Abbott Laboratories (ABT) Stake Lowered by Macquarie Group Ltd.

The institutional investor held 251,269 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $11.16 million, down from 259,999 at the end of the previous reported quarter. South State Corp who had been investing in Avalonbay Communities Inc for a number of months, seems to be bullish on the $23.23B market cap company. About 270,909 shares traded. Net profit margin of Abbott Laboratories (ABT) was recorded at 8.4 percent, operating profit margin was 7.9 percent, while gross profit margin stands at 54.7 percent. It has outperformed by 6.37% the S&P500.

Blackhill Capital Inc increased its stake in Abbott Labs Com (ABT) by 1.66% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 200,000 shares of the technology company at the end of 2017Q3, valued at $34.17 million, down from 292,600 at the end of the previous reported quarter. North Star Asset Management Inc who had been investing in Abbott Labs for a number of months, seems to be less bullish one the $102.23 billion market cap company.

On Friday, Shares of Abbott Laboratories (NYSE: ABT) expressed a change of -0.19% and closed its trade at $58.84. The institutional investor owned 7,791 shares of the healthcare product maker's stock after selling 1,996 shares during the period.

Public Employees Retirement Association of Colorado grew its position in Abbott Laboratories (NYSE:ABT) by 12.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.


The stock now shows its YTD (Year to Date) performance of 3.1 percent, whereas its Weekly performance stands at -0.25%. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Therefore 48% are positive. Owens-Illinois Inc had 44 analyst reports since July 31, 2015 according to SRatingsIntel. Janus Henderson Group PLC now owns 7,874,473 shares of the healthcare product maker's stock worth $382,779,000 after purchasing an additional 7,647,798 shares in the last quarter. (NASDAQ:FB) has "Buy" rating given on Thursday, November 5 by Deutsche Bank. Needham maintained it with "Buy" rating and $115 target in Thursday, July 30 report. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that ABT is a Strong buy, which implies that ABT is expected to outperform the market based on prior trading patterns. Citigroup initiated the shares of ABT in report on Thursday, August 17 with "Hold" rating. The rating was maintained by Credit Suisse on Monday, April 18 with "Outperform". The firm has "Buy" rating given on Thursday, April 28 by UBS.

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.41, from 0.86 in 2017Q2. It turned negative, as 53 investors sold FB shares while 618 reduced holdings. 81 funds opened positions while 368 raised stakes. Royal National Bank Of Scotland Grp Public Ltd Com invested in 13,044 shares. (NASDAQ:FB). Moreover, Mairs And Pwr has 0% invested in Facebook, Inc. Moody State Bank Division accumulated 15,653 shares. 3,400 are held by Systematic Fincl Mgmt Limited Partnership. Ballentine Partners Lc has 0.23% invested in Facebook, Inc. Following the transaction, the executive vice president now directly owns 142,082 shares in the company, valued at $7,986,429.22. High Pointe Management Ltd Liability owns 41,050 shares for 1.45% of their portfolio. Gilder Gagnon Howe Ltd Liability Corp holds 4.59% in Facebook, Inc. Plancorp has invested 0.1% of its portfolio in Facebook, Inc. About 223,680 shares traded. Hartnett John R. sold $1.01 million worth of stock. If the $7.39 price target is reached, the company will be worth $2.20M more. $2.59 million worth of Facebook, Inc. (NASDAQ:FB) shares with value of $6.53 million were sold by Schroepfer Michael Todd. Wehner David M. sold $2.59M worth of stock or 15,470 shares. Its up 0.17, from 0.7 in 2017Q2. The investor is now holding $42.98 million shares due in part to a decrease of 21381 new shares in their portfolio. Dimensional Fund Advisors LP increased its stake in shares of Abbott Laboratories by 28.6% in the 2nd quarter. American Intl owns 51,104 shares. The stock of Abbott Laboratories (NYSE:ABT) has "Hold" rating given on Monday, July 10 by BMO Capital Markets. Stratos Wealth Partners Limited has invested 0.16% in Abbott Laboratories (NYSE:ABT). Finally, Evanson Asset Management LLC increased its stake in Abbott Laboratories by 0.4% in the third quarter. Zurich Insurance Group Ltd FI now owns 240,866 shares of the healthcare product maker's stock worth $11,708,000 after purchasing an additional 5,790 shares during the last quarter. Appleton Ma owns 0.19% invested in Abbott Laboratories (NYSE:ABT) for 20,781 shares. Mufg Americas invested 0.57% of its portfolio in Abbott Laboratories (NYSE:ABT). 21,687 are owned by Coastline Trust. Sheets Smith Wealth Mngmt holds 0.27% or 20,382 shares. Salient Trust Lta holds 202,632 shares or 1.29% of its portfolio. Stewart Patten Limited Liability owns 302,826 shares or 2.95% of their USA portfolio. Barclays reissued a "buy" rating and issued a $66.00 target price on shares of Abbott Laboratories in a research report on Monday, January 8th. Therefore 72% are positive. Abbott Laboratories's payout ratio is presently 92.56%. Finally, Morgan Stanley raised Abbott Laboratories from an "equal weight" rating to an "overweight" rating and set a $67.00 target price for the company in a research note on Tuesday, January 2nd. The firm has "Buy" rating by Jefferies given on Tuesday, October 10. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, October 19. The firm has "Neutral" rating given on Friday, October 6 by JP Morgan.

In other Abbott Laboratories news, insider Daniel Gesua Sive Salvadori sold 28,319 shares of the business's stock in a transaction on Thursday, December 14th. Jefferies maintained the stock with "Buy" rating in Tuesday, October 10 report. Peavine Cap Ltd Limited Liability Company holds 0.63% in Abbott Laboratories (NYSE:ABT) or 21,600 shares. Guggenheim has "Buy" rating and $68.0 target.

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