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Cogent Communications Holdings (CCOI) Holder United Services Automobile Association Has Trimmed Stake as Valuation Declined; Orleans Capital Management Cut Its 3M (MMM) Stake by $534,622 as Stock Rose

Orleans Capital Management Corp decreased its stake in 3M Corp (MMM) by 12.49% based on its latest 2017Q3 regulatory filing with the SEC. Orleans Capital Management Corp sold 2,558 shares as the company’s stock rose 7.02% with the market. The institutional investor held 17,923 shares of the medical and dental instruments company at the end of 2017Q3, valued at $3.76 million, down from 20,481 at the end of the previous reported quarter. Orleans Capital Management Corp who had been investing in 3M Corp for a number of months, seems to be less bullish one the $137.78 billion market cap company. The stock increased 0.95% or $2.17 during the last trading session, reaching $231.36. About 2.52M shares traded or 8.44% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since February 14, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

United Services Automobile Association decreased its stake in Cogent Communications Holdings Inc (CCOI) by 19.28% based on its latest 2017Q3 regulatory filing with the SEC. United Services Automobile Association sold 13,500 shares as the company’s stock declined 9.38% while stock markets rallied. The institutional investor held 56,520 shares of the technology company at the end of 2017Q3, valued at $2.76 million, down from 70,020 at the end of the previous reported quarter. United Services Automobile Association who had been investing in Cogent Communications Holdings Inc for a number of months, seems to be less bullish one the $1.92B market cap company. The stock increased 0.23% or $0.1 during the last trading session, reaching $42.9. About 253,012 shares traded. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 1.01% since February 14, 2017 and is uptrending. It has underperformed by 15.69% the S&P500.

United Services Automobile Association, which manages about $34.17B US Long portfolio, upped its stake in Regions Financial Corp (NYSE:RF) by 165,319 shares to 797,722 shares, valued at $12.15 million in 2017Q3, according to the filing. It also increased its holding in Mellanox Technologies Ltd (NASDAQ:MLNX) by 7,000 shares in the quarter, for a total of 76,650 shares, and has risen its stake in Ctrip.Com International Ltd (NASDAQ:CTRP).

Since August 30, 2017, it had 0 buys, and 12 insider sales for $1.44 million activity. WEED THADDEUS GERARD sold $141,093 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Friday, September 1. WEINGARTEN TIM had sold 1,100 shares worth $51,359 on Friday, September 1. Shares for $140,578 were sold by KUMMER RAYMOND B on Friday, September 1. 3,000 shares valued at $140,261 were sold by BEURY ROBERT N JR on Friday, September 1. KILMER HENRY W sold $139,350 worth of stock or 3,000 shares. The insider Montagner Marc sold $235,000.

Among 17 analysts covering Cogent Communications Group Inc. (NASDAQ:CCOI), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. Cogent Communications Group Inc. had 46 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank maintained Cogent Communications Holdings, Inc. (NASDAQ:CCOI) rating on Tuesday, October 10. Deutsche Bank has “Buy” rating and $51 target. JP Morgan reinitiated the shares of CCOI in report on Monday, September 26 with “Neutral” rating. RBC Capital Markets maintained the shares of CCOI in report on Friday, July 7 with “Buy” rating. The stock has “Hold” rating by SunTrust on Friday, November 3. The rating was maintained by Off Wall Street on Friday, August 7 with “Sell”. JP Morgan downgraded the shares of CCOI in report on Tuesday, February 23 to “Neutral” rating. Oppenheimer maintained the shares of CCOI in report on Thursday, August 10 with “Buy” rating. SunTrust initiated Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Tuesday, December 13 with “Buy” rating. The firm has “Buy” rating given on Wednesday, September 13 by Stifel Nicolaus. Raymond James downgraded Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Friday, November 3 to “Underperform” rating.

