Genesee Valley Trust Company Has Cut Its 3M Company (MMM) Stake; Wayne Savings Bancshares (WAYN) Has 0.17 Sentiment

Wayne Savings Bancshares Inc (WAYN) investors sentiment decreased to 0.17 in Q3 2017. It’s down -1.16, from 1.33 in 2017Q2. The ratio dropped, as 4 hedge funds started new and increased positions, while 3 cut down and sold their equity positions in Wayne Savings Bancshares Inc. The hedge funds in our database now possess: 276,112 shares, down from 290,046 shares in 2017Q2. Also, the number of hedge funds holding Wayne Savings Bancshares Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 0 Increased: 2 New Position: 2.

Genesee Valley Trust Company decreased 3M Company (MMM) stake by 36.14% reported in 2017Q3 SEC filing. Genesee Valley Trust Company sold 2,840 shares as 3M Company (MMM)’s stock rose 7.02%. The Genesee Valley Trust Company holds 5,019 shares with $1.05M value, down from 7,859 last quarter. 3M Company now has $140.28 billion valuation. The stock increased 0.82% or $1.91 during the last trading session, reaching $235.57. About 2.21 million shares traded. 3M Company (NYSE:MMM) has risen 18.59% since March 8, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M has $275.0 highest and $135 lowest target. $232.40’s average target is -1.35% below currents $235.57 stock price. 3M had 79 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, January 25. Deutsche Bank upgraded the stock to “Buy” rating in Tuesday, February 13 report. The stock of 3M Company (NYSE:MMM) earned “Underperform” rating by RBC Capital Markets on Friday, July 24. The firm has “Outperform” rating given on Tuesday, March 15 by Credit Suisse. Stifel Nicolaus maintained 3M Company (NYSE:MMM) rating on Wednesday, December 13. Stifel Nicolaus has “Hold” rating and $245.0 target. The stock of 3M Company (NYSE:MMM) earned “Underweight” rating by JP Morgan on Wednesday, September 20. The stock has “Buy” rating by Citigroup on Wednesday, July 26. Barclays Capital maintained 3M Company (NYSE:MMM) on Friday, April 28 with “Buy” rating. The stock has “Buy” rating by Hilliard Lyons on Wednesday, January 24. The rating was maintained by Stifel Nicolaus on Wednesday, December 14 with “Hold”.

Analysts await 3M Company (NYSE:MMM) to report earnings on April, 24. They expect $2.53 EPS, up 17.13% or $0.37 from last year’s $2.16 per share. MMM’s profit will be $1.51 billion for 23.28 P/E if the $2.53 EPS becomes a reality. After $2.10 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 20.48% EPS growth.

Since October 27, 2017, it had 0 insider purchases, and 21 sales for $34.51 million activity. On Friday, October 27 Little Frank R Jr. sold $351,708 worth of 3M Company (NYSE:MMM) or 1,500 shares. $1.54M worth of 3M Company (NYSE:MMM) was sold by Vale Michael G.. On Thursday, February 1 Gangestad Nicholas C sold $419,846 worth of 3M Company (NYSE:MMM) or 1,681 shares. THULIN INGE G sold $1.37 million worth of stock. Fong Ivan K sold $547,377 worth of 3M Company (NYSE:MMM) on Friday, October 27. 7,473 shares were sold by Shin Hak Cheol, worth $1.86 million. Shares for $56,178 were sold by Vrohidis Ippocratis.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.06, from 0.77 in 2017Q2. It improved, 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. Mcdaniel Terry & reported 115,090 shares. Garrison Bradford Inc accumulated 4,000 shares. Fayerweather Charles reported 16,938 shares or 4.66% of all its holdings. Osher Van De Voorde Invest Mngmt reported 39,055 shares stake. Glg Ptnrs LP reported 8,000 shares. Teachers Retirement Sys Of The State Of Kentucky has 65,223 shares for 0.16% of their portfolio. Cranbrook Wealth Llc accumulated 755 shares or 0.07% of the stock. First Merchants reported 23,396 shares. Tokio Marine Asset Mgmt Ltd stated it has 22,388 shares or 0.71% of all its holdings. Pictet Asset Mngmt Ltd reported 1.12 million shares or 0.67% of all its holdings. Fairfield Bush stated it has 5,840 shares. Cleararc Cap, Ohio-based fund reported 16,027 shares. Punch & Associate Management holds 0.3% or 16,167 shares. Moreover, Palisades Hudson Asset Mngmt LP has 0.19% invested in 3M Company (NYSE:MMM). Peddock Capital Advsrs Ltd Liability Corporation owns 4,000 shares.

Genesee Valley Trust Company increased Federated Government Money Mkt Obligs Tr stake by 2.75M shares to 3.02 million valued at $3.02 million in 2017Q3. It also upped Adobe Sys Inc. (NASDAQ:ADBE) stake by 3,694 shares and now owns 20,078 shares. United Technologies Corp (NYSE:UTX) was raised too.

It closed at $18.6 lastly. It is up 39.43% since March 8, 2017 and is uptrending. It has outperformed by 22.73% the S&P500.

Wayne Savings Bancshares, Inc. operates as the unitary thrift holding firm for Wayne Savings Community Bank that provides a range of consumer and business financial services to individuals, business, and other organizations in the United States. The company has market cap of $50.33 million. The firm accepts consumer and commercial deposits comprising checking, savings, money market accounts, term certificate of deposit, and individual retirement accounts. It has a 16.46 P/E ratio. It also originates one-to-four family residential real estate, multi-family residential, commercial, and nonresidential real estate loans, as well as non-real estate, secured commercial, consumer, and construction loans.