Abbott Labs (ABT) Position Has Upped by Usa Financial Portformulas Corp; Permal Asset Management Has Raised Its New Residential Invt (NRZ) Holding

February 24, 2018 - By Adrian Mccoy

Permal Asset Management Llc increased its stake in New Residential Invt Corp (NRZ) by 19.05% based on its latest 2017Q3 regulatory filing with the SEC. Permal Asset Management Llc bought 26,800 shares as the company’s stock declined 0.74% while stock markets rallied. The hedge fund held 167,500 shares of the real estate investment trusts company at the end of 2017Q3, valued at $2.80 million, up from 140,700 at the end of the previous reported quarter. Permal Asset Management Llc who had been investing in New Residential Invt Corp for a number of months, seems to be bullish on the $5.57 billion market cap company. The stock increased 0.18% or $0.03 during the last trading session, reaching $16.57. About 2.20 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 22.04% since February 24, 2017 and is uptrending. It has outperformed by 5.34% the S&P500.

Usa Financial Portformulas Corp increased its stake in Abbott Labs (ABT) by 918.1% based on its latest 2017Q3 regulatory filing with the SEC. Usa Financial Portformulas Corp bought 55,958 shares as the company’s stock declined 3.42% while stock markets rallied. The institutional investor held 62,053 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.31 million, up from 6,095 at the end of the previous reported quarter. Usa Financial Portformulas Corp who had been investing in Abbott Labs for a number of months, seems to be bullish on the $104.27 billion market cap company. The stock increased 1.22% or $0.72 during the last trading session, reaching $59.71. About 5.19M shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since February 24, 2017 and is uptrending. It has underperformed by 0.80% the S&P500.

Permal Asset Management Llc, which manages about $14.74 billion and $239.51M US Long portfolio, decreased its stake in Spdr Gold Trust (GLD) by 23,600 shares to 115,487 shares, valued at $14.04M in 2017Q3, according to the filing. It also reduced its holding in Enable Midstream Partners Lp (NYSE:ENBL) by 22,100 shares in the quarter, leaving it with 207,900 shares, and cut its stake in Vaneck Vectors Etf Tr.

Investors sentiment increased to 1.4 in Q3 2017. Its up 0.28, from 1.12 in 2017Q2. It increased, as 31 investors sold NRZ shares while 67 reduced holdings. 37 funds opened positions while 100 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale invested in 0% or 12,745 shares. Usca Ria Lc invested in 0.02% or 11,800 shares. Beck Capital Limited Liability Corporation has 227,361 shares for 1.82% of their portfolio. Joel Isaacson Ltd Co owns 68,603 shares for 0.21% of their portfolio. Chicago Equity Partners Limited Co reported 0.56% in New Residential Investment Corp. (NYSE:NRZ). Doheny Asset Mgmt Ca has 4.37% invested in New Residential Investment Corp. (NYSE:NRZ) for 568,100 shares. Rafferty Asset Mngmt Limited Liability Corporation accumulated 51,248 shares. Scoria Cap Prns LP reported 115,000 shares. Guggenheim Ltd Liability owns 0.03% invested in New Residential Investment Corp. (NYSE:NRZ) for 666,776 shares. Prudential Financial holds 0.01% in New Residential Investment Corp. (NYSE:NRZ) or 504,005 shares. Jpmorgan Chase & holds 506,029 shares. Berson & Corrado Invest Advisors Ltd Liability Co reported 457,973 shares or 4.31% of all its holdings. Global X Com Ltd Limited Liability Company holds 677,569 shares. Jefferies Limited Liability Corp holds 0.01% or 123,986 shares. Alyeska Invest Group Inc Inc LP holds 0.01% or 97,891 shares.

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. The company was initiated on Thursday, October 6 by Wedbush. The rating was initiated by JMP Securities on Wednesday, December 23 with “Mkt Outperform”. The firm earned “Buy” rating on Tuesday, September 12 by Keefe Bruyette & Woods. Piper Jaffray upgraded New Residential Investment Corp. (NYSE:NRZ) on Monday, October 19 to “Overweight” rating. The company was upgraded on Wednesday, August 12 by Zacks. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Buy” rating given on Thursday, November 30 by Piper Jaffray. As per Friday, September 9, the company rating was reinitiated by Piper Jaffray. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Buy” rating given on Sunday, August 27 by Piper Jaffray. The firm earned “Buy” rating on Monday, July 24 by Piper Jaffray. The firm earned “Buy” rating on Wednesday, November 29 by FBR Capital.

Since September 22, 2017, it had 0 insider purchases, and 10 insider sales for $35.12 million activity. On Monday, October 23 Salvadori Daniel Gesua Sive sold $5.43 million worth of Abbott Laboratories (NYSE:ABT) or 96,603 shares. $14.27M worth of Abbott Laboratories (NYSE:ABT) shares were sold by Fussell Stephen R. 459 shares were sold by PEDERSON MICHAEL J, worth $27,213. 42,665 shares were sold by Ford Robert B, worth $2.69 million. Contreras Jaime sold $2.74M worth of stock or 52,700 shares. Watkin Jared had sold 297 shares worth $17,609 on Friday, February 16.

Investors sentiment decreased to 0.87 in 2017 Q3. 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. Acg Wealth holds 8,341 shares. Tru Of Virginia Va owns 35,631 shares. Acropolis Inv Mgmt Ltd Liability Corp reported 5,535 shares. Grimes And holds 0.02% or 4,012 shares. Aqr Cap Mngmt Ltd Liability Corporation has 0.01% invested in Abbott Laboratories (NYSE:ABT) for 93,316 shares. Blue Chip Prtnrs has invested 0.91% of its portfolio in Abbott Laboratories (NYSE:ABT). Lee Danner And Bass accumulated 59,852 shares or 0.34% of the stock. Moreover, Cheviot Value Lc has 1.76% invested in Abbott Laboratories (NYSE:ABT). Monarch Management holds 104,435 shares. Freestone Cap Holdg Limited Co accumulated 44,849 shares. Longer holds 42,135 shares or 2% of its portfolio. Pnc Group holds 7.04 million shares or 0.39% of its portfolio. Hl Limited Liability Company reported 0.3% in Abbott Laboratories (NYSE:ABT). Northwestern Mutual Wealth Company holds 0.05% of its portfolio in Abbott Laboratories (NYSE:ABT) for 139,414 shares. First Bancshares & Of Newtown reported 16,870 shares or 0.25% of all its holdings.

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