Between The Numbers: Freeport-McMoRan Inc. (FCX), Regions Financial Corporation (RF)

Cheryl Sanders
October 12, 2017

Lockheed Martin Investment Management Company decreased On Semiconductor Corp (ONNN) stake by 40,850 shares to 40,700 valued at $571,000 in 2017Q2. Marvin & Palmer Associates Inc acquired 12,860 shares as Eaton Corp. The company's previous year sales total was 3.88 Million. Freeport now has $20.86B valuation. Teacher Retirement System Of Texas reported 1.19M shares or 0.1% of all its holdings. It has outperformed by 45.93% the S&P500. Zacks Investment Research upgraded shares of Freeport-McMoran from a "hold" rating to a "buy" rating and set a $16.00 target price for the company in a research note on Tuesday. Therefore 26% are positive. The 1 year EPS growth rate is -9.60%.

September 14 investment analysts at FBR Capital kept the stock rating at "Neutral" and raised the price target from $3.00 to $12.00. Freeport-McMoran Copper & Gold had 83 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, April 12, the company rating was initiated by Oppenheimer. FBR Capital maintained Freeport-McMoRan Inc (NYSE:FCX) on Thursday, September 14 with "Neutral" rating. Finally, Macquarie assumed coverage on shares of Freeport-McMoran in a research note on Thursday, September 7th.

Recent insider trends for Freeport-McMoRan Inc. Barclays Capital maintained the shares of FCX in report on Monday, May 2 with "Equal Weight" rating. Finally, Berenberg Bank raised Freeport-McMoRan from a "sell" rating to a "hold" rating and set a $12.00 price objective for the company in a report on Wednesday, March 22nd. As per Tuesday, September 1, the company rating was downgraded by Citigroup. Deutsche Bank downgraded it to "Hold" rating and $11 target in Monday, October 5 report.

Among 3 analysts covering Investar (NASDAQ:ISTR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 25% are positive. Investar had 4 analyst reports since August 26, 2016 according to SRatingsIntel. (NYSE:T) rating on Tuesday, July 18. The rating was maintained by Argus Research with "Buy" on Tuesday, August 4. Canaccord Genuity maintained it with "Buy" rating and $190.0 target in Monday, October 9 report. The firm has "Hold" rating by Deutsche Bank given on Monday, May 2. Freeport-McMoran, Inc. The firm's 50 day moving average is $14.54 and its 200 day moving average is $13.14. The stock of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) has "Buy" rating given on Tuesday, April 4 by Longbow.


Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. For the most recent quarter, quick ratio was 1.4, current ratio was 2.1, LT Debt/Equity ratio was 1.97 and Total Debt/Equity ratio stands at 2.3, while Payout ratio is 0. It dropped, as 72 investors sold FCX shares while 201 reduced holdings. Lincoln, Pennsylvania-based fund reported 10,178 shares. Regions Financial Corp, a Alabama-based fund reported 54,440 shares. Etrade Limited Com accumulated 38,643 shares or 0.02% of the stock. Wheatland Advisors invested in 24,906 shares. South Dakota Council has 0.32% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Victory Management Incorporated holds 21,986 shares or 0% of its portfolio. North Star Investment Mgmt stated it has 33,728 shares. The company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.67 billion. Aperio Ltd Liability has 559,090 shares for 0.04% of their portfolio. Meridian Counsel Incorporated holds 30,298 shares or 0.22% of its portfolio. Weatherly Asset Mngmt Ltd Partnership holds 81,649 shares.

Freeport-McMoRan Inc. (FCX)'s RSI (Relative strength index) is at 52.11, its ATR (Average True Range) value is 0.45, while its Beta factor was calculated at 2.57.

Whereas they predicted High and Low Earnings Estimate as $0.36 and $0.19 respectively. The firm's quarterly revenue was up 11.3% on a year-over-year basis.

Vanda Pharmaceuticals Inc.is a biopharmaceutical company. The current price change puts the market capitalization at $20.72 bln. The Firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.


The company P/E (price to earnings) ratio is 20.15 and Forward P/E ratio is 9.97. The Company's divisions include refined copper products, copper in concentrate, gold, molybdenum, oil and other.

Investors sentiment increased to 1.36 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. TradeLink Capital LLC boosted its position in shares of Freeport-McMoRan by 31.3% in the third quarter.

These funds have shifted positions in (FCX).

Great Point Partners Llc holds 6.52% of its portfolio in Vanda Pharmaceuticals Inc. for 2.23 million shares.


Freeport-McMoRan Inc.'s insider ownership stands at 0.2 percent, while its insider transaction is 1.23 percent. Dorsey Whitney Tru Ltd Liability Corp holds 10,252 shares or 0.02% of its portfolio.

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