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Columbia Asset Management Holds Stake in F D X (FDX); Monarch Capital Management Has Raised Holding in General Electric (GE) as Stock Value Declined

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Monarch Capital Management Inc increased its stake in General Electric (GE) by 10.77% based on its latest 2017Q4 regulatory filing with the SEC. Monarch Capital Management Inc bought 19,402 shares as the company’s stock declined 23.20% with the market. The institutional investor held 199,592 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $3.48 million, up from 180,190 at the end of the previous reported quarter. Monarch Capital Management Inc who had been investing in General Electric for a number of months, seems to be bullish on the $130.54 billion market cap company. The stock increased 2.18% or $0.32 during the last trading session, reaching $15.03. About 54.62 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 17, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Columbia Asset Management increased its stake in F D X Corporation (FDX) by 29.49% based on its latest 2017Q4 regulatory filing with the SEC. Columbia Asset Management bought 1,390 shares as the company’s stock declined 6.15% with the market. The institutional investor held 6,103 shares of the air freight and delivery services company at the end of 2017Q4, valued at $1.52 million, up from 4,713 at the end of the previous reported quarter. Columbia Asset Management who had been investing in F D X Corporation for a number of months, seems to be bullish on the $66.03B market cap company. The stock decreased 0.09% or $0.22 during the last trading session, reaching $247.12. About 1.10 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 17, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Since January 2, 2018, it had 1 insider buy, and 4 sales for $45.54 million activity. $1.12 million worth of FedEx Corporation (NYSE:FDX) was sold by WALSH PAUL S on Wednesday, April 18. 80 shares were bought by SCHWAB SUSAN C, worth $19,837. The insider STEINER DAVID P sold $802,405. $31.74 million worth of stock was sold by SMITH FREDERICK W on Wednesday, April 18.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “New Oanda CTO Should Drive Major FinTech Expansion” on April 26, 2018, also Gurufocus.com with their article: “Larry Robbins’ Glenview Capital Management Starts 5 Positions in 1st Quarter” published on May 16, 2018, Finance.Yahoo.com published: “FedEx Corporation Has Amazon Derangement Syndrome” on May 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “USPS returns to losing ways” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “Investors size up UPS and FedEx” with publication date: April 27, 2018.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It increased, as 45 investors sold FDX shares while 366 reduced holdings. 137 funds opened positions while 361 raised stakes. 193.75 million shares or 3.04% less from 199.84 million shares in 2017Q3 were reported. Hitchwood Capital LP stated it has 4.91% in FedEx Corporation (NYSE:FDX). Keybank National Association Oh has 0.06% invested in FedEx Corporation (NYSE:FDX) for 40,985 shares. Btr Cap Mngmt holds 0.5% of its portfolio in FedEx Corporation (NYSE:FDX) for 10,331 shares. Cobblestone Cap Advisors Ltd Liability New York has 2,050 shares for 0.05% of their portfolio. British Columbia Inv Mgmt Corporation accumulated 0.2% or 114,138 shares. Retirement Systems Of Alabama has invested 0.29% in FedEx Corporation (NYSE:FDX). 2,550 are owned by Weik Capital Management. St Johns Investment Mngmt Limited Liability Corp reported 3,120 shares. New York-based Carret Asset Mngmt Ltd Company has invested 0.85% in FedEx Corporation (NYSE:FDX). Cwm Ltd Limited Liability Company reported 1.51% in FedEx Corporation (NYSE:FDX). 139 were reported by Motco. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 11,819 shares for 0.11% of their portfolio. Impala Asset Mngmt Limited Liability Corporation holds 2.36% or 266,410 shares in its portfolio. Bb&T reported 12,348 shares. Archon Prtnrs Llc has invested 1.41% in FedEx Corporation (NYSE:FDX).

