3M Company (MMM) Stock Value Declined While Coho Partners LTD Lowered by $3.67 Million Its Position; Winslow Capital Management Has Lowered Its The Priceline Group (PCLN) Position by $121.11 Million

April 24, 2018 - By Michael Collier

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Coho Partners Ltd decreased its stake in 3M Company (MMM) by 3.43% based on its latest 2017Q4 regulatory filing with the SEC. Coho Partners Ltd sold 15,629 shares as the company’s stock declined 8.03% with the market. The institutional investor held 439,917 shares of the medical and dental instruments company at the end of 2017Q4, valued at $103.54 million, down from 455,546 at the end of the previous reported quarter. Coho Partners Ltd who had been investing in 3M Company for a number of months, seems to be less bullish one the $128.39B market cap company. The stock decreased 0.86% or $1.87 during the last trading session, reaching $215.88. About 2.52M shares traded. 3M Company (NYSE:MMM) has risen 13.36% since April 24, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Winslow Capital Management Llc decreased its stake in The Priceline Group Inc (PCLN) by 36.39% based on its latest 2017Q4 regulatory filing with the SEC. Winslow Capital Management Llc sold 69,724 shares as the company’s stock 0.00% . The institutional investor held 121,857 shares of the business services company at the end of 2017Q4, valued at $211.76M, down from 191,581 at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in The Priceline Group Inc for a number of months, seems to be less bullish one the $92.94 billion market cap company. The stock decreased 0.07% or $1.38 during the last trading session, reaching $1905.64. About 570,074 shares traded or 40.94% up from the average. Booking Holdings Inc. (NASDAQ:PCLN) has 0.00% since April 24, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment is 1.03 in Q4 2017. Its the same as in 2017Q3. It has no change, as 86 investors sold PCLN shares while 311 reduced holdings. only 96 funds opened positions while 311 raised stakes. 43.90 million shares or 12.31% less from 50.07 million shares in 2017Q3 were reported. Ls Investment Lc holds 0.1% in Booking Holdings Inc. (NASDAQ:PCLN) or 956 shares. Mutual Of America Cap Management Llc holds 0.16% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN) for 6,139 shares. Gabalex Capital Mngmt Ltd Liability Corp holds 4.24% or 8,500 shares in its portfolio. 10,152 are owned by Huntington Savings Bank. 32 were reported by Plante Moran Financial Limited Liability. Glenmede Na holds 0.33% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN) for 44,950 shares. 10 were reported by Peoples Svcs. 20,609 were reported by Riverpark Advisors Lc. Northern Tru Corporation holds 0.25% in Booking Holdings Inc. (NASDAQ:PCLN) or 576,393 shares. Fort Washington Inv Advsr Inc Oh invested in 1% or 57,964 shares. Shine Invest Advisory Inc, a Colorado-based fund reported 47 shares. Moreover, First Bancorp Of Hutchinson has 0.41% invested in Booking Holdings Inc. (NASDAQ:PCLN). Virtus Advisers holds 45,483 shares. Bridgeway Mngmt Inc has 0.04% invested in Booking Holdings Inc. (NASDAQ:PCLN). Par owns 138,005 shares.

Winslow Capital Management Llc, which manages about $33.78 billion and $18.18 billion US Long portfolio, upped its stake in Northrop Grumman Corp (NYSE:NOC) by 123,528 shares to 775,351 shares, valued at $237.96M in 2017Q4, according to the filing. It also increased its holding in Adobe Systems Inc (NASDAQ:ADBE) by 682,503 shares in the quarter, for a total of 1.56 million shares, and has risen its stake in Nike Inc (NYSE:NKE).

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Hold” on Tuesday, July 25. Deutsche Bank downgraded Booking Holdings Inc. (NASDAQ:PCLN) on Thursday, November 5 to “Hold” rating. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 7. As per Friday, December 1, the company rating was downgraded by Argus Research. The firm earned “Hold” rating on Tuesday, September 5 by KeyBanc Capital Markets. Benchmark maintained Booking Holdings Inc. (NASDAQ:PCLN) rating on Tuesday, November 8. Benchmark has “Buy” rating and $1800 target. The stock has “Buy” rating by Deutsche Bank on Friday, August 5. As per Wednesday, August 5, the company rating was maintained by RBC Capital Markets. The company was maintained on Tuesday, February 28 by Barclays Capital. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, January 27.

Since December 15, 2017, it had 0 buys, and 7 insider sales for $10.38 million activity. 122 shares valued at $216,299 were sold by Tans Gillian on Friday, December 15. Another trade for 3,629 shares valued at $7.94M was made by MILLONES PETER J on Thursday, March 15.

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.06, from 0.77 in 2017Q3. It is positive, as 47 investors sold MMM shares while 635 reduced holdings. 147 funds opened positions while 416 raised stakes. 383.04 million shares or 1.04% less from 387.06 million shares in 2017Q3 were reported. Altfest L J And has 0.57% invested in 3M Company (NYSE:MMM). Massachusetts-based Bollard Gp Limited Liability Company has invested 0.04% in 3M Company (NYSE:MMM). Edgar Lomax Comm Va holds 72,494 shares or 1.17% of its portfolio. Marietta Investment Prns Ltd Llc invested 0.9% in 3M Company (NYSE:MMM). Eagle Limited Company reported 3,810 shares or 0.03% of all its holdings. Montag A And has 0.31% invested in 3M Company (NYSE:MMM) for 13,475 shares. Boston Rech Mgmt Inc owns 20,415 shares. 164,524 are owned by Arizona State Retirement Systems. Cincinnati Fincl Corporation holds 1.96% in 3M Company (NYSE:MMM) or 189,000 shares. Atlanta Capital Management Comm L L C accumulated 0.42% or 337,246 shares. Sawgrass Asset Mgmt Ltd Liability Corp owns 1.39% invested in 3M Company (NYSE:MMM) for 129,247 shares. Endurance Wealth Management invested in 0.11% or 2,990 shares. Factory Mutual Ins Com accumulated 52,400 shares. Highstreet Asset holds 147,197 shares. Farmers owns 11,587 shares or 0.81% of their US portfolio.

Since October 27, 2017, it had 0 insider purchases, and 21 insider sales for $34.51 million activity. Fong Ivan K also sold $547,377 worth of 3M Company (NYSE:MMM) on Friday, October 27. Vale Michael G. also sold $1.54M worth of 3M Company (NYSE:MMM) shares. On Friday, February 23 Little Frank R Jr. sold $742,051 worth of 3M Company (NYSE:MMM) or 3,133 shares. $700,790 worth of 3M Company (NYSE:MMM) was sold by Bauman James L. $2.00 million worth of 3M Company (NYSE:MMM) was sold by Shin Hak Cheol. Keel Paul A also sold $3.33M worth of 3M Company (NYSE:MMM) on Thursday, February 1.

3M Company (NYSE:MMM) Institutional Positions Chart

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