3M Co (MMM) Share Value Declined While Edgemoor Investment Advisors Has Decreased Its Holding by $452,295; As Intel (INTC) Shares Declined, Shareholder Tnb Financial Upped Its Position

3M Company (NYSE:MMM) Logo

Tnb Financial increased its stake in Intel Corp (INTC) by 9.97% based on its latest 2019Q1 regulatory filing with the SEC. Tnb Financial bought 15,936 shares as the company’s stock declined 0.41% . The institutional investor held 175,743 shares of the semiconductors company at the end of 2019Q1, valued at $9.44 million, up from 159,807 at the end of the previous reported quarter. Tnb Financial who had been investing in Intel Corp for a number of months, seems to be bullish on the $203.69 billion market cap company. The stock decreased 2.52% or $1.19 during the last trading session, reaching $45.98. About 24.98 million shares traded or 9.82% up from the average. Intel Corporation (NASDAQ:INTC) has risen 6.00% since August 11, 2018 and is uptrending. It has outperformed by 6.00% the S&P500. Some Historical INTC News: 07/03/2018 - Sen. King: In Intel Hearing, King Presses Witnesses on Security Clearance Process; 26/04/2018 - Intel Next Up for Chipmakers Coming Off Worst Slump Since 2011; 19/03/2018 - INTEL CORP - RISA LAVIZZO-MOUREY HAS BEEN ELECTED TO INTEL’S BOARD OF DIRECTORS; 26/04/2018 - Intel Sees 2018 Rev $67.5B; 25/04/2018 - China’s upstart chip companies aim to topple Samsung, Intel and TSMC; 15/03/2018 - Asetek: Asetek Announces Ongoing Collaboration with Intel on Liquid Cooling for Servers and Datacenters; 13/03/2018 - CONNECTIONS™: The Premier Connected Home Conference Features Keynotes from Comcast, Google, Intel, Samsung, and T-Mobile; 02/04/2018 - DDN Named Datacenter Platform Partner of the Year at Intel Technology Partner Awards, Recognizing its Market Leadership at Scale; 18/04/2018 - Intel is ditching its wearables effort; 27/04/2018 - Intel beat on both the top and bottom lines in the first quarter

Edgemoor Investment Advisors Inc decreased its stake in 3M Co (MMM) by 2.69% based on its latest 2019Q1 regulatory filing with the SEC. Edgemoor Investment Advisors Inc sold 2,185 shares as the company’s stock declined 6.10% . The institutional investor held 78,898 shares of the medical and dental instruments company at the end of 2019Q1, valued at $16.39 million, down from 81,083 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in 3M Co for a number of months, seems to be less bullish one the $94.04 billion market cap company. The stock decreased 0.46% or $0.75 during the last trading session, reaching $163.47. About 1.50M shares traded. 3M Company (NYSE:MMM) has declined 14.82% since August 11, 2018 and is downtrending. It has underperformed by 14.82% the S&P500. Some Historical MMM News: 21/05/2018 - ALJ REGIONAL HOLDINGS INC - REAFFIRMS GUIDANCE RANGE FOR FULL FISCAL YEAR ENDING SEPT 30, 2018 - SEC FILING; 05/03/2018 - 3M Announces New Leadership Appointments; 09/05/2018 - 3M CO - STOCKHOLDERS ELECTED EACH OF TWELVE NOMINEES TO BOARD FOR A ONE-YEAR TERM; 09/03/2018 - FDA: 3M Company - Health Care Business- FUTURO (TM) SPORT, QUICK STRAP ANKLE SUPPORT, REF 47736GEN, UPC 0 51131 19692 6; 24/04/2018 - 3M 1Q Adj EPS $2.50; 26/04/2018 - RadioResource: Harris XL Radios Integrated with 3M Scott SCBA Equipment; 01/05/2018 - 3M Co at Bernstein Strategic Decisions CEO Conference May 31; 24/05/2018 - Australia 3M Interbank Yield at 1.90% by End-2Q18 (Survey); 17/04/2018 - 3M Design and Architectural Markets Business Inspire Visitors at Milan Design Week 2018; 30/05/2018 - 3M Co at Bernstein Strategic Decisions CEO Conference Tomorrow

Analysts await 3M Company (NYSE:MMM) to report earnings on October, 22. They expect $2.59 EPS, up 0.39% or $0.01 from last year’s $2.58 per share. MMM’s profit will be $1.49B for 15.78 P/E if the $2.59 EPS becomes a reality. After $2.20 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 17.73% EPS growth.

Edgemoor Investment Advisors Inc, which manages about $707.10M and $759.79 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 6,664 shares to 28,924 shares, valued at $4.82M in 2019Q1, according to the filing. It also increased its holding in Ares Cap Corp (NASDAQ:ARCC) by 33,148 shares in the quarter, for a total of 713,365 shares, and has risen its stake in Blackstone Mtg Tr Inc (NYSE:BXMT).

