Baytex Energy Corp (BTE) Position Raised by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of Baytex Energy Corp (NYSE:BTE) (TSE:BTE) by 137.9% in the 3rd quarter, according to the …

Baytex Energy logoVanguard Group Inc. increased its position in shares of Baytex Energy Corp (NYSE:BTE) (TSE:BTE) by 137.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,889,037 shares of the oil and gas producer’s stock after purchasing an additional 7,471,495 shares during the period. Vanguard Group Inc. owned 2.33% of Baytex Energy worth $37,507,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Shell Asset Management Co. increased its position in Baytex Energy by 131.5% during the third quarter. Shell Asset Management Co. now owns 50,466 shares of the oil and gas producer’s stock worth $146,000 after purchasing an additional 28,666 shares during the last quarter. Worth Venture Partners LLC acquired a new stake in shares of Baytex Energy during the third quarter valued at about $247,000. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in shares of Baytex Energy during the third quarter valued at about $250,000. Dynamic Technology Lab Private Ltd increased its position in shares of Baytex Energy by 79.9% during the third quarter. Dynamic Technology Lab Private Ltd now owns 87,832 shares of the oil and gas producer’s stock valued at $255,000 after acquiring an additional 39,022 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its position in shares of Baytex Energy by 121.7% during the third quarter. Great West Life Assurance Co. Can now owns 92,629 shares of the oil and gas producer’s stock valued at $268,000 after acquiring an additional 50,854 shares during the last quarter. Hedge funds and other institutional investors own 30.25% of the company’s stock.

Shares of NYSE BTE traded up $0.05 during midday trading on Tuesday, hitting $1.57. The company’s stock had a trading volume of 21,547 shares, compared to its average volume of 1,941,793. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.55 and a current ratio of 0.55. Baytex Energy Corp has a 1 year low of $1.38 and a 1 year high of $4.85. The firm has a market cap of $871.35 million, a price-to-earnings ratio of -78.50 and a beta of 2.51.

A number of brokerages have weighed in on BTE. Zacks Investment Research cut shares of Baytex Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, January 9th. Royal Bank of Canada reiterated an “average” rating and set a $5.50 price target on shares of Baytex Energy in a research report on Tuesday, November 6th. TD Securities reiterated a “buy” rating and set a $5.50 price target on shares of Baytex Energy in a research report on Monday, November 5th. Raymond James upgraded shares of Baytex Energy from a “market perform” rating to an “outperform” rating in a research report on Monday, November 5th. Finally, Desjardins reiterated a “buy” rating on shares of Baytex Energy in a research report on Friday, November 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. Baytex Energy currently has a consensus rating of “Hold” and a consensus target price of $4.90.

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About Baytex Energy

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. It offers heavy oil, heavy gravity crude oil, bitumen, light oil, and natural gas liquids. Its primary oil resource plays include the Eagle Ford in Texas, and the Peace River Oil Sands and Lloydminster heavy oil projects in North America.

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Institutional Ownership by Quarter for Baytex Energy (NYSE:BTE)

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Are Infosys Limited (INFY) And Baytex Energy Corp. (BTE) Great For Technical Traders?

13.33% of Wall Street brokerage firms rate Infosys Limited (NYSE:INFY) as a Buy, while 13.33% out of others covering the stock see it as a Sell.

13.33% of Wall Street brokerage firms rate Infosys Limited (NYSE:INFY) as a Buy, while 13.33% out of others covering the stock see it as a Sell. The rest 73.33% describe it as a Hold. INFY stock traded higher to an intra-day high of $10.94. At one point in session, its potential discontinued and the price was down to lows at $10.85. Analysts have set INFY’s consensus price at $10.29, effectively giving it a -5.6% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $13.2 (up 21.1% from current price levels). INFY has a 23.5% ROE, higher than the 15.96% average for the industry. The average ROE for the sector is 17.89%.

