Concourse Capital Management Boosted By $2.21 Million Its Freeport (FCX) Position; Capital Guardian Trust Company Raised Aon Plc Cl A (AON) Stake

May 18, 2018 - By Clifton Ray

Freeport-McMoRan Inc. (NYSE:FCX) Logo

Concourse Capital Management Llc increased Freeport (FCX) stake by 122.61% reported in 2017Q4 SEC filing. Concourse Capital Management Llc acquired 122,608 shares as Freeport (FCX)’s stock declined 4.75%. The Concourse Capital Management Llc holds 222,608 shares with $4.22 million value, up from 100,000 last quarter. Freeport now has $24.62 billion valuation. The stock increased 1.25% or $0.21 during the last trading session, reaching $16.99. About 8.16M shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since May 18, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.




Capital Guardian Trust Company increased Aon Plc Cl A (AON) stake by 7.97% reported in 2017Q4 SEC filing. Capital Guardian Trust Company acquired 35,074 shares as Aon Plc Cl A (AON)’s stock rose 4.10%. The Capital Guardian Trust Company holds 474,883 shares with $63.63 million value, up from 439,809 last quarter. Aon Plc Cl A now has $34.67B valuation. The stock increased 0.54% or $0.76 during the last trading session, reaching $141.7. About 247,485 shares traded. Aon plc (NYSE:AON) has risen 17.45% since May 18, 2017 and is uptrending. It has outperformed by 5.90% the S&P500.

Among 15 analysts covering Aon Corporation (NYSE:AON), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Aon Corporation had 53 analyst reports since August 3, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Sunday, August 6 report. Jefferies maintained Aon plc (NYSE:AON) rating on Friday, June 16. Jefferies has “Buy” rating and $14600 target. As per Friday, October 27, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Raymond James on Friday, April 15 to “Underperform”. On Thursday, July 13 the stock rating was maintained by Citigroup with “Buy”. Citigroup maintained Aon plc (NYSE:AON) rating on Friday, April 8. Citigroup has “Buy” rating and $120 target. RBC Capital Markets maintained Aon plc (NYSE:AON) on Friday, February 2 with “Hold” rating. The rating was maintained by Jefferies on Friday, October 13 with “Buy”. The company was maintained on Monday, October 30 by Jefferies. William Blair downgraded Aon plc (NYSE:AON) on Tuesday, January 16 to “Hold” rating.

Capital Guardian Trust Company decreased Nielsen Holdings Plc stake by 82,884 shares to 1.06M valued at $38.48 million in 2017Q4. It also reduced Cemex Sab De Cv Cpo Unit Adr (2 A Shrs Plus 1 B Shr) (NYSE:CX) stake by 2.38M shares and now owns 442,262 shares. Noble Energy Inc (NYSE:NBL) was reduced too.

More important recent Aon plc (NYSE:AON) news were published by: Seekingalpha.com which released: “Aon Corporation 2018 Q1 – Results – Earnings Call Slides” on May 04, 2018, also Prnewswire.com published article titled: “Aon Appoints Eric Andersen and Michael O’Connor as Co-Presidents of the Firm”, Prnewswire.com published: “Aon Reports First Quarter 2018 Results” on May 04, 2018. More interesting news about Aon plc (NYSE:AON) was released by: Streetinsider.com and their article: “Aon plc (AON) Names Eric Andersen and Michael O’Connor as Co-Presidents” with publication date: May 15, 2018.

Among 23 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 13 Hold. Therefore 22% are positive. Freeport-McMoran Copper & Gold had 106 analyst reports since July 28, 2015 according to SRatingsIntel. Gabelli initiated Freeport-McMoRan Inc. (NYSE:FCX) rating on Friday, September 11. Gabelli has “Buy” rating and $20.25 target. The stock has “Mkt Perform” rating by FBR Capital on Thursday, December 10. RBC Capital Markets maintained Freeport-McMoRan Inc. (NYSE:FCX) rating on Wednesday, June 28. RBC Capital Markets has “Hold” rating and $1400 target. Cowen & Co maintained Freeport-McMoRan Inc. (NYSE:FCX) on Wednesday, April 12 with “Buy” rating. Stifel Nicolaus maintained the shares of FCX in report on Tuesday, July 18 with “Hold” rating. The firm earned “Sell” rating on Friday, July 21 by Berenberg. The firm has “Outperform” rating by Macquarie Research given on Saturday, August 15. The firm has “Neutral” rating given on Friday, January 8 by Macquarie Research. The stock of Freeport-McMoRan Inc. (NYSE:FCX) earned “Buy” rating by Deutsche Bank on Monday, August 31. The rating was downgraded by Jefferies on Tuesday, January 12 to “Hold”.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.08, from 1 in 2017Q3. It dropped, as 77 investors sold FCX shares while 205 reduced holdings. 78 funds opened positions while 182 raised stakes. 989.88 million shares or 2.99% more from 961.13 million shares in 2017Q3 were reported. Jupiter Asset Limited, United Kingdom-based fund reported 192,100 shares. Hbk Ltd Partnership invested 0.21% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). 582,789 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Rampart Invest Com Ltd Liability Com has invested 0.12% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). Legal & General Grp Inc Pcl stated it has 7.20 million shares. Hsbc Plc owns 3.63 million shares. Oppenheimer Inc holds 125,598 shares. Highland Capital Mngmt Limited Liability Corporation holds 0.28% or 190,788 shares. Smithfield holds 485 shares or 0% of its portfolio. Fayez Sarofim And has invested 0.01% in Freeport-McMoRan Inc. (NYSE:FCX). Prudential Public Ltd, a Illinois-based fund reported 276,700 shares. Prelude Cap Mngmt Limited Co holds 30,535 shares. Moreover, Riverhead Capital Management Limited Liability Corp has 0.22% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 276,445 shares. Northwestern Mutual Wealth Management holds 0.01% or 71,761 shares. Lingohr And Partner Asset Mgmt Gmbh reported 30,800 shares or 0.31% of all its holdings.

More important recent Freeport-McMoRan Inc. (NYSE:FCX) news were published by: Seekingalpha.com which released: “Freeport-McMoRan: Indonesian-Related Sell-Off” on May 01, 2018, also Seekingalpha.com published article titled: “Freeport slips as Q1 earnings, revenues miss estimates”, Seekingalpha.com published: “Freeport-McMoRan: Weak Actions Hurting Stock” on April 25, 2018. More interesting news about Freeport-McMoRan Inc. (NYSE:FCX) was released by: Seekingalpha.com and their article: “Freeport-McMoRan Will Rebound” with publication date: May 03, 2018.

Concourse Capital Management Llc decreased Alphabet Inc stake by 424 shares to 7,085 valued at $7.46M in 2017Q4. It also reduced Charter Communications Inc N stake by 25,446 shares and now owns 23,865 shares. Charter Communications Inc N (Put) was reduced too.

Since January 31, 2018, it had 0 insider buys, and 1 sale for $419,125 activity. The insider WHITMIRE C DONALD JR sold 21,500 shares worth $419,125.

Freeport-McMoRan Inc. (NYSE:FCX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: