Hanseatic Management Services Inc. grew its holdings in FMC Corp (NYSE:FMC) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,687 shares of the basic materials company’s stock after purchasing an additional 635 shares during the period. FMC comprises about 1.2% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 19th biggest holding. Hanseatic Management Services Inc.’s holdings in FMC were worth $1,201,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of FMC. BlackRock Inc. boosted its stake in shares of FMC by 3.4% in the 4th quarter. BlackRock Inc. now owns 9,261,241 shares of the basic materials company’s stock worth $876,668,000 after buying an additional 308,432 shares during the last quarter. Third Point LLC boosted its stake in shares of FMC by 10.0% in the 3rd quarter. Third Point LLC now owns 2,200,000 shares of the basic materials company’s stock worth $196,482,000 after buying an additional 200,000 shares during the last quarter. Global X Management Co. LLC boosted its stake in shares of FMC by 2.2% in the 4th quarter. Global X Management Co. LLC now owns 1,882,596 shares of the basic materials company’s stock worth $178,207,000 after buying an additional 39,650 shares during the last quarter. Frontier Capital Management Co. LLC boosted its stake in shares of FMC by 6.5% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,556,494 shares of the basic materials company’s stock worth $147,338,000 after buying an additional 95,036 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of FMC by 647.4% in the 4th quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,526,744 shares of the basic materials company’s stock worth $144,522,000 after buying an additional 1,322,470 shares during the last quarter. 90.64% of the stock is owned by institutional investors and hedge funds.
In other news, insider Nicholas Pfeiffer sold 375 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $90.33, for a total value of $33,873.75. Following the transaction, the insider now directly owns 6,856 shares in the company, valued at $619,302.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Douglas sold 10,698 shares of the business’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $84.41, for a total value of $903,018.18. Following the completion of the transaction, the insider now owns 63,191 shares in the company, valued at $5,333,952.31. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.
FMC Corp (NYSE FMC) opened at $83.55 on Monday. The firm has a market capitalization of $11,220.00, a price-to-earnings ratio of 49.15, a P/E/G ratio of 1.36 and a beta of 1.60. The company has a current ratio of 1.65, a quick ratio of 1.20 and a debt-to-equity ratio of 1.11. FMC Corp has a 52-week low of $59.11 and a 52-week high of $98.70.
FMC (NYSE:FMC) last announced its quarterly earnings data on Monday, February 12th. The basic materials company reported $1.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.05. FMC had a return on equity of 16.82% and a net margin of 18.61%. The business had revenue of $979.60 million for the quarter, compared to the consensus estimate of $993.57 million. During the same period in the previous year, the business earned $0.88 earnings per share. The business’s revenue was up 42.3% on a year-over-year basis. equities analysts anticipate that FMC Corp will post 5.45 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 19th. Stockholders of record on Thursday, March 29th will be given a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.66 annualized dividend and a dividend yield of 0.79%. FMC’s payout ratio is 38.82%.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides.
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