Freeport (FCX) Valuation Declined While Gibraltar Capital Management Lifted by $410,580 Its Position; As Control4 (CTRL) Stock Price Declined, Brinker Capital Decreased Its Stake by $645,656

April 18, 2018 - By Marie Mckinney

Freeport-McMoRan Inc. (NYSE:FCX) Logo

Gibraltar Capital Management Inc increased its stake in Freeport (FCX) by 7.29% based on its latest 2017Q4 regulatory filing with the SEC. Gibraltar Capital Management Inc bought 22,810 shares as the company’s stock declined 4.75% with the market. The institutional investor held 335,570 shares of the basic industries company at the end of 2017Q4, valued at $6.36 million, up from 312,760 at the end of the previous reported quarter. Gibraltar Capital Management Inc who had been investing in Freeport for a number of months, seems to be bullish on the $27.89B market cap company. The stock increased 5.27% or $0.9648 during the last trading session, reaching $19.2648. About 12.44M shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since April 18, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.

Brinker Capital Inc decreased its stake in Control4 Corp (CTRL) by 45.3% based on its latest 2017Q4 regulatory filing with the SEC. Brinker Capital Inc sold 22,264 shares as the company’s stock declined 27.25% with the market. The institutional investor held 26,881 shares of the electrical products company at the end of 2017Q4, valued at $800,000, down from 49,145 at the end of the previous reported quarter. Brinker Capital Inc who had been investing in Control4 Corp for a number of months, seems to be less bullish one the $572.72M market cap company. The stock increased 0.82% or $0.18 during the last trading session, reaching $22.01. About 141,561 shares traded. Control4 Corporation (NASDAQ:CTRL) has risen 46.17% since April 18, 2017 and is uptrending. It has outperformed by 34.62% the S&P500.

Investors sentiment decreased to 1.09 in Q4 2017. Its down 0.79, from 1.88 in 2017Q3. It worsened, as 15 investors sold CTRL shares while 60 reduced holdings. 38 funds opened positions while 44 raised stakes. 19.24 million shares or 0.63% more from 19.12 million shares in 2017Q3 were reported. Thrivent Fincl For Lutherans holds 11,895 shares or 0% of its portfolio. 3,930 were reported by State Of Alaska Department Of Revenue. 7,026 were reported by Winslow Evans Crocker. Wellington Shields Capital Mgmt Ltd Limited Liability Company reported 0.15% of its portfolio in Control4 Corporation (NASDAQ:CTRL). State Board Of Administration Of Florida Retirement System holds 0% of its portfolio in Control4 Corporation (NASDAQ:CTRL) for 16,648 shares. Oberweis Asset invested in 186,100 shares or 1.3% of the stock. Mckinley Cap Mngmt Llc Delaware invested in 73,909 shares. Clarivest Asset Management stated it has 56,140 shares. Pub Employees Retirement Systems Of Ohio reported 0.02% in Control4 Corporation (NASDAQ:CTRL). 83,884 were accumulated by Panagora Asset Mgmt. 19,059 were accumulated by Manufacturers Life Company The. Moreover, Century Cos has 0% invested in Control4 Corporation (NASDAQ:CTRL) for 99,290 shares. Engineers Gate Manager Limited Partnership has 58,693 shares. Federated Investors Pa has 280 shares for 0% of their portfolio. Great West Life Assurance Can holds 26,127 shares.

Among 8 analysts covering Control4 (NASDAQ:CTRL), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Control4 had 23 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, December 21 by Maxim Group. The firm has “Buy” rating by Needham given on Wednesday, May 31. The rating was downgraded by Needham on Friday, October 30 to “Hold”. Needham maintained Control4 Corporation (NASDAQ:CTRL) on Friday, February 9 with “Buy” rating. The firm has “Outperform” rating by Raymond James given on Monday, March 19. As per Monday, November 7, the company rating was maintained by Imperial Capital. Maxim Group maintained Control4 Corporation (NASDAQ:CTRL) on Friday, August 4 with “Hold” rating. The firm earned “Outperform” rating on Friday, September 8 by Cowen & Co. The rating was maintained by Needham with “Buy” on Friday, November 3. The stock of Control4 Corporation (NASDAQ:CTRL) earned “In-Line” rating by Imperial Capital on Tuesday, November 17.

