WINTON GROUP Ltd Decreases Holdings in FMC Co. (NYSE:FMC)

WINTON GROUP Ltd decreased its holdings in FMC Co. (NYSE:FMC) by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 292,854 shares of the basic materials company’s stock after selling 7,550 shares during the period. FMC makes up about 0.9% of WINTON GROUP Ltd’s holdings, making the stock its 16th biggest holding. WINTON GROUP Ltd’s holdings in FMC were worth $14,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FMC. State Street Corp boosted its holdings in FMC by 27.3% during the 3rd quarter. State Street Corp now owns 6,271,760 shares of the basic materials company’s stock valued at $417,151,000 after acquiring an additional 1,343,615 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of FMC by 48.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,088,235 shares of the basic materials company’s stock valued at $101,509,000 after purchasing an additional 685,995 shares during the period. Ilex Capital Partners UK LLP grew its holdings in shares of FMC by 2,129.4% in the third quarter. Ilex Capital Partners UK LLP now owns 440,353 shares of the basic materials company’s stock worth $29,037,000 after purchasing an additional 420,601 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of FMC by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 15,291,878 shares of the basic materials company’s stock worth $743,338,000 after buying an additional 180,766 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in FMC by 50.7% during the 4th quarter. Jones Financial Companies Lllp now owns 427,256 shares of the basic materials company’s stock valued at $20,769,000 after buying an additional 143,770 shares during the last quarter. Institutional investors own 91.86% of the company’s stock.

Insider Activity at FMC

In related news, insider Ronaldo Pereira bought 5,600 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average cost of $35.77 per share, with a total value of $200,312.00. Following the completion of the purchase, the insider now owns 48,837 shares in the company, valued at approximately $1,746,899.49. The trade was a 12.95 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Finian Reilly sold 2,958 shares of FMC stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total value of $163,429.50. Following the completion of the transaction, the executive vice president now directly owns 25,468 shares of the company’s stock, valued at approximately $1,407,107. This represents a 10.41 % decrease in their position. The disclosure for this sale can be found here. 0.85% of the stock is owned by corporate insiders.

FMC Stock Performance

Shares of FMC stock opened at $42.13 on Thursday. FMC Co. has a 12 month low of $33.80 and a 12 month high of $68.72. The firm has a market capitalization of $5.26 billion, a P/E ratio of 15.49, a P/E/G ratio of 1.90 and a beta of 0.93. The company has a current ratio of 1.64, a quick ratio of 1.24 and a debt-to-equity ratio of 0.67. The business has a fifty day simple moving average of $43.44 and a two-hundred day simple moving average of $53.08.

FMC (NYSE:FMC) last issued its quarterly earnings results on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%. On average, equities analysts forecast that FMC Co. will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be paid a $0.58 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.32 annualized dividend and a dividend yield of 5.51%. FMC’s payout ratio is currently 85.29%.

Analyst Ratings Changes

FMC has been the topic of a number of analyst reports. Mizuho decreased their price objective on shares of FMC from $70.00 to $55.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. KeyCorp reduced their price target on FMC from $55.00 to $51.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. Redburn Atlantic cut FMC from a “buy” rating to a “neutral” rating and set a $49.00 price objective for the company. in a report on Friday, February 14th. StockNews.com lowered FMC from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Finally, Royal Bank of Canada downgraded FMC from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $78.00 to $47.00 in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $51.15.

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.