Trending Stock News

As Anthem (ANTM) Valuation Rose, Altalis Capital Management Has Trimmed Its Holding; Fedex (FDX) Shareholder Check Capital Management Has Increased Position

Check Capital Management Inc increased its stake in Fedex (FDX) by 88.64% based on its latest 2017Q3 regulatory filing with the SEC. Check Capital Management Inc bought 246,752 shares as the company’s stock declined 2.24% while stock markets rallied. The hedge fund held 525,125 shares of the air freight and delivery services company at the end of 2017Q3, valued at $118.46 million, up from 278,373 at the end of the previous reported quarter. Check Capital Management Inc who had been investing in Fedex for a number of months, seems to be bullish on the $65.42B market cap company. The stock decreased 0.34% or $0.84 during the last trading session, reaching $244.19. About 1.48 million shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since February 19, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Adam Fox decreased its stake in Anthem Inc (ANTM) by 45.74% based on its latest 2017Q3 regulatory filing with the SEC. Altalis Capital Management Llc sold 7,607 shares as the company’s stock rose 10.08% with the market. The hedge fund run by Adam Fox held 9,025 shares of the health care company at the end of 2017Q3, valued at $1.71M, down from 16,632 at the end of the previous reported quarter. Altalis Capital Management Llc who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $60.34B market cap company. The stock increased 1.28% or $2.96 during the last trading session, reaching $235.02. About 1.09M shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since February 19, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.

Among 24 analysts covering Anthem Inc (NYSE:ANTM), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. Anthem Inc had 73 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Friday, October 13. As per Wednesday, October 18, the company rating was maintained by Cantor Fitzgerald. The firm has “Buy” rating given on Wednesday, October 25 by Cantor Fitzgerald. The rating was upgraded by Wells Fargo on Tuesday, November 15 to “Outperform”. RBC Capital Markets maintained the shares of ANTM in report on Tuesday, May 30 with “Buy” rating. The stock has “Buy” rating by Bernstein on Thursday, January 25. Jefferies downgraded the stock to “Hold” rating in Tuesday, September 13 report. The rating was maintained by Leerink Swann on Tuesday, November 7 with “Outperform”. Piper Jaffray initiated Anthem, Inc. (NYSE:ANTM) on Wednesday, January 4 with “Neutral” rating. The stock has “Buy” rating by Jefferies on Friday, January 8.

Altalis Capital Management Llc, which manages about $283.10M and $152.43M US Long portfolio, upped its stake in News Corp New (NASDAQ:NWSA) by 387,366 shares to 2.31M shares, valued at $30.63 million in 2017Q3, according to the filing. It also increased its holding in Dish Network Corp (NASDAQ:DISH) by 102,529 shares in the quarter, for a total of 229,059 shares, and has risen its stake in Magellan Health Inc (NASDAQ:MGLN).

Check Capital Management Inc, which manages about $796.94M and $3.35B US Long portfolio, decreased its stake in Verizon (NYSE:VZ) by 257,248 shares to 733,672 shares, valued at $36.31 million in 2017Q3, according to the filing.

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. UBS maintained it with “Buy” rating and $23500 target in Wednesday, June 21 report. Cowen & Co maintained FedEx Corporation (NYSE:FDX) on Friday, December 16 with “Outperform” rating. The firm has “Hold” rating by Zacks given on Monday, August 24. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, September 5. The firm has “Buy” rating given on Tuesday, December 19 by BMO Capital Markets. As per Thursday, September 21, the company rating was maintained by Wells Fargo. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, September 21. The rating was maintained by Nomura with “Neutral” on Thursday, March 17. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, October 10. Bernstein maintained FedEx Corporation (NYSE:FDX) on Wednesday, December 20 with “Hold” rating.

Since September 21, 2017, it had 1 buying transaction, and 6 insider sales for $22.29 million activity. On Tuesday, January 2 the insider BRONCZEK DAVID J sold $11.89M. DUCKER MICHAEL L also sold $3.38M worth of FedEx Corporation (NYSE:FDX) shares. On Thursday, September 21 Subramaniam Rajesh sold $1.48M worth of FedEx Corporation (NYSE:FDX) or 6,750 shares. 11,150 shares were sold by Maier Henry J, worth $2.55M. STEINER DAVID P had sold 3,016 shares worth $802,405. 10,000 shares were sold by Colleran Donald F, worth $2.20 million on Thursday, September 21.

Leave a Reply

Your email address will not be published. Required fields are marked *