Swiss National Bank Increases Stake in 3M Co (MMM); Copart (CPRT) Shareholder Mutual Of America Capital Management Cut Holding by $7.77 Million as Valuation Rose

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Swiss National Bank increased its stake in 3M Co (MMM) by 2.95% based on its latest 2018Q2 regulatory filing with the SEC. Swiss National Bank bought 58,500 shares as the company’s stock rose 0.89% with the market. The institutional investor held 2.04 million shares of the medical and dental instruments company at the end of 2018Q2, valued at $401.25M, up from 1.98M at the end of the previous reported quarter. Swiss National Bank who had been investing in 3M Co for a number of months, seems to be bullish on the $115.63 billion market cap company. The stock decreased 1.79% or $3.62 during the last trading session, reaching $198.58. About 1.65M shares traded. 3M Company (NYSE:MMM) has declined 1.40% since December 6, 2017 and is downtrending. It has underperformed by 17.02% the S&P500. Some Historical MMM News: 05/03/2018 – 3M Michael Roman Appointed CEO; 24/04/2018 – 3M 1Q 2018 CAPEX $304M; 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; 09/05/2018 – 3M CO – STOCKHOLDERS ELECTED EACH OF TWELVE NOMINEES TO BOARD FOR A ONE-YEAR TERM; 30/04/2018 – 3M Announces FDA Clearance Of New Biological Indicator System Providing 24-Minute Results For Steam Sterilization; 21/03/2018 – China 3M Shibor Yield at 4.73% by End-1Q18 (Survey); 24/04/2018 – 3M Trims High-End of Guidance Range — Earnings Review; 15/03/2018 – U.S. 3M Libor Yield at 2.20% by End-2Q vs 2.05% Prior (Survey); 09/04/2018 – REG-Interim Report 3M:2018; 09/05/2018 – 3M: HLDRS REJECT PROPOSAL ON SETTING TARGET AMOUNTS ON CEO PAY

Mutual Of America Capital Management Llc decreased its stake in Copart Inc. (CPRT) by 80.32% based on its latest 2018Q2 regulatory filing with the SEC. Mutual Of America Capital Management Llc sold 138,793 shares as the company’s stock rose 14.80% with the market. The institutional investor held 34,004 shares of the consumer durables company at the end of 2018Q2, valued at $1.92 million, down from 172,797 at the end of the previous reported quarter. Mutual Of America Capital Management Llc who had been investing in Copart Inc. for a number of months, seems to be less bullish one the $11.27 billion market cap company. The stock decreased 2.31% or $1.14 during the last trading session, reaching $48.14. About 669,026 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 104.63% since December 6, 2017 and is uptrending. It has outperformed by 89.01% the S&P500.

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 Forbes.com with their article: “How Has 3M Managed To Consistently Improve Its Margins Over The Past Five Years? – Forbes” published on November 29, 2018, Fool.com published: “Will 3M’s New 5-Year Financial Plan Help the Stock Recover? – The Motley Fool” on December 01, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Fool.com and their article: “7 Reasons That 3M’s Guidance Looks Overly Optimistic – Motley Fool” published on November 29, 2018 as well as Seekingalpha.com‘s news article titled: “3M: Optimistic, But A Few Caveats – Seeking Alpha” with publication date: November 11, 2018.

Swiss National Bank, which manages about $87.45B US Long portfolio, decreased its stake in Tesla Inc (NASDAQ:TSLA) by 12,800 shares to 418,585 shares, valued at $143.55 million in 2018Q2, according to the filing. It also reduced its holding in Mallinckrodt Pub Ltd Co (NYSE:MNK) by 18,600 shares in the quarter, leaving it with 150,300 shares, and cut its stake in Nrg Energy Inc (NYSE:NRG).

Among 17 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. 3M had 106 analyst reports since July 24, 2015 according to SRatingsIntel. On Wednesday, September 20 the stock rating was downgraded by JP Morgan to “Underweight”. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, January 25. Credit Suisse maintained 3M Company (NYSE:MMM) rating on Wednesday, October 25. Credit Suisse has “Outperform” rating and $260 target. The firm earned “Buy” rating on Tuesday, June 6 by Bank of America. The rating was initiated by Citigroup with “Buy” on Thursday, January 21. RBC Capital Markets maintained it with “Hold” rating and $209.0 target in Friday, September 15 report. The firm has “Buy” rating by Jefferies given on Thursday, July 13. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. The firm has “Neutral” rating given on Thursday, August 30 by UBS.

Since September 10, 2018, it had 1 insider purchase, and 1 sale for $90,252 activity. PAGE GREGORY R also bought $184,500 worth of 3M Company (NYSE:MMM) shares.

