/Birch Hill Investment Advisors Raised Its Position in Fedex (FDX) as Stock Value Declined; Premier Asset Managment Upped Position in International Business Machs (IBM) by $596,075 (via Qpute.com)
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Birch Hill Investment Advisors Raised Its Position in Fedex (FDX) as Stock Value Declined; Premier Asset Managment Upped Position in International Business Machs (IBM) by $596,075 (via Qpute.com)


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Premier Asset Managment Llc increased its stake in International Business Machs (IBM) by 93.69% based on its latest 2018Q4 regulatory filing with the SEC. Premier Asset Managment Llc bought 5,275 shares as the company’s stock rose 12.54% with the market. The institutional investor held 10,905 shares of the computer manufacturing company at the end of 2018Q4, valued at $1.24M, up from 5,630 at the end of the previous reported quarter. Premier Asset Managment Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $119.09B market cap company. The stock decreased 1.15% or $1.56 during the last trading session, reaching $134.32. About 2.62 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 18, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 17/04/2018 – FORTINET INC – COLLABORATED WITH IBM ON NEW IBM X-FORCE THREAT MANAGEMENT SERVICES; 08/03/2018 – IBM CEO GINNI ROMETTY SPEAKS ON INVESTOR WEBCAST; 17/04/2018 – Mainframe computers should help IBM extend the growth streak; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 08/05/2018 – CryptoCoin: ANZ & IBM Develop Blockchain Insurance Solution; 06/03/2018 – PacketFabric Offers Connectivity to IBM Cloud; 23/05/2018 – ♫ Reuters Insider – Macron tells tech CEOs to give more to society; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 04/04/2018 – Anaqua’s 2018 User Conference to Feature Speakers from adidas, IBM, BASF; 18/04/2018 – With Wednesday’s dip, IBM is down 13 percent on the 12-month period

Birch Hill Investment Advisors Llc increased its stake in Fedex Corp (FDX) by 17.44% based on its latest 2018Q4 regulatory filing with the SEC. Birch Hill Investment Advisors Llc bought 2,992 shares as the company’s stock declined 21.87% while stock markets rallied. The institutional investor held 20,149 shares of the air freight and delivery services company at the end of 2018Q4, valued at $3.25M, up from 17,157 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in Fedex Corp for a number of months, seems to be bullish on the $44.28 billion market cap company. The stock decreased 3.33% or $5.85 during the last trading session, reaching $169.92. About 2.05M shares traded or 5.24% up from the average. FedEx Corporation (NYSE:FDX) has declined 25.67% since May 18, 2018 and is downtrending. It has underperformed by 30.04% the S&P500. Some Historical FDX News: 20/03/2018 – FedEx to Place FedEx Office Locations in Walmart Stores Over Next Two Years; 12/03/2018 – FedEx: Tricia Griffith, Progressive CEO, Joins FedEx Corp Bd of Directors; 16/05/2018 – Express Delivery Market in Brazil to Reach $7.68 Billion by 2022 – Key Players are Correios, DHL Group, FedEx, Nippon Express, and UPS – ResearchAndMarkets.com; 08/05/2018 – FEDEX CORP – BY TRANSFERRING THE OBLIGATIONS TO METROPOLITAN LIFE, FEDEX WILL REDUCE ITS U.S. PENSION PLAN LIABILITIES BY APPROXIMATELY $6 BLN; 09/05/2018 – FedEx Will Test Using Drones to Deliver Parts at Memphis Airport; 20/03/2018 – FEDEX CORP QTRLY FREIGHT SEGMENT GAAP REV $1.69 BLN VS $1.49 BLN REPORTED LAST YEAR; 20/03/2018 – BNO News: BREAKING: A package which was found at a FedEx facility in southeast Austin contains a bomb, U.S. Congressman; 09/04/2018 – FedEx Office Brings Same-Day Delivery Service to Oregon; 15/03/2018 – DHL Steps Back Into U.S. Package Delivery in Challenge to UPS, FedEx; 21/03/2018 – Texas bombing suspect blows himself up as police close in- officials

Investors sentiment decreased to 0.87 in 2018 Q4. Its down 0.42, from 1.29 in 2018Q3. It dropped, as 128 investors sold FDX shares while 396 reduced holdings. 111 funds opened positions while 344 raised stakes. 193.20 million shares or 5.33% more from 183.43 million shares in 2018Q3 were reported. 2,750 were reported by Loews Corporation. Minneapolis Portfolio Mngmt Grp Incorporated reported 239,240 shares. Palladium Prns Lc reported 0.47% stake. 35,254 are owned by 1832 Asset Lp. Lincoln Natl holds 0.02% in FedEx Corporation (NYSE:FDX) or 2,677 shares. Stifel holds 294,117 shares or 0.15% of its portfolio. Baystate Wealth Ltd Llc stated it has 0% of its portfolio in FedEx Corporation (NYSE:FDX). Huntington National Bank reported 107,894 shares. Motley Fool Asset Mgmt Limited Liability Co invested in 3,688 shares. Regent Management Lc reported 1.1% in FedEx Corporation (NYSE:FDX). Dearborn Prtn Limited Liability Corporation has 1,342 shares for 0.02% of their portfolio. Badgley Phelps Bell Inc owns 48,119 shares for 0.56% of their portfolio. First Dallas Securities Inc has invested 0.77% in FedEx Corporation (NYSE:FDX). Diversified Tru invested 0.57% in FedEx Corporation (NYSE:FDX). Qs Investors Limited Com accumulated 4,996 shares or 0.01% of the stock.

Since January 2, 2019, it had 1 buy, and 1 insider sale for $721,286 activity. MERINO JOHN L sold $419,160 worth of stock or 2,300 shares.

Birch Hill Investment Advisors Llc, which manages about $1.24B and $1.15B US Long portfolio, decreased its stake in Wabtec Corp (NYSE:WAB) by 6,117 shares to 248,868 shares, valued at $17.48M in 2018Q4, according to the filing. It also reduced its holding in Zimmer Biomet Hldgs Inc (ZMH) by 4,909 shares in the quarter, leaving it with 292,203 shares, and cut its stake in Marsh & Mclennan Cos Inc (NYSE:MMC).

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “Morgan Stanley Sees 80% Chance FedEx (NYSE:FDX) Trades Lower After Q4 Print – Benzinga” on May 17, 2019, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Amazon, Aurora Cannabis, Cleveland-Cliffs, FedEx, Ferrari, Grubhub, Hexo, Proofpoint, Shutterfly, Starbucks and More – 24/7 Wall St.” published on April 26, 2019, Benzinga.com published: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Amazon Looks To Make Employees A Driver Offer They Can’t Refuse – Benzinga” on May 13, 2019. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Benzinga.com and their article: “United Parcel Service, Inc. (NYSE:UPS), FedEx Corporation (NYSE:FDX) – UPS Waives Shipping Fees, Offers Discounts To Woo More Small Business – Benzinga” published on April 30, 2019 as well as Benzinga.com‘s news article titled: “United Parcel Service, Inc. (NYSE:UPS), FedEx Corporation (NYSE:FDX) – Cannabis Market A Huge Opportunity For Transportation And Logistics Industry – Benzinga” with publication date: May 15, 2019.

Premier Asset Managment Llc, which manages about $372.52 million US Long portfolio, decreased its stake in Schwab Strategic Tr (SCHE) by 90,510 shares to 248,390 shares, valued at $5.85M in 2018Q4, according to the filing. It also reduced its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 94,580 shares in the quarter, leaving it with 24,045 shares, and cut its stake in Coca Cola Co (NYSE:KO).

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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