Shelter Mutual Insurance Co Has Decreased By $803,600 Its 3M Company (MMM) Holding; Dolphin Entertainment (DLPN) Shorts Down By 52%

3M Company (NYSE:MMM) Logo

Shelter Mutual Insurance Co decreased 3M Company (MMM) stake by 10.06% reported in 2018Q2 SEC filing. Shelter Mutual Insurance Co sold 4,100 shares as 3M Company (MMM)’s stock rose 0.89%. The Shelter Mutual Insurance Co holds 36,660 shares with $7.21 million value, down from 40,760 last quarter. 3M Company now has $117.74 billion valuation. The stock decreased 3.14% or $6.56 during the last trading session, reaching $202.2. About 2.70M shares traded or 3.72% up from the average. 3M Company (NYSE:MMM) has declined 1.40% since December 5, 2017 and is downtrending. It has underperformed by 17.02% the S&P500. Some Historical MMM News: 30/05/2018 – 3M INDIA LTD TMIN.NS – APPROVES PROPOSAL FOR INVESTMENT IN 3M ELECTRO & COMMUNICATION INDIA FOR AMOUNT NOT EXCEEDING 5.90 BLN RUPEES; 16/05/2018 – Governor Rauner: $3M grant from IL EPA will help fund project to switch to groundwater source for Quincy. City will pay the; 21/05/2018 – ALJ REGIONAL – ON MAY 15, COURT ISSUED OPINION IN PREVIOUSLY DISCLOSED LITIGATION FILED BY CO’S UNIT AGAINST 3M COMPANY REGARDING A 3M CONTRACT; 21/05/2018 – 3M NAMES GAYLE SCHUELLER CHIEF SUSTAINABILITY OFFICER; 05/03/2018 – 3M Names New CEO, Thulin To Become Executive Chair — MarketWatch; 05/03/2018 – 3M appoints company veteran as new CEO; 05/03/2018 – 3M Elevates Company Veteran to CEO as Thulin Shifts to New Role; 21/05/2018 – 3M INCOMING CEO ROMAN SPEAKS AT ELECTRICAL PRODUCTS GROUP CONF; 10/05/2018 – U.S. 3M Libor Yield at 2.55% by End-3Q vs 2.49% Prior (Survey); 05/03/2018 – 3M Announces New Leadership Appointments

Dolphin Entertainment Inc (NASDAQ:DLPN) had a decrease of 52% in short interest. DLPN’s SI was 2,400 shares in December as released by FINRA. Its down 52% from 5,000 shares previously. With 23,600 avg volume, 0 days are for Dolphin Entertainment Inc (NASDAQ:DLPN)’s short sellers to cover DLPN’s short positions. The SI to Dolphin Entertainment Inc’s float is 0.03%. The stock decreased 2.10% or $0.03 during the last trading session, reaching $1.4. About 646 shares traded. Dolphin Entertainment, Inc. (NASDAQ:DLPN) has declined 72.32% since December 5, 2017 and is downtrending. It has underperformed by 87.94% the S&P500. Some Historical DLPN News: 15/05/2018 – DOLPHIN ENTERTAINMENT INC – QTRLY SHR $0.07; 03/04/2018 DOLPHIN ENTERTAINMENT INC FILES FOR NON-TIMELY 10-K WITH U.S. SEC; 04/04/2018 – Dolphin Entertainment 2017 Revenue Increases 238% to $22.4 Million; 03/04/2018 – Dolphin Entertainment, Inc. to Host Year End Results Conference Call

Among 7 analysts covering 3M (NYSE:MMM), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. 3M had 13 analyst reports since July 12, 2018 according to SRatingsIntel. The firm has “Underweight” rating given on Wednesday, October 24 by Barclays Capital. The firm earned “Underweight” rating on Monday, November 19 by Barclays Capital. As per Thursday, July 12, the company rating was maintained by Deutsche Bank. UBS maintained 3M Company (NYSE:MMM) rating on Wednesday, October 24. UBS has “Neutral” rating and $211 target. The firm has “Hold” rating given on Friday, September 28 by Deutsche Bank. On Wednesday, October 24 the stock rating was maintained by Citigroup with “Buy”. Deutsche Bank maintained the stock with “Hold” rating in Friday, November 16 report. The stock of 3M Company (NYSE:MMM) earned “Outperform” rating by Credit Suisse on Wednesday, October 24. The firm earned “Underweight” rating on Wednesday, July 25 by Barclays Capital. The stock of 3M Company (NYSE:MMM) has “Neutral” rating given on Thursday, August 30 by UBS.

