Valeo Financial Advisors LLC Acquires New Holdings in FedEx Freight Hldg Co $FDXF

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

Other hedge funds also recently made changes to their positions in the company. Birch Capital Management LLC purchased a new position in shares of FedEx Freight in the second quarter valued at $1,439,000. Maple Rock Capital Partners Inc. purchased a new stake in FedEx Freight during the 2nd quarter worth $68,207,000. State Street Corp purchased a new stake in FedEx Freight during the 2nd quarter worth $723,747,000. Kiltearn Partners LLP acquired a new position in FedEx Freight in the 2nd quarter worth $1,727,000. Finally, Engineers Gate Manager LP acquired a new position in FedEx Freight in the 2nd quarter worth $2,244,000.

FedEx Freight Stock Performance

NYSE FDXF opened at $115.62 on Friday. FedEx Freight Hldg Co has a 12 month low of $107.67 and a 12 month high of $194.27. The company’s fifty day moving average is $128.11.

Wall Street Analyst Weigh In

FDXF has been the subject of a number of analyst reports. Stifel Nicolaus decreased 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. BMO Capital Markets set a $130.00 price target on FedEx Freight in a research note on Wednesday. Jefferies Financial Group started coverage on FedEx Freight in a report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 price target for the company. Bank of America lowered their price objective on FedEx Freight from $157.00 to $140.00 and set a “buy” rating for the company in a research note on Tuesday, September 29th. Finally, Stephens began coverage on FedEx Freight in a report on Wednesday, July 8th. They set an “overweight” rating and a $180.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.