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Anderson Hoagland & Co Decreased Position in 3M (MMM) as Share Price Rose; As Tower Semiconductor LTD (TSEM) Market Value Rose, Holder Robertson Opportunity Capital Has Lowered by $840,000 Its Position

Anderson Hoagland & Co decreased its stake in 3M Corp (MMM) by 39.11% based on its latest 2017Q3 regulatory filing with the SEC. Anderson Hoagland & Co sold 4,822 shares as the company’s stock rose 7.02% with the market. The institutional investor held 7,507 shares of the medical and dental instruments company at the end of 2017Q3, valued at $1.58 million, down from 12,329 at the end of the previous reported quarter. Anderson Hoagland & Co who had been investing in 3M Corp for a number of months, seems to be less bullish one the $147.78B market cap company. The stock increased 1.38% or $3.37 during the last trading session, reaching $248.11. About 2.44 million shares traded or 22.80% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since January 17, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Robertson Opportunity Capital Llc decreased its stake in Tower Semiconductor Ltd (TSEM) by 16.47% based on its latest 2017Q3 regulatory filing with the SEC. Robertson Opportunity Capital Llc sold 28,000 shares as the company’s stock rose 11.63% with the market. The hedge fund held 142,000 shares of the semiconductors company at the end of 2017Q3, valued at $4.37 million, down from 170,000 at the end of the previous reported quarter. Robertson Opportunity Capital Llc who had been investing in Tower Semiconductor Ltd for a number of months, seems to be less bullish one the $3.34 billion market cap company. The stock increased 1.25% or $0.42 during the last trading session, reaching $34.09. About 534,610 shares traded or 1.32% up from the average. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 122.17% since January 17, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.

Analysts await 3M Company (NYSE:MMM) to report earnings on January, 23. They expect $2.02 EPS, up 7.45% or $0.14 from last year’s $1.88 per share. MMM’s profit will be $1.20B for 30.71 P/E if the $2.02 EPS becomes a reality. After $2.33 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts -13.30% negative EPS growth.

Anderson Hoagland & Co, which manages about $378.72M and $162.58M US Long portfolio, upped its stake in Facebook (NASDAQ:FB) by 2,932 shares to 24,066 shares, valued at $4.11 million in 2017Q3, according to the filing.

Among 15 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. 3M had 71 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 26 by Jefferies. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by RBC Capital Markets on Wednesday, October 25. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, July 19. The rating was maintained by Bank of America with “Buy” on Tuesday, June 6. The rating was maintained by Stifel Nicolaus on Wednesday, January 25 with “Hold”. Deutsche Bank maintained 3M Company (NYSE:MMM) on Tuesday, August 25 with “Hold” rating. The firm earned “Underperform” rating on Wednesday, December 16 by RBC Capital Markets. The stock of 3M Company (NYSE:MMM) earned “Underweight” rating by JP Morgan on Wednesday, September 20. Jefferies maintained 3M Company (NYSE:MMM) on Monday, August 14 with “Buy” rating. RBC Capital Markets maintained 3M Company (NYSE:MMM) rating on Friday, September 15. RBC Capital Markets has “Hold” rating and $209.0 target.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.14, from 0.91 in 2017Q2. It fall, as 59 investors sold MMM shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Guardian Capital Advisors Ltd Partnership accumulated 13,220 shares. Chilton Investment Company Ltd Liability Company reported 0.34% stake. Texas-based Sunbelt Secs has invested 0.25% in 3M Company (NYSE:MMM). Harbour Mngmt Ltd Liability Corp owns 15,319 shares. Moreover, Naples Global Advsr Ltd Liability Company has 0.83% invested in 3M Company (NYSE:MMM). South Texas Money Ltd invested in 0.35% or 35,596 shares. Adirondack Trust invested in 3,259 shares or 0.54% of the stock. Brown Capital Mngmt Llc has 0.01% invested in 3M Company (NYSE:MMM) for 2,105 shares. First Manhattan holds 695,001 shares or 0.84% of its portfolio. Bangor Bancshares has 1,851 shares for 0.08% of their portfolio. Community Retail Bank Na owns 24,122 shares or 0.56% of their US portfolio. Burt Wealth Advisors accumulated 3,727 shares. Pennsylvania-based Waldron Ltd Partnership has invested 0.09% in 3M Company (NYSE:MMM). Beddow Management has invested 0.17% in 3M Company (NYSE:MMM). Gould Asset Lc Ca holds 21,118 shares.

Since August 11, 2017, it had 0 insider buys, and 8 selling transactions for $5.40 million activity. Little Frank R Jr. had sold 2,719 shares worth $560,200 on Thursday, August 17. Gangestad Nicholas C had sold 4,004 shares worth $936,291. $1.59 million worth of 3M Company (NYSE:MMM) was sold by THULIN INGE G. Hammes Eric D. sold $295,106 worth of stock. Fong Ivan K sold $547,377 worth of 3M Company (NYSE:MMM) on Friday, October 27. 4,965 shares were sold by Keel Paul A, worth $1.02 million on Friday, August 11.

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