FMC (FMC) “Hold” Rating Reaffirmed by Analysts at Piper Jaffray; With $74.0000 Target, Shorts at Meritor (MTOR) Lowered By 0.1%

July 17, 2017 - By Adrian Erickson

Among 26 analysts covering FMC Tech (NYSE:FMC), 16 have Buy rating, 1 Sell and 9 Hold. Therefore 62% are positive. FMC Tech has $85 highest and $31 lowest target. $58.44’s average target is -23.60% below currents $76.49 stock price. FMC Tech had 53 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, November 28 by Piper Jaffray. The stock of FMC Corp (NYSE:FMC) earned “Hold” rating by BMO Capital Markets on Friday, May 5. The firm has “Perform” rating given on Tuesday, January 12 by Oppenheimer. The company was upgraded on Thursday, July 23 by Jefferies. The stock of FMC Corp (NYSE:FMC) earned “Hold” rating by Deutsche Bank on Friday, July 31. The stock has “Neutral” rating by Macquarie Research on Wednesday, October 14. The rating was upgraded by Seaport Global Securities on Monday, October 5 to “Buy”. Guggenheim upgraded the stock to “Buy” rating in Monday, November 30 report. The rating was initiated by Credit Suisse on Friday, January 22 with “Outperform”. Seaport Global upgraded the stock to “Buy” rating in Monday, April 3 report.

Meritor Incorporated (NYSE:MTOR) had a decrease of 0.1% in short interest. MTOR’s SI was 6.80M shares in July as released by FINRA. Its down 0.1% from 6.81M shares previously. With 835,400 avg volume, 8 days are for Meritor Incorporated (NYSE:MTOR)’s short sellers to cover MTOR’s short positions. The SI to Meritor Incorporated’s float is 8.71%. The stock increased 0.67% or $0.12 on July 14, reaching $18.02. About shares traded. Meritor Inc (NYSE:MTOR) has risen 104.71% since July 17, 2016 and is uptrending. It has outperformed by 88.01% the S&P500.

Since May 12, 2017, it had 0 insider buys, and 5 selling transactions for $3.50 million activity. Powell William Howard sold 3,000 shares worth $218,196. $385,067 worth of stock was sold by DOUGLAS MARK on Thursday, June 8. $860,339 worth of FMC Corp (NYSE:FMC) was sold by Norris Eric on Tuesday, May 16. $1.08M worth of FMC Corp (NYSE:FMC) shares were sold by UTECHT ANDREA E.

FMC Corporation is a diversified chemical firm serving agricultural, consumer and industrial markets. The company has market cap of $10.20 billion. The Firm operates in three business divisions: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. It has a 44.29 P/E ratio. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides.

Analysts await FMC Corp (NYSE:FMC) to report earnings on August, 1 after the close. They expect $0.47 EPS, down 31.88% or $0.22 from last year’s $0.69 per share. FMC’s profit will be $62.67 million for 40.69 P/E if the $0.47 EPS becomes a reality. After $0.43 actual EPS reported by FMC Corp for the previous quarter, Wall Street now forecasts 9.30% EPS growth.

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.03, from 1.11 in 2016Q3. It turned negative, as 31 investors sold FMC Corp shares while 146 reduced holdings. 72 funds opened positions while 120 raised stakes. 116.96 million shares or 1.31% less from 118.51 million shares in 2016Q3 were reported. Pub Sector Pension Board holds 0.02% or 29,329 shares. Livforsakringsbolaget Skandia Omsesidigt reported 0.02% in FMC Corp (NYSE:FMC). Silvercrest Asset Management Gp invested in 0.24% or 379,804 shares. Aqr Capital Mgmt Ltd has invested 0% in FMC Corp (NYSE:FMC). Susquehanna Intll Group Ltd Liability Partnership reported 9,026 shares or 0% of all its holdings. 13,187 were reported by Advantus Cap. Ferguson Wellman Capital Management reported 11,626 shares stake. Tiaa Cref Invest Limited Com accumulated 0.02% or 419,104 shares. First Republic Investment Mngmt holds 0% in FMC Corp (NYSE:FMC) or 4,030 shares. Citadel Limited Liability Company holds 0.01% or 138,761 shares in its portfolio. D E Shaw & Incorporated invested in 14,548 shares or 0% of the stock. Sasco Cap Ct has 2.59% invested in FMC Corp (NYSE:FMC) for 1.83 million shares. 8,580 were accumulated by Alpha Windward Limited Liability. Stevens Mngmt L P stated it has 0.31% in FMC Corp (NYSE:FMC). Kbc Grp Nv has 41,834 shares for 0.02% of their portfolio.

