Sfe Investment Counsel Has Boosted Stake in Fedex (FDX) by $651,882 as Stock Price Declined; Exxon Mobil (XOM) Position Lifted by Sta Wealth Management Llc

May 18, 2018 - By Vivian Currie

Exxon Mobil Corporation (NYSE:XOM) Logo

Sta Wealth Management Llc increased its stake in Exxon Mobil Corp (XOM) by 10.25% based on its latest 2017Q4 regulatory filing with the SEC. Sta Wealth Management Llc bought 4,721 shares as the company’s stock declined 12.23% with the market. The institutional investor held 50,758 shares of the integrated oil company at the end of 2017Q4, valued at $4.25M, up from 46,037 at the end of the previous reported quarter. Sta Wealth Management Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $345.65B market cap company. The stock decreased 0.29% or $0.2401 during the last trading session, reaching $81.6399. About 2.17 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 18, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.




Sfe Investment Counsel increased its stake in Fedex Corp (FDX) by 35.84% based on its latest 2017Q4 regulatory filing with the SEC. Sfe Investment Counsel bought 2,618 shares as the company’s stock declined 6.15% with the market. The institutional investor held 9,922 shares of the air freight and delivery services company at the end of 2017Q4, valued at $2.48 million, up from 7,304 at the end of the previous reported quarter. Sfe Investment Counsel who had been investing in Fedex Corp for a number of months, seems to be bullish on the $66.36B market cap company. The stock decreased 0.04% or $0.11 during the last trading session, reaching $248.35. About 205,441 shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 18, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Since January 2, 2018, it had 1 buy, and 4 sales for $45.54 million activity. 124,000 shares were sold by SMITH FREDERICK W, worth $31.74 million on Wednesday, April 18. BRONCZEK DAVID J also sold $11.89 million worth of FedEx Corporation (NYSE:FDX) shares. Shares for $19,837 were bought by SCHWAB SUSAN C on Tuesday, February 6. $802,405 worth of FedEx Corporation (NYSE:FDX) was sold by STEINER DAVID P on Friday, January 5.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Seekingalpha.com which released: “Investors size up UPS and FedEx” on April 27, 2018, also Seekingalpha.com with their article: “USPS returns to losing ways” published on May 11, 2018, Benzinga.com published: “Despite An Earnings Beat, Shares Of FedEx Are Continuing To Look Weak In The Near Term” on May 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “An Investment Overview On Alliance Data Systems” published on May 17, 2018 as well as Finance.Yahoo.com‘s news article titled: “FedEx Corporation Has Amazon Derangement Syndrome” with publication date: May 04, 2018.

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. Cowen & Co maintained FedEx Corporation (NYSE:FDX) rating on Friday, July 7. Cowen & Co has “Buy” rating and $24000 target. The firm earned “Market Perform” rating on Wednesday, September 2 by Wood. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, February 22 report. The firm has “Equal Weight” rating by Barclays Capital given on Monday, November 2. KeyBanc Capital Markets maintained the shares of FDX in report on Wednesday, December 20 with “Buy” rating. The firm has “Outperform” rating given on Thursday, September 17 by Cowen & Co. Raymond James maintained the shares of FDX in report on Friday, March 24 with “Outperform” rating. Stephens maintained the stock with “Buy” rating in Wednesday, March 21 report. The company was maintained on Friday, August 14 by Citigroup. The rating was maintained by Wells Fargo with “Outperform” on Thursday, September 21.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It improved, 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. Oxbow Advsr Limited Liability Company invested 0.43% of its portfolio in FedEx Corporation (NYSE:FDX). 7,822 were accumulated by First Allied Advisory Services. Rampart Inv Limited holds 0.29% or 3,023 shares. Cullinan Assoc holds 0.26% in FedEx Corporation (NYSE:FDX) or 14,215 shares. Peregrine Asset Advisers reported 953 shares or 0.12% of all its holdings. Stonehearth Management Limited Liability Company has 100 shares. Parallax Volatility Advisers Limited Partnership owns 5,760 shares or 0% of their US portfolio. Litman Gregory Asset Mgmt Limited Liability Company accumulated 0.1% or 1,300 shares. Sei Investments owns 0.48% invested in FedEx Corporation (NYSE:FDX) for 549,206 shares. Cap Int Limited Ca reported 0.16% stake. Liberty Mutual Group Asset Mgmt stated it has 0.07% in FedEx Corporation (NYSE:FDX). Highbridge Capital Management Limited Liability Company owns 81,100 shares for 0.36% of their portfolio. Cabot owns 1,500 shares. California-based Tcw Group Inc has invested 0.16% in FedEx Corporation (NYSE:FDX). Redmond Asset Mgmt Limited Liability Corporation owns 12,318 shares.

Sfe Investment Counsel, which manages about $321.20 million and $247.65 million US Long portfolio, decreased its stake in Abbvie Inc (NYSE:ABBV) by 5,131 shares to 76,035 shares, valued at $7.35M in 2017Q4, according to the filing. It also reduced its holding in Computer Programs & Sys Inc (NASDAQ:CPSI) by 20,563 shares in the quarter, leaving it with 37,489 shares, and cut its stake in Chicago Bridge & Iron Co N V (NYSE:CBI).

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It turned negative, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. 372,893 are owned by Cannell Peter B. First Bank holds 0.57% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 40,991 shares. Gould Asset Ltd Llc Ca invested 0.45% in Exxon Mobil Corporation (NYSE:XOM). Nadler Fincl Grp Inc has 0.37% invested in Exxon Mobil Corporation (NYSE:XOM) for 14,513 shares. Mitchell Sinkler & Starr Pa stated it has 3.69% in Exxon Mobil Corporation (NYSE:XOM). Spinnaker Trust stated it has 80,007 shares or 0.78% of all its holdings. Kornitzer Capital Ks, Kansas-based fund reported 677,918 shares. Moreover, John G Ullman And Associates has 5.47% invested in Exxon Mobil Corporation (NYSE:XOM). Arete Wealth Advsrs Ltd Liability Co owns 19,582 shares. Northcoast Asset Mngmt Limited Liability Corporation stated it has 0.24% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Biltmore Wealth Limited Liability holds 3,036 shares or 0.23% of its portfolio. Greatmark Investment Prtnrs Inc holds 0.65% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 21,525 shares. Torch Wealth Mngmt Limited Liability Company has invested 1.91% in Exxon Mobil Corporation (NYSE:XOM). Sfe Counsel reported 0.17% stake. Mogy Joel R Investment Counsel accumulated 1.18% or 90,347 shares.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Monday, October 31 to “Neutral”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Thursday, March 8 by Bank of America. The rating was initiated by Macquarie Research on Wednesday, September 23 with “Underperform”. Jefferies maintained the stock with “Hold” rating in Monday, February 5 report. Jefferies maintained the shares of XOM in report on Friday, June 23 with “Hold” rating. Barclays Capital upgraded it to “Equal-Weight” rating and $85 target in Monday, October 12 report. The firm earned “Hold” rating on Tuesday, October 3 by Jefferies. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Sector Outperform” rating given on Monday, June 5 by Howard Weil. Citigroup maintained the stock with “Neutral” rating in Friday, July 21 report. TD Securities maintained the stock with “Hold” rating in Thursday, August 6 report.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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