Silverleafe Capital Partners LLC Acquires 34,627 Shares of FedEx Freight Hldg Co $FDXF

Silverleafe Capital Partners LLC acquired a new position in shares of FedEx Freight Hldg Co (NYSE:FDXF – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 34,627 shares of the company’s stock, valued at approximately $3,788,000. FedEx Freight comprises about 1.1% of Silverleafe Capital Partners LLC’s portfolio, making the stock its 21st biggest holding.

Other institutional investors have also recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new stake in shares of FedEx Freight in the second quarter valued at about $44,000. United Community Bank purchased a new position in FedEx Freight during the second quarter worth about $46,000. Syntax Research Inc. bought a new stake in FedEx Freight in the 2nd quarter worth about $64,000. MCF Advisors LLC bought a new stake in FedEx Freight in the 2nd quarter worth about $65,000. Finally, Coastline Trust Co purchased a new stake in FedEx Freight in the 3rd quarter valued at about $54,000.

FedEx Freight Stock Performance

FDXF traded up $2.12 during trading on Friday, hitting $112.79. 1,553,828 shares of the company traded hands, compared to its average volume of 1,685,863. FedEx Freight Hldg Co has a one year low of $107.67 and a one year high of $194.27. The firm’s fifty day moving average price is $132.13.

Analyst Ratings Changes

Several equities analysts have commented on FDXF shares. Citizens Jmp assumed coverage on shares of FedEx Freight in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $190.00 target price on the stock. Wolfe Research initiated coverage on FedEx Freight in a report on Thursday, June 4th. They issued an “outperform” rating and a $180.00 target price for the company. Bank of America decreased their price target on FedEx Freight from $157.00 to $140.00 and set a “buy” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. initiated coverage on FedEx Freight in a report on Tuesday, September 8th. They set an “overweight” rating and a $160.00 price target on the stock. Finally, Jefferies Financial Group began coverage on FedEx Freight in a research report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, FedEx Freight has an average rating of “Moderate Buy” and an average target price of $168.92.

Check Out Our Latest Stock Report on FedEx Freight

FedEx Freight Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for FedEx Freight (NYSE:FDXF)

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