Whitebox Advisors Has Increased Its Constellium Nv (CSTM) Holding; 3M Co (MMM) Had 7 Bullish Analysts

November 15, 2017 - By Dolores Ford

Whitebox Advisors Llc increased Constellium Nv (CSTM) stake by 151.65% reported in 2017Q2 SEC filing. Whitebox Advisors Llc acquired 104,586 shares as Constellium Nv (CSTM)’s stock declined 23.17%. The Whitebox Advisors Llc holds 173,552 shares with $1.20 million value, up from 68,966 last quarter. Constellium Nv now has $1.23 billion valuation. The stock declined 2.88% or $0.28 reaching $9.27 on the news. About 278,459 shares traded. Constellium NV (NYSE:CSTM) has risen 20.46% since November 15, 2016 and is uptrending. It has outperformed by 3.76% the S&P500.

Among 14 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 2 Sell and 5 Hold. Therefore 50% are positive. 3M had 65 analyst reports since July 24, 2015 according to SRatingsIntel. As per Tuesday, April 19, the company rating was maintained by Citigroup. As per Tuesday, August 4, the company rating was maintained by RBC Capital Markets. On Wednesday, July 26 the stock rating was maintained by Morgan Stanley with “Underweight”. Stifel Nicolaus maintained it with “Hold” rating and $20200 target in Wednesday, July 19 report. The stock of 3M Co (NYSE:MMM) earned “Equal-Weight” rating by Barclays Capital on Monday, October 5. On Wednesday, October 25 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by Citigroup with “Buy” on Wednesday, July 26. As per Tuesday, March 15, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Monday, May 29 by Jefferies. Credit Suisse maintained it with “Outperform” rating and $260 target in Wednesday, October 25 report. See 3M Co (NYSE:MMM) latest ratings:

25/10/2017 Broker: Citigroup Rating: Buy Old Target: $250 New Target: $262 Maintain
25/10/2017 Broker: Credit Suisse Rating: Outperform Old Target: $238 New Target: $260 Maintain
25/10/2017 Broker: Bank of America Rating: Buy Old Target: $227 New Target: $257 Maintain
25/10/2017 Broker: Argus Research Rating: Buy Old Target: $220 New Target: $260 Maintain
25/10/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $220 New Target: $244 Maintain
25/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $209.0 Maintain
25/10/2017 Broker: Goldman Sachs Rating: Hold New Target: $229.0 Upgrade
11/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $205.0 Maintain
11/10/2017 Broker: Credit Suisse Rating: Buy New Target: $237.0 Maintain
09/10/2017 Broker: Citigroup Rating: Buy Old Target: $228 New Target: $250 Maintain

Investors sentiment increased to 0.91 in Q2 2017. Its up 0.10, from 0.81 in 2017Q1. It increased, as 45 investors sold 3M Co shares while 589 reduced holdings. 131 funds opened positions while 449 raised stakes. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Illinois-based Martin Limited Liability Co has invested 3.23% in 3M Co (NYSE:MMM). Connors Investor Svcs has 44,225 shares. Meiji Yasuda Life Insurance Company reported 0.14% of its portfolio in 3M Co (NYSE:MMM). Broderick Brian C accumulated 48,001 shares or 3.7% of the stock. Condor Mngmt accumulated 34,002 shares. Hartline Inv holds 0.67% or 10,027 shares in its portfolio. Nationwide Fund Advsr accumulated 227,929 shares or 0.19% of the stock. Stillwater Investment Mgmt Limited Company owns 26,793 shares. Alethea Mngmt Limited Liability Company holds 10,000 shares or 1.18% of its portfolio. Hyman Charles D has invested 2.46% in 3M Co (NYSE:MMM). Mount Lucas Ltd Partnership holds 12,484 shares. 19,506 are owned by Bedrijfstakpensioenfonds Voor De Media Pno. Moreover, Monetary Mgmt Group Inc Incorporated has 0.1% invested in 3M Co (NYSE:MMM) for 1,150 shares. Carlton Hofferkamp & Jenks Wealth Mngmt Ltd Liability Co invested in 0.98% or 6,948 shares. Franklin Street Advsr Nc stated it has 14,634 shares.

About 178,963 shares traded. 3M Co (NYSE:MMM) has risen 18.59% since November 15, 2016 and is uptrending. It has outperformed by 1.89% the S&P500.

3M Company is a technology company. It operates through five divisions. The company has market cap of $135.50 billion. The Industrial segment serves a range of markets, such as automotive original equipment maker and automotive aftermarket, , appliance, paper and printing, packaging, food and beverage, and construction. It has a 25.39 P/E ratio. The Safety and Graphics segment serves a range of markets for the safety, security and productivity of people, facilities and systems.

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