As Fmc (FMC) Stock Declined, Holder Lapides Asset Management Has Trimmed Position by $974,400; As Constellium Nv (CSTM) Market Valuation Declined, Contrarian Capital Management Lifted Stake

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Lapides Asset Management Llc decreased its stake in Fmc Corp (FMC) by 12.17% based on its latest 2018Q3 regulatory filing with the SEC. Lapides Asset Management Llc sold 11,200 shares as the company’s stock declined 3.30% with the market. The institutional investor held 80,800 shares of the major chemicals company at the end of 2018Q3, valued at $7.04 million, down from 92,000 at the end of the previous reported quarter. Lapides Asset Management Llc who had been investing in Fmc Corp for a number of months, seems to be less bullish one the $11.31B market cap company. The stock increased 2.10% or $1.73 during the last trading session, reaching $83.99. About 417,941 shares traded. FMC Corporation (NYSE:FMC) has declined 10.04% since February 13, 2018 and is downtrending. It has underperformed by 10.04% the S&P500. Some Historical FMC News: 02/05/2018 – FMC Corporation Sees FY Adj EPS $5.90-Adj EPS $6.20; 03/05/2018 – FMC CORP SAYS LITHIUM CUSTOMERS INCREASINGLY SEEKING LONG-TERM SUPPLY COMMITMENTS – CEO; 19/04/2018 – CHINA CITY INFRASTRUCTURE – REGISTERED CAPITAL OF FMC IS RMB50 MLN; UNIT, CITIC ZHENG YE AND BEIJING HUA BIN CONTRIBUTES 24%, 51%, 25% OF STAKES; 09/03/2018 – Pierre Brondeau Will Continue to Lead FMC Corp. as President, CEO and Chairman; 04/05/2018 – Massachusetts Financial Services Exits Position in FMC; 26/03/2018 – Albemarle CEO Says FMC Lithium Spinoff Could Spur Asset Sales; 29/03/2018 – FMC EXPECTS 1Q ADJ. EPS TO EXCEED HIGH END OF GUIDANCE RANGE; 05/04/2018 – Soda Ash: 2018 World Market Outlook and Forecast up to 2022 Featuring Solvay Chemicals, Tata Chemicals, FMC Wyoming, Tangshan Sanyou & Shandong Haihua – ResearchAndMarkets.com; 29/03/2018 – FMC Gives Update on Expected Performance for First Quarter and Full Year 2018 Ahead of Scheduled Meeting with Investors; 19/04/2018 – FMC Corp Presenting at Wells Fargo Industrials Conference May 9

Contrarian Capital Management Llc increased its stake in Constellium Nv (CSTM) by 12.03% based on its latest 2018Q3 regulatory filing with the SEC. Contrarian Capital Management Llc bought 39,929 shares as the company’s stock declined 28.42% with the market. The hedge fund held 371,804 shares of the metal fabrications company at the end of 2018Q3, valued at $4.59M, up from 331,875 at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Constellium Nv for a number of months, seems to be bullish on the $1.22B market cap company. The stock increased 1.68% or $0.15 during the last trading session, reaching $9.09. About 458,536 shares traded. Constellium N.V. (NYSE:CSTM) has declined 21.68% since February 13, 2018 and is downtrending. It has underperformed by 21.68% the S&P500. Some Historical CSTM News: 17/05/2018 – Constellium to expand operations in Decin, Czech Republic, to increase casting, recycling and extrusion capacity of aluminium profiles; 17/05/2018 – CONSTELLIUM EXPANDING OPS IN DECIN, CZECH REPUBLIC; 26/04/2018 – CONSTELLIUM SAYS U.S. TREASURY EXTENSION OF RUSAL SANCTION DEADLINE TO OCTOBER GIVES AMPLE TIME FOR INDUSTRY TO REORGANISE FLOWS; 26/04/2018 – Constellium 1Q Loss/Shr EUR0.18; 05/05/2018 – WV MetroSources: Capito visits Jackson County based Constellium; 26/04/2018 – CONSTELLIUM 1Q REV. EU1.4B; 17/05/2018 – Constellium to expand operations in Decin, Czech Republic, to increase casting, recycling and extrusion capacity of aluminium p; 17/05/2018 – CONSTELLIUM PARIS: CONSTELLIUM TO EXPAND OPS IN DECIN, CZECH; 27/04/2018 – CONSTELLIUM NV CSTM.N : SEAPORT GLOBAL RAISES TO BUY, RAISES TARGET PRICE TO $16 FROM $14; 27/04/2018 – Constellium posts Annual General Meeting Materials

