Freeport-McMoRan (NYSE:FCX) Earning Somewhat Positive News Coverage, Report Finds

The institutional investor held 1,368 shares of the capital goods company at the end of 2017Q3, valued at $465,000, down from 48,334 at the end of the previous reported quarter. Broadview Advisors Llc who had been investing in Masco Corp for a number of months, seems to be less bullish one the $14.39 billion market cap company. Its last month's stock price volatility remained 3.03% which for the week stands at 3.16%. About 14.19M shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since January 13, 2017 and is downtrending. Hodges Capital Management Inc. raised its position in Freeport-McMoran by 14.1% in the fourth quarter. U S Global Investors Inc sold 1,340 shares as the company's stock declined 21.33% while stock markets rallied. The company has market cap of $28.59 billion. The stock increased 0.15% or $0.03 during the last trading session, reaching $19.91. Freeport-McMoRan Inc has a one year low of $11.05 and a one year high of $20.07. It has underperformed by 21.77% the S&P500.

Investors sentiment is 1 in Q3 2017. Its up 0.03, from 1.27 in 2017Q2. New York State Teachers Retirement Sys invested in 14.61 million shares or 0.88% of the stock. 60 funds opened positions while 165 raised stakes. Australia-based Macquarie Grp Incorporated Ltd has invested 0% in Stratasys Ltd. (NASDAQ:SSYS). Banque Pictet And Cie stated it has 0.03% in Freeport-McMoRan Inc. Moreover, Wells Fargo Communications Mn has 0% invested in Mattersight Corporation (NASDAQ:MATR). White Pine Lc holds 99,033 shares or 0.01% of its portfolio. Merriman Wealth Management Limited Liability Co reported 17,387 shares. Thompson Siegel And Walmsley Ltd Com has 0% invested in Stratasys Ltd. (NASDAQ:SSYS). The Massachusetts-based Liberty Mutual Gru Asset Management has invested 0.04% in Freeport-McMoRan Inc. (NASDAQ:TSLA). Vident Invest Advisory holds 1,032 shares. Howe Rusling stated it has 0% in Mattersight Corporation (NASDAQ:MATR). Voya Investment Lc stated it has 0% of its portfolio in Stratasys Ltd. (NASDAQ:SSYS).

Dekabank Deutsche Girozentrale, which manages about $12.83B US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 13,710 shares to 222,801 shares, valued at $81.05M in 2017Q3, according to the filing. Vetr raised shares of Freeport-McMoran from a "hold" rating to a "buy" rating and set a $16.04 price objective for the company in a research note on Wednesday, January 18th. Therefore 22% are positive. Mattersight had 3 analyst reports since November 5, 2015 according to SRatingsIntel.

Among 28 analysts covering Target Corporation (NYSE:TGT), 8 have Buy rating, 3 Sell and 17 Hold. Zacks upgraded the shares of FCX in report on Tuesday, September 1 to "Strong Sell" rating. The firm has "Hold" rating given on Wednesday, February 3 by Argus Research. (NYSE:FCX). Tsp Capital Mngmt Limited Liability Company reported 303,550 shares. The firm has "Hold" rating given on Tuesday, August 25 by Zacks. FBR Capital initiated the shares of SSYS in report on Tuesday, May 24 with "Outperform" rating. Jefferies has "Buy" rating and $14.5000 target. The rating was maintained by Jefferies with "Hold" on Thursday, August 31. The stock of Masco Corporation (NYSE:MAS) earned "Buy" rating by RBC Capital Markets on Monday, October 9. The firm earned "Underweight" rating on Wednesday, September 13 by Barclays Capital.

Freeport-McMoRan Inc. has a consensus hold rating from 23 Wall Street analysts, and the number of shares now sold short amount to at least 2.51% of shares outstanding. Therefore 29% are positive. IHT Wealth Management LLC lifted its stake in Freeport-McMoRan by 27.1% during the second quarter. The stock has "Sector Perform" rating by iBERIA on Wednesday, March 9. The rating was upgraded by RBC Capital Markets to "Outperform" on Thursday, June 22. The stock of Freeport-McMoRan Inc. The consensus rating is 2.5, suggesting the market has given up on the stock. The firm earned "Neutral" rating on Thursday, August 18 by Wedbush. The firm has "Neutral" rating given on Friday, January 8 by Macquarie Research. FBR Capital maintained the stock with "Mkt Perform" rating in Monday, May 1 report. FCX has a 1-week performance of 0.71%.

