Private Trust Co Trimmed Abbott Laboratories (ABT) Stake as Market Value Declined; Hartford Finl Svcs Group (HIG) Stock Value Rose While Samlyn Capital Trimmed Stake

February 15, 2018 - By Migdalia James

Robert Pohly decreased its stake in Hartford Finl Svcs Group Inc (HIG) by 11.44% based on its latest 2017Q3 regulatory filing with the SEC. Samlyn Capital Llc sold 67,765 shares as the company’s stock rose 0.12% with the market. The hedge fund run by Robert Pohly held 524,435 shares of the finance company at the end of 2017Q3, valued at $29.07M, down from 592,200 at the end of the previous reported quarter. Samlyn Capital Llc who had been investing in Hartford Finl Svcs Group Inc for a number of months, seems to be less bullish one the $19.34 billion market cap company. The stock decreased 0.62% or $0.34 during the last trading session, reaching $54.19. About 273,144 shares traded. The Hartford Financial Services Group, Inc. (NYSE:HIG) has risen 9.92% since February 15, 2017 and is uptrending. It has underperformed by 6.78% the S&P500.

Private Trust Co decreased its stake in Abbott Laboratories (ABT) by 13.45% based on its latest 2017Q3 regulatory filing with the SEC. Private Trust Co sold 8,727 shares as the company’s stock declined 3.42% while stock markets rallied. The institutional investor held 56,155 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.00 million, down from 64,882 at the end of the previous reported quarter. Private Trust Co who had been investing in Abbott Laboratories for a number of months, seems to be less bullish one the $101.83 billion market cap company. The stock increased 0.38% or $0.22 during the last trading session, reaching $58.5. About 500,496 shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since February 15, 2017 and is uptrending. It has underperformed by 0.80% the S&P500.




Samlyn Capital Llc, which manages about $7.24 billion and $3.96B US Long portfolio, upped its stake in Lpl Finl Hldgs Inc (NASDAQ:LPLA) by 727,941 shares to 2.21 million shares, valued at $113.89M in 2017Q3, according to the filing. It also increased its holding in Hd Supply Hldgs Inc (NASDAQ:HDS) by 611,233 shares in the quarter, for a total of 711,233 shares, and has risen its stake in Ilg Inc (Call).

Among 18 analysts covering Hartford Financial (NYSE:HIG), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Hartford Financial had 48 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Thursday, July 27 with “Hold”. The rating was maintained by UBS on Wednesday, November 1 with “Buy”. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) earned “Neutral” rating by Bank of America on Wednesday, November 16. Keefe Bruyette & Woods maintained The Hartford Financial Services Group, Inc. (NYSE:HIG) on Monday, June 26 with “Buy” rating. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) earned “Buy” rating by M Partners on Tuesday, July 28. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) has “Buy” rating given on Monday, September 11 by Buckingham Research. Barclays Capital maintained it with “Overweight” rating and $61 target in Friday, August 11 report. The firm has “Market Perform” rating given on Tuesday, May 17 by Wells Fargo. The rating was upgraded by Credit Suisse on Tuesday, December 19 to “Outperform”. The stock has “Buy” rating by M Partners on Friday, July 29.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.08, from 0.75 in 2017Q2. It is positive, as 40 investors sold HIG shares while 210 reduced holdings. 63 funds opened positions while 144 raised stakes. 310.47 million shares or 1.93% less from 316.59 million shares in 2017Q2 were reported. Orrstown Serv invested 1.09% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG). Mraz Amerine Assocs invested in 0.18% or 10,400 shares. Credit Agricole S A accumulated 151,502 shares. Menta Cap Ltd Limited Liability Company holds 0.08% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 9,767 shares. Macquarie Gru Ltd has 0% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 14,500 shares. Dnb Asset Mgmt As accumulated 0.03% or 41,373 shares. Swiss National Bank & Trust accumulated 1.36 million shares or 0.09% of the stock. Fdx Inc, California-based fund reported 4,852 shares. Oregon Public Employees Retirement Fund owns 77,207 shares. Rockefeller Financial owns 0% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 624 shares. Kemnay Advisory Serv Inc has 14,801 shares. 640,739 are held by Ny State Teachers Retirement. Segment Wealth Mngmt Lc accumulated 4,350 shares or 0.06% of the stock. Robeco Institutional Asset Management Bv holds 132,088 shares. Carret Asset Mgmt Ltd Liability Corp, New York-based fund reported 80,280 shares.

Since August 16, 2017, it had 0 insider buys, and 7 sales for $31.71 million activity. The insider Salvadori Daniel Gesua Sive sold 28,319 shares worth $1.56M. Fussell Stephen R sold $9.73M worth of stock or 196,550 shares. Another trade for 27,733 shares valued at $1.73M was made by Blaser Brian J on Wednesday, January 31. On Tuesday, January 30 Ford Robert B sold $2.69 million worth of Abbott Laboratories (NYSE:ABT) or 42,665 shares.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.01, from 0.88 in 2017Q2. It fall, as 47 investors sold ABT shares while 563 reduced holdings. 111 funds opened positions while 421 raised stakes. 1.21 billion shares or 0.79% less from 1.22 billion shares in 2017Q2 were reported. Ci Inc, a Ontario – Canada-based fund reported 810 shares. 517,912 were accumulated by Westpac Banking. 101,195 were reported by Rmb Mngmt Ltd Liability. Icon Advisers owns 0.17% invested in Abbott Laboratories (NYSE:ABT) for 46,300 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt owns 0.11% invested in Abbott Laboratories (NYSE:ABT) for 141,301 shares. Lazard Asset Mngmt Ltd Limited Liability Company owns 356,256 shares. Gemmer Asset Mgmt Ltd Liability Com invested 0.08% in Abbott Laboratories (NYSE:ABT). invested in 702,403 shares. First Foundation Advsr holds 10,148 shares or 0.03% of its portfolio. Greenleaf Tru has 0.02% invested in Abbott Laboratories (NYSE:ABT) for 19,108 shares. The Nebraska-based Pittenger Anderson Incorporated has invested 0.31% in Abbott Laboratories (NYSE:ABT). 7.04 million are owned by Pnc Finance Gru. 378,910 were reported by Blackhill Cap. Frontier Investment Mgmt Com holds 0.04% or 8,271 shares in its portfolio. Federated Pa invested 0.04% in Abbott Laboratories (NYSE:ABT).

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