Bath Savings Trust Co Increased Its Stake in Fedex (FDX) by $397,440; Crescent Park Management LP Increases Position in Fleetcor Technologies (FLT)

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Bath Savings Trust Co increased its stake in Fedex Corporation (FDX) by 10.09% based on its latest 2018Q3 regulatory filing with the SEC. Bath Savings Trust Co bought 1,656 shares as the company’s stock declined 22.66% with the market. The institutional investor held 18,076 shares of the air freight and delivery services company at the end of 2018Q3, valued at $4.35M, up from 16,420 at the end of the previous reported quarter. Bath Savings Trust Co who had been investing in Fedex Corporation for a number of months, seems to be bullish on the $44.03 billion market cap company. The stock decreased 0.86% or $1.47 during the last trading session, reaching $168.65. About 391,947 shares traded. FedEx Corporation (NYSE:FDX) has declined 19.38% since January 11, 2018 and is downtrending. It has underperformed by 19.38% the S&P500. Some Historical FDX News: 13/03/2018 – Curse of the shy : Former Saints RB Travforest Cadet has signed a 3yr deal with Fedex, sources said; 20/03/2018 – FEDEX CEO SMITH COMMENTS ON QUARTERLY CONFERENCE CALL; 20/03/2018 – KTAL NBC 6 News: #BREAKING: A package headed to #Austin exploded at a San Antonio FedEx facility. The FBI says this #explosion; 20/03/2018 – WUSA9: Bomb found at FedEx near airport possibly linked to Austin explosions; 20/03/2018 – FEDEX 3Q ADJ EPS $3.72, EST. $3.11, REV. BEATS; 02/04/2018 – FEDEX EXPRESS ANNOUNCES PURPLE RUNWAY — A FEDEX PATHWAYS PROGRAM; 12/03/2018 – Tricia Griffith, Progressive CEO, Joins FedEx Corporation Board of Directors; 20/03/2018 – Rochelle Metzger: #BREAKING: A device exploded early Tuesday at a FedEx ground distribution facility in Texas injuring one; 08/05/2018 – FEDEX CORP -TO RECOGNIZE ONE-TIME NON-CASH PENSION SETTLEMENT CHARGE, TO BE INCLUDED IN FY 2018 YEAR-END MARK-TO-MARKET PENSION ACCOUNTING ADJUSTMENTS; 20/03/2018 – ‘Race against time’ to find bomber as fifth device blows up in Texas

Crescent Park Management Lp increased its stake in Fleetcor Technologies Inc (FLT) by 9.52% based on its latest 2018Q3 regulatory filing with the SEC. Crescent Park Management Lp bought 18,041 shares as the company’s stock declined 14.59% with the market. The institutional investor held 207,591 shares of the miscellaneous company at the end of 2018Q3, valued at $47.30M, up from 189,550 at the end of the previous reported quarter. Crescent Park Management Lp who had been investing in Fleetcor Technologies Inc for a number of months, seems to be bullish on the $16.67B market cap company. The stock decreased 1.04% or $1.98 during the last trading session, reaching $188.08. About 22,239 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 0.08% since January 11, 2018 and is uptrending. It has outperformed by 0.08% the S&P500. Some Historical FLT News: 07/05/2018 – FleetCor Presenting at JPMorgan Conference May 16; 21/03/2018 – UBER FREIGHT PARTNERS WITH FLEETCOR; 21/03/2018 – UBER, FLEETCOR IN PACT FOR FREIGHT FUEL CARD; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 NET INCOME PER DILUTED SHARE BETWEEN $7.55 AND $7.85; 02/05/2018 – Franklin Templeton – Technology Adds Intel, Exits FleetCor; 10/05/2018 – FLEETCOR -CO INCURRED & EXPECTS TO CONTINUE TO INCUR LEGAL & OTHER PROFESSIONAL EXPENSES RELATED TO UNAUTHORIZED ACCESS INCIDENT IN FUTURE PERIODS; 03/05/2018 – FleetCor Sees 2018 EPS $7.55-EPS $7.85; 03/05/2018 – FLEETCOR TECHNOLOGIES – CO DID NOT SEE EVIDENCE OF ACCESS TO PROPRIETARY AND THIRD-PARTY PAYMENT NETWORKS USED TO DELIVER CO’S PAYMENT SOLUTIONS; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – COMPANY WILL PROVIDE AN UPDATE ON INCIDENT IN ITS UPCOMING 10-Q, WHICH IT EXPECTS TO FILE BY MAY 10, 2018; 03/05/2018 – FleetCor Sees 2018 Net $705M-Net $735M

Among 38 analysts covering FedEx (NYSE:FDX), 25 have Buy rating, 1 Sell and 12 Hold. Therefore 66% are positive. FedEx had 137 analyst reports since August 14, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $270.0 target in Tuesday, December 19 report. Robert W. Baird maintained FedEx Corporation (NYSE:FDX) on Sunday, February 11 with “Buy” rating. The rating was upgraded by Bank of America on Wednesday, December 20 to “Buy”. On Wednesday, December 20 the stock rating was maintained by Wells Fargo with “Buy”. The firm earned “Buy” rating on Tuesday, October 31 by Robert W. Baird. The stock has “Outperform” rating by Credit Suisse on Tuesday, September 18. As per Tuesday, October 6, the company rating was upgraded by Stifel Nicolaus. As per Tuesday, September 22, the company rating was maintained by Argus Research. The stock of FedEx Corporation (NYSE:FDX) earned “Hold” rating by Seaport Global on Tuesday, June 6. Cowen & Co maintained the stock with “Buy” rating in Monday, December 18 report.

