(NYSE:FCX) by 13.1% during the third quarter, Holdings Channel reports. A 7 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:HDS) or, if they already own its stock, sell it.
Freeport-McMoRan Inc. holds a total Debt Equity of 2.3 * with the Long Term Debt/Equity of 1.97 *. The stock grabbed 66 new institutional investments totaling 20,628,442 shares while 86 institutional investors sold out their entire positions totaling 9,946,422 shares. Park National Corp OH's holdings in Freeport-McMoRan were worth $1,324,000 as of its most recent filing with the SEC. Municipal Employees Retirement System of MI now owns 42,750 shares of the natural resource company's stock valued at $571,000 after acquiring an additional 3,130 shares in the last quarter. Freeport-McMoran Copper & Gold had 84 analyst reports since July 28, 2015 according to SRatingsIntel. OppenheimerFunds Inc. now owns 632,355 shares of the natural resource company's stock valued at $8,448,000 after acquiring an additional 263,504 shares in the last quarter. Finally, Swarthmore Group Inc. bought a new stake in Freeport-McMoRan during the second quarter valued at about $125,000. The analysts estimated EPS for the higher end at 0.54 and lower end at 0.27 while the year ago reported earnings per share was 0.2. Thrivent Financial For Lutherans grew its stake in Freeport-McMoran by 9.9% during the 1st quarter. The last close places the company's stock about $29.1 off its 52 week high of $69.4 and $4.45 above the 52 week low of $35.85. The overall volume in the last trading session was 15,652,531 shares.
TRADEMARK VIOLATION WARNING: "Toronto Dominion Bank Grows Stake in Freeport-McMoran, Inc". Note, this compares with a consensus analyst forecast of 0.28 in earnings per share for its next fiscal quarterly report. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & global trademark and copyright legislation. Freeport-McMoRan Inc. (NYSE:FCX) has a current Value Composite Score of 41.
In related news, COO Harry M. Iv Conger bought 36,180 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was purchased at an average cost of $15.23 per share, for a total transaction of $551,021.40. The 1 year EPS growth rate is 73.90%.
Parametrica Management Ltd decreased its stake in Icon Plc (ICLR) by 63.13% based on its latest 2017Q2 regulatory filing with the SEC. Contrarius Mngmt Ltd has invested 2.85% in Freeport-McMoRan Inc (NYSE:FCX). Deutsche Bank AG upgraded shares of Freeport-McMoRan from a "hold" rating to a "buy" rating and boosted their price target for the company from $12.00 to $12.50 in a report on Monday, October 3rd. The recent change has given its price a 2.02% lead over SMA 50 and -13.19% deficit over its 52-week high. Berenberg downgraded the shares of FCX in report on Wednesday, November 30 to "Sell" rating.
Quarterly Earnings Forecast Review: Regeneron Pharmaceuticals, Inc. (REGN)
Adage Capital Prtn Gru Ltd Co holds 0.07% of its portfolio in Regeneron Pharmaceuticals Inc (NASDAQ:REGN) for 58,010 shares. The stock of Travelers Companies Inc (NYSE:TRV) has "Hold" rating given on Thursday, August 17 by Keefe Bruyette & Woods.
Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The ROIC 5 year average is 0.120717 and the ROIC Quality ratio is 3.567996. Indexiq Advsrs Ltd Company invested 0.01% of its portfolio in Freeport-McMoRan Inc (NYSE:FCX). (NYSE FCX) traded up 1.01% during trading on Friday, hitting $14.96. About 8.92M shares traded. Freeport-McMoran, Inc. has a 52 week low of $9.85 and a 52 week high of $17.06. The stock now has Weekly Volatility of 2.29% and Monthly Volatility of 2.83%. More interesting news about Freeport-McMoRan Inc (NYSE:FCX) was released by: Seekingalpha.com and their article: "Freeport-McMoRan: Reversing Higher" with publication date: October 18, 2017.
In the transaction dated February 16, 2017, the great number of shares disposed came courtesy the VP & Controller Financial Rptg; Whitmire C Donald Jr disposed a total of 2,525 shares at an average price of $15.22, amounting to approximately $38,431. The company had revenue of $3.88 billion for the quarter, compared to analyst estimates of $3.95 billion. The firm's revenue was up 11.3% compared to the same quarter a year ago.
Freeport-McMoRan Inc (FCX) is a mining company.
Multiple company employees have indulged in significant insider trading. The Company's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. It is negative, as 72 investors sold FCX shares while 201 reduced holdings.