Victory Capital Management Holding In 3M Co (MMM) Was Boosted; Strs Ohio Has Trimmed Cooper Companies (COO) Position by $6.28 Million as Stock Value Declined

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Victory Capital Management Inc increased its stake in 3M Co (MMM) by 174.89% based on its latest 2018Q3 regulatory filing with the SEC. Victory Capital Management Inc bought 49,166 shares as the company’s stock declined 6.86% with the market. The institutional investor held 77,278 shares of the medical and dental instruments company at the end of 2018Q3, valued at $16.28 million, up from 28,112 at the end of the previous reported quarter. Victory Capital Management Inc who had been investing in 3M Co for a number of months, seems to be bullish on the $115.84 billion market cap company. The stock increased 0.55% or $1.09 during the last trading session, reaching $200.91. About 1.39 million shares traded. 3M Company (NYSE:MMM) has declined 17.47% since February 11, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 08/03/2018 – Minnesota AG: Summary of 3M Settlement; 24/04/2018 – 3M heads for worst day in 9 years after cutting its earnings forecast; 07/03/2018 – APPLE SAYS IT TRAINED 3M SUPPLIER WORKERS ON RIGHTS IN 2017; 16/03/2018 – Canada 3M CDOR Yield at 1.75% by End-2Q vs 1.74% Prior (Survey); 04/04/2018 – 3M Names Sarah Grauze Treasurer and Vice Pres, Finance; 24/04/2018 – 3M CO – DURING THE QUARTER, CO RECORDED AN EXPENSE OF $217 MILLION, OR $0.36 PER SHARE, RELATED TO THE TAX CUTS AND JOBS ACT; 05/03/2018 – 3M Elevates Operating Chief to CEO as Thulin Moves to New Role; 05/03/2018 – LAUNCH: TORONTO-DOMINION OFFERS 1YR KANGAROO FRN AT 3M +35 AREA; 24/05/2018 – Australia 3M Interbank Yield at 1.90% by End-2Q18 (Survey); 15/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Dismissed | 05/15/2018

Strs Ohio decreased its stake in Cooper Companies Inc. (COO) by 74.34% based on its latest 2018Q3 regulatory filing with the SEC. Strs Ohio sold 22,655 shares as the company’s stock declined 2.65% with the market. The institutional investor held 7,819 shares of the health care company at the end of 2018Q3, valued at $2.17M, down from 30,474 at the end of the previous reported quarter. Strs Ohio who had been investing in Cooper Companies Inc. for a number of months, seems to be less bullish one the $13.58 billion market cap company. The stock decreased 0.30% or $0.84 during the last trading session, reaching $275.23. About 211,413 shares traded. The Cooper Companies, Inc. (NYSE:COO) has risen 5.98% since February 11, 2018 and is uptrending. It has outperformed by 5.98% the S&P500. Some Historical COO News: 03/04/2018 – COOPER COMPANIES – DEAL EXPECTED TO BE NEUTRAL TO EPS IN FISCAL 2018 AND ACCRETIVE THEREAFTER, EX. ONE-TIME CHARGES AND DEAL-RELATED AMORTIZATION; 16/04/2018 – Cooper Cos. Exec VP/Secretary/Administrative Chief/Governance Chief Carol R. Kaufman to Resign April 30; 08/03/2018 – Cooper Cos 1Q Adj EPS $2.79; 03/04/2018 – COOPER COMPANIES – COOPERSURGICAL ACQUIRED ASSETS OF LIFEGLOBAL GROUP AND ITS AFFILIATES; 03/04/2018 – COOPER COS. BUYS LIFEGLOBAL GROUP ASSETS FOR $125M; 03/04/2018 – COOPER SEES PURCHASE NEUTRAL TO EPS IN 2018, ADDING THEREAFTER; 08/03/2018 – Cooper Cos 1Q Loss/Shr $2.50; 03/04/2018 – COOPER COMPANIES INC – TRANSACTION IS VALUED AT APPROXIMATELY $125 MLN; 08/03/2018 – COOPER COS 1Q ADJ EPS $2.79, EST. $2.54; 23/05/2018 – The Cooper Companies Announces Executive Management Changes

Victory Capital Management Inc, which manages about $35.27 billion and $48.47B US Long portfolio, decreased its stake in Rpm Intl Inc (Prn) by 906,000 shares to 35.51M shares, valued at $43.72 million in 2018Q3, according to the filing. It also reduced its holding in Expedia Group Inc (NASDAQ:EXPE) by 9,775 shares in the quarter, leaving it with 145,208 shares, and cut its stake in Smith A O (NYSE:AOS).

