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 https://www.dispatchtribunal.com/2017/11/14/pacer-advisors-inc-acquires-3103-shares-of-abbott-laboratories-abt.html. 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 https://weekherald.com/2017/11/14/abbott-laboratories-abt-expected-to-announce-quarterly-sales-of-7-38-billion-2.html.

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: Nasdaq.com which released: "Can AbbVie (ABBV) Spring a Surprise this Earnings Season?" on October 24, 2017, also Seekingalpha.com with their article: "AbbVie: Another Spectacular Quarter From This Dividend Aristocrat" published on October 28, 2017, Seekingalpha.com 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.

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