5,717 Shares in FedEx Freight Hldg Co $FDXF Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC bought a new position in FedEx Freight Hldg Co (NYSE:FDXF) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,717 shares of the company’s stock, valued at approximately $625,000.

A number of other institutional investors have also made changes to their positions in FDXF. CYBER HORNET ETFs LLC acquired a new stake in shares of FedEx Freight during the 2nd quarter valued at approximately $44,000. United Community Bank acquired a new position in FedEx Freight in the second quarter worth $46,000. Syntax Research Inc. acquired a new position in FedEx Freight in the second quarter worth $64,000. MCF Advisors LLC acquired a new position in FedEx Freight in the second quarter worth $65,000. Finally, Tompkins Financial Corp bought a new stake in FedEx Freight during the third quarter valued at $49,000.

FedEx Freight Price Performance

FedEx Freight stock opened at $115.62 on Friday. The business’s 50-day moving average price is $128.11. FedEx Freight Hldg Co has a one year low of $107.67 and a one year high of $194.27.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Citigroup began coverage on shares of FedEx Freight in a report on Wednesday, July 15th. They set an “outperform” rating on the stock. Stifel Nicolaus lowered their price objective on shares of FedEx Freight from $160.00 to $129.00 and set a “hold” rating for the company in a research report on Thursday. Citizens Jmp started coverage on shares of FedEx Freight in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $190.00 price objective for the company. Weiss Ratings downgraded FedEx Freight from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 22nd. Finally, Sanford C. Bernstein assumed coverage on FedEx Freight in a report on Thursday, September 10th. They set a “market perform” rating and a $133.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $160.00.

FedEx Freight Profile

FedEx Freight is a transportation and logistics company focused on less-than-truckload (LTL) shipping. It moves palletized and oversized freight that does not require a full truck, serving commercial, industrial and residential customers through scheduled pickup and delivery services.

The company offers time-sensitive and cost-conscious freight options, including FedEx Freight Priority and FedEx Freight Economy. Its services also include shipment tracking and visibility tools, freight pickup and delivery, cross-border transportation, and specialized solutions for shipments requiring additional handling or delivery coordination.

FedEx Freight primarily serves the United States, with transportation connections to Canada, Mexico and other international markets through the broader FedEx network.