At&T (T) Holding Maintained by Sentinel Trust Company Lba; Abbvie (ABBV) Holder Bedell Frazier Investment Counseling Has Decreased Stake

April 21, 2018 - By Marguerite Chambers

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Bedell Frazier Investment Counseling Llc decreased its stake in Abbvie Inc (ABBV) by 97.44% based on its latest 2017Q4 regulatory filing with the SEC. Bedell Frazier Investment Counseling Llc sold 80,783 shares as the company’s stock declined 6.31% with the market. The institutional investor held 2,125 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $205,000, down from 82,908 at the end of the previous reported quarter. Bedell Frazier Investment Counseling Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $146.93 billion market cap company. The stock decreased 0.44% or $0.41 during the last trading session, reaching $92.6. About 4.75 million shares traded. AbbVie Inc. (NYSE:ABBV) has risen 39.20% since April 21, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Sentinel Trust Company Lba increased its stake in At&T Corp (T) by 21.45% based on its latest 2017Q4 regulatory filing with the SEC. Sentinel Trust Company Lba bought 20,575 shares as the company’s stock declined 10.37% with the market. The institutional investor held 116,488 shares of the telecommunications equipment company at the end of 2017Q4, valued at $4.53 million, up from 95,913 at the end of the previous reported quarter. Sentinel Trust Company Lba who had been investing in At&T Corp for a number of months, seems to be bullish on the $225.19 billion market cap company. The stock decreased 0.43% or $0.15 during the last trading session, reaching $34.67. About 32.45 million shares traded or 18.79% up from the average. AT&T Inc. (NYSE:T) has declined 15.88% since April 21, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 79 analyst reports since July 27, 2015 according to SRatingsIntel. Robert W. Baird maintained AT&T Inc. (NYSE:T) on Tuesday, November 21 with “Buy” rating. On Wednesday, April 12 the stock rating was maintained by Wells Fargo with “Outperform”. Robert W. Baird upgraded the shares of T in report on Monday, December 12 to “Outperform” rating. The firm has “Equal Weight” rating given on Friday, July 14 by Barclays Capital. Scotia Capital maintained the stock with “Hold” rating in Tuesday, January 30 report. The firm has “Buy” rating given on Tuesday, July 18 by Jefferies. The stock of AT&T Inc. (NYSE:T) has “Neutral” rating given on Monday, July 27 by Goldman Sachs. Macquarie Research maintained the stock with “Buy” rating in Tuesday, July 25 report. The stock has “Buy” rating by Wells Fargo on Friday, February 23. The rating was downgraded by Moffet Nathanson on Friday, April 1 to “Sell”.

Sentinel Trust Company Lba, which manages about $481.44 million US Long portfolio, decreased its stake in Abercrombie & Fitch Cla (NYSE:ANF) by 115,000 shares to 18,090 shares, valued at $315,000 in 2017Q4, according to the filing. It also reduced its holding in Cisco Systems Inc (NASDAQ:CSCO) by 48,228 shares in the quarter, leaving it with 35,915 shares, and cut its stake in Kohl’s Corp (NYSE:KSS).

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.26, from 1.17 in 2017Q3. It is negative, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Eqis Capital stated it has 0.14% in AT&T Inc. (NYSE:T). Moreover, Long Road Counsel Lc has 0.96% invested in AT&T Inc. (NYSE:T). Athena Advisors Limited Liability Company holds 0.42% of its portfolio in AT&T Inc. (NYSE:T) for 43,523 shares. Hillswick Asset Mgmt Ltd Limited Liability Company invested 2.3% of its portfolio in AT&T Inc. (NYSE:T). Thompson Davis accumulated 3,525 shares. Greenwood Capital Associates Lc accumulated 5,631 shares or 0.05% of the stock. St Johns Invest Mgmt Limited Liability Company has 0.65% invested in AT&T Inc. (NYSE:T). Manchester Capital Management Ltd Liability invested 0.12% of its portfolio in AT&T Inc. (NYSE:T). Reaves W H And owns 1.99M shares for 2.44% of their portfolio. Crossvault Mgmt Lc owns 80,553 shares. Bp Public Ltd Com has invested 0.98% in AT&T Inc. (NYSE:T). Janney Capital Mngmt Limited Liability Company accumulated 19,666 shares or 0.03% of the stock. Pinnacle Advisory Group holds 0.06% or 28,352 shares. Exchange Management has 15 shares. Tompkins Financial invested in 29,043 shares.

