Caxton Associates LP Makes New Investment in FMC Co. (NYSE:FMC)

Caxton Associates LP bought a new position in FMC Co. (NYSE:FMC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,265 shares of the basic materials company's stock, valued at approximately $936,000.

A number of other large investors have also recently bought and sold shares of FMC. Barclays PLC boosted its position in FMC by 17.3% during the 3rd quarter. Barclays PLC now owns 310,378 shares of the basic materials company's stock valued at $20,465,000 after purchasing an additional 45,752 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in FMC during the 3rd quarter valued at approximately $58,000. GAMMA Investing LLC boosted its position in FMC by 115.0% during the 4th quarter. GAMMA Investing LLC now owns 1,976 shares of the basic materials company's stock valued at $96,000 after purchasing an additional 1,057 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in FMC by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 43,279 shares of the basic materials company's stock valued at $2,104,000 after acquiring an additional 313 shares in the last quarter. Finally, Czech National Bank raised its stake in FMC by 6.5% during the 4th quarter. Czech National Bank now owns 27,072 shares of the basic materials company's stock valued at $1,316,000 after acquiring an additional 1,645 shares in the last quarter. Institutional investors own 91.86% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Wells Fargo & Company cut their target price on FMC from $43.00 to $41.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Mizuho raised FMC from a "neutral" rating to an "outperform" rating and set a $49.00 target price on the stock in a research note on Friday, April 25th. UBS Group lifted their target price on FMC from $38.00 to $41.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Vertical Research raised FMC to a "hold" rating in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group initiated coverage on shares of FMC in a research note on Thursday, March 13th. They set a "buy" rating and a $51.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $49.46.

Insider Transactions at FMC

In other FMC news, Director Carol Anthony Davidson purchased 6,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average cost of $37.33 per share, with a total value of $223,980.00. Following the completion of the transaction, the director now owns 6,000 shares of the company's stock, valued at approximately $223,980. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ronaldo Pereira purchased 5,600 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $35.77 per share, for a total transaction of $200,312.00. Following the completion of the transaction, the insider now directly owns 48,837 shares of the company's stock, valued at $1,746,899.49. This trade represents a 12.95% increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is owned by insiders.

FMC Price Performance

Shares of FMC traded up $1.85 during midday trading on Monday, reaching $38.64. The stock had a trading volume of 985,196 shares, compared to its average volume of 2,043,918. The firm's 50 day moving average price is $39.39 and its 200-day moving average price is $47.22. The company has a market capitalization of $4.83 billion, a P/E ratio of 14.18, a P/E/G ratio of 1.90 and a beta of 0.80. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.64 and a quick ratio of 1.24. FMC Co. has a 52 week low of $32.83 and a 52 week high of $68.72.

FMC (NYSE:FMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The basic materials company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.10. The company had revenue of $791.40 million for the quarter, compared to analyst estimates of $783.70 million. FMC had a return on equity of 9.67% and a net margin of 8.03%. FMC's revenue for the quarter was down 13.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.36 earnings per share. On average, analysts forecast that FMC Co. will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date is Monday, June 30th. FMC's dividend payout ratio (DPR) is presently 88.55%.

FMC Company Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.