As 3M Co (MMM) Shares Declined, Holder S&T Bank Has Trimmed Position; Dynamo Internacional Gestao De Recursos Ltda Holding in Coty (COTY) Decreased by $21.88 Million

Coty Inc. (NYSE:COTY) Logo

S&T Bank decreased its stake in 3M Co (MMM) by 3.43% based on its latest 2017Q4 regulatory filing with the SEC. S&T Bank sold 1,573 shares as the company’s stock declined 8.03% with the market. The institutional investor held 44,343 shares of the medical and dental instruments company at the end of 2017Q4, valued at $10.44M, down from 45,916 at the end of the previous reported quarter. S&T Bank who had been investing in 3M Co for a number of months, seems to be less bullish one the $116.44 billion market cap company. The stock decreased 0.49% or $0.97 during the last trading session, reaching $196.12. About 3.35 million shares traded or 13.66% up from the average. 3M Company (NYSE:MMM) has risen 13.36% since April 30, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Dynamo Internacional Gestao De Recursos Ltda decreased its stake in Coty Inc (COTY) by 55.82% based on its latest 2017Q4 regulatory filing with the SEC. Dynamo Internacional Gestao De Recursos Ltda sold 1.15 million shares as the company’s stock declined 8.23% with the market. The institutional investor held 911,473 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $18.13M, down from 2.06M at the end of the previous reported quarter. Dynamo Internacional Gestao De Recursos Ltda who had been investing in Coty Inc for a number of months, seems to be less bullish one the $12.76 billion market cap company. The stock increased 0.65% or $0.11 during the last trading session, reaching $17.02. About 2.19 million shares traded. Coty Inc. (NYSE:COTY) has risen 0.16% since April 30, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

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. Dnb Asset As accumulated 78,732 shares. Willingdon Wealth Management holds 0.04% of its portfolio in 3M Company (NYSE:MMM) for 554 shares. Los Angeles Capital Management & Equity Rech Inc reported 404,685 shares. Ingalls And Snyder Limited Liability Company owns 10,154 shares for 0.11% of their portfolio. Confluence Inv Limited Com accumulated 485,303 shares or 2.09% of the stock. Wedge L LP Nc reported 0.17% in 3M Company (NYSE:MMM). Field Main Commercial Bank stated it has 0.13% of its portfolio in 3M Company (NYSE:MMM). Ci Global Inc stated it has 0.07% in 3M Company (NYSE:MMM). 28,756 are owned by Bush Odonnell Inv. Bradley Foster Sargent Inc Ct stated it has 0.73% of its portfolio in 3M Company (NYSE:MMM). 5,000 were reported by Alethea Cap. 87,559 are held by Edgemoor Invest Advsr Inc. Tiverton Asset Mngmt Limited Liability has invested 0.1% in 3M Company (NYSE:MMM). Greenhaven Assocs owns 50,000 shares. Massachusetts-based Grantham Mayo Van Otterloo & Company Lc has invested 0.94% in 3M Company (NYSE:MMM).

Since October 31, 2017, it had 0 buys, and 16 insider sales for $30.99 million activity. 44 shares valued at $11,102 were sold by THULIN INGE G on Wednesday, January 31. 1,681 3M Company (NYSE:MMM) shares with value of $419,846 were sold by Gangestad Nicholas C. On Friday, February 2 the insider Roman Michael F sold $1.02 million. Another trade for 6,799 shares valued at $1.68 million was sold by Shin Hak Cheol. Vale Michael G. sold $1.54M worth of 3M Company (NYSE:MMM) on Friday, February 2. Bauman James L sold 8,834 shares worth $2.19M.

S&T Bank, which manages about $590.29 million US Long portfolio, upped its stake in Hollyfrontier Corp (NYSE:HFC) by 9,082 shares to 120,020 shares, valued at $6.15 million in 2017Q4, according to the filing. It also increased its holding in Skyworks Solutions Inc (NASDAQ:SWKS) by 4,075 shares in the quarter, for a total of 129,646 shares, and has risen its stake in S & T Bancorp Inc (NASDAQ:STBA).

Among 17 analysts covering 3M (NYSE:MMM), 8 have Buy rating, 4 Sell and 5 Hold. Therefore 47% are positive. 3M had 91 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, April 12 by Jefferies. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, April 26 report. RBC Capital Markets maintained the shares of MMM in report on Friday, October 23 with “Underperform” rating. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Friday, January 26 by Stifel Nicolaus. CFRA upgraded 3M Company (NYSE:MMM) on Tuesday, April 24 to “Buy” rating. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Tuesday, April 3 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of MMM in report on Wednesday, July 19 with “Hold” rating. The stock has “Underperform” rating by RBC Capital Markets on Wednesday, October 26. The company was upgraded on Wednesday, October 25 by Goldman Sachs. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Citigroup on Thursday, January 21.

Among 16 analysts covering Coty (NYSE:COTY), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Coty had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Coty Inc. (NYSE:COTY) earned “Overweight” rating by JP Morgan on Tuesday, August 25. Deutsche Bank maintained the shares of COTY in report on Wednesday, August 23 with “Buy” rating. The firm has “Buy” rating given on Monday, August 17 by Deutsche Bank. The stock of Coty Inc. (NYSE:COTY) earned “Neutral” rating by DA Davidson on Friday, November 10. On Friday, August 14 the stock rating was maintained by Piper Jaffray with “Hold”. RBC Capital Markets maintained it with “Hold” rating and $2200 target in Friday, July 14 report. Citigroup maintained Coty Inc. (NYSE:COTY) rating on Thursday, February 4. Citigroup has “Neutral” rating and $26 target. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 20 report. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 21. On Thursday, August 25 the stock rating was maintained by Citigroup with “Neutral”.

Dynamo Internacional Gestao De Recursos Ltda, which manages about $688.66M US Long portfolio, upped its stake in Tempur Sealy Intl Inc (NYSE:TPX) by 46,165 shares to 2.76M shares, valued at $172.96 million in 2017Q4, according to the filing.

Since February 12, 2018, it had 1 insider buy, and 0 insider sales for $84.48 million activity.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on May, 9 before the open. They expect $0.12 EPS, down 20.00% or $0.03 from last year’s $0.15 per share. COTY’s profit will be $89.99 million for 35.46 P/E if the $0.12 EPS becomes a reality. After $0.32 actual EPS reported by Coty Inc. for the previous quarter, Wall Street now forecasts -62.50% negative EPS growth.

3M Company (NYSE:MMM) Institutional Positions Chart