Delta Asset Management Lowered Its 3M Co (MMM) Position; Menta Capital Has Lifted Jetblue Airways (JBLU) Position By $305,426

May 24, 2018 - By George Granger

3M Company (NYSE:MMM) Logo

Delta Asset Management Llc decreased 3M Co (MMM) stake by 12.75% reported in 2017Q4 SEC filing. Delta Asset Management Llc sold 22,121 shares as 3M Co (MMM)’s stock declined 8.03%. The Delta Asset Management Llc holds 151,333 shares with $35.62 million value, down from 173,454 last quarter. 3M Co now has $117.95B valuation. The stock decreased 0.15% or $0.3 during the last trading session, reaching $198.67. About 2.74 million shares traded. 3M Company (NYSE:MMM) has risen 13.36% since May 24, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Menta Capital Llc increased Jetblue Airways Corp (JBLU) stake by 54.44% reported in 2017Q4 SEC filing. Menta Capital Llc acquired 13,883 shares as Jetblue Airways Corp (JBLU)’s stock declined 11.10%. The Menta Capital Llc holds 39,383 shares with $880,000 value, up from 25,500 last quarter. Jetblue Airways Corp now has $5.91 billion valuation. The stock decreased 1.16% or $0.22 during the last trading session, reaching $18.67. About 2.92M shares traded. JetBlue Airways Corporation (NASDAQ:JBLU) has declined 1.68% since May 24, 2017 and is downtrending. It has underperformed by 13.23% the S&P500.

More notable recent JetBlue Airways Corporation (NASDAQ:JBLU) news were published by: Seekingalpha.com which released: “Cloudy Skies Ahead For JetBlue” on May 18, 2018, also Seekingalpha.com with their article: “JetBlue Continues Trading At A Large Discount Despite 10% Revenue Growth” published on May 17, 2018, Fool.com published: “These Companies Gave Bonuses or Raises After Tax Reform” on May 24, 2018. More interesting news about JetBlue Airways Corporation (NASDAQ:JBLU) were released by: Fool.com and their article: “JetBlue Airways Closes in on a Pilot Contract” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “JetBlue Airways (JBLU) Names Joanna Geraghty President and COO” with publication date: May 18, 2018.

Since December 7, 2017, it had 0 buys, and 10 sales for $561,342 activity. 5,000 shares valued at $104,175 were sold by HNAT JAMES G on Thursday, February 1. Hayes Robin had sold 2,000 shares worth $42,100. Another trade for 3,000 shares valued at $69,000 was sold by St George Martin J. Chatkewitz Alexander had sold 3,000 shares worth $67,752 on Tuesday, March 13.

Menta Capital Llc decreased Bofi Hldg Inc (NASDAQ:BOFI) stake by 42,571 shares to 42,428 valued at $1.27 million in 2017Q4. It also reduced Houghton Mifflin Harcourt Co (NASDAQ:HMHC) stake by 34,610 shares and now owns 127,769 shares. Fifth Third Bancorp (NASDAQ:FITB) was reduced too.

Among 18 analysts covering Jetblue Airways (NASDAQ:JBLU), 5 have Buy rating, 1 Sell and 12 Hold. Therefore 28% are positive. Jetblue Airways had 55 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Thursday, April 12 by Morgan Stanley. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) earned “Overweight” rating by JP Morgan on Tuesday, January 30. The company was downgraded on Wednesday, December 21 by Raymond James. Evercore maintained the stock with “Hold” rating in Friday, September 4 report. The company was downgraded on Wednesday, July 26 by Buckingham Research. The stock has “Buy” rating by J.P. Morgan on Tuesday, January 30. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, October 13. JP Morgan upgraded JetBlue Airways Corporation (NASDAQ:JBLU) on Wednesday, January 25 to “Overweight” rating. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 25. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) earned “Neutral” rating by Credit Suisse on Wednesday, October 28.

