As Kellogg Co (K) Shares Declined, Kellogg W K Foundation Trust Has Decreased Stake; 3M Company (MMM) Holder Somerset Group Decreased Stake by $346,710 as Share Value Declined

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Somerset Group Llc decreased its stake in 3M Company (MMM) by 2.29% based on its latest 2018Q3 regulatory filing with the SEC. Somerset Group Llc sold 1,651 shares as the company’s stock declined 6.86% with the market. The institutional investor held 70,448 shares of the medical and dental instruments company at the end of 2018Q3, valued at $14.84M, down from 72,099 at the end of the previous reported quarter. Somerset Group Llc who had been investing in 3M Company for a number of months, seems to be less bullish one the $120.84 billion market cap company. The stock increased 1.46% or $3.02 during the last trading session, reaching $209.59. About 1.60 million shares traded. 3M Company (NYSE:MMM) has declined 17.47% since February 13, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 05/03/2018 – 3M NAMES MICHAEL ROMAN CEO REPORTS NEW LEADERSHIP APPOINTMENTS; 24/05/2018 – Malaysia 3M Interbank Yield at 3.70% by End-2Q18 (Survey); 30/05/2018 – 3M INDIA 4Q NET INCOME 930.5M RUPEES VERSUS 903.9M RUPEES; 24/04/2018 – 3M CO MMM.N FY2018 SHR VIEW $10.53 — THOMSON REUTERS l/B/E/S; 05/03/2018 NIGERIA HAS POTENTIAL TO PUMP 3M B/D: KACHIKWU; 09/05/2018 – LifeSignals Launches Life Signal(TM) Processor Product Family, Developed with Support of 3M and STMicroelectronics; 16/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Settled | 05/16/2018; 04/04/2018 – 3M Names Kristen Ludgate Senior VP, Human Re; 05/03/2018 – LAUNCH: TORONTO-DOMINION OFFERS 1YR KANGAROO FRN AT 3M +35 AREA; 09/03/2018 – FDA: 3M Company – Health Care Business- FUTURO (TM) SPORT, QUICK STRAP ANKLE SUPPORT, REF 47736GEN, UPC 0 51131 19692 6

Kellogg W K Foundation Trust decreased its stake in Kellogg Co (K) by 0.78% based on its latest 2018Q3 regulatory filing with the SEC. Kellogg W K Foundation Trust sold 515,000 shares as the company’s stock declined 18.54% with the market. The institutional investor held 65.72 million shares of the packaged foods company at the end of 2018Q3, valued at $4.60B, down from 66.23M at the end of the previous reported quarter. Kellogg W K Foundation Trust who had been investing in Kellogg Co for a number of months, seems to be less bullish one the $19.50B market cap company. The stock increased 0.28% or $0.16 during the last trading session, reaching $56.69. About 2.14M shares traded. Kellogg Company (NYSE:K) has declined 10.36% since February 13, 2018 and is downtrending. It has underperformed by 10.36% the S&P500. Some Historical K News: 25/05/2018 – Kellogg Closes Above 200-Day Moving Average: Technicals; 15/05/2018 – Chosun Ilbo: Kellogg Pulls out of Crisis-Hit Venezuela; 15/05/2018 – KELLOGG DISCONTINUING OPS IN VENEZUELA EFFECTIVE IMMEDIATELY; 30/05/2018 – Kellogg Company celebrates accelerated progress against its Breakfasts for Better Days goals in its 10th annual Corporate Responsibility Report; 03/05/2018 – KELLOGG 1Q COMPARABLE EPS $1.19, EST. $1.08; 03/05/2018 – KELLOGG CO – QTRLY REPORTED DILUTED EARNINGS PER SHARE $ 1.27; 07/05/2018 – Moody’s Assigns Baa2 Ratings To Kellogg Usd$1 Billion Notes Offering; 03/05/2018 – Kellogg Keeps Rebound Alive as Special K Maker Thrives Overseas; 03/05/2018 – KELLOGG CO – REAFFIRMS FULL-YEAR EARNINGS GUIDANCE, AND UPDATES GUIDANCE FOR INCREASED WEST AFRICA INVESTMENTS; 16/05/2018 – Venezuela reactivates Kellogg plant after company pullout

Since September 13, 2018, it had 2 insider purchases, and 8 insider sales for $68.83 million activity. Shares for $1.10 million were bought by CAHILLANE STEVEN A. The insider Khan Fareed A bought 8,190 shares worth $508,954.

