South Texas Money Management LTD Lowered Its American Intl Group (AIG) Position; Spf Beheer Bv Trimmed 3M Co (MMM) Stake By $7.24 Million

June 18, 2018 - By Dolores Ford

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South Texas Money Management Ltd decreased American Intl Group Inc (AIG) stake by 42.52% reported in 2018Q1 SEC filing. South Texas Money Management Ltd sold 6,272 shares as American Intl Group Inc (AIG)’s stock declined 9.68%. The South Texas Money Management Ltd holds 8,477 shares with $461,000 value, down from 14,749 last quarter. American Intl Group Inc now has $49.56 billion valuation. The stock increased 0.75% or $0.41 during the last trading session, reaching $55.21. About 12.58M shares traded or 104.18% up from the average. American International Group, Inc. (NYSE:AIG) has declined 15.56% since June 18, 2017 and is downtrending. It has underperformed by 28.13% the S&P500. Some Historical AIG News: ; 27/03/2018 – AIG SAYS CEO BRIAN DUPERREAULT’S TOTAL COMPENSATION WAS $43.1 MLN FOR THE PERIOD MAY 14 TO DEC 31, 2017 – SEC FILING; 14/05/2018 – AIG – LYONS IS REJOINING AIG FROM ARCH CAPITAL GROUP LTD; 29/05/2018 – AIG EUROPE A2 INS. RATING AFFIRMED BY MOODY’S, OUTLOOK STABLE; 26/04/2018 – AXA prices U.S. arm’s IPO at $24-27/per share, launches bonds; 02/05/2018 – AIG Adjusted Book Value Per Common Share Was $56.10; 27/03/2018 – AIG Reveals CEO Pay, Board Changes in an SEC Filing; 08/03/2018 – Mitratech Adds Former AIG Legal Operations Executive to Leadership Team; 19/03/2018 – AIG FILES FOR POTENTIAL TWO-PART NOTES OFFERING; SIZE NOT DISCLOSED – SEC FILING; 02/05/2018 – AIG 1Q Net Investment Income From Insurance Companies Fell 9% to $3.3 Billion; 12/04/2018 – MOVES-AIG names Anthony Vidovich as chief claims officer, general insurance




Spf Beheer Bv decreased 3M Co (MMM) stake by 8.7% reported in 2018Q1 SEC filing. Spf Beheer Bv sold 33,067 shares as 3M Co (MMM)’s stock declined 18.48%. The Spf Beheer Bv holds 346,826 shares with $76.14M value, down from 379,893 last quarter. 3M Co now has $121.69 billion valuation. The stock increased 0.66% or $1.34 during the last trading session, reaching $204.97. About 5.45 million shares traded or 85.32% up from the average. 3M Company (NYSE:MMM) has declined 0.26% since June 18, 2017 and is downtrending. It has underperformed by 12.83% the S&P500. Some Historical MMM News: ; 24/04/2018 – 3M CO – FOREIGN CURRENCY TRANSLATION IN QTR INCREASED SALES BY 4.2 PERCENT YEAR-ON-YEAR; 23/05/2018 – OROCOBRE UPS CAUCHARI RESOURCE EST. TO 3M TONS LITHUM CARBONATE; 04/04/2018 – C3 IOT ANNOUNCED MULTI-YEAR AGREEMENT WITH 3M TO PROVIDE C3 IOT Al AND IOT SOFTWARE PLATFORM TO SUPPORT 3M’S DIGITAL TRANSFORMATION; 20/04/2018 – Wall St Week Ahead-Trade tensions set for brighter U.S. corporate spotlight; 24/04/2018 – 3M 1Q 2018 CAPEX $304M; 21/05/2018 – 3M NAMES GAYLE SCHUELLER CHIEF SUSTAINABILITY OFFICER; 05/03/2018 – 3M CO – MICHAEL ROMAN APPOINTED 3M CHIEF EXECUTIVE OFFICER; 15/05/2018 – SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN GENERAL ELECTRIC CO; 05/03/2018 – 3M CO – MICHAEL F. ROMAN SUCCEEDS INGE G. THULIN; 24/04/2018 – Anglo American 1Q Minas-Rio Production Decreased by 30% to 3M Tons