More notable recent 3M Company (NYSE:MMM) news were published by: Finance.Yahoo.com which released: “INVESTOR ALERT - 3M Company (MMM) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action and Lead Plaintiff Deadline: September 27, 2019 - Yahoo Finance” on August 05, 2019, also Investorplace.com with their article: “3M Stock Can ‘Flex and Seal’ Its Way to a Recovery - Investorplace.com” published on August 05, 2019, Prnewswire.com published: “Hagens Berman Alerts Long-Time Shareholders of 3M Company (MMM) to Firm’s Investigation of Possible Wrongdoing by Directors - PRNewswire” on August 09, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Investorplace.com and their article: “The 3% Yield for 3M Stock Makes It an Attractive Value Buy - Investorplace.com” published on July 23, 2019 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: MMM EROS BUD RBGLY: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines - GlobeNewswire” with publication date: August 07, 2019.

Since May 9, 2019, it had 1 buy, and 0 selling transactions for $176,260 activity.

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. Cahill Advsrs reported 0.84% in 3M Company (NYSE:MMM). Boston Common Asset Limited Liability Corporation reported 41,922 shares. Roffman Miller Pa holds 2.82% in 3M Company (NYSE:MMM) or 119,307 shares. Shelton Cap Mngmt has invested 0.03% in 3M Company (NYSE:MMM). Private Advisor Group holds 0.22% or 53,682 shares in its portfolio. Bb&T Ltd Liability reported 160,596 shares. Wedgewood Pa invested in 5,632 shares. Colony Group Incorporated Lc owns 5,713 shares or 0.05% of their US portfolio. Moreover, Rafferty Asset Management Limited Liability Corp has 0% invested in 3M Company (NYSE:MMM). Bristol John W And Com Ny holds 2.11% or 370,871 shares in its portfolio. Cwm Ltd Liability accumulated 5,350 shares. Ftb Incorporated holds 0.24% or 14,447 shares in its portfolio. Commercial Bank Of The West invested in 8,285 shares. Fiera reported 2.41 million shares stake. Bridges Inv Mngmt Inc stated it has 0.36% of its portfolio in 3M Company (NYSE:MMM).

Investors sentiment decreased to 0.86 in 2019 Q1. Its down 0.14, from 1 in 2018Q4. It turned negative, as 61 investors sold INTC shares while 733 reduced holdings. 139 funds opened positions while 541 raised stakes. 2.84 billion shares or 4.15% less from 2.96 billion shares in 2018Q4 were reported. 289,319 are owned by Lvm Cap Mngmt Ltd Mi. Moreover, Van Hulzen Asset Management Limited Company has 1.89% invested in Intel Corporation (NASDAQ:INTC) for 130,865 shares. Wilsey Asset Management Inc reported 6.51% in Intel Corporation (NASDAQ:INTC). Fishman Jay A Mi holds 0% or 60,330 shares in its portfolio. Mycio Wealth Prns Limited Com holds 0.11% in Intel Corporation (NASDAQ:INTC) or 24,523 shares. Sns Fincl Grp stated it has 23,172 shares or 0.27% of all its holdings. The Massachusetts-based Srb Corp has invested 20.47% in Intel Corporation (NASDAQ:INTC). Sumitomo Life holds 1.23% of its portfolio in Intel Corporation (NASDAQ:INTC) for 170,002 shares. Shelton reported 38,645 shares. 20,970 are held by Baker Ellis Asset Management Limited Liability Corp. Westover Capital Advsr Lc owns 0.45% invested in Intel Corporation (NASDAQ:INTC) for 16,132 shares. Meritage Port Mngmt accumulated 131,289 shares or 0.71% of the stock. The Virginia-based Culbertson A N And Com Incorporated has invested 2.37% in Intel Corporation (NASDAQ:INTC). Pnc Svcs Grp holds 0.82% or 15.25M shares in its portfolio. Massmutual Trust Communications Fsb Adv, Connecticut-based fund reported 249,020 shares.

Tnb Financial, which manages about $542.01 million US Long portfolio, decreased its stake in Flowers Foods Inc (NYSE:FLO) by 41,495 shares to 726,416 shares, valued at $15.49 million in 2019Q1, according to the filing.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “Can the Bulls Send AMD Stock Rocketing to New Highs? - Nasdaq” on July 12, 2019, also Nasdaq.com with their article: “Intel (INTC) Stock Sinks As Market Gains: What You Should Know - Nasdaq” published on June 19, 2019, Nasdaq.com published: “4 Ways the Trade War Will Continue to Affect Micron Stock - Nasdaq” on August 06, 2019. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Notable Monday Option Activity: PZZA, VAC, INTC - Nasdaq” published on August 05, 2019 as well as Nasdaq.com‘s news article titled: “Intel (INTC) Beats on Earnings in Q2, Inks Deal With Apple - Nasdaq” with publication date: July 26, 2019.

3M Company (NYSE:MMM) 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.