Leeward Investments LLC MA Has $8.74 Million Holdings in FMC Co. (NYSE:FMC)

Leeward Investments LLC MA cut its stake in shares of FMC Co. (NYSE:FMC) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 179,847 shares of the basic materials company’s stock after selling 7,576 shares during the period. Leeward Investments LLC MA owned about 0.14% of FMC worth $8,742,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Commerce Bank grew its holdings in FMC by 3.7% during the 3rd quarter. Commerce Bank now owns 5,135 shares of the basic materials company’s stock worth $339,000 after acquiring an additional 183 shares during the period. WP Advisors LLC grew its holdings in FMC by 3.3% during the 4th quarter. WP Advisors LLC now owns 6,193 shares of the basic materials company’s stock worth $301,000 after acquiring an additional 200 shares during the period. International Private Wealth Advisors LLC grew its holdings in FMC by 3.8% during the 4th quarter. International Private Wealth Advisors LLC now owns 5,604 shares of the basic materials company’s stock worth $272,000 after acquiring an additional 205 shares during the period. Blue Trust Inc. grew its holdings in FMC by 9.9% during the 4th quarter. Blue Trust Inc. now owns 2,620 shares of the basic materials company’s stock worth $127,000 after acquiring an additional 236 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in shares of FMC by 90.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 517 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 246 shares in the last quarter. 91.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Mizuho cut their price objective on shares of FMC from $70.00 to $55.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Vertical Research raised shares of FMC to a “hold” rating in a research report on Wednesday, February 5th. UBS Group cut shares of FMC from a “buy” rating to a “neutral” rating and dropped their price target for the company from $66.00 to $38.00 in a research report on Friday, February 7th. Redburn Atlantic cut shares of FMC from a “buy” rating to a “neutral” rating and set a $49.00 price target on the stock. in a research report on Friday, February 14th. Finally, StockNews.com cut shares of FMC from a “buy” rating to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $52.23.

Insiders Place Their Bets

In other FMC news, EVP Michael Finian Reilly sold 2,958 shares of FMC stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $55.25, for a total value of $163,429.50. Following the completion of the sale, the executive vice president now directly owns 25,468 shares of the company’s stock, valued at approximately $1,407,107. The trade was a 10.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.85% of the stock is owned by corporate insiders.

FMC Stock Up 0.3 %

FMC stock opened at $38.30 on Friday. The stock’s fifty day simple moving average is $47.97 and its 200-day simple moving average is $56.76. The firm has a market capitalization of $4.78 billion, a P/E ratio of 14.08, a P/E/G ratio of 1.90 and a beta of 0.84. FMC Co. has a twelve month low of $33.80 and a twelve month high of $68.72. The company has a current ratio of 1.64, a quick ratio of 1.24 and a debt-to-equity ratio of 0.67.

FMC (NYSE:FMC) last announced its earnings results on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%. As a group, equities analysts expect that FMC Co. will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.58 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.32 annualized dividend and a yield of 6.06%. FMC’s payout ratio is currently 85.29%.

FMC 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.