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Tctc Holdings Lowered Abbvie (ABBV) Holding by $387,200; Bruce & Co Position in Bunge (BG) Has Lowered as Stock Price Declined

Tctc Holdings Llc decreased its stake in Abbvie Inc (ABBV) by 2.58% based on its latest 2017Q3 regulatory filing with the SEC. Tctc Holdings Llc sold 4,400 shares as the company’s stock rose 6.17% with the market. The institutional investor held 165,842 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $14.74M, down from 170,242 at the end of the previous reported quarter. Tctc Holdings Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $166.19 billion market cap company. The stock decreased 0.25% or $0.26 during the last trading session, reaching $104.1. About 2.55M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since January 18, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Bruce & Co Inc decreased its stake in Bunge (BG) by 70% based on its latest 2017Q3 regulatory filing with the SEC. Bruce & Co Inc sold 35,000 shares as the company’s stock declined 10.41% while stock markets rallied. The institutional investor held 15,000 shares of the packaged foods company at the end of 2017Q3, valued at $1.04M, down from 50,000 at the end of the previous reported quarter. Bruce & Co Inc who had been investing in Bunge for a number of months, seems to be less bullish one the $9.84 billion market cap company. The stock decreased 0.64% or $0.45 during the last trading session, reaching $70. About 334,490 shares traded. Bunge Limited (NYSE:BG) has risen 14.04% since January 18, 2017 and is uptrending. It has underperformed by 2.66% the S&P500.

Among 9 analysts covering Bunge Limited (NYSE:BG), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Bunge Limited had 28 analyst reports since July 31, 2015 according to SRatingsIntel. On Tuesday, August 2 the stock rating was upgraded by Bank of America to “Buy”. The stock of Bunge Limited (NYSE:BG) earned “Outperform” rating by BMO Capital Markets on Tuesday, September 29. As per Thursday, September 28, the company rating was downgraded by Citigroup. As per Thursday, July 20, the company rating was maintained by Piper Jaffray. Credit Suisse upgraded Bunge Limited (NYSE:BG) on Tuesday, September 29 to “Outperform” rating. JP Morgan downgraded the shares of BG in report on Thursday, April 6 to “Underweight” rating. On Wednesday, July 12 the stock rating was maintained by Citigroup with “Buy”. The stock has “Buy” rating by BMO Capital Markets on Wednesday, August 23. Robert W. Baird maintained the shares of BG in report on Friday, October 13 with “Hold” rating. The firm has “Hold” rating given on Monday, August 3 by TheStreet.

Analysts await Bunge Limited (NYSE:BG) to report earnings on February, 21. They expect $1.63 earnings per share, down 4.12% or $0.07 from last year’s $1.7 per share. BG’s profit will be $229.20 million for 10.74 P/E if the $1.63 EPS becomes a reality. After $0.75 actual earnings per share reported by Bunge Limited for the previous quarter, Wall Street now forecasts 117.33% EPS growth.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.26, from 0.8 in 2017Q2. It improved, as 43 investors sold BG shares while 113 reduced holdings. 40 funds opened positions while 125 raised stakes. 109.29 million shares or 1.39% less from 110.83 million shares in 2017Q2 were reported. Meyer Handelman Co holds 0.04% in Bunge Limited (NYSE:BG) or 12,400 shares. Commonwealth Bancshares Of reported 119,854 shares. Aviva Pcl invested 0.03% of its portfolio in Bunge Limited (NYSE:BG). Bankshares Of Nova Scotia Tru Com stated it has 12 shares. Riverhead Cap Management Llc owns 82,320 shares for 0.27% of their portfolio. Bronson Point Mngmt Limited Liability Company reported 160,000 shares or 3.57% of all its holdings. Stevens Capital Mngmt Ltd Partnership has 34,238 shares. Swiss Bancshares has invested 0.04% in Bunge Limited (NYSE:BG). Services Automobile Association holds 277,925 shares or 0.06% of its portfolio. Hsbc Public Ltd Company holds 209,623 shares or 0.02% of its portfolio. Moreover, Lumina Fund Mgmt Limited Company has 0.53% invested in Bunge Limited (NYSE:BG). Glob X Mgmt Ltd Liability, a New York-based fund reported 6,229 shares. Eventide Asset Mgmt Ltd accumulated 13,500 shares. 43,095 were accumulated by Fjarde Ap. Daiwa Grp holds 0% or 4,050 shares.