Infosys Limited (INFY) currently trades at $10.9, which is higher by 0.55% its previous price. It has a total of 4.24 billion outstanding shares, with an ATR of around 0.17. The company’s stock volume dropped to 5.48 million, worse than 9.81 million that represents its 50-day average. A 5-day increase of about 2.93% in its price means INFY is now 15.12% higher on year-to-date. The shares have surrendered $43192.1 since its $10.93 52-week high price recorded on 6th of February 2019. Overall, it has seen a growth rate of 26.19 over the last 12 months. The current price per share is $2.7 above the 52 week low of $8.20 set on 13th of April 2018.

Infosys Limited (NYSE:INFY)’s EPS was $0.13 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.12. That means that its growth in general now stands at 8%. Therefore, a prediction of $0.13 given by the analysts brought a negative surprise of 0%. INFY Dec 19 quarter revenue was $2.92 billion, compared to $2.73 billion recorded in same quarter last year, giving it a 7% growth rate. The company’s $0.19 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Baytex Energy Corp. (NYSE:BTE) shares depreciated -3.68% over the last trading period, taking overall 5-day performance up to -6.55%. INFY’s price now at $1.57 is weaker than the 50-day average of $1.76. Getting the trading period increased to 200 days, the stock price was seen at $2.85 on average. The general public currently hold control of a total of 532.07 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 532.07 million. The company’s management holds a total of 1.2%, while institutional investors hold about 49.7% of the remaining shares. INFY share price finished last trade -12.56% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -45.08%, while closing the session with -11.03% distance from 50 day simple moving average.

Baytex Energy Corp. (BTE) shares were last observed trading -67.63% down since May 09, 2018 when the peak of $4.85 was hit. Last month’s price growth of -18.23% puts BTE performance for the year now at -10.8%. Consequently, the shares price is trending higher by 14.18%, a 52-week worst price since Dec. 24, 2018. However, it is losing value with -51.54% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $1.51 and $1.54. The immediate resistance area is now $1.62 Williams’s%R (14) for BTE moved to 97.75 while the stochastic%K points at 6.55.

BTE’s beta is 2.65; meaning investors could reap higher returns, although it also poses higher risks. The company allocated -$0.38 per share from its yearly profit to its outstanding shares. Its last reported revenue is $436.76 million, which was 119% versus $199.25 million in the corresponding quarter last year. The EPS for Sep 19 quarter came in at $0.07 compared to -$0.04 in the year-ago quarter and had represented -275% year-over-year earnings per share growth. BTE’s ROA is -0.4%, lower than the 1.61% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.56%.

Analysts estimate full-year growth to be -1450%, the target being -$0.31 a share. The upcoming year will see an increase in growth by percentage to 158.06%, more likely to see it hit the $0.18 per share. The firm’s current profit margin over the past 12 months is -1.7%. BTE ranks lower in comparison to an average of 6.89% for industry peers; while the average for the sector is 12.73%.

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Dt Investment Partners Has Raised Its Holding in Duke Energy (DUK) by $303840; Swiss National …

Swiss National Bank increased its stake in Baytex Energy Corp (BTE) by 278.91% based on its latest 2018Q3 regulatory filing with the SEC.

