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Private Harbour Investment Management & Counsel Has Cut Position in Abbvie (ABBV) as Shares Rose; As Zayo Group Hldgs (ZAYO) Valuation Rose, Shareholder Marlowe Partners LP Decreased Its Holding by $6.69 Million

Private Harbour Investment Management & Counsel Llc decreased its stake in Abbvie Inc (ABBV) by 54.22% based on its latest 2017Q3 regulatory filing with the SEC. Private Harbour Investment Management & Counsel Llc sold 17,138 shares as the company’s stock rose 6.17% with the market. The institutional investor held 14,471 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $1.29 million, down from 31,609 at the end of the previous reported quarter. Private Harbour Investment Management & Counsel Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $165.73 billion market cap company. The stock decreased 0.53% or $0.55 during the last trading session, reaching $103.81. About 6.37 million shares traded or 24.22% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since January 19, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.

Marlowe Partners Lp decreased its stake in Zayo Group Hldgs Inc (ZAYO) by 20.54% based on its latest 2017Q3 regulatory filing with the SEC. Marlowe Partners Lp sold 196,879 shares as the company’s stock rose 1.36% with the market. The institutional investor held 761,824 shares of the public utilities company at the end of 2017Q3, valued at $26.22M, down from 958,703 at the end of the previous reported quarter. Marlowe Partners Lp who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be less bullish one the $8.81 billion market cap company. The stock decreased 2.60% or $0.95 during the last trading session, reaching $35.63. About 1.19 million shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 14.22% since January 19, 2017 and is uptrending. It has underperformed by 2.48% the S&P500.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. Zayo Group Holdings had 41 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, December 14 report. Stifel Nicolaus initiated Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Friday, January 13. Stifel Nicolaus has “Buy” rating and $40 target. MoffettNathanson downgraded the shares of ZAYO in report on Wednesday, August 5 to “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $40 target in Wednesday, October 18 report. SunTrust initiated the shares of ZAYO in report on Tuesday, December 13 with “Buy” rating. The rating was upgraded by Macquarie Research on Monday, November 30 to “Outperform”. The firm has “Buy” rating by Suntrust Robinson given on Tuesday, November 24. RBC Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Monday, October 2 with “Buy” rating. As per Tuesday, August 22, the company rating was maintained by Stifel Nicolaus. The firm has “Overweight” rating by JP Morgan given on Monday, September 21.

Since July 31, 2017, it had 0 insider purchases, and 19 selling transactions for $198.65 million activity. 10,711 shares were sold by Waters John F Jr., worth $387,096. Another trade for 12,500 shares valued at $458,750 was sold by Caruso Daniel. Shares for $161.45M were sold by GTCR FUND X/A LP. Shares for $706,067 were sold by Crouch Andrew on Wednesday, January 3. On Friday, December 29 Richardson Nina sold $24,078 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 655 shares. 812 shares were sold by Steinfort Matt, worth $28,379.

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.14, from 1.34 in 2017Q2. It turned negative, as 39 investors sold ZAYO shares while 77 reduced holdings. 41 funds opened positions while 98 raised stakes. 202.87 million shares or 6.79% more from 189.97 million shares in 2017Q2 were reported. Meiji Yasuda Asset Mngmt Ltd stated it has 23,230 shares or 0.08% of all its holdings. The California-based World Invsts has invested 0.12% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Ubs Asset Mngmt Americas invested in 486,077 shares or 0.02% of the stock. Artisan Prtn Partnership holds 438,818 shares. California-based Beach Point Cap Mgmt LP has invested 3.85% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Canada Pension Plan Investment Board invested in 0.17% or 2.47M shares. Thompson Davis And has invested 0.21% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Manufacturers Life The accumulated 0% or 8,997 shares. Wealthtrust, a Alabama-based fund reported 1,231 shares. Spo Advisory owns 13.43 million shares. 8,108 were reported by Fifth Third Bankshares. The Missouri-based American Century Cos has invested 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO). State Of Wisconsin Invest Board has invested 0.02% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Connable Office invested 0.59% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Tci Wealth Advisors accumulated 88 shares.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on February, 8. They expect $0.13 earnings per share, up 62.50% or $0.05 from last year’s $0.08 per share. ZAYO’s profit will be $32.16M for 68.52 P/E if the $0.13 EPS becomes a reality. After $0.11 actual earnings per share reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

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. The firm has “Hold” rating by Cowen & Co given on Tuesday, September 5. The company was downgraded on Monday, June 6 by Cowen & Co. On Monday, November 20 the stock rating was maintained by Cowen & Co with “Buy”. BMO Capital Markets maintained the shares of ABBV in report on Sunday, July 30 with “Hold” rating. The company was upgraded on Monday, December 7 by Jefferies. Goldman Sachs downgraded the shares of ABBV in report on Monday, March 7 to “Buy” rating. Deutsche Bank upgraded AbbVie Inc. (NYSE:ABBV) on Thursday, September 28 to “Hold” rating. The firm earned “Buy” rating on Monday, June 26 by Jefferies. Cowen & Co upgraded the shares of ABBV in report on Wednesday, October 11 to “Outperform” rating. TheStreet upgraded the stock to “Buy” rating in Tuesday, August 11 report.

Since July 31, 2017, it had 0 insider buys, and 8 insider sales for $45.57 million activity. On Monday, December 18 RICHMOND TIMOTHY J. sold $8.57 million worth of AbbVie Inc. (NYSE:ABBV) or 87,040 shares. 8,300 shares were sold by SALEKI-GERHARDT AZITA, worth $705,655. Gosebruch Henry O also sold $1.66M worth of AbbVie Inc. (NYSE:ABBV) shares. The insider Schumacher Laura J sold 145,510 shares worth $14.07M. On Thursday, September 28 the insider Michael Robert A. sold $589,512.

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