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.

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