Baytex Energy Corp. (NYSE:BTE) Logo

Swiss National Bank increased its stake in Baytex Energy Corp (BTE) by 278.91% based on its latest 2018Q3 regulatory filing with the SEC. Swiss National Bank bought 724,876 shares as the company’s stock declined 35.09% with the market. The institutional investor held 984,776 shares of the oil & gas production company at the end of 2018Q3, valued at $2.85 million, up from 259,900 at the end of the previous reported quarter. Swiss National Bank who had been investing in Baytex Energy Corp for a number of months, seems to be bullish on the $975.55M market cap company. The stock decreased 8.33% or $0.16 during the last trading session, reaching $1.76. About 1.92M shares traded. Baytex Energy Corp. (NYSE:BTE) has declined 45.05% since January 22, 2018 and is downtrending. It has underperformed by 45.05% the S&P500. Some Historical BTE News: 03/05/2018 – BAYTEX ENERGY – 2018 PRODUCTION GUIDANCE RANGE UNCHANGED WITH BUDGETED EXPLORATION AND DEVELOPMENT CAPITAL EXPENDITURES OF $325 TO $375 MLN; 09/03/2018 – BAYTEX ENERGY CORP BTE.TO : GMP RAISES TO BUY FROM HOLD; 18/05/2018 – BAYTEX ENERGY CORP BTE.TO : CIBC RAISES TARGET PRICE TO C$7 FROM C$4.5; 13/04/2018 – BAYTEX ENERGY CORP BTE.TO : CREDIT SUISSE RAISES TARGET PRICE TO C$4.50 FROM C$4; 06/03/2018 – Baytex Energy 4Q Net C$76M; 03/05/2018 – Baytex Reports Election of Directors; 06/03/2018 – Baytex Energy 4Q EPS C$0.32; 27/03/2018 – Baytex Mails Information Circular in Connection With Annual Meeting of Shareholders; 03/05/2018 – Baytex Energy 1Q Loss/Shr C$0.27; 09/03/2018 – Baytex Energy Files 2017 Year-End Disclosure Documents

Dt Investment Partners Llc increased its stake in Duke Energy Corp (DUK) by 10.8% based on its latest 2018Q3 regulatory filing with the SEC. Dt Investment Partners Llc bought 3,798 shares as the company’s stock rose 9.96% while stock markets declined. The institutional investor held 38,970 shares of the power generation company at the end of 2018Q3, valued at $3.12M, up from 35,172 at the end of the previous reported quarter. Dt Investment Partners Llc who had been investing in Duke Energy Corp for a number of months, seems to be bullish on the $60.54B market cap company. The stock decreased 0.79% or $0.68 during the last trading session, reaching $84.92. About 1.57M shares traded. Duke Energy Corporation (NYSE:DUK) has risen 2.97% since January 22, 2018 and is uptrending. It has outperformed by 2.97% the S&P500. Some Historical DUK News: 22/03/2018 – Duke Energy: Sees Investing $11B Over 2017-2026 in New Natural Gas-Fired, Wind and Solar Generation; 22/05/2018 – Duke Energy: Karl Newlin Will Become Senior Vice Pres of Corporate Development; 09/03/2018 – Duke Energy Announces Closing of Common Stk Offering With a Forward Component; 25/04/2018 – Duke Energy announces new executive appointments; 09/03/2018 – Duke Energy Gives CEO Lynn Good 55% Raise With Retention Grant; 29/03/2018 – Duke Energy using North Carolina-based renewable natural gas in first-of-its-kind project; 30/04/2018 – DUKE: RENEWABLE ENERGY PORTFOLIO GREW ALMOST 20% IN 2017; 13/04/2018 – DUKE ENERGY – DUKE ENERGY OHIO IS MOVING FORWARD WITH APPLICATION BEFORE OHIO POWER SITING BOARD TO CONSTRUCT ITS PROPOSED CENTRAL CORRIDOR PIPELINE; 08/03/2018 – Voith’s Global Outlook Includes More than $6 Billion in 2018 Project Kickoffs, Completions, an Industrial Info News Alert; 21/03/2018 – S&PGR Affirms Duke Energy Corp. Rtgs; Outlook Remains Stable

Among 11 analysts covering Baytex Energy Trust (NYSE:BTE), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. Baytex Energy Trust had 28 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, August 31, the company rating was maintained by FirstEnergy Capital. The firm earned “Equal-Weight” rating on Friday, July 29 by Barclays Capital. IBC maintained Baytex Energy Corp. (NYSE:BTE) on Wednesday, November 21 with “Buy” rating. The firm earned “Outperform” rating on Tuesday, June 19 by RBC Capital Markets. The firm has “Market Perform” rating given on Wednesday, August 26 by Raymond James. The rating was upgraded by TD Securities on Tuesday, June 19 to “Buy”. The rating was downgraded by National Bank Canada on Monday, August 24 to “Sector Perform”. The rating was downgraded by Scotia Capital on Thursday, June 29 to “Sector Perform”. Barclays Capital maintained Baytex Energy Corp. (NYSE:BTE) rating on Monday, August 24. Barclays Capital has “Equal-Weight” rating and $9 target. The firm has “Underweight” rating given on Monday, October 30 by Barclays Capital.

