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Baker Ellis Asset Management Has Increased Position in 3M Company (MMM) by $2.55 Million as Stock Declined; Bluecrest Capital Management LTD Increased Holding in Conagra Brands (CAG)

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Bluecrest Capital Management Ltd increased its stake in Conagra Brands Inc (CAG) by 147.2% based on its latest 2017Q4 regulatory filing with the SEC. Bluecrest Capital Management Ltd bought 33,705 shares as the company’s stock declined 4.67% with the market. The institutional investor held 56,603 shares of the consumer non-durables company at the end of 2017Q4, valued at $2.13 million, up from 22,898 at the end of the previous reported quarter. Bluecrest Capital Management Ltd who had been investing in Conagra Brands Inc for a number of months, seems to be bullish on the $14.36 billion market cap company. The stock increased 0.19% or $0.07 during the last trading session, reaching $36.5. About 2.97 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 9.57% since April 24, 2017 and is downtrending. It has underperformed by 21.12% the S&P500.

Baker Ellis Asset Management Llc increased its stake in 3M Company (MMM) by 198.07% based on its latest 2017Q4 regulatory filing with the SEC. Baker Ellis Asset Management Llc bought 10,868 shares as the company’s stock declined 8.03% with the market. The institutional investor held 16,355 shares of the medical and dental instruments company at the end of 2017Q4, valued at $3.85 million, up from 5,487 at the end of the previous reported quarter. Baker Ellis Asset Management Llc who had been investing in 3M Company for a number of months, seems to be bullish on the $128.39 billion market cap company. The stock decreased 0.86% or $1.87 during the last trading session, reaching $215.88. About 2.52M shares traded. 3M Company (NYSE:MMM) has risen 13.36% since April 24, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 83 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 26 by Morgan Stanley. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, January 26 report. As per Friday, July 24, the company rating was maintained by UBS. The company was maintained on Wednesday, December 13 by Stifel Nicolaus. The stock of 3M Company (NYSE:MMM) has “Underweight” rating given on Wednesday, September 20 by JP Morgan. Stifel Nicolaus maintained the shares of MMM in report on Wednesday, July 19 with “Hold” rating. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Wednesday, October 25 by Goldman Sachs. The stock has “Underperform” rating by RBC Capital Markets on Wednesday, October 26. Citigroup maintained 3M Company (NYSE:MMM) rating on Tuesday, April 19. Citigroup has “Buy” rating and $191 target. RBC Capital Markets maintained 3M Company (NYSE:MMM) on Wednesday, January 3 with “Hold” rating.

Baker Ellis Asset Management Llc, which manages about $466.90 million and $397.14 million US Long portfolio, decreased its stake in Abbott Laboratories (NYSE:ABT) by 24,204 shares to 15,200 shares, valued at $867,000 in 2017Q4, according to the filing. It also reduced its holding in General Mills (NYSE:GIS) by 5,090 shares in the quarter, leaving it with 50,169 shares, and cut its stake in Coca (NYSE:KO).

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.06, from 0.77 in 2017Q3. It increased, as 47 investors sold MMM shares while 635 reduced holdings. 147 funds opened positions while 416 raised stakes. 383.04 million shares or 1.04% less from 387.06 million shares in 2017Q3 were reported. Comerica National Bank & Trust holds 0.43% or 260,541 shares in its portfolio. Rfg Advisory Grp Inc has 0.1% invested in 3M Company (NYSE:MMM). Morgan Stanley holds 0.21% or 3.19M shares. Barr E S Com reported 1,594 shares stake. 18,162 were accumulated by Fca Tx. Farmers And Merchants Invests Incorporated owns 46,306 shares for 0.79% of their portfolio. Cincinnati Insurance Com has 3.52% invested in 3M Company (NYSE:MMM). 65,223 were reported by Teachers Retirement Sys Of The State Of Kentucky. Park Avenue Securities Ltd Co holds 0.11% of its portfolio in 3M Company (NYSE:MMM) for 1,759 shares. Zacks Inv Mngmt holds 0.04% or 8,482 shares. Orrstown Services invested in 1.41% or 5,226 shares. Canandaigua Bank And holds 0.85% or 20,069 shares in its portfolio. Brinker Capital has invested 0.01% in 3M Company (NYSE:MMM). The Pennsylvania-based Fulton Commercial Bank Na has invested 0.3% in 3M Company (NYSE:MMM). Neumann Cap Mgmt Limited Com stated it has 7,092 shares.

Since October 27, 2017, it had 0 buys, and 21 selling transactions for $34.51 million activity. Lindekugel Jon T had sold 400 shares worth $92,023 on Tuesday, October 31. 5,438 shares valued at $1.37M were sold by THULIN INGE G on Wednesday, January 31. 1,900 shares were sold by Shin Hak Cheol, worth $474,944. $742,051 worth of stock was sold by Little Frank R Jr. on Friday, February 23. $1.54 million worth of stock was sold by Vale Michael G. on Friday, February 2. 225 shares were sold by Vrohidis Ippocratis, worth $56,178.

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.21, from 0.99 in 2017Q3. It fall, as 42 investors sold CAG shares while 227 reduced holdings. 62 funds opened positions while 147 raised stakes. 301.99 million shares or 2.83% less from 310.77 million shares in 2017Q3 were reported. Thompson Siegel Walmsley Ltd Liability Com has invested 0% in Conagra Brands, Inc. (NYSE:CAG). Pnc Fin Services Group invested in 242,864 shares or 0.01% of the stock. Northern holds 0.05% or 4.91M shares in its portfolio. Rhumbline Advisers holds 0.06% or 778,158 shares. First Midwest Commercial Bank Trust Division owns 41,201 shares. Ontario – Canada-based Toronto Dominion Comml Bank has invested 0.02% in Conagra Brands, Inc. (NYSE:CAG). Pittenger And Anderson holds 0.03% in Conagra Brands, Inc. (NYSE:CAG) or 9,451 shares. Fayez Sarofim And has 0% invested in Conagra Brands, Inc. (NYSE:CAG). Profund Advisors Ltd Company stated it has 9,954 shares or 0.01% of all its holdings. 2.55 million were accumulated by Invesco. Millennium Mgmt Ltd Co reported 3.16 million shares. 1.15M were reported by Carlson Cap L P. National Pension Ser has 0.09% invested in Conagra Brands, Inc. (NYSE:CAG) for 455,487 shares. Field & Main Bank invested 0.01% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Highlander Lc stated it has 0.03% in Conagra Brands, Inc. (NYSE:CAG).

Since January 4, 2018, it had 0 insider buys, and 4 sales for $1.76 million activity. MARSHALL RUTH ANN sold $216,810 worth of Conagra Brands, Inc. (NYSE:CAG) on Monday, March 26. The insider BUTLER STEPHEN G sold $449,618.

Bluecrest Capital Management Ltd, which manages about $3.68B US Long portfolio, decreased its stake in Oasis Pete Inc New (NYSE:OAS) by 455,583 shares to 58,110 shares, valued at $489,000 in 2017Q4, according to the filing. It also reduced its holding in Repligen Corp (Prn) by 1.50M shares in the quarter, leaving it with 3.50M shares, and cut its stake in National Fuel Gas Co N J (NYSE:NFG).

3M Company (NYSE:MMM) Institutional Positions Chart

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