Garnet Equity Capital Holdings Has Raised Stake in Kratos Defense & Security (Call) (KTOS) by $2.10 Million as Shares Rose; 3M Co (MMM) Share Value Declined While Charles Schwab Investment Advisory Upped Stake by $4.33 Million

3M Company (NYSE:MMM) Logo

Charles Schwab Investment Advisory Inc increased its stake in 3M Co (MMM) by 1.9% based on its latest 2018Q3 regulatory filing with the SEC. Charles Schwab Investment Advisory Inc bought 20,634 shares as the company’s stock declined 6.86% with the market. The institutional investor held 1.10M shares of the medical and dental instruments company at the end of 2018Q3, valued at $232.80M, up from 1.08M at the end of the previous reported quarter. Charles Schwab Investment Advisory Inc who had been investing in 3M Co for a number of months, seems to be bullish on the $116.06 billion market cap company. The stock decreased 0.63% or $1.28 during the last trading session, reaching $201.29. About 426,621 shares traded. 3M Company (NYSE:MMM) has declined 17.47% since February 7, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 02/04/2018 – Propeller Health Publishes Results From a Large Public Health Study on Asthma; Successfully Reduces the Burden of Asthma in Louisville; 20/03/2018 – MN House of Reps: Bipartisan bill would use 3M settlement dollars to test private wells; 09/03/2018 – UK ECONOMY ESTIMATED TO HAVE GROWN BY 0.3 PCT 3M/3M IN FEB – NIESR; 24/04/2018 – 3M trims full-year earnings and sales guidance; 26/03/2018 – 3m company | 3m attest super rapid readout biological | K173437 | 03/19/2018 |; 20/03/2018 – Rise of Big Data, Need for Energy Efficiency Drives Transformative Innovation in Data Center Industry; 24/04/2018 – 3M Sees 2018 EPS $8.68-EPS $9.03; 15/05/2018 – SOROS FUND MANAGEMENT DISSLOVES SHARE STAKE IN 3M – SEC FILING; 04/04/2018 – 3M Announces New Leadership Appointment; 05/03/2018 – 3M appoints Michael Roman CEO; Inge Thulin will become chairman of board

Garnet Equity Capital Holdings Inc increased its stake in Kratos Defense & Security (Call) (KTOS) by 50% based on its latest 2018Q3 regulatory filing with the SEC. Garnet Equity Capital Holdings Inc bought 150,000 shares as the company’s stock rose 0.90% while stock markets declined. The hedge fund held 450,000 shares of the capital goods company at the end of 2018Q3, valued at $6.65 million, up from 300,000 at the end of the previous reported quarter. Garnet Equity Capital Holdings Inc who had been investing in Kratos Defense & Security (Call) for a number of months, seems to be bullish on the $1.64 billion market cap company. The stock decreased 1.19% or $0.19 during the last trading session, reaching $15.76. About 106,139 shares traded. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has risen 38.50% since February 7, 2018 and is uptrending. It has outperformed by 38.50% the S&P500. Some Historical KTOS News: 19/03/2018 – KRATOS DEFENSE AND SECURITY SOLUTIONS INC KTOS.O – KRATOS ISSUES A STATEMENT; 23/05/2018 – Kratos Receives $55 Million in Space and Satellite Communications Contract Awards; 21/03/2018 – KRATOS – GETS U.S. STATE DEPT. APPROVAL TO MARKET A SECOND OF JET TACTICAL UNMANNED AERIAL SYSTEMS TO N. AMERICAN, EUROPEAN, ASIA PACIFIC COUNTRIES; 16/03/2018 – Spruce Point knows over-hyped drone and robotics companies very well ( $IRBT and $AVAV ). $KTOS is the worse of breed, spending almost nothing on capex and R&D #skeptic #bearish; 16/03/2018 – Wondering in what distorted world we live in that $KTOS gets the highest valuation in the aerospace and defense industry for having the weakest business and financial profile thank you #centralbanks; 19/03/2018 – Let me ask you this: how profitable are $KTOS contracts, when no one else in the world is bidding on them other than Kratos? Here’s a recent one announced Feb 2018 from Micro Systems, one of its drone businesses #weakbacklog; 19/04/2018 – Trump launches effort to boost U.S. weapons sales abroad; 20/03/2018 – Mike Stone: Exclusive: Trump to boost exports of lethal drones to more U.S. allies w/@mattspetalnick $KTOS $TXT $BA $LMT; 25/03/2018 – Mena Report: United States : Kratos and Orbital ATK Missile Products Division Reaffirm Kratos Oriole Rocket Motor; 20/03/2018 – EXCLUSIVE-TEXTRON INC TXT.N , KRATOS DEFENSE & SECURITY SOLUTIONS INC KTOS.O , BOEING CO BA.N , LOCKHEED MARTIN CORP LMT.N AND GENERAL ATOMICS COULD SEE DRONE SALES INCREASE AFTER NEW EXPORT POLICY…

