Fisher Asset Management Adds $83M in Freeport-McMoRan Inc. ($FCX)
Key Points
- Fisher Asset Management changed its Freeport-McMoRan Inc. ($FCX) stake by 1.9% last quarter, boosting to 65,089,606 shares worth $4.45 billion.
- Wall Street's consensus rating on $FCX is Buy and an average price target of $68.86.
- $FCX last traded around $68.41.
Fisher Asset Management increased its position in Freeport-McMoRan Inc. ($FCX) by 1.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,089,606 shares of Freeport-McMoRan Inc. after buying 1,208,849 shares during the quarter. Fisher Asset Management's holdings in Freeport-McMoRan Inc. were worth $4.45 billion as of its most recent filing.
Freeport-McMoRan Inc. ($FCX) Stock
Freeport-McMoRan Inc. Earnings
Freeport-McMoRan Inc. Dividend
Analysts Set New Price Targets
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.