As Fedex (FDX) Market Value Declined, Matthew 25 Management Has Decreased Its Stake; As Zillow Group (Z) Stock Price Rose, Spo Advisory Raised Stake by $5.12 Million

February 25, 2018 - By Richard Conner

John H. Scully increased its stake in Zillow Group Inc (Z) by 36.08% based on its latest 2017Q3 regulatory filing with the SEC. Spo Advisory Corp bought 128,000 shares as the company’s stock rose 15.96% with the market. The hedge fund run by John H. Scully held 482,800 shares of the miscellaneous company at the end of 2017Q3, valued at $19.38M, up from 354,800 at the end of the previous reported quarter. Spo Advisory Corp who had been investing in Zillow Group Inc for a number of months, seems to be bullish on the $8.59B market cap company. The stock decreased 2.38% or $1.14 during the last trading session, reaching $46.69. About 1.48 million shares traded or 42.95% up from the average. Zillow Group, Inc. (NASDAQ:Z) has risen 50.16% since February 25, 2017 and is uptrending. It has outperformed by 33.46% the S&P500.

Matthew 25 Management Corp decreased its stake in Fedex Corporation (FDX) by 6.25% based on its latest 2017Q3 regulatory filing with the SEC. Matthew 25 Management Corp sold 10,000 shares as the company’s stock declined 2.24% while stock markets rallied. The institutional investor held 150,000 shares of the air freight and delivery services company at the end of 2017Q3, valued at $33.84 million, down from 160,000 at the end of the previous reported quarter. Matthew 25 Management Corp who had been investing in Fedex Corporation for a number of months, seems to be less bullish one the $67.57 billion market cap company. The stock increased 2.77% or $6.79 during the last trading session, reaching $252.22. About 1.81M shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since February 25, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Among 10 analysts covering Zillow Inc (NASDAQ:Z), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Zillow Inc had 26 analyst reports since July 31, 2015 according to SRatingsIntel. Benchmark maintained Zillow Group, Inc. (NASDAQ:Z) rating on Wednesday, August 5. Benchmark has “Buy” rating and $105 target. KeyBanc Capital Markets upgraded Zillow Group, Inc. (NASDAQ:Z) on Friday, January 26 to “Buy” rating. The stock has “Overweight” rating by Stephens on Wednesday, August 26. As per Wednesday, November 4, the company rating was maintained by Benchmark. Morgan Stanley upgraded it to “Buy” rating and $50.0 target in Wednesday, January 10 report. On Thursday, December 22 the stock rating was initiated by Stifel Nicolaus with “Hold”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, July 14. The stock of Zillow Group, Inc. (NASDAQ:Z) earned “Buy” rating by Benchmark on Tuesday, May 3. The firm has “Market Perform” rating given on Wednesday, May 4 by Cowen & Co. The company was maintained on Thursday, June 29 by Benchmark.

Spo Advisory Corp, which manages about $5.02B US Long portfolio, decreased its stake in Liberty Global Plc (NASDAQ:LBTYK) by 2.57M shares to 30.26M shares, valued at $989.44M in 2017Q3, according to the filing.

Since September 21, 2017, it had 1 buying transaction, and 6 insider sales for $22.29 million activity. SCHWAB SUSAN C bought 80 shares worth $19,837. 3,016 FedEx Corporation (NYSE:FDX) shares with value of $802,405 were sold by STEINER DAVID P. On Tuesday, January 2 BRONCZEK DAVID J sold $11.89 million worth of FedEx Corporation (NYSE:FDX) or 46,555 shares. Another trade for 14,964 shares valued at $3.38M was made by DUCKER MICHAEL L on Friday, September 29. On Thursday, September 21 Subramaniam Rajesh sold $1.48M worth of FedEx Corporation (NYSE:FDX) or 6,750 shares. The insider Colleran Donald F sold $2.20 million.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.06, from 1.01 in 2017Q2. It increased, 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. Oppenheimer Company holds 0.1% or 17,177 shares in its portfolio. New York-based Carret Asset Ltd Com has invested 0.79% in FedEx Corporation (NYSE:FDX). Mutual Of America Capital Mngmt Limited Liability Corp accumulated 45,618 shares. Cohen And Steers invested in 91,468 shares or 0.06% of the stock. 2,958 were accumulated by Zeke Capital Advsr Limited Com. Citigroup has invested 0.05% of its portfolio in FedEx Corporation (NYSE:FDX). Wilbanks Smith Thomas Asset Ltd stated it has 0.26% in FedEx Corporation (NYSE:FDX). Fdx Inc holds 13,747 shares or 0.09% of its portfolio. James Invest Rech has invested 0.72% in FedEx Corporation (NYSE:FDX). Zacks Invest Mngmt owns 64,885 shares. Lodestar Invest Counsel Limited Liability Company Il has 6,822 shares for 0.19% of their portfolio. 17,360 were accumulated by Utd Capital Advisers Limited Company. Weatherly Asset Mngmt Limited Partnership reported 5,305 shares. Rdl Inc has invested 0.17% in FedEx Corporation (NYSE:FDX). Moreover, Kbc Gp Nv has 0.13% invested in FedEx Corporation (NYSE:FDX) for 61,094 shares.

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By1 Richard Conner

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