Murphy Capital Management Has Lowered Mmm (3M Company) (MMM) Position By $548,418; Maverick Capital LTD Decreased Anheuser Busch Inbev Sa/Nv (BUD) Holding By $151.97 Million

September 19, 2017 - By Henry Gaston

Maverick Capital Ltd decreased Anheuser Busch Inbev Sa/Nv (BUD) stake by 87.56% reported in 2016Q4 SEC filing. Maverick Capital Ltd sold 1.45 million shares as Anheuser Busch Inbev Sa/Nv (BUD)’s stock rose 8.45%. The Maverick Capital Ltd holds 205,550 shares with $21.67 million value, down from 1.65M last quarter. Anheuser Busch Inbev Sa/Nv now has $203.00 billion valuation. The stock declined 0.25% or $0.3 reaching $119.87 per share. About 290,161 shares traded. Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has declined 3.55% since September 19, 2016 and is downtrending. It has underperformed by 20.25% the S&P500.

Murphy Capital Management Inc decreased Mmm (3M Company) (MMM) stake by 4.88% reported in 2016Q4 SEC filing. Murphy Capital Management Inc sold 3,081 shares as Mmm (3M Company) (MMM)’s stock rose 7.02%. The Murphy Capital Management Inc holds 60,087 shares with $10.73 million value, down from 63,168 last quarter. Mmm (3M Company) now has $127.46 billion valuation. The stock declined 0.09% or $0.2 reaching $213.58 per share. About 300,596 shares traded. 3M Co (NYSE:MMM) has risen 18.59% since September 19, 2016 and is uptrending. It has outperformed by 1.89% the S&P500.

Murphy Capital Management Inc increased Ishares Tr Dj Us Finl Sec (IYF) stake by 4,800 shares to 17,810 valued at $1.81M in 2016Q4. It also upped Select Sector Spdr Tr Sbi Cons (XLY) stake by 6,689 shares and now owns 34,673 shares. Spdr Industrial Sector (XLI) was raised too.

Among 12 analysts covering 3M (NYSE:MMM), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. 3M had 52 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of 3M Co (NYSE:MMM) earned “Market Perform” rating by Bernstein on Wednesday, March 30. The stock has “Buy” rating by Credit Suisse on Friday, April 28. The stock of 3M Co (NYSE:MMM) earned “Equal-Weight” rating by Barclays Capital on Monday, October 5. The firm has “Sell” rating by Goldman Sachs given on Monday, November 21. As per Wednesday, July 19, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by UBS given on Wednesday, December 16. The company was maintained on Friday, April 28 by Barclays Capital. The firm has “Underweight” rating given on Wednesday, July 26 by Morgan Stanley. The stock of 3M Co (NYSE:MMM) has “Underperform” rating given on Friday, July 24 by RBC Capital Markets. The company was upgraded on Friday, September 25 by Credit Suisse.

Analysts await 3M Co (NYSE:MMM) to report earnings on October, 24 before the open. They expect $2.18 earnings per share, up 1.40% or $0.03 from last year’s $2.15 per share. MMM’s profit will be $1.30 billion for 24.49 P/E if the $2.18 EPS becomes a reality. After $2.58 actual earnings per share reported by 3M Co for the previous quarter, Wall Street now forecasts -15.50% negative EPS growth.

Investors sentiment increased to 0.91 in 2016 Q4. Its up 0.10, from 0.81 in 2016Q3. It increased, as 67 investors sold MMM shares while 592 reduced holdings. 100 funds opened positions while 464 raised stakes. 383.70 million shares or 2.52% more from 374.26 million shares in 2016Q3 were reported. Hightower Advsrs Ltd Limited Liability Company accumulated 0.42% or 215,541 shares. Moreover, Ontario Teachers Pension Plan Board has 0.08% invested in 3M Co (NYSE:MMM) for 44,988 shares. Nelson Van Denburg Campbell Wealth Mgmt Gru Llc owns 7,759 shares. 2,084 were reported by Focused Wealth Management Inc. Hourglass Capital invested in 0.05% or 1,200 shares. Alethea Capital Ltd Limited Liability Company holds 1.24% or 5,500 shares in its portfolio. Alphamark Advsrs Limited Company invested in 109 shares or 0.01% of the stock. Fred Alger Management owns 3,359 shares. Martingale Asset Mgmt Limited Partnership, a Massachusetts-based fund reported 231,808 shares. 22,785 were reported by Stock Yards Bancshares & Tru. Quantitative Limited Liability has invested 0.29% in 3M Co (NYSE:MMM). Capstone Asset Mngmt has 149,476 shares. Windsor Capital Management owns 4,396 shares. Ledyard State Bank reported 25,875 shares stake. 3,906 were accumulated by Cue Financial Gru.

