Oregon Public Employees Retirement Fund Lowered Its Fmc (FMC) Stake by $1.16 Million; General Electric Co (GE) Share Price Declined While Culbertson A N & Co Decreased by $367,149 Its Holding

April 23, 2018 - By Adrian Erickson

FMC Corporation (NYSE:FMC) Logo

Oregon Public Employees Retirement Fund decreased its stake in Fmc Corp (FMC) by 25.24% based on its latest 2017Q4 regulatory filing with the SEC. Oregon Public Employees Retirement Fund sold 12,385 shares as the company’s stock declined 21.14% with the market. The institutional investor held 36,683 shares of the major chemicals company at the end of 2017Q4, valued at $3.47 million, down from 49,068 at the end of the previous reported quarter. Oregon Public Employees Retirement Fund who had been investing in Fmc Corp for a number of months, seems to be less bullish one the $11.09B market cap company. The stock increased 0.16% or $0.13 during the last trading session, reaching $82.44. About 880,847 shares traded. FMC Corporation (NYSE:FMC) has risen 22.51% since April 23, 2017 and is uptrending. It has outperformed by 10.96% the S&P500.

Culbertson A N & Co Inc decreased its stake in General Electric Co (GE) by 16.2% based on its latest 2017Q4 regulatory filing with the SEC. Culbertson A N & Co Inc sold 21,597 shares as the company’s stock declined 23.20% with the market. The institutional investor held 111,679 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.95 million, down from 133,276 at the end of the previous reported quarter. Culbertson A N & Co Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $126.48B market cap company. The stock increased 0.17% or $0.0253 during the last trading session, reaching $14.5653. About 55.18M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 23, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Oregon Public Employees Retirement Fund, which manages about $6.64 billion US Long portfolio, upped its stake in Red Hat Inc (NYSE:RHT) by 26,785 shares to 45,747 shares, valued at $5.49 million in 2017Q4, according to the filing. It also increased its holding in Johnson Johnson (NYSE:JNJ) by 9,745 shares in the quarter, for a total of 584,852 shares, and has risen its stake in Jacobs Engineering Group Inc (NYSE:JEC).

Among 32 analysts covering FMC Tech (NYSE:FMC), 22 have Buy rating, 1 Sell and 9 Hold. Therefore 69% are positive. FMC Tech had 96 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 8 by Nomura. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Tuesday, July 4 by Jefferies. The company was maintained on Friday, May 5 by BMO Capital Markets. As per Thursday, August 3, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained FMC Corporation (NYSE:FMC) on Monday, June 5 with “Buy” rating. On Monday, April 3 the stock rating was upgraded by Seaport Global to “Buy”. RBC Capital Markets maintained the shares of FMC in report on Monday, July 10 with “Buy” rating. Robert W. Baird initiated the shares of FMC in report on Thursday, March 23 with “Neutral” rating. The rating was upgraded by Credit Suisse on Friday, November 4 to “Outperform”. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Buy”.

Since December 12, 2017, it had 0 buys, and 2 sales for $936,904 activity. The insider Pfeiffer Nicholas sold $33,873.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on May, 2 after the close. They expect $1.63 earnings per share, up 279.07% or $1.20 from last year’s $0.43 per share. FMC’s profit will be $219.21 million for 12.64 P/E if the $1.63 EPS becomes a reality. After $1.10 actual earnings per share reported by FMC Corporation for the previous quarter, Wall Street now forecasts 48.18% EPS growth.

Investors sentiment is 1.09 in Q4 2017. Its the same as in 2017Q3. It is without change, as 39 investors sold FMC shares while 153 reduced holdings. only 57 funds opened positions while 153 raised stakes. 119.71 million shares or 1.28% more from 118.19 million shares in 2017Q3 were reported. Dorsey Wright And Assoc holds 0.38% of its portfolio in FMC Corporation (NYSE:FMC) for 21,952 shares. Parallax Volatility Advisers LP owns 3,124 shares. 82,306 are owned by Voya Invest Mngmt Ltd Liability Com. Duncker Streett & has invested 0.02% in FMC Corporation (NYSE:FMC). Mitchell Mcleod Pugh And Williams holds 3,090 shares. Oz Mngmt Limited Partnership holds 0.63% of its portfolio in FMC Corporation (NYSE:FMC) for 1.32 million shares. Spears Abacus Advisors invested in 0.14% or 12,000 shares. 151,609 are owned by Jacobs Levy Equity. 5,714 are held by Keybank Natl Association Oh. Old National State Bank In invested 0.01% of its portfolio in FMC Corporation (NYSE:FMC). Nomura Hldgs holds 8,580 shares. Ny State Teachers Retirement Sys owns 213,078 shares. C M Bidwell Associate Ltd stated it has 0% in FMC Corporation (NYSE:FMC). Moreover, Connor Clark & Lunn Investment Mgmt Ltd has 0.01% invested in FMC Corporation (NYSE:FMC). Highvista Strategies Ltd Liability Company holds 0.71% or 26,900 shares in its portfolio.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, October 24. The firm earned “Hold” rating on Wednesday, April 11 by Cowen & Co. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Oppenheimer on Monday, July 24. The firm has “Hold” rating given on Thursday, December 28 by Tigress Financial. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Thursday, January 25. The firm has “Outperform” rating by Bernstein given on Friday, December 16. Stifel Nicolaus maintained the shares of GE in report on Tuesday, January 30 with “Hold” rating. As per Monday, October 2, the company rating was maintained by Morgan Stanley. The firm has “Outperform” rating given on Thursday, October 5 by Credit Suisse. The firm has “Buy” rating by S&P Research given on Tuesday, October 20.

Since January 26, 2018, it had 1 buy, and 0 insider sales for $43,446 activity.

General Electric Company (NYSE:GE) Institutional Positions Chart

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