Freeport-McMoRan (FCX) Rating Reiterated by B. Riley

The institutional investor held 19,024 shares of the prepackaged software company at the end of 2017Q3, valued at $1.78M, up from 5,259 at the end of the previous reported quarter. As higher figure of institutional mostly indicates intentions of capital gain, which is suitable for passive investors as well stocks with a large amount of institutional ownership are often looked upon favorably. The stock decreased 0.15% or $0.09 during the last trading session, reaching $58.2. About 176,697 shares traded. Foot Locker, Inc. (NYSE:FL) has risen 0.29% since January 20, 2017 and is uptrending. It has underperformed by 5.63% the S&P500. Analysts have placed a $16.74 price target on Freeport-McMoRan Inc., suggesting a -13.71% decline from recent close. Par Capital Management Inc bought 245,000 shares as the company's stock declined 20.17% while stock markets rallied. The stock has a market cap of $28,083.24, a PE ratio of 26.97 and a beta of 2.53. The stock increased 2.01% or $0.39 during the last trading session, reaching $19.79. 22,640,000 shares of the stock traded hands, compared to its average volume of 20,610,000.

Freeport-McMoRan Inc. (FCX) stock price rose 27.3 percent over the past one year, while increased 47.98 percent during the past 6 months. It has underperformed by 9.87% the S&P500. Polar Ltd Liability Partnership owns 2.02 million shares. On Tuesday, August 8 the insider Goldman Roger sold $53,042. Another trade for 39,780 shares valued at $4.13M was sold by Hawkins Mark J. Deutsche Bank maintained the shares of FCX in report on Tuesday, September 13 with "Hold" rating. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 48% are positive. Crown Castle International Corp had 58 analyst reports since July 21, 2015 according to SRatingsIntel. Roth Capital has "Buy" rating and $112.0 target. The company was maintained on Monday, July 10 by Jefferies. (NYSE:REIT) on Tuesday, July 18 with "Buy" rating. FBR Capital maintained the stock with "Mkt Perform" rating in Friday, February 3 report. The rating was maintained by Stifel Nicolaus with "Hold" on Tuesday, August 29. The firm has "Buy" rating by BMO Capital Markets given on Wednesday, September 27. As per Monday, April 24, the company rating was maintained by Susquehanna. (NYSE:CRM) rating on Thursday, September 1. The firm has "Hold" rating given on Tuesday, January 12 by Jefferies. DA Davidson maintained it with "Neutral" rating and $75 target in Saturday, August 22 report. (NYSE:CRM) rating on Friday, August 18. (NYSE:CRM) has "Buy" rating given on Thursday, November 19 by Wunderlich.

Short interest is another tool that analysts use to gauge investor sentiment.

Since August 8, 2017, it had 0 buys, and 1 insider sale for $53,042 activity. It improved, as 15 investors sold ETM shares while 23 reduced holdings. 74 funds opened positions while 107 raised stakes. It also reduced its holding in Curtiss Wright Corp (NYSE:CW) by 5,775 shares in the quarter, leaving it with 185,545 shares, and cut its stake in Chemical Finl Corp (NASDAQ:CHFC). Spark Mgmt Lc accumulated 29,600 shares or 0.12% of the stock. Advantus Capital Mgmt Incorporated reported 136,135 shares or 0.05% of all its holdings. CAPITAL WORLD INVESTORS also announced increased position in Facebook, Inc. Sii Invests Wi holds 10,761 shares. Peddock Advisors reported 1,395 shares stake. Kbc Group Nv holds 170,591 shares. Ally Financial Incorporated owns 15,000 shares or 0.27% of their U.S. portfolio. Tokio Marine Asset Com Ltd has 0.08% invested in Salesforce.com, inc. Pub Employees Retirement System Of Ohio invested in 582,404 shares or 0.04% of the stock. Reilly Advisors Limited Liability owns 3 shares for 0% of their portfolio.


Investors sentiment decreased to 1.19 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 57 investors sold FCX shares while 214 reduced holdings. only 91 funds opened positions while 181 raised stakes. Deutsche Bank upgraded Freeport-McMoRan Inc.