Swiss National Bank, which manages about $89.77 billion US Long portfolio, decreased its stake in Oneok Inc New (NYSE:OKE) by 44,800 shares to 1.31 million shares, valued at $88.96 million in 2018Q3, according to the filing. It also reduced its holding in Maxim Integrated Prods Inc (NASDAQ:MXIM) by 38,700 shares in the quarter, leaving it with 892,671 shares, and cut its stake in Best Buy Inc (NYSE:BBY).

More notable recent Baytex Energy Corp. (NYSE:BTE) news were published by: Fool.ca which released: “Is the Post-Merger Baytex Energy Corp. (TSX:BTE) an Attractive Way to Play Higher Crude? – The Motley Fool Canada” on September 10, 2018, also Seekingalpha.com with their article: “Baytex Energy’s (BTE) CEO Edward LaFehr on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 04, 2018, Globenewswire.com published: “Baytex Announces 2019 Budget Toronto Stock Exchange:BTE – GlobeNewswire” on December 17, 2018. More interesting news about Baytex Energy Corp. (NYSE:BTE) were released by: Fool.ca and their article: “Is Baytex Energy Corp (TSX:BTE) Stock a Millionaire-Maker? – The Motley Fool Canada” published on December 05, 2018 as well as Seekingalpha.com‘s news article titled: “Baytex Energy +14% after strong Q4 results – Seeking Alpha” with publication date: March 06, 2018.

Among 20 analysts covering Duke Energy (NYSE:DUK), 6 have Buy rating, 2 Sell and 12 Hold. Therefore 30% are positive. Duke Energy had 103 analyst reports since August 7, 2015 according to SRatingsIntel. As per Thursday, February 1, the company rating was maintained by RBC Capital Markets. The firm has “Underperform” rating given on Monday, February 22 by Wolfe Research. The stock of Duke Energy Corporation (NYSE:DUK) has “Buy” rating given on Sunday, October 1 by RBC Capital Markets. The firm has “Buy” rating by Goldman Sachs given on Monday, June 26. As per Wednesday, February 21, the company rating was maintained by Wells Fargo. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, November 19. The company was maintained on Tuesday, October 17 by Citigroup. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 18. The rating was maintained by SunTrust on Monday, March 7 with “Neutral”. SunTrust maintained Duke Energy Corporation (NYSE:DUK) rating on Monday, October 23. SunTrust has “Hold” rating and $89.0 target.

Investors sentiment decreased to 0.91 in Q3 2018. Its down 0.04, from 0.95 in 2018Q2. It dropped, as 46 investors sold DUK shares while 386 reduced holdings. 79 funds opened positions while 312 raised stakes. 408.54 million shares or 94.96% less from 8.11 billion shares in 2018Q2 were reported. Community Bankshares Na holds 0.08% or 5,214 shares. Transamerica Finance Advisors Inc holds 0% or 18 shares. 148,197 are owned by Hyman Charles D. Vaughan Nelson Inv Mngmt Ltd Partnership, a Texas-based fund reported 13,675 shares. 1.23M are owned by Barclays Public Ltd Company. Ironwood Limited Liability Corp stated it has 66 shares. Ledyard Bankshares has invested 0.53% in Duke Energy Corporation (NYSE:DUK). Veritable Lp holds 0.04% or 23,167 shares in its portfolio. Stonebridge Cap Lc invested in 0.22% or 13,389 shares. Ameriprise Fin Inc accumulated 0.04% or 948,078 shares. 11,300 are owned by Legg Mason Asset Mngmt (Japan). At Bank & Trust reported 3,635 shares stake. Arizona State Retirement Systems has invested 0.19% in Duke Energy Corporation (NYSE:DUK). Morgan Stanley holds 0.08% or 3.79 million shares. Regentatlantic Capital Lc invested in 5,027 shares or 0.03% of the stock.

