40,357 Shares in FMC Co. (NYSE:FMC) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new position in shares of FMC Co. (NYSE:FMC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 40,357 shares of the basic materials company's stock, valued at approximately $1,962,000.

Other large investors also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in FMC during the fourth quarter valued at approximately $29,000. EverSource Wealth Advisors LLC raised its stake in shares of FMC by 217.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 746 shares of the basic materials company's stock worth $36,000 after purchasing an additional 511 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in shares of FMC in the 4th quarter valued at approximately $37,000. IFP Advisors Inc grew its stake in shares of FMC by 65.3% in the fourth quarter. IFP Advisors Inc now owns 959 shares of the basic materials company's stock valued at $47,000 after buying an additional 379 shares in the last quarter. Finally, Principal Securities Inc. increased 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 worth $48,000 after buying an additional 255 shares during the last quarter. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Stock Performance

Shares of FMC traded down $0.30 during mid-day trading on Monday, hitting $39.72. 133,699 shares of the company's stock were exchanged, compared to its average volume of 2,050,080. The company has a quick ratio of 1.24, a current ratio of 1.64 and a debt-to-equity ratio of 0.67. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 14.57, a price-to-earnings-growth ratio of 1.90 and a beta of 0.80. The stock's 50-day simple moving average is $39.16 and its 200-day simple moving average is $46.36. FMC Co. has a 52 week low of $32.83 and a 52 week high of $68.55.

FMC (NYSE:FMC - Get Free Report) last issued its earnings results on Wednesday, April 30th. The basic materials company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.08 by $0.10. The company had revenue of $791.40 million during the quarter, compared to analysts' expectations of $783.70 million. FMC had a net margin of 8.03% and a return on equity of 9.67%. The business'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 company earned $0.36 EPS. On average, equities research analysts expect that FMC Co. will post 3.48 EPS for the current year.

FMC Announces Dividend

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 issued a $0.58 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 5.84%. FMC's dividend payout ratio (DPR) is currently 88.55%.

Insider Buying and Selling at FMC

In other news, Director Carol Anthony Davidson purchased 6,000 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price 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 $223,980. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ronaldo Pereira bought 5,600 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $35.77 per share, with a total value of $200,312.00. Following the purchase, 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 ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FMC shares. Royal Bank of Canada cut shares of FMC from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from $78.00 to $47.00 in a report on Wednesday, February 5th. Citigroup raised their price objective on FMC from $55.00 to $61.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. BMO Capital Markets reduced their target price on FMC from $62.00 to $50.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Wells Fargo & Company decreased their target price on FMC from $43.00 to $41.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Finally, KeyCorp raised their price target on FMC from $49.00 to $53.00 and gave the company an "overweight" rating in a report on Friday, May 2nd. One 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. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $49.46.

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.