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 117 analyst reports since August 14, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, March 24 report. Robert W. Baird maintained FedEx Corporation (NYSE:FDX) on Wednesday, December 20 with “Buy” rating. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Thursday, March 17. Stifel Nicolaus has “Buy” rating and $174 target. The firm earned “Outperform” rating on Thursday, September 17 by Cowen & Co. As per Tuesday, March 15, the company rating was maintained by Credit Suisse. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Thursday, November 30 by BMO Capital Markets. As per Monday, November 30, the company rating was downgraded by Wolfe Research. The firm earned “Outperform” rating on Friday, December 16 by Cowen & Co. As per Wednesday, September 20, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Oppenheimer given on Wednesday, June 21.

Columbia Asset Management, which manages about $354.79M and $348.45M US Long portfolio, decreased its stake in Emerson Electric Co (NYSE:EMR) by 6,540 shares to 64,202 shares, valued at $4.47 million in 2017Q4, according to the filing. It also reduced its holding in Nokia Corp Spon Adr (NYSE:NOK) by 85,400 shares in the quarter, leaving it with 39,232 shares, and cut its stake in V F Corporation (NYSE:VFC).

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 14 by Stifel Nicolaus. On Tuesday, July 21 the stock rating was upgraded by TheStreet to “Buy”. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, April 3 by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Wednesday, January 24 by CFRA. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Friday, December 16 by Bernstein. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by DZ Bank on Wednesday, March 28. Stifel Nicolaus maintained the shares of GE in report on Sunday, December 10 with “Hold” rating. The rating was maintained by Cowen & Co on Monday, July 17 with “Hold”. The company was maintained on Tuesday, July 26 by Bernstein. On Tuesday, July 25 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

More notable recent General Electric Company (NYSE:GE) news were published by: Businesswire.com which released: “GE Expands Its Innovative Advanced Gas Path Technology to Fifth Gas Turbine Fleet and Announces First Adoption in …” on May 16, 2018, also Investorplace.com with their article: “5 Top Stock Trades for Thursday Morning” published on May 16, 2018, Seekingalpha.com published: “GE Stock: Situation Simplified” on April 26, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Big Payout” published on May 15, 2018 as well as Bizjournals.com‘s news article titled: “GE, Teradyne urge Trump administration to ditch Chinese tariffs” with publication date: May 16, 2018.

Monarch Capital Management Inc, which manages about $312.53M and $268.84M US Long portfolio, decreased its stake in Sysco (NYSE:SYY) by 5,743 shares to 84,004 shares, valued at $5.10M in 2017Q4, according to the filing. It also reduced its holding in Accenture Plc (NYSE:ACN) by 2,731 shares in the quarter, leaving it with 33,082 shares, and cut its stake in Franklin Electric (NASDAQ:FELE).

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It fall, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Flossbach Von Storch Ag owns 14,560 shares. Gw Henssler And has invested 0.02% in General Electric Company (NYSE:GE). Lodestar Inv Counsel Ltd Llc Il holds 308,384 shares or 0.62% of its portfolio. Cibc Asset holds 0.09% in General Electric Company (NYSE:GE) or 805,124 shares. 37,009 were accumulated by Cambridge. 88,209 were reported by Intersect Cap Ltd. Texas-based Exxonmobil Inv Tx has invested 0.66% in General Electric Company (NYSE:GE). Tirschwell & Loewy invested in 0.16% or 66,317 shares. Clarkston Ptnrs Limited Co holds 2.55 million shares or 1.73% of its portfolio. Signature Financial holds 0.15% or 32,629 shares in its portfolio. Iowa National Bank, a Iowa-based fund reported 139,341 shares. 96,214 are held by Gluskin Sheff Associates. Wade G W & Inc owns 79,925 shares or 0.16% of their US portfolio. Asset Strategies Incorporated owns 11,114 shares. Pettyjohn Wood White Inc reported 150,036 shares stake.

Since January 26, 2018, it had 1 insider buy, and 0 selling transactions for $43,446 activity.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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