The hedge fund run by Noam Gottesman held 71,072 shares of the basic industries company at the end of 2017Q4, valued at $1.35 million, down from 2.06 million at the end of the previous reported quarter. Kensico Capital Management Corp who had been investing in Ebay Inc for a number of months, seems to be bullish on the $39.65B market cap company. The stock has a market capitalization of $26,133.58, a price-to-earnings ratio of 14.13 and a beta of 2.42. About 634,264 shares traded. It has underperformed by 65.90% the S&P500.
Nikko Asset Management Americas Inc increased Freeport (FCX) stake by 79.4% reported in 2017Q4 SEC filing. Nationwide Fund Advisors now owns 510,010 shares of the natural resource company's stock worth $7,161,000 after purchasing an additional 135,759 shares during the last quarter. BRENNEMAN GREGORY D had bought 16,827 shares worth $3.00M.
Freeport-McMoRan Inc. engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile.The company has $25.87 billion market cap. About 9.71M shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since April 15, 2017 and is uptrending. FCX outperformed by 29.65% the S&P 500.
FCX registered $419,125 net activity with 0 insider buys and 1 insider sale since January 31, 2018. World Asset Management Inc invested 0.08% of its portfolio in Freeport-McMoRan Inc. Concourse Capital Mngmt Ltd reported 222,608 shs.
Among 23 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 13 Hold. Therefore 41% are positive.
Freeport-McMoRan Inc.'s Average Earnings Estimate for the current quarter is $0.56, according to consensus of 17 analysts. On Monday, January 22 IBC downgraded the shares of FCX in report to "Neutral" rating. On Friday, September 11 the stock rating was initiated by Gabelli with "Buy". The rating was maintained by Barclays Capital on Tuesday, January 12 with "Equal Weight". Berenberg maintained Freeport-McMoRan Inc. The rating was maintained by Stifel Nicolaus on Tuesday, February 6 with "Hold". The rating was upgraded by Deutsche Bank to "Buy" on Monday, January 25. On Monday, December 18 the stock rating was maintained by BMO Capital Markets with "Hold". The rating was downgraded by CLSA to "Sell" on Thursday, March 31. As per Wednesday, June 21, the company rating was maintained by Oppenheimer.
Investors sentiment decreased to 0.92 in Q4 2017. Its up 0.68, from 1.18 in 2017Q3. 78 funds acquired holdings and 182 increased holdings. 60,000 shares were sold by PITTMAN RAYMOND J, worth $2.62 million. Td Asset Management Inc stated it has 0% in Santander Consumer USA Holdings Inc. Illinois-based Oakbrook Invs Ltd Llc has invested 0.11% in Freeport-McMoRan Inc. (NYSE:FCX). Amp Capital invested in 992,653 shs or 0.1% of the stock. 820,804 are owned by Voya Investment Mngmt Ltd Llc. Sg Americas Ltd Liability Corporation holds 497,795 shares or 0.09% of its portfolio. Currently, the 200-day MA for Freeport-Mcmoran Inc (FCX) is sitting at 15.97. (NYSE:FCX). Dreman Value L L C reported 31,348 shares stake. On Monday, October 23 the stock of Freeport-McMoRan Inc. Connecticut-based Northeast Fincl Consultants has invested 0.23% in Freeport-McMoRan Inc. Mufg Americas Hldgs Corp holds 0% in Freeport-McMoRan Inc. Ssi Inv Management holds 4,127 shares or 0.08% of its portfolio. (NYSE:FCX) to report earnings on April, 24. Aviance Cap Management Limited Com reported 73 shares. 338,204 were reported by Ahl Partners Limited Liability Partnership. Lazard Asset Limited has invested 0.02% in The Home Depot, Inc. Tcw Incorporated accumulated 5.50M shares. Cetera Advisors Ltd Company reported 99,879 shs. They expect $0.60 earnings per share, up 300.00% or $0.45 from last year's $0.15 per share. If $0.60 is reported, FCX's profit will hit $868.71M for 7.45 P/E. 17.65 % EPS growth is what analysts predict. $0.51 EPS was revealed for last [previous quarter].
Since December 7, 2017, it had 2 buys, and 5 sales for $36.57 million activity.
Investors sentiment decreased to 0.92 in Q4 2017. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported. It worsened, as 153 investors sold GE shares while 921 reduced holdings. 123 funds opened positions while 603 raised stakes. River & Mercantile Asset Llp holds 1.04% or 488,190 shares. The Relative Volume value measured for Delta Air Lines, Inc. stands at 1.25. Harvest Mgmt Limited Liability holds 0.2% of its portfolio in Apple Inc. Liquidity allows an investor to enter and exit a stock at a good price (i.e. tight spreads, or the difference between the bid and ask price of a stock, and low slippage, or the difference between the predictable price of a trade and the actual price). Neuberger Berman Gp Limited Company has 70,656 shares. Grace White Ny stated it has 0.08% of its portfolio in General Electric Company (NYSE:GE). Similarly, the Value Composite One (VC1) is a method that investors use to determine a company's value. Canandaigua Bank And Tru reported 116,214 shares or 0.4% of all its holdings. On Tuesday, April 3 the firm earned "Hold" rating by RBC Capital Markets. Rackspace had 30 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, August 11, the company rating was maintained by RBC Capital Markets. Royal Bank of Canada raised their price objective on Freeport-McMoRan to $22.00 and gave the company a "sector perform" rating in a research report on Monday, March 12th. (NYSE:FCX) earned "Hold" rating by Morgan Stanley on Monday, December 11. The firm earned "Underweight" rating on Wednesday, May 4 by JP Morgan. On Wednesday, October 4 the stock rating was maintained by Jefferies with "Buy". "Buy" rating has 3, "Sell" are 1, while 8 are "Hold". The firm has "Buy" rating given on Tuesday, February 13 by BTIG Research.