Pacifica Partners Inc. 持有联邦快递公司24.8万美元的股份(纽约证券交易所代码:FDX)

Pacifica Partners Inc. 持有联邦快递公司24.8万美元的股份(纽约证券交易所代码:FDX)
2023年03月27日 17:02 富途牛牛综合

Pacifica Partners Inc. lessened its holdings in FedEx Co. (NYSE:FDX – Get Rating) by 67.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,404 shares of the shipping service provider's stock after selling 2,888 shares during the period. Pacifica Partners Inc.'s holdings in FedEx were worth $248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in FedEx by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,835,505 shares of the shipping service provider's stock valued at $2,796,508,000 after buying an additional 220,183 shares during the last quarter. Dodge & Cox increased its stake in FedEx by 0.6% in the 2nd quarter. Dodge & Cox now owns 17,426,647 shares of the shipping service provider's stock valued at $3,950,795,000 after buying an additional 98,022 shares during the last quarter. BlackRock Inc. increased its stake in FedEx by 2.9% in the 3rd quarter. BlackRock Inc. now owns 16,818,843 shares of the shipping service provider's stock valued at $2,497,094,000 after buying an additional 469,345 shares during the last quarter. Primecap Management Co. CA increased its stake in FedEx by 3.3% in the 3rd quarter. Primecap Management Co. CA now owns 13,878,717 shares of the shipping service provider's stock valued at $2,060,573,000 after buying an additional 445,125 shares during the last quarter. Finally, LSV Asset Management increased its stake in FedEx by 9.1% in the 3rd quarter. LSV Asset Management now owns 1,645,580 shares of the shipping service provider's stock valued at $244,319,000 after buying an additional 136,862 shares during the last quarter. Institutional investors and hedge funds own 72.02% of the company's stock.

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Insider Buying and Selling

In related news, Director Amy B. Lane bought 280 shares of the business's stock in a transaction dated Tuesday, January 3rd. The shares were purchased at an average price of $175.83 per share, with a total value of $49,232.40. Following the purchase, the director now owns 1,529 shares of the company's stock, valued at approximately $268,844.07. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 8.62% of the stock is owned by corporate insiders.

FedEx Stock Performance

FedEx stock opened at $217.60 on Monday. The firm's fifty day moving average price is $203.87 and its 200-day moving average price is $181.57. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.27 and a current ratio of 1.32. The stock has a market cap of $54.69 billion, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 1.21 and a beta of 1.31. FedEx Co. has a fifty-two week low of $141.92 and a fifty-two week high of $248.76.

FedEx (NYSE:FDX – Get Rating) last posted its quarterly earnings data on Thursday, March 16th. The shipping service provider reported $3.41 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.74. The firm had revenue of $22.17 billion for the quarter, compared to analysts' expectations of $22.74 billion. FedEx had a net margin of 3.23% and a return on equity of 17.71%. The business's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the company posted $4.59 EPS. On average, equities research analysts expect that FedEx Co. will post 14.98 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Investors of record on Monday, March 13th will be given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Friday, March 10th. FedEx's payout ratio is presently 39.72%.

Analyst Ratings Changes

FDX has been the subject of several analyst reports. The Goldman Sachs Group increased their price objective on shares of FedEx from $218.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, March 17th. Evercore ISI raised their price target on shares of FedEx from $196.00 to $234.00 and gave the stock an "outperform" rating in a research note on Monday, February 27th. Susquehanna raised their price target on shares of FedEx from $170.00 to $225.00 in a research note on Friday, March 17th. Credit Suisse Group raised their price target on shares of FedEx from $257.00 to $269.00 and gave the stock an "outperform" rating in a research note on Friday, March 17th. Finally, Wells Fargo & Company raised their price target on shares of FedEx from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Friday, March 17th. Nine equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $232.68.

About FedEx

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FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services under the FedEx brand. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other & Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight.

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