Abbvie Com (ABBV) Shareholder Butensky & Cohen Financial Security Has Trimmed Stake as Share Value Rose; As Crown Castle Intl New (CCI) Share Value Rose, Holder Highline Capital Management Decreased by $3.54 Million Its Stake

February 19, 2018 - By Marguerite Chambers

Jacob Doft decreased its stake in Crown Castle Intl Corp New (CCI) by 2.34% based on its latest 2017Q3 regulatory filing with the SEC. Highline Capital Management Llc sold 35,747 shares as the company’s stock rose 11.44% with the market. The hedge fund run by Jacob Doft held 1.49 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $149.12M, down from 1.53 million at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Crown Castle Intl Corp New for a number of months, seems to be less bullish one the $44.33 billion market cap company. The stock increased 1.37% or $1.48 during the last trading session, reaching $109.12. About 2.77M shares traded or 18.60% up from the average. Crown Castle International Corp. (NYSE:CCI) has risen 11.07% since February 19, 2017 and is uptrending. It has underperformed by 5.63% the S&P500.

Butensky & Cohen Financial Security Inc decreased its stake in Abbvie Inc Com (ABBV) by 17.4% based on its latest 2017Q3 regulatory filing with the SEC. Butensky & Cohen Financial Security Inc sold 5,150 shares as the company’s stock rose 6.17% with the market. The institutional investor held 24,443 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $2.17 million, down from 29,593 at the end of the previous reported quarter. Butensky & Cohen Financial Security Inc who had been investing in Abbvie Inc Com for a number of months, seems to be less bullish one the $189.34B market cap company. The stock increased 3.22% or $3.7 during the last trading session, reaching $118.6. About 8.83 million shares traded or 48.72% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 19, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Since September 11, 2017, it had 0 buys, and 5 selling transactions for $25.59 million activity. $589,512 worth of stock was sold by Michael Robert A. on Thursday, September 28. On Thursday, December 14 Schumacher Laura J sold $14.07M worth of AbbVie Inc. (NYSE:ABBV) or 145,510 shares. RICHMOND TIMOTHY J. sold $8.57 million worth of stock or 87,040 shares. SALEKI-GERHARDT AZITA had sold 8,300 shares worth $705,655 on Monday, September 11.

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 rating was maintained by Morgan Stanley on Tuesday, January 30 with “Equal-Weight”. The rating was maintained by SunTrust with “Buy” on Sunday, October 29. Cowen & Co downgraded the shares of ABBV in report on Monday, June 6 to “Market Perform” rating. As per Monday, November 28, the company rating was downgraded by Citigroup. The firm has “Neutral” rating given on Friday, December 18 by Atlantic Securities. On Friday, June 10 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The rating was maintained by Jefferies on Monday, July 17 with “Buy”. The firm has “Hold” rating by Leerink Swann given on Monday, January 29. As per Friday, October 13, the company rating was maintained by UBS. The stock has “Buy” rating by Jefferies on Thursday, May 25.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.15, from 1 in 2017Q2. It dropped, 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. Symphony Asset Management Ltd Limited Liability Company accumulated 0.18% or 18,149 shares. Manning Napier Ltd Liability holds 254,936 shares. 25,147 were accumulated by Folger Nolan Fleming Douglas Cap. Culbertson A N has 86,597 shares. First Long Island Lc invested in 2.49% or 192,931 shares. Summit Wealth Limited Com has 2.66% invested in AbbVie Inc. (NYSE:ABBV) for 82,308 shares. Mitsubishi Ufj Secs Holdings Communications Limited owns 950 shares or 0.4% of their US portfolio. Guinness Asset Mngmt holds 3.27% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 175,890 shares. Private Wealth Advsrs Inc reported 10,463 shares. Hbk LP accumulated 0.07% or 103,300 shares. The New Mexico-based New Mexico Educational Retirement Board has invested 0.62% in AbbVie Inc. (NYSE:ABBV). Advent De stated it has 0.01% in AbbVie Inc. (NYSE:ABBV). Meyer Handelman Communications holds 101,981 shares or 0.41% of its portfolio. Moreover, Cedar Hill Associates Ltd has 0.27% invested in AbbVie Inc. (NYSE:ABBV). Jacobus Wealth Management, a Wisconsin-based fund reported 59,210 shares.

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.27, from 1.31 in 2017Q2. It increased, as 46 investors sold CCI shares while 172 reduced holdings. 72 funds opened positions while 272 raised stakes. 377.71 million shares or 14.61% more from 329.57 million shares in 2017Q2 were reported. The Ohio-based Meeder Asset Mngmt has invested 0.04% in Crown Castle International Corp. (NYSE:REIT). Transamerica Advsr reported 1 shares. Court Place Advisors Limited, Maryland-based fund reported 3,426 shares. Paloma Partners Management Co invested 0.01% in Crown Castle International Corp. (NYSE:REIT). World Asset Mngmt owns 45,055 shares for 0.15% of their portfolio. Oregon Pub Employees Retirement Fund has invested 0.07% in Crown Castle International Corp. (NYSE:REIT). 78 were accumulated by Hudock Grp Limited Liability. Park Avenue Secs Limited Liability Company stated it has 0.1% in Crown Castle International Corp. (NYSE:REIT). Summit Securities Gru Lc accumulated 2,700 shares or 0.05% of the stock. Qcm Cayman invested 0.72% in Crown Castle International Corp. (NYSE:REIT). 8.58M are owned by Cap Int Investors. Friedberg Investment holds 3,810 shares or 0.62% of its portfolio. Bessemer Grp accumulated 1,540 shares. 224,911 were reported by Kayne Anderson Rudnick Management. Retail Bank Of Montreal Can holds 0.06% or 639,850 shares in its portfolio.

Among 20 analysts covering Crown Castle International Corp (NYSE:CCI), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Crown Castle International Corp had 60 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, October 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was downgraded by Oppenheimer to “Hold” on Sunday, October 15. The stock has “Buy” rating by Citigroup on Wednesday, July 22. The rating was initiated by Stifel Nicolaus on Wednesday, August 26 with “Buy”. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, November 27 report. The firm earned “Buy” rating on Wednesday, October 18 by SunTrust. Cowen & Co maintained Crown Castle International Corp. (NYSE:REIT) rating on Monday, April 25. Cowen & Co has “Outperform” rating and $100 target. Citigroup maintained it with “Neutral” rating and $96 target in Friday, July 21 report. The firm earned “Buy” rating on Friday, September 8 by Bank of America. The company was maintained on Friday, May 26 by Stifel Nicolaus.

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