4,214 Shares in FMC Co. (NYSE:FMC) Purchased by Caprock Group LLC

Caprock Group LLC acquired a new stake in FMC Co. (NYSE:FMC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,214 shares of the basic materials company’s stock, valued at approximately $208,000.

Other hedge funds also recently made changes to their positions in the company. Millburn Ridgefield Corp increased its holdings in shares of FMC by 186.2% during the 3rd quarter. Millburn Ridgefield Corp now owns 498 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 324 shares during the last quarter. First Horizon Advisors Inc. boosted its position in FMC by 90.8% during the third quarter. First Horizon Advisors Inc. now owns 517 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 246 shares during the period. Mather Group LLC. increased its holdings in shares of FMC by 250.6% in the third quarter. Mather Group LLC. now owns 554 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 396 shares during the last quarter. Peterson Financial Group Inc. bought a new position in shares of FMC in the third quarter valued at about $51,000. Finally, Brooklyn Investment Group acquired a new stake in shares of FMC during the 3rd quarter worth about $52,000. 91.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on FMC shares. BMO Capital Markets decreased their price target on shares of FMC from $62.00 to $50.00 and set a “market perform” rating on the stock in a research note on Wednesday. UBS Group downgraded FMC from a “buy” rating to a “neutral” rating and decreased their target price for the company from $66.00 to $38.00 in a research report on Friday. Vertical Research raised FMC to a “hold” rating in a report on Wednesday. Morgan Stanley decreased their price objective on FMC from $70.00 to $46.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Bank of America reissued an “underperform” rating and set a $48.00 target price (down previously from $61.00) on shares of FMC in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $54.00.

FMC Trading Down 3.2 %

FMC opened at $34.51 on Friday. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 2.97, a P/E/G ratio of 1.20 and a beta of 0.84. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. FMC Co. has a twelve month low of $33.80 and a twelve month high of $68.72. The company has a 50-day simple moving average of $51.99 and a 200 day simple moving average of $58.37.

FMC (NYSE:FMC) last issued its quarterly earnings results on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.14. FMC had a net margin of 34.93% and a return on equity of 7.68%. Analysts predict that FMC Co. will post 3.33 EPS for the current fiscal year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.58 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.32 annualized dividend and a dividend yield of 6.72%. FMC’s payout ratio is 85.29%.

Insider Transactions at FMC

In related news, EVP Michael Finian Reilly sold 2,958 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total transaction of $163,429.50. Following the sale, the executive vice president now owns 25,468 shares of the company’s stock, valued at $1,407,107. This trade represents a 10.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Jacqueline Scanlan sold 4,529 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $59.67, for a total value of $270,245.43. Following the completion of the transaction, the vice president now directly owns 28,649 shares of the company’s stock, valued at approximately $1,709,485.83. The trade was a 13.65 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,491 shares of company stock valued at $433,898. Corporate insiders own 0.85% of the company’s stock.

FMC Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.