Economy

The Value of Abbott Laboratories (NYSE:ABT) Underpriced by 11.2%?

Abbott Laboratories (ABT) stock price rose 38.28 percent over the past one year, while increased 23.51 percent during the past 6 months. It has underperformed by 0.80% the S&P500.

Ing Groep Nv decreased Abbott Labs (ABT) stake by 83.14% reported in 2017Q2 SEC filing. While it's Return on Investment (ROI) value is 6.7%. Silicon Motion Technology Corp now has $1.73 billion valuation. Riggs Asset Managment Inc invested in 0.03% or 1,296 shares. Reliance Steel & Aluminum Co (NYSE:RS) has risen 0.13% since November 2, 2016 and is uptrending. It has outperformed by 4.76% the S&P500.

More notable recent Abbott Laboratories (NYSE:ABT) news were published by: Chicagotribune.com which released: "Recent buyout woes won't curb Abbott's deal-making appetite" on October 06, 2017, also Nasdaq.com with their article: "See Which Of The Latest 13F Filers Holds Abbott Laboratories" published on October 27, 2017, Investorplace.com published: "Abbott Laboratories (ABT) a Buy on Solid Sales Growth" on October 24, 2017. Therefore 58% are positive. According to these analysts, the Low Revenue Estimate for Abbott Laboratories is 7.22 Billion and the High Revenue Estimate is 7.51 Billion. The stock has a consensus rating of "Buy" and an average target price of $56.81. As per Thursday, April 20, the company rating was maintained by Barclays Capital.

Abbott Laboratories (ABT) closed its previous trading session at $54.37 with the gain of 0.69%. On Friday, July 21 the stock rating was maintained by Argus Research with "Buy". Barclays PLC reissued an "overweight" rating on shares of Abbott Laboratories in a report on Thursday, October 19th. Tcw Group Inc invested 0.01% in Abbott Laboratories (NYSE:ABT). As per Friday, November 4, the company rating was initiated by Seaport Global. The company was upgraded on Monday, December 7 by Jefferies. Barclays Capital maintained the shares of ABT in report on Thursday, October 19 with "Overweight" rating.

Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.28, from 1.02 in 2017Q1.

Several large investors have recently modified their holdings of ABT. 102 funds opened positions while 441 raised stakes. Segall Bryant Hamill Ltd Liability has 0.39% invested in Abbott Laboratories (NYSE:ABT) for 342,112 shares. Watkin Jared also sold $26,482 worth of Abbott Laboratories (NYSE:ABT) on Thursday, June 15. 4,141 were accumulated by Legacy Private Communications. Farmers Tru, a Ohio-based fund reported 41,110 shares. Flossbach Von Storch Ag invested 7.62% of its portfolio in Abbott Laboratories (NYSE:ABT). Following the sale, the insider now owns 196,467 shares of the company's stock, valued at approximately $8,841,015. Huntington Bankshares owns 750 shares for 0% of their portfolio. Us Fincl Bank De invested in 3.24 million shares. Verition Fund Mgmt Limited Company stated it has 0.19% of its portfolio in Reliance Steel & Aluminum Co (NYSE:RS). Point72 Asia (Hong Kong) holds 1,172 shares or 0.06% of its portfolio. Heritage Wealth Advsrs holds 4,115 shares or 0.1% of its portfolio. The Stralem & Co Inc holds 377,755 shares with $18.36 million value, down from 399,310 last quarter. Stockholders of record on Friday, October 13th will be given a $0.265 dividend.

Since June 15, 2017, it had 0 buys, and 1 insider sale for $26,482 activity. It worsened, as 44 investors sold Nasdaq Inc shares while 153 reduced holdings.

Mairs & Power Inc decreased Merck & Co Inc (NYSE:MRK) stake by 5,023 shares to 85,121 valued at $5.46M in 2017Q2. For the long-term approach of trading or also can for short period of time, 200 days MA can also help to get idea about trading, ABT has 14.33% which indicates Bullish trends and this can also make isolating trends easier. Caterpillar Inc Del (NYSE:CAT) was raised too. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Therefore 0 are positive. Silicon Motion had 33 analyst reports since July 28, 2015 according to SRatingsIntel. The company operates in the Healthcare sector with a market capitalization of 94.01 Million. The rating was initiated by Bank of America on Friday, August 19 with "Buy". The stock has "Buy" rating by Roth Capital on Tuesday, October 24. Standpoint Research maintained it with "Hold" rating and $58 target in Sunday, August 9 report. The stock has "Overweight" rating by Pacific Crest on Tuesday, January 3. RBC Capital Markets maintained the stock with "Hold" rating in Monday, September 11 report. The firm has "Neutral" rating given on Tuesday, September 22 by UBS. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. The company was downgraded on Wednesday, September 20 by Sidoti.



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