Investors sentiment decreased to 0.72 in 2017 Q4. Its down 0.51, from 1.23 in 2017Q3. It is negative, as 44 investors sold JBLU shares while 127 reduced holdings. 41 funds opened positions while 82 raised stakes. 282.84 million shares or 0.36% more from 281.83 million shares in 2017Q3 were reported. Huntington National Bank & Trust reported 0% of its portfolio in JetBlue Airways Corporation (NASDAQ:JBLU). Wellington Shields Limited Liability Co holds 40,720 shares or 0.14% of its portfolio. Point72 Asia (Hong Kong) Limited invested in 1,013 shares. Ww Asset Mgmt stated it has 21,003 shares or 0.02% of all its holdings. Sg Americas Securities Limited Com has 0.02% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Rainier Invest Management Ltd Company has 132,900 shares for 1.26% of their portfolio. Schroder Investment Mgmt Gp accumulated 12,400 shares. State Treasurer State Of Michigan has 0.02% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Texas-based Dimensional Fund Advsr Lp has invested 0.11% in JetBlue Airways Corporation (NASDAQ:JBLU). Neuberger Berman Group Inc Limited Liability invested in 0% or 33,104 shares. Compton Cap Management Ri owns 14,718 shares. Rhumbline Advisers has invested 0.03% in JetBlue Airways Corporation (NASDAQ:JBLU). Moreover, Franklin Inc has 0% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 86,173 shares. Quinn Opportunity Prtn Lc has 182,000 shares for 0.67% of their portfolio. Gateway Inv Advisers Ltd Liability Corporation reported 0.05% in JetBlue Airways Corporation (NASDAQ:JBLU).

Investors sentiment increased to 0.83 in Q4 2017. Its up 0.06, from 0.77 in 2017Q3. It increased, as 47 investors sold MMM shares while 635 reduced holdings. 147 funds opened positions while 416 raised stakes. 383.04 million shares or 1.04% less from 387.06 million shares in 2017Q3 were reported. Hartline Corporation accumulated 10,139 shares. Bnp Paribas Asset Hldgs Sa holds 102,211 shares or 0.21% of its portfolio. First Interstate Bancshares accumulated 812 shares. Tuttle Tactical Mngmt Limited Co owns 1,242 shares for 0.36% of their portfolio. Amica Mutual Insur holds 24,184 shares or 0.56% of its portfolio. Acropolis Management Limited Liability Co has 0.37% invested in 3M Company (NYSE:MMM) for 10,198 shares. Spectrum Asset Mngmt (Nb Ca) has invested 0.86% of its portfolio in 3M Company (NYSE:MMM). Quantres Asset Mngmt Ltd has invested 0.49% of its portfolio in 3M Company (NYSE:MMM). Moreover, Td Cap Mngmt Limited Liability Corp has 0.02% invested in 3M Company (NYSE:MMM). Rhumbline Advisers holds 1.13M shares. Victory Cap Mngmt Incorporated reported 30,158 shares or 0.01% of all its holdings. Lynch & Associates In stated it has 14,319 shares. Perritt Capital Mngmt Inc accumulated 0.17% or 2,653 shares. Hikari Tsushin accumulated 24,660 shares or 1.51% of the stock. Guyasuta Inv Advsr invested 0.14% in 3M Company (NYSE:MMM).

Since January 31, 2018, it had 0 insider purchases, and 16 sales for $30.99 million activity. Bauman James L had sold 8,834 shares worth $2.19M on Friday, February 2. Another trade for 225 shares valued at $56,178 was made by Vrohidis Ippocratis on Thursday, February 1. On Wednesday, January 31 THULIN INGE G sold $8.85M worth of 3M Company (NYSE:MMM) or 35,236 shares. On Thursday, February 1 the insider Shin Hak Cheol sold $1.68M. Keel Paul A sold $3.33 million worth of 3M Company (NYSE:MMM) on Thursday, February 1. Roman Michael F sold $1.02 million worth of 3M Company (NYSE:MMM) on Friday, February 2. 6,243 shares were sold by Vale Michael G., worth $1.54M.

More notable recent 3M Company (NYSE:MMM) news were published by: Livetradingnews.com which released: “3M Company (NYSE:MMM) Stock Worth Watching” on May 23, 2018, also Seekingalpha.com with their article: “Jefferies cautious on 3M amid rate, recession fears” published on May 16, 2018, Seekingalpha.com published: “3M Stumbles, And The Knives Come Out” on April 26, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Investorplace.com and their article: “Resistance Looms Large for 3M Co Stock — Short It!” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “3M: Buy On Earnings Dip?” with publication date: April 25, 2018.

JetBlue Airways Corporation (NASDAQ:JBLU) Institutional Positions Chart

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