Since September 19, 2018, it had 2 insider purchases, and 1 insider sale for $1.08 million activity. The insider EDWARDSON JOHN A sold $281,124. Griffith Susan Patricia also bought $225,156 worth of FedEx Corporation (NYSE:FDX) on Wednesday, October 17.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “Morgan Stanley: FedEx’s ’20/20/20′ Narrative Is Gone (NYSE:FDX) – Benzinga” on December 21, 2018, also Benzinga.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Did Postal Reform Task Force Give Private Carriers an Early Christmas Gift? – Benzinga” published on December 17, 2018, Benzinga.com published: “FedEx Corporation (NYSE:FDX) – Trucking Companies Exposed To New Liability Risk After FMCSA Preemption – Benzinga” on January 08, 2019. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “Here’s The Price I’ll Start Buying FedEx – Seeking Alpha” published on December 20, 2018 as well as Benzinga.com‘s news article titled: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Amazon Says It Delivered 1 Billion Holiday “Items” For Free Under Prime service – Benzinga” with publication date: December 26, 2018.

Investors sentiment increased to 1.29 in Q3 2018. Its up 0.18, from 1.11 in 2018Q2. It increased, as 42 investors sold FDX shares while 362 reduced holdings. 112 funds opened positions while 411 raised stakes. 183.43 million shares or 1.65% less from 186.50 million shares in 2018Q2 were reported. Hartford Inv Mgmt invested 0.2% in FedEx Corporation (NYSE:FDX). Security Company invested in 0.23% or 2,995 shares. Fiduciary Tru Com holds 4,682 shares. State Teachers Retirement Systems holds 0.22% in FedEx Corporation (NYSE:FDX) or 393,691 shares. 6,577 were reported by Columbia Asset. Afam Capital invested in 1.06% or 31,500 shares. Atalanta Sosnoff Cap Limited Liability Corporation holds 1.51% or 209,346 shares. Stock Yards Bankshares & has invested 1.4% in FedEx Corporation (NYSE:FDX). Moreover, Arizona State Retirement Sys has 0.18% invested in FedEx Corporation (NYSE:FDX) for 81,320 shares. Baldwin Investment Ltd Liability Com holds 5,232 shares. Td Cap Limited Co reported 0.22% stake. Guyasuta Advisors has invested 0.04% in FedEx Corporation (NYSE:FDX). The Ohio-based Huntington Fincl Bank has invested 0.2% in FedEx Corporation (NYSE:FDX). High Pointe Management Ltd reported 2.07% in FedEx Corporation (NYSE:FDX). Bridgewater LP holds 33,673 shares or 0.08% of its portfolio.

Bath Savings Trust Co, which manages about $458.03 million US Long portfolio, decreased its stake in Automatic Data Processing (NASDAQ:ADP) by 2,396 shares to 69,599 shares, valued at $10.49 million in 2018Q3, according to the filing. It also reduced its holding in Apple Computer (NASDAQ:AAPL) by 3,039 shares in the quarter, leaving it with 105,557 shares, and cut its stake in Exxon Mobil Corporation (NYSE:XOM).

Crescent Park Management Lp, which manages about $466.84M and $530.24 million US Long portfolio, decreased its stake in Broadcom Inc by 92,239 shares to 143,452 shares, valued at $35.39M in 2018Q3, according to the filing. It also reduced its holding in California Res Corp by 387,160 shares in the quarter, leaving it with 907,616 shares, and cut its stake in Liberty Broadband Corp.

Among 17 analysts covering Fleetcor Technologies (NYSE:FLT), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Fleetcor Technologies had 60 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Suntrust Robinson on Friday, June 24 with “Buy”. Wells Fargo upgraded FleetCor Technologies, Inc. (NYSE:FLT) on Friday, November 18 to “Outperform” rating. The firm earned “Outperform” rating on Wednesday, February 3 by Keefe Bruyette & Woods. Jefferies maintained it with “Buy” rating and $197 target in Wednesday, April 5 report. Monness Crespi & Hardt maintained the shares of FLT in report on Wednesday, January 27 with “Buy” rating. The stock has “Overweight” rating by Barclays Capital on Wednesday, September 21. The firm has “Strong Buy” rating given on Tuesday, May 2 by Raymond James. Evercore downgraded FleetCor Technologies, Inc. (NYSE:FLT) on Wednesday, September 30 to “Hold” rating. Morgan Stanley maintained FleetCor Technologies, Inc. (NYSE:FLT) rating on Wednesday, March 14. Morgan Stanley has “Overweight” rating and $235 target. The stock of FleetCor Technologies, Inc. (NYSE:FLT) earned “Overweight” rating by Barclays Capital on Thursday, November 2.

More notable recent FleetCor Technologies, Inc. (NYSE:FLT) news were published by: Seekingalpha.com which released: “FleetCor Technologies (FLT) Presents At Raymond James & Associates’s 39th Annual Institutional Investors Conference – Slideshow – Seeking Alpha” on March 05, 2018, also Streetinsider.com with their article: “Fleetcor Technologies (FLT) Announces $220 Million ASR Program – StreetInsider.com” published on December 17, 2018, Seekingalpha.com published: “FleetCor Technologies, Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 30, 2018. More interesting news about FleetCor Technologies, Inc. (NYSE:FLT) were released by: Globenewswire.com and their article: “Update: Lawsuit for Investors in shares of FleetCor Technologies, Inc. (NYSE: FLT) announced by Shareholders Foundation – GlobeNewswire” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “Detailed Research: Economic Perspectives on MobileIron, ServiceSource International, A10 Networks, FleetCor Technologies, Altice, and Live Nation Entertainment — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” with publication date: December 20, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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