Jump Financial LLC Acquires 57,896 Shares of FMC Co. (NYSE:FMC)

Jump Financial LLC increased its position in FMC Co. (NYSE:FMC - Free Report) by 444.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,937 shares of the basic materials company's stock after buying an additional 57,896 shares during the quarter. Jump Financial LLC owned 0.06% of FMC worth $3,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in FMC. Canada Post Corp Registered Pension Plan purchased a new stake in FMC during the fourth quarter valued at about $62,000. Mariner LLC grew its holdings in shares of FMC by 4.5% in the fourth quarter. Mariner LLC now owns 21,118 shares of the basic materials company's stock worth $1,027,000 after purchasing an additional 905 shares during the last quarter. Barclays PLC raised its holdings in FMC by 7.3% during the 4th quarter. Barclays PLC now owns 333,083 shares of the basic materials company's stock valued at $16,188,000 after buying an additional 22,705 shares during the last quarter. Townsquare Capital LLC grew its holdings in FMC by 16.0% in the 4th quarter. Townsquare Capital LLC now owns 11,541 shares of the basic materials company's stock worth $561,000 after acquiring an additional 1,591 shares during the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of FMC by 49.3% in the fourth quarter. Sterling Capital Management LLC now owns 8,105 shares of the basic materials company's stock valued at $394,000 after acquiring an additional 2,675 shares during the period. 91.86% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other FMC news, Director Carol Anthony Davidson acquired 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was acquired at an average cost of $37.33 per share, for a total transaction of $223,980.00. Following the transaction, the director now owns 6,000 shares of the company's stock, valued at $223,980. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Finian Reilly sold 2,958 shares of the 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 transaction, the executive vice president now owns 25,468 shares of the company's stock, valued at $1,407,107. The trade was a 10.41 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Redburn Atlantic lowered FMC from a "buy" rating to a "neutral" rating and set a $49.00 price objective for the company. in a research report on Friday, February 14th. Wells Fargo & Company decreased their target price on shares of FMC from $43.00 to $41.00 and set an "equal weight" rating for the company in a research note on Monday. BMO Capital Markets dropped 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, February 5th. KeyCorp lowered their price target on shares of FMC from $51.00 to $49.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Citigroup lifted their target price on FMC from $55.00 to $61.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, FMC has a consensus rating of "Hold" and a consensus target price of $48.69.

FMC Stock Up 0.7 %

Shares of NYSE:FMC traded up $0.28 on Monday, reaching $38.12. The company had a trading volume of 1,594,397 shares, compared to its average volume of 2,037,718. The stock has a market capitalization of $4.76 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.90 and a beta of 0.83. The stock has a 50-day moving average price of $38.98 and a 200 day moving average price of $49.68. FMC Co. has a twelve month low of $32.83 and a twelve month high of $68.72. The company has a quick ratio of 1.24, a current ratio of 1.64 and a debt-to-equity ratio of 0.67.

FMC (NYSE:FMC - Get Free Report) last announced its quarterly earnings data 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 expect that FMC Co. will post 3.48 EPS for the current year.

FMC Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a dividend of $0.58 per share. The ex-dividend date was Monday, March 31st. This represents a $2.32 annualized dividend and a yield of 6.09%. FMC's dividend payout ratio (DPR) is 85.29%.

About FMC

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.