Since August 21, 2017, it had 0 insider buys, and 1 insider sale for $15,435 activity.

Investors sentiment is 1 in 2017 Q3. Its the same as in 2017Q2.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Thrivent Fin For Lutherans reported 54,451 shares or 0% of all its holdings. It improved, as 76 investors sold LOW shares while 406 reduced holdings. Ironwood Ltd Limited Liability Company accumulated 0.01% or 829 shares. Indexiq Advsrs Ltd Liability holds 0.1% or 160,624 shares in its portfolio. Mason Street Advisors Limited Liability Co has 0.06% invested in Freeport-McMoRan Inc. Stratos Wealth Prtn Limited accumulated 42,666 shares or 0.03% of the stock.

Freeport-McMoRan Inc. (FCX) opened the session with a $19.64 price tag, later ranging from $19.37 to $19.94, the range at which the stock has traded at throughout the day. (NYSE:FCX) for 71,031 shares. After $0.34 actual earnings per share reported by Freeport-McMoRan Inc. for the previous quarter, Wall Street now forecasts 26.47% EPS growth.

Freeport-McMoRan (NYSE:FCX) last issued its earnings results on Wednesday, October 25th. Freeport-McMoRan had a return on equity of 13.35% and a net margin of 6.20%. (NYSE:FCX) for 353,838 shares. Deutsche Bank downgraded Freeport-McMoRan Inc. Blackstone Gp Inc Limited Partnership has 863,034 shares. Impala Asset Management Llc holds 2.42% of its portfolio in Freeport-McMoRan Inc.

Freeport-McMoRan Inc. engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. Polar Capital Ltd Liability Partnership holds 2.02M shares or 0.32% of its portfolio.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related News:

  • CES Tech Conference Hit with Major Power Outage

    CES Tech Conference Hit with Major Power Outage

    The blackout has impacted the convention center's North Hall, as well, leaving only the South Hall fully operational. The issue has reportedly been resolved and power is expected to be restored to the Central Hall in ~25 minutes.
    3.3 million faulty air bags that can explode recalled

    3.3 million faulty air bags that can explode recalled

    The Japanese air bag maker is recalling frontal air bags in certain 2009, 2010 and 2013 cars by at least 15 automakers. The Japanese company Takata is expanding its air bag recall to include another 3.3 million faulty inflators.
    Google says it sold over 6 million Home speakers since mid-October

    Google says it sold over 6 million Home speakers since mid-October

    Amazon and Google are now vying to produce the best smart speakers and assistants in the hopg of dominating the booming market. According to data from independent technology analysis company Canalys , almost 35 million smart speakers shipped in 2017.
  • SC: National anthem not mandatory in cinema halls

    SC: National anthem not mandatory in cinema halls

    A three-judge bench comprising Chief Justice Justice Deepak Mishra, Justice AM Khan Khanwalkar and Justice D last month October. A final call can be taken on the issue once a ministerial panel comes up with its guidelines on this, the government has said.
    About 3700 people arrested during Iran protests, legislator says

    About 3700 people arrested during Iran protests, legislator says

    Tehran and Washington have engaged in a fiery exchange of words over U.S. use of social media to encourage Iranians to protest. United States officials had put the number held at 1,000.
    Intel CEO share dump 'unrelated' to processor flaws

    Intel CEO share dump 'unrelated' to processor flaws

    While Intel shares took a hit from yesterday's revelation, they continue to trade higher than where Krzanich sold last November. The stock dump came about a month before news of the Meltdown and Spectre security vulnerabilities became public this week.
  • San Angelo not spared from widespread flu cases across Texas

    San Angelo not spared from widespread flu cases across Texas

    In Greater Williamsburg, about 80 percent of the cases have been a less severe strain of flu called "H1", Berg said. On Monday, the department said that one person - a 56-year-old woman - had died of the flu in the county .
    Ice cream bars recalled over listeria sold at Aldi, Kroger and Meijer

    Ice cream bars recalled over listeria sold at Aldi, Kroger and Meijer

    No illnesses have been reported to date, according to the FDA, but testing showed positive results for listeria after October 31. The products made by Fieldbrook Foods Corporation have different branding depending on the store that their being sold.
    Steyn won't bowl further in first Test, could miss rest of series

    Steyn won't bowl further in first Test, could miss rest of series

    Steyn is not going to bowl in the match, but may bat if needed. "In fact, we'd probably like him to be non-weight bearing". It is important to note that this unfortunate injury was freakish because of the way he landed in the footholes.
  • Martin Luther King Jr. Week

