S&T Bank Trimmed Stake in 3M Co (MMM) by $579,696; Cantab Capital Partners Llp Decreased Holding in Analog Devices Cmn (ADI) by $371.06 Million

December 15, 2017 - By Migdalia James

S&T Bank decreased its stake in 3M Co (MMM) by 4.68% based on its latest 2017Q2 regulatory filing with the SEC. S&T Bank sold 2,787 shares as the company’s stock rose 7.02% with the market. The institutional investor held 56,709 shares of the medical and dental instruments company at the end of 2017Q2, valued at $11.81 million, down from 59,496 at the end of the previous reported quarter. S&T Bank who had been investing in 3M Co for a number of months, seems to be less bullish one the $141.74B market cap company. The stock decreased 0.04% or $0.1 during the last trading session, reaching $237.98. About 2.77M shares traded or 44.97% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since December 15, 2016 and is uptrending. It has outperformed by 1.89% the S&P500.

Cantab Capital Partners Llp decreased its stake in Analog Devices Inc. Cmn (ADI) by 32.15% based on its latest 2017Q2 regulatory filing with the SEC. Cantab Capital Partners Llp sold 4,767 shares as the company’s stock declined 1.50% while stock markets rallied. The institutional investor held 10,059 shares of the technology company at the end of 2017Q2, valued at $783.00 million, down from 14,826 at the end of the previous reported quarter. Cantab Capital Partners Llp who had been investing in Analog Devices Inc. Cmn for a number of months, seems to be less bullish one the $31.96 billion market cap company. The stock increased 1.46% or $1.25 during the last trading session, reaching $86.69. About 2.46 million shares traded or 2.56% up from the average. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since December 15, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Cantab Capital Partners Llp, which manages about $697.08M US Long portfolio, upped its stake in Bunge Limited. Ord Cmn (NYSE:BG) by 1,854 shares to 35,687 shares, valued at $2.66B in 2017Q2, according to the filing. It also increased its holding in Pinnacle Foods Inc. Cmn (NYSE:PF) by 11,786 shares in the quarter, for a total of 26,748 shares, and has risen its stake in Wyndham Worldwide Corp. Cmn (NYSE:WYN).

Investors sentiment decreased to 1.14 in 2017 Q2. Its down 1.62, from 2.76 in 2017Q1. It turned negative, as 66 investors sold ADI shares while 222 reduced holdings. 79 funds opened positions while 248 raised stakes. 313.75 million shares or 0.35% less from 314.84 million shares in 2017Q1 were reported. Parkwood Limited Com has 4,597 shares. Tirschwell & Loewy owns 328,315 shares. Cookson Peirce & accumulated 10,440 shares or 0.09% of the stock. Carroll Financial Assocs Incorporated reported 384 shares or 0% of all its holdings. Profund Advisors Ltd has invested 0.37% in Analog Devices, Inc. (NASDAQ:ADI). Mirae Asset Global Limited invested in 0.08% or 60,213 shares. New York-based Brown Brothers Harriman And has invested 0% in Analog Devices, Inc. (NASDAQ:ADI). Bb&T Corp accumulated 18,709 shares. Guggenheim Capital Limited Liability Company holds 994,080 shares or 0.2% of its portfolio. Choate Investment stated it has 293,089 shares. Zeke Advisors Llc holds 2,898 shares. Grantham Mayo Van Otterloo Co Ltd Limited Liability Company owns 661,992 shares. Japan-based Nomura has invested 0.03% in Analog Devices, Inc. (NASDAQ:ADI). Security National Tru Co holds 103 shares or 0% of its portfolio. Gam Ag owns 175,098 shares for 0.2% of their portfolio.

Since August 21, 2017, it had 0 buys, and 13 sales for $11.60 million activity. STATA RAY sold $2.09 million worth of stock or 25,000 shares. CHAMPY JAMES had sold 12,500 shares worth $1.13 million. SEIF MARGARET K sold $233,430 worth of Analog Devices, Inc. (NASDAQ:ADI) on Monday, August 21. Real Peter sold $402,882 worth of Analog Devices, Inc. (NASDAQ:ADI) on Monday, October 23. Henderson Gregory N. sold $539,439 worth of Analog Devices, Inc. (NASDAQ:ADI) on Thursday, August 31. Another trade for 9,303 shares valued at $785,759 was sold by NOVICH NEIL S.

