Analyze Good and Bad Sides of: Freeport-McMoRan Inc. (FCX)

Riverpark Capital Management Llc who had been investing in Ulta Beauty Inc for a number of months, seems to be bullish on the $15.18 billion market cap company. The stock decreased 1.58% or $0.24 during the last trading session, reaching $14.97. About 5.76 million shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since May 1, 2017 and is uptrending. FCX outperformed the S&P500 by 29.65%. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. U S Global Investors Inc bought 23,300 shares as the company's stock rose 9.49% while stock markets declined. The natural resource company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.10), Bloomberg Earnings reports. Based on a recent trade, the shares are -24.89% away from the 52-week high and 37.65% from the 52-week low. HFF, Inc. (NYSE:HF) has risen 93.80% since May 1, 2017 and is uptrending. It has outperformed by 0.65% the S&P500.

Since January 31, 2018, it had 0 buys, and 1 sale for $419,125 activity.

Investors sentiment increased to 1.52 in Q4 2017. It has change of 0.08, from 2017Q3's 1.

Several hedge funds have recently bought and sold shares of FCX. It's up from 1.03 million at the end of the previous reported quarter. Raymond James Assoc holds 691,052 shares or 0.05% of its portfolio. Wedge Capital Mngmt L Ltd Partnership Nc has invested 0.35% in Legg Mason, Inc. Nordic American Tankers Limited (NAT) holds the market capitalization of $295.30M along with 155.42M outstanding shares. Fifth Third National Bank reported 0% in HFF, Inc. Da Davidson And Communications holds 0.08% or 207,547 shares in its portfolio. Institute For Wealth Mngmt invested 0.06% of its portfolio in Ulta Beauty, Inc. Ballew Advisors Inc acquired a new position in shares of Freeport-McMoRan in the 4th quarter valued at $190,000. Utah Retirement holds 0.01% of its portfolio in Legg Mason, Inc. (NYSE:FCX) for 11,755 shs. UBS raised their price objective on Freeport-McMoRan from $14.00 to $18.50 and gave the company a "neutral" rating in a report on Tuesday, March 6th. Utd Services Automobile Association owns 38,822 shares for 0.01% of their portfolio. Shaker Invs Ltd Co Oh holds 1,000 shares or 0.15% of its portfolio. (NYSE:FCX). Com Fincl Bank reported 17,290 shs stake. Bb&T Corp holds 13,658 shares. Stockholders of record on Friday, April 13th will be paid a $0.05 dividend. The Illinois-based Savant Limited Liability Corp has invested 0.07% in Freeport-McMoRan Inc.

This week, Freeport-McMoRan Inc. has posted -19.14% result with a current price of $15.21. Analysts are turning out to be more optimistic than before, with 7 of analysts who cover Freeport-McMoRan Inc. Therefore 0 are positive. Freeport-McMoran Copper & Gold had 105 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, December 11 the firm has "Hold" rating given by Morgan Stanley. The company was maintained on Monday, May 2 by RBC Capital Markets.

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Investors sentiment increased to 1.07 in 2017 Q4. 69,483 are owned by Amalgamated Bancshares. 550,000 are owned by Weiss Multi. It increased, as 66 investors sold TJX shares while 356 reduced holdings. 43 funds opened positions while 86 raised stakes.

Analytical Significance of Simple Moving Average for Freeport-McMoRan Inc. The firm has "Buy" rating given on Tuesday, October 3 by Jefferies. Keefe Bruyette & Woods has "Hold" rating and $3100 target.

TRADEMARK VIOLATION WARNING: "Freeport-McMoRan (FCX) Given Consensus Rating of "Hold" by Brokerages" was originally published by Macon Daily and is the sole property of of Macon Daily. (NYSE:LM), 7 have Buy rating, 3 Sell and 5 Hold. BMO Capital Markets maintained it with "Hold" rating and $1500 target in Tuesday, June 27 report. (NYSE:LM). Dumont Blake Inv Advsr reported 5,900 shares. Berenberg downgraded Freeport-McMoRan Inc. (NYSE:FCX) on Friday, September 18 with "Mkt Perform" rating. The firm has "Buy" rating by Deutsche Bank given on Tuesday, March 6.

Among 15 analysts covering Legg Mason Inc. (NYSE:MD) has "Hold" rating given on Wednesday, January 24 by Mizuho. Therefore 69% are positive. Proctor & Gamble had 89 analyst reports since August 4, 2015 according to SRatingsIntel. As per Friday, July 21, the company rating was maintained by Deutsche Bank. TheStreet raised Freeport-McMoRan from a "c" rating to a "b-" rating in a report on Thursday, January 25th. M Partners maintained MGIC Investment Corporation (NYSE:MTG) on Thursday, January 21 with "Buy" rating. The stock of The Procter & Gamble Company (NYSE:PG) has "Overweight" rating given on Thursday, October 29 by Barclays Capital. The ex-dividend date of this dividend is Thursday, April 12th. The rating was maintained by Keefe Bruyette & Woods on Wednesday, August 30 with "Buy".

Short interest is another tool that analysts use to gauge investor sentiment. Its down 0.08, from 1 in 2017Q3. It increased, as 20 investors sold LM shares while 88 reduced holdings. Homrich Berg stated it has 17,432 shares or 0.02% of all its holdings. (NYSE:FCX). Korea Investment Corp stated it has 1.10 million shs or 0.09% of all its holdings. Growth Mngmt Lp accumulated 25,000 shares. Pinebridge Investments Lp holds 12,275 shares. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low. Now it had 1.55M shares held by the institutional investor.

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