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “The Durability Of Innovation At 3M – Seeking Alpha” on January 16, 2019, also Seekingalpha.com with their article: “3M Company: 2019 To Be A Likely Dissappointment – Seeking Alpha” published on January 20, 2019, Seekingalpha.com published: “3M Company 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on January 29, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Streetinsider.com and their article: “3M Co. (MMM) Tops Q4 EPS by 3c, Revenues Beat; Lowers FY19 EPS Guidance – StreetInsider.com” published on January 29, 2019 as well as 247Wallst.com‘s news article titled: “Earnings Preview: How 3M Could Rock the Dow – 24/7 Wall St.” with publication date: January 28, 2019.

Since September 10, 2018, it had 1 buying transaction, and 10 sales for $14.32 million activity. Vrohidis Ippocratis sold $1.63 million worth of stock or 8,153 shares. Gangestad Nicholas C also sold $942,450 worth of 3M Company (NYSE:MMM) on Thursday, February 7. 13,290 3M Company (NYSE:MMM) shares with value of $2.66 million were sold by THULIN INGE G. $1.77 million worth of stock was sold by Vale Michael G. on Thursday, February 7. Hammes Eric D. sold 1,272 shares worth $274,752. PAGE GREGORY R bought 1,000 shares worth $184,500.

Investors sentiment increased to 1.03 in Q3 2018. Its up 0.06, from 0.97 in 2018Q2. It is positive, as 47 investors sold MMM shares while 535 reduced holdings. 117 funds opened positions while 480 raised stakes. 371.40 million shares or 0.76% less from 374.25 million shares in 2018Q2 were reported. Ibm Retirement Fund owns 10,196 shares for 0.49% of their portfolio. Cooke Bieler LP invested in 2,000 shares. Macnealy Hoover Inv Management invested 1.29% of its portfolio in 3M Company (NYSE:MMM). Pettyjohn Wood And White owns 11,999 shares for 0.82% of their portfolio. Colony Grp Inc Ltd Liability Co has invested 0.05% in 3M Company (NYSE:MMM). Chickasaw Mngmt Ltd Liability has 0.02% invested in 3M Company (NYSE:MMM). Reilly Advisors Lc holds 0.02% or 825 shares in its portfolio. Mathes Incorporated owns 13,288 shares. Amer Century reported 1.88 million shares. Weatherly Asset Mgmt Limited Partnership has invested 0.58% in 3M Company (NYSE:MMM). Harbour Management has 13,574 shares for 2.09% of their portfolio. Carret Asset Management Limited Liability holds 0.63% or 19,442 shares in its portfolio. Nuwave Inv Management Limited Liability Company accumulated 0.09% or 290 shares. Fundx Invest Grp Ltd Liability holds 1,133 shares. Arete Wealth Advisors Limited Company holds 20,938 shares.

Among 17 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. 3M had 107 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 3 by Stifel Nicolaus. The stock has “Hold” rating by RBC Capital Markets on Tuesday, December 12. RBC Capital Markets maintained 3M Company (NYSE:MMM) rating on Thursday, March 22. RBC Capital Markets has “Hold” rating and $24100 target. The firm has “Buy” rating by Bank of America given on Tuesday, June 6. The rating was maintained by Argus Research with “Buy” on Wednesday, October 24. As per Friday, November 16, the company rating was maintained by Deutsche Bank. On Wednesday, April 25 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, May 3. The stock of 3M Company (NYSE:MMM) has “Buy” rating given on Wednesday, March 30 by UBS. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Jefferies on Monday, August 14.

