Glenview Capital Management LLC Lowered F M C Corp (FMC) Position by $113.13 Million; Share Price Rose

March 15, 2018 - By reb123z

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.18, from 0.91 in 2017Q2. It improved, 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 Incorporated reported 2,809 shares. Kanawha Capital Management Ltd invested in 16,775 shares. Nomura Hldgs Inc invested in 0% or 11,502 shares. Live Your Vision Ltd Liability invested in 0.13% or 4,249 shares. First Interstate Bank & Trust holds 0% or 20 shares in its portfolio. New Mexico Educational Retirement Board holds 12,432 shares. 960,237 were accumulated by Century. X Mgmt Ltd Llc reported 1.84M shares. Commonwealth Of Pennsylvania Public School Empls Retrmt owns 0.02% invested in FMC Corporation (NYSE:FMC) for 12,815 shares. Huntington Bancorp reported 10 shares or 0% of all its holdings. Victory Capital Management Inc, a Ohio-based fund reported 259,159 shares. State Of New Jersey Common Pension Fund D stated it has 0.01% in FMC Corporation (NYSE:FMC). Moreover, Fifth Third Bancorp has 0% invested in FMC Corporation (NYSE:FMC) for 29 shares. Mirae Asset Glob Invs owns 4,671 shares or 0.01% of their US portfolio. Janney Montgomery Scott Limited Company holds 22,700 shares or 0.02% of its portfolio.

Since December 12, 2017, it had 0 insider purchases, and 2 sales for $936,904 activity. Pfeiffer Nicholas sold $33,873 worth of stock or 375 shares.

Larry Robbins decreased its stake in F M C Corp (FMC) by 9.78% based on its latest 2017Q3 regulatory filing with the SEC. Glenview Capital Management Llc sold 1.27M shares as the company’s stock rose 27.61% with the market. The hedge fund run by Larry Robbins held 11.72M shares of the major chemicals company at the end of 2017Q3, valued at $1.05B, down from 12.99M at the end of the previous reported quarter. Glenview Capital Management Llc who had been investing in F M C Corp for a number of months, seems to be less bullish one the $11.02B market cap company. The stock decreased 0.76% or $0.63 during the last trading session, reaching $82.06. About 158,594 shares traded. FMC Corporation (NYSE:FMC) has risen 62.57% since March 15, 2017 and is uptrending. It has outperformed by 45.87% the S&P500.

Glenview Capital Management Llc, which manages about $13.95 billion and $17.23B US Long portfolio, upped its stake in Flex Ltd (NASDAQ:FLEX) by 1.27 million shares to 39.43 million shares, valued at $653.40M in 2017Q3, according to the filing. It also increased its holding in Hca Healthcare Inc (NYSE:HCA) by 256,653 shares in the quarter, for a total of 15.16 million shares, and has risen its stake in Endo Intl Plc (NASDAQ:ENDP).

Analysts await FMC Corporation (NYSE:FMC) to report earnings on May, 1. They expect $1.51 earnings per share, up 251.16 % or $1.08 from last year’s $0.43 per share. FMC’s profit will be $202.84 million for 13.59 P/E if the $1.51 EPS becomes a reality. After $1.10 actual earnings per share reported by FMC Corporation for the previous quarter, Wall Street now forecasts 37.27 % EPS growth.

More notable recent FMC Corporation (NYSE:FMC) news were published by: which released: “Square, Manitowoc, FMC Corp: ‘Mad Money’ Lightning Round” on March 02, 2018, also with their article: “Stock Review for Chemicals Investors — Versum Materials, DowDuPont, Eastman …” published on March 12, 2018, published: “FMC Appoints Leaders for New Lithium Materials Company” on March 12, 2018. More interesting news about FMC Corporation (NYSE:FMC) were released by: and their article: “FMC Announces Executive Leaders for Planned New Lithium Materials Company …” published on March 09, 2018 as well as‘s news article titled: “FMC Up 2.4% Since Earnings Report: Can It Continue?” with publication date: March 14, 2018.

FMC Corporation (NYSE:FMC) Ratings Coverage

Among 32 analysts covering FMC Tech (NYSE:FMC), 21 have Buy rating, 1 Sell and 10 Hold. Therefore 66% are positive. FMC Tech has $112.0 highest and $31 lowest target. $83.17’s average target is 1.35% above currents $82.06 stock price. FMC Tech had 94 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 4 by Piper Jaffray. The company was upgraded on Friday, September 4 by Credit Suisse. CLSA initiated the shares of FMC in report on Friday, April 15 with “Outperform” rating. Citigroup maintained the stock with “Neutral” rating in Monday, November 13 report. The rating was maintained by Robert W. Baird with “Hold” on Monday, September 11. The company was upgraded on Thursday, February 15 by Seaport Global. The stock of FMC Corporation (NYSE:FMC) earned “Buy” rating by KeyBanc Capital Markets on Monday, October 16. The stock of FMC Corporation (NYSE:FMC) has “Hold” rating given on Thursday, February 15 by Piper Jaffray. Goldman Sachs upgraded the shares of FMC in report on Monday, December 12 to “Buy” rating. Seaport Global Securities upgraded the shares of FMC in report on Monday, October 5 to “Buy” rating.

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