Shares of 3M Company (MMM) Sees Large Inflow of Net Money Flow

3M Company (MMM) traded with a cut of -0.19 points or -0.11% at $174.63 per share. As per the last available information, the stock aggregated $34.14 million in upticks and $22.83 million in downticks, keeping the net money flow capped at $11.31 million. The up/down ratio was found to be 1.5. For the week, the shares has seen a change of -1.61% in the share price.A block trade of $13.85 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $13.85 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

3M Company has lost 0.88% in the last five trading days and dropped 1.9% in the last 4 weeks. 3M Company is up 6.65% in the last 3-month period. Year-to-Date the stock performance stands at -1.9%. 3M Company (NYSE:MMM) rose 0.2% or 0.35 points on Wednesday and made its way into the gainers of the day. After trading began at $175.17 the stock was seen hitting $175.8 as a peak level and $174.3 as the lowest level. The stock ended up at $175.17. The daily volume was measured at 2,272,854 shares. The 52-week high of the share price is $182.27 and the 52-week low is $146.05. The company has a market cap of $104,529 million.

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Michael F Roman (Executive Vice President) sold 4,036 shares at 180.00 per share price.On Dec 8, 2016, Eric D. Hammes (VP, Corp Controller & CAO) sold 436 shares at 174.00 per share price.On Nov 18, 2016, Julie L Bushman (Senior Vice President) sold 10,424 shares at 173.01 per share price.

3M Co Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.87. The company had revenue of $7329.00 million for the quarter, compared to analysts expectations of $7338.29 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 25, 2017 to Hold, Raises Price Target to $ 190 from a previous price target of $187 .Company shares were Reiterated by Stifel on Dec 14, 2016 to Hold, Raises Price Target to $ 186 from a previous price target of $175 .Company shares were Upgraded by RBC Capital Mkts on Dec 7, 2016 to Sector Perform, Raises Price Target to $ 171 from a previous price target of $155 .3M Co was Downgraded by Goldman to Sell on Nov 21, 2016.

3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products.


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