As Abbvie (ABBV) Share Price Declined, Holder Sfe Investment Counsel Decreased Stake; Middleby (MIDD) Share Price Declined While Trillium Asset Management Has Upped Holding by $5.90 Million

AbbVie Inc. (NYSE:ABBV) Logo

Trillium Asset Management Llc increased its stake in Middleby Corp (MIDD) by 59.83% based on its latest 2017Q4 regulatory filing with the SEC. Trillium Asset Management Llc bought 44,061 shares as the company’s stock declined 7.05% with the market. The institutional investor held 117,710 shares of the industrial machinery and components company at the end of 2017Q4, valued at $15.89M, up from 73,649 at the end of the previous reported quarter. Trillium Asset Management Llc who had been investing in Middleby Corp for a number of months, seems to be bullish on the $5.79 billion market cap company. The stock decreased 0.45% or $0.47 during the last trading session, reaching $103.98. About 982,461 shares traded or 29.89% up from the average. The Middleby Corporation (NASDAQ:MIDD) has declined 9.95% since May 22, 2017 and is downtrending. It has underperformed by 21.50% the S&P500.

Sfe Investment Counsel decreased its stake in Abbvie Inc (ABBV) by 6.32% based on its latest 2017Q4 regulatory filing with the SEC. Sfe Investment Counsel sold 5,131 shares as the company’s stock declined 6.31% with the market. The institutional investor held 76,035 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $7.35 million, down from 81,166 at the end of the previous reported quarter. Sfe Investment Counsel who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $168.57B market cap company. The stock increased 0.24% or $0.25 during the last trading session, reaching $106.23. About 5.80 million shares traded. AbbVie Inc. (NYSE:ABBV) has risen 39.20% since May 22, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Trillium Asset Management Llc, which manages about $1.82 billion US Long portfolio, decreased its stake in Ipg Photonics Corp (NASDAQ:IPGP) by 11,684 shares to 32,525 shares, valued at $6.97 million in 2017Q4, according to the filing. It also reduced its holding in Omnicom Group Inc (NYSE:OMC) by 7,074 shares in the quarter, leaving it with 135,611 shares, and cut its stake in Rogers Corp (NYSE:ROG).

Investors sentiment increased to 0.92 in 2017 Q4. Its up 0.12, from 0.8 in 2017Q3. It is positive, as 32 investors sold MIDD shares while 114 reduced holdings. 51 funds opened positions while 83 raised stakes. 53.23 million shares or 3.09% more from 51.63 million shares in 2017Q3 were reported. Fincl Counselors reported 0.1% stake. First Mercantile Communication owns 0.1% invested in The Middleby Corporation (NASDAQ:MIDD) for 3,858 shares. The Wisconsin-based Legacy Cap Prns has invested 1.43% in The Middleby Corporation (NASDAQ:MIDD). Cibc Asset owns 1,953 shares. First Manhattan Com has invested 0% of its portfolio in The Middleby Corporation (NASDAQ:MIDD). Tributary Capital Management Limited Com has 8,900 shares for 0.1% of their portfolio. King Luther Capital Corp holds 0.07% or 60,575 shares. Arcadia Investment Management Corporation Mi reported 41,888 shares. Pnc Gru invested in 8,905 shares or 0% of the stock. Price T Rowe Assocs Md has 0.06% invested in The Middleby Corporation (NASDAQ:MIDD). Legal & General Gp Public Ltd Com reported 0.01% of its portfolio in The Middleby Corporation (NASDAQ:MIDD). Metropolitan Life Insur Ny has invested 0.01% in The Middleby Corporation (NASDAQ:MIDD). Stephens Invest Mgmt Group Incorporated Ltd Liability Corporation accumulated 0.18% or 56,975 shares. Neuberger Berman Grp Ltd Limited Liability Company stated it has 1.27M shares. Df Dent & accumulated 20,404 shares.

Since December 15, 2017, it had 0 insider purchases, and 1 insider sale for $1.30 million activity.

Among 9 analysts covering Middleby (NASDAQ:MIDD), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Middleby has $160.0 highest and $110 lowest target. $138.75’s average target is 33.44% above currents $103.98 stock price. Middleby had 22 analyst reports since November 12, 2015 according to SRatingsIntel. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Monday, October 16. The stock of The Middleby Corporation (NASDAQ:MIDD) has “Buy” rating given on Wednesday, February 28 by Robert W. Baird. Robert W. Baird downgraded The Middleby Corporation (NASDAQ:MIDD) on Thursday, May 10 to “Neutral” rating. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, August 10 report. The rating was maintained by Citigroup on Tuesday, January 30 with “Neutral”. The firm has “Outperform” rating by Macquarie Research given on Wednesday, January 13. BMO Capital Markets upgraded the shares of MIDD in report on Wednesday, November 18 to “Outperform” rating. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) rating on Wednesday, November 8. BMO Capital Markets has “Buy” rating and $150.0 target. The firm earned “Buy” rating on Thursday, June 22 by BMO Capital Markets. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) rating on Tuesday, March 6. BMO Capital Markets has “Buy” rating and $160.0 target.

