Fintel reports that on December 20, 2024, Loop Capital upgraded their outlook for FedEx (WBAG:FDX) from Hold to Buy.
What is the Fund Sentiment?
There are 2,652 funds or institutions reporting positions in FedEx. This is an decrease of 51 owner(s) or 1.89% in the last quarter. Average portfolio weight of all funds dedicated to FDX is 0.39%, an increase of 9.79%. Total shares owned by institutions decreased in the last three months by 0.63% to 228,154K shares.
What are Other Shareholders Doing?
Dodge & Cox holds 13,155K shares representing 5.38% ownership of the company. In its prior filing, the firm reported owning 13,395K shares , representing a decrease of 1.82%. The firm decreased its portfolio allocation in FDX by 15.53% over the last quarter.
Primecap Management holds 12,709K shares representing 5.20% ownership of the company. In its prior filing, the firm reported owning 12,789K shares , representing a decrease of 0.63%. The firm decreased its portfolio allocation in FDX by 7.88% over the last quarter.
Capital International Investors holds 9,870K shares representing 4.04% ownership of the company. In its prior filing, the firm reported owning 9,780K shares , representing an increase of 0.91%. The firm decreased its portfolio allocation in FDX by 14.14% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 8,765K shares representing 3.59% ownership of the company. In its prior filing, the firm reported owning 8,956K shares , representing a decrease of 2.19%. The firm decreased its portfolio allocation in FDX by 15.77% over the last quarter.
VPMCX - Vanguard PRIMECAP Fund Investor Shares holds 8,522K shares representing 3.49% ownership of the company. No change in the last quarter.
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