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Bizjournals.com which released: “Duke Energy makes offer to purchase troubled South Carolina utility – Charlotte Business Journal” on January 17, 2019, also Bizjournals.com with their article: “Duke Energy mulls bid to operate Puerto Rico’s troubled electric grid – Charlotte Business Journal” published on January 22, 2019, 247Wallst.com published: “RBC Best Idea 2019 Utility Stocks for an Overbought and Overvalued Market – 24/7 Wall St.” on January 22, 2019. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Benzinga.com and their article: “Duke Energy Corporation (NYSE:DUK), (WKHS) – Workhorse CEO Updates Company’s Progress, SureFly Timeline – Benzinga” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “Duke Energy downgraded at BAML on valuation, Atlantic Coast pipeline risks – Seeking Alpha” with publication date: January 09, 2019.

Duke Energy Corporation (NYSE:DUK) Institutional Positions Chart

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Northstar Group Has Boosted 3M Co (MMM) Holding; Fiera Capital Has Increased Baytex Energy …

… SAFETY-GRAPHICS GROUP FRANK LITTLE TO RETIRE JULY 1; 04/04/2018 – C3 IOT ANNOUNCED MULTI-YEAR AGREEMENT WITH 3M TO …

Baytex Energy Corp. (NYSE:BTE) Logo

Northstar Group Inc increased 3M Co (MMM) stake by 16.5% reported in 2018Q3 SEC filing. Northstar Group Inc acquired 1,460 shares as 3M Co (MMM)’s stock declined 6.86%. The Northstar Group Inc holds 10,306 shares with $2.17M value, up from 8,846 last quarter. 3M Co now has $113.27 billion valuation. The stock increased 1.47% or $2.82 during the last trading session, reaching $194.53. About 847,349 shares traded. 3M Company (NYSE:MMM) has declined 17.47% since January 18, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 22/03/2018 – Global Low Temperature Sterilization Market Analysis & Outlook 2018-2022 Featuring Johnson & Johnson, 3M, Getinge and Steris – ResearchAndMarkets.com; 03/04/2018 – Consum Prod Sfty: Scotch Thermal Laminators Recalled by 3M Due to Burn Hazard; 09/03/2018 – FDA: 3M Company – Health Care Business- FUTURO (TM) SPORT, QUICK STRAP ANKLE SUPPORT, REF 47736GEN, UPC 0 51131 19692 6; 11/04/2018 – Filtrete™ Brand from 3M Teams up with Amazon to Integrate the New Filtrete™ Smart Air Filter Line with Amazon Dash; 09/03/2018 – North American Above-the-neck Personal Protective Equipment Market Forecast to 2022 – 3M and Honeywell Likely to Continue to Dominate – ResearchAndMarkets.com; 09/05/2018 – 3M: EVP, SAFETY-GRAPHICS GROUP FRANK LITTLE TO RETIRE JULY 1; 04/04/2018 – C3 IOT ANNOUNCED MULTI-YEAR AGREEMENT WITH 3M TO PROVIDE C3 IOT Al AND IOT SOFTWARE PLATFORM TO SUPPORT 3M’S DIGITAL TRANSFORMATION; 04/04/2018 – 3M Announces New Leadership Appointment; 22/03/2018 – Universal Laser Systems Expands Its Materials Database with 3M Materials; 09/05/2018 – 3M Names Mojdeh Poul Exec VP, Safety/Graphics Business Group