Investors sentiment increased to 0.97 in 2018 Q2. Its up 0.20, from 0.77 in 2018Q1. It improved, 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. 1,022 were reported by Hrt Finance Lc. St Johns Investment Mngmt Ltd Liability Corporation invested in 7,284 shares. Paragon Capital Ltd reported 2,151 shares. Comerica Fincl Bank stated it has 0.34% of its portfolio in 3M Company (NYSE:MMM). Redmond Asset Mngmt Limited Liability Company has invested 0.64% in 3M Company (NYSE:MMM). The Ontario – Canada-based National Bank & Trust Of Nova Scotia Tru Communication has invested 1.07% in 3M Company (NYSE:MMM). Laurel Grove Capital Limited Liability Co holds 1,800 shares or 0.19% of its portfolio. 503,184 are held by Stifel Financial. Financial Advisory Group has 0.21% invested in 3M Company (NYSE:MMM) for 3,946 shares. Connors Investor Svcs Incorporated holds 40,377 shares. 36,991 were accumulated by Westwood Hldgs Gru Inc. New England Rech & Mgmt reported 0.81% in 3M Company (NYSE:MMM). Btc Management holds 1,383 shares or 0.06% of its portfolio. Connor Clark & Lunn Invest reported 149,005 shares. Susquehanna Llp holds 0.01% or 94,288 shares.

Among 14 analysts covering Copart (NASDAQ:CPRT), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Copart had 34 analyst reports since January 15, 2016 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Thursday, September 22. The rating was maintained by Jefferies on Friday, May 26 with “Hold”. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Overweight” rating by Stephens on Monday, February 12. The rating was maintained by Robert W. Baird with “Buy” on Wednesday, November 22. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Buy” rating by Robert W. Baird on Tuesday, October 31. On Thursday, August 25 the stock rating was downgraded by Northcoast to “Neutral”. The rating was initiated by Jefferies with “Hold” on Friday, January 15. JP Morgan maintained the stock with “Neutral” rating in Friday, May 27 report. Robert W. Baird maintained the shares of CPRT in report on Friday, December 22 with “Buy” rating. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Neutral” rating by Bank of America on Monday, March 21.

Since June 11, 2018, it had 0 buys, and 5 selling transactions for $31.69 million activity. COHAN STEVEN D sold 80,000 shares worth $4.64 million. Shares for $8.05M were sold by TRYFOROS THOMAS N. Liaw Jeffrey had sold 30,000 shares worth $1.75M on Monday, June 18. Shares for $5.75M were sold by FRANKLIN WILLIAM E.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on February, 25. They expect $0.52 earnings per share, up 10.64% or $0.05 from last year’s $0.47 per share. CPRT’s profit will be $121.68M for 23.14 P/E if the $0.52 EPS becomes a reality. After $0.47 actual earnings per share reported by Copart, Inc. for the previous quarter, Wall Street now forecasts 10.64% EPS growth.

More notable recent Copart, Inc. (NASDAQ:CPRT) news were published by: Nasdaq.com which released: “SIZE’s Underlying Holdings Could Mean 15% Gain Potential – Nasdaq” on November 26, 2018, also Fool.com with their article: “Copart’s Sales Growth Slows, but Earnings Jump in Q1 – Motley Fool” published on November 20, 2018, Benzinga.com published: “Copart Opens Ninth New Location in Germany – Benzinga” on November 30, 2018. More interesting news about Copart, Inc. (NASDAQ:CPRT) were released by: Businesswire.com and their article: “Copart, Inc. to Webcast First Quarter Fiscal 2019 Results – Business Wire” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for December 06, 2018 – Nasdaq” with publication date: December 04, 2018.

Investors sentiment increased to 1.31 in Q2 2018. Its up 0.32, from 0.99 in 2018Q1. It is positive, as 24 investors sold CPRT shares while 132 reduced holdings. 81 funds opened positions while 123 raised stakes. 174.51 million shares or 0.98% more from 172.82 million shares in 2018Q1 were reported. 3,818 are owned by Ibm Retirement Fund. Salem Counselors has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Iberiabank holds 0.32% or 32,143 shares. Sigma Planning holds 58,870 shares. The California-based Whittier Trust has invested 0% in Copart, Inc. (NASDAQ:CPRT). Bridgewater Associates Limited Partnership reported 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Schroder Invest Mgmt Gp holds 0.05% or 516,749 shares. Los Angeles Capital Mgmt And Equity Rech Inc invested 0.29% in Copart, Inc. (NASDAQ:CPRT). Northern Corporation has invested 0.03% in Copart, Inc. (NASDAQ:CPRT). Alkeon Management Ltd Liability Co accumulated 0.15% or 574,342 shares. Deutsche Commercial Bank Ag accumulated 678,825 shares. Amp Capital Investors Limited holds 144,405 shares. Jpmorgan Chase Com holds 5.34M shares or 0.06% of its portfolio. Daiwa Securities Group accumulated 7,408 shares or 0% of the stock. The Pennsylvania-based Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.02% in Copart, Inc. (NASDAQ:CPRT).

Copart, Inc. (NASDAQ:CPRT) Institutional Positions Chart

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