Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Fresenius Medical Care AG & Co. KGaA (NYSE:FMSGet Free Report) have earned a consensus recommendation of “Reduce” from the eleven research firms that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $23.5667.

A number of research firms have recently commented on FMS. Morgan Stanley restated an “underweight” rating on shares of Fresenius Medical Care AG & Co. KGaA in a research report on Wednesday, May 6th. Zacks Research upgraded Fresenius Medical Care AG & Co. KGaA from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. BNP Paribas Exane lowered Fresenius Medical Care AG & Co. KGaA from a “neutral” rating to an “underperform” rating and set a $19.90 price objective for the company. in a report on Tuesday, July 28th. Jefferies Financial Group upgraded shares of Fresenius Medical Care AG & Co. KGaA from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, May 8th. Finally, Citigroup reissued a “neutral” rating on shares of Fresenius Medical Care AG & Co. KGaA in a report on Friday, July 17th.

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Institutional Investors Weigh In On Fresenius Medical Care AG & Co. KGaA

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Fresenius Medical Care AG & Co. KGaA by 14.2% in the first quarter. AQR Capital Management LLC now owns 14,297 shares of the company’s stock worth $356,000 after purchasing an additional 1,777 shares during the last quarter. JPMorgan Chase & Co. grew its position in Fresenius Medical Care AG & Co. KGaA by 160.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 37,610 shares of the company’s stock worth $1,075,000 after acquiring an additional 23,163 shares during the last quarter. American Century Companies Inc. increased its stake in Fresenius Medical Care AG & Co. KGaA by 21.3% in the 2nd quarter. American Century Companies Inc. now owns 29,173 shares of the company’s stock worth $833,000 after purchasing an additional 5,127 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Fresenius Medical Care AG & Co. KGaA by 21.3% in the second quarter. Russell Investments Group Ltd. now owns 5,096 shares of the company’s stock worth $146,000 after purchasing an additional 896 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Fresenius Medical Care AG & Co. KGaA by 141.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,906 shares of the company’s stock valued at $83,000 after buying an additional 1,704 shares during the last quarter. Institutional investors own 8.37% of the company’s stock.

Fresenius Medical Care AG & Co. KGaA Stock Performance

Shares of FMS stock opened at $23.07 on Monday. The firm’s 50 day moving average is $23.94 and its 200 day moving average is $23.12. The stock has a market capitalization of $12.39 billion, a P/E ratio of 11.95, a PEG ratio of 4.29 and a beta of 0.77. Fresenius Medical Care AG & Co. KGaA has a 12 month low of $20.02 and a 12 month high of $27.64. The company has a current ratio of 1.07, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43.

Fresenius Medical Care AG & Co. KGaA (NYSE:FMSGet Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.04. The business had revenue of $5.55 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Fresenius Medical Care AG & Co. KGaA had a net margin of 4.83% and a return on equity of 9.28%. On average, sell-side analysts anticipate that Fresenius Medical Care AG & Co. KGaA will post 2.25 earnings per share for the current year.

Fresenius Medical Care AG & Co. KGaA Company Profile

(Get Free Report)

Fresenius Medical Care AG & Co KGaA is the world’s largest integrated provider of products and services for individuals with renal diseases. The company’s primary business activities encompass the operation of dialysis clinics and the manufacture and distribution of dialysis equipment, dialysis machines, dialyzers, consumables and related therapies. Through its global network of clinics, Fresenius Medical Care delivers comprehensive kidney care, including hemodialysis and peritoneal dialysis treatments, patient education and support services.

In its products segment, the company designs and produces dialysis machines, water treatment systems and disposables such as high‐flux dialyzers and bloodlines.

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Analyst Recommendations for Fresenius Medical Care AG & Co. KGaA (NYSE:FMS)

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