LegacyTexas Financial Group, Inc. (LTXB) Forms $42.57 Double Top; Glenview Capital Management Has Lifted By $100.00 Million Its Fedex (FDX) Holding

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LegacyTexas Financial Group, Inc. (LTXB) formed double top with $45.55 target or 7.00% above today’s $42.57 share price. LegacyTexas Financial Group, Inc. (LTXB) has $1.90B valuation. The stock decreased 1.41% or $0.61 during the last trading session, reaching $42.57. About 122,510 shares traded. LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) has risen 9.64% since April 16, 2017 and is uptrending. It has underperformed by 1.91% the S&P500.

Glenview Capital Management Llc increased Fedex Corp (FDX) stake by 314.93% reported in 2017Q4 SEC filing. Glenview Capital Management Llc acquired 401,606 shares as Fedex Corp (FDX)’s stock declined 6.15%. The Glenview Capital Management Llc holds 529,127 shares with $132.04 million value, up from 127,521 last quarter. Fedex Corp now has $65.33B valuation. The stock increased 1.07% or $2.58 during the last trading session, reaching $244.49. About 1.65 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since April 16, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Analysts await LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) to report earnings on April, 17. They expect $0.72 EPS, up 94.59% or $0.35 from last year’s $0.37 per share. LTXB’s profit will be $32.10M for 14.78 P/E if the $0.72 EPS becomes a reality. After $0.60 actual EPS reported by LegacyTexas Financial Group, Inc. for the previous quarter, Wall Street now forecasts 20.00% EPS growth.

Among 11 analysts covering LegacyTexas Group (NASDAQ:LTXB), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. LegacyTexas Group had 30 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating by Raymond James given on Wednesday, April 20. The company was maintained on Thursday, January 25 by Sandler O’Neill. The company was maintained on Wednesday, July 19 by Stephens. The stock has “Overweight” rating by Stephens on Thursday, April 21. The firm earned “Buy” rating on Tuesday, November 28 by SunTrust. FBR Capital maintained LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) rating on Thursday, July 23. FBR Capital has “Mkt Perform” rating and $33 target. Piper Jaffray maintained LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) rating on Tuesday, July 11. Piper Jaffray has “Buy” rating and $4200 target. Keefe Bruyette & Woods maintained LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $43.0 target. The rating was maintained by Piper Jaffray on Tuesday, March 13 with “Buy”. The firm has “Hold” rating by Hovde Group given on Thursday, January 25.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 116 analyst reports since August 14, 2015 according to SRatingsIntel. Wood maintained it with “Market Perform” rating and $15.50 target in Wednesday, September 2 report. On Thursday, March 17 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Wednesday, May 4, the company rating was upgraded by Barclays Capital. Bernstein maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, December 20. Bernstein has “Hold” rating and $236.0 target. The firm earned “Buy” rating on Wednesday, December 20 by Credit Suisse. The firm has “Neutral” rating given on Thursday, March 17 by Nomura. The firm earned “Buy” rating on Friday, October 20 by Oppenheimer. Avondale maintained the shares of FDX in report on Thursday, March 17 with “Market Outperform” rating. The firm has “Buy” rating given on Wednesday, June 21 by UBS. The stock of FedEx Corporation (NYSE:FDX) earned “Outperform” rating by Raymond James on Friday, March 24.

Glenview Capital Management Llc decreased Hca Healthcare Inc (NYSE:HCA) stake by 2.80M shares to 12.35 million valued at $1.08B in 2017Q4. It also reduced Monsanto Co New (NYSE:MON) stake by 30,615 shares and now owns 325,149 shares. Tailored Brands Inc was reduced too.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart