Friday, 29 June 2018

As Abbvie Com (ABBV) Market Valuation Declined, Holder Logan Capital Management Trimmed by $2.01 Million Its Stake; American Homes 4 Rent (AMH) Position Lifted by Real Estate Management Services Llc

AbbVie Inc. (NYSE:ABBV) Logo

Logan Capital Management Inc decreased its stake in Abbvie Inc. Com (ABBV) by 14.74% based on its latest 2018Q1 regulatory filing with the SEC. Logan Capital Management Inc sold 21,392 shares as the company’s stock declined 16.83% with the market. The institutional investor held 123,782 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $11.72 million, down from 145,174 at the end of the previous reported quarter. Logan Capital Management Inc who had been investing in Abbvie Inc. Com for a number of months, seems to be less bullish one the $139.95B market cap company. The stock increased 1.01% or $0.92 during the last trading session, reaching $92.43. About 6.70M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 52.41% since June 29, 2017 and is uptrending. It has outperformed by 39.84% the S&P500. Some Historical ABBV News: 23/03/2018 – REG-INNATE PHARMA : EXPANSION OF MCRC COHORT IN PHASE l TRIAL EVALUATING MONALIZUMAB WITH IMFINZI; 22/03/2018 – AbbVie in $25bn wipeout after cancer drug results; 30/05/2018 – AbbVie Sees Acquiring 71.4 M Shrs at $105/Shr for Aggregate Cost of $7.5; 10/04/2018 – AbbVie: Elagolix Clinical Trial Program Largest Prospective Randomized Endometriosis Trial Conducted to Date; 17/04/2018 – REG-Genmab Announces Net Sales of DARZALEX® (daratumumab) for First Quarter of 2018; 26/04/2018 – AbbVie Raises FY View To Adj EPS $7.66-Adj EPS $7.76; 05/04/2018 – BIOGEN – UNDER TERMS OF AGREEMENT, ABBVIE WILL GRANT PATENT LICENSES FOR USE AND SALE OF IMRALDI IN EUROPE, ON A COUNTRY-BY-COUNTRY BASIS; 09/04/2018 – AbbVie: Upadacitinib Significantly Inhibited Radiographic Progression at Week 26 Compared to Placebo; 20/03/2018 – EXACT SCIENCES CORP – STENHOUSE, VICE PRESIDENT, U.S. IMMUNOLOGY AT ABBVIE, WILL ASSUME NEW POSITION ON APRIL 2, 2018; 09/04/2018 – KEYTRUDA® (PEMBROLIZUMAB) MONOTHERAPY MET PRIMARY ENDPOINT IN PHASE 3 KEYNOTE-042 STUDY, SIGNIFICANTLY IMPROVING OS AS FIRST-LINE THERAPY IN LOCALLY ADVANCED OR METASTATIC NSCLC PATIENTS EXPRESSING PD

Real Estate Management Services Llc increased its stake in American Homes 4 Rent (AMH) by 28.73% based on its latest 2018Q1 regulatory filing with the SEC. Real Estate Management Services Llc bought 164,600 shares as the company’s stock rose 0.26% while stock markets declined. The institutional investor held 737,600 shares of the real estate investment trusts company at the end of 2018Q1, valued at $14.81 million, up from 573,000 at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in American Homes 4 Rent for a number of months, seems to be bullish on the $7.81B market cap company. The stock increased 1.09% or $0.24 during the last trading session, reaching $22.25. About 1.90 million shares traded. American Homes 4 Rent (NYSE:AMH) has declined 12.21% since June 29, 2017 and is downtrending. It has underperformed by 24.78% the S&P500. Some Historical AMH News: 23/05/2018 – American Homes 4 Rent Appoints Christopher Lau As Chief Financial Officer; 23/04/2018 – DJ American Homes 4 Rent Class A, Inst Holders, 1Q 2018 (AMH); 14/05/2018 – LONG POND ADDED AMH, LQ, VICI, APLE, GPT IN 1Q: 13F; 03/05/2018 – AMERICAN HOMES 1Q REV. $258.0M, EST. $251.3M; 03/05/2018 – AMERICAN HOMES 4 RENT SEES FULL YEAR 2018 CORE NOI AFTER CAPITAL EXPENDITURES GROWTH 3.0% – 4.0%; 03/05/2018 – American Homes 4 Rent Core FFO/Share 25 Cents; 03/05/2018 – American Homes 4 Rent Announces Distributions; 24/05/2018 – American Homes 4 Rent to Participate in NAREIT REITweek 2018 Conference; 03/05/2018 – AMERICAN HOMES 4 RENT SEES FULL YEAR 2018 CORE REVENUES GROWTH 3.5% – 4.5%; 03/05/2018 – American Homes 4 Rent 1Q Rev $258M

Among 14 analysts covering American Homes 4 Rent (NYSE:AMH), 14 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. American Homes 4 Rent had 30 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Evercore on Monday, June 5 with “In-Line”. As per Thursday, August 3, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, June 14. As per Wednesday, March 28, the company rating was maintained by Robert W. Baird. The stock has “Outperform” rating by FBR Capital on Monday, August 8. The stock of American Homes 4 Rent (NYSE:AMH) earned “Outperform” rating by Evercore on Monday, December 4. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, October 19 report. The rating was downgraded by Wood on Wednesday, March 9 to “Market Outperform”. Zacks upgraded American Homes 4 Rent (NYSE:AMH) on Tuesday, August 18 to “Sell” rating. The rating was initiated by JMP Securities with “Mkt Outperform” on Tuesday, October 11.