The stock decreased 0.44% or $0.34 on July 14, reaching $76.49. About shares traded. FMC Corp (NYSE:FMC) has risen 62.57% since July 17, 2016 and is uptrending. It has outperformed by 45.87% the S&P500.

Since February 1, 2017, it had 1 buying transaction, and 8 insider sales for $3.18 million activity. 28,810 shares were sold by Nowlan Kevin, worth $477,572. Villavarayan Chris also sold $79,778 worth of Meritor Inc (NYSE:MTOR) on Wednesday, February 1. Plomin Joseph A. sold $14,711 worth of Meritor Inc (NYSE:MTOR) on Wednesday, February 1. EVANS IVOR J sold $2.41M worth of Meritor Inc (NYSE:MTOR) on Friday, February 3. On Wednesday, February 1 the insider Heffron Timothy J. sold $42,426. Speed Robert H. sold $54,558 worth of stock. NEWLIN WILLIAM R also bought $99,933 worth of Meritor Inc (NYSE:MTOR) on Monday, May 8.

Among 8 analysts covering Meritor (NYSE:MTOR), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Meritor had 14 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was upgraded by KeyBanc Capital Markets on Tuesday, February 21 to “Overweight”. Stifel Nicolaus upgraded the shares of MTOR in report on Thursday, January 26 to “Buy” rating. Barclays Capital maintained it with “Equal Weight” rating and $10.0 target in Tuesday, December 15 report. As per Tuesday, June 28, the company rating was downgraded by Piper Jaffray. Barclays Capital maintained it with “Equal-Weight” rating and $11 target in Wednesday, November 23 report. UBS maintained Meritor Inc (NYSE:MTOR) rating on Thursday, November 12. UBS has “Neutral” rating and $12 target. The firm has “Equal Weight” rating given on Thursday, March 23 by Barclays Capital. The rating was maintained by Barclays Capital on Monday, January 25 with “Equal Weight”. The firm has “Buy” rating given on Friday, August 14 by Longbow. RBC Capital Markets initiated Meritor Inc (NYSE:MTOR) on Monday, May 15 with “Outperform” rating.

Meritor, Inc. is a supplier of a range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation and industrial sectors. The company has market cap of $1.61 billion. The Company’s divisions include Commercial Truck & Industrial and Aftermarket & Trailer. It has a 2.9 P/E ratio. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency and other applications in North America, South America, Europe and Asia Pacific.

Investors sentiment increased to 1.33 in 2016 Q4. Its up 0.18, from 1.15 in 2016Q3. It increased, as 14 investors sold Meritor Inc shares while 52 reduced holdings. 42 funds opened positions while 46 raised stakes. 78.56 million shares or 0.47% less from 78.93 million shares in 2016Q3 were reported. Goldman Sachs Grp invested 0% in Meritor Inc (NYSE:MTOR). Hanson Mcclain Incorporated holds 0% or 246 shares. Moreover, Northern Trust has 0% invested in Meritor Inc (NYSE:MTOR). Morgan Stanley reported 1.74 million shares stake. The New York-based Tiaa Cref Inv Ltd has invested 0% in Meritor Inc (NYSE:MTOR). Federated Investors Pa has 0% invested in Meritor Inc (NYSE:MTOR). Pillar Pacific Cap Management Ltd Co holds 0.03% in Meritor Inc (NYSE:MTOR) or 17,200 shares. Metropolitan Life Insurance New York reported 59,654 shares. Swiss National Bank & Trust has 0% invested in Meritor Inc (NYSE:MTOR). Secor Capital Advsr Lp invested in 0.02% or 13,858 shares. Lpl Fin Limited Liability Com accumulated 79,079 shares. Paloma Partners Mgmt invested in 0.02% or 128,567 shares. Fifth Third State Bank owns 645 shares for 0% of their portfolio. First Heartland Consultants Inc reported 23,131 shares stake. Virginia-based Virginia Retirement Et Al has invested 0.01% in Meritor Inc (NYSE:MTOR).

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