As Fortress Investment Group Ll (FIG) Stock Price Declined, Holder Segantii Capital Management LTD Lifted Its Stake; Tortoise Investment Management Increased Its 3M Co (MMM) Position by $483,000

January 18, 2018 - By Clifton Ray

Tortoise Investment Management Llc increased its stake in 3M Co (MMM) by 205.54% based on its latest 2017Q3 regulatory filing with the SEC. Tortoise Investment Management Llc bought 2,300 shares as the company’s stock rose 7.02% with the market. The institutional investor held 3,419 shares of the medical and dental instruments company at the end of 2017Q3, valued at $718,000, up from 1,119 at the end of the previous reported quarter. Tortoise Investment Management Llc who had been investing in 3M Co for a number of months, seems to be bullish on the $147.78B market cap company. The stock increased 1.38% or $3.37 during the last trading session, reaching $248.11. About 2.52 million shares traded or 26.46% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since January 18, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Simon Sadler increased its stake in Fortress Investment Group Ll (FIG) by 59.29% based on its latest 2017Q3 regulatory filing with the SEC. Segantii Capital Management Ltd bought 705,350 shares as the company’s stock declined 0.63% while stock markets rallied. The hedge fund run by Simon Sadler held 1.90 million shares of the investment managers company at the end of 2017Q3, valued at $15.10M, up from 1.19 million at the end of the previous reported quarter. Segantii Capital Management Ltd who had been investing in Fortress Investment Group Ll for a number of months, seems to be bullish on the $3.05 billion market cap company. It closed at $7.85 lastly. It is down 64.73% since January 18, 2017 and is uptrending. It has outperformed by 48.03% the S&P500.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.48, from 1.36 in 2017Q2. It dropped, as 16 investors sold FIG shares while 27 reduced holdings. 12 funds opened positions while 26 raised stakes. 139.94 million shares or 0.75% less from 141.00 million shares in 2017Q2 were reported. State Of Wisconsin Investment Board invested 0% of its portfolio in Fortress Investment Group LLC (NYSE:FIG). Quinn Opportunity Prns Limited Liability Corp has invested 0.06% in Fortress Investment Group LLC (NYSE:FIG). 1.96 million were accumulated by Renaissance Technology Ltd Liability Co. Deutsche Financial Bank Ag reported 0.05% in Fortress Investment Group LLC (NYSE:FIG). California Employees Retirement Sys owns 0% invested in Fortress Investment Group LLC (NYSE:FIG) for 255,029 shares. Advisory Service Networks Lc invested in 10,225 shares. S Muoio Commerce Limited Company holds 290,000 shares. Blair William & Communications Il, Illinois-based fund reported 20,000 shares. Highland Capital Lp has 0.11% invested in Fortress Investment Group LLC (NYSE:FIG). Gamco Incorporated Et Al holds 0.03% of its portfolio in Fortress Investment Group LLC (NYSE:FIG) for 573,150 shares. Virtu Limited Liability Corp has 24,743 shares for 0% of their portfolio. Natl Bank Of Montreal Can holds 0.01% or 719,700 shares in its portfolio. York Capital Mgmt Advsrs Limited Liability Corp owns 5.83 million shares. Raymond James And Assocs holds 37,503 shares. Envestnet Asset Inc holds 0% of its portfolio in Fortress Investment Group LLC (NYSE:FIG) for 736 shares.

Among 6 analysts covering Fortress Investment Group Llc (NYSE:FIG), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Fortress Investment Group Llc had 18 analyst reports since October 7, 2015 according to SRatingsIntel. The stock of Fortress Investment Group LLC (NYSE:FIG) has “Hold” rating given on Monday, September 4 by Keefe Bruyette & Woods. On Thursday, November 9 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. On Wednesday, December 9 the stock rating was reinitiated by Credit Suisse with “Neutral”. The stock of Fortress Investment Group LLC (NYSE:FIG) has “Hold” rating given on Thursday, November 2 by Jefferies. The rating was maintained by Keefe Bruyette & Woods on Thursday, August 3 with “Hold”. As per Thursday, February 25, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, June 28 by Jefferies. As per Friday, October 14, the company rating was maintained by Wood. Jefferies maintained Fortress Investment Group LLC (NYSE:FIG) on Wednesday, October 7 with “Hold” rating. The firm has “Hold” rating by Jefferies given on Monday, September 25.

Since August 11, 2017, it had 0 insider buys, and 8 selling transactions for $5.40 million activity. Shares for $92,023 were sold by Lindekugel Jon T. 2,719 shares were sold by Little Frank R Jr., worth $560,200 on Thursday, August 17. Gangestad Nicholas C had sold 4,004 shares worth $936,291. Fong Ivan K sold $547,377 worth of stock or 2,348 shares. 6,823 3M Company (NYSE:MMM) shares with value of $1.59M were sold by THULIN INGE G. Keel Paul A had sold 4,965 shares worth $1.02M.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It turned negative, as 59 investors sold MMM shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Smith Chas P & Pa Cpas invested 0.06% in 3M Company (NYSE:MMM). Independence reported 21,378 shares stake. 13,452 were reported by Marietta Invest Prtn Limited Company. 53,915 are held by Calamos Advisors Ltd Liability Co. Foster Dykema Cabot & Com Ma reported 3,369 shares stake. Riverpoint Cap Mngmt Lc has 131,721 shares for 1.79% of their portfolio. State Street holds 44.27 million shares or 0.8% of its portfolio. Weik Invest Svcs reported 17,902 shares. Osborne Ltd has invested 0.06% in 3M Company (NYSE:MMM). Kornitzer Mgmt Ks accumulated 125,218 shares. 2,353 are owned by Cornerstone Advisors Inc. Buckhead Mngmt Ltd Liability Company accumulated 1.66% or 36,889 shares. Maryland Mgmt holds 3,055 shares or 0.1% of its portfolio. Fiduciary Fin Ser Of The Southwest Tx reported 0.43% stake. Moreover, Gam Holdings Ag has 0.17% invested in 3M Company (NYSE:MMM) for 19,330 shares.

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 FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: