Analyst Research and Recommendations: Abbott Laboratories (ABT), CytomX Therapeutics, Inc. (CTMX)

Days to cover decreased -1.0 to 2.0 and the short interest percentage is 0.01% as of October 31. Moreover, Rk Asset Management Llc has 3.72% invested in the company for 261,448 shares. It has underperformed by 6.07% the S&P500. Abbott Labs now has $96.26B valuation. Institutional investors and hedge funds own 70.64% of the company's stock. As of the end of the quarter Dimensional Fund Advisors Lp had sold 884,307 shares trimming its position 7.5%. Bokf who had been investing in Pentair Plc for a number of months, seems to be bullish on the $12.40B market cap company. About 19 shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since November 14, 2016 and is uptrending. It has underperformed by 0.80% the S&P500. Cornerstone Advsr reported 0.01% of its portfolio in Abbott Laboratories (NYSE:ABT). SYNT's profit will be $32.28M for 15.10 P/E if the $0.39 EPS becomes a reality. During the same quarter in the prior year, the business posted $0.54 EPS. It also reduced Vanguard (VTI) stake by 2,970 shares and now owns 4,465 shares. It dived, as 69 investors sold ABT shares while 545 reduced holdings.

Among 24 analysts covering Abbott Laboratories (NYSE:ABT), 14 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. On October 19, 2017 BMO Capital Markets kept a "Market Perform" rating on the company. The rating was downgraded by Goldman Sachs to "Neutral" on Friday, November 13. Recently, investment analysts covering the stock have updated the mean rating to 1.7. RBC Capital Markets maintained Abbott Laboratories (NYSE:ABT) on Friday, October 9 with "Outperform" rating. RBC Capital Markets maintained it with "Outperform" rating and $51 target in Friday, October 9 report. The rating was maintained by Wells Fargo on Thursday, September 28 with "Buy".

The Return on Invested Capital (aka ROIC) for Abbott Laboratories (NYSE:ABT) is 0.168704. Year to Date (YTD) performance of Abbott Laboratories (ABT) is 43.97 percent while its Performance (Week) is 0.53 percent and Performance (month) is at 1.19 percent. It dropped, as 40 investors sold ZTS shares while 247 reduced holdings. Grantham Mayo Van Otterloo And Co Ltd Liability Company accumulated 2.29M shares or 0.75% of the stock.

Shares of Abbott Laboratories (NYSE:ABT) opened at $55.30 on Tuesday. Coastline reported 20,512 shares. The legal version of this report can be read at markets/1892486/boston-financial-mangement-llc-lowers-stake-in-abbott-laboratories-abt.html. State Street invested in 0.33% or 76.96 million shares. 8,850 were accumulated by Lmr Prtnrs Limited Liability Partnership. National Planning invested in 0.1% or 26,732 shares. The ROIC Quality of Abbott Laboratories (NYSE:ABT) is 5.563729.

Ubs Asset Management Americas Inc raised its position in Abbott Laboratories shares by 180 shares as of the end of the last quarter. Lagoda Inv Lp holds 639 shares. Old Mutual Customised Solutions (Proprietary) Limited has 26,154 shares. Scotia Capital stated it has 257,865 shares. The legal version of this report can be accessed at 98,337 are held by Wealthtrust Fairport Limited Liability Co. The value of the position overall is up by 1.5%.

Stifel Nicolaus raised the price target on October 19 changing the forecast from $58.00 to $63.00 with a "Buy" recommendation. On Thursday, October 1 the stock rating was maintained by Wunderlich with "Hold". Abbott Laboratories had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Thursday, July 20 by BMO Capital Markets. (NYSE:LVLT) has "Equal-Weight" rating given on Wednesday, March 29 by Morgan Stanley. 0 analysts gave its stock an Outperform rating. The rating was reinitiated by Jefferies on Thursday, June 29 with "Buy". Dougherty & Company maintained Spectranetics Corp (NASDAQ:SPNC) rating on Friday, July 24. The rating was upgraded by TheStreet on Tuesday, August 11 to "Buy".

Since May 15, 2017, it had 0 buys, and 3 selling transactions for $15.71 million activity. Shares for $3.21M were sold by ALBAN CARLOS. HOGAN RANDALL J sold $14.53 million worth of stock. During the same period in the previous year, the company posted $0.59 EPS. research analysts anticipate that Abbott Laboratories will post 2.5 earnings per share for the current year.

