Apple Com (AAPL) Holding Held by Tompkins Financial Corp; Whittier Trust Co Has Trimmed Its 3M Co (MMM) Stake as Share Price Rose

February 13, 2018 - By Hazel Jackson

Tompkins Financial Corp increased its stake in Apple Inc Com (AAPL) by 17.89% based on its latest 2017Q3 regulatory filing with the SEC. Tompkins Financial Corp bought 9,862 shares as the company’s stock rose 12.78% with the market. The institutional investor held 64,985 shares of the computer manufacturing company at the end of 2017Q3, valued at $10.02 million, up from 55,123 at the end of the previous reported quarter. Tompkins Financial Corp who had been investing in Apple Inc Com for a number of months, seems to be bullish on the $825.47B market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $162.68. About 6.36 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 13, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Whittier Trust Co decreased its stake in 3M Co (MMM) by 11.56% based on its latest 2017Q3 regulatory filing with the SEC. Whittier Trust Co sold 25,850 shares as the company’s stock rose 7.02% with the market. The institutional investor held 197,701 shares of the medical and dental instruments company at the end of 2017Q3, valued at $41.50M, down from 223,551 at the end of the previous reported quarter. Whittier Trust Co who had been investing in 3M Co for a number of months, seems to be less bullish one the $137.04 billion market cap company. The stock increased 0.41% or $0.9382 during the last trading session, reaching $230.1282. About 516,713 shares traded. 3M Company (NYSE:MMM) has risen 18.59% since February 13, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Tompkins Financial Corp, which manages about $632.79 million and $422.29 million US Long portfolio, decreased its stake in Autozone Inc Com (NYSE:AZO) by 2,015 shares to 313 shares, valued at $186,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds S&P 500 Etf Shs (VOO) by 3,630 shares in the quarter, leaving it with 29,909 shares, and cut its stake in Altria Group Inc Com (NYSE:MO).

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Pennsylvania-based Covington Invest Advisors has invested 1.92% in Apple Inc. (NASDAQ:AAPL). New York-based Jpmorgan Chase & Com has invested 1.78% in Apple Inc. (NASDAQ:AAPL). Evanson Asset Mgmt Ltd invested in 131,071 shares. 1832 Asset Management Ltd Partnership accumulated 1.71 million shares. Carlson Ltd Partnership reported 68,663 shares. Train Babcock Advsrs Ltd Liability Company holds 7.73% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 89,894 shares. Mitchell Mgmt Com reported 3,139 shares. Citigroup holds 3.33M shares or 0.42% of its portfolio. Smithbridge Asset Management De, Pennsylvania-based fund reported 41,779 shares. 7,140 are owned by Carlson Capital Management. Alta Mngmt Ltd Limited Liability Company has 629,887 shares. Motley Fool Wealth Management Lc holds 1.38% in Apple Inc. (NASDAQ:AAPL) or 104,923 shares. Paragon Management Limited Liability Company holds 0.32% in Apple Inc. (NASDAQ:AAPL) or 6,101 shares. Emerald Advisers Pa, Pennsylvania-based fund reported 10,356 shares. Firsthand Cap Mngmt accumulated 0.62% or 4,500 shares.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 374 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Mizuho on Wednesday, October 12. The stock of Apple Inc. (NASDAQ:AAPL) earned “Overweight” rating by Pacific Crest on Wednesday, October 28. The rating was maintained by FBN Securities on Wednesday, August 2 with “Buy”. The rating was maintained by Tigress Financial with “Buy” on Monday, December 4. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, August 9. RBC Capital Markets has “Buy” rating and $17600 target. The rating was maintained by Goldman Sachs on Wednesday, October 26 with “Buy”. The firm has “Buy” rating given on Tuesday, September 19 by Drexel Hamilton. The firm has “Neutral” rating given on Monday, June 12 by Mizuho. Piper Jaffray maintained it with “Buy” rating and $200.0 target in Thursday, November 30 report. The firm earned “Buy” rating on Thursday, July 6 by Canaccord Genuity.

Since August 15, 2017, it had 0 buys, and 7 sales for $70.47 million activity. $2.65M worth of stock was sold by Riccio Daniel J. on Thursday, December 7. $1.01M worth of Apple Inc. (NASDAQ:AAPL) was sold by KONDO CHRIS on Tuesday, August 15. On Thursday, August 24 the insider COOK TIMOTHY D sold $43.15 million. SCHILLER PHILIP W sold $8.79 million worth of stock or 56,808 shares. $9.78 million worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3.

Whittier Trust Co, which manages about $2.74B US Long portfolio, upped its stake in Ishares S&P Midcap 400 Index (IJH) by 2,006 shares to 48,486 shares, valued at $8.67M in 2017Q3, according to the filing. It also increased its holding in Vanguard Emerging Market Equity Etf (VWO) by 26,326 shares in the quarter, for a total of 557,843 shares, and has risen its stake in Visa Inc Com Cl A (NYSE:V).

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.14, from 0.91 in 2017Q2. It turned negative, 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. Live Your Vision Limited Co has invested 0.02% in 3M Company (NYSE:MMM). Logan Cap Mngmt holds 5,380 shares or 0.08% of its portfolio. Nikko Asset Management Americas Incorporated holds 6,000 shares or 0.06% of its portfolio. Donaldson Mngmt Ltd Liability Com has 0.09% invested in 3M Company (NYSE:MMM) for 4,083 shares. Madison Invest Hldgs Incorporated has invested 0.38% of its portfolio in 3M Company (NYSE:MMM). Brinker Cap holds 3,679 shares or 0.03% of its portfolio. Philadelphia Tru holds 0.16% of its portfolio in 3M Company (NYSE:MMM) for 9,117 shares. 6,140 were reported by First Personal. Rowland & Inv Counsel Adv stated it has 0.56% of its portfolio in 3M Company (NYSE:MMM). Calamos Wealth Management Ltd Liability Corp invested in 0.05% or 1,634 shares. Texas-based Linscomb And Williams has invested 0.07% in 3M Company (NYSE:MMM). Richard Bernstein Advsrs Ltd Limited Liability Company reported 43,201 shares or 0.63% of all its holdings. Palladium Prtn Ltd Liability Corporation stated it has 0.16% in 3M Company (NYSE:MMM). Natl Bank Of The Ozarks reported 2,982 shares stake. First Bankshares Trust Of Newtown holds 1.49% or 25,221 shares.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 6 Hold. Therefore 44% are positive. 3M had 76 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 25 by RBC Capital Markets. The firm has “Buy” rating given on Friday, July 24 by UBS. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Jefferies on Tuesday, September 26. The rating was maintained by Morgan Stanley on Wednesday, March 30 with “Underweight”. On Wednesday, October 26 the stock rating was maintained by RBC Capital Markets with “Underperform”. The company was maintained on Thursday, January 25 by RBC Capital Markets. As per Friday, April 28, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Citigroup on Wednesday, July 26. Stifel Nicolaus maintained it with “Hold” rating and $245.0 target in Wednesday, December 13 report. Bank of America maintained 3M Company (NYSE:MMM) rating on Wednesday, October 25. Bank of America has “Buy” rating and $257 target.

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