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Crestpoint Capital Management Has Cut Fmc (FMC) Position By $460,600; Mge Energy (MGEE) Shorts Lowered By 6.44%

MGE Energy, Inc. (NASDAQ:MGEE) Logo

Mge Energy Inc (NASDAQ:MGEE) had a decrease of 6.44% in short interest. MGEE’s SI was 422,500 shares in May as released by FINRA. Its down 6.44% from 451,600 shares previously. With 141,500 avg volume, 3 days are for Mge Energy Inc (NASDAQ:MGEE)’s short sellers to cover MGEE’s short positions. The SI to Mge Energy Inc’s float is 1.22%. The stock increased 0.09% or $0.05 during the last trading session, reaching $57.2. About 72,107 shares traded. MGE Energy, Inc. (NASDAQ:MGEE) has declined 11.06% since May 21, 2017 and is downtrending. It has underperformed by 22.61% the S&P500.

Crestpoint Capital Management Llc decreased Fmc Corp (FMC) stake by 36.84% reported in 2017Q4 SEC filing. Crestpoint Capital Management Llc sold 4,900 shares as Fmc Corp (FMC)’s stock declined 21.14%. The Crestpoint Capital Management Llc holds 8,400 shares with $795,000 value, down from 13,300 last quarter. Fmc Corp now has $12.31 billion valuation. The stock decreased 0.96% or $0.89 during the last trading session, reaching $91.51. About 835,935 shares traded. FMC Corporation (NYSE:FMC) has risen 22.51% since May 21, 2017 and is uptrending. It has outperformed by 10.96% the S&P500.

Another recent and important MGE Energy, Inc. (NASDAQ:MGEE) news was published by Nasdaq.com which published an article titled: “Research Report Identifies Cara Therapeutics, MGE Energy, IDEXX Laboratories, Sterling Construction, TTM …” on April 30, 2018.

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding firm primarily in Wisconsin. The company has market cap of $1.98 billion. It operates through five divisions: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. It has a 20.32 P/E ratio. The firm generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services.

Investors sentiment increased to 1.08 in Q4 2017. Its up 0.15, from 0.93 in 2017Q3. It improved, as 11 investors sold MGE Energy, Inc. shares while 39 reduced holdings. 16 funds opened positions while 38 raised stakes. 13.45 million shares or 1.66% more from 13.23 million shares in 2017Q3 were reported. Renaissance Tech Limited Liability has invested 0.02% in MGE Energy, Inc. (NASDAQ:MGEE). Dubuque Savings Bank And Trust Communication holds 0.02% or 2,477 shares. Sva Plumb Wealth Limited Liability Corporation invested 0.09% in MGE Energy, Inc. (NASDAQ:MGEE). White Pine Capital Ltd Liability Corporation accumulated 7,543 shares or 0.17% of the stock. Parallax Volatility Advisers L P holds 5,334 shares. Alliancebernstein L P invested in 49,170 shares or 0% of the stock. New York-based Tower Rech Capital Ltd Limited Liability Company (Trc) has invested 0% in MGE Energy, Inc. (NASDAQ:MGEE). Moreover, Enterprise Serv has 0.01% invested in MGE Energy, Inc. (NASDAQ:MGEE). Price T Rowe Associates Inc Md has invested 0% in MGE Energy, Inc. (NASDAQ:MGEE). King Wealth Mgmt Grp Ltd Limited Liability Company holds 0.09% in MGE Energy, Inc. (NASDAQ:MGEE) or 4,200 shares. Voya Management Ltd holds 0% or 16,581 shares. Keybank Association Oh reported 13,400 shares. Manufacturers Life Ins Com The reported 26,622 shares or 0% of all its holdings. Prudential Fincl invested 0.01% in MGE Energy, Inc. (NASDAQ:MGEE). Ls Invest Advsrs Limited Liability stated it has 0% in MGE Energy, Inc. (NASDAQ:MGEE).

Since December 12, 2017, it had 0 insider purchases, and 3 insider sales for $7.30 million activity. 375 FMC Corporation (NYSE:FMC) shares with value of $33,873 were sold by Pfeiffer Nicholas. The insider DOUGLAS MARK sold 10,698 shares worth $903,031. $6.36 million worth of FMC Corporation (NYSE:FMC) shares were sold by BRONDEAU PIERRE R.

More notable recent FMC Corporation (NYSE:FMC) news were published by: Benzinga.com which released: “FMC Corp. Picks Up Sell-Side Bull On Strong Growth Forecast” on May 14, 2018, also Seekingalpha.com with their article: “FMC Corporation 2018 Q1 – Results – Earnings Call Slides” published on May 03, 2018, Fool.com published: “FMC Lithium IPO and Spinoff: Here’s What Investors Should Know” on May 17, 2018. More interesting news about FMC Corporation (NYSE:FMC) were released by: Investingnews.com and their article: “Albemarle and FMC Forecast Lithium Price Increase Following Positive Q1 Results” published on May 11, 2018 as well as Prnewswire.com‘s news article titled: “Lithium Market Value is Set to Increase With the Demand for Li-Ion Batteries” with publication date: May 18, 2018.

Among 32 analysts covering FMC Tech (NYSE:FMC), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. FMC Tech had 101 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Jefferies given on Thursday, July 23. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Thursday, February 15 by Seaport Global. As per Monday, August 14, the company rating was maintained by Jefferies. BMO Capital Markets maintained FMC Corporation (NYSE:FMC) on Friday, May 5 with “Hold” rating. As per Friday, September 15, the company rating was maintained by Jefferies. RBC Capital Markets maintained the shares of FMC in report on Monday, June 5 with “Buy” rating. The rating was upgraded by Citigroup to “Buy” on Wednesday, February 14. The company was maintained on Friday, July 14 by Piper Jaffray. KeyBanc Capital Markets maintained it with “Buy” rating and $112.0 target in Monday, December 4 report. The company was upgraded on Friday, September 4 by Credit Suisse.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on August, 7. They expect $1.72 EPS, up 258.33% or $1.24 from last year’s $0.48 per share. FMC’s profit will be $231.36M for 13.30 P/E if the $1.72 EPS becomes a reality. After $1.84 actual EPS reported by FMC Corporation for the previous quarter, Wall Street now forecasts -6.52% negative 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. Moreover, Sir Capital Mngmt Limited Partnership has 4.1% invested in FMC Corporation (NYSE:FMC) for 196,216 shares. Gemmer Asset Management Ltd stated it has 328 shares or 0.01% of all its holdings. Cibc Ww Mkts Corp owns 0.02% invested in FMC Corporation (NYSE:FMC) for 27,102 shares. Employees Retirement Sys Of Texas accumulated 69,000 shares. Schwab Charles Invest Inc owns 0.05% invested in FMC Corporation (NYSE:FMC) for 653,939 shares. Meeder Asset Mngmt accumulated 13,626 shares or 0.11% of the stock. Los Angeles Capital Management And Equity Rech Incorporated, California-based fund reported 1.53M shares. Synovus owns 41,219 shares. 8,100 were accumulated by Louisiana State Employees Retirement System. Earnest Prtnrs reported 0% stake. Thrivent Fincl For Lutherans invested 0.05% in FMC Corporation (NYSE:FMC). State Of Alaska Department Of Revenue accumulated 21,640 shares or 0.05% of the stock. 89,804 are held by Macquarie Group Incorporated Limited. Ubs Asset Mgmt Americas Inc holds 379,480 shares. Sei Com reported 211,862 shares stake.

MGE Energy, Inc. (NASDAQ:MGEE) Institutional Positions Chart

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