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Plante Moran Financial Advisors Has Raised By $360,000 Its Freeport (FCX) Position; Financial Institutions Has 1.58 Sentiment

Financial Institutions, Inc. (NASDAQ:FISI) Logo

Financial Institutions Inc (FISI) investors sentiment decreased to 1.58 in Q4 2017. It’s down -0.24, from 1.82 in 2017Q3. The ratio fall, as 63 investment professionals increased or opened new stock positions, while 40 decreased and sold their positions in Financial Institutions Inc. The investment professionals in our database now have: 10.32 million shares, down from 10.72 million shares in 2017Q3. Also, the number of investment professionals holding Financial Institutions Inc in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 31 Increased: 50 New Position: 13.

Plante Moran Financial Advisors Llc increased Freeport (FCX) stake by 2898.55% reported in 2017Q4 SEC filing. Plante Moran Financial Advisors Llc acquired 20,000 shares as Freeport (FCX)’s stock declined 4.75%. The Plante Moran Financial Advisors Llc holds 20,690 shares with $392,000 value, up from 690 last quarter. Freeport now has $28.03B valuation. The stock decreased 1.07% or $0.21 during the last trading session, reaching $19.36. About 13.23 million shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since April 21, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.

Analysts await Financial Institutions, Inc. (NASDAQ:FISI) to report earnings on April, 26 after the close. They expect $0.55 EPS, up 5.77% or $0.03 from last year’s $0.52 per share. FISI’s profit will be $8.76 million for 14.14 P/E if the $0.55 EPS becomes a reality. After $0.50 actual EPS reported by Financial Institutions, Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $80,529 activity.

The stock increased 0.16% or $0.05 during the last trading session, reaching $31.1. About 31,545 shares traded. Financial Institutions, Inc. (FISI) has declined 5.83% since April 21, 2017 and is downtrending. It has underperformed by 17.38% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 2.76% of its portfolio in Financial Institutions, Inc. for 274,437 shares. Canandaigua National Bank & Trust Co owns 462,306 shares or 2.59% of their US portfolio. Moreover, Alphaone Investment Services Llc has 1.19% invested in the company for 126,291 shares. The Illinois-based Banc Funds Co Llc has invested 0.33% in the stock. Basswood Capital Management L.L.C., a New York-based fund reported 186,653 shares.

Financial Institutions, Inc. operates as the holding firm for Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. The company has market cap of $495.26 million. It operates in two divisions, Banking and Non-Banking. It has a 14.6 P/E ratio. The Banking segment includes retail and commercial banking operations.

Among 23 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 13 Hold. Therefore 22% are positive. Freeport-McMoran Copper & Gold had 102 analyst reports since July 28, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Sell” rating in Tuesday, February 21 report. The firm has “Buy” rating by UBS given on Thursday, December 1. The stock of Freeport-McMoRan Inc. (NYSE:FCX) earned “Buy” rating by Jefferies on Wednesday, October 4. Cowen & Co maintained Freeport-McMoRan Inc. (NYSE:FCX) rating on Monday, October 23. Cowen & Co has “Buy” rating and $22.0 target. FBR Capital maintained the stock with “Hold” rating in Tuesday, July 18 report. BMO Capital Markets maintained the shares of FCX in report on Tuesday, June 27 with “Hold” rating. The firm has “Buy” rating given on Monday, October 3 by Deutsche Bank. The firm earned “Sell” rating on Wednesday, July 12 by Berenberg. As per Tuesday, February 6, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Cowen & Co on Monday, May 16 with “Outperform”.

Since January 31, 2018, it had 0 insider buys, and 1 sale for $419,125 activity. The insider WHITMIRE C DONALD JR sold 21,500 shares worth $419,125.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.08, from 1 in 2017Q3. It is negative, as 77 investors sold FCX shares while 205 reduced holdings. 78 funds opened positions while 182 raised stakes. 989.88 million shares or 2.99% more from 961.13 million shares in 2017Q3 were reported. Gsa Capital Llp invested in 0.02% or 15,888 shares. Metropolitan Life Insurance holds 0.06% or 221,084 shares in its portfolio. Thrivent For Lutherans reported 222,456 shares stake. Exane Derivatives reported 995,717 shares stake. Regions Fincl Corporation reported 48,793 shares. Blair William And Il owns 70,924 shares. 424,484 were reported by Td Asset. Centre Asset Management Limited Liability Company stated it has 514,680 shares. 11,500 are owned by First City Inc. Cetera Advisor Limited Company reported 0.01% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). Icahn Carl C invested in 6.46% or 77.16M shares. Blb&B Advsr Limited Liability stated it has 95,078 shares or 0.26% of all its holdings. 255,167 are owned by Qs Investors Limited Liability. Pictet Asset Limited holds 0.04% or 731,056 shares in its portfolio. Tru Department Mb Finance Financial Bank N A has 0% invested in Freeport-McMoRan Inc. (NYSE:FCX).

Financial Institutions, Inc. (NASDAQ:FISI) Institutional Positions Chart

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