Davidson D A & Company Lifted Its 3M Co (MMM) Holding; Nelson Van Denburg & Campbell Wealth Management Group Has Trimmed By $333,438 Its Visa (V) Holding

June 29, 2018 - By Nellie Frank

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Nelson Van Denburg & Campbell Wealth Management Group Llc decreased Visa Inc (V) stake by 15.99% reported in 2018Q1 SEC filing. Nelson Van Denburg & Campbell Wealth Management Group Llc sold 2,802 shares as Visa Inc (V)’s stock rose 5.37%. The Nelson Van Denburg & Campbell Wealth Management Group Llc holds 14,716 shares with $1.76M value, down from 17,518 last quarter. Visa Inc now has $298.74B valuation. The stock increased 0.48% or $0.64 during the last trading session, reaching $133.38. About 1.97 million shares traded. Visa Inc. (NYSE:V) has risen 38.13% since June 29, 2017 and is uptrending. It has outperformed by 25.56% the S&P500. Some Historical V News: 22/03/2018 – Visa Closes Below 50-Day Moving Average: Technicals; 23/04/2018 – DJ Visa Inc Class A, Inst Holders, 1Q 2018 (V); 28/03/2018 – Most Non-EU Lawyers Earn Too Little to Secure U.K. Work Visa; 25/04/2018 – Visa 2Q Transactions Processed 29.3B; 26/04/2018 – Former Visa AP President and UnionPay Executive David Lee Joins Red Dot Payment; 09/04/2018 – CHILE TO DEMAND TOURIST VISA FROM HAITIANS ENTERING COUNTRY; 24/03/2018 – Two more top Visa executives have exited the company – under very different circumstances:; 24/05/2018 – Visa Makes Strategic Investment in YellowPepper to Accelerate Adoption of Mobile Payments and Tokenization in Latin Amer and the Caribbean; 21/05/2018 – U.K. Visa for Roman Abramovich, Russian Billionaire, Is Delayed; 16/04/2018 – Chile’s Solidarity Visa Leaves Venezuelans Confused and Worried

Davidson D A & Company increased 3M Co (MMM) stake by 2.01% reported in 2018Q1 SEC filing. Davidson D A & Company acquired 1,440 shares as 3M Co (MMM)’s stock declined 18.48%. The Davidson D A & Company holds 72,991 shares with $16.02M value, up from 71,551 last quarter. 3M Co now has $117.91 billion valuation. The stock increased 1.35% or $2.64 during the last trading session, reaching $198.61. About 484,508 shares traded. 3M Company (NYSE:MMM) has declined 0.26% since June 29, 2017 and is downtrending. It has underperformed by 12.83% the S&P500. Some Historical MMM News: 02/04/2018 – Johnson Controls’ Power Solutions draws initial PE interest; 08/05/2018 – 3M Annual Meeting Highlights 2017 Achievements; 24/04/2018 – PAVILLON: 3M UNPAID LEAVE FOR ZHENG FENGWEN, EXEC DIRECTOR, CEO; 13/04/2018 – Canada 3M CDOR Yield at 1.93% by End-3Q vs 1.90% Prior (Survey); 05/03/2018 – BREAKING: 3M appoints Michael F. Roman as CEO,effective July 1. Current CEO Inge Thulin becomes executive chairman; 08/03/2018 – FASTPARTNER AB – LOAN RUNS WITH VARIABLE INTEREST RATE OF STIBOR 3M + 2.45 PERCENTAGE POINTS WITH MATURITY IN SEPTEMBER 2021; 23/04/2018 – China 3M Shibor Yield at 4.40% by End-2Q18 (Survey); 22/03/2018 – SAMHALLSBYGGNADSBOLAGET l NORDEN AB SBBb.ST – BONDS HAVE A FLOATING RATE CORRESPONDING TO STIBOR 3M PLUS 6.25 PERCENT AND ARE DUE IN JUNE 2018; 24/04/2018 – 3M SEES FY 2018 ADJ. EPS $10.20 TO $10.55/SHR, EST. $10.53; 24/04/2018 – 3M Trims High-End of Guidance Range — Earnings Review

Among 12 analysts covering 3M Company (NYSE:MMM), 6 have Buy rating, 3 Sell and 3 Hold. Therefore 50% are positive. 3M Company had 24 analyst reports since January 3, 2018 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $254.0 target in Thursday, January 25 report. The firm has “Hold” rating by Jefferies given on Wednesday, May 16. The stock has “Buy” rating by CFRA on Tuesday, April 24. The stock has “Underweight” rating by JP Morgan on Thursday, April 26. The firm has “Underweight” rating given on Monday, March 26 by Barclays Capital. As per Thursday, January 18, the company rating was maintained by J.P. Morgan. RBC Capital Markets maintained the shares of MMM in report on Wednesday, January 3 with “Hold” rating. Hilliard Lyons upgraded the stock to “Buy” rating in Wednesday, January 24 report. The rating was maintained by Stifel Nicolaus on Tuesday, April 3 with “Hold”. The firm has “Neutral” rating by UBS given on Thursday, April 26.

Davidson D A & Company decreased Us Bancorp Del (NYSE:USB) stake by 33,412 shares to 136,849 valued at $6.91M in 2018Q1. It also reduced Ford Mtr Co Del (NYSE:F) stake by 50,206 shares and now owns 554,098 shares. Eastman Chem Co (NYSE:EMN) was reduced too.

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “Boeing Now Best Dow-Jones Bet? Are Other Aerospace Stocks Better?” on June 29, 2018, also Fool.com with their article: “3 Top Dividend Stocks With Yields Over 2%” published on June 29, 2018, Seekingalpha.com published: “3M Company: It Didn’t Take A Crystal Ball To See That It Was Overvalued – Part 3” on May 31, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M Company: Time To Break Up This Giant?” published on June 09, 2018 as well as Nasdaq.com‘s news article titled: “Should You Bite on Eaton Corporation PLC’s Yield?” with publication date: June 28, 2018.

Since January 31, 2018, it had 0 insider purchases, and 16 selling transactions for $30.99 million activity. 8,834 shares were sold by Bauman James L, worth $2.19M on Friday, February 2. $2.00 million worth of stock was sold by Shin Hak Cheol on Thursday, February 1. Another trade for 225 shares valued at $56,178 was made by Vrohidis Ippocratis on Thursday, February 1. Shares for $1.54M were sold by Vale Michael G. on Friday, February 2. 3,133 shares were sold by Little Frank R Jr., worth $742,051. Keel Paul A had sold 13,480 shares worth $3.33M on Thursday, February 1. $1.02 million worth of 3M Company (NYSE:MMM) was sold by Roman Michael F.

Investors sentiment decreased to 0.77 in 2018 Q1. Its down 0.06, from 0.83 in 2017Q4. It worsened, as 65 investors sold MMM shares while 643 reduced holdings. 113 funds opened positions while 434 raised stakes. 377.88 million shares or 1.35% less from 383.04 million shares in 2017Q4 were reported. California-based Checchi Cap Advisers has invested 0.17% in 3M Company (NYSE:MMM). Anderson Hoagland & invested 0.9% of its portfolio in 3M Company (NYSE:MMM). National Bank Of Stockton owns 9,837 shares. Fishman Jay A Limited Mi invested 0% in 3M Company (NYSE:MMM). New York-based Mutual Of America Capital Mngmt Lc has invested 0.26% in 3M Company (NYSE:MMM). Raymond James Finance Advisors holds 0.22% of its portfolio in 3M Company (NYSE:MMM) for 176,564 shares. Viking Fund Mgmt Limited Liability holds 0.53% or 12,700 shares in its portfolio. Moreover, Pictet North America Advsrs has 0.08% invested in 3M Company (NYSE:MMM). Baystate Wealth Ltd Liability Corporation reported 1,391 shares. Schaper Benz And Wise Counsel Wi invested in 0.05% or 1,397 shares. 45,434 are owned by Heritage Investors. Rhumbline Advisers, a Massachusetts-based fund reported 1.09M shares. M Hldgs Securities Inc holds 0.36% in 3M Company (NYSE:MMM) or 5,301 shares. Zacks Management holds 0.04% or 8,931 shares in its portfolio. Capital Ok holds 5,102 shares.