Investors sentiment decreased to 1.37 in Q3 2017. Its down 0.09, from 1.46 in 2017Q2. It turned negative, as 16 investors sold CCOI shares while 49 reduced holdings. 25 funds opened positions while 64 raised stakes. 43.39 million shares or 2.10% more from 42.50 million shares in 2017Q2 were reported. Tortoise Invest Management Lc stated it has 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Piedmont Invest Advsr Ltd reported 9,006 shares. Sentinel Asset Management Inc owns 306,075 shares or 0.36% of their US portfolio. Nationwide Fund Advisors reported 22,839 shares. Adams Diversified Equity Fund Inc owns 23,700 shares. State Board Of Administration Of Florida Retirement System has invested 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Suntrust Banks has invested 0.01% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Ls Investment Advsr Ltd Limited Liability Company has invested 0.01% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Profund Advsrs Ltd Liability Corporation owns 37,903 shares for 0.08% of their portfolio. Denver Inv Advsr Ltd invested 0.05% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Dubuque Natl Bank Company invested in 0% or 300 shares. Bank & Trust Of Montreal Can reported 0% stake. Metropolitan Life New York, New York-based fund reported 28,454 shares. Strs Ohio owns 200 shares for 0% of their portfolio. Cwm Limited Liability accumulated 61,262 shares or 0.14% of the stock.

Analysts await Cogent Communications Holdings, Inc. (NASDAQ:CCOI) to report earnings on February, 22. They expect $0.12 earnings per share, up 33.33% or $0.03 from last year’s $0.09 per share. CCOI’s profit will be $5.37M for 89.38 P/E if the $0.12 EPS becomes a reality. After $0.08 actual earnings per share reported by Cogent Communications Holdings, Inc. for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Among 16 analysts covering 3M (NYSE:MMM), 8 have Buy rating, 3 Sell and 5 Hold. Therefore 50% are positive. 3M had 77 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, April 26 with “Hold”. As per Thursday, January 21, the company rating was initiated by Citigroup. The stock has “Hold” rating by RBC Capital Markets on Monday, July 10. Credit Suisse maintained it with “Buy” rating and $237.0 target in Wednesday, October 11 report. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by RBC Capital Markets on Wednesday, January 3. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, December 13. Barclays Capital maintained the shares of MMM in report on Monday, October 5 with “Equal-Weight” rating. The company was maintained on Thursday, June 1 by Jefferies. Jefferies maintained 3M Company (NYSE:MMM) on Tuesday, April 12 with “Buy” rating. The company was upgraded on Wednesday, January 24 by Hilliard Lyons.

Orleans Capital Management Corp, which manages about $1.29 billion and $133.55 million US Long portfolio, upped its stake in Gilead Sciences Inc Com (NASDAQ:GILD) by 6,588 shares to 17,017 shares, valued at $1.38M in 2017Q3, according to the filing.

Investors sentiment decreased to 0.77 in 2017 Q3. 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. Manchester Cap Mngmt Limited Co invested in 5,392 shares. X Management Ltd Liability holds 6,861 shares or 0.04% of its portfolio. Hodges invested 0.02% in 3M Company (NYSE:MMM). Oakbrook Invests Llc has invested 0.12% in 3M Company (NYSE:MMM). Patten And Patten Tn holds 1.37% or 61,729 shares in its portfolio. Bb&T Corp accumulated 107,006 shares. Peapack Gladstone Fincl accumulated 75,363 shares. Midwest Invest Mngmt Limited holds 0.35% or 2,025 shares. Ifrah Financial Serv Inc holds 0.1% of its portfolio in 3M Company (NYSE:MMM) for 1,231 shares. Legacy Private Company holds 3,798 shares or 0.1% of its portfolio. Chickasaw Capital Mngmt Limited Liability Corp holds 0.02% in 3M Company (NYSE:MMM) or 5,380 shares. Wolverine Asset Management Ltd Liability Com holds 12,943 shares or 0.03% of its portfolio. Allen Inv Mngmt Ltd Liability Corp reported 20,858 shares stake. First Bancorporation Of Hutchinson reported 1,000 shares. Fiera Cap invested in 2.08% or 2.08M shares.

Since August 17, 2017, it had 0 insider purchases, and 20 selling transactions for $33.77 million activity. 6,799 shares were sold by Shin Hak Cheol, worth $1.68M. Gangestad Nicholas C sold $936,291 worth of 3M Company (NYSE:MMM) on Friday, October 27. Bauman James L had sold 8,834 shares worth $2.19 million. 2,348 shares were sold by Fong Ivan K, worth $547,377. The insider Little Frank R Jr. sold $560,200. $92,023 worth of stock was sold by Lindekugel Jon T on Tuesday, October 31.

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