More notable recent The Middleby Corporation (NASDAQ:MIDD) news were published by: Globenewswire.com which released: “Recent Analysis Shows Ares Capital, The Middleby, Cardtronics, NOW, Coca-Cola European Partners, and News …” on May 11, 2018, also Seekingalpha.com with their article: “The Middleby’s (MIDD) CEO Selim Bassoul on Q1 2018 Results – Earnings Call Transcript” published on May 12, 2018, Fool.com published: “The 3 Stocks on the MFM Team’s Radar This Week” on May 10, 2018. More interesting news about The Middleby Corporation (NASDAQ:MIDD) were released by: Prnewswire.com and their article: “UTC Climate, Controls & Security Signs Definitive Agreement to Sell Taylor Company” published on May 18, 2018 as well as Streetinsider.com‘s news article titled: “Middleby Corp (MIDD) To Acquire Taylor Company” with publication date: May 18, 2018.

More notable recent AbbVie Inc. (NYSE:ABBV) news were published by: Seekingalpha.com which released: “AbbVie: Protection Kicks In” on April 25, 2018, also Fool.com with their article: “Better Buy: Johnson & Johnson (JNJ) vs. AbbVie (ABBV)” published on May 02, 2018, 247Wallst.com published: “Why One Old Stock Buyback Trick Is Working So Well for AbbVie” on May 01, 2018. More interesting news about AbbVie Inc. (NYSE:ABBV) were released by: Seekingalpha.com and their article: “AbbVie Is Still A One-Trick Pony” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “AbbVie’s upadacitinib successful in Japan-based RA study” with publication date: April 25, 2018.

Sfe Investment Counsel, which manages about $321.20M and $247.65 million US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 9,890 shares to 25,375 shares, valued at $1.84 million in 2017Q4, according to the filing. It also increased its holding in First Rep Bk San Francisco C (NYSE:FRC) by 9,165 shares in the quarter, for a total of 33,795 shares, and has risen its stake in Oneok Inc New (NYSE:OKE).

Investors sentiment decreased to 0.8 in Q4 2017. 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. Numeric Invsts Limited Liability Corp holds 933,000 shares or 0.66% of its portfolio. Liberty Cap Management has 1.49% invested in AbbVie Inc. (NYSE:ABBV). Roof Eidam Maycock Adv invested in 0.45% or 9,520 shares. Trust Of Virginia Va owns 20,437 shares for 0.28% of their portfolio. Omers Administration Corporation has invested 0.06% in AbbVie Inc. (NYSE:ABBV). Mcgowan Grp Asset Mngmt reported 2,866 shares. Northeast Fincl Consultants holds 0.1% or 3,244 shares in its portfolio. Prentiss Smith invested in 5,650 shares. Moreover, Verity & Verity Ltd Liability Com has 1.17% invested in AbbVie Inc. (NYSE:ABBV). Clear Harbor Asset Management Ltd Llc holds 0.18% in AbbVie Inc. (NYSE:ABBV) or 9,840 shares. Horan Advsrs Limited Liability Company owns 66,717 shares. Moreover, Nbt Commercial Bank N A Ny has 1.13% invested in AbbVie Inc. (NYSE:ABBV). Cullen Frost Bankers Inc holds 427,816 shares or 1.31% of its portfolio. Metropolitan Life reported 0.41% of its portfolio in AbbVie Inc. (NYSE:ABBV). National Bank & Trust holds 320,825 shares.

Since December 14, 2017, it had 0 insider buys, and 11 insider sales for $47.70 million activity. $976,084 worth of AbbVie Inc. (NYSE:ABBV) was sold by GONZALEZ RICHARD A on Wednesday, February 28. The insider SEVERINO MICHAEL sold 2,643 shares worth $311,684. 4,294 AbbVie Inc. (NYSE:ABBV) shares with value of $512,853 were sold by Michael Robert A.. 25,000 shares were sold by Schumacher Laura J, worth $2.95M on Wednesday, February 28. Shares for $9.57 million were sold by ALBAN CARLOS. RICHMOND TIMOTHY J. also sold $8.57M worth of AbbVie Inc. (NYSE:ABBV) on Monday, December 18.

The Middleby Corporation (NASDAQ:MIDD) Institutional Positions Chart