Top investors in FTI

First Eagle Investment Management, the Vanguard Group, and Bpifrance Participations S.A. are the top three investors in TechnipFMC (FTI). First Eagle Investment Management and the Vanguard Group bought 0.4 million and 0.3 million TechnipFMC shares, respectively, in the fourth quarter. Bpifrance Participations’ position hasn’t changed since May 2017. First Eagle Investment Management, the Vanguard Group, and Bpifrance Participations own 7.4%, 6.3%, and 5.7%, respectively, of TechnipFMC’s outstanding shares.

TechnipFMC: Analyzing Recent Institutional Activity

The above table shows the top ten institutional investors in TechnipFMC. Together, the top ten investors own 42.3% of TechnipFMC’s outstanding shares—higher than 40.1% that the top ten investors owned at the end of the third quarter. Collectively, eight of the ten largest investors added 8.9 million TechnipFMC shares to their positions in the fourth quarter. Bpifrance Participations’ position has remained unchanged since May 2017. Norges Bank Investment Management’s position hasn’t changed since December 2017.

Largest transactions

Among the largest “buy” transactions, Amundi Asset Management bought 8.7 million TechnipFMC shares. Capital Research Global Investors bought 4.3 million, while Aviva Investors Global Services Limited bought 4.1 million TechnipFMC shares.

Recently, Boston Partners sold 3.2 million TechnipFMC shares. Nuveen sold 2.4 million shares, while State Street Global Advisors sold 2 million TechnipFMC shares.

Next, we’ll discuss the recent changes in institutional investors’ holdings in Helmerich & Payne (HP).

Latest articles

This year, Pfizer (PFE) stock has fallen 0.34% and Bristol-Myers Squibb (BMY) stock has fallen 6.48%. Both companies are focused on strengthening their position in the high-growth oncology and immunology markets. Let's take a closer look at each.

Walt Disney’s (DIS) latest movie, Toy Story 4, has reportedly broken records in the opening weekend with $118 million in sales. However, the opening weekend collection was behind analysts’ expectations of at least $150 million in the first weekend.

24 Jun

Will Home Depot’s Upward Momentum to Continue?

WRITTEN BY Rajiv Nanjapla

As of June 21, Home Depot (HD) was trading at $209.39, which implies a rise of 9.7% since the announcement of its first-quarter earnings on May 21. Also, the company was trading at a premium of 32.4% from its 52-week low of $158.09 and a discount of 2.8% from its 52-week high of $215.43.

On June 21, Aurora Cannabis (ACB) made an announcement that indicated that it will move towards higher margin vape products. In addition, the company also believes concentrates and edibles will command higher margins. In anticipation of this development, the company announced the expansion of its facility to capitalize on growth related to these segments.

Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.

24 Jun

How Long Will Facebook's Libra Fuel Bitcoin Rally?

WRITTEN BY Mayur Sontakke, CFA, FRM

Ever since the news about Facebook’s (FB) cryptocurrency project broke, Bitcoin has rallied on the hope that Facebook’s entry in the space will help make cryptocurrencies mainstream. Facebook’s cryptocurrency will be called Libra and will be governed by an association with 28 founding members across industries.

172.31.71.127