Segall Bryant & Hamill LLC Boosts Stake in FMC Corp (FMC)

Angelo Anderson
December 31, 2017

Hanseatic Management Services Inc. now owns 14,350 shares of the basic materials company's stock valued at $1,048,000 after purchasing an additional 1,688 shares in the last quarter. The institutional investor held 18,225 shares of the major chemicals company at the end of 2017Q3, valued at $1.63M, down from 34,250 at the end of the previous reported quarter.

FMC Corp (NYSE FMC) traded down $0.34 during mid-day trading on Friday, reaching $94.66. The company's stock had a trading volume of 646,234 shares, compared to its average volume of 985,887. It has outperformed by 45.87% the S&P500.

Several hedge funds have recently bought and sold shares of the company. Saba Capital Management Lp who had been investing in Barrett Bill Corp for a number of months, seems to be less bullish one the $554.86M market cap company. Bill Barrett Corporation (NYSE:BBG) has declined 43.01% since December 31, 2016 and is downtrending. It has outperformed by 17.85% the S&P500.

Since August 29, 2017, it had 0 insider buys, and 2 selling transactions for $1.22 million activity.

In related news, insider Nicholas Pfeiffer sold 375 shares of the business's stock in a transaction that occurred on Tuesday, December 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the stock. Therefore 59% are positive. Nationwide Fund stated it has 0.1% in FMC Corporation (NYSE:FMC). Citigroup maintained the stock with "Neutral" rating in Monday, November 13 report. On Monday, May 15 the stock rating was upgraded by Wells Fargo to "Outperform". Commerzbank Aktiengesellschaft Fi owns 0.01% invested in FMC Corporation (NYSE:FMC) for 12,449 shares. On Friday, September 15 the stock rating was maintained by Jefferies with "Buy". More interesting news about FMC Corporation (NYSE:FMC) were released by: Nasdaq.com and their article: "FMC Corp (FMC) Hits New 52-Week High: What's Driving It?" published on December 27, 2017 as well as Nasdaq.com's news article titled: "FMC Corp". As per Monday, December 4, the company rating was maintained by KeyBanc Capital Markets. The stock of FMC Corporation (NYSE:FMC) has "Outperform" rating given on Thursday, February 23 by RBC Capital Markets.


Analysts await FMC Corporation (NYSE:FMC) to report earnings on February, 5. The company reported $0.88 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.01. FMC's profit will be $135.60M for 23.43 P/E if the $1.01 EPS becomes a reality. During the same quarter in the previous year, the firm posted $0.67 EPS.

Wright Investors Service Inc, which manages about $1.36 billion and $274.83M US Long portfolio, upped its stake in Allstate Corp (NYSE:ALL) by 5,781 shares to 23,556 shares, valued at $2.17 million in 2017Q3, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 378,781 shares in the quarter, for a total of 3.61 million shares, and has risen its stake in Monsanto Co New (NYSE:MON).

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.18, from 0.91 in 2017Q2. Stockholders of record on Friday, December 29th will be issued a dividend of $0.165 per share. Ellington Mngmt Gp Ltd Limited Liability Company invested in 6,300 shares. Bank of Montreal Can increased its position in shares of FMC Corp by 13.6% in the third quarter. Invesco Ltd accumulated 319,390 shares. Visionary Asset Mgmt stated it has 2,379 shares or 0.06% of all its holdings. Nordea Invest Ab has invested 0% in FMC Corporation (NYSE:FMC). Energy Opportunities Cap Mgmt Ltd Llc reported 0.95% of its portfolio in FMC Corporation (NYSE:FMC). The Bowen Hanes & Co Inc holds 478,030 shares with $42.69M value, down from 484,390 last quarter. Nordea Investment Management AB now owns 8,042 shares of the basic materials company's stock valued at $718,000 after buying an additional 4,015 shares during the last quarter. Kbc Nv reported 26,723 shares stake. Fairpointe Capital Lc has 1.31M shares. Piper Jaffray Companies restated a "hold" rating and set a $85.00 price objective on shares of FMC in a research note on Tuesday, September 5th. Suvretta Management Lc, New York-based fund reported 2.58M shares. Homestreet Inc now has $778.30 million valuation. (NYSE:PF) shares were sold by Steeneck Craig D. (NYSE:PF) shares were sold by BARKLEY MICHAEL J. Blackrock holds 8.95 million shares. Carroll Financial Associates Inc owns 1,102 shares or 0.01% of their United States portfolio. Pinnacle Foods Inc had 32 analyst reports since October 19, 2015 according to SRatingsIntel. Jefferies maintained FMC Corporation (NYSE:FMC) on Monday, August 14 with "Buy" rating. BMO Capital Markets raised their target price on FMC from $80.00 to $90.00 and gave the company a "market perform" rating in a research report on Wednesday, November 8th. JP Morgan initiated Pinnacle Foods Inc. The ex-dividend date of this dividend is Thursday, December 28th. The firm has "Buy" rating by Bank of America given on Thursday, August 31.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER