As Abbvie (ABBV) Market Value Declined, Alpha Cubed Investments Has Cut Its Position; Segall Bryant & Hamill Trimmed Its Stake in Union Pacific (UNP) by $414,194

April 21, 2018 - By Vivian Currie

AbbVie Inc. (NYSE:ABBV) Logo

Alpha Cubed Investments Llc decreased its stake in Abbvie Inc (ABBV) by 14.6% based on its latest 2017Q4 regulatory filing with the SEC. Alpha Cubed Investments Llc sold 7,250 shares as the company’s stock declined 6.31% with the market. The institutional investor held 42,420 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $4.10 million, down from 49,670 at the end of the previous reported quarter. Alpha Cubed Investments Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $146.93 billion market cap company. The stock decreased 0.44% or $0.41 during the last trading session, reaching $92.6. About 4.75 million shares traded. AbbVie Inc. (NYSE:ABBV) has risen 39.20% since April 21, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Segall Bryant & Hamill Llc decreased its stake in Union Pacific Corp (UNP) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Segall Bryant & Hamill Llc sold 3,091 shares as the company’s stock declined 2.36% with the market. The hedge fund held 100,517 shares of the railroads company at the end of 2017Q4, valued at $13.48 million, down from 103,608 at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in Union Pacific Corp for a number of months, seems to be less bullish one the $105.22 billion market cap company. The stock decreased 1.69% or $2.33 during the last trading session, reaching $135.66. About 4.25M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since April 21, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Since October 30, 2017, it had 0 insider buys, and 12 sales for $49.35 million activity. 4,294 shares valued at $512,853 were sold by Michael Robert A. on Wednesday, February 28. CHASE WILLIAM J sold $8.31M worth of stock or 70,928 shares. 2,643 shares valued at $311,684 were sold by SEVERINO MICHAEL on Wednesday, February 28. RICHMOND TIMOTHY J. sold $2.15 million worth of stock. SALEKI-GERHARDT AZITA had sold 1,337 shares worth $157,458 on Wednesday, February 28. $9.57 million worth of AbbVie Inc. (NYSE:ABBV) was sold by ALBAN CARLOS.

Alpha Cubed Investments Llc, which manages about $320.00M and $765.95 million US Long portfolio, upped its stake in Eaton Corp Plc (NYSE:ETN) by 25,771 shares to 201,763 shares, valued at $15.94M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (IEFA) by 40,490 shares in the quarter, for a total of 217,401 shares, and has risen its stake in United Parcel Service Inc (NYSE:UPS).

Among 23 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 11 Hold. Therefore 43% are positive. Abbvie Inc had 89 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, January 29, the company rating was downgraded by Leerink Swann. The stock of AbbVie Inc. (NYSE:ABBV) earned “Buy” rating by Piper Jaffray on Thursday, September 28. The rating was maintained by Bank of America on Monday, March 26 with “Hold”. Jefferies maintained AbbVie Inc. (NYSE:ABBV) rating on Friday, March 23. Jefferies has “Buy” rating and $12500 target. Leerink Swann initiated the shares of ABBV in report on Tuesday, October 18 with “Mkt Perform” rating. Atlantic Securities initiated the stock with “Neutral” rating in Friday, December 18 report. As per Thursday, January 4, the company rating was maintained by Jefferies. The firm has “Neutral” rating by UBS given on Monday, September 25. The firm has “Hold” rating by Cowen & Co given on Friday, July 28. BMO Capital Markets maintained it with “Hold” rating and $6600 target in Sunday, July 30 report.

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on April, 26 before the open. They expect $1.78 EPS, up 39.06% or $0.50 from last year’s $1.28 per share. ABBV’s profit will be $2.82 billion for 13.01 P/E if the $1.78 EPS becomes a reality. After $1.48 actual EPS reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 20.27% EPS growth.

Investors sentiment decreased to 0.8 in 2017 Q4. Its down 0.05, from 0.85 in 2017Q3. It worsened, as 42 investors sold ABBV shares while 695 reduced holdings. 139 funds opened positions while 448 raised stakes. 1.06 billion shares or 0.35% more from 1.06 billion shares in 2017Q3 were reported. Bkd Wealth Advisors Ltd has invested 0.15% in AbbVie Inc. (NYSE:ABBV). Penobscot Invest stated it has 2.54% in AbbVie Inc. (NYSE:ABBV). Legacy Ptnrs Inc invested in 57,324 shares. Dorsey Whitney Tru Com Ltd Com reported 0.34% of its portfolio in AbbVie Inc. (NYSE:ABBV). Fort Lp owns 2.2% invested in AbbVie Inc. (NYSE:ABBV) for 96,912 shares. Wall Street Access Asset Limited Liability Com invested in 3,714 shares or 0.57% of the stock. Swedbank invested 0.71% of its portfolio in AbbVie Inc. (NYSE:ABBV). Ubs Asset Mngmt Americas Inc holds 0.47% or 5.72M shares. Forte Limited Com Adv holds 0.44% or 15,301 shares. Page Arthur B reported 0.61% in AbbVie Inc. (NYSE:ABBV). Crossvault Management Ltd Liability Company invested in 0.58% or 11,382 shares. Deutsche Bancorp Ag reported 4.16 million shares or 0.26% of all its holdings. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management holds 10,300 shares or 0.01% of its portfolio. Boys Arnold reported 0.51% of its portfolio in AbbVie Inc. (NYSE:ABBV). Leucadia National invested 0.04% of its portfolio in AbbVie Inc. (NYSE:ABBV).

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.04, from 0.9 in 2017Q3. It increased, as 49 investors sold UNP shares while 505 reduced holdings. 128 funds opened positions while 391 raised stakes. 598.50 million shares or 0.52% less from 601.66 million shares in 2017Q3 were reported. Covington Capital Management invested in 106,053 shares or 0.88% of the stock. Koshinski Asset Mngmt Incorporated stated it has 4,719 shares. Gulf Bancorp (Uk) Ltd invested in 0.43% or 253,031 shares. Security Natl reported 1.06% in Union Pacific Corporation (NYSE:UNP). Btim reported 1.13% in Union Pacific Corporation (NYSE:UNP). 4,545 are held by Hrt Ltd Liability Co. The Connecticut-based Paloma Prns has invested 0.18% in Union Pacific Corporation (NYSE:UNP). First Eagle Invest invested 1.98% in Union Pacific Corporation (NYSE:UNP). Westfield Capital Limited Partnership has 938,694 shares. The New York-based Clear Harbor Asset Mgmt Ltd Com has invested 0.38% in Union Pacific Corporation (NYSE:UNP). Moreover, Trb Advsr LP has 5.72% invested in Union Pacific Corporation (NYSE:UNP). Evermay Wealth Mgmt Ltd, a Virginia-based fund reported 1,933 shares. Dupont Mngmt invested 0.55% in Union Pacific Corporation (NYSE:UNP). Ashford Inc holds 41,810 shares. 2,100 were reported by Lafayette Invs.

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 14 have Buy rating, 2 Sell and 13 Hold. Therefore 48% are positive. Union Pacific Corporation had 109 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital on Monday, October 5 to “Equal-Weight”. The company was upgraded on Friday, June 3 by Morgan Stanley. The company was maintained on Thursday, July 20 by Oppenheimer. Citigroup upgraded Union Pacific Corporation (NYSE:UNP) on Wednesday, February 14 to “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, October 26. JP Morgan maintained it with “Neutral” rating and $113 target in Thursday, October 12 report. Scotia Capital maintained Union Pacific Corporation (NYSE:UNP) on Thursday, January 11 with “Hold” rating. The company was maintained on Thursday, November 9 by RBC Capital Markets. The firm has “Buy” rating given on Friday, July 24 by UBS. The firm has “Hold” rating by RBC Capital Markets given on Thursday, August 24.

Segall Bryant & Hamill Llc, which manages about $9.47B and $4.54B US Long portfolio, upped its stake in Silgan Holdings Inc (NASDAQ:SLGN) by 19,337 shares to 167,411 shares, valued at $4.92M in 2017Q4, according to the filing. It also increased its holding in Dowdupont Inc by 23,698 shares in the quarter, for a total of 164,101 shares, and has risen its stake in Jack In The Box Inc Com (NASDAQ:JACK).

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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