Natixis Advisors LLC Has $3.53 Million Stock Holdings in FMC Co. (NYSE:FMC)

Natixis Advisors LLC trimmed its position in FMC Co. (NYSE:FMC - Free Report) by 8.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 72,652 shares of the basic materials company's stock after selling 6,565 shares during the period. Natixis Advisors LLC owned 0.06% of FMC worth $3,532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in shares of FMC by 27.3% in the 3rd quarter. State Street Corp now owns 6,271,760 shares of the basic materials company's stock worth $417,151,000 after acquiring an additional 1,343,615 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in FMC by 48.9% in the fourth quarter. Bank of New York Mellon Corp now owns 2,088,235 shares of the basic materials company's stock worth $101,509,000 after purchasing an additional 685,995 shares during the period. Ilex Capital Partners UK LLP increased its stake in FMC by 2,129.4% during the third quarter. Ilex Capital Partners UK LLP now owns 440,353 shares of the basic materials company's stock valued at $29,037,000 after purchasing an additional 420,601 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of FMC by 50.7% during the fourth quarter. Jones Financial Companies Lllp now owns 427,256 shares of the basic materials company's stock worth $20,769,000 after purchasing an additional 143,770 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of FMC in the 4th quarter worth about $5,573,000. 91.86% of the stock is owned by institutional investors.

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Insider Transactions at FMC

In related news, EVP Michael Finian Reilly sold 2,958 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The shares were 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 approximately $1,407,107. This trade represents a 10.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ronaldo Pereira acquired 5,600 shares of FMC stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of $35.77 per share, with a total value of $200,312.00. Following the purchase, the insider now owns 48,837 shares in the company, valued at $1,746,899.49. The trade was a 12.95 % increase in their position. The disclosure for this purchase can be found here. 0.85% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. StockNews.com lowered shares of FMC from a "buy" rating to a "hold" rating in a research note on Saturday, February 22nd. Redburn Atlantic lowered FMC from a "buy" rating to a "neutral" rating and set a $49.00 target price on the stock. in a research report on Friday, February 14th. Morgan Stanley reduced their price target on shares of FMC from $70.00 to $46.00 and set an "equal weight" rating for the company in a report on Wednesday, February 5th. Vertical Research upgraded shares of FMC to a "hold" rating in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group assumed coverage on FMC in a research report on Thursday, March 13th. They set a "buy" rating and a $51.00 price objective for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, FMC presently has an average rating of "Hold" and an average target price of $51.15.

FMC Price Performance

Shares of FMC stock traded up $0.93 during trading on Wednesday, hitting $42.13. The stock had a trading volume of 2,247,840 shares, compared to its average volume of 1,902,006. The business has a fifty day moving average of $43.67 and a two-hundred day moving average of $53.15. The firm has a market cap of $5.26 billion, a P/E ratio of 15.49, a PEG ratio of 1.90 and a beta of 0.93. FMC Co. has a fifty-two week low of $33.80 and a fifty-two week high of $68.72. 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 (NYSE:FMC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%. On average, sell-side analysts expect that FMC Co. will post 3.48 earnings per share for the current fiscal year.

FMC Announces Dividend

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