Barclays PLC Grows Stake in FMC Co. (NYSE:FMC)

Barclays PLC grew its stake in shares of FMC Co. (NYSE:FMC - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 333,083 shares of the basic materials company's stock after buying an additional 22,705 shares during the period. Barclays PLC owned 0.27% of FMC worth $16,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Inspire Trust Co. N.A. boosted its position in shares of FMC by 18.7% during the 3rd quarter. Inspire Trust Co. N.A. now owns 60,200 shares of the basic materials company's stock valued at $3,970,000 after acquiring an additional 9,500 shares during the last quarter. Reinhart Partners LLC. raised its stake in FMC by 20.9% during the fourth quarter. Reinhart Partners LLC. now owns 227,328 shares of the basic materials company's stock valued at $11,050,000 after purchasing an additional 39,230 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in FMC by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,164,403 shares of the basic materials company's stock valued at $56,602,000 after purchasing an additional 28,059 shares during the last quarter. Brookstone Capital Management grew its stake in shares of FMC by 9.4% in the 4th quarter. Brookstone Capital Management now owns 164,887 shares of the basic materials company's stock worth $8,015,000 after buying an additional 14,197 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of FMC in the 4th quarter worth about $5,573,000. Hedge funds and other institutional investors own 91.86% of the company's stock.

Insider Activity

In related news, insider Ronaldo Pereira bought 5,600 shares of the stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of $35.77 per share, for a total transaction of $200,312.00. Following the completion of the acquisition, the insider now directly owns 48,837 shares in the company, valued at approximately $1,746,899.49. This represents a 12.95 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Finian Reilly sold 2,958 shares of FMC stock in a transaction on Thursday, January 23rd. The shares were 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 owns 25,468 shares in the company, valued at $1,407,107. This represents a 10.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on FMC shares. UBS Group downgraded shares of FMC from a "buy" rating to a "neutral" rating and lowered their price target for the company from $66.00 to $38.00 in a report on Friday, February 7th. Mizuho set a $46.00 price objective on FMC in a research note on Tuesday, April 15th. Barclays cut their target price on FMC from $65.00 to $48.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. KeyCorp dropped their price objective on shares of FMC from $51.00 to $49.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Finally, StockNews.com downgraded shares of FMC from a "buy" rating to a "hold" rating in a research note on Saturday, February 22nd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, FMC currently has an average rating of "Hold" and an average target price of $48.69.

FMC Trading Up 3.5 %

Shares of NYSE:FMC traded up $1.34 during trading on Tuesday, reaching $39.39. 1,733,292 shares of the company were exchanged, compared to its average volume of 2,036,544. The business's fifty day simple moving average is $39.06 and its 200-day simple moving average is $49.43. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.64 and a quick ratio of 1.24. FMC Co. has a 12-month low of $32.83 and a 12-month high of $68.72. The firm has a market capitalization of $4.92 billion, a PE ratio of 14.48, a P/E/G ratio of 1.90 and a beta of 0.83.

FMC (NYSE:FMC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.65 by $0.14. FMC had a return on equity of 9.67% and a net margin of 8.03%. On average, research analysts anticipate that FMC Co. will post 3.48 EPS for the current year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were issued a $0.58 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.32 annualized dividend and a dividend yield of 5.89%. FMC's dividend payout ratio is currently 85.29%.

FMC Company 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.