Thompson Investment Management Has Lowered Its Position in Fedex Com (FDX) by $359,760; Assured Guaranty LTD (AGO) Holder Taconic Capital Advisors LP Has Lifted Position by $17.10 Million as Share Value Rose

June 14, 2018 - By Dolores Ford

Assured Guaranty Ltd. (NYSE:AGO) Logo

Frank Brosens increased its stake in Assured Guaranty Ltd (AGO) by 211.11% based on its latest 2018Q1 regulatory filing with the SEC. Taconic Capital Advisors Lp bought 475,000 shares as the company’s stock rose 0.78% while stock markets declined. The hedge fund run by Frank Brosens held 700,000 shares of the property-casualty insurers company at the end of 2018Q1, valued at $25.34M, up from 225,000 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Assured Guaranty Ltd for a number of months, seems to be bullish on the $4.20 billion market cap company. The stock decreased 0.24% or $0.09 during the last trading session, reaching $37.42. About 594,526 shares traded. Assured Guaranty Ltd. (NYSE:AGO) has declined 7.58% since June 14, 2017 and is downtrending. It has underperformed by 20.15% the S&P500. Some Historical AGO News: 23/05/2018 – AGO: SEEKING JUDGMENT DECLARING REVISED FISCAL PLAN UNLAWFUL; 23/04/2018 – ASSURED GUARANTY SAYS DISAGREES WITH GREENLIGHT CAPITAL VIEWS; 14/05/2018 – Goldentree Asset Buys New 1% Position in Assured Guaranty; 03/05/2018 – Assured Guaranty 1Q EPS $1.68; 03/05/2018 – Assured Guaranty 1Q Net $197M; 23/05/2018 – Assured Guaranty Asserts Oversight Board Developed Plan That Violates PROMESA and U.S. Constitution; 23/04/2018 – SOHN CONFERENCE: EINHORN CALLS ASSURED GUARANTY “A MELTING ICE CUBE THAT IS PAYING OUT THE DROPS WHILE IT STILL CAN”; 23/04/2018 – Hedge fund manager David Einhorn is betting against Assured Guaranty; 23/04/2018 – EINHORN SAYS PUERTO RICO MAY JUST TIP OF ICEBERG FOR AGO; 23/04/2018 – ASSURED GUARANTY ISSUES STATEMENT IN RESPONDS TO CRITIQUE BY

Thompson Investment Management Inc decreased its stake in Fedex Corp Com (FDX) by 6.54% based on its latest 2018Q1 regulatory filing with the SEC. Thompson Investment Management Inc sold 1,499 shares as the company’s stock declined 1.18% with the market. The institutional investor held 21,433 shares of the air freight and delivery services company at the end of 2018Q1, valued at $5.15M, down from 22,932 at the end of the previous reported quarter. Thompson Investment Management Inc who had been investing in Fedex Corp Com for a number of months, seems to be less bullish one the $70.40 billion market cap company. The stock increased 0.21% or $0.54 during the last trading session, reaching $263.46. About 606,595 shares traded. FedEx Corporation (NYSE:FDX) has risen 29.10% since June 14, 2017 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical FDX News: 21/03/2018 – Texas bomber suspect kills self as police close in, officials say; 20/03/2018 – Spectrum News Austin: BREAKING: APD and federal investigators say packages at FedEx facilities located today connected to; 14/03/2018 – Rep. Kustoff: Rep. Kustoff Applauds FedEx’s $1 Billion Investment in Memphis Hub; 20/03/2018 – Fifth package bomb goes off in Texas, injures one at FedEx site; 20/03/2018 – KOIN News: BREAKING: Texas attorney general tells a TV station the bomb that blew up at FedEx center was mailed from Austin to; 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 – FBI SAYS DOES NOT KNOW YET IF FEDEX FDX.N PACKAGE EXPLOSION NEAR SAN ANTONIO IS RELATED TO AUSTIN SERIAL BOMBING; 20/03/2018 – WFAA: Bomb found at FedEx near airport linked to Austin explosions; 20/03/2018 – FEDEX – THERE WERE NO SERIOUS INJURIES FROM THIS CRIMINAL ACTIVITY; 15/05/2018 – The Morning Download: FedEx CIO Says Blockchain Poised to Remake Corporate Logistics

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 119 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Thursday, November 30 with “Buy”. The stock has “Market Outperform” rating by Avondale on Thursday, March 17. Deutsche Bank initiated FedEx Corporation (NYSE:FDX) rating on Wednesday, November 2. Deutsche Bank has “Buy” rating and $210 target. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Wednesday, May 16 by Oppenheimer. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, March 21. Raymond James upgraded the shares of FDX in report on Monday, February 6 to “Outperform” rating. On Tuesday, October 31 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Buy” rating given on Wednesday, June 21 by Stephens. The rating was maintained by BMO Capital Markets on Friday, March 24 with “Outperform”. The stock has “Overweight” rating by Barclays Capital on Wednesday, May 4.