    Martin Luther King Jr. Week

    The Henry County NAACP will kick off its celebrations with a prayer breakfast at 10 a.m. on Saturday. An exhibit as part of Aurora's annual commemoration events in honor of Martin Luther King, Jr.
    Nikki Haley addresses Iran protests, North Korea at United Nations

    Nikki Haley addresses Iran protests, North Korea at United Nations

    Ambassador to the United Nations Nikki Haley said on Tuesday. "We all know that is complete nonsense", Haley said on Tuesday. During her speech, Haley further pressed the worldwide community to support the Iranian people.
    America Ferrera and husband Ryan Piers Williams are having a baby

    America Ferrera and husband Ryan Piers Williams are having a baby

    We got engaged and then left for Iraq the next day", she revealed. They met as students at the University of Southern California .


Most liked

Detective Pikachu US release confirmed with a giant amiibo
Another reward for patient fans will be the absurdly large special edition Detective Pikachu amiibo coming out alongside the game. Developed by Creatures Inc, Detective Pikachu is a puzzle-solving adventure featuring Pikachu as the titular character.

Seahawks fire OL coach Tom Cable
The trademark running game over the past two seasons has withered, a span that coincides with the departure of Marshawn Lynch. They managed just one rushing touchdown from a running back all season and Wilson finished as the team's leading rusher.

Krrish 4 announced on Hrithik Roshan's birthday!
The 68-year-old filmmaker has announced the release date of his most ambitious project " Krrish 4 ". With the release date, we are eagerly excited to know every bit of Krrish 4 .

Louisiana woman dies from flesh-eating bacteria after eating raw oysters
Duc Vugia, chief of the Infectious Diseases Branch at the California Department of Public Health , on a CDC podcast in 2013. Now both Bergquist and Bowers are raising awareness about vibrio , saying they wish they would have known the risks.

Nvidia announces Big Format Gaming Display (BFGD)
Additionally, Nvidia's streaming tech, Shield, is built right into the display without the need for a separate unit. Once you've played games on a 144Hz or higher refresh rate display, going back to 60Hz can be painful.

After Muslims reject saffron, Lucknow Haj House to repainted in white
The boundary walls of Uttar Pradesh Haj House in Lucknow were painted saffron by the state government. The repainted wall of the Haj office on Saturday.

Nicole Kidman Joins Instagram And Uses First Post To Celebrate 'Time's Up'
Keith Urban and Nicole Kidman attended the 2018 Golden Globes together on Sunday night (Jan. 7). "Wow, the power of women".

Hoping for a new start, Britain's May appoints new Conservative Party head
And Conservative Party HQ even went as far as announcing Grayling in the role before backtracking and confirming Lewis instead. The error comes after the party's website collapsed just as the Prime Minister embarked on a major shake-up of her top team.

Svitolina wins Brisbane; Kyrgios beats Dimitrov in semis
The Australian's world ranking will improve to 18 after reaching the Brisbane final and will climb to 17 if he claims the title. Nick Kyrgios will play Ryan Harrison in the Brisbane International final .

"Acer announces their latest 11" Chromebook ahead of CES 2018
The high-dynamic range (HDR) camera produces clear and brighter photos as well as video for Google Hangouts and webchats. Actual battery life varies depending on product specifications, computer settings and applications or features launched.

One killed, one injured in explosion in Sweden
A bomb squad is now on the scene, combing the station for additional explosives. "Someone has used some kind of explosive". He died after being taken to hospital and a 45-year-old woman also suffered minor wounds to her face and both legs.

Macy's closing its downtown Cincinnati store
Investors reacted to the news by driving Macy's stock price down by more than 5 percent to $23.44 in the first hour of trading. Macy's said its same-store sales rose 1% in November and December from a year earlier, while Penney reported a 3.4% increase.

Sears at Boca Town Center Ready to Close
It has closed more than 1,000 stores in the past few years, including Kmarts in Fayetteville and Goldsboro last year. However, the challenges also present opportunity for landlords to bring in new tenants and redevelop spaces.

Senator Orrin Hatch Announces Plan to Retire
Hatch's announcement came only days after the Republican tax plan that he helped to craft got signed into law. In contrast, Romney carried Utah with almost 73 percent of the vote in the 2012 presidential election.

Mariah Carey got her redemption with a fabulous New Year's Eve performance
She opened with " Vision of Love ", which wasn't great, but considering the wind chill, she gets a pass. She had technical difficulties during a live performance of her 1991 hit Emotions.