Sigma Planning Boosted Its Holding in Fedex (FDX) as Stock Declined; Delta Air Lines Del (DAL) Holder Gideon Capital Advisors Trimmed Position as Market Value Declined

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Sigma Planning Corp increased its stake in Fedex Corp (FDX) by 16.42% based on its latest 2018Q3 regulatory filing with the SEC. Sigma Planning Corp bought 1,710 shares as the company’s stock declined 22.66% with the market. The institutional investor held 12,123 shares of the air freight and delivery services company at the end of 2018Q3, valued at $2.92M, up from 10,413 at the end of the previous reported quarter. Sigma Planning Corp who had been investing in Fedex Corp for a number of months, seems to be bullish on the $44.64 billion market cap company. The stock increased 0.51% or $0.87 during the last trading session, reaching $170.99. About 2.84 million shares traded or 14.75% up from the average. FedEx Corporation (NYSE:FDX) has declined 19.38% since January 12, 2018 and is downtrending. It has underperformed by 19.38% the S&P500. Some Historical FDX News: 20/03/2018 – Global News Toronto: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday; 20/03/2018 – FEDEX RESPONDS TO INCIDENTS IN TEXAS; 27/03/2018 – FedEx Acquires P2P Mailing Ltd. for GBP92 Million; 26/03/2018 – FEDEX CORP – FULLY-ELECTRIC TRUCKS, WHICH ARE SCHEDULED TO BEGIN PRODUCTION IN 2019, WILL BE OPERATED BY FEDEX FREIGHT, ITS LESS-THAN-TRUCKLOAD UNIT; 20/03/2018 – FEDEX CORP- CONFIRMED THAT A PACKAGE DETONATED AT A SAN ANTONIO FEDEX GROUND FACILITY EARLY THIS MORNING; 20/03/2018 – FEDEX CORP FDX.N – CONFIRMED THAT A PACKAGE DETONATED AT A SAN ANTONIO FEDEX GROUND FACILITY EARLY THIS MORNING; 20/03/2018 – FEDEX CONFIRMS 1 PACKAGE EXPLODED AT GROUND SORTATION FACILITY; 08/05/2018 – FEDEX CORP -TO RECOGNIZE ONE-TIME NON-CASH PENSION SETTLEMENT CHARGE, TO BE INCLUDED IN FY 2018 YEAR-END MARK-TO-MARKET PENSION ACCOUNTING ADJUSTMENTS; 21/03/2018 – FDX: #Breaking: Just told by FedEx employee – facility west of ABIA being evacuated for suspicious package call. @KVUE #AustinBombings – ! $FDX; 20/03/2018 – FEDEX SAYS ADDING 500 FEDEX OFFICE LOCATIONS INSIDE WALMART STORES WITHIN TWO YEARS

Gideon Capital Advisors Inc decreased its stake in Delta Air Lines Inc Del (DAL) by 76.52% based on its latest 2018Q3 regulatory filing with the SEC. Gideon Capital Advisors Inc sold 19,953 shares as the company’s stock declined 2.15% with the market. The hedge fund held 6,121 shares of the transportation company at the end of 2018Q3, valued at $354,000, down from 26,074 at the end of the previous reported quarter. Gideon Capital Advisors Inc who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $33.17B market cap company. The stock decreased 0.35% or $0.17 during the last trading session, reaching $48.56. About 6.58 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 5.45% since January 12, 2018 and is uptrending. It has outperformed by 5.45% the S&P500. Some Historical DAL News: 29/03/2018 – ABC7 News: Breaking: Large medical response to San Jose Airport for a Delta Airlines flight that just landed; 12/04/2018 – Delta earnings better than expected, despite rising costs; 17/05/2018 – $AVAV staffers allegedly transported live bombs on a commercial Delta Airlines $DAL flight in 2015; 16/04/2018 – S&PGR Rates Delta Air Lines Inc.’s Prpsd Sr Unsecd Notes ‘BB+’; 05/04/2018 – DELTA CAN’T SAY WHETHER CUSTOMER INFO ACCESSED, COMPROMISED; 18/04/2018 – FOX 5 Atlanta: EXCLUSIVE: Video from inside a Delta flight to London forced to turn back to Atlanta due to a fire. WATCH:; 13/03/2018 – DELTA AIR LINES INC DAL.N FY2018 SHR VIEW $6.36 — THOMSON REUTERS l/B/E/S; 12/04/2018 – Trade battle resolved, Delta expects to fly C Series jets by early 2019; 04/04/2018 – Delta Air says breach at tech firm may have exposed some customer data; 10/04/2018 – PRESS RELEASE – DELTA COMMUNITY SUPPORTS FAMILIES, FINANCIAL EDUCATION AND HEALTH & HUMAN SERVICES