Since May 3, 2017, it had 0 insider buys, and 4 selling transactions for $6.59 million activity. 14,616 shares were sold by Bauman James L, worth $2.86M on Thursday, May 11. Lindekugel Jon T sold $256,388 worth of stock. 3,016 shares were sold by Price Kimberly F, worth $597,500. McGrath Marlene Mary also sold $2.88 million worth of 3M Co (NYSE:MMM) on Thursday, May 18.

Among 22 analysts covering Anheuser-Busch InBev (NYSE:BUD), 14 have Buy rating, 1 Sell and 7 Hold. Therefore 64% are positive. Anheuser-Busch InBev had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by ING Group given on Wednesday, August 26. RBC Capital Markets downgraded the shares of BUD in report on Monday, September 21 to “Sector Perform” rating. The firm has “Neutral” rating by JP Morgan given on Tuesday, October 11. RBC Capital Markets maintained Anheuser Busch Inbev NV (ADR) (NYSE:BUD) rating on Tuesday, September 8. RBC Capital Markets has “Outperform” rating and $107.0 target. The firm earned “Underperform” rating on Wednesday, July 6 by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Tuesday, September 13. The firm earned “Outperform” rating on Monday, November 2 by Credit Agricole. The rating was maintained by Jefferies with “Buy” on Friday, July 28. CLSA upgraded the stock to “Outperform” rating in Monday, November 2 report. On Monday, August 22 the stock rating was upgraded by Kepler Cheuvreux to “Buy”.

Analysts await Anheuser Busch Inbev NV (ADR) (NYSE:BUD) to report earnings on October, 26 before the open. They expect $1.19 earnings per share, up 43.37% or $0.36 from last year’s $0.83 per share. BUD’s profit will be $2.02 billion for 25.18 P/E if the $1.19 EPS becomes a reality. After $0.95 actual earnings per share reported by Anheuser Busch Inbev NV (ADR) for the previous quarter, Wall Street now forecasts 25.26% EPS growth.

Maverick Capital Ltd increased Adobe Sys Inc (NASDAQ:ADBE) stake by 2.69M shares to 3.79M valued at $390.19 million in 2016Q4. It also upped Lululemon Athletica Inc (NASDAQ:LULU) stake by 14,720 shares and now owns 55,710 shares. Dollar Tree Inc (NASDAQ:DLTR) was raised too.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.33, from 1.3 in 2016Q3. It dived, as 66 investors sold BUD shares while 144 reduced holdings. 61 funds opened positions while 150 raised stakes. 78.58 million shares or 13.08% less from 90.41 million shares in 2016Q3 were reported. Douglass Winthrop Advsrs Llc holds 1.69% or 236,919 shares in its portfolio. First Republic Mgmt owns 0.13% invested in Anheuser Busch Inbev NV (ADR) (NYSE:BUD) for 146,963 shares. Winfield Assocs Inc has invested 0.08% of its portfolio in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). The Michigan-based Norris Perne And French Llp Mi has invested 0.72% in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Oakworth Capital Inc accumulated 1,430 shares. 301 are owned by North Star Mngmt. Northwestern Mutual Wealth Company accumulated 79,156 shares or 0.09% of the stock. Moreover, Northern Corp has 0.04% invested in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Blackrock Institutional Tru Co Na accumulated 0% or 43,390 shares. Parametric Port Assocs Ltd Limited Liability Company invested in 482,835 shares. Academy Tx reported 79,671 shares. Windward Cap Mngmt Com Ca reported 12,210 shares or 0.25% of all its holdings. Bremer Trust Natl Association owns 2,880 shares or 0.08% of their US portfolio. Associated Banc has invested 0.65% in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Ashfield Capital Prtn Lc stated it has 1.05% of its portfolio in Anheuser Busch Inbev NV (ADR) (NYSE:BUD).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com