Convergence Investment Partners Increased Apple (AAPL) Holding By $825,748; FMC (FMC) Had 19 Analysts Last Week

January 14, 2018 - By Vivian Park

Among 32 analysts covering FMC Tech (NYSE:FMC), 19 have Buy rating, 1 Sell and 12 Hold. Therefore 59% are positive. FMC Tech had 85 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, July 31 by Deutsche Bank. The stock has “Perform” rating by Oppenheimer on Tuesday, January 12. The company was maintained on Thursday, July 6 by BMO Capital Markets. The company was maintained on Monday, August 14 by Jefferies. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Monday, April 3 by SunTrust. As per Friday, September 4, the company rating was upgraded by Credit Suisse. The rating was maintained by Credit Suisse on Wednesday, November 8 with “Outperform”. The stock has “Buy” rating by RBC Capital Markets on Monday, October 9. Piper Jaffray maintained the stock with “Hold” rating in Friday, October 6 report. The rating was maintained by Citigroup with “Neutral” on Monday, November 13. See FMC Corporation (NYSE:FMC) latest ratings:

11/12/2017 Broker: Loop Capital Markets Rating: Buy New Target: $106.0
05/12/2017 Broker: Stephens Rating: Equal-Weight Initiates Coverage On
04/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $112.0 Maintain
04/12/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral New Target: $98 Maintain
13/11/2017 Broker: Citigroup Rating: Neutral Old Target: $90 New Target: $103 Maintain
09/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $110.0 Maintain
08/11/2017 Broker: Bank of America Rating: Buy Old Target: $103 New Target: $105 Maintain
08/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $93 New Target: $102 Maintain
08/11/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $80 New Target: $90 Maintain
08/11/2017 Broker: Nomura Rating: Buy Old Target: $97 New Target: $106 Maintain

Convergence Investment Partners Llc increased Apple Inc (AAPL) stake by 12.49% reported in 2017Q3 SEC filing. Convergence Investment Partners Llc acquired 5,362 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Convergence Investment Partners Llc holds 48,279 shares with $7.44M value, up from 42,917 last quarter. Apple Inc now has $900.87B valuation. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. 1,722 were accumulated by Salzhauer Michael. Bradley Foster And Sargent Inc Ct, Connecticut-based fund reported 502,002 shares. St Germain D J Company Inc owns 222,617 shares for 4.3% of their portfolio. Family Firm Inc holds 0.56% or 8,771 shares in its portfolio. Wharton Business Gru Incorporated Ltd reported 2.58% of its portfolio in Apple Inc. (NASDAQ:AAPL). Tarbox Family Office Incorporated holds 0.87% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 12,935 shares. Baldwin Brothers Ma has 4.44% invested in Apple Inc. (NASDAQ:AAPL) for 179,210 shares. Welch Gru Limited Liability has 20,560 shares for 0.53% of their portfolio. Schnieders Cap Lc reported 43,003 shares. Gideon Capital Advsr invested 0.26% of its portfolio in Apple Inc. (NASDAQ:AAPL). Rmb Cap Management Ltd owns 318,034 shares. Kingfisher Ltd Liability Co owns 25,348 shares for 2.59% of their portfolio. Focused Wealth Management Inc reported 1.53% of its portfolio in Apple Inc. (NASDAQ:AAPL). 2,000 are owned by Viking Fund Mgmt Ltd Llc. Crossvault Capital Mngmt Lc owns 65,678 shares for 5.81% of their portfolio.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Monday, October 23. Macquarie Research maintained it with “Outperform” rating and $140 target in Tuesday, August 11 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, August 2 by Credit Suisse. Bernstein maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, September 13. Bernstein has “Buy” rating and $175.0 target. On Friday, January 8 the stock rating was maintained by Cowen & Co with “Market Perform”. Drexel Hamilton maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, September 19 with “Buy” rating. The company was maintained on Tuesday, December 22 by Cowen & Co. The company was maintained on Monday, January 11 by Deutsche Bank. The firm has “Buy” rating given on Friday, August 7 by FBR Capital. On Wednesday, April 27 the stock rating was maintained by Goldman Sachs with “Buy”.

Since August 7, 2017, it had 0 insider purchases, and 12 selling transactions for $93.68 million activity. Shares for $948,612 were sold by Srouji Johny on Monday, August 28. Shares for $2.65M were sold by Riccio Daniel J. on Thursday, December 7. Another trade for 56,808 shares valued at $8.79M was sold by SCHILLER PHILIP W. Another trade for 6,209 shares valued at $1.01M was sold by KONDO CHRIS. 63,163 shares valued at $9.98M were sold by FEDERIGHI CRAIG on Monday, August 7. LEVINSON ARTHUR D also sold $5.52M worth of Apple Inc. (NASDAQ:AAPL) on Monday, August 7. COOK TIMOTHY D also sold $43.15 million worth of Apple Inc. (NASDAQ:AAPL) shares.

Convergence Investment Partners Llc decreased Citigroup Inc (NYSE:C) stake by 13,519 shares to 99,798 valued at $7.26 million in 2017Q3. It also reduced Allison Transmission Hldgs I (NYSE:ALSN) stake by 20,814 shares and now owns 11,924 shares. Assured Guaranty Ltd (NYSE:AGO) was reduced too.

Since August 29, 2017, it had 0 insider purchases, and 2 sales for $1.22 million activity. 375 shares were sold by Pfeiffer Nicholas, worth $33,873. 14,174 shares were sold by UTECHT ANDREA E, worth $1.19M on Tuesday, August 29.

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company has market cap of $13.14 billion. The firm operates through three divisions: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. It has a 619.49 P/E ratio. The FMC Agricultural Solutions segment develops, makes, and sells crop protection chemicals, such as insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.

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