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flag Investors boosted stakes in FedEx after it reported earnings above estimates and announced a dividend.

flag Hedge fund BHK Investment Advisors and other institutional investors increased their stakes in FedEx. flag The company reported earnings of $4.05 per share, beating estimates by $0.17, and announced a quarterly dividend of $1.38 per share. flag Analysts gave mixed ratings, with some raising price targets while others downgraded the stock. flag FedEx has a market cap of $60.92 billion and a dividend yield of 2.18%.

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