Stock Yards Bank & Trust Co Trimmed 3M Co (MMM) Holding By $362,197; ALTIGEN COMMUNICATIONS (ATGN) Shorts Raised By 7.14%

February 21, 2018 - By mmahotstuff

Stock Yards Bank & Trust Co decreased 3M Co (MMM) stake by 7.55% reported in 2017Q3 SEC filing. Stock Yards Bank & Trust Co sold 1,733 shares as 3M Co (MMM)’s stock rose 7.02%. The Stock Yards Bank & Trust Co holds 21,213 shares with $4.45M value, down from 22,946 last quarter. 3M Co now has $139.98 billion valuation. The stock decreased 0.68% or $1.6 during the last trading session, reaching $235.07. About 2.68M shares traded or 11.76% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since February 21, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

ALTIGEN COMMUNICATIONS INC (OTCMKTS:ATGN) had an increase of 7.14% in short interest. ATGN’s SI was 1,500 shares in February as released by FINRA. Its up 7.14% from 1,400 shares previously. The SI to ALTIGEN COMMUNICATIONS INC’s float is 0.01%. The stock increased 3.51% or $0.02 during the last trading session, reaching $0.62. About shares traded. AltiGen Communications, Inc. (OTCMKTS:ATGN) has 0.00% since February 21, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await 3M Company (NYSE:MMM) to report earnings on April, 24. They expect $2.53 earnings per share, up 17.13% or $0.37 from last year’s $2.16 per share. MMM’s profit will be $1.51 billion for 23.23 P/E if the $2.53 EPS becomes a reality. After $2.10 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts 20.48% EPS growth.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It dropped, as 59 investors sold MMM shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Moreover, Ci Investments Inc has 0% invested in 3M Company (NYSE:MMM). Kings Point Cap Management reported 0.08% stake. Blue Fincl holds 0.14% in 3M Company (NYSE:MMM) or 1,100 shares. Cookson Peirce Com Incorporated reported 0.75% in 3M Company (NYSE:MMM). First Personal Fincl Svcs has 0.27% invested in 3M Company (NYSE:MMM) for 6,140 shares. Moreover, Ami Asset has 1.58% invested in 3M Company (NYSE:MMM). Schwartz Counsel, a Michigan-based fund reported 153,400 shares. Cincinnati Specialty Underwriters Insurance Com holds 7.38% in 3M Company (NYSE:MMM) or 40,100 shares. Naples Global Advisors Limited Liability Corporation holds 0.83% or 11,778 shares. Spirit Of America New York holds 5,650 shares. Amalgamated Savings Bank invested 0.46% of its portfolio in 3M Company (NYSE:MMM). Linscomb & Williams invested in 0.07% or 4,107 shares. Utd State Bank invested in 9,514 shares or 0.79% of the stock. 339,826 were reported by Cibc World Mkts Corp. Meiji Yasuda Asset Management Limited reported 19,782 shares.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 79 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of 3M Company (NYSE:MMM) earned “Outperform” rating by Credit Suisse on Wednesday, October 25. As per Tuesday, February 13, the company rating was upgraded by Deutsche Bank. RBC Capital Markets maintained 3M Company (NYSE:MMM) on Wednesday, January 3 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 15. RBC Capital Markets maintained the stock with “Underperform” rating in Wednesday, October 26 report. The rating was maintained by RBC Capital Markets on Tuesday, August 4 with “Underperform”. Hilliard Lyons upgraded 3M Company (NYSE:MMM) on Wednesday, January 24 to “Buy” rating. The rating was maintained by Jefferies with “Buy” on Friday, May 26. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, December 16.

Since October 27, 2017, it had 0 insider buys, and 20 sales for $33.77 million activity. 44 shares were sold by THULIN INGE G, worth $11,102 on Wednesday, January 31. Shin Hak Cheol sold $1.86M worth of stock. 13,480 3M Company (NYSE:MMM) shares with value of $3.33 million were sold by Keel Paul A. Bauman James L had sold 8,834 shares worth $2.19M. Gangestad Nicholas C also sold $419,846 worth of 3M Company (NYSE:MMM) on Thursday, February 1. 400 3M Company (NYSE:MMM) shares with value of $92,023 were sold by Lindekugel Jon T. 225 3M Company (NYSE:MMM) shares with value of $56,178 were sold by Vrohidis Ippocratis.

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