Investors sentiment increased to 1 in 2017 Q2. Its up 0.37, from 1.02 in 2017Q1. The correct version of this news story can be read at

ILLEGAL ACTIVITY WARNING: "Groesbeck Investment Management Corp NJ Trims Stake in Abbott Laboratories (ABT)" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. Umb Financial Bank N A Mo reported 0.18% stake.

Lincluden Management Ltd holds 2.82% of its portfolio in Crescent Point Energy Corporation Ordinary Shares (Canada) for 4.15 million shares. Rothschild Asset, New York-based fund reported 22,406 shares. The value of the investment in (ABT) increased from $138,176,000 to $139,414,000 a change of 0.9% for the reporting period. Da Davidson has 140,666 shares. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 79,743 shares. (GS) exchanged hands at an unexpectedly low level of 1.84 million shares over the course of the day.

More notable recent AbbVie Inc (NYSE:ABBV) news were published by: which released: "Can AbbVie (ABBV) Spring a Surprise this Earnings Season?" on October 24, 2017, also with their article: "AbbVie: Another Spectacular Quarter From This Dividend Aristocrat" published on October 28, 2017, published: "AbbVie inks $225M neurodegenerative drug development deal with Alector" on October 24, 2017. The ex-dividend date is Thursday, October 12th. Tru Com Of Oklahoma holds 0% or 15,076 shares in its portfolio.

Related News:

  • Cohen & Steers Inc (NYSE:CNS): Institutional Investor Sentiment Up to 1.59

    Chevy Chase Trust Holdings Inc increased Unilever N V (NYSE:UN) stake by 83,894 shares to 387,972 valued at $21.44M in 2017Q2. Other large investors have also modified their holdings of the company. 238,756 shares of the company's stock traded hands.
    Russian accusation of US-ISIS cooperation based on computer game photo

    Russian accusation of US-ISIS cooperation based on computer game photo

    A joint US-Russian operation against ISIS like that mentioned in the Russian statement would also be out of the ordinary, he said.
    Transracial Filipino man says

    Transracial Filipino man says "I feel like I'm in my own skin"

    Or stay home, work on a sugar plantation, and be shot for organizing your fellow workers. Adam - sorry Ja Du - says he has always had a natural affinity with Filipino culture.
  • Senate approves Buhari's $5.5 billion external borrowing

    Senate approves Buhari's $5.5 billion external borrowing

    With the $3bn to be used for refinancing domestic debts, local lenders owed by the federal government may now expect to be paid. Nigeria's Senate on Tuesday approved a request by President Muhammadu Buhari to seek $5.5 billion in foreign loans.
    Nigeria vs Argentina: Super Eagles starting XI revealed

    Nigeria vs Argentina: Super Eagles starting XI revealed

    On Tuesday, Mikel will mark another landmark when he leads the Super Eagles out, this time , as substantive captain . The icon withdrew from the squad after La Albiceleste defeated Russian Federation 1-0 in Moscow on Saturday.
    Evidence of 'World's Oldest' Grape Wine Dug Up in Georgia

    Evidence of 'World's Oldest' Grape Wine Dug Up in Georgia

    The latest finds were published in the journal Proceedings of the National Academy of Sciences (PNAS). Love wine? A team of researchers found out just about how old the practice of wine-making is.
  • India's Idea Cellular posts quarterly loss; to sell tower unit

    Idea Cellular has posted a consolidated net loss of Rs 1,106.80 crore for the second quarter (July-September) of 2017-18 fiscal. The company said it has garnered almost 20.7 crore subscribers at the end of September which it said was 3.3% increase YoY.
    Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day

    Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day

    Of how he plans to make Children's Day celebration special for his kids, Saif said: "I think every day is Children's Day". Saif Ali Khan recently bought a Rs 1.3 crore Jeep. "He would also like the colour, so this vehicle will be for him".
    Telangana Cop Getting Massage from Woman Cop

    Telangana Cop Getting Massage from Woman Cop

    Deputy Inspector General of Police , Hyderabad Range, M Stephen Raveendra has confirmed the reports of the ASI's suspension. After the video went viral, the SP ordered a departmental enquiry by Additional SP Bhaskar.
  • Sun Pharma net profit falls 59% to Rs 912 crore in Q2

    Sun Pharma net profit falls 59% to Rs 912 crore in Q2

    Profit came in at Rs912 crore in the quarter ended 30 September, compared with Rs2,235 crore a year ago, the company said. The shares of Sun Pharmaceutical Industries closed today at Rs 526.15 on BSE, down 1.19 per cent from previous close.

