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flag Institutional investors boosted stakes in FedEx, which exceeded earnings estimates and plans a dividend.

flag Hedge fund BHK Investment Advisors and other institutional investors increased their stakes in FedEx. flag The company reported fourth-quarter earnings of $4.05 per share, beating estimates by $0.17. flag FedEx is expected to pay a quarterly dividend of $1.38 per share. flag Analysts have given mixed ratings, with some increasing price targets and others downgrading the stock. flag The company has a market cap of $60.92 billion and a dividend yield of 2.18%.

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