Rogers (ROG) Shareholder Zacks Investment Management Increased Its Holding; As F M C (FMC) Market Valuation Rose, Shareholder Jennison Associates Has Lowered Its Holding by $77.72 Million

January 14, 2018 - By Marie Mckinney

Zacks Investment Management increased its stake in Rogers Corp (ROG) by 26.55% based on its latest 2017Q3 regulatory filing with the SEC. Zacks Investment Management bought 3,884 shares as the company’s stock rose 35.82% with the market. The institutional investor held 18,511 shares of the major chemicals company at the end of 2017Q3, valued at $2.47M, up from 14,627 at the end of the previous reported quarter. Zacks Investment Management who had been investing in Rogers Corp for a number of months, seems to be bullish on the $3.13 billion market cap company. The stock increased 1.87% or $3.15 during the last trading session, reaching $171.61. About 163,321 shares traded. Rogers Corporation (NYSE:ROG) has risen 78.68% since January 14, 2017 and is uptrending. It has outperformed by 61.98% the S&P500.

Jennison Associates Llc decreased its stake in F M C Corp (FMC) by 28.37% based on its latest 2017Q3 regulatory filing with the SEC. Jennison Associates Llc sold 873,216 shares as the company’s stock rose 27.61% with the market. The institutional investor held 2.21 million shares of the major chemicals company at the end of 2017Q3, valued at $196.94 million, down from 3.08M at the end of the previous reported quarter. Jennison Associates Llc who had been investing in F M C Corp for a number of months, seems to be less bullish one the $13.14 billion market cap company. It closed at $97.88 lastly. It is down 62.57% since January 14, 2017 and is uptrending. It has outperformed by 45.87% the S&P500.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.18, from 0.91 in 2017Q2. It increased, as 36 investors sold FMC shares while 164 reduced holdings. 77 funds opened positions while 141 raised stakes. 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported. Conning Incorporated reported 3,068 shares stake. Walleye Trading Llc holds 1,844 shares or 0% of its portfolio. Bnp Paribas Asset Mgmt Sa accumulated 0.01% or 17,117 shares. Keybank National Association Oh owns 6,925 shares for 0% of their portfolio. Advisor Ltd Liability Co stated it has 0.04% of its portfolio in FMC Corporation (NYSE:FMC). Chevy Chase Holding Inc accumulated 122,669 shares or 0.05% of the stock. Greenwood Capital Associate Ltd invested in 0.09% or 4,256 shares. Lord Abbett & Lc reported 369,472 shares. Barrow Hanley Mewhinney & Strauss Ltd Liability holds 0.04% or 330,289 shares. Highvista Strategies Limited holds 0.76% of its portfolio in FMC Corporation (NYSE:FMC) for 37,500 shares. 13,300 are owned by Crestpoint Cap Ltd Liability. Swiss Fincl Bank invested 0.05% in FMC Corporation (NYSE:FMC). Natl Pension holds 358 shares or 0% of its portfolio. Comml Bank Of Montreal Can has 45,281 shares. The Ohio-based Parkwood Limited Liability Corporation has invested 0.04% in FMC Corporation (NYSE:FMC).

Since August 29, 2017, it had 0 buys, and 2 insider sales for $1.22 million activity. UTECHT ANDREA E sold $1.19 million worth of stock or 14,174 shares.

Jennison Associates Llc, which manages about $97.63B US Long portfolio, upped its stake in Hubspot Inc (NYSE:HUBS) by 116,861 shares to 539,838 shares, valued at $45.37M in 2017Q3, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 1.55 million shares in the quarter, for a total of 14.96M shares, and has risen its stake in Hess Midstream Partners Lp.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on February, 5. They expect $1.01 EPS, up 14.77% or $0.13 from last year’s $0.88 per share. FMC’s profit will be $135.61M for 24.23 P/E if the $1.01 EPS becomes a reality. After $0.70 actual EPS reported by FMC Corporation for the previous quarter, Wall Street now forecasts 44.29% EPS growth.

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 rating was upgraded by PiperJaffray to “Neutral” on Monday, November 28. The firm earned “Buy” rating on Thursday, May 25 by Jefferies. The firm has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, November 9 report. The company was maintained on Wednesday, November 8 by BMO Capital Markets. The company was initiated on Friday, March 18 by BMO Capital Markets. The stock of FMC Corporation (NYSE:FMC) has “Hold” rating given on Monday, April 3 by BMO Capital Markets. FBR Capital upgraded FMC Corporation (NYSE:FMC) on Thursday, July 23 to “Underperform” rating. RBC Capital Markets maintained FMC Corporation (NYSE:FMC) rating on Tuesday, October 17. RBC Capital Markets has “Buy” rating and $102.0 target. The stock of FMC Corporation (NYSE:FMC) earned “Outperform” rating by CLSA on Friday, April 15.

Investors sentiment increased to 1.74 in 2017 Q3. Its up 0.58, from 1.16 in 2017Q2. It increased, as 10 investors sold ROG shares while 63 reduced holdings. 54 funds opened positions while 73 raised stakes. 16.66 million shares or 0.31% more from 16.61 million shares in 2017Q2 were reported. Navellier Associate holds 0.27% of its portfolio in Rogers Corporation (NYSE:ROG) for 10,260 shares. Aristotle Boston Limited Liability reported 1.56% in Rogers Corporation (NYSE:ROG). Natixis holds 0% of its portfolio in Rogers Corporation (NYSE:ROG) for 2,125 shares. Asset reported 0.01% stake. Ashford Cap holds 0.71% or 32,934 shares in its portfolio. G2 Investment Ptnrs Mgmt Lc reported 52,349 shares stake. Oberweis Asset Mgmt holds 3.89% of its portfolio in Rogers Corporation (NYSE:ROG) for 104,925 shares. Voya Investment Management Ltd Limited Liability Company reported 18,479 shares or 0.01% of all its holdings. 11,070 were accumulated by Thrivent Fincl For Lutherans. Raymond James Fincl Svcs Advsrs has 0% invested in Rogers Corporation (NYSE:ROG). Mackenzie Corp, Ontario – Canada-based fund reported 59,611 shares. Cortina Asset Limited Co invested in 152,673 shares. California-based Fdx has invested 0.01% in Rogers Corporation (NYSE:ROG). Ubs Asset Mngmt Americas holds 8,904 shares or 0% of its portfolio. Alphaone Investment Ser Ltd Liability Com accumulated 275 shares or 0.01% of the stock.

Since August 1, 2017, it had 0 buys, and 11 insider sales for $5.19 million activity. $3.09M worth of stock was sold by Hoechner Bruce D. on Monday, October 2. DAIGLE ROBERT C also sold $545,005 worth of Rogers Corporation (NYSE:ROG) shares. 3,042 shares were sold by Grudzien Jeffrey M, worth $347,034.

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