As National Fuel Gas Co N J Com (NFG) Valuation Rose, Shareholder Jolley Asset Management Cut Its Position by $3.01 Million; As Fedex (FDX) Stock Value Declined, Norinchukin Bank The Boosted by $690,000 Its Holding

June 17, 2018 - By Clifton Ray

FedEx Corporation (NYSE:FDX) Logo

Norinchukin Bank The increased its stake in Fedex Corp (FDX) by 8.92% based on its latest 2018Q1 regulatory filing with the SEC. Norinchukin Bank The bought 2,875 shares as the company’s stock declined 1.18% with the market. The institutional investor held 35,105 shares of the air freight and delivery services company at the end of 2018Q1, valued at $8.43 million, up from 32,230 at the end of the previous reported quarter. Norinchukin Bank The who had been investing in Fedex Corp for a number of months, seems to be bullish on the $70.69B market cap company. The stock increased 0.41% or $1.08 during the last trading session, reaching $264.56. About 1.36M shares traded. FedEx Corporation (NYSE:FDX) has risen 29.10% since June 17, 2017 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical FDX News: 20/03/2018 – WFAA: Bomb found at FedEx near airport linked to Austin explosions; 20/03/2018 – FedEx Raises Profit Outlook on Tax Gains, Holiday Shipping Boost; 20/03/2018 – Global National: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday morning,; 20/03/2018 – FDX SEES INTEGRATION OF FEDEX/TNT SALES FORCES YR EARLY IN 2019; 08/05/2018 – FEDEX TO BUY $6B GROUP ANNUITY CONTRACT FROM METROPOLITAN LIFE; 14/05/2018 – FedEx’s Smith Sees Blockchain as `Next Frontier’ for Logistics; 27/03/2018 – FedEx Expanding E-Commerce Capabilities With Acquisition Of P2P; 20/03/2018 – Global Calgary: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday morning,; 20/03/2018 – FedEx 3Q EPS $7.59, Not $2.07; 14/03/2018 – Rep. Kustoff: Rep. Kustoff Applauds FedEx’s $1 Billion Investment in Memphis Hub

Jolley Asset Management Llc decreased its stake in National Fuel Gas Co N J Com (NFG) by 97.2% based on its latest 2018Q1 regulatory filing with the SEC. Jolley Asset Management Llc sold 58,931 shares as the company’s stock rose 0.37% while stock markets declined. The institutional investor held 1,700 shares of the oil and gas transmission company at the end of 2018Q1, valued at $87,000, down from 60,631 at the end of the previous reported quarter. Jolley Asset Management Llc who had been investing in National Fuel Gas Co N J Com for a number of months, seems to be less bullish one the $4.53B market cap company. The stock decreased 0.40% or $0.21 during the last trading session, reaching $52.67. About 1.02M shares traded or 139.26% up from the average. National Fuel Gas Company (NYSE:NFG) has declined 11.82% since June 17, 2017 and is downtrending. It has underperformed by 24.39% the S&P500. Some Historical NFG News: 03/05/2018 – National Fuel Gas 2Q Rev $339.4M; 16/03/2018 – National Fuel May Benefit, Industry Posts 5th Consecutive Gain; 10/04/2018 – National Fuel Closes Above 50-Day Moving Average: Technicals; 17/04/2018 – National Fuel May Benefit, Industry Posts 6th Straight Gain; 08/03/2018 National Fuel Declares Quarterly Dividend and Reports Preliminary Voting Results from Annual Meeting of Stockholders; 03/05/2018 – NATIONAL FUEL GAS CO NFG.N FY2018 SHR VIEW $3.28 — THOMSON REUTERS l/B/E/S; 03/05/2018 – National Fuel Gas 2Q Net $91.8M; 03/05/2018 – NATIONAL FUEL 2Q OPER REV. $540.9M, EST. $575.5M (2 EST.); 03/05/2018 – NATIONAL FUEL GAS CO – CAPITAL EXPENDITURE GUIDANCE WAS REVISED TO A RANGE OF $610 MLN TO $680 MLN; 03/05/2018 – NATIONAL FUEL GAS CO – SEES EXPLORATION & PRODUCTION SEGMENT TOTAL PRODUCTION FOR 2018 175 TO 190 BCFE

Jolley Asset Management Llc, which manages about $208.23 million and $165.14M US Long portfolio, upped its stake in United Parcel Service Inc Cl B (NYSE:UPS) by 6,195 shares to 44,024 shares, valued at $4.61 million in 2018Q1, according to the filing. It also increased its holding in Berkshire Hathaway Inc Del Cl B New (BRKB) by 2,140 shares in the quarter, for a total of 24,038 shares, and has risen its stake in Schlumberger Ltd Com (NYSE:SLB).

