Smith Salley & Associates Cut Abbvie (ABBV) Stake; Blackrock Muniyield California Quality Fund (MCA) Has 0.56 Sentiment

February 15, 2018 - By Henry Gaston

The stock decreased 0.07% or $0.01 during the last trading session, reaching $13.88. About 55,408 shares traded. BlackRock MuniYield California Quality Fund, Inc. (MCA) has declined 6.39% since February 15, 2017 and is downtrending. It has underperformed by 23.09% the S&P500.

Smith Salley & Associates decreased Abbvie Inc (ABBV) stake by 25.41% reported in 2017Q3 SEC filing. Smith Salley & Associates sold 29,629 shares as Abbvie Inc (ABBV)’s stock rose 6.17%. The Smith Salley & Associates holds 86,991 shares with $7.73 million value, down from 116,620 last quarter. Abbvie Inc now has $181.91 billion valuation. The stock increased 0.77% or $0.87 during the last trading session, reaching $113.95. About 2.25M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 15, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.15, from 1 in 2017Q2. It fall, as 55 investors sold ABBV shares while 640 reduced holdings. 132 funds opened positions while 462 raised stakes. 1.06 billion shares or 1.89% more from 1.04 billion shares in 2017Q2 were reported. Cwm Limited Liability, Nebraska-based fund reported 69,597 shares. Ontario – Canada-based Omers Administration Corporation has invested 0.05% in AbbVie Inc. (NYSE:ABBV). Canandaigua Comml Bank & Tru holds 33,972 shares. Tower Limited Liability (Trc) holds 0.04% or 4,856 shares. Fincl Architects holds 1,387 shares or 0.23% of its portfolio. Iowa-based Miles Capital has invested 0.83% in AbbVie Inc. (NYSE:ABBV). 245,560 are held by Lombard Odier Asset (Switzerland). First Republic Invest Management, a California-based fund reported 1.23 million shares. King Luther Cap Management, a Texas-based fund reported 2.47 million shares. Moreover, Garrison Financial has 3.57% invested in AbbVie Inc. (NYSE:ABBV). Laurel Grove owns 30,232 shares or 1.4% of their US portfolio. Dimensional Fund Advisors LP holds 4.02M shares or 0.16% of its portfolio. Woodmont Investment Counsel Lc has invested 0.72% of its portfolio in AbbVie Inc. (NYSE:ABBV). Geller Family Office Lc stated it has 0.1% of its portfolio in AbbVie Inc. (NYSE:ABBV). Harris Assoc LP owns 61,050 shares for 0.01% of their portfolio.

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 firm has “Overweight” rating given on Monday, November 2 by Morgan Stanley. Credit Suisse maintained the shares of ABBV in report on Thursday, July 20 with “Hold” rating. Leerink Swann maintained the shares of ABBV in report on Tuesday, December 5 with “Buy” rating. BMO Capital Markets maintained it with “Hold” rating and $6600 target in Wednesday, June 7 report. The rating was maintained by Jefferies with “Buy” on Tuesday, January 16. On Friday, February 2 the stock rating was maintained by Argus Research with “Buy”. The stock has “” rating by Citigroup on Monday, September 28. The firm has “Hold” rating by Deutsche Bank given on Monday, July 17. The rating was maintained by UBS on Friday, October 23 with “Buy”. The stock has “Buy” rating by Jefferies on Thursday, May 25.

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