4,708 Shares in FedEx Freight Hldg Co $FDXF Bought by Cohen Capital Management Inc.

Cohen Capital Management Inc. bought a new stake 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 4,708 shares of the company’s stock, valued at approximately $515,000.

Several other institutional investors have also recently added to or reduced their stakes in FDXF. CoreCap Advisors LLC acquired a new stake in shares of FedEx Freight during the third quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new position in shares of FedEx Freight in the second quarter valued at approximately $44,000. United Community Bank acquired a new position in shares of FedEx Freight in the second quarter valued at approximately $46,000. Syntax Research Inc. acquired a new position in shares of FedEx Freight in the second quarter valued at approximately $64,000. Finally, MCF Advisors LLC purchased a new stake in FedEx Freight during the 2nd quarter worth approximately $65,000.

FedEx Freight Trading Down 2.5%

Shares of FDXF opened at $110.28 on Wednesday. FedEx Freight Hldg Co has a twelve month low of $107.67 and a twelve month high of $194.27. The firm has a fifty day moving average price of $126.93.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Citigroup initiated coverage on shares of FedEx Freight in a research note on Wednesday, July 15th. They issued an “outperform” rating for the company. Sanford C. Bernstein started coverage on FedEx Freight in a research report on Thursday, September 10th. They set a “market perform” rating and a $133.00 price objective on the stock. BMO Capital Markets set a $130.00 price objective on FedEx Freight in a research note on Wednesday, October 7th. Stephens assumed coverage on FedEx Freight in a report on Wednesday, July 8th. They issued an “overweight” rating and a $180.00 target price for the company. Finally, Weiss Ratings lowered FedEx Freight from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, FedEx Freight presently has an average rating of “Moderate Buy” and a consensus target price of $160.00.

FedEx Freight Company 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.