Investors sentiment increased to 1 in Q3 2018. Its up 0.07, from 0.93 in 2018Q2. It increased, as 27 investors sold COO shares while 132 reduced holdings. 53 funds opened positions while 106 raised stakes. 48.31 million shares or 0.38% more from 48.13 million shares in 2018Q2 were reported. Schroder Invest Mngmt Gru holds 299,803 shares or 0.14% of its portfolio. Apg Asset Management Nv accumulated 6,500 shares. Washington Capital Mngmt Inc reported 2,150 shares. Massmutual Trust Fsb Adv invested in 29 shares. Smithfield Tru invested 0% in The Cooper Companies, Inc. (NYSE:COO). Moreover, Waddell Reed Fincl has 0.21% invested in The Cooper Companies, Inc. (NYSE:COO) for 344,572 shares. Shine Investment Advisory Svcs invested 0.01% of its portfolio in The Cooper Companies, Inc. (NYSE:COO). Metropolitan Life Ins reported 7,415 shares. Jpmorgan Chase & Company holds 0% or 46,637 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt reported 0.01% of its portfolio in The Cooper Companies, Inc. (NYSE:COO). Sumitomo Mitsui Asset Mngmt Communication Limited has 0.01% invested in The Cooper Companies, Inc. (NYSE:COO) for 3,324 shares. Employees Retirement Sys Of Texas holds 3,000 shares. 5.04 million are held by Vanguard Gru. State Treasurer State Of Michigan holds 0.03% of its portfolio in The Cooper Companies, Inc. (NYSE:COO) for 14,628 shares. 753 are owned by Zeke Cap Advisors Ltd Liability Company.

More notable recent The Cooper Companies, Inc. (NYSE:COO) news were published by: Globenewswire.com which released: “Leaf Group Appoints Deborah A. Benton to its Board of Directors – GlobeNewswire” on January 29, 2019, also Finance.Yahoo.com with their article: “NYSE COO John Tuttle speaks to Yahoo Finance at Davos 2019 – Yahoo Finance” published on January 24, 2019, Benzinga.com published: “Union Pacific Corporation (NYSE:UNP) – Union Pacific’s New COO, In Charge Of PSR, Gets A Kickstart With Strong 4Q 2018 – Benzinga” on January 24, 2019. More interesting news about The Cooper Companies, Inc. (NYSE:COO) were released by: Prnewswire.com and their article: “CooperVision Costa Rica Manufacturing Plant Earns Prestigious LEED® Silver Certification – PRNewswire” published on February 04, 2019 as well as Businesswire.com‘s news article titled: “Drive Shack Inc. Announces the Departure of Chief Operating Officer Sara Yakin – Business Wire” with publication date: January 28, 2019.

Among 16 analysts covering Cooper (NYSE:COO), 11 have Buy rating, 1 Sell and 4 Hold. Therefore 69% are positive. Cooper had 72 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 4 by William Blair. The stock of The Cooper Companies, Inc. (NYSE:COO) earned “Buy” rating by JP Morgan on Wednesday, July 13. The stock of The Cooper Companies, Inc. (NYSE:COO) has “Buy” rating given on Thursday, June 1 by BMO Capital Markets. The rating was maintained by Wells Fargo on Friday, December 7 with “Outperform”. The stock has “Buy” rating by Jefferies on Friday, June 3. Robert W. Baird maintained it with “Buy” rating and $283.0 target in Friday, March 9 report. The stock of The Cooper Companies, Inc. (NYSE:COO) has “Hold” rating given on Monday, August 28 by KeyBanc Capital Markets. On Tuesday, June 5 the stock rating was maintained by Raymond James with “Outperform”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 31. As per Friday, June 2, the company rating was maintained by Stifel Nicolaus.

Analysts await The Cooper Companies, Inc. (NYSE:COO) to report earnings on March, 14. They expect $2.50 EPS, down 10.39% or $0.29 from last year’s $2.79 per share. COO’s profit will be $123.35 million for 27.52 P/E if the $2.50 EPS becomes a reality. After $2.87 actual EPS reported by The Cooper Companies, Inc. for the previous quarter, Wall Street now forecasts -12.89% negative EPS growth.

Since September 5, 2018, it had 1 buying transaction, and 6 selling transactions for $20.66 million activity. $14.80M worth of The Cooper Companies, Inc. (NYSE:COO) was sold by WEISS ROBERT S on Wednesday, September 5. Shares for $84,075 were bought by RUBENSTEIN ALLAN E. $1.93M worth of The Cooper Companies, Inc. (NYSE:COO) was sold by BENDER A THOMAS on Monday, September 24. Shares for $477,510 were sold by Golden Randal on Thursday, September 27. On Thursday, September 6 the insider Ricupati Agostino sold $411,960.

3M Company (NYSE:MMM) Institutional Positions Chart