Economy

Abbott Laboratories (NYSE:ABT) Shares Bought by Retirement Systems of Alabama

EGOV's SI was 7.60 million shares in October as released by FINRA. Cadence Capital Limited Liability Corp has 0.61% invested in Abbott Laboratories (NYSE:ABT) for 181,050 shares. The SI to Abbott Labs's float is 0.77%.

Many analysts are providing their Estimated Earnings analysis for Abbott Laboratories and for the current quarter 18 analysts have projected that the stock could give an Average Earnings estimate of $0.73/share.

Westwood Holdings Group Inc decreased Abbott Labs (ABT) stake by 2.28% reported in 2017Q2 SEC filing. It has underperformed by 0.80% the S&P500. Ww Asset Management Inc owns 0.27% invested in Abbott Laboratories (NYSE:ABT) for 163,865 shares. In the last ninety days, insiders have sold 410,313 shares of company stock worth $21,303,676. About shares traded. Invesco Ltd. (NYSE:IVZ) has risen 9.83% since October 27, 2016 and is uptrending.

Since June 15, 2017, it had 0 insider buys, and 1 insider sale for $26,482 activity. The shares were sold at an average price of $52.95, for a total value of $3,307,257.00.

Tenneco Inc.is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The Firm designs, makes and distributes highly engineered products for both original equipment vehicle manufacturers and the fix and replacement markets, or aftermarket, across the world. It has a 9.97 P/E ratio. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Teradyne had 32 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with "Hold" on Monday, July 3. On Tuesday, September 22 the stock rating was initiated by UBS with "Neutral". On Wednesday, October 7 the stock rating was maintained by Jefferies with "Buy". The stock of Rolls-Royce Holding PLC (ADR) (OTCMKTS:RYCEY) has "Underperform" rating given on Tuesday, December 8 by Bernstein.

Investors of record on Friday, October 13th will be paid a $0.265 dividend. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 1.5%. It is negative, as 69 investors sold ABT shares while 545 reduced holdings. Dimensional Fund Advisors LP raised its holdings in Abbott Laboratories by 28.6% during the 2nd quarter. Jones Fin Lllp holds 155,788 shares or 0.02% of its portfolio. Gideon Cap has invested 0.87% in Teradyne, Inc. Metropolitan Life Insurance Co owns 840,284 shares for 0.28% of their portfolio. Johnson Investment Counsel Inc bought 19,801 shares as the company's stock declined 2.83% while stock markets rallied. Daniel Devine Company holds 5,335 shares or 0.21% of its portfolio. 390,396 are owned by Koch Indus Incorporated. Raymond James Fincl Advisors owns 0% invested in Invesco Ltd. (NYSE:IVZ) for 18,862 shares. It is positive, as 21 investors sold TER shares while 119 reduced holdings. Aviva Public Limited Com accumulated 1.07 million shares. About 5.16M shares traded or 128.32% up from the average. Zacks Investment Mgmt holds 0.03% or 37,215 shares. Jpmorgan Chase holds 0.2% or 17.96M shares in its portfolio. Rathbone Brothers Public Limited Com has invested 0.47% in Abbott Laboratories (NYSE:ABT). Therefore 71% are positive.

While looking at the Stock's Performance, Abbott Laboratories now shows a Weekly Performance of -0.93%, where Monthly Performance is 6.39%, Quarterly performance is 11.83%, 6 Months performance is 27.13% and yearly performance percentage is 38.84%. They now have $61.00 price target on the healthcare product maker's stock. Finally, Cowen and Company restated a buy rating on shares of Abbott Laboratories in a research report on Sunday, September 24th. Barclays Capital has "Overweight" rating and $36 target.

Abbott Laboratories (NYSE:ABT) issued an update on its fourth quarter earnings guidance on Wednesday morning. Deutsche Bank maintained the shares of IVZ in report on Thursday, June 16 with "Buy" rating. The firm has "Buy" rating given on Thursday, September 28 by Wells Fargo. Finally, Bank of America Corp. reissued a "buy" rating and issued a $50.00 target price on shares of Abbott Laboratories in a report on Friday, August 12th. Winfield Associates Inc. grew its holdings in shares of Abbott Laboratories by 3.9% in the 2nd quarter. The company was maintained on Thursday, April 20 by Barclays Capital. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, July 11.

Abbott Laboratories (Abbott) is engaged in the discovery, development, manufacture and sale of a line of healthcare products. The company has market cap of $96.41 billion. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products. The company's P/E (price to earnings) ratio is 45.74 and Forward P/E ratio of 19.68. Its Established Pharmaceutical Products include a range of branded generic pharmaceuticals manufactured around the world and marketed and sold outside the United States.

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