Published: Sun, October 29, 2017
Health Care | By Alberto Manning

AbbVie Inc. (NYSE:ABBV) Analyst watchlist


To assess the reasonability of ABBV's earnings growth per share, we should look at its most recent growth rate delivered.

Among 3 analysts covering Mitel Networks (NASDAQ:MITL), 1 have Buy rating, 1 Sell and 1 Hold. Oppenheimer & reported 0.46% of its portfolio in AbbVie Inc (NYSE:ABBV). Capital Research Global Investors now owns 152,718,713 shares of the company's stock worth $9,439,710,000 after buying an additional 76,593,054 shares during the last quarter. Finally, Goldman Sachs Group, Inc. RBC Capital Markets maintained the shares of EGRX in report on Tuesday, May 10 with "Outperform" rating. As per Monday, July 17, the company rating was maintained by Deutsche Bank. They set an "outperform" rating and a $95.00 price target for the company.

AbbVie Inc. (NYSE:ABBV) touched its 1-Year High price of $98.26 on 10/20/17 and its 1-Year Low price of $55.06 on 10/28/16. Following the completion of the sale, the insider now directly owns 144,138 shares in the company, valued at approximately $9,368,970. The firm has a market capitalization of $93.80 billion, a price-to-earnings ratio of 15.57 and a beta of 1.50. The firm's 50-day moving average price is $62.56 and its 200 day moving average price is $62.86.

Skba Capital Management Llc decreased Abbvie Inc (ABBV) stake by 53.44% reported in 2017Q2 SEC filing. The Return on Equity ratio of AbbVie Inc. The firm had revenue of $7 billion for the quarter, compared to analysts' expectations of $7 billion.

Net income was $1.63 billion compared to net income of $1.60 billion in the same period of the year prior. Breaking that down further, it has performed -4.34% for the week, 3.34% for the month, 31.50% over the last quarter, 38.28% for the past half-year and 49.58% for this previous year.

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Investors and Traders continue to monitor technical levels of shares of AbbVie Inc.

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The company also notes that its Board of Directors have approved increasing its quarterly cash dividend to 71 cents per share from 64 cents per share. Stockholders of record on Friday, January 13th will be given a dividend of $0.64 per share. AbbVie yields 2.9%, vs. 1.9% for Abbott. The ex-dividend date is Wednesday, January 11th. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years. Also, VP Robert A. Michael sold 6,699 shares of the firm's stock in a transaction dated Thursday, September 28th.

Stock exchanges work according to the invisible hand of supply and demand, which determines the price where stocks are bought and sold. Prudential owns 0% invested in Circassia Pharmaceuticals PLC (LON:CIR) for 28,247 shares. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Richard A. Gonzalez sold 193,131 shares of AbbVie stock in a transaction that occurred on Monday, August 7th. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price. In the last ninety days, insiders sold 379,890 shares of company stock worth $27,187,817. Bkd Wealth Advsrs Ltd Liability owns 15,238 shares or 0.13% of their USA portfolio. Acropolis Investment Management LLC bought a new stake in shares of AbbVie during the second quarter valued at approximately $106,000. The company has experienced volume of 2,456,629 shares while on average the company has a capacity of trading 1.08M share. Fundx Invest Grp Lc holds 0.56% of its portfolio in AbbVie Inc (NYSE:ABBV) for 19,000 shares. Hudock Capital Group LLC increased its holdings in shares of AbbVie by 109.5% in the second quarter. The share last price represents downtick move of -6.60% in value from company's 52-Week high price and shows 66.67% above change in value from its 52-Week low price. The stock now has Monthly Volatility of 2.17% and Weekly Volatility of 2.53%. Modera Wealth Management Ltd Llc owns 3,744 shares. The company has its outstanding shares of 41.98M. Jabre Capital Partners Sa who had been investing in Twitter Inc for a number of months, seems to be bullish on the $16.00B market cap company.

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