Fiera Capital Corp increased Baytex Energy Corp (BTE) stake by 426.38% reported in 2018Q3 SEC filing. Fiera Capital Corp acquired 180,080 shares as Baytex Energy Corp (BTE)’s stock declined 35.09%. The Fiera Capital Corp holds 222,315 shares with $644,000 value, up from 42,235 last quarter. Baytex Energy Corp now has $1.10B valuation. The stock increased 1.02% or $0.02 during the last trading session, reaching $1.99. About 909,741 shares traded. Baytex Energy Corp. (NYSE:BTE) has declined 45.05% since January 18, 2018 and is downtrending. It has underperformed by 45.05% the S&P500. Some Historical BTE News: 03/05/2018 – BAYTEX ENERGY – 2018 PRODUCTION GUIDANCE RANGE UNCHANGED WITH BUDGETED EXPLORATION AND DEVELOPMENT CAPITAL EXPENDITURES OF $325 TO $375 MLN; 04/04/2018 – Baytex Energy Closes Above 200-Day Moving Average: Technicals; 03/05/2018 – BAYTEX ENERGY 1Q FFO/SHR C$0.36, EST. C$0.35; 12/04/2018 – Baytex Energy at Non-Deal Roadshow Hosted By AltaCorp Today; 12/03/2018 – Report: Exploring Fundamental Drivers Behind Fiat Chrysler Automobiles N.V, Baytex Energy, Toronto Dominion Bank, VALE S.A, Con; 03/05/2018 – Baytex Reports Election of Directors; 09/03/2018 – Baytex Energy Files 2017 Year-End Disclosure Documents; 06/03/2018 – Baytex Energy 4Q Net C$76M; 06/03/2018 – BAYTEX ENERGY CORP – SEES 2018 EXPLORATION AND DEVELOPMENT CAPITAL EXPENDITURES OF $325 MLN TO $375 MLN; 06/03/2018 Baytex Reports 2017 Results With 26% Increase in Adjusted Funds Flow, 6% Increase in Reserves and Strong Eagle Ford Performance

Fiera Capital Corp decreased Vanguard Index Fds (VTI) stake by 6,487 shares to 1,734 valued at $260,000 in 2018Q3. It also reduced Prestige Consmr Healthcare I (NYSE:PBH) stake by 9,398 shares and now owns 781,578 shares. Asgn Inc was reduced too.

More notable recent Baytex Energy Corp. (NYSE:BTE) news were published by: Seekingalpha.com which released: “Baytex Energy: Still A Decent Future – Seeking Alpha” on January 04, 2019, also Seekingalpha.com with their article: “Baytex Energy: Reviewing Its 2019 Budget And Outlook – Seeking Alpha” published on December 20, 2018, Fool.ca published: “Is it Time to Buy Baytex Energy Corp. (TSX:BTE)? – The Motley Fool Canada” on December 24, 2018. More interesting news about Baytex Energy Corp. (NYSE:BTE) were released by: Seekingalpha.com and their article: “Baytex Energy: Buy Before The Market Upgrade – Seeking Alpha” published on September 07, 2018 as well as Seekingalpha.com‘s news article titled: “Baytex Will Fly If Oil Prices Stay High – Seeking Alpha” with publication date: May 15, 2018.

Since September 10, 2018, it had 1 insider purchase, and 1 insider sale for $90,252 activity. $274,752 worth of stock was sold by Hammes Eric D. on Monday, September 10. PAGE GREGORY R bought 1,000 shares worth $184,500.

Among 7 analysts covering 3M (NYSE:MMM), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. 3M had 13 analyst reports since July 25, 2018 according to SRatingsIntel. As per Thursday, August 30, the company rating was maintained by UBS. The company was maintained on Wednesday, October 24 by Barclays Capital. The company was maintained on Thursday, January 3 by Barclays Capital. Deutsche Bank maintained the shares of MMM in report on Friday, November 16 with “Hold” rating. UBS maintained 3M Company (NYSE:MMM) rating on Wednesday, October 24. UBS has “Neutral” rating and $211 target. The firm earned “Buy” rating on Wednesday, October 24 by Argus Research. Barclays Capital maintained it with “Underweight” rating and $190 target in Monday, November 19 report. The stock of 3M Company (NYSE:MMM) has “Buy” rating given on Wednesday, October 24 by Citigroup. The firm has “Underweight” rating given on Wednesday, July 25 by Barclays Capital. Credit Suisse maintained 3M Company (NYSE:MMM) on Wednesday, October 24 with “Outperform” rating.

