Hamlin Capital Management LLC Trimmed Abbvie INC (ABBV) Stake by $38.07 Million

The hedge fund run by Christopher R. Hansen held 1.39 million shares of the television services company at the end of 2017Q3, valued at $45.38M, down from 1.55 million at the end of the previous reported quarter. The stock decreased 1.53% or $4.81 during the last trading session, reaching $310.42. It also increased its holding in Thermo Fisher Scientific Inc C (NYSE:TMO) by 7,335 shares in the quarter, for a total of 101,620 shares, and has risen its stake in Starbucks Corp Com (NASDAQ:SBUX). It has outperformed by 27.73% the S&P500.

JNBA Financial Advisors decreased its stake in shares of AbbVie Inc (NYSE:ABBV) by 12.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. Prudential Financial Inc sold 108,710 shares as the company's stock rose 6.17% with the market. The institutional investor held 199,464 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $17.72 million, down from 207,507 at the end of the previous reported quarter. Hamlin Capital Management Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $177.68 billion market cap company. Ffcm LLC now owns 1,539 shares of the company's stock valued at $111,000 after purchasing an additional 963 shares in the last quarter. About 18.84 million shares traded or 128.73% up from the average.

Shares of AbbVie Inc (ABBV) traded up $2.82 during trading on Friday, hitting $111.30. It has underperformed by 26.17% the S&P500.

Hillhouse Capital Management Ltd, which manages about $11.07B and $6.05 billion US Long portfolio, decreased its stake in Jd Com Inc (NASDAQ:JD) by 10.51 million shares to 56.40 million shares, valued at $2.15B in 2017Q3, according to the filing. It also increased its holding in Consolidated Edison Inc (NYSE:ED) by 8,918 shares in the quarter, for a total of 70,022 shares, and has risen its stake in Vanguard Index Fds (VTV).


Since September 11, 2017, it had 0 insider buys, and 5 sales for $25.59 million activity. On Thursday, December 14 Schumacher Laura J sold $14.07 million worth of AbbVie Inc. (NYSE:V) was sold by MATSCHULLAT ROBERT W on Wednesday, December 13. During the same quarter last year, the firm posted $1.20 earnings per share. sell-side analysts expect that AbbVie Inc will post 7.46 EPS for the current year.

Investors sentiment decreased to 1 in 2017 Q3. The company reported $1.42 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $0.02. It is negative, as 62 investors sold TMUS shares while 161 reduced holdings. 142 funds opened positions while 524 raised stakes. Marble Harbor Invest Counsel Limited Company reported 200,564 shares. The South Carolina-based Ccm Inv Advisers Lc has invested 2.37% in Visa Inc. Following the transaction, the senior vice president now directly owns 113,118 shares in the company, valued at $11,136,467.10. Janus Henderson Group PLC raised its holdings in shares of AbbVie by 1,949.7% in the 2nd quarter. Insight Research Mgmt accumulated 1.28% or 25,551 shares. Willingdon Wealth Mgmt has 18 shares. Cls Investments Limited Liability stated it has 0.06% of its portfolio in Visa Inc. (NYSE:ABBV) or 55,866 shares. State Treasurer State Of Michigan has 686,503 shares for 0.49% of their portfolio. Oppenheimer maintained the shares of TMUS in report on Thursday, July 20 with "Buy" rating. Pictet Cie (Europe) reported 15,454 shares stake. 279.18 million shares or 0.29% more from 278.36 million shares in 2017Q2 were reported. Tesla Motors Inc had 126 analyst reports since July 21, 2015 according to SRatingsIntel. Skoufalos Ioannis sold $266,273 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15. Therefore 81% are positive. Citigroup upgraded AbbVie Inc. Moreover, Meiji Yasuda Life Insur has 0.7% invested in AbbVie Inc. Jefferies Group now has a "Buy" rating and a $120.00 target price on the stock. (NYSE:ABBV) were released by: Seekingalpha.com and their article: "Premarket analyst action - healthcare" published on January 29, 2018 as well as Seekingalpha.com's news article titled: "AbbVie's Bright Future" with publication date: January 30, 2018. Morgan Stanley raised their price target on shares of AbbVie from $99.00 to $131.00 and gave the company an "equal weight" rating in a report on Tuesday, January 30th. AbbVie has an average rating of "Buy" and an average price target of $117.26. Credit Suisse downgraded the stock to "Neutral" rating in Monday, October 31 report. SunTrust has "Buy" rating and $105.0 target. The firm has "Outperform" rating by RBC Capital Markets given on Monday, February 22. JP Morgan upgraded Visa Inc. The rating was downgraded by Keefe Bruyette & Woods to "Hold" on Tuesday, October 10. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Therefore 48% are positive. As per Friday, November 17, the company rating was maintained by Cowen & Co. The rating was downgraded by JMP Securities on Friday, February 26 to "Mkt Perform". The firm has "Buy" rating given on Thursday, November 9 by Deutsche Bank. Vanguard Group Inc. now owns 115,920,673 shares of the company's stock valued at $8,405,409,000 after acquiring an additional 3,706,941 shares during the last quarter. The company was maintained on Friday, March 10 by Goldman Sachs. (NASDAQ:TSLA) has "Sell" rating given on Wednesday, October 4 by Standpoint Research. On Thursday, November 10 the stock rating was maintained by Pivotal Research with "Buy". The stock has "Hold" rating by Oppenheimer on Monday, January 8.

Investors of record on Friday, October 13th will be issued a $0.64 dividend. Its up 0.35, from 0.57 in 2017Q2.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 525 were reported by Kings Point Mngmt. Swarthmore Gp Inc Inc owns 3,625 shares.

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