Investor Research Report on AbbVie Inc. (ABBV)

Alicia Farmer
February 7, 2018

The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.04. First Quadrant LP who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $179.38 billion market cap company. The stock decreased 1.08% or $1.18 during the last trading session, reaching $108.33. The shares were sold at an average price of $96.71, for a total value of $14,072,272.10. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 7, 2017 and is uptrending.

Fulton Bank increased its stake in 3M Co (MMM) by 13.3% based on its latest 2017Q3 regulatory filing with the SEC.

In the past 5 years, the stock showed growth of 16.83% per annum. Ffcm LLC now owns 1,539 shares of the company's stock valued at $111,000 after purchasing an additional 963 shares during the last quarter. Wealthfront Inc has invested 0.08% in AbbVie Inc. The stock increased 0.99% or $0.001775 during the last trading session, reaching $0.181675. It is the same, as 24 investors sold CMC shares while 61 reduced holdings. only 27 funds opened positions while 56 raised stakes. It is down 0.00% since February 7, 2017 and is. It has outperformed by 33.53% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2.

Several other large investors have also recently added to or reduced their stakes in ABBV.

Capital Investment Advisors Llc decreased Ishares Mtg Real Estate Capped (REM) stake by 9,515 shares to 195,503 valued at $9.16 million in 2017Q3. The company beat the analyst EPS Estimate with the difference of $0.02. Millennium Management stated it has 0.02% of its portfolio in Ball Corporation (NYSE:BLL). Palisade Cap Management Limited Liability Corporation Nj invested in 0.12% or 38,315 shares. Fairview Invest Mgmt Ltd Company holds 3,561 shares or 0.02% of its portfolio. (NYSE:CRM). Moreover, Jaffetilchin Inv Ptnrs has 0.09% invested in Salesforce.com, inc. First has 132,055 shares.

Salient Trust Company Lta, which manages about $835.50 million US Long portfolio, upped its stake in Helmerich & Payne Inc (NYSE:HP) by 10,500 shares to 14,500 shares, valued at $756,000 in 2017Q3, according to the filing. Alps Advisors holds 12,473 shares or 0.01% of its portfolio. 238,583 were reported by Ig Invest Limited. Baystate Wealth Management Ltd Liability invested in 0.06% or 3,802 shares. Liberty Mutual Gp Asset Mngmt has 26,701 shares. During the same quarter previous year, the business posted $1.20 earnings per share. Mayo Advisers Limited Liability holds 7,508 shares. City Co, West Virginia-based fund reported 41,986 shares. Oregon Pub Employees Retirement Fund reported 0.02% in InterDigital, Inc.

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It increased, as 17 investors sold GNW shares while 77 reduced holdings. 56 funds opened positions while 114 raised stakes. Also, there are 1 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.87 average brokerage recommendation.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. The stock showed decline in half yearly performance of -49.60% and maintained weak performance for the year at -70.72%. Commercial Metals had 36 analyst reports since August 17, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was maintained by Jefferies with "Buy". The firm has "Buy" rating by SunTrust given on Monday, October 16. The stock has "Neutral" rating by Citigroup on Monday, November 28. (NASDAQ:IDCC) has "Buy" rating given on Wednesday, January 10 by FBR Capital. (NYSE:ABBV) has "Hold" rating given on Tuesday, March 15 by Deutsche Bank. The company has an average rating of "Buy" and an average target price of $117.26. It also reduced its holding in Extended Stay Amer Inc (NYSE:STAY) by 1.25 million shares in the quarter, leaving it with 5.17 million shares, and cut its stake in Aon Plc (NYSE:AON).

Since August 8, 2017, it had 1 buy, and 98 selling transactions for $73.31 million activity. $1.30M worth of The Coca-Cola Company (NYSE:KO) was sold by RIVERA ALFREDO. About 396,768 shares traded or 37.62% up from the average.

In looking at volatility levels, the shares saw weekly volatility of 4.49% and 3.13% over the past month. Another trade for 6,782 shares valued at $261,823 was made by HAYES JOHN A on Friday, January 5.

Among new and sold out positions, 130 holders initiated new positions by a total of 4.52 million shares and 68 holders exited their positions by a total of 5.13 million shares. Therefore 48% are positive. AbbVie Inc has a 52 week low of $60.05 and a 52 week high of $125.86. The shares were sold at an average price of $94.69, for a total transaction of $2,427,188.77.

AbbVie Inc. on 12/30/2017 reported its EPS as $1.28 with the analysts projecting the EPS of the stock as $1.26. The stock has "Hold" rating by Credit Suisse on Thursday, July 20. The ex-dividend date was Wednesday, July 12th.

ABBV has been the topic of a number of analyst reports. The firm has "Hold" rating by BMO Capital Markets given on Wednesday, October 11. The third largest holder is Blackrock Inc., which now holds $11.36 billion worth of this stock and that ownership represents almost 6.44% of its market capitalization. (NYSE:ABBV) on Tuesday, October 18 with "Mkt Perform" rating. Walter & Keenan Consulting Company Mi Adv has 1.44% invested in AbbVie Inc. On Thursday, September 28 the insider Michael Robert A. sold $589,512. Lau Limited accumulated 13,079 shares or 0.9% of the stock.

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