Investors sentiment increased to 1.03 in Q3 2018. Its up 0.06, from 0.97 in 2018Q2. It increased, as 47 investors sold MMM shares while 535 reduced holdings. 117 funds opened positions while 480 raised stakes. 371.40 million shares or 0.76% less from 374.25 million shares in 2018Q2 were reported. Freestone Cap Ltd Liability Corporation invested in 1,488 shares. Schwab Charles Invest Mgmt Incorporated holds 0.55% or 3.93M shares in its portfolio. Baldwin Inv Management Lc reported 6,916 shares. Chickasaw Mngmt Lc holds 0.02% or 5,380 shares. The Luxembourg-based Pictet & Cie (Europe) has invested 0.92% in 3M Company (NYSE:MMM). Dimensional Fund Advisors Lp accumulated 0.14% or 1.76M shares. Country Commercial Bank holds 64,806 shares or 0.63% of its portfolio. Telos Cap Mngmt Inc owns 2,050 shares or 0.14% of their US portfolio. Wealthcare Capital Mngmt Limited Company holds 95 shares. Robecosam Ag has invested 0.49% of its portfolio in 3M Company (NYSE:MMM). Buffington Mohr Mcneal accumulated 2,686 shares. Mutual Of America Capital Mgmt Ltd holds 0.23% or 75,857 shares in its portfolio. Newman Dignan & Sheerar reported 0.22% of its portfolio in 3M Company (NYSE:MMM). Rand Wealth Limited stated it has 0.59% in 3M Company (NYSE:MMM). Jcic Asset Mngmt Inc has 157 shares.

More important recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “The Durability Of Innovation At 3M – Seeking Alpha” on January 17, 2019, also Seekingalpha.com published article titled: “How Safe Is 3M’s Dividend? – Seeking Alpha”, Seekingalpha.com published: “3M: More Health Does Not Make A Healthy Stock – Seeking Alpha” on December 21, 2018. More interesting news about 3M Company (NYSE:MMM) was released by: Fool.com and their article: “Forget 3M: GE Is a Better-Value Stock – The Motley Fool” with publication date: December 28, 2018.

3M Company (NYSE:MMM) Institutional Positions Chart

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AFTER THE BELL: Dow suffers worst Christmas Eve trading day ever, falling energy stocks weigh …

Aphria was the most actively traded company on Canada’s stock exchange today, followed closely by Aurora Cannabis, which rose 2.1 percent.

Holiday cheer was in short supply on North American markets today.

The Dow suffered its worst Christmas Eve trading session on record by plunging 653 points.

The index was already coming off its worst week since the 2008 financial crisis, slammed by ongoing government turmoil and last Wednesday’s rate hike by the U.S. Federal Reserve.

Today, every sector traded lower with drops in bellwethers Apple, Boeing, Caterpillar, Johnson & Johnson, and Exxon Mobile.

During a shortened trading day, concerns over a slowing global economy and the continued slide in crude oil prices weighed heavily on investor sentiment on both sides of the border.

On Bay Street, the TSX finished 155 points lower as losses in the struggling energy sector outweighed a rise in cannabis and materials stocks.

On a bright note, three days after Aphria announced that it will soon cultivate medical grade marijuana in Argentina, the company’s stock jumped 15.9 percent today.

Aphria was the most actively traded company on Canada’s stock exchange today, followed closely by Aurora Cannabis, which rose 2.1 percent.

But sagging oil prices pushed down energy stocks with Baytex Energy, Enbridge, Encana Corporation, and Crescent Point Energy losing between 2.9 and 5.1 percent.

Weakening global demand caused oil to sink $2.91 to $42.68 US a barrel.

The tech-dependent Nasdaq fell into a bear market last week and dropped another 140 points today with Tesla leading the losses.

The electric car maker lost 7.6 percent after it dropped the price of its Model 3 cars in China.

Tesla had company in the red, with Amazon, Netflix, Micron and Microsoft all in negative territory.

The loonie weakened slightly, down 3/100ths of a cent to $0.7348 US while gold jumped $13.90 to $1,268 an ounce.

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