Wealth Enhancement Advisory Services LLC Buys 25,722 Shares of FMC Co. (NYSE:FMC)

Wealth Enhancement Advisory Services LLC grew its position in FMC Co. (NYSE:FMC - Free Report) by 149.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,966 shares of the basic materials company's stock after purchasing an additional 25,722 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in FMC were worth $2,833,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Mather Group LLC. increased its holdings in FMC by 250.6% during the 3rd quarter. Mather Group LLC. now owns 554 shares of the basic materials company's stock valued at $37,000 after purchasing an additional 396 shares in the last quarter. LRI Investments LLC bought a new position in shares of FMC in the first quarter valued at about $39,000. UMB Bank n.a. lifted its position in FMC by 56.9% during the 2nd quarter. UMB Bank n.a. now owns 678 shares of the basic materials company's stock worth $39,000 after buying an additional 246 shares in the last quarter. Sentry Investment Management LLC bought a new stake in FMC during the 1st quarter worth about $45,000. Finally, EntryPoint Capital LLC increased its position in FMC by 1,282.3% in the 1st quarter. EntryPoint Capital LLC now owns 857 shares of the basic materials company's stock valued at $55,000 after acquiring an additional 795 shares in the last quarter. Institutional investors own 91.86% of the company's stock.

FMC Stock Down 2.8 %

NYSE FMC traded down $1.84 during trading on Friday, hitting $63.15. The stock had a trading volume of 1,088,860 shares, compared to its average volume of 1,697,158. The company has a market capitalization of $7.88 billion, a PE ratio of 5.43, a P/E/G ratio of 1.71 and a beta of 0.85. FMC Co. has a 12 month low of $49.49 and a 12 month high of $68.72. The company's 50-day moving average price is $63.21 and its two-hundred day moving average price is $60.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.07 and a current ratio of 1.48.

FMC (NYSE:FMC - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The basic materials company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.20. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. FMC had a net margin of 34.93% and a return on equity of 7.68%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. As a group, sell-side analysts forecast that FMC Co. will post 3.3 EPS for the current year.

Wall Street Analysts Forecast Growth

FMC has been the topic of several research analyst reports. Barclays increased their price target on shares of FMC from $62.00 to $65.00 and gave the company an "equal weight" rating in a research note on Monday, August 5th. JPMorgan Chase & Co. increased their target price on FMC from $50.00 to $59.00 and gave the company a "neutral" rating in a research note on Monday, August 12th. Mizuho increased their price target on shares of FMC from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Friday. Royal Bank of Canada boosted their price objective on shares of FMC from $78.00 to $81.00 and gave the company an "outperform" rating in a report on Friday. Finally, BMO Capital Markets upped their target price on shares of FMC from $60.00 to $65.00 and gave the company a "market perform" rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, FMC presently has a consensus rating of "Hold" and an average price target of $68.00.

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.