Spf Beheer Bv increased Amerisourcebergen Co (NYSE:ABC) stake by 5,474 shares to 786,833 valued at $67.83M in 2018Q1. It also upped Comcast Corp (NASDAQ:CMCSA) stake by 238,627 shares and now owns 2.02M shares. Pepsico Inc (NYSE:PEP) was raised too.

Analysts await 3M Company (NYSE:MMM) to report earnings on July, 24. They expect $2.63 earnings per share, up 1.94% or $0.05 from last year’s $2.58 per share. MMM’s profit will be $1.56 billion for 19.48 P/E if the $2.63 EPS becomes a reality. After $2.50 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts 5.20% EPS growth.

Among 17 analysts covering 3M (NYSE:MMM), 8 have Buy rating, 4 Sell and 5 Hold. Therefore 47% are positive. 3M has $28400 highest and $135 lowest target. $230’s average target is 12.21% above currents $204.97 stock price. 3M had 93 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained 3M Company (NYSE:MMM) on Tuesday, September 26 with “Buy” rating. The firm has “Sell” rating given on Thursday, January 18 by J.P. Morgan. The rating was maintained by Jefferies with “Buy” on Tuesday, April 12. The firm earned “Hold” rating on Friday, January 26 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, December 13. As per Wednesday, March 30, the company rating was maintained by Morgan Stanley. RBC Capital Markets maintained 3M Company (NYSE:MMM) on Wednesday, January 3 with “Hold” rating. The firm has “Buy” rating given on Wednesday, January 24 by Hilliard Lyons. The stock of 3M Company (NYSE:MMM) earned “Outperform” rating by Credit Suisse on Wednesday, October 25. The firm earned “Buy” rating on Wednesday, October 25 by Argus Research.

Since January 31, 2018, it had 0 insider buys, and 16 insider sales for $30.99 million activity. Shares for $474,944 were sold by Shin Hak Cheol on Thursday, February 1. THULIN INGE G also sold $1.37 million worth of 3M Company (NYSE:MMM) shares. 1,681 shares valued at $419,846 were sold by Gangestad Nicholas C on Thursday, February 1. $2.19M worth of 3M Company (NYSE:MMM) was sold by Bauman James L on Friday, February 2. Shares for $1.54M were sold by Vale Michael G.. Shares for $742,051 were sold by Little Frank R Jr. on Friday, February 23. The insider Roman Michael F sold $1.02 million.

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

Investors sentiment decreased to 0.77 in 2018 Q1. Its down 0.06, from 0.83 in 2017Q4. It dropped, as 65 investors sold MMM shares while 643 reduced holdings. 113 funds opened positions while 434 raised stakes. 377.88 million shares or 1.35% less from 383.04 million shares in 2017Q4 were reported. Delta Asset Tn reported 150,650 shares or 4.91% of all its holdings. Parsons Capital Mngmt Ri stated it has 7.27% of its portfolio in 3M Company (NYSE:MMM). State Bank Of New York Mellon invested in 0.38% or 6.19M shares. 8,200 were accumulated by Burgundy Asset Mgmt Ltd. Guyasuta Invest Advsr invested in 0.14% or 5,342 shares. Badgley Phelps Bell holds 0.11% or 7,752 shares in its portfolio. Aimz Investment Ltd Company owns 6,556 shares or 1.04% of their US portfolio. Drexel Morgan holds 1.94% or 8,495 shares. Davidson Investment Advsr invested in 39,436 shares or 0.93% of the stock. Hrt Ltd Limited Liability Company holds 1.29% of its portfolio in 3M Company (NYSE:MMM) for 12,248 shares. Bnp Paribas Asset Management holds 0.36% or 194,794 shares in its portfolio. Garrison Fin has invested 2.47% of its portfolio in 3M Company (NYSE:MMM). Parametrica Ltd has invested 0.38% in 3M Company (NYSE:MMM). Eqis reported 12,298 shares. Paloma Prns Mgmt owns 25,979 shares.

