Minneapolis Portfolio Management Group Has Increased Fedex (FDX) Holding By $423,900; Profile of 22 Analysts Covering Synchrony Financial (SYF)

February 18, 2018 - By Hazel Jackson

Minneapolis Portfolio Management Group Llc increased Fedex Corp (FDX) stake by 1.3% reported in 2017Q3 SEC filing. Minneapolis Portfolio Management Group Llc acquired 1,884 shares as Fedex Corp (FDX)’s stock declined 2.24%. The Minneapolis Portfolio Management Group Llc holds 146,611 shares with $33.07M value, up from 144,727 last quarter. Fedex Corp now has $65.42 billion valuation. The stock decreased 0.34% or $0.84 during the last trading session, reaching $244.19. About 1.48M shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since February 18, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Among 29 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 0 Sell and 7 Hold. Therefore 76% are positive. Synchrony Financial had 69 analyst reports since July 20, 2015 according to SRatingsIntel. As per Tuesday, August 18, the company rating was downgraded by Zacks. Goldman Sachs upgraded the stock to “Conviction Buy” rating in Wednesday, January 13 report. As per Friday, October 6, the company rating was maintained by BMO Capital Markets. The company was initiated on Thursday, September 10 by Sterne Agee CRT. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Friday, October 20 by BMO Capital Markets. The company was maintained on Monday, July 17 by BTIG Research. The firm has “Buy” rating given on Wednesday, January 13 by DA Davidson. The firm earned “Buy” rating on Thursday, December 14 by BTIG Research. The stock has “Buy” rating by BMO Capital Markets on Thursday, January 4. The stock has “Overweight” rating by Barclays Capital on Monday, October 23. See Synchrony Financial (NYSE:SYF) latest ratings:

22/01/2018 Broker: BTIG Research Rating: Buy New Target: $44.0 Maintain
19/01/2018 Broker: Susquehanna Rating: Buy New Target: $45.0 Maintain
10/01/2018 Broker: Jefferies Rating: Buy New Target: $50.0 Maintain
09/01/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Old Target: $35 Upgrade
03/01/2018 Broker: Stephens Rating: Hold New Target: $42.0 Maintain
04/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $55.0 Maintain
28/12/2017 Broker: Susquehanna Rating: Buy New Target: $47.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $45.0 Maintain
18/12/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
14/12/2017 Broker: BTIG Research Rating: Buy New Target: $44.0 Maintain

Synchrony Financial operates as a consumer financial services firm in the United States. The company has market cap of $28.30 billion. The firm offers private label credit cards, dual cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards and installment loans. It has a 15.18 P/E ratio. It also provides promotional financing to clients for health and personal care procedures, products, or services, such as dental, veterinary, cosmetic, vision and audiology; debt cancellation products; and deposit products, including certificates of deposit, individual retirement, money market, and savings accounts, as well as accepts deposits through third-party securities brokerage firms.

The stock decreased 0.30% or $0.11 during the last trading session, reaching $36.73. About 4.41 million shares traded. Synchrony Financial (NYSE:SYF) has declined 10.35% since February 18, 2017 and is downtrending. It has underperformed by 27.05% the S&P500.

Since September 21, 2017, it had 1 insider purchase, and 6 insider sales for $22.29 million activity. The insider STEINER DAVID P sold 3,016 shares worth $802,405. $2.20 million worth of FedEx Corporation (NYSE:FDX) shares were sold by Colleran Donald F. BRONCZEK DAVID J sold $11.89 million worth of stock or 46,555 shares. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) shares. Maier Henry J sold 11,150 shares worth $2.55 million. Subramaniam Rajesh sold 6,750 shares worth $1.48M. DUCKER MICHAEL L sold $3.38M worth of stock or 14,964 shares.

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.06, from 1.01 in 2017Q2. It improved, as 49 investors sold FDX shares while 378 reduced holdings. 122 funds opened positions while 336 raised stakes. 199.84 million shares or 0.13% less from 200.09 million shares in 2017Q2 were reported. Evercore Wealth Mngmt Ltd Llc reported 2,663 shares. Mai Management holds 0.02% or 1,430 shares. Southeastern Asset Management Tn invested 10.63% in FedEx Corporation (NYSE:FDX). 7,358 were reported by Peak6 Investments L P. Virtus Investment Advisers Inc invested 0.15% in FedEx Corporation (NYSE:FDX). Peoples Finance has 1,000 shares. 16,987 are held by Farmers. Utah Retirement System holds 0.23% in FedEx Corporation (NYSE:FDX) or 45,424 shares. Kistler has 0.28% invested in FedEx Corporation (NYSE:FDX) for 3,010 shares. Williams Jones Limited Liability Com invested in 1% or 180,962 shares. Overbrook Management has invested 0.91% in FedEx Corporation (NYSE:FDX). Greenhaven Assoc stated it has 10.09% of its portfolio in FedEx Corporation (NYSE:FDX). Lombard Odier Asset Management (Switzerland) stated it has 0.15% of its portfolio in FedEx Corporation (NYSE:FDX). Beese Fulmer Invest Inc has invested 0.07% in FedEx Corporation (NYSE:FDX). 69,077 were reported by Raymond James Fincl Svcs Advsr.

Among 37 analysts covering FedEx (NYSE:FDX), 24 have Buy rating, 1 Sell and 12 Hold. Therefore 65% are positive. FedEx had 107 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 17 by UBS. The rating was upgraded by Susquehanna on Thursday, March 30 to “Positive”. The stock has “Buy” rating by Deutsche Bank on Wednesday, November 2. The firm earned “Buy” rating on Thursday, June 2 by Stifel Nicolaus. The rating was upgraded by UBS to “Buy” on Tuesday, January 9. The company was maintained on Thursday, October 12 by JP Morgan. The firm earned “Buy” rating on Wednesday, December 20 by Bank of America. Cowen & Co maintained FedEx Corporation (NYSE:FDX) rating on Monday, September 11. Cowen & Co has “Buy” rating and $240.0 target. Cowen & Co maintained the stock with “Outperform” rating in Thursday, March 23 report. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by KeyBanc Capital Markets on Tuesday, October 10.

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:


>