Farr Miller & Washington Llc decreased its stake in 3M Company (MMM) by 10.12% based on its latest 2018Q4 regulatory filing with the SEC. Farr Miller & Washington Llc sold 1,891 shares as the company’s stock rose 1.23% with the market. The institutional investor held 16,786 shares of the medical and dental instruments company at the end of 2018Q4, valued at $3.20M, down from 18,677 at the end of the previous reported quarter. Farr Miller & Washington Llc who had been investing in 3M Company for a number of months, seems to be less bullish one the $119.41B market cap company. The stock increased 0.35% or $0.72 during the last trading session, reaching $207.38. About 1.78 million shares traded. 3M Company (NYSE:MMM) has declined 10.58% since March 14, 2018 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical MMM News: 05/03/2018 – 3M Michael Roman Appointed CEO; 24/04/2018 – 3M Sees 2018 EPS $8.68-EPS $9.03; 24/04/2018 – 3M CO MMM.N SEES FY 2018 GAAP SHR $8.68 TO $9.03; 05/03/2018 – 3M NAMES MICHAEL ROMAN CEO REPORTS NEW LEADERSHIP APPOINTMENTS; 10/05/2018 – U.S. 3M Libor Yield at 2.55% by End-3Q vs 2.49% Prior (Survey); 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; 24/04/2018 – 3M 1Q 2018 CAPEX $304M; 30/05/2018 – 3M Co at Bernstein Strategic Decisions CEO Conference Tomorrow; 01/05/2018 – 3M Co at Bernstein Strategic Decisions CEO Conference May 31; 09/05/2018 – 3M NAMES MOJDEH POUL EVP, SAFETY-GRAPHICS GROUP
Everence Capital Management Inc increased its stake in Phillips 66 Ord (PSX) by 52.07% based on its latest 2018Q4 regulatory filing with the SEC. Everence Capital Management Inc bought 6,670 shares as the company’s stock rose 5.02% with the market. The institutional investor held 19,480 shares of the integrated oil company at the end of 2018Q4, valued at $1.68M, up from 12,810 at the end of the previous reported quarter. Everence Capital Management Inc who had been investing in Phillips 66 Ord for a number of months, seems to be bullish on the $44.80 billion market cap company. The stock increased 0.40% or $0.39 during the last trading session, reaching $98.47. About 1.66 million shares traded. Phillips 66 (NYSE:PSX) has risen 7.05% since March 14, 2018 and is uptrending. It has outperformed by 2.68% the S&P500. Some Historical PSX News: 27/04/2018 – PHILLIPS 66 QTRLY TOTAL REVENUES AND OTHER INCOME $24,046 MLN VS $23,712 MLN; 12/04/2018 – PHILLIPS 66 BORGER REFINERY EXPECTS ALL UNITS TO BE BACK IN PRODUCTION BY MIDDLE OF NEXT WEEK; 27/04/2018 – PHILLIPS 66 CONCLUDES 1Q EARNINGS CONFERENCE CALL; 12/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY COMPLETES WORK TO BEGIN RESTARTING GASOLINE UNITS, HYDROTREATER; 08/03/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY SHUTS GASOLINE UNIT AS PLANTWIDE OVERHAUL CONTINUES; 27/04/2018 – Phillips 66: Midstream 1Q Net Income $233 Million; 27/04/2018 – PHILLIPS 66 PSX.N SAYS NEEDS NEW PIPELINE CAPACITY SERVING THE PERMIAN BASIN – CONF CALL; 27/04/2018 – PHILLIPS 66 EXPECTS FINAL INVESTMENT DECISION ON ETHANE CRACKER IN LATE 2019 -CEO; 16/05/2018 – Phillips 66 Presenting at Conference Tomorrow; 09/05/2018 – PHILLIPS 66 CEO GREG GARLAND SPEAKS IN MEDIA ROUNDTABLE
Farr Miller & Washington Llc, which manages about $1.04 billion and $1.05 billion US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 9,276 shares to 414,627 shares, valued at $42.11M in 2018Q4, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 7,324 shares in the quarter, for a total of 314,117 shares, and has risen its stake in S&P 500 I (IVV).
More notable recent 3M Company (NYSE:MMM) news were published by: Bizjournals.com which released: “Veterans’ lawsuit against 3M over military earplugs may be fought in SA – San Antonio Business Journal” on March 13, 2019, also Wallstreetpr.com with their article: “Excitement Builds in the Global Conglomerate Space (MMM, IVST, UTX) – WallStreetPR” published on March 14, 2019, 247Wallst.com published: “3M Pledges to Move to 100% Renewable Energy Over Time – 24/7 Wall St.” on February 28, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Bizjournals.com and their article: “Microbial detective firm lands $14 million from 3M, others to track global supply chain from dust to data – San Francisco Business Times” published on February 14, 2019 as well as Fool.com‘s news article titled: “What 3M Management’s Plans Mean for Investors – Motley Fool” with publication date: March 13, 2019.
Investors sentiment decreased to 0.8 in 2018 Q4. Its down 0.23, from 1.03 in 2018Q3. It dropped, as 70 investors sold MMM shares while 588 reduced holdings. 122 funds opened positions while 407 raised stakes. 398.67 million shares or 7.34% more from 371.40 million shares in 2018Q3 were reported. Mackay Shields Ltd has 158,696 shares for 0.25% of their portfolio. Washington Trust holds 62,144 shares. First Advisors Ltd Partnership has invested 0.14% in 3M Company (NYSE:MMM). 22,099 were accumulated by Bailard. Retail Bank Of Nova Scotia invested 1.19% of its portfolio in 3M Company (NYSE:MMM). Guardian Life Ins Of America has 0.05% invested in 3M Company (NYSE:MMM) for 1,661 shares. Sol Management stated it has 2,413 shares. Baldwin Brothers Ma invested in 0.34% or 10,611 shares. Clearbridge Ltd Company has invested 0.42% in 3M Company (NYSE:MMM). Hamilton Point Inv Advsrs Ltd Company has 1.23% invested in 3M Company (NYSE:MMM) for 12,679 shares. 3.02M are owned by Fmr Llc. Janney Montgomery Scott holds 209,876 shares or 0.39% of its portfolio. Lee Danner Bass accumulated 11,332 shares. Nine Masts Cap Limited accumulated 1,727 shares. Bremer Tru National Association has invested 1.83% in 3M Company (NYSE:MMM).
Analysts await 3M Company (NYSE:MMM) to report earnings on April, 23. They expect $2.60 EPS, up 4.00% or $0.10 from last year’s $2.5 per share. MMM’s profit will be $1.50 billion for 19.94 P/E if the $2.60 EPS becomes a reality. After $2.31 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 12.55% EPS growth.
Since October 26, 2018, it had 1 buy, and 10 sales for $17.26 million activity. Gangestad Nicholas C also sold $942,450 worth of 3M Company (NYSE:MMM) shares. Keel Paul A sold $1.87M worth of stock. 1,000 shares were bought by PAGE GREGORY R, worth $184,500 on Friday, October 26. 5,940 shares were sold by Lindekugel Jon T, worth $1.19M. Vale Michael G. sold $1.77 million worth of 3M Company (NYSE:MMM) on Thursday, February 7. On Thursday, February 7 Bushman Julie L sold $841,392 worth of 3M Company (NYSE:MMM) or 4,220 shares.
More notable recent Phillips 66 (NYSE:PSX) news were published by: Investorplace.com which released: “10 Hot Stocks Leading the Marketâ€™s Blitz Higher – Investorplace.com” on February 14, 2019, also Seekingalpha.com with their article: “Phillips 66: Another Success Story Among Refiners – Seeking Alpha” published on February 27, 2019, Fool.com published: “This Oil Stock Is Giving Back Loads of Cash to Its Investors – Motley Fool” on February 14, 2019. More interesting news about Phillips 66 (NYSE:PSX) were released by: Seekingalpha.com and their article: “Suncor Energy: George Soros Buying This Top Dividend Stock – Seeking Alpha” published on March 07, 2019 as well as Seekingalpha.com‘s news article titled: “Phillips 66: An Extraordinary Energy Logistics Company – Seeking Alpha” with publication date: February 27, 2019.