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FedEx's strong earnings and dividend boost drew increased investment from BHK and others.
Hedge fund BHK Investment Advisors and other institutional investors increased their stakes in FedEx.
FedEx reported earnings of $4.05 per share, beating estimates by $0.17, and announced a quarterly dividend of $1.38 per share.
The company has a market cap of $60.92 billion and a PE ratio of 16.12.
Analysts gave mixed ratings, with some raising price targets while others downgraded the company.
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El fuerte incremento de ganancias y dividendos de FedEx atrajo una mayor inversión de BHK y otros.