Cisco Systems (CSCO) Position Boosted by Oakwood Capital Management Llc; 3M Co (MMM) Holder Private Asset Management Cut Holding as Stock Price Declined

3M Company (NYSE:MMM) Logo

Oakwood Capital Management Llc increased its stake in Cisco Systems Inc (CSCO) by 7.11% based on its latest 2018Q3 regulatory filing with the SEC. Oakwood Capital Management Llc bought 11,043 shares as the company’s stock declined 0.45% with the market. The institutional investor held 166,375 shares of the technology company at the end of 2018Q3, valued at $8.09M, up from 155,332 at the end of the previous reported quarter. Oakwood Capital Management Llc who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $213.56B market cap company. The stock decreased 0.81% or $0.39 during the last trading session, reaching $47.5. About 14,817 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.29% since February 14, 2018 and is uptrending. It has outperformed by 25.29% the S&P500. Some Historical CSCO News: 16/05/2018 – Cisco Systems 3Q Net $2.69B; 08/05/2018 – Tech Today: Arista Storms Cisco’s Turf, Impinj Soars, Snap’s New Blood — Barron’s Blog; 29/05/2018 – Cloudian to Present Media Archive Case Study at Cisco Future of Media Summit 2018; 16/05/2018 – Cisco Systems Sees 4Q Adj EPS 68c-Adj EPS 70c; 18/04/2018 – Global Network Access Control (NAC) Market (2018-2022) Projected to Grow at a CAGR of 27.23% – Key Vendors are Cisco, ForeScout Technologies, and HPE – ResearchAndMarkets.com; 18/04/2018 – Virtual Instruments Extends Cisco Integration to AppDynamics; 07/03/2018 – Cisco’s Bee Kheng Tay Discusses Companies Growth Prospects (Video); 29/03/2018 – MFS Massachusetts Investors Trust Adds Cisco, Cuts Alphabet; 23/05/2018 – 3-D Technology Announces Cisco Premier Partner Certification; 20/03/2018 – Checkmarx Names Bernd Leger Chief Marketing Officer

Private Asset Management Inc decreased its stake in 3M Co (MMM) by 44.73% based on its latest 2018Q3 regulatory filing with the SEC. Private Asset Management Inc sold 2,522 shares as the company’s stock declined 6.86% with the market. The institutional investor held 3,116 shares of the medical and dental instruments company at the end of 2018Q3, valued at $657,000, down from 5,638 at the end of the previous reported quarter. Private Asset Management Inc who had been investing in 3M Co for a number of months, seems to be less bullish one the $120.76B market cap company. The stock increased 1.52% or $3.15 during the last trading session, reaching $209.72. About 2.97M shares traded or 21.49% up from the average. 3M Company (NYSE:MMM) has declined 17.47% since February 14, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 08/05/2018 – 3M CO – SHAREHOLDERS DID NOT APPROVE SHAREHOLDER PROPOSAL FOR SETTING TARGET AMOUNTS FOR CEO COMPENSATION; 24/04/2018 – 3M said Tuesday it expects earnings per share for the year to range between $10.20 and $10.55, down from a range between $10.20 and $10.70; 30/05/2018 – HOULIHAN LOKEY REPORTS 3M-SHARE SECONDARY BY SELLING HOLDERS; 19/04/2018 – TRYG TRYG.CO – NOTES WILL BE ISSUED ON 26 APRIL 2018 WITH A VARIABLE INTEREST RATE OF 3M STIBOR + 2.50% PER ANNUM; 07/03/2018 – APPLE SAYS IT TRAINED 3M SUPPLIER WORKERS ON RIGHTS IN 2017; 30/05/2018 – Mediagazer: Sources: London Evening Standard strikes a £3M deal with six companies including Uber and Google that erases; 16/03/2018 – Canada 3M Bill Yield at 1.45% by End-2Q (Survey); 21/05/2018 – 3M NAMES GAYLE SCHUELLER CHIEF SUSTAINABILITY OFFICER; 09/03/2018 – UK ECONOMY ESTIMATED TO HAVE GROWN BY 0.3 PCT 3M/3M IN FEB – NIESR; 05/03/2018 – 3M: Roman Has Served as Oper Chief, Executive Vice Pres Since July

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 27 have Buy rating, 0 Sell and 12 Hold. Therefore 69% are positive. Cisco Systems Inc. had 184 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, June 29 by Drexel Hamilton. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Cowen & Co on Tuesday, September 5. As per Thursday, February 11, the company rating was upgraded by Jefferies. The stock has “Buy” rating by Drexel Hamilton on Friday, October 9. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 16. The company was downgraded on Tuesday, August 4 by Macquarie Research. Goldman Sachs maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 13 with “Buy” rating. KeyBanc Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, August 18. KeyBanc Capital Markets has “Overweight” rating and $33 target. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, June 28. RBC Capital Markets maintained it with “Buy” rating and $44.0 target in Sunday, February 11 report.

