As Abbvie (ABBV) Share Price Rose, Annex Advisory Services Upped Position; As Dollar Tree (DLTR) Stock Declined, Ims Capital Management Has Cut Holding by $307,020

February 25, 2018 - By Linda Rogers

Annex Advisory Services Llc increased its stake in Abbvie Inc (ABBV) by 17.66% based on its latest 2017Q3 regulatory filing with the SEC. Annex Advisory Services Llc bought 6,426 shares as the company’s stock rose 6.17% with the market. The institutional investor held 42,809 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.80M, up from 36,383 at the end of the previous reported quarter. Annex Advisory Services Llc who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $188.57B market cap company. The stock increased 1.01% or $1.19 during the last trading session, reaching $118.75. About 4.69M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 25, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Ims Capital Management decreased its stake in Dollar Tree Inc (DLTR) by 13.74% based on its latest 2017Q3 regulatory filing with the SEC. Ims Capital Management sold 3,570 shares as the company’s stock declined 0.40% while stock markets rallied. The institutional investor held 22,414 shares of the consumer services company at the end of 2017Q3, valued at $1.95 million, down from 25,984 at the end of the previous reported quarter. Ims Capital Management who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $25.28B market cap company. The stock decreased 0.36% or $0.39 during the last trading session, reaching $106.61. About 2.56M shares traded or 17.76% up from the average. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 3.60% since February 25, 2017 and is uptrending. It has underperformed by 13.10% the S&P500.

Since September 12, 2017, it had 0 insider buys, and 6 insider sales for $9.14 million activity. SAUNDERS THOMAS A sold 18,621 shares worth $1.70M. 1,487 shares were sold by Old William A. JR, worth $136,062 on Friday, October 13. $493,837 worth of Dollar Tree, Inc. (NASDAQ:DLTR) was sold by Jacobs David A.. On Thursday, October 12 the insider BROCK MACON F JR sold $5.74M.

Ims Capital Management, which manages about $164.74M and $156.00M US Long portfolio, upped its stake in Altria Group Inc (NYSE:MO) by 5,045 shares to 10,525 shares, valued at $667,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.21, from 1.24 in 2017Q2. It dropped, as 45 investors sold DLTR shares while 191 reduced holdings. 73 funds opened positions while 170 raised stakes. 202.27 million shares or 3.74% less from 210.13 million shares in 2017Q2 were reported. Moreover, Whetstone Limited Company has 3.03% invested in Dollar Tree, Inc. (NASDAQ:DLTR). Seatown Pte Ltd reported 58,300 shares. Wealth Enhancement Advisory Limited has 31,792 shares for 0.24% of their portfolio. Robeco Institutional Asset Management Bv reported 14,630 shares. Cibc Corp owns 54,474 shares. Keybank Association Oh invested 0% in Dollar Tree, Inc. (NASDAQ:DLTR). Teachers Retirement Systems Of The State Of Kentucky accumulated 0.12% or 111,826 shares. Alps Advsrs accumulated 5,600 shares or 0% of the stock. Nationwide Fund Advsrs stated it has 0.04% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Susquehanna Intll Grp Llp reported 0% stake. Banque Pictet Cie stated it has 10,300 shares. Hartford Invest Mgmt Co stated it has 0.08% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Utah Retirement System has 42,155 shares. Strategic reported 0.66% stake. Rothschild Investment Il has 0.13% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 13,394 shares.

Among 35 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 23 have Buy rating, 1 Sell and 11 Hold. Therefore 66% are positive. Dollar Tree Inc. had 99 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, May 27, the company rating was maintained by Jefferies. RBC Capital Markets maintained it with “Buy” rating and $102.0 target in Friday, November 10 report. As per Monday, August 28, the company rating was upgraded by Bernstein. As per Friday, August 25, the company rating was maintained by BMO Capital Markets. On Monday, August 7 the stock rating was maintained by Loop Capital Markets with “Buy”. JP Morgan reinitiated Dollar Tree, Inc. (NASDAQ:DLTR) on Friday, November 6 with “Overweight” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 25 report. As per Friday, August 25, the company rating was maintained by Buckingham Research. As per Friday, September 29, the company rating was maintained by Piper Jaffray. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, September 2.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on March, 7. They expect $1.90 EPS, up 36.69% or $0.51 from last year’s $1.39 per share. DLTR’s profit will be $450.49M for 14.03 P/E if the $1.90 EPS becomes a reality. After $1.01 actual EPS reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts 88.12% EPS growth.

Among 21 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Abbvie Inc had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of AbbVie Inc. (NYSE:ABBV) has “Neutral” rating given on Monday, September 25 by UBS. The company was initiated on Wednesday, July 22 by SunTrust. As per Monday, January 29, the company rating was downgraded by Leerink Swann. The stock of AbbVie Inc. (NYSE:ABBV) has “Buy” rating given on Tuesday, December 5 by Leerink Swann. Morgan Stanley upgraded the shares of ABBV in report on Monday, November 2 to “Overweight” rating. The stock has “Hold” rating by BMO Capital Markets on Sunday, July 30. The firm earned “Hold” rating on Tuesday, September 5 by Cowen & Co. As per Tuesday, January 30, the company rating was downgraded by BMO Capital Markets. Societe Generale initiated the stock with “Sell” rating in Wednesday, April 6 report. Piper Jaffray maintained AbbVie Inc. (NYSE:ABBV) rating on Thursday, September 28. Piper Jaffray has “Buy” rating and $102.0 target.

Annex Advisory Services Llc, which manages about $827.76 million and $488.03 million US Long portfolio, decreased its stake in Ishares Tr (IWF) by 2,407 shares to 21,125 shares, valued at $2.64 million in 2017Q3, according to the filing.

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