Another recent and important American Homes 4 Rent (NYSE:AMH) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within American Homes 4 Rent, Invitation Home, Graphic Packaging Holding, Flotek …” on June 27, 2018.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.96, from 1.8 in 2017Q4. It dived, as 30 investors sold AMH shares while 88 reduced holdings. 28 funds opened positions while 71 raised stakes. 237.22 million shares or 6.69% less from 254.23 million shares in 2017Q4 were reported. Moreover, Highlander Cap Management Limited Liability Corp has 0.13% invested in American Homes 4 Rent (NYSE:AMH) for 11,225 shares. Robeco Institutional Asset Management Bv holds 250,000 shares or 0.02% of its portfolio. Davis Selected Advisers has invested 0.01% in American Homes 4 Rent (NYSE:AMH). Advantus Cap Management accumulated 419,400 shares or 0.22% of the stock. Regions Financial holds 0% of its portfolio in American Homes 4 Rent (NYSE:AMH) for 50 shares. Deutsche Fincl Bank Ag stated it has 587,432 shares. Oppenheimer Asset owns 14,195 shares. Fj Cap Mgmt Limited Liability Corp accumulated 10,500 shares. Service Automobile Association owns 218,853 shares. Commonwealth Comml Bank Of Australia invested in 0.21% or 946,816 shares. Magnetar Financial Ltd Liability Corp, Illinois-based fund reported 12,723 shares. Ci Inc holds 6.57 million shares. Atlantic Tru Grp Limited accumulated 373 shares. Schroder Investment Management Grp Incorporated holds 27,667 shares or 0% of its portfolio. Gsa Capital Ptnrs Llp invested in 41,091 shares or 0.04% of the stock.

Real Estate Management Services Llc, which manages about $741.04 million and $396.43 million US Long portfolio, decreased its stake in Jbg Smith Proper by 48,250 shares to 457,850 shares, valued at $15.43M in 2018Q1, according to the filing. It also reduced its holding in Catchmark Timber Trust (NYSE:CTT) by 48,700 shares in the quarter, leaving it with 309,200 shares, and cut its stake in Ishares Dj Us R.E. (IYR).

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on July, 27. They expect $1.97 EPS, up 38.73% or $0.55 from last year’s $1.42 per share. ABBV’s profit will be $2.98B for 11.73 P/E if the $1.97 EPS becomes a reality. After $1.87 actual EPS reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 5.35% EPS growth.

Investors sentiment decreased to 0.7 in Q1 2018. Its down 0.10, from 0.8 in 2017Q4. It dived, as 61 investors sold ABBV shares while 737 reduced holdings. 127 funds opened positions while 428 raised stakes. 1.06 billion shares or 0.67% less from 1.06 billion shares in 2017Q4 were reported. Palisade Cap Mgmt Ltd Nj holds 38,320 shares or 0.12% of its portfolio. Garland Capital owns 59,626 shares for 3.93% of their portfolio. Grassi Mngmt holds 2.08% or 135,555 shares. Montrusco Bolton Invests has invested 0.08% in AbbVie Inc. (NYSE:ABBV). Macguire Cheswick & Tuttle Inv Counsel Ltd Liability Company has 0.11% invested in AbbVie Inc. (NYSE:ABBV) for 6,260 shares. Cornerstone Advsr holds 2,897 shares. Palisades Hudson Asset Mngmt Lp holds 4,876 shares or 0.25% of its portfolio. Retirement Sys Of Alabama has 1.23M shares. Moreover, Matrix Asset has 3.9% invested in AbbVie Inc. (NYSE:ABBV). Advisor Prtn Ltd Liability Corporation holds 0.73% or 41,424 shares. Premier Asset Management Ltd Limited Liability Company holds 0.65% or 30,730 shares. Orca Inv Mgmt Ltd Llc has 0.58% invested in AbbVie Inc. (NYSE:ABBV). Oak Associate Limited Oh accumulated 0.03% or 4,940 shares. The Tennessee-based Pinnacle Finance Incorporated has invested 1% in AbbVie Inc. (NYSE:ABBV). Geode Cap Management Ltd Company holds 0.53% or 17.16M shares.

More notable recent AbbVie Inc. (NYSE:ABBV) news were published by: Seekingalpha.com which released: “AbbVie: Growth And Dividend In One Package” on June 15, 2018, also Investorideas.com with their article: “AbbVie (NYSE: ABBV) and Calibr announce collaboration for next generation T-cell therapies” published on June 25, 2018, Seekingalpha.com published: “AbbVie On A Roll, Buy AbbVie” on June 28, 2018. More interesting news about AbbVie Inc. (NYSE:ABBV) were released by: Seekingalpha.com and their article: “More Thoughts On AbbVie’s Rova-T Implosion” published on June 06, 2018 as well as Seekingalpha.com‘s news article titled: “Galapagos -13% after AbbVie pulls out of cystic fibrosis development plans” with publication date: June 28, 2018.

Logan Capital Management Inc, which manages about $2.06B and $1.42 billion US Long portfolio, upped its stake in National Grid Transco Sponsore by 8,478 shares to 18,192 shares, valued at $1.03 million in 2018Q1, according to the filing. It also increased its holding in Pool Corporation Com (NASDAQ:POOL) by 2,610 shares in the quarter, for a total of 7,392 shares, and has risen its stake in Daimler Ag Unsponsor Adr.

American Homes 4 Rent (NYSE:AMH) Ratings Chart

The post As Abbvie Com (ABBV) Market Valuation Declined, Holder Logan Capital Management Trimmed by $2.01 Million Its Stake; American Homes 4 Rent (AMH) Position Lifted by Real Estate Management Services Llc appeared first on Stock Market News | HillCountryTimes | Get it Today.



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