As 3M Co (MMM) Stock Price Declined, Swedbank Has Lifted Holding by $37.05 Million; Woodstock Cut Intuitive Surgical (ISRG) Position as Market Valuation Declined

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Swedbank increased its stake in 3M Co (MMM) by 32.74% based on its latest 2018Q3 regulatory filing with the SEC. Swedbank bought 176,450 shares as the company’s stock declined 6.86% with the market. The institutional investor held 715,391 shares of the medical and dental instruments company at the end of 2018Q3, valued at $150.74 million, up from 538,941 at the end of the previous reported quarter. Swedbank who had been investing in 3M Co for a number of months, seems to be bullish on the $115.97B market cap company. The stock decreased 0.57% or $1.14 during the last trading session, reaching $199.16. About 2.24 million shares traded. 3M Company (NYSE:MMM) has declined 17.47% since February 2, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 05/03/2018 – 3M names operating chief Michael Roman as next CEO; 30/05/2018 – Mediagazer: Sources: London Evening Standard strikes a £3M deal with six companies including Uber and Google that erases; 24/04/2018 – 3M sinks 8%, eyes biggest drop since 2007; 05/03/2018 – 3M NAMES INGE THULIN EXECUTIVE CHAIRMAN MICHAEL ROMAN CEO; 16/03/2018 – Canada 3M CDOR Yield at 1.75% by End-2Q vs 1.74% Prior (Survey); 05/03/2018 – BREAKING: 3M appoints Michael F. Roman as CEO,effective July 1. Current CEO Inge Thulin becomes executive chairman; 04/04/2018 – 3M: Marlene McGrath to Retire July 1; 24/04/2018 – 3M 1Q EPS 98c; 02/04/2018 – Johnson Controls’ Power Solutions draws initial PE interest; 05/03/2018 – LAUNCH: TORONTO-DOMINION OFFERS 1YR KANGAROO FRN AT 3M +35 AREA

Woodstock Corp decreased its stake in Intuitive Surgical Inc (ISRG) by 4.83% based on its latest 2018Q3 regulatory filing with the SEC. Woodstock Corp sold 2,066 shares as the company’s stock declined 8.08% with the market. The institutional investor held 40,706 shares of the health care company at the end of 2018Q3, valued at $23.37 million, down from 42,772 at the end of the previous reported quarter. Woodstock Corp who had been investing in Intuitive Surgical Inc for a number of months, seems to be less bullish one the $59.92B market cap company. The stock increased 0.19% or $1.01 during the last trading session, reaching $524.65. About 716,173 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 29.79% since February 2, 2018 and is uptrending. It has outperformed by 29.79% the S&P500. Some Historical ISRG News: 17/04/2018 – Intuitive Surgical 1Q Rev $848M; 17/04/2018 – Intuitive Surgical 1Q Net $288M; 30/04/2018 – intuitive surgical, inc | da vinci xi surgical system, da vinci x | K173842 | 04/23/2018 |; 17/04/2018 – After-hours buzz: IBM, ISRG, UAL & more; 17/04/2018 – INTUITIVE SURGICAL 1Q REV. $848M, EST. $778.5M; 29/05/2018 – Intuitive to Begin Direct Operations in India; 29/05/2018 – INTUITIVE SURGICAL INC ISRG.O – ANNOUNCED TODAY IT HAS BEGUN DIRECT OPERATIONS IN INDIA; 03/05/2018 – Intuitive Surgical at Bank of America Conference May 15; 17/04/2018 – INTUITIVE CLIMBS 6% POST-MARKET AS 1Q RESULTS BEAT ESTIMATES; 23/05/2018 – Intuitive Surgical at Goldman Sachs Conference Jun 13

Swedbank, which manages about $22.37 billion US Long portfolio, decreased its stake in Paypal Holdings by 194,851 shares to 2.12 million shares, valued at $186.06 million in 2018Q3, according to the filing. It also reduced its holding in Cisco Systems In (NASDAQ:CSCO) by 261,712 shares in the quarter, leaving it with 11.08M shares, and cut its stake in Union Pacific Co (NYSE:UNP).