More notable recent FMC Corporation (NYSE:FMC) news were published by: Seekingalpha.com which released: “More on Livent Q4 earnings – Seeking Alpha” on February 12, 2019, also Benzinga.com with their article: “Earnings Scheduled For February 11, 2019 – Benzinga” published on February 11, 2019, Seekingalpha.com published: “FMC Corporation 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 12, 2019. More interesting news about FMC Corporation (NYSE:FMC) were released by: Benzinga.com and their article: “45 Stocks Moving In Friday’s Mid-Day Session – Benzinga” published on February 01, 2019 as well as Seekingalpha.com‘s news article titled: “FMC Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 10, 2019.

Investors sentiment decreased to 0.93 in Q3 2018. Its down 0.13, from 1.06 in 2018Q2. It dived, as 51 investors sold FMC shares while 156 reduced holdings. 55 funds opened positions while 137 raised stakes. 114.75 million shares or 1.33% less from 116.30 million shares in 2018Q2 were reported. Kornitzer Mngmt Ks holds 0.61% of its portfolio in FMC Corporation (NYSE:FMC) for 437,264 shares. Spears Abacus Advisors Limited reported 0.12% stake. Mackay Shields Ltd Liability Co invested 0.01% in FMC Corporation (NYSE:FMC). Natixis owns 63,286 shares for 0.03% of their portfolio. Stratos Wealth Prtnrs Limited has 380 shares. King Luther Management Corporation stated it has 2.55M shares. Franklin Inc invested in 0% or 15,575 shares. Rampart Mngmt Limited Liability holds 0.05% or 7,240 shares in its portfolio. Price T Rowe Assocs Inc Md accumulated 0.01% or 892,123 shares. Massmutual Trust Com Fsb Adv holds 0% or 95 shares. The Utah-based Utah Retirement has invested 0.04% in FMC Corporation (NYSE:FMC). Washington Capital Management owns 23,625 shares. California State Teachers Retirement System, California-based fund reported 226,747 shares. Argent Mgmt Limited Liability Co has invested 0.03% in FMC Corporation (NYSE:FMC). Teacher Retirement System Of Texas owns 15,853 shares or 0.01% of their US portfolio.

Among 33 analysts covering FMC Tech (NYSE:FMC), 25 have Buy rating, 1 Sell and 7 Hold. Therefore 76% are positive. FMC Tech had 106 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, July 10 by RBC Capital Markets. BMO Capital Markets upgraded the stock to “Outperform” rating in Thursday, April 12 report. On Friday, May 4 the stock rating was maintained by Credit Suisse with “Outperform”. The rating was initiated by Credit Suisse on Friday, January 22 with “Outperform”. As per Thursday, July 23, the company rating was maintained by Cowen & Co. The firm has “Buy” rating given on Wednesday, September 23 by Jefferies. The stock has “Hold” rating by Piper Jaffray on Friday, July 14. Nomura maintained the stock with “Buy” rating in Wednesday, July 11 report. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Monday, October 9 by RBC Capital Markets. The rating was maintained by Susquehanna with “Buy” on Thursday, February 15.

Since August 14, 2018, it had 2 insider buys, and 0 selling transactions for $352,669 activity. The insider DOUGLAS MARK sold 2,350 shares worth $201,746. CORDEIRO EDUARDO E had bought 3,500 shares worth $251,650.

Lapides Asset Management Llc, which manages about $912.08M and $457.86M US Long portfolio, upped its stake in Commscope Holding Co Inc (NASDAQ:COMM) by 89,800 shares to 141,400 shares, valued at $4.35 million in 2018Q3, according to the filing. It also increased its holding in Hanesbrands Inc (NYSE:HBI) by 17,700 shares in the quarter, for a total of 246,900 shares, and has risen its stake in Collectors Universe Inc (NASDAQ:CLCT).

Contrarian Capital Management Llc, which manages about $4.20B and $1.14B US Long portfolio, decreased its stake in Penn Va Corp New by 3,782 shares to 789,767 shares, valued at $63.61M in 2018Q3, according to the filing. It also reduced its holding in Key Energy Svcs Inc Del by 38,177 shares in the quarter, leaving it with 2.22M shares, and cut its stake in Alcoa Corp.

FMC Corporation (NYSE:FMC) Institutional Positions Chart