AbbVie Inc. (ABBV) Position Reduced by Mairs & Power INC

BlackRock Inc. now owns 94,074,962 shares of the company's stock valued at $6,821,375,000 after acquiring an additional 1,864,418 shares during the last quarter. About 31.18 million shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since January 13, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Princeton Portfolio Strategies Group Llc decreased Abbvie Inc (ABBV) stake by 4.44% reported in 2017Q3 SEC filing. 6,699 AbbVie Inc. (NYSE:ABBV) shares with value of $589,512 were sold by Michael Robert A. Aperio Group LLC now owns 865,283 shares of the company's stock valued at $76,889,000 after purchasing an additional 37,333 shares during the last quarter. Evanson Asset Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $900.87 billion market cap company.

The counter witnessed a trading volume of 0.62 million shares versus an average volume of 0.63 million shares during last trading session. About 87.08 million shares traded or 7.11% up from the average.

AbbVie (NYSE:ABBV) last announced its quarterly earnings results on Friday, January 27th. It has underperformed by 4.85% the S&P500. Atlantic Securities initiated AbbVie Inc. The company reported $1.41 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.02. ABBV's profit will be $2.28 billion for 17.54 P/E if the $1.43 EPS becomes a reality. UBS downgraded AbbVie Inc.

Since July 31, 2017, it had 0 insider purchases, and 8 sales for $45.57 million activity. Schumacher Laura J sold $14.07M worth of AbbVie Inc. Michael Robert A. had sold 6,699 shares worth $589,512 on Thursday, September 28. $8.57M worth of stock was sold by RICHMOND TIMOTHY J. on Monday, December 18. Gosebruch Henry O sold 18,300 shares worth $1.66 million. 8,300 shares were sold by SALEKI-GERHARDT AZITA, worth $705,655.

Investors sentiment decreased to 0.85 in Q3 2017. (NASDAQ:OVAS), its shares were trading at $1.11 a retreat of $0, on the trading floor.

England wins toss, bowls in 1st ODI vs Australia
However, Ali got his revenge shortly afterwards, with Finch holing out to Jonny Bairstow at deep mid-wicket. Adil, Liam and Moeen Ali, to a certain extent, have been brilliant.

Bookies bet on Federer to retain his Australian Open title
The big features of the women's draw is that the top seed and world No.1, Simona Halep still hasn't won a Grand Slam title. In a separate rule change created to get matches started more quickly, warm-up times will be strictly enforced.

Israel carries out air strike in Gaza Strip, closes crossing
Palestinian authorities say a Gaza fisherman died a day after Egyptian naval forces shot him off the coast. The military released photos and video of a wide tunnel with concrete paneled walls.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Regent Limited Co stated it has 12,958 shares. Citigroup upgraded AbbVie Inc. (NYSE:T). Rhumbline Advisers accumulated 10.86M shares. Dimensional Fund Advisors Lp reported 1.42M shares or 0% of all its holdings. Live Your Vision Lc has 83 shares for 0% of their portfolio. Pittenger Anderson Inc reported 9,860 shares. Bollard Group LLC increased its stake in shares of AbbVie by 0.4% in the third quarter. (NYSE:ABBV). 117.95M are held by Vanguard Gru. (NYSE:ABBV). State Street owns 0.52% invested in AbbVie Inc. (NYSE:ABBV) for 9,889 shares. (NYSE:ABBV). 1832 Asset Mgmt Limited Partnership has invested 0% in AbbVie Inc. (NYSE:ABBV). Vestor Ltd Llc owns 8,175 shares. The fund owned 55,866 shares of the company's stock after selling 30,161 shares during the quarter. The institutional investor held 131,071 shares of the computer manufacturing company at the end of 2017Q3, valued at $20.20M, down from 158,166 at the end of the previous reported quarter. Outfitter Advsrs invested in 0.16% or 5,041 shares. Barometer Capital Management has invested 1.79% in AbbVie Inc. (NYSE:ABBV). Moreover, Woodstock has 1.58% invested in AbbVie Inc. Stockholders of record on Friday, January 12th will be given a dividend of $0.71 per share. Haverford Finance Svcs accumulated 12,780 shares.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 52% are positive. The firm earned "Buy" rating on Thursday, October 26 by TD Securities. The rating was maintained by Credit Suisse on Wednesday, June 7 with "Hold". (NYSE:ABBV) has "Buy" rating given on Wednesday, July 22 by SunTrust. The stock has "Market Perform" rating by BMO Capital Markets on Thursday, November 16. Deutsche Bank maintained AbbVie Inc. (NYSE:ABBV) rating on Wednesday, October 11. The rating was maintained by BMO Capital Markets with "Hold" on Wednesday, October 11. The firm earned "Hold" rating on Friday, July 21 by CFRA. Ifrah Fincl stated it has 1.55% of its portfolio in Apple Inc. (NYSE:ABBV) on Tuesday, September 5 with "Hold" rating.

Security National Bank Of So Dak increased its stake in At & T Inc (T) by 82.55% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced Colgate Palmolive Co (NYSE:CL) stake by 6,499 shares and now owns 25,994 shares. E Trade Financial Corp (NASDAQ:ETFC) was raised too.

Investors sentiment increased to 0.7 in Q3 2017. Its down 0.15, from 1 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 103 funds opened positions while 367 raised stakes. 279.18 million shares or 0.29% more from 278.36 million shares in 2017Q2 were reported. 27,903 are owned by Cap Advsrs Ok. Morgan Stanley holds 0% or 41,230 shares. (NYSE:ABBV) or 8,300 shares. 33,489 were accumulated by Zacks Investment Mgmt. Matarin Mngmt Limited Liability Com invested in 40,042 shares. Cypress Asset Mngmt Tx holds 20,583 shares or 0.39% of its portfolio. Following the completion of the sale, the senior vice president now owns 113,118 shares of the company's stock, valued at approximately $11,136,467.10. Sterling Capital Mgmt Ltd Liability Corporation reported 0.33% of its portfolio in Apple Inc. Point72 Asia (Hong Kong) Ltd reported 1,695 shares stake.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. AbbVie's revenue was up 6.0% compared to the same quarter previous year. MA's profit will be $1.19 billion for 36.23 P/E if the $1.12 EPS becomes a reality. After having $0.63 EPS previously, T-Mobile US, Inc.'s analysts see -47.62% EPS growth. Shares for $712,540 were sold by Haythornthwaite Richard on Monday, October 2. Northern Trust Corporation invested in 2.37 million shares. Shares for $2.01 million were sold by Vosburg Craig on Thursday, September 21.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related:

  • Wells Fargo & Co (WFC) Stake Lowered by Lyell Wealth Management LP

    Baird reissued a "buy" rating and set a $58.00 price target on shares of Wells Fargo & Co in a report on Friday, October 6th. Baystate Wealth Mgmt Limited Liability Corporation stated it has 1,637 shares. 51,588 were reported by Roundview Capital Lc.
    Coast Guard rescues five from Lake Erie ice floe

    Coast Guard rescues five from Lake Erie ice floe

    Officials said a search revealed an open area of water nearly four metres in diameter where they believed the man fell through. The man was found roughly 2.5 km from shore in poor visibility with fog down to the surface.
    Will the GOP ever stand up to Trump's naked bigotry?

    Will the GOP ever stand up to Trump's naked bigotry?

    On Saturday morning, Trump took to Twitter to slam the Democrats over the controversy: "The Democrats are all talk and no action". But aside from that word, what the president said was a big, big deal, something that can't be ignored.
  • Syed Mushtaq Ali Trophy: Hyderabad, Karnataka embroiled in controversy

    Syed Mushtaq Ali Trophy: Hyderabad, Karnataka embroiled in controversy

    Sagun Kamat battled along, but the skipper's 41 came off 42 deliveries and never threatened to hurt Tamil Nadu. Talking about the matter, Rayudu said, "There was some confusion in the middle at the start of our innings".
    Ferrell, Bryant, Joseph, Fields all returning for Clemson defense

    Ferrell, Bryant, Joseph, Fields all returning for Clemson defense

    Wide receivers Deon Cain and Ray-Ray McCloud, strong safety Van Smith and offensive guard Taylor Hearn all will turn professional. Earlier this week All-American offensive tackle Mitch Hyatt announced that he would return for his senior year.
    NBA Wrap: Curry returns to tame Raptors

    NBA Wrap: Curry returns to tame Raptors

    But there just wasn't enough time as Toronto's rally came up just short in a 127-125 Golden State win . The Warriors earned their 12th straight road win, improving their road record to 19-3 this season.
  • Unstoppable skier Mikaela Shiffrin wins fourth race in a row

    Unstoppable skier Mikaela Shiffrin wins fourth race in a row

    Only two other Americans - Vonn with four and Phil Mahre with three - have won more than two overall World Cup titles. Only Austrian standout Annemarie Moser-Proell won more races (41) at that age.

    Steginsky Capital LLC Boosts Stake in Costco Wholesale Co. (COST)

    Ranger Investment Management Lp bought 109,309 shares as the company's stock declined 4.05% while stock markets rallied. PORTERA JOSEPH P also sold $1.93 million worth of Costco Wholesale Corporation (NASDAQ: COST ) on Tuesday, October 24.
    Ed Sheeran and Dua Lipa dominate Brit Award nominations

    Ed Sheeran and Dua Lipa dominate Brit Award nominations

    The British Group category has five contenders: Gorillaz, London Grammar, Royal Blood, Wolf Alice and The xx. Steve Mac has already been announced as victor of the Best British Producer award.
  • Trump Extends Sanctions Waiver On Iran For Another 90 Days

    Trump Extends Sanctions Waiver On Iran For Another 90 Days

    The administration accuses Larijani of being responsible for the violent crackdown on dissidents in Iran during recent protests . Iranian foreign ministry says it will not accept any changes to nuclear deal after Trump's latest threat to withdraw .
    Manchester United Given Major Boost In Alexis Sanchez Pursuit

    Manchester United Given Major Boost In Alexis Sanchez Pursuit

    There has been speculation over the futures of both players, with Real Madrid said to be interested in them. They are offering Arsenal £40 million including Henrikh Mkhitaryan .
    Tomic lashes out after AO qualifying failure

    Tomic lashes out after AO qualifying failure

    But another chance soon followed and Tomic, who hit a high of 17 in the world only two years ago, will now see his ranking fall further.

Comments

Latest news

DACA renewal requests are being accepted again after federal judge's ruling
Trump gave Congress six months to find a way to allow immigrant approved for the DACA program to remain in the US permanently. Alsup said the reasoning to end the program was based on a misinterpretation of the law and voided the president's decision.

Volcanic ash triggers evacuation in Philippines, 'hazardous eruptions' feared
The institute advised people near ashfall to cover their noses and mouths with a damp, clean cloth or dust mask. Photo of Mayon Volcano covered with thick clouds on the right side and grayish ashes at the left side.

Trump issues ultimatum to 'fix' Iran nuclear deal
These penalties largely cut Iran out of the worldwide financial system, until they were suspended by Obama under the nuclear deal.

YouTube Execs Open Up About Logan Paul's Future on Site
Paul is one of the platform's biggest stars, with Forbes magazine estimating he earned US$12.5 million previous year . YouTube said on Twitter this week that critics were right to be frustrated by its initial lack of response.

Watsco Inc Expected to Earn FY2017 Earnings of $5.57 Per Share (WSO)
The stock of The Bank of Nova Scotia (NYSE:BNS) has "Buy" rating given on Friday, August 28 by Canaccord Genuity. (KRO). The stock of The Bank of Nova Scotia (NYSE:BNS) earned "Outperform" rating by RBC Capital Markets on Wednesday, May 31.

Amphenol Corp (NYSE:APH) Institutional Investors Sentiment Index Flat in Q3 2017
It is positive, as 32 investors sold APH shares while 193 reduced holdings. 122,500 are held by Art Advsrs Limited Liability Com. Orca Investment Management Llc bought 77,447 shares as the company's stock declined 1.97% while stock markets rallied.

Chesapeake Energy Corporation (NYSE: CHK)
The investment professionals in our partner's database now hold: 575.42 million shares, down from 577.13 million shares in 2017Q2. ValuEngine upgraded shares of Chesapeake Energy from a "hold" rating to a "buy" rating in a research note on Monday, October 2nd.

Bill Murray Guest Stars on 'Saturday Night Live' as Steve Bannon
Three Billboards Outside Ebbing, Missouri actor Sam Rockwell hosted the episode, which featured Halsey as the musical guest. After the mock Brzezinski expressed her outrage and asked what wasn't' included in the book, she quickly got her answer.

Transformer fire at Newark Airport sparks partial terminal evacuation
The official said that there was no report of any casualty and the operation to douse the fire was on. The airport said the power was out for approximately two hours - until about 1.20pm local time.

Lakers Could Have Interest In David Fizdale
He signed to a two-way contract October 18 and appeared in five games. "We just weren't able to stop them". Dorsey, a native of Pasadena, the Oregon Duck was drafted as the 41st overall pick out of the 2017 draft.

1B Gonzalez reportedly agrees to deal with Mets
It was the fewest games of playing time he saw since 2005, when he was a member of the Texas Rangers. He hit.242 with a.287 on-base percentage, a.355 slugging percentage, three homers and 30 RBIs.

GSA Capital Partners LLP Boosts Stake in Henry Schein, Inc. (HSIC)
Among 32 analysts covering Bank of America ( NYSE:BAC ), 21 have Buy rating, 0 Sell and 11 Hold. (NASDAQ:HSIC) for 13,500 shares. Baird downgraded Henry Schein, Inc. $1.34M worth of Omeros Corporation (NASDAQ:OMER) shares were sold by Kelbon Marcia S.

Scholar offers historical context for president's alleged derogatory remarks
He also reportedly suggested that the United States should bring in more people from countries like Norway . One woman he interviewed said she might consider trying the American dream: "If they get a new president ".

Israel PM Benjamin Netanyahu to arrive on six-day India trip
In Mumbai, Prime Minister Netanyahu will meet Jewish community leaders and select members of the Indian business community. Prime Minister Narendra Modi had visited the Jewish state in July past year , becoming the first Indian premier to do so.

Teens Risk Their Lives With 'Tide Pod Challenge'
Even one of Tide's most prominent spokespersons, Patriots tight end Rob Gronkowski, has joined in the fight against the challenge. The stunt has sent at least 40 teens to the hospital so far this year.

Other news