Among 29 analysts covering Analog Devices (NASDAQ:ADI), 18 have Buy rating, 0 Sell and 11 Hold. Therefore 62% are positive. Analog Devices had 109 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Monday, July 3. On Tuesday, March 14 the stock rating was maintained by Credit Suisse with “Outperform”. Morgan Stanley upgraded Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, July 27. Morgan Stanley has “Overweight” rating and $78 target. RBC Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Monday, October 2. RBC Capital Markets has “Buy” rating and $95.0 target. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Market Perform” rating by BMO Capital Markets on Wednesday, August 19. UBS maintained it with “Neutral” rating and $64 target in Wednesday, August 19 report. Citigroup downgraded the stock to “Neutral” rating in Wednesday, July 27 report. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by Drexel Hamilton on Tuesday, November 21. Goldman Sachs initiated it with “Sell” rating and $50 target in Thursday, June 2 report. Jefferies maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Monday, June 26. Jefferies has “Buy” rating and $10000 target.

Investors sentiment increased to 0.91 in 2017 Q2. Its up 0.10, from 0.81 in 2017Q1. It improved, as 45 investors sold MMM shares while 589 reduced holdings. 131 funds opened positions while 449 raised stakes. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Walter Keenan Consulting Company Mi Adv holds 15,819 shares or 1.63% of its portfolio. Engineers Gate Manager Limited Partnership stated it has 0.13% of its portfolio in 3M Company (NYSE:MMM). Bremer Natl Association owns 33,330 shares. Vantage Invest Advisors Ltd Limited Liability Company owns 1.6% invested in 3M Company (NYSE:MMM) for 26,652 shares. 9,718 were reported by Regal Investment Advisors Limited Liability Company. Wealthtrust holds 220 shares or 0.02% of its portfolio. Skylands Cap Limited Liability Company accumulated 0.04% or 1,340 shares. Peapack Gladstone Financial Corporation reported 75,445 shares or 0% of all its holdings. 25,777 are held by Community Comml Bank Na. Keating Inv Counselors Inc has 3.17% invested in 3M Company (NYSE:MMM) for 34,736 shares. Godshalk Welsh Management has invested 0.81% in 3M Company (NYSE:MMM). Schwartz Inv Counsel reported 153,500 shares or 2.05% of all its holdings. 10 were reported by Cardinal Cap Incorporated. Endurance Wealth Incorporated has invested 0.12% of its portfolio in 3M Company (NYSE:MMM). Boston Private Wealth Ltd Liability invested in 55,413 shares or 0.45% of the stock.

Analysts await 3M Company (NYSE:MMM) to report earnings on January, 23. They expect $2.00 earnings per share, up 6.38% or $0.12 from last year’s $1.88 per share. MMM’s profit will be $1.19B for 29.75 P/E if the $2.00 EPS becomes a reality. After $2.33 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts -14.16% negative EPS growth.

Among 15 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. 3M had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, July 19 with “Hold”. The firm earned “Underweight” rating on Wednesday, September 20 by JP Morgan. The rating was upgraded by Barclays Capital on Monday, October 24 to “Overweight”. Credit Suisse maintained the stock with “Buy” rating in Friday, April 28 report. Stifel Nicolaus maintained 3M Company (NYSE:MMM) rating on Wednesday, December 13. Stifel Nicolaus has “Hold” rating and $245.0 target. The stock has “Equal-Weight” rating by Barclays Capital on Monday, October 5. On Friday, October 23 the stock rating was maintained by RBC Capital Markets with “Underperform”. The firm has “Buy” rating by UBS given on Wednesday, December 16. The company was maintained on Tuesday, April 19 by Citigroup. The rating was initiated by Citigroup on Thursday, January 21 with “Buy”.

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