Cypress Asset Management Inc increased its stake in F M C Corp (FMC) by 135.94% based on its latest 2017Q3 regulatory filing with the SEC. Cypress Asset Management Inc bought 4,853 shares as the company’s stock rose 27.61% with the market. The institutional investor held 8,423 shares of the major chemicals company at the end of 2017Q3, valued at $752,000, up from 3,570 at the end of the previous reported quarter. Cypress Asset Management Inc who had been investing in F M C Corp for a number of months, seems to be bullish on the $12.71B market cap company. The stock decreased 0.36% or $0.34 during the last trading session, reaching $94.66. About 647,413 shares traded. FMC Corporation (NYSE:FMC) has risen 62.57% since December 31, 2016 and is uptrending. It has outperformed by 45.87% the S&P500.
Letko Brosseau & Associates Inc decreased its stake in Conocophillips (COP) by 0.56% based on its latest 2017Q3 regulatory filing with the SEC. Letko Brosseau & Associates Inc sold 15,750 shares as the company’s stock declined 0.06% while stock markets rallied. The institutional investor held 2.81 million shares of the integrated oil company at the end of 2017Q3, valued at $140.88M, down from 2.83M at the end of the previous reported quarter. Letko Brosseau & Associates Inc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $65.62B market cap company. The stock decreased 0.53% or $0.29 during the last trading session, reaching $54.89. About 3.67 million shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since December 31, 2016 and is uptrending. It has underperformed by 7.20% the S&P500.
Among 32 analysts covering FMC Tech (NYSE:FMC), 19 have Buy rating, 1 Sell and 12 Hold. Therefore 59% are positive. FMC Tech had 85 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Suntrust Robinson to “Buy” on Monday, April 3. The rating was upgraded by Bank of America to “Buy” on Thursday, August 31. Piper Jaffray upgraded the stock to “Neutral” rating in Monday, November 28 report. RBC Capital Markets maintained FMC Corporation (NYSE:FMC) on Monday, June 5 with “Buy” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, July 4. Credit Suisse upgraded FMC Corporation (NYSE:FMC) on Friday, November 4 to “Outperform” rating. As per Thursday, July 23, the company rating was maintained by Barclays Capital. The stock of FMC Corporation (NYSE:FMC) has “Neutral” rating given on Friday, July 15 by Citigroup. The stock has “Neutral” rating by SunTrust on Wednesday, August 12. The stock has “Hold” rating by BMO Capital Markets on Friday, May 5.
Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.18, from 0.91 in 2017Q2. It increased, as 36 investors sold FMC shares while 164 reduced holdings. 77 funds opened positions while 141 raised stakes. 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported. Brown Advisory reported 0% of its portfolio in FMC Corporation (NYSE:FMC). Wellington Management Gp Ltd Liability Partnership stated it has 57,856 shares. Franklin Resources holds 0% or 15,100 shares. Citadel Advisors Lc has invested 0% in FMC Corporation (NYSE:FMC). Jennison Assocs Ltd accumulated 2.21 million shares. Bp Public Limited Com owns 0.05% invested in FMC Corporation (NYSE:FMC) for 16,000 shares. Stevens LP invested 0.11% of its portfolio in FMC Corporation (NYSE:FMC). Silvercrest Asset Mgmt Limited Liability Company accumulated 0.37% or 412,026 shares. Taurus Asset Mngmt Limited Liability holds 123,610 shares. Virtus Invest Advisers accumulated 0.03% or 3,087 shares. Mirae Asset Investments Com Ltd accumulated 4,671 shares. Thrivent For Lutherans has 0.06% invested in FMC Corporation (NYSE:FMC) for 196,303 shares. 25,321 were reported by Ontario Teachers Pension Plan Board. Amundi Pioneer Asset Mngmt holds 193,028 shares. Cubist Systematic Strategies Llc invested in 0.02% or 3,649 shares.
Since August 29, 2017, it had 0 insider buys, and 2 selling transactions for $1.22 million activity. $33,873 worth of FMC Corporation (NYSE:FMC) shares were sold by Pfeiffer Nicholas.
Cypress Asset Management Inc, which manages about $464.60 million US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 1,350 shares to 4,618 shares, valued at $1.16M in 2017Q3, according to the filing. It also reduced its holding in Verizon Communications Inc (NYSE:VZ) by 21,899 shares in the quarter, leaving it with 124,635 shares, and cut its stake in Philip Morris Intl Inc (NYSE:PM).
Analysts await ConocoPhillips (NYSE:COP) to report earnings on February, 1. They expect $0.40 EPS, up 253.85% or $0.66 from last year’s $-0.26 per share. COP’s profit will be $478.21 million for 34.31 P/E if the $0.40 EPS becomes a reality. After $0.16 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 150.00% EPS growth.
Among 25 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. ConocoPhillips had 83 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Piper Jaffray on Friday, October 28 to “Overweight”. The rating was maintained by RBC Capital Markets on Friday, July 14 with “Buy”. The stock of ConocoPhillips (NYSE:COP) earned “Outperform” rating by Cowen & Co on Friday, March 31. Oppenheimer downgraded the stock to “Perform” rating in Tuesday, August 4 report. The firm earned “Buy” rating on Thursday, October 19 by Jefferies. As per Monday, November 28, the company rating was upgraded by Goldman Sachs. The stock of ConocoPhillips (NYSE:COP) earned “” rating by Credit Suisse on Friday, March 31. The company was upgraded on Monday, September 12 by JP Morgan. The stock of ConocoPhillips (NYSE:COP) earned “Peer Perform” rating by Wolfe Research on Thursday, February 11. On Wednesday, September 7 the stock rating was upgraded by Jefferies to “Hold”.
Letko Brosseau & Associates Inc, which manages about $24.00B and $11.05B US Long portfolio, upped its stake in Cenovus Energy Inc (NYSE:CVE) by 7.64 million shares to 34.80 million shares, valued at $348.11M in 2017Q3, according to the filing. It also increased its holding in Lifepoint Health Inc (NASDAQ:LPNT) by 40,110 shares in the quarter, for a total of 1.39 million shares, and has risen its stake in Dicks Sporting Goods Inc (NYSE:DKS).
The post Conocophillips (COP) Holder Letko Brosseau & Associates Decreased Its Position by $787,500 as Share Price Declined; Cypress Asset Management Increases Position in F M C (FMC) appeared first on Stock Market News | HillCountryTimes | Get it Today.
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