Investors sentiment increased to 1.03 in 2018 Q3. Its up 0.06, from 0.97 in 2018Q2. It increased, 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. Rothschild Investment Corporation Il has 0.31% invested in 3M Company (NYSE:MMM) for 12,476 shares. Papp L Roy And Assocs reported 99,300 shares. First Commonwealth Finance Corporation Pa reported 2,407 shares. 20,217 are held by Motco. Moreover, Fiera Cap Corporation has 1.88% invested in 3M Company (NYSE:MMM). Eagle Glob Advisors Lc, a Texas-based fund reported 3,810 shares. Janney Montgomery Scott Llc invested in 0.38% or 211,044 shares. Prudential Financial Inc holds 655,996 shares or 0.2% of its portfolio. Motley Fool Asset Ltd Company accumulated 7,699 shares or 0.2% of the stock. Roosevelt Inv Group Incorporated stated it has 71,842 shares or 1.38% of all its holdings. Wellington Shields Ltd Liability Corporation accumulated 10,055 shares. Gm Advisory Grp Inc holds 0.09% in 3M Company (NYSE:MMM) or 1,319 shares. Tctc Holding Limited Liability Company holds 1.15% or 119,372 shares. Garrison Fincl owns 2.15% invested in 3M Company (NYSE:MMM) for 20,609 shares. Peapack Gladstone has 67,720 shares for 0.7% of their portfolio.

Charles Schwab Investment Advisory Inc, which manages about $19.06 billion and $57.79B US Long portfolio, decreased its stake in Vanguard Index Fds (VV) by 42,635 shares to 1.96M shares, valued at $261.30M in 2018Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VOO) by 22,186 shares in the quarter, leaving it with 438,234 shares, and cut its stake in Ishares Tr (EMB).

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 Streetinsider.com with their article: “3M Co. (MMM) to nominate CEO Mike Roman to serve as chairman; Inge Thulin to retire – StreetInsider.com” published on February 06, 2019, Streetinsider.com published: “3M Co. (MMM) Tops Q4 EPS by 3c, Revenues Beat; Lowers FY19 EPS Guidance – StreetInsider.com” on January 29, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Investorplace.com and their article: “5 Industrial Stocks to Buy – Investorplace.com” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “The Durability Of Innovation At 3M – Seeking Alpha” with publication date: January 16, 2019.

Since September 10, 2018, it had 1 insider purchase, and 3 selling transactions for $5.45 million activity. $2.70M worth of 3M Company (NYSE:MMM) shares were sold by THULIN INGE G. Hammes Eric D. sold 1,272 shares worth $274,752.

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 stock of 3M Company (NYSE:MMM) has “Buy” rating given on Monday, August 14 by Jefferies. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by Stifel Nicolaus on Wednesday, December 14. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, October 24 report. As per Thursday, January 25, the company rating was maintained by RBC Capital Markets. Citigroup initiated the stock with “Buy” rating in Thursday, January 21 report. RBC Capital Markets maintained 3M Company (NYSE:MMM) on Wednesday, December 16 with “Underperform” rating. As per Monday, October 2, the company rating was maintained by Morgan Stanley. Jefferies maintained 3M Company (NYSE:MMM) rating on Friday, May 26. Jefferies has “Buy” rating and $21900 target. Citigroup maintained the stock with “Buy” rating in Wednesday, October 25 report. The stock of 3M Company (NYSE:MMM) has “Underperform” rating given on Wednesday, October 26 by RBC Capital Markets.

Garnet Equity Capital Holdings Inc, which manages about $189.98 million and $137.26 million US Long portfolio, decreased its stake in Belmond Ltd (NYSE:BEL) by 50,000 shares to 150,000 shares, valued at $2.74 million in 2018Q3, according to the filing. It also reduced its holding in United Technologies Corp (NYSE:UTX) by 15,000 shares in the quarter, leaving it with 15,000 shares, and cut its stake in Citigroup Inc (NYSE:C).

Investors sentiment increased to 1.41 in Q3 2018. Its up 0.39, from 1.02 in 2018Q2. It improved, as 9 investors sold KTOS shares while 40 reduced holdings. 32 funds opened positions while 37 raised stakes. 75.61 million shares or 1.42% more from 74.54 million shares in 2018Q2 were reported. Granite Inv Limited Liability Corp accumulated 1.26 million shares or 1.07% of the stock. Oppenheimer & Inc, New York-based fund reported 19,500 shares. Trust Department Mb Bancshares N A owns 0% invested in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) for 1,000 shares. Fred Alger Mngmt, a New York-based fund reported 1.18M shares. Schwab Charles Invest Mngmt holds 0% or 476,419 shares in its portfolio. S Squared Ltd Llc owns 1.26M shares. Wells Fargo & Com Mn has invested 0% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). 500 are held by Cypress Cap Mngmt Ltd Com (Wy). Us Retail Bank De owns 1,100 shares. The United Kingdom-based Hsbc Plc has invested 0% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Bank Of New York Mellon has 0% invested in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Illinois-based Rmb Capital Mgmt Limited Liability Corp has invested 0.02% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Sumitomo Mitsui Tru has invested 0% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). 19,568 were reported by Raymond James Fincl Advsr. 970,591 were reported by Impala Asset Mngmt Ltd.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Institutional Positions Chart

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