FMC Co. (NYSE:FMC) Stock Holdings Raised by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in shares of FMC Co. (NYSE:FMC - Free Report) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,995,691 shares of the basic materials company's stock after buying an additional 54,017 shares during the period. Geode Capital Management LLC owned 2.40% of FMC worth $145,452,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in FMC in the 4th quarter valued at about $29,000. EverSource Wealth Advisors LLC grew its holdings in shares of FMC by 217.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 746 shares of the basic materials company's stock worth $36,000 after buying an additional 511 shares in the last quarter. IFP Advisors Inc raised its position in shares of FMC by 65.3% in the fourth quarter. IFP Advisors Inc now owns 959 shares of the basic materials company's stock valued at $47,000 after buying an additional 379 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of FMC by 34.7% during the fourth quarter. Principal Securities Inc. now owns 990 shares of the basic materials company's stock valued at $48,000 after buying an additional 255 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in FMC during the third quarter worth approximately $58,000. 91.86% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at FMC

In other news, EVP Michael Finian Reilly sold 2,958 shares of the firm's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total transaction of $163,429.50. Following the completion of the sale, the executive vice president now directly owns 25,468 shares in the company, valued at $1,407,107. This trade represents a 10.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ronaldo Pereira bought 5,600 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $35.77 per share, for a total transaction of $200,312.00. Following the completion of the transaction, the insider now owns 48,837 shares of the company's stock, valued at approximately $1,746,899.49. The trade was a 12.95 % increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is owned by corporate insiders.

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FMC Stock Up 2.2 %

Shares of NYSE:FMC traded up $0.81 during midday trading on Friday, hitting $37.05. 1,915,809 shares of the company's stock traded hands, compared to its average volume of 2,038,393. The firm's fifty day moving average price is $38.77 and its two-hundred day moving average price is $50.76. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.24 and a current ratio of 1.64. FMC Co. has a twelve month low of $32.83 and a twelve month high of $68.72. The company has a market cap of $4.63 billion, a PE ratio of 13.62, a P/E/G ratio of 1.90 and a beta of 0.83.

FMC (NYSE:FMC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $1.79 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, equities research analysts anticipate that FMC Co. will post 3.48 EPS for the current fiscal year.

FMC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 6.26%. The ex-dividend date of this dividend is Monday, March 31st. FMC's dividend payout ratio (DPR) is 85.29%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on FMC shares. Mizuho cut their price target on FMC from $70.00 to $55.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Bank of America reiterated an "underperform" rating and issued a $48.00 target price (down from $61.00) on shares of FMC in a research note on Wednesday, February 5th. Royal Bank of Canada lowered FMC from an "outperform" rating to a "sector perform" rating and decreased their price target for the stock from $78.00 to $47.00 in a research note on Wednesday, February 5th. StockNews.com downgraded shares of FMC from a "buy" rating to a "hold" rating in a research note on Saturday, February 22nd. Finally, BMO Capital Markets cut their price objective on shares of FMC from $62.00 to $50.00 and set a "market perform" rating on the stock in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, FMC currently has a consensus rating of "Hold" and an average 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.