FCX has been the topic of a number of other reports. (NYSE:FCX). Edge Wealth Mngmt Limited Liability Co holds 1,500 shares or 0.01% of its portfolio. The stock of Freeport-McMoRan Inc. (NYSE:FL) for 35,468 shares. Finally, Geode Capital Management LLC boosted its stake in Freeport-McMoran by 14.7% in the first quarter. The stock of Freeport-McMoRan Inc. (NYSE:FCX) for 33,500 shares. 0 analysts gave its stock an Outperform rating. (NYSE:FCX). Rocky Mountain Advisers Ltd Company holds 1,000 shares. Cmt Asset Limited invested in 0.01% or 11,653 shares. Moreover, Bedell Frazier Invest Counseling Limited has 2.95% invested in Freeport-McMoRan Inc. (NYSE:FCX) rating on Monday, May 16. This nets out to an increase of 253670 shares and is a bullish sign for FCX. Therefore 67% are positive. The firm has "Outperform" rating by Wells Fargo given on Wednesday, March 8. (NYSE:FCX) has "Equal Weight" rating given on Monday, May 2 by Barclays Capital. The company was downgraded on Wednesday, September 14 by Morgan Stanley. The rating was downgraded by Evercore on Tuesday, July 21 to "Hold". The firm earned "Hold" rating on Friday, January 12 by Hovde Group. Citigroup downgraded Freeport-McMoRan Inc.

Thompson Investment Management Inc, which manages about $2.99 billion and $536.27M US Long portfolio, upped its stake in General Elec Co (NYSE:GE) by 80,122 shares to 588,253 shares, valued at $14.22M in 2017Q3, according to the filing.

Related News:

  • AAP seeks time with President, says EC's recommendations unconstitutional

    AAP seeks time with President, says EC's recommendations unconstitutional

    Noting that the EC's order defied the "principles of natural justice", Bharadwaj said the poll panel did not hear the MLAs' side. Mishra claimed that he had witnessed Kejriwal taking Rs 2 crores in cash from another Delhi Minister Satyendra Jain .

    Discovery Communications, Inc. (DISCK) EPS Estimated At $0.50

    Taking current value along prior value is a smoothing technique similar to that used in calculating an exponential moving average. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months.
    South Africa protests to USA  embassy over Trump

    South Africa protests to USA embassy over Trump "shithole" remark

    Jackson said he will work with Trump to exercise more over the coming year, to eat better and lose between 10 and 15 pounds. Trump has experienced several recent episodes in which he appeared to slur his words, adding to concerns about his health.
  • North Korea abruptly cancels crucial Olympics preparation visit to South without explanation

    North Korea abruptly cancels crucial Olympics preparation visit to South without explanation

    It will be part of a North Korean Olympic delegation that will also include athletes, officials, state media reporters, a cheering group and a taekwondo demonstration team.
    Saudi intercepts another ballistic missile fired from Yemen

    Saudi intercepts another ballistic missile fired from Yemen

    Yemen's rial stood at 215 to the dollar in early 2015 but had dropped steadily to about 500 against the dollar this month . The move would include Saudi Arabia, a major buyer of German weapons.

    What's Comerica Incorporated (CMA) Upside After Making Record High?

    DA Davidson restated a "hold" rating and set a $100.00 price objective on shares of Comerica in a research note on Wednesday. Keybank Association Oh invested in 270,794 shares or 0.12% of the stock. 5,201 were accumulated by Natl Planning.
  • Russian Federation  says Iran nuclear deal can not  be saved without US

    Russian Federation says Iran nuclear deal can not be saved without US

    It was precisely on the DPRK that a greater commitment was needed to solve tensions on the Korean peninsula, he deemed. President Donald Trump has repeatedly criticized the JCPOA, calling it the "worst deal ever".

    EPS for JetBlue Airways Corporation (JBLU) Expected At $0.32

    Mariner Wealth Advsrs Lc holds 31,938 shares. 31,483 were accumulated by Rice Hall James And Assocs Limited Liability Corporation. The stock of JetBlue Airways Corporation (NASDAQ: JBLU ) has "Neutral" rating given on Wednesday, July 26 by Buckingham Research.

    MACOM Technology Solutions (MTSI) Upgraded to Buy by Zacks Investment Research

    The institutional investor owned 47,500 shares of the company's stock after buying an additional 500 shares during the period. The stock has a consensus rating of "Buy" and a consensus target price of $46.66. (NASDAQ:MTSI) rating on Tuesday, August 18.
  • Short Interest in Bank of America Corp (BAC) Drops By 7.3%

    Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 9.1 Percent. Ryan Frick increased its stake in Commscope Hldg Co Inc (COMM) by 7.5% based on its latest 2017Q3 regulatory filing with the SEC.
    EPL: Burnley vs Manchester United Match Updates

    EPL: Burnley vs Manchester United Match Updates

    Jesse Lingard has finally made that "step up" that he was expected to ever since he became a regular in the Man United first team. Mourinho's sense of urgency was justified with a unsafe set-piece header from Ben Mee being tipped over by David De Gea .
    Barcelona denies Antoine Griezmann deal reports

    Barcelona denies Antoine Griezmann deal reports

    The transfer will be completed only after Griezmann is back from the World Cup in Russian Federation , the report added. However, Barcelona later took the unusual step of releasing a statement to deny the reports from the Catalan newspaper.