Investors sentiment increased to 1.29 in Q3 2018. Its up 0.18, from 1.11 in 2018Q2. It is positive, as 42 investors sold FDX shares while 362 reduced holdings. 112 funds opened positions while 411 raised stakes. 183.43 million shares or 1.65% less from 186.50 million shares in 2018Q2 were reported. Visionary Asset Mngmt reported 1,267 shares or 0.1% of all its holdings. Bath Savings Trust Com accumulated 18,076 shares. Moreover, Tradewinds Cap Ltd Liability has 0.09% invested in FedEx Corporation (NYSE:FDX). Jane Street Group Ltd Liability holds 0.06% of its portfolio in FedEx Corporation (NYSE:FDX) for 124,477 shares. Martingale Asset Management LP stated it has 0.26% of its portfolio in FedEx Corporation (NYSE:FDX). Pensionfund Dsm Netherlands owns 13,000 shares for 0.55% of their portfolio. Haverford Finance Incorporated invested 1.92% of its portfolio in FedEx Corporation (NYSE:FDX). Regal Investment Advsr Ltd Liability Com has invested 0.11% in FedEx Corporation (NYSE:FDX). Charter owns 1,448 shares. Nomura Asset Mgmt Ltd invested 0.44% in FedEx Corporation (NYSE:FDX). Spf Beheer Bv invested in 2.84% or 319,332 shares. Jnba Advisors reported 50 shares. Chem Comml Bank reported 0.34% stake. 2,638 were accumulated by Van Eck Assoc. Bb&T Corporation holds 0.06% or 12,766 shares in its portfolio.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Today’s Pickup: Carriers Position Drivers Closer to Home – Benzinga” on December 19, 2018, also Benzinga.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Amazon Says It Delivered 1 Billion Holiday “Items” For Free Under Prime service – Benzinga” published on December 26, 2018, Benzinga.com published: “FedEx Corporation (NYSE:FDX) – Trucking Logistics Startup SmartHop Gets Capital to Modernize Traditional Dispatch Models – Benzinga” on December 31, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Investorplace.com and their article: “Trade of the Day: FedEx Stock Is So Bad It’s Good – Investorplace.com” published on December 20, 2018 as well as Benzinga.com‘s news article titled: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – When Dealing With Amazon, It Pays To Not Whistle Past The Graveyard – Benzinga” with publication date: January 11, 2019.

Sigma Planning Corp, which manages about $1.70B US Long portfolio, decreased its stake in Cisco Sys Inc (NASDAQ:CSCO) by 11,174 shares to 82,950 shares, valued at $4.04M in 2018Q3, according to the filing. It also reduced its holding in Spdr Dow Jones Indl Avrg Etf (DIA) by 27,520 shares in the quarter, leaving it with 18,146 shares, and cut its stake in Maxim Integrated Prods Inc (NASDAQ:MXIM).

Among 38 analysts covering FedEx (NYSE:FDX), 25 have Buy rating, 1 Sell and 12 Hold. Therefore 66% are positive. FedEx had 137 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, August 14 by Stifel Nicolaus. Credit Suisse maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, March 21. Credit Suisse has “Buy” rating and $306.0 target. Avondale maintained FedEx Corporation (NYSE:FDX) on Thursday, March 17 with “Market Outperform” rating. The firm has “Buy” rating given on Wednesday, November 2 by Deutsche Bank. The stock of FedEx Corporation (NYSE:FDX) has “Outperform” rating given on Monday, December 14 by Credit Suisse. The firm has “Buy” rating by Citigroup given on Wednesday, December 19. The firm has “Equal Weight” rating by Barclays Capital given on Monday, November 2. BMO Capital Markets maintained it with “Buy” rating and $245.0 target in Friday, October 27 report. Standpoint Research downgraded the stock to “Hold” rating in Thursday, March 17 report. Robert W. Baird maintained FedEx Corporation (NYSE:FDX) rating on Tuesday, September 18. Robert W. Baird has “Outperform” rating and $270 target.

Since September 19, 2018, it had 2 insider buys, and 1 sale for $1.08 million activity. Griffith Susan Patricia had bought 1,000 shares worth $225,156. Shares for $281,124 were sold by EDWARDSON JOHN A on Wednesday, September 19.

Gideon Capital Advisors Inc, which manages about $340.51M and $212.43 million US Long portfolio, upped its stake in Morgan Stanley (NYSE:MS) by 14,916 shares to 59,936 shares, valued at $2.79M in 2018Q3, according to the filing. It also increased its holding in Consolidated Edison Inc (NYSE:ED) by 8,349 shares in the quarter, for a total of 13,852 shares, and has risen its stake in Synopsys Inc (NASDAQ:SNPS).

Among 23 analysts covering Delta Air Lines (NYSE:DAL), 22 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Delta Air Lines had 96 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Monday, July 16 with “Overweight”. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Overweight” rating given on Friday, July 14 by Morgan Stanley. Cowen & Co maintained it with “Buy” rating and $6600 target in Monday, August 14 report. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 10. The rating was maintained by Cowen & Co on Friday, December 9 with “Outperform”. The rating was maintained by Morgan Stanley on Monday, November 13 with “Overweight”. Bank of America maintained it with “Buy” rating and $62 target in Wednesday, October 10 report. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) on Wednesday, July 5 with “Buy” rating. The rating was maintained by Morgan Stanley on Friday, April 20 with “Overweight”. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, April 12 report.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Seekingalpha.com which released: “Stocks To Watch: Action From Detroit and ICR – Seeking Alpha” on January 12, 2019, also Seekingalpha.com with their article: “Delta Air Lines: Weak Guidance Nonsense – Seeking Alpha” published on December 19, 2018, Benzinga.com published: “8 Biggest Price Target Changes For Wednesday – Benzinga” on January 09, 2019. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Seekingalpha.com and their article: “Delta Unhedged – Seeking Alpha” published on October 14, 2018 as well as Fool.com‘s news article titled: “Delta Orders More Airbus A220s – The Motley Fool” with publication date: January 12, 2019.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart