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Advisors Asset Management Position in Mcdonalds (MCD) Has Lowered by $2.59 Million; Saybrook Capital Increases Holding in 3M Co (MMM)

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Saybrook Capital increased its stake in 3M Co (MMM) by 20.43% based on its latest 2018Q1 regulatory filing with the SEC. Saybrook Capital bought 8,335 shares as the company’s stock declined 18.48% with the market. The institutional investor held 49,136 shares of the medical and dental instruments company at the end of 2018Q1, valued at $10.79M, up from 40,801 at the end of the previous reported quarter. Saybrook Capital who had been investing in 3M Co for a number of months, seems to be bullish on the $121.69 billion market cap company. The stock increased 0.66% or $1.34 during the last trading session, reaching $204.97. About 5.45M shares traded or 85.32% up from the average. 3M Company (NYSE:MMM) has declined 0.26% since June 17, 2017 and is downtrending. It has underperformed by 12.83% the S&P500. Some Historical MMM News: 08/05/2018 – 3M CO SAYS EXPECTS FY 2018 GROSS SHARE REPURCHASES WILL BE IN THE RANGE OF $3.0 BLN TO $5.0 BLN – SEC FILING; 30/05/2018 – HOULIHAN LOKEY REPORTS 3M-SHARE SECONDARY BY SELLING HOLDERS; 30/05/2018 – 3M INDIA 4Q REVENUE 6.79B RUPEES VERSUS 6.48B RUPEES; 24/04/2018 – 3M CO MMM.N SEES FY 2018 GAAP SHR $8.68 TO $9.03; 01/05/2018 – 3M Co at Bernstein Strategic Decisions CEO Conference May 31; 21/05/2018 – 3M FORMS SUSTAINABILITY-PRODUCT STEWARDSHIP ORGANIZATION; 24/04/2018 – 3M CO MMM.N FY2018 SHR VIEW $10.53 — THOMSON REUTERS l/B/E/S; 22/05/2018 – Vomela/3M Teambuilding Event Results in Donation to the YMCA of the Greater Twin Cities; 24/04/2018 – 3M CO MMM.N SEES FY 2018 ADJUSTED SHR $10.20 TO $10.55 EXCLUDING ITEMS; 24/04/2018 – 3M Trims High-End of Guidance Range — Earnings Review

Advisors Asset Management Inc decreased its stake in Mcdonalds Corp (MCD) by 17.7% based on its latest 2018Q1 regulatory filing with the SEC. Advisors Asset Management Inc sold 16,509 shares as the company’s stock declined 0.23% with the market. The institutional investor held 76,739 shares of the restaurants company at the end of 2018Q1, valued at $12.10 million, down from 93,248 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Mcdonalds Corp for a number of months, seems to be less bullish one the $130.70 billion market cap company. The stock decreased 0.35% or $0.59 during the last trading session, reaching $166.46. About 7.38 million shares traded or 93.43% up from the average. McDonald's Corporation (NYSE:MCD) has risen 8.97% since June 17, 2017 and is uptrending. It has underperformed by 3.60% the S&P500. Some Historical MCD News: 12/04/2018 – McDonald’s Closes Below 200-Day Moving Average: Technicals; 24/05/2018 – UZBEKISTAN TO OPEN STARBUCKS, MCDONALD’S NEAR TASHKENT: RIA; 30/04/2018 – McDonald’s 1Q Global Comparable Guest Counts Rose 0.8%; 21/03/2018 – Starbucks’ mobile order push meets resistance from ritual seekers; 30/04/2018 – MCDONALD’S EXECUTIVES SPEAK ON CALL; 14/03/2018 – WELBILT INC – FIELDS HAS SERVED AS PRESIDENT OF MCDONALD’S USA, LLC, SUBSIDIARY OF MCDONALD’S CORP; 13/04/2018 – Russia lawmakers draft list of U.S. imports that could be banned; 13/03/2018 – EduComm Minority: Top Democrats Urge NLRB to Protect Workers’ Due Process in McDonald’s Case; 10/04/2018 – MCDONALD’S MCD.N TO LAUNCH HOME DELIVERY PILOT PROJECT IN SWEDEN, FINLAND IN MAY; IN DENMARK, NORWAY IN H2 2018 – NORDIC GROUP CEO; 14/03/2018 – MCDONALD’S: FRESH BEEF ADVERTISING LIFTS SALES OF ALL BURGERS

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “Golden Arches in North Korea?” on June 11, 2018, also Seekingalpha.com with their article: “McDonald’s to detail restructuring plan” published on June 12, 2018, Seekingalpha.com published: “Highlights from McDonald’s conference presentation” on May 30, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s shareholders vote on straw ban” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s updates on US reorganization” with publication date: June 12, 2018.