Among 21 analysts covering Abbvie Inc (NYSE:ABBV), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Abbvie Inc had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Hold” rating and $7400 target in Thursday, July 20 report. Leerink Swann upgraded AbbVie Inc. (NYSE:ABBV) on Monday, October 2 to “Outperform” rating. The firm has “Buy” rating by Jefferies given on Friday, August 18. The stock of AbbVie Inc. (NYSE:ABBV) earned “Hold” rating by Cowen & Co on Tuesday, September 5. On Friday, July 28 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Buy” rating by Goldman Sachs on Monday, March 7. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, June 8. The stock of AbbVie Inc. (NYSE:ABBV) has “Hold” rating given on Wednesday, June 7 by BMO Capital Markets. Morgan Stanley upgraded the shares of ABBV in report on Monday, November 2 to “Overweight” rating. The firm has “Buy” rating given on Monday, May 29 by Jefferies.

Since July 31, 2017, it had 0 buys, and 8 insider sales for $45.57 million activity. Schumacher Laura J sold $14.07M worth of stock or 145,510 shares. $21,127 worth of AbbVie Inc. (NYSE:ABBV) shares were sold by Gosebruch Henry O. Shares for $705,655 were sold by SALEKI-GERHARDT AZITA on Monday, September 11. The insider Michael Robert A. sold 6,699 shares worth $589,512. RICHMOND TIMOTHY J. also sold $8.57 million worth of AbbVie Inc. (NYSE:ABBV) on Monday, December 18.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.15, from 1 in 2017Q2. It is negative, 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. Bar Harbor Tru Services accumulated 2,252 shares. Cap Svcs Of America stated it has 0.05% in AbbVie Inc. (NYSE:ABBV). Bkd Wealth Advisors Ltd Liability Com holds 0.14% or 14,759 shares in its portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 0.34% or 322,100 shares in its portfolio. Jnba Fin Advsrs owns 10,845 shares. Schaper Benz Wise Invest Counsel Inc Wi has invested 0.23% in AbbVie Inc. (NYSE:ABBV). Jane Street Group Inc Limited Liability Co has invested 0.02% in AbbVie Inc. (NYSE:ABBV). 929,399 were reported by Balyasny Asset Mngmt Llc. Jarislowsky Fraser Limited accumulated 0.14% or 259,444 shares. Atwood & Palmer stated it has 0.06% of its portfolio in AbbVie Inc. (NYSE:ABBV). Gyroscope Capital Management Gp Limited Liability Corp holds 66,400 shares or 2.98% of its portfolio. The Maryland-based First Utd Bank & Trust Tru has invested 0.15% in AbbVie Inc. (NYSE:ABBV). Swiss Bancorp invested in 5.87 million shares or 0.59% of the stock. Segall Bryant And Hamill Ltd Liability Corporation has invested 0.4% of its portfolio in AbbVie Inc. (NYSE:ABBV). 2,685 are held by Benedict Finance.

Tctc Holdings Llc, which manages about $1.62B US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 63,731 shares to 220,826 shares, valued at $11.45M in 2017Q3, according to the filing. It also increased its holding in Southern Co (NYSE:SO) by 32,844 shares in the quarter, for a total of 115,056 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on January, 26. They expect $1.43 EPS, up 19.17% or $0.23 from last year’s $1.2 per share. ABBV’s profit will be $2.28 billion for 18.20 P/E if the $1.43 EPS becomes a reality. After $1.41 actual EPS reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 1.42% EPS growth.

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