3M's (MMM) "Buy" Rating Reaffirmed at Argus

The institutional investor held 17,325 shares of the medical and dental instruments company at the end of 2017Q3, valued at $3.64 million, up from 15,819 at the end of the previous reported quarter. Steelhead Partners Llc who had been investing in Northern Dynasty Minerals Lt for a number of months, seems to be bullish on the $504.04 million market cap company. The stock increased 1.65% or $1.83 during the last trading session, reaching $112.67. The stock was sold at an average price of $233.14, for a total value of $1,590,714.22.

Shares of 3M Co (NYSE:MMM) opened at $241.14 on Thursday. It has underperformed by 4.51% the S&P500.

Whittier Trust Co decreased its stake in 3M Co (MMM) by 11.56% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 64,779 shares of the business services company at the end of 2017Q3, valued at $6.82 million, up from 61,513 at the end of the previous reported quarter. Blue Bell Private Wealth Management Llc who had been investing in 3M Company for a number of months, seems to be less bullish one the $145.61 billion market cap company.

Shares of 3M (NYSE MMM) traded up $2.16 during trading on Friday, reaching $244.47. The shares were sold at an average price of $166.71, for a total transaction of $1,795,633.41. 3M Company (NYSE:MMM) has risen 18.59% since January 14, 2017 and is uptrending. It has outperformed by 1.89% the S&P500. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock.

Ratings analysis reveals 47% of 3M's analysts are positive.

In related news, VP Khandpur K. Ashish sold 4,004 shares of the firm's stock in a transaction that occurred on Wednesday, November 1st. The firm earned "Buy" rating on Tuesday, June 6 by Bank of America. Citigroup reported 400,558 shares. Bank of America reissued a "buy" rating and issued a $227.00 price objective on shares of 3M in a research report on Thursday, September 14th.

Among 15 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 5 Hold. Compass Point maintained it with "Neutral" rating and $66 target in Wednesday, August 5 report. The stock has "Market Perform" rating by Bernstein on Wednesday, March 30.

Since August 11, 2017, it had 0 insider buys, and 8 selling transactions for $5.40 million activity. Another trade for 4,004 shares valued at $936,291 was sold by Gangestad Nicholas C. 4,965 3M Company (NYSE:MMM) shares with value of $1.02 million were sold by Keel Paul A. Shares for $92,023 were sold by Lindekugel Jon T on Tuesday, October 31. During the same period in the previous year, the company posted $2.15 earnings per share. analysts predict that 3M Co will post 9.09 EPS for the current year.

Investors sentiment decreased to 0.77 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2. The legal version of this piece can be viewed at https://www.truebluetribune.com/2018/01/11/3m-co-mmm-shares-sold-by-dnb-asset-management-as.html. Harfst & Associates Inc. raised its stake in shares of 3M by 17.0% during the 2nd quarter.

Spinnaker Trust holds 15.51% of its portfolio in 3M Company for 591,300 shares. Kornitzer Cap Ks reported 0.55% stake. Heritage Investors Management, a Maryland-based fund reported 26,973 shares. Finally, Zacks Investment Research lowered shares of 3M from a "hold" rating to a "sell" rating in a research report on Tuesday, October 3rd. Page Arthur B has invested 4.18% in 3M Company (NYSE:MMM). Macguire Cheswick And Tuttle Counsel Limited Liability Co holds 0.26% of its portfolio in Visa Inc. Pnc Svcs Grp Inc holds 3.30 million shares or 0.72% of its portfolio. Condor Mngmt stated it has 1.43% in 3M Company (NYSE:MMM). Independent Investors holds 599 shares. One Mgmt Ltd Liability reported 998 shares stake. Northcoast Asset Mgmt Ltd Company invested 3.01% in The Allstate Corporation (NYSE:ALL). Bourgeon Capital Limited Liability holds 7,811 shares. Columbia Asset Management owns 34,387 shares.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on February, 7. They expect $1.63 earnings per share, down 24.88% or $0.54 from last year's $2.17 per share. The stock has a market cap of $107.46 billion, a PE ratio of 22.527 and a beta of 1.05. 3M has an average rating of "Hold" and an average target price of $232.15. Therefore 26% are positive. Visa Inc. had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Friday, April 28 with "Buy". The company was maintained on Friday, May 26 by Jefferies. (NYSE:FE) on Friday, September 8 with "Overweight" rating. On Tuesday, August 25 the stock rating was maintained by Deutsche Bank with "Hold". The stock of FirstEnergy Corp. Buckingham Research initiated The Allstate Corporation (NYSE:ALL) on Monday, September 11 with "Sell" rating. The stock has "Hold" rating by Keefe Bruyette & Woods on Friday, August 18. As per Wednesday, July 20, the company rating was maintained by Citigroup. Citigroup maintained the shares of MMM in report on Monday, October 9 with "Buy" rating.

Northeast Investment Management, which manages about $1.26B and $1.13 billion US Long portfolio, upped its stake in Bristol Myers Squibb Co (NYSE:BMY) by 5,960 shares to 272,916 shares, valued at $17.40M in 2017Q3, according to the filing.

Investors sentiment increased to 1.38 in 2017 Q3. Its down 0.08, from 1.21 in 2017Q2. It improved, as 27 investors sold BLK shares while 287 reduced holdings. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Symons Management Incorporated holds 367,337 shares. Wms Ltd Liability holds 28,259 shares or 0.71% of its portfolio. Montecito Fincl Bank owns 13,068 shares or 0.48% of their United States portfolio. Stoneridge Investment Ltd Liability reported 1.05% in The Allstate Corporation (NYSE:ALL). Cliftonlarsonallen Wealth Advsrs Lc stated it has 13,389 shares. (NYSE:FE). 509,600 are held by Chevy Chase Hldgs. The company has a current ratio of 2.07, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89. (NYSE:FE). Moreover, Fjarde Ap has 0.06% invested in FirstEnergy Corp.

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