Foster & Motley Lowered Fedex Corp. (FDX) Position; Ionic Capital Management Has Decreased Facebook (FB) Holding

February 21, 2018 - By Dolores Ford

Foster & Motley Inc decreased Fedex Corp. (FDX) stake by 45.35% reported in 2017Q3 SEC filing. Foster & Motley Inc sold 9,863 shares as Fedex Corp. (FDX)’s stock declined 2.24%. The Foster & Motley Inc holds 11,888 shares with $2.68M value, down from 21,751 last quarter. Fedex Corp. now has $64.56B valuation. The stock decreased 1.31% or $3.21 during the last trading session, reaching $240.98. About 1.13M shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since February 21, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Ionic Capital Management Llc decreased Facebook Inc (FB) stake by 46.75% reported in 2017Q3 SEC filing. Ionic Capital Management Llc sold 18,700 shares as Facebook Inc (FB)’s stock rose 10.88%. The Ionic Capital Management Llc holds 21,300 shares with $3.64M value, down from 40,000 last quarter. Facebook Inc now has $511.31B valuation. The stock decreased 0.76% or $1.35 during the last trading session, reaching $176.01. About 21.20M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 21, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Foster & Motley Inc increased First American Financial Corp (NYSE:FAF) stake by 20,594 shares to 27,862 valued at $1.39M in 2017Q3. It also upped Vanguard Interm (VGIT) stake by 8,864 shares and now owns 72,222 shares. Apple Computer Inc (NASDAQ:AAPL) was raised too.

Analysts await FedEx Corporation (NYSE:FDX) to report earnings on March, 20. They expect $3.04 earnings per share, up 29.36% or $0.69 from last year’s $2.35 per share. FDX’s profit will be $814.38 million for 19.82 P/E if the $3.04 EPS becomes a reality. After $3.18 actual earnings per share reported by FedEx Corporation for the previous quarter, Wall Street now forecasts -4.40% negative EPS growth.

Since September 21, 2017, it had 1 insider buy, and 6 sales for $22.29 million activity. Shares for $802,405 were sold by STEINER DAVID P. Subramaniam Rajesh also sold $1.48M worth of FedEx Corporation (NYSE:FDX) on Thursday, September 21. Colleran Donald F had sold 10,000 shares worth $2.20M. The insider DUCKER MICHAEL L sold 14,964 shares worth $3.38 million. 46,555 FedEx Corporation (NYSE:FDX) shares with value of $11.89M were sold by BRONCZEK DAVID J. The insider Maier Henry J sold 11,150 shares worth $2.55 million. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) on Tuesday, February 6.

Among 37 analysts covering FedEx (NYSE:FDX), 24 have Buy rating, 1 Sell and 12 Hold. Therefore 65% are positive. FedEx had 107 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Monday, February 22. Stifel Nicolaus maintained it with “Hold” rating and $289.0 target in Thursday, January 18 report. Citigroup maintained FedEx Corporation (NYSE:FDX) on Thursday, May 19 with “Buy” rating. The firm has “Market Outperform” rating given on Thursday, March 17 by Avondale. As per Thursday, September 17, the company rating was maintained by Oppenheimer. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, December 20. The rating was maintained by Susquehanna with “Neutral” on Friday, September 18. BMO Capital Markets maintained FedEx Corporation (NYSE:FDX) rating on Tuesday, December 19. BMO Capital Markets has “Buy” rating and $270.0 target. The rating was maintained by BMO Capital Markets with “Buy” on Friday, October 27. Robert W. Baird maintained the shares of FDX in report on Wednesday, December 20 with “Buy” rating.

