2,147 Shares in FMC Co. (NYSE:FMC) Purchased by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC acquired a new position in FMC Co. (NYSE:FMCGet Rating) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 2,147 shares of the basic materials company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CENTRAL TRUST Co purchased a new stake in FMC in the 1st quarter worth about $34,000. Parkside Financial Bank & Trust raised its position in FMC by 99.4% in the 1st quarter. Parkside Financial Bank & Trust now owns 351 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 175 shares during the period. Edge Capital Group LLC purchased a new stake in FMC in the 2nd quarter worth about $49,000. High Net Worth Advisory Group LLC purchased a new stake in FMC in the 1st quarter worth about $60,000. Finally, Federated Hermes Inc. purchased a new stake in FMC in the 1st quarter worth about $101,000. 87.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other FMC news, EVP Michael Finian Reilly sold 4,502 shares of FMC stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $126.95, for a total value of $571,528.90. Following the completion of the transaction, the executive vice president now owns 18,354 shares of the company’s stock, valued at $2,330,040.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.57% of the stock is currently owned by corporate insiders.

FMC Trading Up 0.1 %

Shares of FMC stock opened at $128.25 on Thursday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.41 and a quick ratio of 0.93. The firm has a fifty day moving average price of $116.50 and a 200 day moving average price of $113.02. FMC Co. has a 1 year low of $98.24 and a 1 year high of $140.99. The stock has a market cap of $16.16 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.74 and a beta of 0.83.

Analyst Ratings Changes

A number of equities analysts have commented on FMC shares. Mizuho dropped their target price on shares of FMC from $149.00 to $144.00 and set a “buy” rating on the stock in a research note on Thursday, August 4th. StockNews.com upgraded shares of FMC from a “hold” rating to a “buy” rating in a research note on Friday, October 28th. KeyCorp upped their target price on shares of FMC from $122.00 to $139.00 and gave the stock an “overweight” rating in a research note on Thursday, November 3rd. Royal Bank of Canada upped their target price on shares of FMC from $133.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, November 4th. Finally, Credit Suisse Group increased their price objective on shares of FMC from $105.00 to $112.00 and gave the company an “underperform” rating in a research note on Wednesday, November 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $133.91.

FMC Profile

(Get Rating)

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 include 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.

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Institutional Ownership by Quarter for FMC (NYSE:FMC)

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