North Star Investment Management Has Upped By $1.05 Million Its Freeport (FCX) Position; Southcross Energy Partners LP Has 0.85 Sentiment

Freeport-McMoRan Inc. (NYSE:FCX) Logo

North Star Investment Management Corp increased Freeport (FCX) stake by 65.51% reported in 2017Q4 SEC filing. North Star Investment Management Corp acquired 58,125 shares as Freeport (FCX)’s stock declined 4.75%. The North Star Investment Management Corp holds 146,853 shares with $2.78M value, up from 88,728 last quarter. Freeport now has $25.09B valuation. The stock decreased 1.37% or $0.24 during the last trading session, reaching $17.33. About 6.45 million shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since April 2, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.

Southcross Energy Partners LP (SXE) investors sentiment decreased to 0.85 in 2017 Q4. It’s down -0.15, from 1 in 2017Q3. The ratio is negative, as 11 investment managers increased and opened new stock positions, while 13 trimmed and sold holdings in Southcross Energy Partners LP. The investment managers in our database reported: 2.17 million shares, up from 1.75 million shares in 2017Q3. Also, the number of investment managers holding Southcross Energy Partners LP in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 8 Increased: 5 New Position: 6.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.08, from 1 in 2017Q3. It fall, as 77 investors sold FCX shares while 205 reduced holdings. 78 funds opened positions while 182 raised stakes. 989.88 million shares or 2.99% more from 961.13 million shares in 2017Q3 were reported. Benjamin F Edwards & has invested 0.02% in Freeport-McMoRan Inc. (NYSE:FCX). Brave Asset Mngmt has 0.72% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 73,441 shares. Bw Gestao De Investimentos Ltda has 1.77% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 650,000 shares. Gabelli Funds Limited Company invested in 0.13% or 1.16 million shares. First Allied Advisory Incorporated holds 59,031 shares or 0.04% of its portfolio. Texas-based Next Group has invested 0.19% in Freeport-McMoRan Inc. (NYSE:FCX). New York State Common Retirement Fund reported 0.07% stake. Moreover, Hall Laurie J Trustee has 0.01% invested in Freeport-McMoRan Inc. (NYSE:FCX). Thompson Davis & Inc, a Virginia-based fund reported 9,348 shares. Asset Management Of Georgia Inc Ga Adv reported 15,550 shares or 0.21% of all its holdings. Synovus invested in 0.01% or 15,362 shares. 24,818 were accumulated by Bbva Compass Bank & Trust Incorporated. Aviva Public Limited Com holds 755,286 shares. Retirement Systems Of Alabama holds 652,415 shares or 0.06% of its portfolio. Virginia Retirement Et Al holds 248,400 shares or 0.06% of its portfolio.

North Star Investment Management Corp decreased Mattel Inc Com (NASDAQ:MAT) stake by 22,434 shares to 115 valued at $2,000 in 2017Q4. It also reduced Cowen Inc Cl A New stake by 236,487 shares and now owns 13,755 shares. Rf Inds Ltd Com Par $0.01 (NASDAQ:RFIL) was reduced too.

Since January 31, 2018, it had 0 insider buys, and 1 insider sale for $419,125 activity. On Wednesday, January 31 the insider WHITMIRE C DONALD JR sold $419,125.

Among 23 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 13 Hold. Therefore 22% are positive. Freeport-McMoran Copper & Gold has $29 highest and $5 lowest target. $16.97’s average target is -2.08% below currents $17.33 stock price. Freeport-McMoran Copper & Gold had 100 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, October 27. The company was maintained on Sunday, December 3 by RBC Capital Markets. The company was downgraded on Tuesday, April 19 by CLSA. The stock of Freeport-McMoRan Inc. (NYSE:FCX) has “Hold” rating given on Wednesday, February 3 by Argus Research. The stock has “Hold” rating by BMO Capital Markets on Tuesday, June 27. The firm earned “Strong Sell” rating on Tuesday, September 1 by Zacks. As per Monday, May 2, the company rating was maintained by Barclays Capital. The rating was maintained by Morgan Stanley on Tuesday, August 18 with “Overweight”. FBR Capital maintained Freeport-McMoRan Inc. (NYSE:FCX) on Friday, February 3 with “Mkt Perform” rating. On Monday, August 28 the stock rating was maintained by Jefferies with “Buy”.

The stock decreased 1.22% or $0.0199 during the last trading session, reaching $1.6101. About 8,215 shares traded. Southcross Energy Partners, L.P. (SXE) has declined 50.00% since April 2, 2017 and is downtrending. It has underperformed by 61.55% the S&P500.

Hite Hedge Asset Management Llc holds 0.11% of its portfolio in Southcross Energy Partners, L.P. for 368,495 shares. Symphony Asset Management Llc owns 755 shares or 0.03% of their US portfolio. Moreover, Quinn Opportunity Partners Llc has 0.02% invested in the company for 66,246 shares. The Texas-based Center Coast Capital Advisors Lp has invested 0.01% in the stock. Freestone Capital Holdings Llc, a Washington-based fund reported 81,600 shares.

Analysts await Southcross Energy Partners, L.P. (NYSE:SXE) to report earnings on May, 8. They expect $-0.22 EPS, down 15.79% or $0.03 from last year’s $-0.19 per share. After $-0.21 actual EPS reported by Southcross Energy Partners, L.P. for the previous quarter, Wall Street now forecasts 4.76% negative EPS growth.

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The company has market cap of $130.60 million. The firm also offers natural gas liquid fractionation and transportation services. It currently has negative earnings. In addition, it supplies natural gas to industrial, commercial, and power generation customers, as well as local distribution companies.

Freeport-McMoRan Inc. (NYSE:FCX) Institutional Positions Chart