Analysts await National Fuel Gas Company (NYSE:NFG) to report earnings on August, 2. They expect $0.66 earnings per share, down 4.35% or $0.03 from last year’s $0.69 per share. NFG’s profit will be $56.71 million for 19.95 P/E if the $0.66 EPS becomes a reality. After $1.11 actual earnings per share reported by National Fuel Gas Company for the previous quarter, Wall Street now forecasts -40.54% negative EPS growth.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.11, from 1.15 in 2017Q4. It turned negative, as 37 investors sold NFG shares while 88 reduced holdings. 38 funds opened positions while 92 raised stakes. 59.15 million shares or 0.78% less from 59.62 million shares in 2017Q4 were reported. Commonwealth Of Pennsylvania Public School Empls Retrmt System reported 23,134 shares. Nordea Invest Mngmt has invested 0.01% in National Fuel Gas Company (NYSE:NFG). Salem Cap Management holds 0.31% or 11,050 shares in its portfolio. Citigroup Inc has invested 0% of its portfolio in National Fuel Gas Company (NYSE:NFG). Citadel Advsrs Lc owns 61,471 shares for 0% of their portfolio. Tci Wealth holds 62 shares. Howe & Rusling owns 4,812 shares. Commerce National Bank & Trust invested in 4,625 shares. Systematic Financial Mgmt Ltd Partnership stated it has 27,185 shares. Columbia Asset stated it has 0.22% of its portfolio in National Fuel Gas Company (NYSE:NFG). 376,502 are held by Principal Financial Grp Inc Inc. Mutual Of America Cap Ltd Company invested in 70,433 shares. Eaton Vance Mgmt invested 0% of its portfolio in National Fuel Gas Company (NYSE:NFG). Sei Investments invested 0.03% in National Fuel Gas Company (NYSE:NFG). Solaris Asset Mngmt Ltd Liability Corp accumulated 1.22% or 3,600 shares.

Another recent and important National Fuel Gas Company (NYSE:NFG) news was published by Globenewswire.com which published an article titled: “National Fuel Increases Dividend Rate for 48th Consecutive Year” on June 14, 2018.

Among 5 analysts covering National Fuel Gas Co. (NYSE:NFG), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. National Fuel Gas Co. had 17 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, April 18. The stock of National Fuel Gas Company (NYSE:NFG) has “Hold” rating given on Wednesday, April 19 by Jefferies. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, August 10. On Tuesday, January 2 the stock rating was upgraded by Sidoti to “Buy”. As per Thursday, August 31, the company rating was maintained by Jefferies. Jefferies upgraded National Fuel Gas Company (NYSE:NFG) on Monday, February 5 to “Buy” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, December 20 report. The stock of National Fuel Gas Company (NYSE:NFG) earned “Hold” rating by Sidoti on Thursday, October 12. Jefferies downgraded the stock to “Hold” rating in Wednesday, April 25 report. Jefferies upgraded National Fuel Gas Company (NYSE:NFG) on Thursday, October 13 to “Buy” rating.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 119 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 20 by Oppenheimer. Raymond James maintained FedEx Corporation (NYSE:FDX) on Friday, March 24 with “Outperform” rating. UBS maintained the stock with “Buy” rating in Wednesday, June 21 report. The company was maintained on Thursday, March 23 by Cowen & Co. The firm earned “Overweight” rating on Wednesday, May 4 by Barclays Capital. On Wednesday, January 20 the stock rating was upgraded by Standpoint Research to “Buy”. The rating was maintained by Wells Fargo on Thursday, September 21 with “Outperform”. The company was maintained on Friday, June 3 by UBS. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, December 20. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Oppenheimer on Wednesday, June 14.

Norinchukin Bank The, which manages about $5.98B US Long portfolio, decreased its stake in Autodesk Inc (NASDAQ:ADSK) by 2,410 shares to 20,182 shares, valued at $2.53M in 2018Q1, according to the filing. It also reduced its holding in Harley Davidson Inc (NYSE:HOG) by 11,026 shares in the quarter, leaving it with 15,431 shares, and cut its stake in Cbs Corp New (NYSE:CBS).

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.21, from 1.21 in 2017Q4. It fall, as 58 investors sold FDX shares while 414 reduced holdings. 113 funds opened positions while 359 raised stakes. 192.41 million shares or 0.69% less from 193.75 million shares in 2017Q4 were reported. Mount Vernon Md reported 950 shares stake. Massmutual Tru Co Fsb Adv holds 0% or 177 shares. Hsbc Hldgs Public Limited Company stated it has 357,569 shares or 0.13% of all its holdings. Hbk Ltd Partnership stated it has 0.02% of its portfolio in FedEx Corporation (NYSE:FDX). Axa accumulated 77,380 shares. Columbia Asset Mgmt reported 6,302 shares. Reilly Financial Advisors Ltd Liability Corporation has invested 0.02% in FedEx Corporation (NYSE:FDX). Bankshares Of Hawaii holds 0.02% or 1,030 shares. Fulton Bancshares Na holds 0.1% of its portfolio in FedEx Corporation (NYSE:FDX) for 5,742 shares. Fairfield Bush And owns 0.71% invested in FedEx Corporation (NYSE:FDX) for 10,205 shares. C M Bidwell & Assoc Limited has 100 shares for 0.02% of their portfolio. Klingenstein Fields & Co Limited has 1.79% invested in FedEx Corporation (NYSE:FDX) for 194,692 shares. Regentatlantic Llc holds 0.44% or 21,876 shares in its portfolio. Garrison Financial Corporation owns 8,883 shares. Nordea Mgmt Ab owns 255,670 shares or 0.15% of their US portfolio.

National Fuel Gas Company (NYSE:NFG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>