3M Company (MMM) Market Valuation Declined While Paragon Capital Management Raised Position; Pittenger & Anderson Lowered Amazon Com (AMZN) Stake as Stock Value Declined

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Pittenger & Anderson Inc decreased its stake in Amazon Com Inc (AMZN) by 2.34% based on its latest 2018Q3 regulatory filing with the SEC. Pittenger & Anderson Inc sold 218 shares as the company’s stock declined 15.37% with the market. The institutional investor held 9,110 shares of the consumer services company at the end of 2018Q3, valued at $18.25 million, down from 9,328 at the end of the previous reported quarter. Pittenger & Anderson Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $804.60B market cap company. The stock increased 2.95% or $47.01 during the last trading session, reaching $1638.01. About 4.79M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 41.49% since February 12, 2018 and is uptrending. It has outperformed by 41.49% the S&P500. Some Historical AMZN News: 13/03/2018 – Amazon Lifts Nasdaq To Another Record, Set For Eighth Straight Positive Session — MarketWatch; 18/04/2018 – Amazon CEO Jeff Bezos has released his latest annual shareholder letter; 07/03/2018 – Amazon, Walmart and Target are squeezing traditional grocery chains on price:; 02/04/2018 – “The internet kind of skips a beat,” Ohanian says, due to the reliance of many of the websites users “know and love” on Amazon’s infrastructure; 14/05/2018 – Amazon’s expanding growth profit gives the company more room to invest in its business and explore new areas; 10/05/2018 – Amazon Has Rare Chance in HQ2 to Hire More Women and Minorities; 26/04/2018 – Globalstar’s FiberLight deal presented longer-term solution than activist proposal; 20/03/2018 – Alibaba said it would inject $2 billion into its subsidiary Lazada Group, the Singapore-based online retailer, just a week after; 19/04/2018 – Amazon doesn’t need to acquire Best Buy – because Best Buy keeps cozying up anyway:; 09/05/2018 – Walmart has confirmed it is buying a majority stake in India’s Flipkart for $16 billion A new chapter begins in its rivalry with Amazon

Paragon Capital Management Llc increased its stake in 3M Company (MMM) by 18.6% based on its latest 2018Q3 regulatory filing with the SEC. Paragon Capital Management Llc bought 400 shares as the company’s stock declined 6.86% with the market. The institutional investor held 2,551 shares of the medical and dental instruments company at the end of 2018Q3, valued at $538.00 million, up from 2,151 at the end of the previous reported quarter. Paragon Capital Management Llc who had been investing in 3M Company for a number of months, seems to be bullish on the $119.10B market cap company. The stock increased 2.82% or $5.66 during the last trading session, reaching $206.57. About 2.61M shares traded or 7.25% up from the average. 3M Company (NYSE:MMM) has declined 17.47% since February 12, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 05/03/2018 – LAUNCH: TORONTO-DOMINION OFFERS 1YR KANGAROO FRN AT 3M +35 AREA; 21/05/2018 – 3M INCOMING CEO ROMAN SPEAKS AT ELECTRICAL PRODUCTS GROUP CONF; 23/04/2018 – Orthodontic Supplies Market to Hit 8.9% CAGR to 2023, Led by Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US); 05/03/2018 – 3M: Roman Succeeds Thulin as CEO Effective July 1; 16/05/2018 – WYNN DIRECTOR: SPECIAL COMMITTEE REVIEWED 3M DOCUMENTS; 30/05/2018 – 3M INDIA LTD TMIN.NS – MARCH QTR NET PROFIT 930.5 MLN RUPEES VS PROFIT 903.9 MLN RUPEES YR AGO; 09/03/2018 – UK ECONOMY ESTIMATED TO HAVE GROWN BY 0.3 PCT 3M/3M IN FEB – NIESR; 04/04/2018 – 3M: Marlene McGrath to Retire July 1; 30/05/2018 – 3M INDIA 4Q REVENUE 6.79B RUPEES VERSUS 6.48B RUPEES; 21/03/2018 – China 3M Shibor Yield at 4.73% by End-1Q18 (Survey)

Since August 15, 2018, it had 0 insider purchases, and 16 insider sales for $75.62 million activity. 1,929 shares were sold by Zapolsky David, worth $3.02 million. $3.28M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Jassy Andrew R. Blackburn Jeffrey M had sold 2,055 shares worth $3.22M on Thursday, November 15. BEZOS JEFFREY P sold $27.69M worth of stock. 437 shares were sold by Reynolds Shelley, worth $687,447 on Thursday, November 15. Another trade for 2,028 shares valued at $3.87M was sold by Olsavsky Brian T.

Among 57 analysts covering Amazon.com (NASDAQ:AMZN), 54 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 334 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, July 25 by Canaccord Genuity. The rating was maintained by Suntrust Robinson on Friday, July 29 with “Neutral”. Citigroup maintained the stock with “Buy” rating in Monday, November 28 report. The stock has “Buy” rating by Piper Jaffray on Friday, September 4. Raymond James upgraded Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 27 to “Outperform” rating. SunTrust maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, October 5. SunTrust has “Neutral” rating and $850 target. The firm has “Buy” rating by UBS given on Friday, February 3. Mizuho maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 2 with “Buy” rating. As per Tuesday, December 1, the company rating was maintained by Barclays Capital. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Raymond James on Tuesday, March 22.