Investors sentiment increased to 0.85 in Q3 2018. Its up 0.01, from 0.84 in 2018Q2. It improved, as 53 investors sold CSCO shares while 728 reduced holdings. 139 funds opened positions while 525 raised stakes. 3.15 billion shares or 3.12% less from 3.26 billion shares in 2018Q2 were reported. Wellington Shields Lc accumulated 39,004 shares. Wright Serv owns 99,980 shares or 1.78% of their US portfolio. Brinker accumulated 329,455 shares. Trillium Asset Mngmt Lc accumulated 390,078 shares or 0.95% of the stock. Auxier Asset Management has 42,216 shares. Colony Gp Limited Liability Corp has 1.17% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 479,927 shares. Orleans Cap Management Corp La stated it has 26,365 shares. 2.24M are owned by Hamlin Cap Mgmt Ltd Company. First Personal Services invested in 1.62% or 105,693 shares. Blb&B Limited Liability has invested 1.41% in Cisco Systems, Inc. (NASDAQ:CSCO). Bluefin Trading Lc, a New York-based fund reported 51,644 shares. F&V Cap Management Limited Liability Company has 188,280 shares. Tiedemann Advsr Llc reported 98,706 shares stake. Mitchell Mcleod Pugh And Williams Inc holds 1.16% or 35,542 shares in its portfolio. Granite Inv Prtn Limited Liability Co has 79,323 shares for 0.22% of their portfolio.

Since September 11, 2018, it had 0 buys, and 10 insider sales for $27.62 million activity. BHATT PRAT also sold $1.52M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Friday, November 23. 63,050 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $3.00M were sold by Goeckeler David. The insider CHANDLER MARK D sold $196,324. $10.28M worth of stock was sold by Robbins Charles on Monday, September 17. $3.32M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Kramer Kelly A. on Thursday, November 29. BURNS M MICHELE sold $209,025 worth of stock.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Technology Sector Update for 02/13/2019: DBD, QLYS, UIS, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” on February 13, 2019, also Seekingalpha.com with their article: “Cisco: An Up And Coming Dividend Aristocrat – Seeking Alpha” published on February 12, 2019, Seekingalpha.com published: “Cisco: What’s The Next Dividend Going To Be Like? – Seeking Alpha” on January 21, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “After-Hours Earnings Report for February 13, 2019 : CSCO, AIG, WMB, EQIX, MFC, PXD, WCN, SLF, NTAP, CTL, IFF, MGM – Nasdaq” published on February 13, 2019 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: Cisco Systems, Inc., 66.7% Follow-Through Indicator, 4.3% Sensitive – Nasdaq” with publication date: February 13, 2019.

Private Asset Management Inc, which manages about $635.26 million US Long portfolio, upped its stake in Berkshire Hathaway Inc B (BRKB) by 5,209 shares to 32,624 shares, valued at $6.99 million in 2018Q3, according to the filing. It also increased its holding in Welltower Inc Com by 7,815 shares in the quarter, for a total of 54,795 shares, and has risen its stake in At&T Inc (NYSE:T).

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “Reputation Alone Won’t Do It For 3M – Seeking Alpha” on January 31, 2019, also Streetinsider.com with their article: “3M Co. (MMM) Tops Q4 EPS by 3c, Revenues Beat; Lowers FY19 EPS Guidance – StreetInsider.com” published on January 29, 2019, Seekingalpha.com published: “3M +2.2% after Q4 beat, trimming guidance – Seeking Alpha” on January 29, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M Q4 2018 Earnings Preview – Seeking Alpha” published on January 28, 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.

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. Azimuth Capital Mgmt Ltd Liability Co invested in 50,270 shares. Pineno Levin Ford Asset Inc stated it has 1,363 shares or 0.12% of all its holdings. Wealth Architects Llc has 13,018 shares for 0.85% of their portfolio. Pnc Services Group reported 0.58% stake. Howard Cap Mngmt holds 0.18% or 6,495 shares. Marshwinds Advisory Com owns 19,744 shares. Gould Asset Mgmt Limited Liability Co Ca has invested 1.81% in 3M Company (NYSE:MMM). Moneta Gp Invest Advsrs Ltd stated it has 0.03% in 3M Company (NYSE:MMM). Sprucegrove Investment Mngmt Ltd holds 44,850 shares. Peoples Financial has 1.75% invested in 3M Company (NYSE:MMM). Schafer Cullen Cap Mngmt invested in 1.31% or 478,344 shares. Private Wealth Partners Ltd Company accumulated 12,871 shares. Perkins Coie Tru Co has invested 2.94% in 3M Company (NYSE:MMM). Hyman Charles D has invested 1.96% in 3M Company (NYSE:MMM). West Coast Limited Liability Corporation accumulated 19,149 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 rating was upgraded by Deutsche Bank on Tuesday, February 13 to “Buy”. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by RBC Capital Markets on Thursday, January 25. UBS maintained the shares of MMM in report on Friday, July 24 with “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, April 25. The stock of 3M Company (NYSE:MMM) earned “Outperform” rating by Credit Suisse on Tuesday, March 15. The firm earned “Hold” rating on Wednesday, October 11 by RBC Capital Markets. The company was maintained on Tuesday, July 25 by RBC Capital Markets. As per Thursday, January 3, the company rating was maintained by Barclays Capital. On Wednesday, July 26 the stock rating was maintained by Morgan Stanley with “Underweight”. As per Monday, March 26, the company rating was maintained by Barclays Capital.

Since September 10, 2018, it had 1 buy, and 11 sales for $17.53 million activity. $184,500 worth of 3M Company (NYSE:MMM) shares were bought by PAGE GREGORY R. 13,290 shares were sold by THULIN INGE G, worth $2.66M. Shares for $3.22M were sold by Bauman James L. Gangestad Nicholas C sold 4,681 shares worth $942,450. 3,123 shares valued at $624,295 were sold by Bushman Julie L on Thursday, February 7. Vrohidis Ippocratis had sold 8,153 shares worth $1.63 million on Thursday, February 7.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart