• News
  • Money

The Bull Case for AbbVie Inc. (ABBV)

The firm owned 14,942 shares of the company's stock after buying an additional 754 shares during the period. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.04. Cowen & Co maintained AbbVie Inc. The stock decreased 0.27% or $0.31 during the last trading session, reaching $116.03. About 71,945 shares traded. AbbVie Inc. (ABBV) has risen 10.63% since February 2, 2017 and is uptrending. It has outperformed by 6.84% the S&P500.

Phill Gross increased its stake in Electronic Arts Inc (EA) by 6.51% based on its latest 2017Q3 regulatory filing with the SEC. The shares were sold at an average price of $98.45, for a total transaction of $8,569,088.00. They are projecting Next Quarter growth of 31%. Knowles Corp now has $1.32B valuation. Over the last three months, insiders have sold 476,376 shares of company stock worth $45,580,873. The shares were sold at an average price of $94.69, for a total transaction of $2,427,188.77. AbbVie Inc. (ABBV) has shown a upward trend during time of recent session. It has outperformed by 23.92% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q3. Its down 0.03, from 0.79 in 2017Q2. Shares for $4.69 million were sold by Docter Jan L. 72 funds opened positions while 218 raised stakes. Moreover, Waddell And Reed Financial has 0.81% invested in Comcast Corporation (NASDAQ:CMCSA) for 9.42M shares. Benedict Financial Advsr stated it has 20,185 shares. World Asset Mngmt reported 2,696 shares. RBC Capital Markets maintained the shares of AGU in report on Thursday, August 3 with "Buy" rating. Clean Yield Group Inc reported 9,583 shares. Synovus Fincl Corp invested in 0.28% or 165,777 shares. Bnp Paribas Arbitrage Sa holds 1.49M shares. American Bankshares owns 8,583 shares. Ontario Teachers Pension Plan Board invested 0.03% of its portfolio in Hologic, Inc.

Orbis Investment Management, which manages about $160.64M US Long portfolio, decreased its stake in Centennial Resource Dev Inc by 170,001 shares to 664,150 shares, valued at $11.94M in 2017Q3, according to the filing. Liberty Interactive Corp (NASDAQ:QVCA) was reduced too. (NYSE:ABBV). Boston Rech Mngmt reported 2.4% stake. Therefore 100% are positive. Comcast Corporation had 79 analyst reports since July 27, 2015 according to SRatingsIntel. Orbis Allan Gray Ltd now owns 12,704,919 shares of the company's stock valued at $921,233,000 after buying an additional 3,340,038 shares in the last quarter. Cowen & Co maintained AbbVie Inc. P/E ratio of the company is 28.26. The company has market cap of $20.86 billion. The firm has "Neutral" rating given on Thursday, July 20 by Credit Suisse. (NASDAQ:EA). Foundry Prns reported 0.04% of its portfolio in Electronic Arts Inc. Leerink Swann has "Buy" rating and $106.0 target. The stock has "Buy" rating by Jefferies on Monday, June 26. The company was maintained on Thursday, July 6 by Jefferies.

Since December 13, 2017, it had 0 buys, and 1 sale for $632,896 activity. (NASDAQ:AAPL) on Tuesday, August 15. (NYSE:ABBV) was sold by GONZALEZ RICHARD A on Monday, August 7. BURKE STEPHEN B had sold 190,756 shares worth $8.11 million on Friday, January 26. (NASDAQ:EA) on Thursday, December 14. Ivory Investment Management Lp acquired 11,491 shares as Hershey Co (HSY)'s stock rose 4.41%.

Among 21 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Abbvie Inc had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of AbbVie Inc. As per Monday, October 31, the company rating was downgraded by Credit Suisse. Mizuho maintained the shares of EA in report on Monday, June 12 with "Buy" rating. (NYSE:ABBV) earned "Overweight" rating by Morgan Stanley on Monday, November 2. (NYSE:AZO) rating on Tuesday, September 5. As per Monday, October 16, the company rating was maintained by SunTrust. The rating was maintained by Goldman Sachs with "Buy" on Friday, March 10.

Since August 3, 2017, it had 0 insider purchases, and 6 sales for $39.31 million activity.

In related news, EVP Michael Severino sold 25,633 shares of the firm's stock in a transaction dated Friday, November 10th. JACOBS M CHRISTINE had sold 1,083 shares worth $157,500 on Monday, August 21. More interesting news about AbbVie Inc. 1,500 shares valued at $179,303 were sold by Bruzzo Chris on Friday, September 1. COOK TIMOTHY D sold 268,623 shares worth $43.15 million.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.20, from 0.85 in 2017Q2. It is negative, as 55 investors sold ABBV shares while 640 reduced holdings. 65 funds opened positions while 194 raised stakes. 2,829 were accumulated by Driehaus Mgmt Lc. Ing Groep Nv has invested 0.11% in The Hershey Company (NYSE:HSY). (NYSE:ABBV) or 87,040 shares. (NASDAQ:HOLX). Marble Harbor Investment Counsel Limited Liability Company accumulated 10,000 shares. Gardner Russo And Gardner Ltd Liability Company holds 0.01% or 17,800 shares in its portfolio. Convergence Ptnrs stated it has 1.34% in AbbVie Inc. (NYSE:ABBV). Ubs Asset Management Americas Incorporated invested in 0.48% or 5.93M shares. (NYSE:ABBV). Oregon Public Employees Retirement Fund holds 170,485 shares or 0.24% of its portfolio. First Light Asset Ltd invested in 0.12% or 4,159 shares. (NYSE:ABBV) or 112,768 shares. Armstrong Henry H Associate owns 0.4% invested in AbbVie Inc. Raymond James initiated the shares of ABBV in report on Friday, September 2 with "Outperform" rating. Likewise, the upbeat performance for the last quarter was 2.42% and for the full year it was 0.50%. Bb&T Corp reported 0.01% of its portfolio in Exponent, Inc.

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 FREE daily email newsletter.

Leave Your Comment

Leave Your Comment

Latest News

  • Oil prices extend gains on compliance with output cuts

    Oil prices extend gains on compliance with output cuts

    Offshore oil projects authorized well before the oil bust began in 2014 are producing more oil from the deepwater Gulf of Mexico. New York's NYMEХ (New York Merchantile Exchange) is a United States futures market founded in 1882.
    Microsoft OneDrive Gets a New Look & Major New Features

    Microsoft OneDrive Gets a New Look & Major New Features

    This is particularly great if you composing an email and wish to paste documents that are sitting in your OneDrive cloud storage. Further, if you don't have a supporting application for the file, you'll be directed to the OneDrive app to preview the file.
  • Three soldiers killed as avalanche hits borer post in Machil

    Three soldiers killed as avalanche hits borer post in Machil

    Avalanches have caused some of the heaviest tolls for the Indian and Pakistani armies camping in the region. The Chief Minister has conveyed her sympathies to the families of dead soldiers.
    Five soldiers killed in French army helicopter crash

    Five soldiers killed in French army helicopter crash

    French Defense Minister Florence Parly who rushed to the incident site called the crash "a disaster" and " a tragedy". The Gazelle is a French five-seat helicopter, commonly used for light transport, scouting and light attack duties.
    12-year-old in custody after two shot at middle school

    12-year-old in custody after two shot at middle school

    Student Melanie Valencia, 13, said the school did a random security search Thursday, but that she's never been checked. Castro Middle School, the Los Angeles Police Department said. "Not safe, very insecure", Anzueto said of the school.
  • Investors Catching Stocks Exxon Mobil Corporation (XOM)

    Investors Catching Stocks Exxon Mobil Corporation (XOM)

    They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. How Company Returns Shareholder's Value? Family Firm has invested 0.54% in Exxon Mobil Corporation (NYSE:XOM).

    BJP stunned, as Congress sweeps Rajasthan Bypolls

    In Mandalgarh assembly constituency , Congress candidate Vivek Dhakad is ahead of his BJP rival by some 115 votes. TMC candidate Sunil Singh won by a margin of 63,018 as he polled almost 54% of all the votes cast.
    No change in petrol, diesel prices despite excise duty cut

    No change in petrol, diesel prices despite excise duty cut

    Opposition was quick to target the Finance Minister, accusing him of deceiving the public by his announcement of excise duty cuts. Consumers and tax analysts alike were expecting an excise duty cut in the Budget to offset the rising oil prices.
  • Tribunal overturns doping bans on 28 Russian athletes

    Tribunal overturns doping bans on 28 Russian athletes

    Rodchenkov, the former head of Moscow's anti-doping laboratory, is the source of revelations on Moscow's state-sponsored doping. Russian Olympic Committee President Alexander Zhukov said the CAS ruling had restored the "good name" of Russian athletes .
    Trump says Democrats are 'AWOL' on immigration

    Trump says Democrats are 'AWOL' on immigration

    Separately, a bipartisan group of senators has been meeting to gauge what kind of bill can attract broad support in the Senate. A key phrase Trump used on Tuesday was that our nation needs to bring immigration reform, "to the 21st century".

    American Airlines Group (AAL) Releases FY18 Earnings Guidance

    About 4.74M shares traded or 7.42% up from the average. $295,106 worth of 3M Company (NYSE:MMM) was sold by Hammes Eric D. The AAL also have attractive liquidity position, it has current ratio of 0.60 and quick ratio was calculated as 0.50.
  • Miami Heat guard Dragic gets All-Star call in place of Love

    Miami Heat guard Dragic gets All-Star call in place of Love

    This season, he's averaged 29.8 FanDuel points off 17.0 points, 4.1 rebounds, and 4.8 assists in 31.8 minutes a game. A spot became available due to an injury to Cleveland Cavaliers star Kevin Love , who has a hand injury.
    Warriors May Pursue LeBron James In Free Agency This Offseason

    Warriors May Pursue LeBron James In Free Agency This Offseason

    Sources have said that James is looking for a place with a winning culture and structure, boxes the Spurs organization checks. James has three championships now, and being a cog in the Warriors' wheel of dominance does not sound that appealing.
    Left alliance leader Oli calls on Swaraj

    Left alliance leader Oli calls on Swaraj

    Congratulating the UML on its electoral victory, Swaraj remarked that Nepal was getting a stable government after long. Swaraj during her interactions discussed ways to advance India's multi-dimensional and historic ties with Nepal.
  • Trump reportedly asked Rosenstein if he was 'on my team'

    Trump reportedly asked Rosenstein if he was 'on my team'

    Others reminded followers that Rosenstein is in charge of overseeing the Russian Federation investigation. A Justice Department spokeswoman declined to comment when reached by the Daily News Wednesday afternoon.
    Mel Gibson's 'Passion Of The Christ' is getting a sequel

    Mel Gibson's 'Passion Of The Christ' is getting a sequel

    Once again, Mel Gibson will direct Caviezel in the role, which he first hinted at while promoting 'Hacksaw Ridge' previous year . The screenwriter says that Gibson will treat the resurrection the same hard hitting way he did with The Passion of the Christ .
    Samsung Joins Bitcoin Mining Fray

    Samsung Joins Bitcoin Mining Fray

    " Samsung's foundry business is now engaged in the manufacturing of crypto-currency mining chips", Samsung told the BBC . Demand for these sorts of chips has constantly gone up as the valuation of cryptocurrencies continues to rise.

Breaking News


Girl in Slender Man stabbing gets maximum mental commitment

Geyser pleaded guilty in October to a first-degree attempted murder charge, which kept her from facing jail time. Thursday, Judge Michael Bohren sentenced Geyser to a maximum 40 years in a mental hospital.

'Bachelor' contestant was listed as a missing person

Quickly, someone commented that one of the missing wasn't really missing at all. " The Bachelor " airs Monday's at 8 p.m. on ABC. And like most 22 year olds would, Bekah let her mom - and Twitter - know she was safe and sound in the Bachelor mansion.

Shopian chalo: Restrictions, clashes in Shopian, Srinagar parts

A spokesman of Mirwaiz in Srinagar said that the leader will " defy " restrictions around his house and march towards Shopian. Reports said that all the lanes leading to Jamia masjid Shopian have been sealed by barricades and concertina wires.

Dow falls 354 points as interest rates shoot higher

UNDER THE WEATHER: Health care stocks, including several drugmakers, were among the biggest decliners for the second day in a row. Advanced Micro Devices (AMD) jumped more than 3% after reporting an across-the-board fourth-quarter beat late Tuesday.

UK, EU Brexit negotiators to meet in London on Monday

It targets to sign a free trade agreement with China, which is just one among the many nations on its list. The EU says that Britain's own red lines reduce the options on the table.

OnePlus 5T Gets Official Android Oreo Update

The company is testing gestures to navigate around the interface, a manner similar to what Apple uses in the iPhone X . The user has to swipe up from the bottom of the screen and pause to see the recently opened apps.

Rory McIlroy frustrated after failing to seal the deal in Dubai

McIlroy appeared to seize control on No 10 with a two-shot swing when McIlroy made birdie and Li made bogey. He needed just 24 putts to complete his round, and said: "It's going to be fun out there tomorrow".

Pregnant Chrissy Teigen Says She Knelt at Beyonce's Feet at Grammy Ceremony

Chrissy Teigen still gets starstruck over Beyoncé! "I was like 'Sorry to bother you my Queen , '" Teigen recalled. In November, Teigen and Legend told fans via Instagram they were expecting another baby.

Spartans rally again for win against Penn State

Bridges, in his second game back after missing seven contests with an ankle injury, managed just four points on 2 of 8 shooting. This is easily the Nittany Lions' toughest test of the season, but a Penn State win is not as unrealistic as some may think.

How major U.S. stock indexes fared on Wednesday

A central explanation for this could be investors are looking to add some hedging to their portfolios" as stocks continue to rise. Declining issues outnumbered advancing ones on the NYSE by a 3.39-to-1 ratio; on Nasdaq, a 1.75-to-1 ratio favoured decliners.