Investors sentiment decreased to 1.18 in 2018 Q3. Its down 0.16, from 1.34 in 2018Q2. It dropped, as 55 investors sold AMZN shares while 636 reduced holdings. 157 funds opened positions while 655 raised stakes. 260.67 million shares or 2.89% less from 268.42 million shares in 2018Q2 were reported. Natixis LP invested in 121,776 shares. Zwj Counsel owns 365 shares. Pinnacle Finance Prtn owns 10,538 shares. Apriem accumulated 3,217 shares or 1.41% of the stock. Alexandria Ltd Company owns 266 shares. Ballentine Prns Ltd Limited Liability Company has invested 0.28% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). State Teachers Retirement Sys has 657,887 shares for 3.09% of their portfolio. Jane Street Grp Incorporated Llc has invested 1.69% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Whittier Tru reported 2.19% stake. Newbrook Capital Advsr Limited Partnership has invested 5.18% in Amazon.com, Inc. (NASDAQ:AMZN). Central Secs Corporation reported 13,000 shares stake. Piedmont Invest Advsrs reported 52,269 shares. Ami Inv Mgmt owns 235 shares. First Allied Advisory Svcs holds 3,824 shares. Guggenheim Capital Ltd Liability Co holds 1.83% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 140,101 shares.

Pittenger & Anderson Inc, which manages about $1.04 billion and $1.27B US Long portfolio, upped its stake in Walgreens Boots Alliance Inc by 12,365 shares to 27,280 shares, valued at $1.99M in 2018Q3, according to the filing. It also increased its holding in Netflix Inc (NASDAQ:NFLX) by 1,790 shares in the quarter, for a total of 18,170 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon heads to Coachella – Amazon.com, Inc. (NASDAQ:AMZN) – Seeking Alpha” on February 12, 2019, also Benzinga.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN) – Amazon Q4 Earnings Preview – Benzinga” published on January 31, 2019, Nasdaq.com published: “Amazon (AMZN) Q4 Earnings Preview: Revenue, AWS, Advertising & Prime – Nasdaq” on January 17, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon: Momentum Is A 2-Way Street – Seeking Alpha” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Amazon Is Just Getting Started – Seeking Alpha” with publication date: January 22, 2019.

Investors sentiment increased to 1.03 in 2018 Q3. Its up 0.06, from 0.97 in 2018Q2. It increased, 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. Kansas-based Financial Advisory Service has invested 0.09% in 3M Company (NYSE:MMM). Wade G W & Incorporated has 1.52% invested in 3M Company (NYSE:MMM). Buckhead Capital Management Limited Liability Corp holds 1.97% or 30,429 shares. Family Tru owns 1.42% invested in 3M Company (NYSE:MMM) for 16,090 shares. Macguire Cheswick & Tuttle Invest Counsel Limited Liability reported 0.11% of its portfolio in 3M Company (NYSE:MMM). Schnieders Mgmt Ltd Liability Corporation invested 1.28% of its portfolio in 3M Company (NYSE:MMM). Wedge Capital Mngmt L Lp Nc holds 0.17% in 3M Company (NYSE:MMM) or 82,312 shares. Hedeker Wealth Llc invested in 2.52% or 17,057 shares. Dodge & Cox reported 17,321 shares. Ally Fincl Incorporated owns 18,000 shares or 0.75% of their US portfolio. Gemmer Asset Limited Co holds 0.03% or 473 shares in its portfolio. Marble Harbor Invest Counsel Llc holds 50,999 shares or 1.91% of its portfolio. Webster Bancorp N A owns 0.7% invested in 3M Company (NYSE:MMM) for 23,749 shares. Northeast Investment Mngmt owns 136,985 shares. Checchi Advisers Lc invested in 6,367 shares or 0.15% of the stock.

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 rating was maintained by Stifel Nicolaus on Wednesday, April 25 with “Hold”. Bank of America maintained 3M Company (NYSE:MMM) on Tuesday, June 6 with “Buy” rating. As per Monday, November 21, the company rating was downgraded by Goldman Sachs. The stock of 3M Company (NYSE:MMM) earned “Underperform” rating by RBC Capital Markets on Wednesday, October 26. As per Wednesday, April 25, the company rating was maintained by Argus Research. The rating was maintained by Stifel Nicolaus on Wednesday, December 14 with “Hold”. Credit Suisse maintained 3M Company (NYSE:MMM) on Friday, April 28 with “Buy” rating. The stock of 3M Company (NYSE:MMM) earned “Underweight” rating by Morgan Stanley on Wednesday, July 26. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, April 25. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, March 30.

Since September 10, 2018, it had 1 buy, and 10 insider sales for $14.32 million activity. $624,295 worth of 3M Company (NYSE:MMM) was sold by Bushman Julie L. Vrohidis Ippocratis sold $1.63 million worth of stock or 8,153 shares. $1.87M worth of 3M Company (NYSE:MMM) shares were sold by Keel Paul A. On Thursday, February 7 Vale Michael G. sold $1.77 million worth of 3M Company (NYSE:MMM) or 8,906 shares. Lindekugel Jon T also sold $1.19M worth of 3M Company (NYSE:MMM) on Thursday, February 7. The insider PAGE GREGORY R bought $184,500.

3M Company (NYSE:MMM) Institutional Positions Chart