    Over 15000 scientists issue warning to humanity

    There's also less fresh water available, and the human population has risen while the population for everything else has declined. This second warning letter comes as world leaders have been meeting for the past two weeks at the U.N.

    Vodafone says rebounds into first-half net profit

    FCF pre-spectrum is expected to exceed 5 billion euros, which was previously guided to be around 5 billion euros. Vodafone had taken an impairment of 5.0 billion euros on its Indian activities in the first half of 2016.

Most liked

More bidding on Buffalo Wild Wings?
Longbow Research upgraded Buffalo Wild Wings from an underperform rating to a neutral rating in a report on Thursday, July 6th. Credit Agricole S A purchased a new stake in Buffalo Wild Wings during the 1st quarter valued at approximately $424,000.

Tumhari Sulu: Here's why we are excited about Vidya Balan's film
But let's start with the most glaring one - the otherising of films centered around women need to stop now. Vidya Balan made her acting debut with TV show Hum Paanch .

Sri Lanka dream of first-ever Test victory on Indian soil
Rahane was seen playing a lot of sweep shots on Monday including the unorthodox reverse sweep against the spinners. Samaraweera spoke to each of them individually and they later headed for a shadow practice session.

Didier Drogba Confirms He Will Retire At The End Of The Season
He added, " At some point you have to stop". "I need time for my other projects". And it won't be long before Didier Drogba joins the esteemed list.

Digital growth drives 'positive' Q3 for Ladbrokes Coral's news article titled: "133.00" with publication date: November 04, 2016 was also an interesting one. Ladbrokes Coral Group PLC has a 12-month low of GBX 110.30 ($1.45) and a 12-month high of GBX 139.30 ($1.83).

US FDA approves first drug with digital ingestion tracking system
If a patient opts to allow it, the patient's caregivers and doctor can access the data online, too. Skin irritation at the site of the MyCite patch placement may also occur.

$70000 Raised For Cyclist Who Was Fired For Giving Trump The Finger
A GoFundMe account set up on behalf of Juli Briskman has raked in over $70,000 in donations since it was activated a week ago. Briskman thanked supporters writing, "I am not sure what the future holds, but I am buoyed by your support".

OnePlus accused of leaving a backdoor to give root access
A malicious app or malware that is built around this loophole would potentially be able to target OnePlus devices and wreck havoc. Following the allegations, OnePlus took some steps, and added the new "opt-in" option for the user experience program.

Childrens' toys can be hacked
This meant that during tests a hacker did not need a password, PIN code or any other authentication to get access. Spiral Toys declined to comment to Which? in relation to Toy-Fi Teddy and Cloud Pets.

Ronaldo asks to leave Real Madrid after two factors irk Portuguese star
But that the request was unequivocally rejected - and that has only worked to worsen the superstar's anger towards the club. Cristiano Ronaldo has chose to leave Real Madrid at the end of the season, according to reports in Spain .

Neil Ruddock states his emphatic prediction for Arsenal v Tottenham
Arsenal forward Danny Welbeck is expected to be fit for Saturday's north London derby but Olivier Giroud remains doubtful.

Yemen blockade: aid supplies stuck in Djibouti
Stocks of diesel and petrol are running out in parts of Yemen because of the blockade, while the prices of basic goods have skyrocketed.

Body found in Tampa neighborhood where 3 others fatally shot
Although he is not thought to be a suspect, officials believe the person of interest might have been within range of the murder. The killings began on October 9, when 22-year-old Benjamin Mitchell was shot and killed in front of his home, CNN reported .

Taylor Swift Performs 'New Year's Day' on 'Tonight Show'
I could see Jimmy silhouetted at his desk dabbing his eyes with a tissue. Gloria Fallon died "peacefully" on 4 November in hospital in NY .

Old £10 Note Cut-Off Date Revealed By The Bank Of England
Old notes can still be spent before this cut-off date and exchanged at the Bank once this point has passed. The Jane Austen notes have a number of features built in that make them particularly hard to forge.