Investors sentiment decreased to 0.8 in 2017 Q4. Its down 0.05, from 0.85 in 2017Q3. It turned negative, as 42 investors sold ABBV shares while 695 reduced holdings. 139 funds opened positions while 448 raised stakes. 1.06 billion shares or 0.35% more from 1.06 billion shares in 2017Q3 were reported. Accredited Investors Inc reported 0.1% stake. Lafayette Invs Inc has invested 0.16% of its portfolio in AbbVie Inc. (NYSE:ABBV). Parsons Cap Management Ri accumulated 80,138 shares. Avalon Limited Company holds 334,568 shares or 0.99% of its portfolio. Salem Invest Counselors invested 0.96% in AbbVie Inc. (NYSE:ABBV). 10, Alabama-based fund reported 25,120 shares. Orca Invest Limited Liability Co holds 0.61% in AbbVie Inc. (NYSE:ABBV) or 7,159 shares. New Jersey Better Educational Savings Tru holds 0.49% or 5,000 shares in its portfolio. Plancorp Ltd reported 18,344 shares. Winslow Capital Lc owns 6 shares or 0% of their US portfolio. State Of Tennessee Treasury Department reported 0.46% in AbbVie Inc. (NYSE:ABBV). Barometer Cap Management reported 211,850 shares. Deutsche Bancorp Ag holds 0.26% in AbbVie Inc. (NYSE:ABBV) or 4.16M shares. Accuvest Global Advsr holds 59 shares or 0% of its portfolio. Cornerstone Management Limited Liability Corp accumulated 803,096 shares or 0.54% of the stock.

Among 23 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 11 Hold. Therefore 43% are positive. Abbvie Inc had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, April 28 by BMO Capital Markets. The stock of AbbVie Inc. (NYSE:ABBV) has “Buy” rating given on Friday, July 14 by Jefferies. Jefferies maintained the shares of ABBV in report on Monday, June 26 with “Buy” rating. The firm has “Hold” rating given on Wednesday, April 19 by BMO Capital Markets. Piper Jaffray maintained the shares of ABBV in report on Tuesday, April 10 with “Buy” rating. On Monday, July 17 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of AbbVie Inc. (NYSE:ABBV) earned “Hold” rating by Credit Suisse on Thursday, July 20. The stock of AbbVie Inc. (NYSE:ABBV) has “Buy” rating given on Thursday, March 22 by SunTrust. Jefferies maintained the shares of ABBV in report on Monday, February 26 with “Buy” rating. BMO Capital Markets downgraded the stock to “Underperform” rating in Tuesday, January 30 report.

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on April, 26 before the open. They expect $1.78 EPS, up 39.06% or $0.50 from last year’s $1.28 per share. ABBV’s profit will be $2.82 billion for 13.01 P/E if the $1.78 EPS becomes a reality. After $1.48 actual EPS reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 20.27% EPS growth.

Bedell Frazier Investment Counseling Llc, which manages about $268.65 million US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 29,536 shares to 99,125 shares, valued at $7.10M in 2017Q4, according to the filing.

Since October 30, 2017, it had 0 insider buys, and 12 sales for $49.35 million activity. 18,129 AbbVie Inc. (NYSE:ABBV) shares with value of $2.15M were sold by RICHMOND TIMOTHY J.. The insider Schumacher Laura J sold $14.07 million. Another trade for 70,928 shares valued at $8.31 million was sold by CHASE WILLIAM J. 2,643 shares were sold by SEVERINO MICHAEL, worth $311,684 on Wednesday, February 28. Another trade for 992 shares valued at $119,351 was sold by Michael Robert A.. 8,280 shares were sold by GONZALEZ RICHARD A, worth $976,084.

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