Market News

3M (MMM) Share Price Rose While Anderson Hoagland & Co Has Cut Position by $1.01 Million; Solus Alternative Asset Management LP Trimmed Its Holding in Hornbeck Offshore Svcs N (HOS) as Share Price Declined

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 $1.58M, 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 $141.15B market cap company. The stock increased 0.43% or $1.02 during the last trading session, reaching $237.02. About 1.62M shares traded. 3M Company (NYSE:MMM) has risen 18.59% since February 25, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Christopher Pucillo decreased its stake in Hornbeck Offshore Svcs Inc N (HOS) by 2.4% based on its latest 2017Q3 regulatory filing with the SEC. Solus Alternative Asset Management Lp sold 81,000 shares as the company’s stock declined 45.49% while stock markets rallied. The hedge fund run by Christopher Pucillo held 3.29M shares of the marine transportation company at the end of 2017Q3, valued at $13.31 million, down from 3.38M at the end of the previous reported quarter. Solus Alternative Asset Management Lp who had been investing in Hornbeck Offshore Svcs Inc N for a number of months, seems to be less bullish one the $144.50 million market cap company. The stock increased 2.09% or $0.08 during the last trading session, reaching $3.9. About 92,223 shares traded. Hornbeck Offshore Services, Inc. (NYSE:HOS) has declined 71.10% since February 25, 2017 and is downtrending. It has underperformed by 87.80% the S&P500.

Investors sentiment increased to 0.48 in Q3 2017. Its up 0.10, from 0.38 in 2017Q2. It is positive, as 22 investors sold HOS shares while 18 reduced holdings. 6 funds opened positions while 13 raised stakes. 27.41 million shares or 7.93% less from 29.77 million shares in 2017Q2 were reported. Vertex One Asset Management has 0.12% invested in Hornbeck Offshore Services, Inc. (NYSE:HOS). Balyasny Asset Ltd Com has 350,800 shares. Manufacturers Life The accumulated 424 shares or 0% of the stock. Mackenzie Fin Corp invested 0.04% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Morgan Stanley stated it has 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Natl Bank Of America De holds 0% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS) for 15,600 shares. Dc Capital reported 3.34% stake. 8,400 are held by Teachers Retirement Systems Of The State Of Kentucky. Wells Fargo & Mn has invested 0% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Caspian Limited Partnership invested in 808,800 shares. Fine Prtnrs L P, New York-based fund reported 3.59 million shares. Parametric Portfolio Assocs Limited Liability Com holds 124,520 shares or 0% of its portfolio. Royal Financial Bank Of Canada accumulated 56,006 shares. Element Capital Mgmt Limited Liability Corp reported 0.03% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Walleye Trading Limited Liability Corp has invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS).

Solus Alternative Asset Management Lp, which manages about $5.19B and $572.19 million US Long portfolio, upped its stake in Scorpio Tankers Inc (NYSE:STNG) by 5.81 million shares to 7.06 million shares, valued at $24.22 million in 2017Q3, according to the filing.

Among 12 analysts covering Hornbeck Offshore (NYSE:HOS), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Hornbeck Offshore had 20 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, October 6 by Cowen & Co. The rating was downgraded by IBERIA Capital Partners to “Sector Perform” on Friday, October 30. The firm has “Underperform” rating by Credit Suisse given on Friday, January 12. The stock of Hornbeck Offshore Services, Inc. (NYSE:HOS) earned “Hold” rating by Piper Jaffray on Wednesday, August 2. The firm has “Neutral” rating given on Friday, May 13 by Clarckson Platou. Stephens upgraded the shares of HOS in report on Wednesday, May 11 to “Equal-Weight” rating. The stock of Hornbeck Offshore Services, Inc. (NYSE:HOS) has “Sector Weight” rating given on Friday, October 9 by KeyBanc Capital Markets. As per Wednesday, April 20, the company rating was downgraded by Barclays Capital. The rating was maintained by Howard Weil with “Sector Outperform” on Friday, February 19. The rating was downgraded by Clarkson Platou to “Sell” on Tuesday, March 8.

Analysts await Hornbeck Offshore Services, Inc. (NYSE:HOS) to report earnings on May, 2. They expect $-0.73 EPS, up 3.95% or $0.03 from last year’s $-0.76 per share. After $-0.44 actual EPS reported by Hornbeck Offshore Services, Inc. for the previous quarter, Wall Street now forecasts 65.91% negative EPS growth.

Since October 27, 2017, it had 0 insider purchases, and 20 sales for $33.77 million activity. On Wednesday, January 31 THULIN INGE G sold $8.85M worth of 3M Company (NYSE:MMM) or 35,236 shares. Another trade for 1,681 shares valued at $419,846 was made by Gangestad Nicholas C on Thursday, February 1. Bauman James L sold $2.19 million worth of stock. Lindekugel Jon T also sold $92,023 worth of 3M Company (NYSE:MMM) on Tuesday, October 31. Roman Michael F sold $1.02M worth of stock. Shares for $3.33M were sold by Keel Paul A.

Anderson Hoagland & Co, which manages about $378.72 million and $162.58 million US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 26,910 shares to 39,890 shares, valued at $1.93M 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. Lpl Fincl Ltd Liability Corporation holds 0.1% or 137,051 shares in its portfolio. Lenox Wealth Mngmt Inc reported 0.07% of its portfolio in 3M Company (NYSE:MMM). Bollard Grp Inc Ltd Liability Com holds 3,820 shares. Aqr Capital Mgmt Ltd owns 505,888 shares or 0.13% of their US portfolio. Osher Van De Voorde Invest Management owns 39,055 shares. St Johns Invest Co Llc stated it has 1.28% of its portfolio in 3M Company (NYSE:MMM). 1.29M are held by Alliancebernstein Ltd Partnership. Michigan-based Aspen Invest Management has invested 0.29% in 3M Company (NYSE:MMM). Lvw Advsrs Ltd Liability Corp reported 1,122 shares. Moreover, Exxonmobil Inv Mgmt Tx has 0.58% invested in 3M Company (NYSE:MMM) for 108,978 shares. Moreover, Rampart Invest Management Ltd has 0.52% invested in 3M Company (NYSE:MMM) for 7,376 shares. 11,213 are held by Smithbridge Asset Management De. Somerset Trust invested in 2.13% or 19,149 shares. Deroy & Devereaux Private Counsel stated it has 0.02% of its portfolio in 3M Company (NYSE:MMM). Martingale Asset Mngmt LP holds 0.67% or 236,133 shares in its portfolio.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 79 analyst reports since July 24, 2015 according to SRatingsIntel. UBS maintained 3M Company (NYSE:MMM) on Wednesday, December 16 with “Buy” rating. Barclays Capital maintained the shares of MMM in report on Monday, October 5 with “Equal-Weight” rating. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, July 25. The firm has “Sector Perform” rating given on Wednesday, December 7 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, February 15 report. As per Tuesday, September 26, the company rating was maintained by Jefferies. The stock has “Underweight” rating by JP Morgan on Wednesday, September 20. The firm has “Hold” rating given on Friday, January 26 by Stifel Nicolaus. The rating was initiated by Citigroup with “Buy” on Thursday, January 21. As per Wednesday, October 25, the company rating was maintained by Stifel Nicolaus.

Analysts await 3M Company (NYSE:MMM) to report earnings on April, 24. They expect $2.53 earnings per share, up 17.13% or $0.37 from last year’s $2.16 per share. MMM’s profit will be $1.51B for 23.42 P/E if the $2.53 EPS becomes a reality. After $2.10 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts 20.48% EPS growth.

Leave a Reply

Your email address will not be published. Required fields are marked *