100,000 Shares in MP Materials Corp. $MP Purchased by Deuterium Capital Management LLC

Deuterium Capital Management LLC acquired a new position in MP Materials Corp. (NYSE:MP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,729,000. MP Materials makes up about 5.1% of Deuterium Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp increased its holdings in MP Materials by 5.1% during the 2nd quarter. State Street Corp now owns 7,773,746 shares of the company’s stock worth $435,408,000 after purchasing an additional 376,519 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of MP Materials in the 2nd quarter worth $65,230,000. Principal Financial Group Inc. lifted its holdings in shares of MP Materials by 32.4% in the 1st quarter. Principal Financial Group Inc. now owns 919,083 shares of the company’s stock worth $44,355,000 after buying an additional 225,009 shares during the period. Alps Advisors Inc. grew its position in shares of MP Materials by 26.0% during the 3rd quarter. Alps Advisors Inc. now owns 763,110 shares of the company’s stock worth $36,087,000 after buying an additional 157,272 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of MP Materials by 1.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 564,808 shares of the company’s stock worth $31,635,000 after buying an additional 8,556 shares in the last quarter. Institutional investors own 52.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MP shares. JPMorgan Chase & Co. cut their price target on MP Materials from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Canaccord Genuity Group lowered their price objective on shares of MP Materials from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Monday. DA Davidson reaffirmed a “buy” rating and issued a $82.00 price objective on shares of MP Materials in a research note on Monday, August 24th. Barclays dropped their target price on shares of MP Materials from $65.00 to $54.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Robert W. Baird cut their target price on shares of MP Materials from $80.00 to $65.00 and set an “outperform” rating on the stock in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $69.50.

MP Materials Stock Performance

Shares of MP stock opened at $36.42 on Wednesday. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of -165.55 and a beta of 2.05. MP Materials Corp. has a 52-week low of $31.90 and a 52-week high of $76.80. The company has a quick ratio of 6.04, a current ratio of 6.75 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $44.91 and its 200 day moving average is $54.14.

MP Materials (NYSE:MP) last posted its earnings results on Thursday, November 5th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.06. The company had revenue of $147.66 million during the quarter, compared to analyst estimates of $117.37 million. MP Materials had a negative return on equity of 0.05% and a negative net margin of 9.90%. MP Materials’s revenue was up 175.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.10) earnings per share. On average, sell-side analysts anticipate that MP Materials Corp. will post -0.21 EPS for the current fiscal year.

More MP Materials News

Here are the key news stories impacting MP Materials this week:

• Positive Sentiment: Freedom Broker upgraded MP Materials from “hold” to “buy” and set a $51 price target, adding to the positive analyst outlook. Freedom Broker rating
• Positive Sentiment: MP’s third-quarter results beat estimates: revenue rose 176% year over year to about $147.7 million, supported by higher NdPr sales and pricing. Management also cited customer demand well above planned magnet capacity and progress toward GM shipments. MP Q3 earnings report
• Neutral Sentiment: China extended its pause on certain rare-earth export controls until January. The reprieve may ease near-term supply concerns, though it could also lessen urgency around alternative suppliers. China export-control update
• Negative Sentiment: Barclays cut its price target from $65 to $54, while keeping an “overweight” rating. Canaccord also recently lowered its target, from $82 to $70, despite retaining a “buy” rating—suggesting analysts are tempering expectations even as they remain broadly constructive. Barclays price target update

About MP Materials

MP Materials operates the Mountain Pass rare earth mine and processing facility in California. The site is a major North American source of rare earth materials, which are used in products such as electric vehicles, wind turbines, electronics and defense systems. The company mines and processes rare earth ore into concentrate and separated products, including neodymium-praseodymium (NdPr), a key input for high-strength permanent magnets. MP Materials is also developing domestic magnet manufacturing capabilities to extend its business further along the supply chain.