Investors sentiment increased to 1 in 2018 Q1. Its up 0.30, from 0.7 in 2017Q4. It is positive, as 66 investors sold AIG shares while 249 reduced holdings. 90 funds opened positions while 226 raised stakes. 749.06 million shares or 0.24% more from 747.27 million shares in 2017Q4 were reported. Narwhal holds 1.21% of its portfolio in American International Group, Inc. (NYSE:AIG) for 96,186 shares. Becker Cap Mgmt accumulated 561,460 shares or 1.01% of the stock. Mariner Limited Liability Com holds 8,742 shares. Amundi Pioneer Asset holds 0.1% or 1.17M shares in its portfolio. Dubuque Retail Bank Tru Co has invested 0% of its portfolio in American International Group, Inc. (NYSE:AIG). Tudor Corp Et Al invested 0.13% of its portfolio in American International Group, Inc. (NYSE:AIG). Schaller Inv Gp Inc holds 0.16% in American International Group, Inc. (NYSE:AIG) or 5,000 shares. Trellus Mgmt Limited Liability reported 20,000 shares or 1.98% of all its holdings. Washington Bankshares holds 0% or 227 shares in its portfolio. Freestone Capital Limited Liability Co has invested 0.07% in American International Group, Inc. (NYSE:AIG). Ontario Teachers Pension Plan Board holds 1.03% or 1.26M shares. Epoch Invest Ptnrs Incorporated holds 0.52% or 2.70 million shares. 3,922 were reported by Miles Cap. Cna has invested 0.53% in American International Group, Inc. (NYSE:AIG). Qci Asset Mngmt Inc New York reported 30 shares.

Since February 15, 2018, it had 2 insider purchases, and 2 selling transactions for $47,270 activity. LEONARDI THOMAS B had bought 2,500 shares worth $128,875. $249,879 worth of American International Group, Inc. (NYSE:AIG) was bought by STEENLAND DOUGLAS M. The insider Macia Seraina sold $209,164. 2,052 shares were sold by Macartney Claudine, worth $122,320 on Thursday, February 15.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on August, 1. They expect $1.25 EPS, down 18.30% or $0.28 from last year’s $1.53 per share. AIG’s profit will be $1.12B for 11.04 P/E if the $1.25 EPS becomes a reality. After $1.04 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts 20.19% EPS growth.

Among 22 analysts covering American International Group (NYSE:AIG), 15 have Buy rating, 1 Sell and 6 Hold. Therefore 68% are positive. American International Group had 83 analyst reports since August 5, 2015 according to SRatingsIntel. As per Tuesday, November 3, the company rating was maintained by Piper Jaffray. The stock of American International Group, Inc. (NYSE:AIG) has “Neutral” rating given on Friday, November 3 by Bank of America. On Wednesday, August 5 the stock rating was maintained by Citigroup with “Buy”. The firm has “Sell” rating by Deutsche Bank given on Monday, March 13. The rating was maintained by RBC Capital Markets on Thursday, August 3 with “Buy”. As per Thursday, April 13, the company rating was maintained by Wells Fargo. The rating was upgraded by Buckingham Research on Friday, April 27 to “Neutral”. The firm has “Outperform” rating given on Friday, February 17 by RBC Capital Markets. As per Monday, November 28, the company rating was maintained by FBR Capital. RBC Capital Markets maintained the shares of AIG in report on Tuesday, September 5 with “Buy” rating.

3M Company (NYSE:MMM) Institutional Positions Chart

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