Analysts await 3M Company (NYSE:MMM) to report earnings on January, 24. They expect $2.28 earnings per share, up 8.57% or $0.18 from last year’s $2.1 per share. MMM’s profit will be $1.33B for 22.17 P/E if the $2.28 EPS becomes a reality. After $2.58 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts -11.63% negative EPS growth.

Since September 10, 2018, it had 1 insider buy, and 1 sale for $90,252 activity. $274,752 worth of 3M Company (NYSE:MMM) was sold by Hammes Eric D. on Monday, September 10. $184,500 worth of 3M Company (NYSE:MMM) was bought by PAGE GREGORY R on Friday, October 26.

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “3M CEO sets five-year financial targets – Seeking Alpha” on November 15, 2018, also Seekingalpha.com with their article: “3M: Optimistic, But A Few Caveats – Seeking Alpha” published on November 11, 2018, Seekingalpha.com published: “As Expected, Evolution, Not Revolution, From 3M – Seeking Alpha” on November 20, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M Company (MMM) CEO Michael Roman Presents at Credit Suisse 6th Annual Industrials Conference (Transcript) – Seeking Alpha” published on November 28, 2018 as well as Fool.com‘s news article titled: “Will 3M’s New 5-Year Financial Plan Help the Stock Recover? – The Motley Fool” with publication date: December 01, 2018.

Investors sentiment increased to 0.97 in 2018 Q2. Its up 0.20, from 0.77 in 2018Q1. It increased, as 73 investors sold MMM shares while 549 reduced holdings. 111 funds opened positions while 490 raised stakes. 374.25 million shares or 0.96% less from 377.88 million shares in 2018Q1 were reported. Weatherly Asset Limited Partnership holds 0.63% of its portfolio in 3M Company (NYSE:MMM) for 13,647 shares. Tradewinds Cap Management Limited stated it has 0.12% of its portfolio in 3M Company (NYSE:MMM). Price T Rowe Associate Md invested in 1.31M shares or 0.04% of the stock. Mcf Advisors Ltd Liability Corporation reported 1,978 shares. Guardian Capital Advisors Limited Partnership holds 0.36% or 13,445 shares. 4,600 were accumulated by Highlander Capital Ltd Limited Liability Company. Mason Street Advisors Llc, Wisconsin-based fund reported 83,296 shares. Utd Asset Strategies owns 1,761 shares for 0.09% of their portfolio. Private Wealth Prns Ltd Liability Com stated it has 12,871 shares or 0.44% of all its holdings. Atlanta Management L L C has 0.32% invested in 3M Company (NYSE:MMM). Old Mutual Customised Solutions (Proprietary) holds 0.63% or 32,413 shares in its portfolio. Riverhead Ltd Liability holds 0.12% or 15,469 shares in its portfolio. Boston Limited Com holds 0.04% of its portfolio in 3M Company (NYSE:MMM) for 9,141 shares. Da Davidson & has 214,185 shares. Moreover, Allen Mngmt Llc has 0.15% invested in 3M Company (NYSE:MMM) for 20,614 shares.

Dolphin Entertainment, Inc. produces and distributes online digital content in the United States. The company has market cap of $19.77 million. The firm also develops online kids clubs, as well as operates as a content producer of motion pictures. It currently has negative earnings. In addition, it operates an entertainment public relations agency, which offers talent publicity, strategic communications and entertainment, and content marketing services, as well as brand and digital marketing services.

More notable recent Dolphin Entertainment, Inc. (NASDAQ:DLPN) news were published by: Nasdaq.com which released: “Consumer Sector Update for 11/19/2018: DLPN,GHG,DAR,SPB – Nasdaq” on November 19, 2018, also Schaeffersresearch.com with their article: “Analyst: This Penny Stock Can Double – Schaeffers Research” published on November 21, 2018, Gurufocus.com published: “Dolphin Entertainment to Present at the LD Micro 11th Annual Main Event Investor Conference – GuruFocus.com” on November 28, 2018. More interesting news about Dolphin Entertainment, Inc. (NASDAQ:DLPN) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For November 21, 2018 – Benzinga” published on November 21, 2018 as well as Benzinga.com‘s news article titled: “74 Biggest Movers From Friday – Benzinga” with publication date: November 05, 2018.

3M Company (NYSE:MMM) Institutional Positions Chart

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