3M Company (MMM) Holder Highlander Capital Management Decreased Its Position as Stock Value Declined; Lederer & Associates Investment Counsel Trimmed Its Apple (AAPL) Stake by $751,275 as Stock Rose

3M Company (NYSE:MMM) Logo

Highlander Capital Management Llc decreased its stake in 3M Company (MMM) by 39.13% based on its latest 2019Q1 regulatory filing with the SEC. Highlander Capital Management Llc sold 1,800 shares as the company’s stock declined 16.98% while stock markets rallied. The institutional investor held 2,800 shares of the medical and dental instruments company at the end of 2019Q1, valued at $582,000, down from 4,600 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in 3M Company for a number of months, seems to be less bullish one the $99.50B market cap company. The stock decreased 0.26% or $0.45 during the last trading session, reaching $172.61. About 2.36M shares traded. 3M Company (NYSE:MMM) has declined 15.38% since July 21, 2018 and is downtrending. It has underperformed by 19.81% the S&P500. Some Historical MMM News: 16/05/2018 - Governor Rauner: $3M grant from IL EPA will help fund project to switch to groundwater source for Quincy. City will pay the; 15/05/2018 - Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Dismissed | 05/15/2018; 30/04/2018 - 3M GETS FDA 510 K CLEARANCE FOR ATTEST SUPER RAPID INDICATOR; 04/04/2018 - 3M: Marlene McGrath to Retire July 1; 05/03/2018 - 3M NAMES INGE THULIN EXECUTIVE CHAIRMAN MICHAEL ROMAN CEO; 04/04/2018 - 3M CO - KRISTEN LUDGATE IS APPOINTED SENIOR VICE PRESIDENT, HUMAN RESOURCES, EFFECTIVE JULY 1, 2018; 09/03/2018 - FDA: 3M Company - Health Care Business- ACE (TM) BRAND, DELUXE ANKLE BRACE, 207736, UPC 0 51131 20387 7; 03/04/2018 - EUROFINS SCIENTIFIC SE EUFI.PA - LAB FRONTIER EMPLOYS 40 STAFF AND GENERATED REVENUES CLOSE TO EUR 3M IN 2017; 24/04/2018 - 3M trims full-year earnings and sales guidance; 09/05/2018 - 3M CO - STOCKHOLDERS DID NOT APPROVE STOCKHOLDER PROPOSAL ON SETTING TARGET AMOUNTS FOR CEO COMPENSATION - SEC FILING

Lederer & Associates Investment Counsel decreased its stake in Apple Inc (AAPL) by 12.55% based on its latest 2019Q1 regulatory filing with the SEC. Lederer & Associates Investment Counsel sold 3,975 shares as the company’s stock rose 12.19% with the market. The institutional investor held 27,686 shares of the computer manufacturing company at the end of 2019Q1, valued at $5.26 million, down from 31,661 at the end of the previous reported quarter. Lederer & Associates Investment Counsel who had been investing in Apple Inc for a number of months, seems to be less bullish one the $932.13 billion market cap company. The stock decreased 1.49% or $3.07 during the last trading session, reaching $202.59. About 20.93M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 1.47% since July 21, 2018 and is uptrending. It has underperformed by 2.96% the S&P500. Some Historical AAPL News: 24/05/2018 - scott budman: #Breaking: Jury in San Jose awards Apple $539 million from Samsung; says Samsung infringed five patents with; 28/03/2018 - Apple CEO Tim Cook: Businesses should be more than about making revenues and profits. Businesses need to give back. #RevolutionCHI; 02/04/2018 - Facebook and Apple’s CEOs are exchanging barbs, but they’re clearly dependent on each other; 27/03/2018 - APPLE TO LET IPAD USERS CREATE DIGITAL BOOKS ON IPAD ITSELF; 20/03/2018 - Cambridge Analytica CEO claims influence on US election, Facebook questioned; 15/05/2018 - Buffett told CNBC earlier this month the conglomerate had exited its holdings of International Business Machines and added 75 million shares of Apple in the quarter; 01/05/2018 - “With an eye for design, strong share in the premium (high margin) markets for smartphones and a growing (but select) number other devices, and the most valuable global brand, Apple remains one of the most significant technology companies in the world,” the firm’s analyst writes; 03/04/2018 - Apple hires Google’s search and AI chief. via @cnbctech; 12/03/2018 - Hollywood Torrent: Apple in Austin, ESPN’s new boss, Brazil’s biggest pop star; 09/04/2018 - New York Post: Tech startup sues Apple over Apple Watch’s heart rate sensor

Analysts await 3M Company (NYSE:MMM) to report earnings on July, 23. They expect $2.04 EPS, down 21.24% or $0.55 from last year’s $2.59 per share. MMM’s profit will be $1.18B for 21.15 P/E if the $2.04 EPS becomes a reality. After $2.23 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts -8.52% negative EPS growth.

More notable recent 3M Company (NYSE:MMM) news were published by: Finance.Yahoo.com which released: “Is 3M Company (MMM) A Good Stock To Buy? - Yahoo Finance” on June 11, 2019, also Seekingalpha.com with their article: “3M -1% as RBC says reputation ‘eroding’ - Seeking Alpha” published on July 09, 2019, Investorplace.com published: “How Chinese Culture Could Affect the Future of 3M Stock - Investorplace.com” on June 24, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: 247Wallst.com and their article: “5 Dow Stocks Not Allowing the DJIA a Proper Rally - 24/7 Wall St.” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “Stocks – S&P Closes Above 3,000 as Wall Street’s Rally on Rate Hopes Continues - Yahoo Finance” with publication date: July 12, 2019.

Since January 30, 2019, it had 1 insider purchase, and 10 selling transactions for $17.27 million activity. Another trade for 8,153 shares valued at $1.63M was made by Vrohidis Ippocratis on Thursday, February 7. THULIN INGE G sold $2.66M worth of stock or 13,290 shares. On Thursday, February 7 the insider Bushman Julie L sold $841,392. $1.87 million worth of 3M Company (NYSE:MMM) shares were sold by Keel Paul A. Bauman James L also sold $3.22M worth of 3M Company (NYSE:MMM) shares. Lindekugel Jon T sold $1.19M worth of 3M Company (NYSE:MMM) on Thursday, February 7.

Investors sentiment increased to 0.98 in Q1 2019. Its up 0.18, from 0.8 in 2018Q4. It increased, as 55 investors sold MMM shares while 546 reduced holdings. 135 funds opened positions while 452 raised stakes. 375.82 million shares or 5.73% less from 398.67 million shares in 2018Q4 were reported. Ls Advsrs Lc, Michigan-based fund reported 43,090 shares. Prudential Public Limited Company stated it has 353,134 shares or 0.25% of all its holdings. Ashfield Capital Partners Limited Company accumulated 49,529 shares. Hallmark Cap Mngmt owns 10,713 shares. Welch And Forbes Limited Com holds 1.11% or 213,666 shares. Buckingham Cap Mgmt Inc invested in 4,161 shares or 0.17% of the stock. Wallington Asset Management Limited Liability Corp, Indiana-based fund reported 68,260 shares. Dixon Hubard Feinour Brown Va holds 5,217 shares. Torch Wealth Mngmt Ltd Liability Com has invested 0.13% in 3M Company (NYSE:MMM). Wellington Shields Ltd stated it has 0.58% in 3M Company (NYSE:MMM). Moreover, Keystone Fincl Planning has 0.17% invested in 3M Company (NYSE:MMM) for 1,673 shares. Joel Isaacson & Ltd Llc reported 0.39% of its portfolio in 3M Company (NYSE:MMM). Edgemoor Invest Advisors Incorporated reported 2.16% in 3M Company (NYSE:MMM). Gm Advisory Gp holds 1,319 shares or 0.09% of its portfolio. Advisory Alpha Ltd Liability Corp owns 1,000 shares for 0% of their portfolio.

Highlander Capital Management Llc, which manages about $131.70 million and $161.64 million US Long portfolio, upped its stake in Synovus Financial Corp (Prn) by 405,000 shares to 1.05M shares, valued at $1.06M in 2019Q1, according to the filing. It also increased its holding in Allergan Plc by 4,050 shares in the quarter, for a total of 8,211 shares, and has risen its stake in Cvs Health Corporation (NYSE:CVS).

Investors sentiment decreased to 0.96 in Q1 2019. Its down 0.01, from 0.97 in 2018Q4. It is negative, as 79 investors sold AAPL shares while 847 reduced holdings. 150 funds opened positions while 735 raised stakes. 2.60 billion shares or 8.28% less from 2.83 billion shares in 2018Q4 were reported. The Colorado-based Amg Natl Tru Commercial Bank has invested 0.09% in Apple Inc. (NASDAQ:AAPL). Ativo Capital Mngmt Ltd Llc has 12,243 shares for 0.98% of their portfolio. Maryland-based Hussman Strategic Advsrs has invested 0.01% in Apple Inc. (NASDAQ:AAPL). Gladius Mngmt Limited Partnership has invested 0% in Apple Inc. (NASDAQ:AAPL). Harvey Investment Com Ltd Liability Corp stated it has 0.11% in Apple Inc. (NASDAQ:AAPL). Martin Invest Mngmt Lc reported 110,574 shares or 5.47% of all its holdings. Benin reported 3.07% of its portfolio in Apple Inc. (NASDAQ:AAPL). Sta Wealth Management Ltd Liability Co owns 0.51% invested in Apple Inc. (NASDAQ:AAPL) for 12,117 shares. Knightsbridge Asset Lc reported 44,870 shares. Gillespie Robinson And Grimm invested 4.3% of its portfolio in Apple Inc. (NASDAQ:AAPL). 4,690 are owned by S Muoio And Company Limited Liability. Rafferty Asset Limited Co, a New York-based fund reported 14,777 shares. Zevenbergen Cap Invests Lc holds 0.11% or 16,840 shares. Herald Invest Management Ltd has 16,110 shares. Broadview Advsr Limited Liability Company stated it has 4,000 shares or 0.21% of all its holdings.

Since February 1, 2019, it had 0 insider buys, and 1 sale for $255,087 activity.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Technology Sector Update for 07/08/2019: SYMC, AVGO, NNDM, MAXR, MSFT, AAPL, IBM, CSCO, GOOG - Nasdaq” on July 08, 2019, also Benzinga.com with their article: “As Anticipation Firms For Trump/Xi Meeting, Focus Is On Earnings, Iran Tensions - Benzinga” published on June 24, 2019, Finance.Yahoo.com published: “The Apple (NASDAQ:AAPL) Share Price Has Gained 117%, So Why Not Pay It Some Attention? - Yahoo Finance” on July 12, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “Cloud Contest: Microsoft And Amazon Fight Battle As Earnings Loom - Benzinga” published on July 17, 2019 as well as Seekingalpha.com‘s news article titled: “Apple: The Worst Case Scenario - Seeking Alpha” with publication date: July 08, 2019.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on July, 30. They expect $2.12 EPS, down 9.40% or $0.22 from last year’s $2.34 per share. AAPL’s profit will be $9.75 billion for 23.89 P/E if the $2.12 EPS becomes a reality. After $2.46 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -13.82% negative EPS growth.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.