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Institutional investors boosted stakes in FedEx, which exceeded earnings estimates and plans a dividend.
Hedge fund BHK Investment Advisors and other institutional investors increased their stakes in FedEx.
The company reported fourth-quarter earnings of $4.05 per share, beating estimates by $0.17.
FedEx is expected to pay a quarterly dividend of $1.38 per share.
Analysts have given mixed ratings, with some increasing price targets and others downgrading the stock.
The company has a market cap of $60.92 billion and a dividend yield of 2.18%.
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Los inversores institucionales impulsaron las acciones en FedEx, que excedieron las estimaciones de ganancias y planean un dividendo.