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.09, from 0.88 in 2017Q4. It dived, as 78 investors sold MCD shares while 616 reduced holdings. 106 funds opened positions while 439 raised stakes. 508.60 million shares or 1.89% less from 518.42 million shares in 2017Q4 were reported. Old Second Financial Bank Of Aurora has invested 0.34% in McDonald's Corporation (NYSE:MCD). Cadence Bankshares Na reported 10,609 shares stake. Intersect Ltd Liability invested 0.92% of its portfolio in McDonald's Corporation (NYSE:MCD). Hartford Invest Mngmt Co owns 161,880 shares or 0.5% of their US portfolio. Federated Investors Pa invested 0.01% in McDonald's Corporation (NYSE:MCD). Lynch Associates In reported 1.8% of its portfolio in McDonald's Corporation (NYSE:MCD). One Ltd Limited Liability Company has invested 0.06% in McDonald's Corporation (NYSE:MCD). Burgundy Asset Ltd invested in 1.39M shares or 2.03% of the stock. M Hldgs Incorporated holds 0.27% or 5,739 shares in its portfolio. Texas Permanent School Fund has 205,976 shares. Fukoku Mutual Life holds 3,400 shares or 0.08% of its portfolio. Tradewinds Cap Management Ltd holds 0.09% or 1,219 shares in its portfolio. Allen Investment Mgmt Ltd Co stated it has 0.01% in McDonald's Corporation (NYSE:MCD). Pictet North America Advisors holds 7,317 shares. Cutler Inv Counsel Limited Co has 77,507 shares for 2.37% of their portfolio.

Since January 31, 2018, it had 0 insider purchases, and 4 insider sales for $11.52 million activity. The insider OZAN KEVIN M sold 18,636 shares worth $3.09 million. Shares for $238,415 were sold by Hoovel Catherine A..

Among 36 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. McDonald’s Corporation had 154 analyst reports since September 29, 2015 according to SRatingsIntel. As per Thursday, October 8, the company rating was initiated by Suntrust Robinson. Wells Fargo maintained McDonald's Corporation (NYSE:MCD) rating on Monday, October 9. Wells Fargo has “Buy” rating and $180.0 target. RBC Capital Markets maintained McDonald's Corporation (NYSE:MCD) rating on Friday, June 2. RBC Capital Markets has “Buy” rating and $15500 target. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, June 29. The rating was upgraded by BTIG Research to “Buy” on Tuesday, January 19. The stock of McDonald's Corporation (NYSE:MCD) earned “Buy” rating by Nomura on Wednesday, January 31. Stephens maintained it with “Buy” rating and $185.0 target in Tuesday, January 30 report. As per Monday, March 12, the company rating was maintained by BMO Capital Markets. Robert W. Baird maintained McDonald's Corporation (NYSE:MCD) on Tuesday, January 30 with “Buy” rating. The rating was maintained by Piper Jaffray on Wednesday, October 11 with “Buy”.

Advisors Asset Management Inc, which manages about $16.50B and $5.97 billion US Long portfolio, upped its stake in Buckle Inc (NYSE:BKE) by 20,154 shares to 457,732 shares, valued at $9.64M in 2018Q1, according to the filing. It also increased its holding in Cogent Communications Hldgs (NASDAQ:CCOI) by 28,655 shares in the quarter, for a total of 302,411 shares, and has risen its stake in Owens & Minor Inc New (NYSE:OMI).

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on July, 24. They expect $1.93 earnings per share, up 11.56% or $0.20 from last year’s $1.73 per share. MCD’s profit will be $1.52B for 21.56 P/E if the $1.93 EPS becomes a reality. After $1.79 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts 7.82% EPS growth.

Saybrook Capital, which manages about $211.56M US Long portfolio, decreased its stake in Procter And Gamble Co (NYSE:PG) by 15,503 shares to 45,064 shares, valued at $3.57M in 2018Q1, according to the filing.

Among 17 analysts covering 3M (NYSE:MMM), 8 have Buy rating, 4 Sell and 5 Hold. Therefore 47% are positive. 3M had 93 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 25. The rating was upgraded by CFRA on Tuesday, April 24 to “Buy”. The firm has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $215.0 target in Tuesday, December 12 report. Credit Suisse maintained 3M Company (NYSE:MMM) on Wednesday, October 25 with “Outperform” rating. As per Wednesday, July 26, the company rating was maintained by Morgan Stanley. The firm earned “Underperform” rating on Wednesday, October 26 by RBC Capital Markets. UBS maintained 3M Company (NYSE:MMM) on Wednesday, December 16 with “Buy” rating. Jefferies maintained 3M Company (NYSE:MMM) on Thursday, July 13 with “Buy” rating. The rating was upgraded by RBC Capital Markets on Thursday, May 3 to “Buy”.

More notable recent 3M Company (NYSE:MMM) news were published by: Fool.com which released: “The 1 Reason to Avoid 3M Company’s Stock” on June 06, 2018, also Seekingalpha.com with their article: “The Evolution Of A Stock Price Over 30 Years” published on May 31, 2018, Seekingalpha.com published: “3M Company: It Didn’t Take A Crystal Ball To See That It Was Overvalued – Part 3” on May 31, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M Company: Time To Break Up This Giant?” published on June 09, 2018 as well as Livetradingnews.com‘s news article titled: “3M Company (NYSE:MMM) Stock Worth Watching” with publication date: May 23, 2018.

3M Company (NYSE:MMM) Institutional Positions Chart

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