Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids , natural gas, and refined products in the United States and Canada. The company has market cap of $16.34 billion. The Company’s Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. It has a 24.9 P/E ratio. As of December 31, 2016, this segment owned and leased 19,200 miles of active crude oil and NGL pipelines and gathering systems; 31 million barrels of active and above-ground tank capacity; 810 trailers; 120 transport and storage barges; and 60 transport tugs.
Btim Corp increased 3M Co (MMM) stake by 3.76% reported in 2017Q3 SEC filing. Btim Corp acquired 16,838 shares as 3M Co (MMM)’s stock rose 7.02%. The Btim Corp holds 464,690 shares with $97.54 million value, up from 447,852 last quarter. 3M Co now has $142.82 billion valuation. The stock decreased 0.32% or $0.78 during the last trading session, reaching $239.79. About 1.87M shares traded. 3M Company (NYSE:MMM) has risen 18.59% since January 9, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.
Among 15 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. 3M had 70 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, August 14 report. The company was maintained on Thursday, December 14 by Jefferies. As per Monday, October 5, the company rating was maintained by Barclays Capital. The rating was upgraded by Barclays Capital to “Overweight” on Monday, October 24. As per Friday, September 25, the company rating was upgraded by Credit Suisse. Jefferies maintained 3M Company (NYSE:MMM) rating on Thursday, June 1. Jefferies has “Buy” rating and $23400 target. The firm has “Buy” rating by Citigroup given on Monday, October 9. The firm has “Hold” rating given on Tuesday, August 25 by Deutsche Bank. Stifel Nicolaus maintained 3M Company (NYSE:MMM) rating on Wednesday, December 14. Stifel Nicolaus has “Hold” rating and $186 target. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, December 13.
Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.14, from 0.91 in 2017Q2. It worsened, 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. Davidson And Garrard accumulated 5,560 shares. Bryn Mawr holds 1.31% or 110,115 shares in its portfolio. Price T Rowe Assoc Md holds 0.05% or 1.34M shares in its portfolio. Westpac Bk has 128,299 shares. Aviva Public Limited Company stated it has 573,365 shares or 0.65% of all its holdings. Rdl holds 7,746 shares. North Star Inv Mgmt Corp, Illinois-based fund reported 10,929 shares. Griffin Asset holds 1.05% or 27,576 shares in its portfolio. Independence Trust Co has 5.12% invested in 3M Company (NYSE:MMM). Regions Financial reported 579,609 shares. Johnson Investment Counsel accumulated 132,960 shares. Glenview Financial Bank Dept owns 6,052 shares. Barrington Strategic Wealth Mgmt Grp Limited Co owns 1,910 shares or 0.2% of their US portfolio. 1,554 were accumulated by Ssi Mngmt Inc. 60,000 are owned by Cv Starr And Inc Tru.
Since August 11, 2017, it had 0 insider purchases, and 8 selling transactions for $5.40 million activity. Lindekugel Jon T sold $92,023 worth of stock. THULIN INGE G had sold 6,823 shares worth $1.59 million on Friday, October 27. On Friday, October 27 Gangestad Nicholas C sold $936,291 worth of 3M Company (NYSE:MMM) or 4,004 shares. 1,428 shares were sold by Hammes Eric D., worth $295,106. Another trade for 2,348 shares valued at $547,377 was sold by Fong Ivan K. Shares for $560,200 were sold by Little Frank R Jr.. Keel Paul A also sold $1.02 million worth of 3M Company (NYSE:MMM) on Friday, August 11.
Btim Corp decreased Intl Business Machines Corp (NYSE:IBM) stake by 6,070 shares to 23,725 valued at $3.44M in 2017Q3. It also reduced Moodys Corp (NYSE:MCO) stake by 2,685 shares and now owns 22,590 shares. Autoliv Inc (NYSE:ALV) was reduced too.
Ratings analysis reveals 75% of Plains All American’s analysts are positive. Out of 8 Wall Street analysts rating Plains All American, 6 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $30.0 while the high is $37.0. The stock’s average target of $34.25 is 52.02% above today’s ($22.53) share price. PAA was included in 8 notes of analysts from September 9, 2016. As per Thursday, October 13, the company rating was upgraded by Piper Jaffray. The rating was upgraded by Wells Fargo on Wednesday, October 5 to “Outperform”. The firm earned “Mkt Perform” rating on Friday, September 9 by FBR Capital. The firm earned “Overweight” rating on Friday, December 9 by JP Morgan. Howard Weil maintained it with “Sector Outperform” rating and $36.0 target in Monday, October 10 report. The firm earned “Outperform” rating on Tuesday, January 31 by Robert W. Baird. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Neutral” rating given on Monday, January 30 by Mizuho. Morgan Stanley upgraded Plains All American Pipeline, L.P. (NYSE:PAA) on Tuesday, October 4 to “Overweight” rating.
The stock increased 1.08% or $0.24 during the last trading session, reaching $22.53. About 2.83M shares traded. Plains All American Pipeline, L.P. (PAA) has risen 11.50% since January 9, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.
Analysts await Plains All American Pipeline, L.P. (NYSE:PAA) to report earnings on February, 6. They expect $0.43 earnings per share, up 207.14% or $0.29 from last year’s $0.14 per share. PAA’s profit will be $311.84M for 13.10 P/E if the $0.43 EPS becomes a reality. After $0.21 actual earnings per share reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts 104.76% EPS growth.
Rr Advisors Llc holds 7.92% of its portfolio in Plains All American Pipeline, L.P. for 2.76 million shares. C V Starr & Co Inc owns 70,000 shares or 6.9% of their US portfolio. Moreover, Alps Advisors Inc has 5.1% invested in the company for 33.96 million shares. The Texas-based Center Coast Capital Advisors Lp has invested 4.81% in the stock. Trust Asset Management Llc, a Texas-based fund reported 570,771 shares.