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New Mountain Vantage Advisers Cut Its Position in F M C (FMC) by $19.53 Million as Market Value Declined; Pcm (PCMI) Shareholder Kestrel Investment Management Increased Its Holding by $1.66 Million

PCM, Inc. (NASDAQ:PCMI) Logo

Steven B. Klinsky decreased its stake in F M C Corp (FMC) by 58.65% based on its latest 2017Q4 regulatory filing with the SEC. New Mountain Vantage Advisers Llc sold 207,776 shares as the company’s stock declined 21.14% with the market. The hedge fund run by Steven B. Klinsky held 146,463 shares of the major chemicals company at the end of 2017Q4, valued at $13.86 million, down from 354,239 at the end of the previous reported quarter. New Mountain Vantage Advisers Llc who had been investing in F M C Corp for a number of months, seems to be less bullish one the $10.97B market cap company. The stock increased 1.22% or $0.98 during the last trading session, reaching $81.54. About 608,202 shares traded. FMC Corporation (NYSE:FMC) has risen 22.51% since April 26, 2017 and is uptrending. It has outperformed by 10.96% the S&P500.

Kestrel Investment Management Corp increased its stake in Pcm Inc (PCMI) by 1232.83% based on its latest 2017Q4 regulatory filing with the SEC. Kestrel Investment Management Corp bought 184,925 shares as the company’s stock declined 14.29% with the market. The institutional investor held 199,925 shares of the consumer services company at the end of 2017Q4, valued at $1.98M, up from 15,000 at the end of the previous reported quarter. Kestrel Investment Management Corp who had been investing in Pcm Inc for a number of months, seems to be bullish on the $122.64M market cap company. The stock increased 0.97% or $0.1 during the last trading session, reaching $10.4. About 213,880 shares traded or 12.99% up from the average. PCM, Inc. (NASDAQ:PCMI) has declined 70.06% since April 26, 2017 and is downtrending. It has underperformed by 81.61% the S&P500.

Since December 12, 2017, it had 0 buys, and 2 sales for $936,904 activity. Pfeiffer Nicholas sold $33,873 worth of FMC Corporation (NYSE:FMC) on Tuesday, December 12.

Among 32 analysts covering FMC Tech (NYSE:FMC), 22 have Buy rating, 1 Sell and 9 Hold. Therefore 69% are positive. FMC Tech had 96 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Friday, January 22. The rating was maintained by RBC Capital Markets on Monday, July 10 with “Buy”. Seaport Global Securities downgraded the stock to “Neutral” rating in Monday, January 23 report. As per Wednesday, November 8, the company rating was maintained by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Monday, June 5 with “Buy”. Barclays Capital maintained FMC Corporation (NYSE:FMC) on Thursday, July 23 with “Overweight” rating. BMO Capital Markets maintained the stock with “Hold” rating in Monday, April 3 report. The firm has “Neutral” rating given on Thursday, April 21 by Credit Suisse. The firm has “Buy” rating given on Thursday, February 15 by Seaport Global. SunTrust maintained FMC Corporation (NYSE:FMC) on Wednesday, February 14 with “Buy” rating.

New Mountain Vantage Advisers Llc, which manages about $2.44B and $1.32B US Long portfolio, upped its stake in Liberty Global Plc (NASDAQ:LBTYA) by 570,479 shares to 1.04 million shares, valued at $37.32M in 2017Q4, according to the filing. It also increased its holding in Spx Corp (SPW) by 267,927 shares in the quarter, for a total of 467,511 shares, and has risen its stake in First Data Corp New.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on May, 2 after the close. They expect $1.63 EPS, up 279.07% or $1.20 from last year’s $0.43 per share. FMC’s profit will be $219.21 million for 12.51 P/E if the $1.63 EPS becomes a reality. After $1.10 actual EPS reported by FMC Corporation for the previous quarter, Wall Street now forecasts 48.18% EPS growth.

Investors sentiment is 1.09 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 39 investors sold FMC shares while 153 reduced holdings. only 57 funds opened positions while 153 raised stakes. 119.71 million shares or 1.28% more from 118.19 million shares in 2017Q3 were reported. Parkwood holds 0.03% or 2,260 shares in its portfolio. Cambridge Investment Rech Advsrs reported 2,833 shares. Us Bank & Trust De invested in 0.01% or 19,339 shares. Pub Employees Retirement Association Of Colorado holds 0.02% or 26,863 shares in its portfolio. Neuberger Berman has 0% invested in FMC Corporation (NYSE:FMC). Sandhill Ptnrs Limited Com stated it has 207,226 shares. The Sweden-based Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in FMC Corporation (NYSE:FMC). New York State Common Retirement Fund reported 323,100 shares. Natixis has invested 0.01% of its portfolio in FMC Corporation (NYSE:FMC). New York-based Jennison Associates Ltd has invested 0.19% in FMC Corporation (NYSE:FMC). Skylands Capital Ltd Limited Liability Company holds 89,000 shares. York Mgmt Global Advsrs Limited Liability Corporation owns 721,678 shares or 1.65% of their US portfolio. Veritable Ltd Partnership holds 7,592 shares or 0.01% of its portfolio. State Of Alaska Department Of Revenue holds 21,640 shares or 0.05% of its portfolio. Millennium Limited Liability Corp reported 0.02% stake.

Among 4 analysts covering PCM Inc (NASDAQ:PCMI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PCM Inc had 9 analyst reports since July 21, 2016 according to SRatingsIntel. On Thursday, October 27 the stock rating was upgraded by TH Capital to “Buy”. The firm has “Buy” rating by B. Riley & Co given on Tuesday, November 7. Roth Capital initiated it with “Buy” rating and $16 target in Thursday, July 21 report. The firm has “Buy” rating given on Thursday, March 8 by Roth Capital. Roth Capital downgraded the shares of PCMI in report on Thursday, August 25 to “Neutral” rating. As per Thursday, October 27, the company rating was upgraded by Roth Capital. The firm has “Neutral” rating given on Thursday, August 25 by TH Capital.

Kestrel Investment Management Corp, which manages about $836.08 million and $287.03M US Long portfolio, decreased its stake in Bwx Technologies Inc by 8,300 shares to 185,075 shares, valued at $11.20 million in 2017Q4, according to the filing. It also reduced its holding in Advansix Inc by 19,100 shares in the quarter, leaving it with 398,225 shares, and cut its stake in Michaels Companies Inc (NASDAQ:MIK).

FMC Corporation (NYSE:FMC) Institutional Positions Chart

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