Universal Beteiligungs und Servicegesellschaft mbH Takes $5.38 Million Position in FMC Co. (NYSE:FMC)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in FMC Co. (NYSE:FMC - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 110,648 shares of the basic materials company's stock, valued at approximately $5,379,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.09% of FMC at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FMC. Golden State Wealth Management LLC purchased a new position in shares of FMC in the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its holdings in FMC by 217.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 746 shares of the basic materials company's stock valued at $36,000 after purchasing an additional 511 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in FMC during the fourth quarter valued at about $37,000. IFP Advisors Inc lifted its holdings in FMC by 65.3% during the fourth quarter. IFP Advisors Inc now owns 959 shares of the basic materials company's stock valued at $47,000 after purchasing an additional 379 shares during the last quarter. Finally, Principal Securities Inc. lifted its holdings in FMC by 34.7% during the fourth quarter. Principal Securities Inc. now owns 990 shares of the basic materials company's stock valued at $48,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 91.86% of the company's stock.

FMC Stock Up 3.3%

FMC stock traded up $1.29 on Friday, hitting $40.61. 3,834,856 shares of the stock traded hands, compared to its average volume of 2,029,587. FMC Co. has a 1 year low of $32.83 and a 1 year high of $68.55. The company has a current ratio of 1.64, a quick ratio of 1.24 and a debt-to-equity ratio of 0.67. The business's fifty day simple moving average is $38.67 and its 200 day simple moving average is $44.93. The firm has a market cap of $5.07 billion, a P/E ratio of 14.93, a price-to-earnings-growth ratio of 1.90 and a beta of 0.80.

FMC (NYSE:FMC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.10. FMC had a return on equity of 9.67% and a net margin of 8.03%. The firm had revenue of $791.40 million during the quarter, compared to the consensus estimate of $783.70 million. During the same period last year, the company earned $0.36 earnings per share. The company's revenue was down 13.8% on a year-over-year basis. As a group, sell-side analysts forecast that FMC Co. will post 3.48 earnings per share for the current year.

FMC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a $0.58 dividend. The ex-dividend date is Monday, June 30th. This represents a $2.32 annualized dividend and a yield of 5.71%. FMC's payout ratio is 88.55%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price target on shares of FMC from $43.00 to $41.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Redburn Atlantic cut shares of FMC from a "buy" rating to a "neutral" rating and set a $49.00 price objective on the stock. in a research report on Friday, February 14th. Barclays decreased 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. Vertical Research upgraded shares of FMC to a "hold" rating in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group started coverage on shares of FMC in a research report on Thursday, March 13th. They issued a "buy" rating and a $51.00 price objective on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $49.46.

Insider Buying and Selling

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

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.