Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) Receives Consensus “Hold” Recommendation from Analysts

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Fresenius Medical Care AG & Co. KGaA (NYSE: FMS – Get a rating) received a consensus rating of “Hold” from the thirteen rating agencies that currently cover the company, Marketbeat reports. One financial analyst has assigned the stock a sell rating, five have issued a hold rating and three have assigned the company a buy rating. The 1-year average price target among analysts who updated their stock coverage in the last year is $52.51.

Several research analysts recently commented on the title. StockNews.com downgraded shares of Fresenius Medical Care AG & Co. KGaA from a “strong buy” rating to a “buy” rating in a Friday, July 15 report. JPMorgan Chase & Co. raised its price target on shares of Fresenius Medical Care AG & Co. KGaA from €48.70 ($49.19) to €51.00 ($51.52) and assigned the company an “underweight” rating in a Thursday, May 5 research note. . Jefferies Financial Group upgraded shares of Fresenius Medical Care AG & Co. KGaA from an “underperform” rating to a “buy” rating and raised its price target for the company from $30.30 to 33.70 $ in a research note from Monday, June 27. Finally, Truist Financial lowered its price target on shares of Fresenius Medical Care AG & Co. KGaA from $34.00 to $27.00 and set a “hold” rating on the stock in a research note Wednesday, June 22.

Institutional investors weigh in on Fresenius Medical Care AG & Co. KGaA

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Hedge funds and other institutional investors have recently changed their stock holdings. Ellevest Inc. increased its stake in Fresenius Medical Care AG & Co. KGaA by 96.6% in the 4th quarter. Ellevest Inc. now owns 1,148 shares of the company worth $37,000 after purchasing an additional 564 shares in the last quarter. Tcwp LLC purchased a new equity stake in Fresenius Medical Care AG & Co. KGaA in Q1 valued at approximately $44,000. SRS Capital Advisors Inc. increased its stake in Fresenius Medical Care AG & Co. KGaA by 36.0% in Q1. SRS Capital Advisors Inc. now owns 1,545 shares of the company worth $52,000 after buying 409 additional shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in Fresenius Medical Care AG & Co. KGaA in Q1 for approximately $67,000. Finally, GHP Investment Advisors Inc. acquired a new stake in Fresenius Medical Care AG & Co. KGaA in Q1 worth approximately $72,000. 4.73% of the shares are currently held by institutional investors.

Pricing performance of Fresenius Medical Care AG & Co. KGaA

NYSE FMS shares opened at $22.78 on Friday. Fresenius Medical Care AG & Co. KGaA has a 52-week low of $22.09 and a 52-week high of $41.38. The stock has a market capitalization of $13.35 billion, a price/earnings ratio of 13.02, a PEG ratio of 0.90 and a beta of 1.21. The company’s 50-day moving average price is $26.39 and its 200-day moving average price is $30.52. The company has a current ratio of 1.26, a quick ratio of 0.93 and a debt ratio of 0.51.

Fresenius Medical Care AG & Co. KGaA (NYSE: FMS – Get a rating) last released its quarterly results on Wednesday, May 4. The company reported earnings per share (EPS) of $0.38 for the quarter, beating the consensus estimate of $0.30 by $0.08. The company posted revenue of $5.10 billion for the quarter, versus $4.97 billion expected by analysts. Fresenius Medical Care AG & Co. KGaA achieved a net margin of 4.91% and a return on equity of 6.99%. As a group, research analysts expect Fresenius Medical Care AG & Co. KGaA to post earnings per share of 1.98 for the current fiscal year.

Fresenius Medical Care AG & Co. KGaA reduces its dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 27. Investors of record on Monday, May 16 received a dividend of $0.7093 per share. This represents a dividend yield of 3.4%. The ex-dividend date was Friday, May 13. The dividend distribution rate of Fresenius Medical Care AG & Co. KGaA is currently 28.00%.

Fresenius Medical Care AG & Co. KGaA Company Profile

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Fresenius Medical Care AG & Co KGaA provides dialysis care and related dialysis care services in Germany, North America and abroad. It offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; equipment, training and patient support services including clinical monitoring, assisting with follow-up and arranging delivery of supplies to the patient’s home; and contracted dialysis services with hospitals in the United States for hospitalized patients with end-stage renal disease (ESRD) and for patients with acute renal failure.

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

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