Could Fmc Corporation (NYSE:FMC) Change Direction After More Shorts?

FMC Corporation (NYSE:FMC) Logo

Investors sentiment increased to 1.06 in 2018 Q2. Its up 0.04, from 1.02 in 2018Q1. It is positive, as 39 investors sold FMC Corporation shares while 156 reduced holdings. 62 funds opened positions while 144 raised stakes. 116.30 million shares or 2.09% more from 113.92 million shares in 2018Q1 were reported.
M&T Savings Bank has invested 0.06% in FMC Corporation (NYSE:FMC). Cleararc Capital Inc accumulated 3,441 shares. Putnam Lc holds 130,773 shares. American Century invested in 0.05% or 571,753 shares. Illinois-based Northern Trust has invested 0.05% in FMC Corporation (NYSE:FMC). Lord Abbett & Co Llc has 363,512 shares for 0.09% of their portfolio. California State Teachers Retirement Sys invested in 0.04% or 226,580 shares. King Luther Cap Management Corp accumulated 2.48 million shares. Brinker Capital, Pennsylvania-based fund reported 7,282 shares. United Capital Financial Advisers Lc accumulated 2,975 shares. Pub Employees Retirement Of Ohio owns 281,305 shares. Citigroup invested 0.03% of its portfolio in FMC Corporation (NYSE:FMC). Neuberger Berman Group Ltd Liability Corporation has invested 0% in FMC Corporation (NYSE:FMC). Washington Mgmt holds 23,225 shares. Shellback L P invested 1.22% in FMC Corporation (NYSE:FMC).

Since June 6, 2018, it had 1 insider purchase, and 1 sale for $100,727 activity. The insider DOUGLAS MARK sold $201,746. Kempthorne Dirk A had bought 1,173 shares worth $101,019.

The stock of Fmc Corporation (NYSE:FMC) registered an increase of 1.36% in short interest. FMC’s total short interest was 3.98M shares in December as published by FINRA. Its up 1.36% from 3.92M shares, reported previously. With 832,700 shares average volume, it will take short sellers 5 days to cover their FMC’s short positions. The short interest to Fmc Corporation’s float is 3.17%.

The stock decreased 2.97% or $2.45 during the last trading session, reaching $80.08. About 1.09M shares traded. FMC Corporation (NYSE:FMC) has declined 7.16% since December 8, 2017 and is downtrending. It has underperformed by 22.78% the S&P500.

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company has market cap of $10.78 billion. The firm operates through three divisions: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. It has a 10.8 P/E ratio. The FMC Agricultural Solutions segment develops, makes, and sells crop protection chemicals, such as insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.

FMC Corporation (NYSE:FMC) Ratings Coverage

Among 4 analysts covering FMC (NYSE:FMC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. FMC had 4 analyst reports since July 11, 2018 according to SRatingsIntel. Loop Capital maintained it with “Buy” rating and $118 target in Friday, November 9 report. The company was maintained on Wednesday, July 11 by Nomura. Citigroup maintained it with “Buy” rating and $92 target in Tuesday, November 6 report.

More notable recent FMC Corporation (NYSE:FMC) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For November 14, 2018 – Benzinga” on November 14, 2018, also Gurufocus.com with their article: “Phil Fisher: When to Buy Stocks – GuruFocus.com” published on December 06, 2018, Seekingalpha.com published: “Tracking Larry Robbins’ Glenview Capital Management Portfolio – Q3 2018 Update – Seeking Alpha” on November 24, 2018. More interesting news about FMC Corporation (NYSE:FMC) were released by: Seekingalpha.com and their article: “FMC hikes dividend, sets $1B stock buyback, outlines five-year strategic plan – Seeking Alpha” published on December 03, 2018 as well as Zacks.com‘s news article titled: “FMC Hikes Dividend, Declares New Share Repurchase Program – Zacks.com” with publication date: December 05, 2018.

FMC Corporation (NYSE:FMC) Institutional Positions Chart

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