Aevitas Wealth Management Inc. Buys New Holdings in Abbott Laboratories (NYSE:ABT)

Carla Harmon
April 19, 2018

Commerce Bank sold 31,080 shares as the company's stock rose 5.88% while stock markets declined. The healthcare product maker reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.01. The company's revenue from the same quarter of the previous year was $6.34 billion.

Abbott Laboratories (NYSE:ABT) displayed a change of 1.59% after which it closed the day' session at $12.45. It has outperformed by 23.30% the S&P500.

Dupont Capital Management Corp increased its stake in Abbott Laboratories (ABT) by 74.17% based on its latest 2017Q4 regulatory filing with the SEC. Arosa Capital Management Lp who had been investing in Halliburton Co for a number of months, seems to be less bullish one the $45.60B market cap company. The institutional investor held 370,910 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $21.17 million, down from 378,910 at the end of the previous reported quarter. The company's Market capitalization is 11.75B with the total Outstanding Shares of 1.20B. The stock decreased 1.14% or $3.82 during the last trading session, reaching $332.24. About 3,685 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 41.90% since April 18, 2017 and is uptrending. It has outperformed by 36.62% the S&P500. It also increased its holding in Walgreens Boots Alliance Inc by 147,579 shares in the quarter, for a total of 150,679 shares, and has risen its stake in First Tr Exchange Traded Fd (FDN).

A statistical measure of the dispersion of returns (volatility) for ABT producing salvation in Investors mouth, it has week volatility of 1.36% and for the month booked as 2.20%. ABT's profit will be $1.01 billion for 25.55 P/E if the $0.58 EPS becomes a reality. 79 funds opened positions while 197 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Fcm Invs Tx invested in 0.05% or 600 shs. Cibc Ww Mkts holds 0.21% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:BLK). Bright Rock Capital Management Limited Liability Company has 1.12% invested in BlackRock, Inc. Fjarde Ap reported 111,177 shares. Pacad Investment Limited, a British Columbia - Canada-based fund reported 31,449 shares. 50,533 were accumulated by Granite Invest Ltd Liability Corp. Wilen Inv, Florida-based fund reported 85,821 shares. Arizona State Retirement Sys holds 549,083 shares or 0.31% of its portfolio. Hedeker Wealth Ltd Liability Company invested in 700 shares or 0.28% of the stock. (NYSE:GS). Mutual Of America Cap Lc reported 0.17% stake. Korea Inv holds 43,500 shares.


The stock exchanged hands with 3957348 numbers of shares contrast to its average daily volume of 0.88 shares. Eqis Mngmt holds 0.06% of its portfolio in Netflix, Inc. This's net activity of $28.95 million. PEDERSON MICHAEL J had sold 459 shares worth $27,213. KILGORE LESLIE J also sold $174,286 worth of Netflix, Inc. 12,977 shares were sold by Brown James S, worth $713,475 on Monday, January 22. (NASDAQ:TCRD) for 107,495 shares. Visa Inc., belongs to Financial sector and Credit Services industry. (NASDAQ:NFLX) or 83,335 shares.

Abbott shares fell 2.7 percent to trade at $58.22 mid-morning in NY.

Among 14 analysts covering Abbott Labs (NYSE:ABT), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. The firm has "Equal-Weight" rating by Morgan Stanley given on Tuesday, July 11. Guggenheim maintained the shares of ABT in report on Thursday, January 25 with "Buy" rating. (NYSE:URI) has "Hold" rating given on Tuesday, August 4 by Evercore. The stock of Hanesbrands Inc. Axiom Capital initiated Netflix, Inc. Axiom Capital has "Sell" rating and $80 target. (NYSE:BLK) rating on Friday, July 15. (NASDAQ:NFLX) has "Hold" rating given on Monday, September 21 by Mizuho. The firm has "Overweight" rating by JP Morgan given on Thursday, January 25. The stock of Abbott Laboratories (NYSE:ABT) earned "Overweight" rating by Barclays Capital on Thursday, April 20. The firm has "Hold" rating given on Thursday, January 18 by Barclays Capital.

ABT had 19 insider sales and 1 insider buy since October 23, 2017. The insider Funck Robert E sold $71,970. Shares for $1.56 million were sold by Salvadori Daniel Gesua Sive. About 8.22M shares traded or 14.37% up from the average.


Earnings per Share Details of "Company": The EPS of ABT is strolling at 1.04, measuring its EPS growth this year at 44.6%. Citigroup boosted their price objective on Abbott Laboratories from $59.00 to $64.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 30th.

Big Money Sentiment increased to 0.91 in 2017 Q4. Its up 0.04, from 0.87 in 2017Q3. The ratio increased due to ABT positioning: 52 sold and 558 reduced.

Other hedge funds have also made changes to their positions in the company. The share price was last seen 1.57% higher, reaching at $34.29 on 04/17/2018. State Common Retirement Fund owns 4.59M shares or 0.32% of their U.S. portfolio. One Natl Association has 26,855 shares for 0.1% of their portfolio. Jones Lllp owns 156,951 shares for 0.02% of their portfolio. Bokf Na, Oklahoma-based fund reported 42,453 shares. This was Abbott Laboratories' Established Pharmaceuticals division.

Combining the two types of research and analysis will give you a well rounded idea of how Abbott Laboratories (ABT) may perform into the future.


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