Brinker Capital Inc, which manages about $16.19B and $2.57 billion US Long portfolio, upped its stake in F M C Corp (NYSE:FMC) by 8,533 shares to 16,123 shares, valued at $1.53M in 2017Q4, according to the filing. It also increased its holding in Summit Hotel Pptys (NYSE:INN) by 20,181 shares in the quarter, for a total of 116,111 shares, and has risen its stake in Yum Brands Inc (NYSE:YUM).

Analysts await Control4 Corporation (NASDAQ:CTRL) to report earnings on May, 3. They expect $0.04 EPS, up 500.00% or $0.05 from last year’s $-0.01 per share. CTRL’s profit will be $1.04M for 137.56 P/E if the $0.04 EPS becomes a reality. After $0.30 actual EPS reported by Control4 Corporation for the previous quarter, Wall Street now forecasts -86.67% negative EPS growth.

Since February 13, 2018, it had 0 insider buys, and 14 selling transactions for $6.05 million activity. On Tuesday, February 20 Cashen Susan sold $389,238 worth of Control4 Corporation (NASDAQ:CTRL) or 15,582 shares. Shares for $55,713 were sold by Bishop Greg. Novakovich Mark also sold $706,831 worth of Control4 Corporation (NASDAQ:CTRL) shares. PLAEHN MARTIN sold $1.02M worth of stock or 41,585 shares.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.08, from 1 in 2017Q3. It turned negative, 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. Private Asset Mgmt holds 0.65% or 214,228 shares. Ameriprise Fincl reported 0.05% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). The Missouri-based Parkside Fin Bancorp & Tru has invested 0.02% in Freeport-McMoRan Inc. (NYSE:FCX). Captrust Fin Advsrs holds 0% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX) for 2,547 shares. 2.75M are owned by Millennium Management Ltd Liability. City Holdg stated it has 100 shares or 0% of all its holdings. Guardian Invest Management has 35,524 shares for 0.71% of their portfolio. 142,974 were accumulated by Teachers Retirement Of The State Of Kentucky. Drw Ltd Co invested in 0.04% or 18,864 shares. Edge Wealth Mgmt Limited Liability Company invested in 3,500 shares. Aperio Group Ltd Liability Company owns 610,497 shares. Homrich Berg reported 17,432 shares. Ing Groep Nv owns 342,550 shares for 0.11% of their portfolio. Gamco Investors Inc Et Al, a New York-based fund reported 3.78M shares. Vertex One Asset Inc stated it has 0.6% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX).

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 had 102 analyst reports since July 28, 2015 according to SRatingsIntel. UBS maintained the shares of FCX in report on Monday, October 30 with “Neutral” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $15 target in Tuesday, October 27 report. Cowen & Co maintained it with “Buy” rating and $2000 target in Monday, July 17 report. The firm earned “Buy” rating on Thursday, January 25 by Jefferies. As per Tuesday, January 12, the company rating was downgraded by Jefferies. The rating was maintained by FBR Capital on Thursday, September 14 with “Neutral”. On Tuesday, October 10 the stock rating was maintained by RBC Capital Markets with “Hold”. Scotia Capital maintained the stock with “Hold” rating in Monday, January 8 report. The firm has “Hold” rating given on Friday, September 29 by BMO Capital Markets. The stock of Freeport-McMoRan Inc. (NYSE:FCX) has “Neutral” rating given on Thursday, May 19 by Goldman Sachs.

Gibraltar Capital Management Inc, which manages about $250.37M and $125.89 million US Long portfolio, decreased its stake in Allergan Plc by 13,382 shares to 14,657 shares, valued at $2.40M in 2017Q4, according to the filing.

Since January 31, 2018, it had 0 insider purchases, and 1 insider sale for $419,125 activity.

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

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