Investors sentiment increased to 1.03 in Q3 2018. Its up 0.06, from 0.97 in 2018Q2. It improved, as 47 investors sold MMM shares while 535 reduced holdings. 117 funds opened positions while 480 raised stakes. 371.40 million shares or 0.76% less from 374.25 million shares in 2018Q2 were reported. National Mutual Federation Of Agricultural Cooperatives reported 14,000 shares or 0.04% of all its holdings. Pettyjohn Wood And White reported 11,999 shares. Advsrs Asset Mngmt holds 0.15% in 3M Company (NYSE:MMM) or 42,494 shares. Connor Clark Lunn Invest Mgmt Ltd holds 68,023 shares. Bingham Osborn And Scarborough Limited Liability Corporation has 0.04% invested in 3M Company (NYSE:MMM) for 2,307 shares. Cardinal invested in 2% or 33,605 shares. Hbk Sorce Advisory Ltd Limited Liability Company holds 10,641 shares or 0.25% of its portfolio. Cadence Cap Mgmt Ltd Liability Co holds 57,789 shares. Nomura accumulated 8,595 shares. Loomis Sayles And LP owns 201 shares. Tci Wealth Advisors holds 1.87% of its portfolio in 3M Company (NYSE:MMM) for 21,179 shares. Intrust Bancorporation Na invested in 1,365 shares or 0.07% of the stock. Moreover, Lau Associate Limited Co has 1.8% invested in 3M Company (NYSE:MMM) for 15,089 shares. Polaris Greystone Financial Grp Inc Limited Liability Company holds 0.01% or 744 shares in its portfolio. Monetary Mgmt Grp Inc owns 1,050 shares.

Since September 10, 2018, it had 1 buying transaction, and 3 insider sales for $5.45 million activity. The insider THULIN INGE G sold 13,290 shares worth $2.66 million. $184,500 worth of stock 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 Q4 2018 Earnings Preview – Seeking Alpha” on January 28, 2019, also Seekingalpha.com with their article: “3M Company 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on January 29, 2019, Seekingalpha.com published: “The Durability Of Innovation At 3M – Seeking Alpha” on January 16, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Streetinsider.com and their article: “3M Co. (MMM) Reports Settlement of Patent Infringement Lawsuit with Elo Touch Solutions Inc. – StreetInsider.com” published on January 31, 2019 as well as 247Wallst.com‘s news article titled: “How 3M Is Driving the Dow After Earnings – 24/7 Wall St.” with publication date: January 29, 2019.

Among 17 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. 3M had 107 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 24 by Credit Suisse. The company was upgraded on Thursday, May 3 by RBC Capital Markets. The firm earned “Underperform” rating on Friday, July 24 by RBC Capital Markets. Argus Research maintained 3M Company (NYSE:MMM) on Wednesday, October 25 with “Buy” rating. Morgan Stanley maintained 3M Company (NYSE:MMM) rating on Wednesday, March 30. Morgan Stanley has “Underweight” rating and $157 target. Jefferies maintained the shares of MMM in report on Monday, May 29 with “Buy” rating. On Thursday, August 30 the stock rating was maintained by UBS with “Neutral”. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, March 22 report. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, October 25 by Bank of America.

More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Nasdaq.com which released: “Intuitive Surgical (ISRG) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” on January 17, 2019, also Nasdaq.com with their article: “Intuitive Surgical (ISRG) Gains on Strength in Robotics – Nasdaq” published on May 24, 2018, Nasdaq.com published: “Interesting ISRG Put And Call Options For June 2020 – Nasdaq” on June 05, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Seekingalpha.com and their article: “Intuitive Surgical beats by $0.17, beats on revenue – Seeking Alpha” published on October 18, 2018 as well as Nasdaq.com‘s news article titled: “First Week of ISRG December 21st Options Trading – Nasdaq” with publication date: October 30, 2018.

Investors sentiment decreased to 1.18 in Q3 2018. Its down 0.11, from 1.29 in 2018Q2. It dived, as 26 investors sold ISRG shares while 235 reduced holdings. 94 funds opened positions while 213 raised stakes. 92.91 million shares or 1.44% less from 94.27 million shares in 2018Q2 were reported. Hightower Advsrs Limited Co stated it has 0.03% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). 1,567 are held by Jefferies Llc. Renaissance Technology Limited Liability Company has 682,500 shares. 221,055 are held by Royal State Bank Of Canada. Northern Trust holds 1.30M shares or 0.18% of its portfolio. Nuveen Asset Mngmt has invested 0.02% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Canandaigua Bancshares Tru Com has 0.2% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). Hwg Lp reported 6,826 shares. Nicholas Inv LP accumulated 8,767 shares. Checchi Capital Advisers Limited Com reported 1,262 shares. Usca Ria Ltd Liability has 0.02% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). Bridgecreek Inv Mgmt Ltd reported 31,955 shares stake. France-based Natixis has invested 0.07% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Massmutual Tru Fsb Adv invested 0% in Intuitive Surgical, Inc. (NASDAQ:ISRG). 1St Source Bank & Trust has 0.03% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 582 shares.

Intuitive Surgical, Inc. (NASDAQ:ISRG) Institutional Positions Chart

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