Among 25 analysts covering Visa Inc (NYSE:V), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Visa Inc had 37 analyst reports since January 3, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 18 by Piper Jaffray. As per Wednesday, June 6, the company rating was maintained by Wedbush. The stock of Visa Inc. (NYSE:V) earned “Overweight” rating by PiperJaffray on Friday, February 2. The firm earned “Buy” rating on Thursday, April 26 by Buckingham Research. The company was maintained on Thursday, February 1 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, January 9 by Stephens. The firm earned “Neutral” rating on Friday, May 18 by UBS. Susquehanna maintained the shares of V in report on Monday, January 29 with “Buy” rating. The rating was maintained by Robert W. Baird on Thursday, January 18 with “Buy”. The firm earned “Buy” rating on Friday, February 2 by Mizuho.

Since February 14, 2018, it had 0 insider purchases, and 3 selling transactions for $6.34 million activity. 8,423 Visa Inc. (NYSE:V) shares with value of $1.08M were sold by HOFFMEISTER JAMES H. 1,712 shares were sold by Biggar Lynne, worth $205,440. MCINERNEY RYAN sold $5.06 million worth of stock or 38,500 shares.

More important recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Boeing Now Best Dow-Jones Bet? Are Other Aerospace Stocks Better?” on June 29, 2018, also Streetinsider.com published article titled: “Visa (V), Mastercard (MA) Near Settlement Over Card-Swipe Fees – WSJ”, 247Wallst.com published: “6 Most Important Things in Business Today” on June 29, 2018. More interesting news about Visa Inc. (NYSE:V) was released by: 247Wallst.com and their article: “Visa Takes Over as Dow’s Top-Performing Stock” with publication date: June 23, 2018.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.17, from 1.05 in 2017Q4. It is negative, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Kistler has 0% invested in Visa Inc. (NYSE:V). The Pennsylvania-based Girard Prtnrs Limited has invested 2.58% in Visa Inc. (NYSE:V). Sterling Inv Management owns 2,090 shares or 0.2% of their US portfolio. First Manhattan reported 0.05% stake. Rhumbline Advisers accumulated 3.14 million shares. Pacific Inv Management has invested 0.23% in Visa Inc. (NYSE:V). Connor Clark And Lunn Inv Mngmt Limited, a British Columbia – Canada-based fund reported 513,425 shares. Rnc Capital Management Ltd Liability Corporation holds 0.05% in Visa Inc. (NYSE:V) or 5,987 shares. Verity Asset Mgmt holds 0.21% in Visa Inc. (NYSE:V) or 1,918 shares. 1832 Asset Management Lp invested in 5.03 million shares or 2.23% of the stock. Valley Advisers invested in 68 shares or 0% of the stock. Moreover, Ivory Investment Ltd Liability Company has 0.76% invested in Visa Inc. (NYSE:V). Quantitative Systematic Strategies Ltd Liability invested 0.64% of its portfolio in Visa Inc. (NYSE:V). Huntington Bancshares holds 385,708 shares. 153,508 were accumulated by Van Eck Assocs.

Nelson Van Denburg & Campbell Wealth Management Group Llc increased Ishares S&P 500 Growth Etf (IVW) stake by 2,943 shares to 16,755 valued at $2.60M in 2018Q1. It also upped Amdocs Ltd Shs (NASDAQ:DOX) stake by 6,133 shares and now owns 8,589 shares. Ishares Core S&P Mid Cap Etf (IJH) was raised too.

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.09 EPS, up 26.74% or $0.23 from last year’s $0.86 per share. V’s profit will be $2.44 billion for 30.59 P/E if the $1.09 EPS becomes a reality. After $1.11 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -1.80% negative EPS growth.

3M Company (NYSE:MMM) Institutional Positions Chart

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