Analysts await FedEx Corporation (NYSE:FDX) to report earnings on June, 19 after the close. They expect $5.71 earnings per share, up 34.35% or $1.46 from last year’s $4.25 per share. FDX’s profit will be $1.53 billion for 11.54 P/E if the $5.71 EPS becomes a reality. After $3.72 actual earnings per share reported by FedEx Corporation for the previous quarter, Wall Street now forecasts 53.49% EPS growth.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Investorplace.com which released: “5 Top Stock Trades for Wednesday Morning” on June 12, 2018, also Seekingalpha.com with their article: “FedEx at the ready if UPS teamsters strike” published on June 08, 2018, Seekingalpha.com published: “FedEx: Total Return Buy As The Economy Grows” on June 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Benzinga.com and their article: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” published on May 26, 2018 as well as Nasdaq.com‘s news article titled: “3 Best Stocks to Buy for June” with publication date: June 08, 2018.

Since January 2, 2018, it had 1 insider buy, and 4 insider sales for $45.54 million activity. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) shares. On Wednesday, April 18 the insider SMITH FREDERICK W sold $31.74M. Shares for $802,405 were sold by STEINER DAVID P on Friday, January 5. WALSH PAUL S had sold 4,400 shares worth $1.12 million on Wednesday, April 18.

Thompson Investment Management Inc, which manages about $2.99 billion and $536.60 million US Long portfolio, upped its stake in Pfizer Inc (NYSE:PFE) by 34,850 shares to 83,857 shares, valued at $2.98 million in 2018Q1, according to the filing. It also increased its holding in Newell Brands Inc. (NYSE:NWL) by 29,160 shares in the quarter, for a total of 126,869 shares, and has risen its stake in Kimco Rlty Corp Com (NYSE:KIM).

Investors sentiment decreased to 1 in Q1 2018. Its down 0.21, from 1.21 in 2017Q4. It turned negative, as 58 investors sold FDX shares while 414 reduced holdings. 113 funds opened positions while 359 raised stakes. 192.41 million shares or 0.69% less from 193.75 million shares in 2017Q4 were reported. Spf Beheer Bv has 3.18% invested in FedEx Corporation (NYSE:FDX). 5,204 were accumulated by Kistler. Nuveen Asset Limited Liability Corp stated it has 0.01% of its portfolio in FedEx Corporation (NYSE:FDX). Fred Alger Mgmt Inc owns 160,683 shares or 0.18% of their US portfolio. Moreover, Cubist Systematic Strategies Ltd has 0.13% invested in FedEx Corporation (NYSE:FDX). Groesbeck Invest Mgmt Corporation Nj invested in 2,439 shares. Duncker Streett & Com accumulated 382 shares or 0.02% of the stock. Mackay Shields Limited Liability Company has 76,825 shares. Peapack Gladstone Fincl reported 35,895 shares or 0% of all its holdings. The Maryland-based Heritage Invsts Management has invested 0.9% in FedEx Corporation (NYSE:FDX). Deltec Asset Management Ltd reported 0.31% in FedEx Corporation (NYSE:FDX). Compass Capital holds 4.14% or 115,238 shares. Exxonmobil Mngmt Incorporated Tx accumulated 37,730 shares or 0.26% of the stock. Legal & General Grp Public Ltd Company invested 0.22% in FedEx Corporation (NYSE:FDX). Kentucky-based Todd Asset Management Limited Company has invested 0.59% in FedEx Corporation (NYSE:FDX).

Taconic Capital Advisors Lp, which manages about $11.01 billion and $610.95 million US Long portfolio, decreased its stake in Caesars Entmt Corp (NASDAQ:CZR) by 395,000 shares to 500,000 shares, valued at $5.63M in 2018Q1, according to the filing. It also reduced its holding in Stars Group Inc by 145,200 shares in the quarter, leaving it with 307,600 shares, and cut its stake in Amazon Com Inc (Put) (NASDAQ:AMZN).

Among 6 analysts covering Assured Guaranty (NYSE:AGO), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Assured Guaranty had 12 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Friday, April 7 by Wood. The rating was maintained by UBS with “Buy” on Wednesday, October 4. The firm has “Outperform” rating by Macquarie Research given on Monday, November 9. The stock of Assured Guaranty Ltd. (NYSE:AGO) earned “Hold” rating by Keefe Bruyette & Woods on Friday, June 9. BTIG Research maintained the stock with “Buy” rating in Monday, February 5 report. The stock has “Buy” rating by M Partners on Monday, November 16. The stock of Assured Guaranty Ltd. (NYSE:AGO) has “Mkt Perform” rating given on Tuesday, February 28 by Keefe Bruyette & Woods. The firm has “Buy” rating by UBS given on Tuesday, November 10. On Wednesday, December 20 the stock rating was initiated by Keefe Bruyette & Woods with “Buy”. The firm has “Buy” rating by BTIG Research given on Friday, May 26.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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By1 Dolores Ford

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