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.06, from 1.01 in 2017Q2. It improved, as 49 investors sold FDX shares while 378 reduced holdings. 122 funds opened positions while 336 raised stakes. 199.84 million shares or 0.13% less from 200.09 million shares in 2017Q2 were reported. Ontario – Canada-based Sun Life Fincl has invested 0.04% in FedEx Corporation (NYSE:FDX). 22,836 are held by New Mexico Educational Retirement Board. Mengis Cap Mngmt Inc stated it has 0.48% in FedEx Corporation (NYSE:FDX). Moreover, Ifc Holdings Fl has 0.35% invested in FedEx Corporation (NYSE:FDX) for 22,097 shares. Cibc Ww Mkts Inc has invested 0.01% in FedEx Corporation (NYSE:FDX). Olstein Capital Ltd Partnership holds 0.79% or 27,000 shares in its portfolio. Groesbeck Nj has invested 0.41% of its portfolio in FedEx Corporation (NYSE:FDX). West Oak Cap Lc reported 89 shares. M Inc holds 1,058 shares or 0.08% of its portfolio. C M Bidwell reported 0.04% in FedEx Corporation (NYSE:FDX). Legal & General Gru Public Limited holds 0.22% or 1.27 million shares. Regent Inv Mngmt Ltd Liability Corp reported 1.14% in FedEx Corporation (NYSE:FDX). Schroder Gru owns 179,340 shares. Davis Selected Advisers has 1.55% invested in FedEx Corporation (NYSE:FDX). New York-based Catalyst Capital Advsr Ltd Llc has invested 0.01% in FedEx Corporation (NYSE:FDX).

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Allen Management Lc has invested 0.33% in Facebook, Inc. (NASDAQ:FB). The Maryland-based Ithaka Group Ltd Liability Corporation has invested 7.71% in Facebook, Inc. (NASDAQ:FB). Rfg Advisory Limited Liability Corporation holds 0.98% or 9,196 shares. Moreover, Stillwater Management Limited Co has 2.6% invested in Facebook, Inc. (NASDAQ:FB) for 33,459 shares. Gsa Prtn Llp accumulated 23,975 shares. State Of Alaska Department Of Revenue accumulated 4,867 shares. Mckinley Management Ltd Limited Liability Company Delaware stated it has 347,827 shares. Hallmark Cap reported 0.05% stake. Blair William Company Il has 1.53% invested in Facebook, Inc. (NASDAQ:FB). Moreover, Pacific Invest Co has 0.33% invested in Facebook, Inc. (NASDAQ:FB). 804,900 were accumulated by Virginia Retirement System Et Al. Noven Fin Gru accumulated 3,305 shares or 0.34% of the stock. Glynn Capital Management Ltd Com owns 7.32% invested in Facebook, Inc. (NASDAQ:FB) for 170,702 shares. 423,150 were accumulated by Westwood Il. First Heartland Consultants holds 0.32% or 7,771 shares in its portfolio.

Ionic Capital Management Llc increased Spdr Gold Trust (Call) (GLD) stake by 450,000 shares to 650,000 valued at $79.03M in 2017Q3. It also upped Conocophillips (NYSE:COP) stake by 7,000 shares and now owns 29,500 shares. Marathon Pete Corp (Call) (NYSE:MPC) was raised too.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Thursday, April 28. BMO Capital Markets maintained it with “Hold” rating and $170.0 target in Wednesday, November 22 report. The stock has “Buy” rating by RBC Capital Markets on Wednesday, September 6. Robert W. Baird maintained Facebook, Inc. (NASDAQ:FB) rating on Monday, October 2. Robert W. Baird has “Buy” rating and $185.0 target. On Thursday, November 5 the stock rating was maintained by Oppenheimer with “Outperform”. On Thursday, July 27 the stock rating was maintained by UBS with “Buy”. The rating was maintained by Needham on Thursday, July 27 with “Buy”. As per Friday, July 21, the company rating was maintained by Deutsche Bank. The firm earned “Buy” rating on Wednesday, June 7 by RBC Capital Markets. Credit Suisse maintained the shares of FB in report on Monday, October 17 with “Outperform” rating.

Since August 22, 2017, it had 0 insider buys, and 32 selling transactions for $470.07 million activity. Zuckerberg Mark also sold $42.50 million worth of Facebook, Inc. (NASDAQ:FB) shares. Shares for $134,821 were sold by Stretch Colin on Tuesday, December 19. Schroepfer Michael Todd also sold $6.64M worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, February 13. $806,019 worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B.. $2.77M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K on Monday, October 9. The insider Sandberg Sheryl sold 55,000 shares worth $9.75 million. The insider Koum Jan sold 640,754 shares worth $109.70M.

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