Were Analysts Bearish AbbVie Inc (NYSE:ABBV) This Week?

About 29,737 shares traded. (NYSE:CF) has declined 0.63% since June 22, 2016 and is downtrending. It has underperformed by 9.69% the S&P500.

Guinness Asset Management Ltd increased Abbvie Inc (ABBV) stake by 38.77% reported in 2016Q4 SEC filing. Eventide Asset Management Llc acquired 5,200 shares as Abbvie Inc (ABBV)'s stock rose 6.17%. The Paloma Partners Management Company holds 46,050 shares with $1.29M value, up from 34,245 last quarter.

B & T Capital Management Dba Alpha Capital Management increased its stake in Cf Inds Hldgs Inc (CF) by 12.54% based on its latest 2016Q4 regulatory filing with the SEC.

It closed at $6.65 lastly.

Shares of AbbVie Inc. It has underperformed by 6.07% the S&P500. During the same period in the previous year, the business earned $1.15 earnings per share. The insider Gurnani Roger sold $543,385. Delphi Management Ma stated it has 1.38% in AbbVie Inc (NYSE:ABBV). The stock of Sterling Bancorp (NYSE:STL) has "Outperform" rating given on Wednesday, September 30 by RBC Capital Markets. On Tuesday, February 14 the insider Skiadas Anthony T sold $603,134.

Investors sentiment decreased to 0.98 in Q4 2016. The company has an Average True Range (ATR) value of 0.86, while a Beta Value of 1.54. PA raised its stake in AbbVie by 0.6% in the fourth quarter. Tower Rech Capital Limited Company (Trc) holds 0% of its portfolio in Sterling Bancorp (NYSE:STL) for 300 shares. Mirae Asset Glob Invests holds 86,232 shares or 0.12% of its portfolio. Ahl Prns Llp stated it has 34,513 shares or 0.06% of all its holdings. Sector Pension Board holds 92,379 shares. Ig Invest Management Ltd holds 1.46% in Verizon Communications Inc. 5,132 shares were sold by Michael Robert A., worth $335,068 on Friday, March 10. Nadler Fincl Grp Inc holds 11,354 shares or 0.26% of its portfolio. Miller Mngmt LP holds 0.1% or 4,740 shares. (NYSE:VZ) for 4,978 shares. Commonwealth Limited Liability owns 7,186 shares or 0.43% of their United States portfolio. Davis-Rea Ltd bought 14,068 shares as the company's stock rose 14.16% with the market. 952,746 were reported by Geode Capital Mgmt Ltd. Alps Advsr Inc, Colorado-based fund reported 6,185 shares. Finally, Goldman Sachs Group, Inc. Therefore 10% are positive. The stock presently has a consensus rating of "Buy" and a consensus target price of $73.27. The firm has "Buy" rating given on Tuesday, August 11 by TheStreet. (NYSE:VZ) on Friday, October 16 with "Neutral" rating. The firm has "Overweight" rating by Morgan Stanley given on Monday, November 2. The rating was maintained by FBR Capital on Friday, May 5 with "Hold".

10/31/2016 - AbbVie Inc. was downgraded to " by analysts at Credit Suisse.

Since February 28, 2017, it had 0 insider buys, and 10 insider sales for $28.02 million activity. Sonata Cap Group Incorporated Inc invested 0.23% of its portfolio in AbbVie Inc (NYSE:ABBV). Peery Blane W. had sold 1,061 shares worth $89,304 on Wednesday, May 31. Country Club Trust Company n.a. now owns 4,434 shares of the company's stock worth $289,000 after buying an additional 26 shares in the last quarter.

More news: Nancy Pelosi is beside the point

AbbVie (NYSE:ABBV) last announced its earnings results on Thursday, April 27th. $2.50M worth of stock was sold by CHASE WILLIAM J on Thursday, May 18.

Among 18 analysts covering Abbvie Inc (NYSE:ABBV), 7 have Buy rating, 1 Sell and 10 Hold. On average, equities analysts expect that AbbVie Inc. will post $5.52 earnings per share for the current year. LION's profit will be $10.36 million for 14.06 P/E if the $0.40 EPS becomes a reality. After $1.28 actual earnings per share reported by AbbVie Inc for the previous quarter, Wall Street now forecasts 8.59% EPS growth.

Eventide Asset Management Llc decreased Celgene Corp (NASDAQ:CELG) stake by 170,000 shares to 305,300 valued at $35.34M in 2016Q4. It also reduced its holding in Chevron Corp New (NYSE:CVX) by 8,850 shares in the quarter, leaving it with 19,206 shares, and cut its stake in Amazon Com Inc (NASDAQ:AMZN). Ishares Tr (HYG) was raised too.

Among 18 analysts covering Abbvie Inc (NYSE:ABBV), 7 have Buy rating, 1 Sell and 10 Hold.

Ratings analysis reveals 39% of Abbvie Inc's analysts are positive.

Analysts on average have given a price target of $72.56 to AbbVie Inc. Amp Invsts has 0.25% invested in AbbVie Inc (NYSE:ABBV). "The rating was upgraded by Citigroup on Monday, September 28 to ". Vetr upgraded AbbVie from a "buy" rating to a "strong-buy" rating and set a $74.38 price objective on the stock in a report on Monday, May 8th. Jefferies Group LLC reissued a "buy" rating and issued a $90.00 price objective (up from $4.30) on shares of AbbVie in a research note on Tuesday, March 7th. Axiom Capital initiated it with "Buy" rating and $21 target in Friday, August 21 report. The firm has "Equal-Weight" rating given on Wednesday, June 8 by Morgan Stanley. The stock has "Hold" rating by BMO Capital Markets on Wednesday, April 19.

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