The institutional investor held 249,399 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $6.03 million, up from 18,060 at the end of the previous reported quarter. Private Trust Co who had been investing in Abbvie Inc. for a number of months, seems to be less bullish one the $161.42 billion market cap company. TRUE Private Wealth Advisors now owns 4,814 shares of the company's stock valued at $349,000 after buying an additional 27 shares during the last quarter. About 2.12 million shares traded.
Is AbbVie Inc. (NYSE:ABBV) Cheap From Peers? It has outperformed by 14.75% the S&P500.
Pillar Pacific Capital Management Llc increased its stake in Abbvie Inc (ABBV) by 48.86% based on its latest 2017Q3 regulatory filing with the SEC. Proficio Capital Partners LLC now owns 2,719 shares of the company's stock valued at $171,000 after buying an additional 43 shares during the last quarter. The hedge fund run by Deepak Gulati held 7,047 shares of the railroads company at the end of 2017Q3, valued at $817,000, down from 11,544 at the end of the previous reported quarter. Palouse Capital Management Inc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $158.83B market cap company. The stock decreased 0.05% or $0.045 during the last trading session, reaching $99.445. About 6.68M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since January 9, 2017 and is uptrending. It has underperformed by 6.07% the S&P500. Schwab Charles Inv Incorporated reported 1.61 million shares. The insider Guinn Max A sold $954,021. RICHMOND TIMOTHY J. had sold 87,040 shares worth $8.57M.
Investors sentiment decreased to 0.85 in 2017 Q3. The company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.02. As per Wednesday, November 2, the company rating was initiated by Deutsche Bank. 23 funds opened positions while 58 raised stakes. The original version of this piece can be viewed at https://baseballnewssource.com/markets/abbvie-inc-abbv-stake-decreased-by-goelzer-investment-management-inc/1820030.html. Great West Life Assurance Can reported 1.42 million shares. Schumacher Laura J sold $14.07 million worth of stock or 145,510 shares.
The collective rating of 2 for Globalstar, Inc. Regions Financial has invested 0% in Tri-Continental Corporation (NYSE:TY). Sigma Inv Counselors invested in 0.58% or 45,700 shares. Moreover, Tower Cap Ltd Company (Trc) has 0% invested in Tri-Continental Corporation (NYSE:TY). Summit Securities Grp Ltd Liability Corp, New York-based fund reported 9,400 shares. Bristlecone Advisors LLC acquired a new stake in shares of AbbVie in the 3rd quarter worth approximately $113,000. 8,320 are owned by Winslow Evans And Crocker. Sandy Spring Bank owns 109,578 shares. 200 were reported by Nelson Roberts Advsr. Mutual Of America Mgmt Limited Liability invested in 272,566 shares or 0.4% of the stock. 1,925 were accumulated by Country Club Na. Zacks Investment Research downgraded shares of AbbVie from a "buy" rating to a "hold" rating in a report on Friday. Therefore 57% are positive. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. Vetr downgraded shares of AbbVie from a "strong-buy" rating to a "buy" rating and set a $113.08 target price on the stock.in a report on Monday. The stock has "Hold" rating by Cowen & Co on Friday, July 28. The firm has " rating given on Monday, September 28 by Citigroup. The rating was maintained by SunTrust on Monday, October 16 with "Buy". (NYSE:ABBV) has "Market Perform" rating given on Thursday, November 16 by BMO Capital Markets. Finally, BMO Capital Markets set a $84.00 target price on shares of AbbVie and gave the stock a "hold" rating in a report on Wednesday, December 20th. The stock has "Underweight" rating by Morgan Stanley on Monday, August 24. The firm has "Hold" rating by Credit Suisse given on Wednesday, June 7. The firm has "Buy" rating given on Monday, December 7 by Jefferies.
Pictet And Cie (Europe) Sa stated it has 0.2% in AbbVie Inc. They expect $1.09 EPS, up 78.69% or $0.48 from last year's $0.61 per share. CCK's profit will be $106.07 million for 17.98 P/E if the $0.79 EPS becomes a reality. After having $-0.08 EPS previously, Cannae Holdings, Inc.'s analysts see -12.50% EPS growth.
Bulldog Investors Llc, which manages about $594.55 million and $344.83 million US Long portfolio, upped its stake in Delaware Enhanced Gbl Div & (NYSE:DEX) by 73,537 shares to 631,553 shares, valued at $7.49 million in 2017Q3, according to the filing. (NYSE:AVY) by 4,580 shares in the quarter, for a total of 9,907 shares, and has risen its stake in Amazon.Com (NASDAQ:AMZN). The firm's revenue was up 8.8% compared to the same quarter last year. analysts expect that AbbVie Inc will post 5.55 EPS for the current fiscal year. During the same quarter a year ago, the firm earned $1.21 EPS. ABBV's profit will be $2.28B for 17.68 P/E if the $1.43 EPS becomes a reality. The business's revenue was up 8.8% compared to the same quarter last year. sell-side analysts predict that AbbVie Inc will post 5.55 earnings per share for the current year.
Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 55 investors sold ABBV shares while 640 reduced holdings. Prudential Fincl accumulated 56,542 shares. Cubist Systematic Strategies Ltd Liability Corp owns 4,600 shares. (NYSE:ABBV). Shelton Mgmt has invested 0.88% in AbbVie Inc. Cove Street Capital Ltd Limited Liability Company invested in 0.01% or 1,500 shares. (NYSE:ABBV) by 0.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Tdam Usa has 2.2% invested in AbbVie Inc. (NYSE:ABBV) or 6,699 shares. Of the analysts surveyed by Reuters that track AbbVie Inc. Shares of ABBV have increased 9.95% in the past three monthswhile the S&P 500 has gained 3.84% in that time. South Dakota Invest Council stated it has 33,300 shares. 134,246 are owned by Ccm Advisers Limited Liability.
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