F M C Corp (FMC) Shareholder Petrus Trust Company Lta Cut Its Stake by $5.63 Million as Market Valuation Rose

December 8, 2017 - By Max Morgan

Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.39, from 1.3 in 2017Q1. It is negative, as 60 investors sold FMC shares while 163 reduced holdings. 77 funds opened positions while 125 raised stakes. 118.92 million shares or 1.89% more from 116.71 million shares in 2017Q1 were reported. Dubuque Retail Bank & Tru reported 5,415 shares. Swiss National Bank holds 0.04% or 487,536 shares in its portfolio. United Cap Fincl Advisers Limited Liability Company owns 0% invested in FMC Corporation (NYSE:FMC) for 3,520 shares. Cypress Asset Inc Tx holds 0.05% in FMC Corporation (NYSE:FMC) or 3,570 shares. Panagora Asset Management Inc accumulated 0% or 15,472 shares. The New Mexico-based New Mexico Educational Retirement Board has invested 0.05% in FMC Corporation (NYSE:FMC). 160 are owned by Winch Advisory Svcs Limited Liability Corp. 4,188 are held by Suntrust Banks. 82,000 are held by Luminus Management Llc. Davidson Kempner Cap Ltd Partnership holds 0.24% of its portfolio in FMC Corporation (NYSE:FMC) for 136,709 shares. Goldman Sachs Gru holds 0.01% or 576,848 shares. Commonwealth Equity owns 4,395 shares for 0% of their portfolio. Teachers Retirement Of The State Of Kentucky accumulated 14,800 shares. The Washington-based Washington has invested 2.82% in FMC Corporation (NYSE:FMC). 300 were accumulated by Guardian Life Insurance Of America.

Since June 8, 2017, it had 0 insider buys, and 1 insider sale for $962,626 activity.

Petrus Trust Company Lta decreased its stake in F M C Corp (FMC) by 47.57% based on its latest 2017Q2 regulatory filing with the SEC. Petrus Trust Company Lta sold 77,106 shares as the company’s stock rose 27.61% with the market. The institutional investor held 84,971 shares of the major chemicals company at the end of 2017Q2, valued at $6.21M, down from 162,077 at the end of the previous reported quarter. Petrus Trust Company Lta who had been investing in F M C Corp for a number of months, seems to be less bullish one the $11.85B market cap company. The stock increased 0.30% or $0.26 during the last trading session, reaching $88.25. About 1.35M shares traded or 17.55% up from the average. FMC Corporation (NYSE:FMC) has risen 62.57% since December 8, 2016 and is uptrending. It has outperformed by 45.87% the S&P500.

Petrus Trust Company Lta, which manages about $429.69M US Long portfolio, upped its stake in Carter Inc (NYSE:CRI) by 102,634 shares to 105,508 shares, valued at $9.39 million in 2017Q2, according to the filing.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on February, 5. They expect $0.98 earnings per share, up 11.36 % or $0.10 from last year’s $0.88 per share. FMC’s profit will be $131.58M for 22.51 P/E if the $0.98 EPS becomes a reality. After $0.70 actual earnings per share reported by FMC Corporation for the previous quarter, Wall Street now forecasts 40.00 % EPS growth.

More notable recent FMC Corporation (NYSE:FMC) news were published by: Nasdaq.com which released: “Pacific Global Investment Management CO Buys DowDuPont Inc, FMC Corp, The …” on November 14, 2017, also Nasdaq.com with their article: “Lithium Stock Face Off: Is ALB More Attractive Than FMC?” published on November 22, 2017, Streetinsider.com published: “FMC Corp. (FMC) PT Raised to $112 at KeyBanc; Remains Bullish” on December 04, 2017. More interesting news about FMC Corporation (NYSE:FMC) were released by: Reuters.com and their article: “FMC Corp announces $300 mln lithium investment in Argentina” published on November 09, 2017 as well as Nasdaq.com‘s news article titled: “FMC Corp to Sell Certain European Herbicides to Nufarm” with publication date: November 08, 2017.

FMC Corporation (NYSE:FMC) Ratings Coverage

Among 31 analysts covering FMC Tech (NYSE:FMC), 18 have Buy rating, 1 Sell and 12 Hold. Therefore 58% are positive. FMC Tech had 84 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of FMC Corporation (NYSE:FMC) earned “Buy” rating by Bank of America on Thursday, August 31. Barclays Capital maintained FMC Corporation (NYSE:FMC) rating on Thursday, July 23. Barclays Capital has “Overweight” rating and $40 target. On Friday, August 28 the stock rating was downgraded by Longbow to “Neutral”. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Tuesday, July 4 by Jefferies. The rating was initiated by Credit Suisse with “Outperform” on Friday, January 22. Goldman Sachs maintained it with “Neutral” rating and $98 target in Monday, December 4 report. As per Tuesday, January 12, the company rating was initiated by Oppenheimer. The firm earned “Buy” rating on Friday, October 13 by SunTrust. The rating was maintained by Jefferies with “Buy” on Wednesday, October 11. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets.

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