Carmignac Gestion lifted its position in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 75.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,734,417 shares of the natural resource company’s stock after buying an additional 1,179,117 shares during the period. Freeport-McMoRan accounts for approximately 2.0% of […]
The Manufacturers Life Insurance Company lowered its stake in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,661,283 shares of the natural resource company’s stock after selling 33,637 shares during […]
Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 22,920,000 shares, a decrease of 5.4% from the April 30th total of 24,220,000 shares. Based on an average daily volume of 15,550,000 shares, the days-to-cover ratio is presently 1.5 days. […]
Crestline Management LP bought a new stake in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 210,829 shares of the natural resource company’s stock, valued at approximately $8,975,000. Other hedge funds and other institutional […]
Freeport-McMoRan (NYSE:FCX – Get Free Report) had its target price boosted by investment analysts at Scotiabank from $53.00 to $60.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “sector outperform” rating on the natural resource company’s stock. Scotiabank’s price target suggests a potential upside of 13.81% from the company’s […]