Investors sentiment increased to 1.01 in 2018 Q3. Its up 0.14, from 0.87 in 2018Q2. It increased, as 39 investors sold K shares while 204 reduced holdings. 78 funds opened positions while 168 raised stakes. 293.93 million shares or 2.96% less from 302.89 million shares in 2018Q2 were reported. Bnp Paribas Arbitrage reported 0% stake. Sageworth Communications invested in 0.01% or 900 shares. Corda Inv Mngmt Limited Liability Company reported 2.8% in Kellogg Company (NYSE:K). Moreover, Financial Svcs Corporation has 0.08% invested in Kellogg Company (NYSE:K). Petrus Communication Lta accumulated 54,791 shares. Bennicas & Associates Inc holds 1.42% in Kellogg Company (NYSE:K) or 23,450 shares. Culbertson A N Commerce Inc holds 30,314 shares or 0.58% of its portfolio. Hanson And Doremus Investment Mgmt, a Vermont-based fund reported 131 shares. Moreover, Freestone Cap Holdings Limited Company has 0.03% invested in Kellogg Company (NYSE:K). Canada Pension Plan Invest Board holds 0.01% or 38,815 shares in its portfolio. Cwm Ltd holds 306,481 shares or 0.55% of its portfolio. Shelton Cap invested in 0.92% or 229,816 shares. Moreover, First Manhattan has 0.04% invested in Kellogg Company (NYSE:K). Lazard Asset Management Limited Company owns 139,831 shares. Willis Inv Counsel owns 142,400 shares or 0.69% of their US portfolio.

Analysts await Kellogg Company (NYSE:K) to report earnings on February, 14. They expect $0.88 EPS, down 8.33% or $0.08 from last year’s $0.96 per share. K’s profit will be $302.71M for 16.11 P/E if the $0.88 EPS becomes a reality. After $1.06 actual EPS reported by Kellogg Company for the previous quarter, Wall Street now forecasts -16.98% negative EPS growth.

More notable recent Kellogg Company (NYSE:K) news were published by: Seekingalpha.com which released: “Kellogg Company (K) CEO Steve Cahillane on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 07, 2019, also Fool.com with their article: “Why Kellogg Company Stock Was Slipping Today – Motley Fool” published on February 07, 2019, Benzinga.com published: “14 Stocks To Watch For February 7, 2019 – Benzinga” on February 07, 2019. More interesting news about Kellogg Company (NYSE:K) were released by: Businesswire.com and their article: “Intercontinental Exchange and the NYSE Launch ‘Insights’ – Business Wire” published on February 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “Puts Pop on Kellogg Stock After Bear Notes – Yahoo Finance” with publication date: February 08, 2019.

Among 28 analysts covering Kellogg Company (NYSE:K), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Kellogg Company had 97 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Outperform” rating by CLSA on Friday, January 8. Citigroup maintained it with “Buy” rating and $100 target in Friday, August 5 report. The firm earned “Sector Perform” rating on Friday, February 12 by RBC Capital Markets. The firm earned “Overweight” rating on Friday, August 4 by JP Morgan. The firm earned “Buy” rating on Wednesday, August 5 by Citigroup. The rating was maintained by Morgan Stanley on Friday, May 4 with “Equal-Weight”. The firm earned “Hold” rating on Tuesday, October 31 by Piper Jaffray. The stock has “Buy” rating by Piper Jaffray on Wednesday, February 28. As per Monday, June 19, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Pivotal Research to “Hold” on Friday, February 8.

Kellogg W K Foundation Trust, which manages about $4.67B US Long portfolio, upped its stake in Select Sector Spdr Tr (XLE) by 199,711 shares to 968,966 shares, valued at $73.39 million in 2018Q3, according to the filing.

Since September 10, 2018, it had 1 buying transaction, and 10 selling transactions for $14.32 million activity. PAGE GREGORY R also bought $184,500 worth of 3M Company (NYSE:MMM) shares. $1.19M worth of 3M Company (NYSE:MMM) shares were sold by Lindekugel Jon T. Gangestad Nicholas C also sold $942,450 worth of 3M Company (NYSE:MMM) shares. Vale Michael G. sold $1.77 million worth of 3M Company (NYSE:MMM) on Thursday, February 7. Bushman Julie L also sold $841,392 worth of 3M Company (NYSE:MMM) shares. $274,752 worth of 3M Company (NYSE:MMM) shares were sold by Hammes Eric D..

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: “Reputation Alone Won’t Do It For 3M – Seeking Alpha” published on January 31, 2019, Seekingalpha.com published: “3M Company: 2019 To Be A Likely Dissappointment – Seeking Alpha” on January 20, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M +2.2% after Q4 beat, trimming guidance – Seeking Alpha” published on January 29, 2019 as well as Streetinsider.com‘s news article titled: “3M Co. (MMM) to nominate CEO Mike Roman to serve as chairman; Inge Thulin to retire – StreetInsider.com” with publication date: February 06, 2019.

3M Company (NYSE:MMM) Institutional Positions Chart