Most liked

Trump gives health workers new religious liberty protections
But this gives little comfort to organizations like Lambda Legal , which works on behalf of the LGBTQ community. How frequently health care providers will file complaints on religious or moral grounds remains to be seen.

USA government shuts down over immigration impasse
In the early afternoon the U.S. president hosted the Democrat's top senator, Chuck Schumer , to a meeting in the White House. US President Donald Trump , who has a Republican majority in both houses of Congress, blamed the Democrats for the shutdown.

Halliburton Company (HAL) In State to Counters Short-Term Obligation
Keefe Bruyette & Woods maintained Union Bankshares Corporation (NASDAQ:UBSH) on Thursday, December 21 with "Buy" rating. Following the completion of the sale, the insider now directly owns 18,612 shares in the company, valued at $911,801.88.

ITC Ltd posts net profit of Rs. 3090.20 crores in Q3
Profit in the paperboards, paper and packaging segment rose 9% on higher volumes and import substitution. Revenue from FMCG business, including cigarettes, stood at Rs 7,500.97 crore.

Call of Duty: WW2 was the top-selling game of 2017
Call of Duty: WWII's latest limited-time event has been announced for PS4, Xbox One , and PC, and it looks like a big one. The Resistance Division also includes a new pistol, which can be used by all Divisions, the 9mm SAP pistol.

Trump vulgarity debate has become an 's-show,' senator says
When it came to talk of extending protections for Haitians, Durbin said Trump replied, "We don't need more Haitians'". President Donald Trump's overall health "is excellent" and he did "exceedingly well" on cognitive screening.

McDonald confirmed as Sinn Féin President-Elect at party gathering
The 69-year-old had last year told party delegates in a speech that he intended on stepping down in 2018. She is also the party's public expenditure and reform spokeswoman in the Republic of Ireland.

BTR Capital Management Inc. Sells 1265 Shares of Johnson & Johnson (NYSE:JNJ)
The company reported $1.90 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.80 by $0.10. For the quarter, shares have been noted at 4.75%. (NYSE:PNC) has risen 35.14% since January 20, 2017 and is uptrending.

Leicester City boss Claude Puel will consider permanent Aleksandar Dragovic move
Mahrez asked to leave Leicester in the summer but only Roma made firm offers, their final bid rising to £32 million. The 2015-16 Premier League champions have been linked with several players this month.

Trump Staff "Irrational" About Immigration: Senior Republican Senator
Trump made that declaration Sunday in the wake of his recent comments about Haiti and African countries. Dick Durbin, D-Chicago, "totally misrepresented" what he said during a meeting last week about DACA.

Trading Watch on Shares of Chatham Lodging Trust [Reit] (CLDT)
Greg Poole decreased its stake in Rlj Lodging Tr ( RLJ ) by 95.8% based on its latest 2017Q3 regulatory filing with the SEC. It dropped, as 61 investors sold USB shares while 441 reduced holdings. 164 funds opened positions while 273 raised stakes.

Shutdown deadline passes in US Senate
Worldwide ratings agency Fitch said a partial shutdown was unlikely to affect America's AAA/stable rating for USA sovereign debt. Republicans control Congress and the presidency but are moving to blame Senate Democratic leader Chuck Schumer for any shutdown.

United States government shuts down as midnight deadline passes
Trump tweeted that Democrats "wanted to give me a nice present" to mark the start of his second year in office. The Senate is scheduled to convene at noon, but it is unclear when senators might vote Saturday - if at all.

Air Force athletic events canceled due to government shutdown
The Oklahoma men's gymnastic team was scheduled to open its 2018 season with a meet in Colorado Springs, Colo., on Saturday. Navy, because the Naval Academy Athletic Association is separate from the United States Naval Academy.

Tom Brady Required Stitches on Hand Injury; No Fracture, Ligament Damage
The Patriots punched their ticket to the title game with a 35-14 drubbing of the Tennessee Titans. New England has advanced to the Super Bowl in three of the past six years.