UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in FMC Co. (NYSE:FMC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in FMC Co. (NYSE:FMC - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,169,879 shares of the basic materials company's stock after buying an additional 39,809 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.94% of FMC worth $56,868,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FMC. Vanguard Group Inc. lifted its stake in FMC by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 15,291,878 shares of the basic materials company's stock worth $743,338,000 after purchasing an additional 180,766 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of FMC by 7.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,375,911 shares of the basic materials company's stock worth $212,714,000 after purchasing an additional 321,241 shares during the period. Invesco Ltd. raised its position in shares of FMC by 37.8% in the fourth quarter. Invesco Ltd. now owns 3,559,107 shares of the basic materials company's stock worth $173,008,000 after buying an additional 977,110 shares in the last quarter. Geode Capital Management LLC boosted its stake in FMC by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 2,995,691 shares of the basic materials company's stock valued at $145,452,000 after buying an additional 54,017 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in FMC by 44.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,286,177 shares of the basic materials company's stock valued at $111,131,000 after buying an additional 707,727 shares during the period. 91.86% of the stock is currently owned by institutional investors.

Insider Transactions at FMC

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

Analyst Ratings Changes

Several research firms have weighed in on FMC. UBS Group raised their price target on FMC from $38.00 to $41.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. BMO Capital Markets lowered their target price on shares of FMC from $62.00 to $50.00 and set a "market perform" rating on the stock in a research note on Wednesday, February 5th. Wall Street Zen cut shares of FMC from a "hold" rating to a "sell" rating in a research note on Saturday. Barclays lowered their price objective on shares of FMC from $65.00 to $48.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Finally, Morgan Stanley cut their target price on shares of FMC from $70.00 to $46.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $49.46.

FMC Stock Performance

Shares of NYSE FMC traded up $0.87 during trading on Tuesday, reaching $39.09. 1,577,471 shares of the company traded hands, compared to its average volume of 2,057,176. The firm has a 50 day simple moving average of $38.77 and a 200-day simple moving average of $45.36. FMC Co. has a 52-week low of $32.83 and a 52-week high of $68.55. The stock has a market capitalization of $4.88 billion, a PE ratio of 14.37, a P/E/G ratio of 1.90 and a beta of 0.80. The company has a quick ratio of 1.24, a current ratio of 1.64 and a debt-to-equity ratio of 0.67.

FMC (NYSE:FMC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The basic materials company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.10. FMC had a return on equity of 9.67% and a net margin of 8.03%. The company had revenue of $791.40 million during the quarter, compared to analysts' expectations of $783.70 million. During the same quarter in the prior year, the business earned $0.36 earnings per share. FMC's revenue for the quarter was down 13.8% compared to the same quarter last year. Equities research analysts anticipate that FMC Co. will post 3.48 earnings per share for the current year.

FMC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Monday, June 30th. FMC's payout ratio is 88.55%.

About FMC

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.