As Abbvie Com (ABBV) Stock Value Rose, Shareholder Pettyjohn Wood & White Trimmed by $2.30 Million Its Stake; Thomson Horstmann & Bryant Position in Allied Motion Tech (AMOT) Has Decreased as Stock Value Rose

December 17, 2017 - By Stephen Andrade

Thomson Horstmann & Bryant Inc decreased its stake in Allied Motion Tech (AMOT) by 3.5% based on its latest 2017Q2 regulatory filing with the SEC. Thomson Horstmann & Bryant Inc sold 17,469 shares as the company’s stock rose 5.94% with the market. The institutional investor held 482,128 shares of the capital goods company at the end of 2017Q2, valued at $13.12 million, down from 499,597 at the end of the previous reported quarter. Thomson Horstmann & Bryant Inc who had been investing in Allied Motion Tech for a number of months, seems to be less bullish one the $315.16 million market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $33.34. About 77,917 shares traded or 157.81% up from the average. Allied Motion Technologies Inc. (NASDAQ:AMOT) has risen 17.46% since December 17, 2016 and is uptrending. It has outperformed by 0.76% the S&P500.

Pettyjohn Wood & White Inc decreased its stake in Abbvie Inc. Com (ABBV) by 63.74% based on its latest 2017Q2 regulatory filing with the SEC. Pettyjohn Wood & White Inc sold 31,969 shares as the company’s stock rose 6.17% with the market. The institutional investor held 18,190 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $1.32M, down from 50,159 at the end of the previous reported quarter. Pettyjohn Wood & White Inc who had been investing in Abbvie Inc. Com for a number of months, seems to be less bullish one the $155.57 billion market cap company. The stock increased 1.19% or $1.15 during the last trading session, reaching $97.45. About 11.56 million shares traded or 97.08% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since December 17, 2016 and is uptrending. It has underperformed by 6.07% the S&P500.

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on January, 26. They expect $1.43 earnings per share, up 19.17% or $0.23 from last year’s $1.2 per share. ABBV’s profit will be $2.28 billion for 17.04 P/E if the $1.43 EPS becomes a reality. After $1.41 actual earnings per share reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 1.42% EPS growth.

Investors sentiment increased to 1 in Q2 2017. Its up 0.01, from 0.99 in 2017Q1. It increased, as 55 investors sold ABBV shares while 581 reduced holdings. 138 funds opened positions while 500 raised stakes. 1.04 billion shares or 0.53% more from 1.04 billion shares in 2017Q1 were reported. Ccm Investment Advisers Ltd Liability Corp stated it has 2.01% of its portfolio in AbbVie Inc. (NYSE:ABBV). Livingston Group Asset (Operating As Southport Cap Management) holds 13,049 shares or 0.42% of its portfolio. State Street accumulated 0.46% or 71.40M shares. Community Bancorp Na, New York-based fund reported 66,744 shares. 268,493 are owned by Sei Invests Com. Indiana Trust Inv Mgmt reported 0.64% of its portfolio in AbbVie Inc. (NYSE:ABBV). Pggm Invs holds 1.02M shares. E&G LP holds 5,700 shares. Wealthtrust Fairport Ltd Com stated it has 114,916 shares. 8,372 were reported by Vestor Limited. Geode Mngmt reported 15.02M shares or 0.43% of all its holdings. The Missouri-based Duncker Streett has invested 1.47% in AbbVie Inc. (NYSE:ABBV). Evanson Asset Mgmt Lc holds 10,637 shares or 0.18% of its portfolio. The New York-based Gotham Asset Mngmt Limited Com has invested 0.3% in AbbVie Inc. (NYSE:ABBV). Commonwealth Equity Services Inc stated it has 623,618 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 69 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, May 25 by Jefferies. Goldman Sachs downgraded it to “Buy” rating and $68 target in Monday, March 7 report. On Friday, October 23 the stock rating was maintained by UBS with “Buy”. The firm earned “Outperform” rating on Monday, October 2 by Leerink Swann. Citigroup upgraded AbbVie Inc. (NYSE:ABBV) on Monday, September 28 to “” rating. BMO Capital Markets maintained AbbVie Inc. (NYSE:ABBV) rating on Wednesday, October 11. BMO Capital Markets has “Hold” rating and $66.0 target. The rating was initiated by Atlantic Securities with “Neutral” on Friday, December 18. On Thursday, July 20 the stock rating was maintained by Credit Suisse with “Hold”. Cowen & Co maintained the shares of ABBV in report on Monday, November 20 with “Buy” rating. SunTrust maintained AbbVie Inc. (NYSE:ABBV) on Sunday, October 29 with “Buy” rating.

Since July 31, 2017, it had 0 buys, and 6 selling transactions for $22.93 million activity. SALEKI-GERHARDT AZITA sold $705,655 worth of AbbVie Inc. (NYSE:ABBV) on Monday, September 11. Another trade for 6,699 shares valued at $589,512 was made by Michael Robert A. on Thursday, September 28. 87,899 shares were sold by GONZALEZ RICHARD A, worth $6.24 million on Thursday, August 3.

Pettyjohn Wood & White Inc, which manages about $364.69M and $269.73 million US Long portfolio, upped its stake in Berkshire Hathaway Inc Cl B (BRKB) by 3,678 shares to 28,928 shares, valued at $4.90 million in 2017Q2, according to the filing.

Among 2 analysts covering Allied Motion (NASDAQ:AMOT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Allied Motion had 3 analyst reports since April 21, 2016 according to SRatingsIntel. The stock has “Neutral” rating by Dougherty & Company on Friday, July 1. Craig Hallum maintained it with “Buy” rating and $33 target in Friday, May 6 report. The stock has “Buy” rating by Craig Hallum on Thursday, April 21.

Analysts await Allied Motion Technologies Inc. (NASDAQ:AMOT) to report earnings on March, 12. They expect $0.16 EPS, up 100.00% or $0.08 from last year’s $0.08 per share. AMOT’s profit will be $1.51 million for 52.09 P/E if the $0.16 EPS becomes a reality. After $0.33 actual EPS reported by Allied Motion Technologies Inc. for the previous quarter, Wall Street now forecasts -51.52% negative EPS growth.

Thomson Horstmann & Bryant Inc, which manages about $1.82B and $773.88M US Long portfolio, upped its stake in Condor Hospitality Trust Inc by 113,239 shares to 463,239 shares, valued at $4.96M in 2017Q2, according to the filing. It also increased its holding in Meridian Bancorp Inc (NASDAQ:EBSB) by 76,753 shares in the quarter, for a total of 355,817 shares, and has risen its stake in Del Friscos Rstrnt Grp (NASDAQ:DFRG).

Investors sentiment increased to 2.12 in 2017 Q2. Its up 1.43, from 0.69 in 2017Q1. It increased, as 4 investors sold AMOT shares while 13 reduced holdings. 12 funds opened positions while 24 raised stakes. 3.72 million shares or 6.94% more from 3.48 million shares in 2017Q1 were reported. Nationwide Fund reported 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). Salem Counselors Inc accumulated 0.13% or 42,082 shares. Bridgeway Capital Mgmt accumulated 43,650 shares. California Pub Employees Retirement System stated it has 0% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT). Punch & Inv Management Incorporated holds 0.25% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT) for 99,153 shares. California State Teachers Retirement Sys invested 0% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT). Ancora Advsr Limited Liability Company, a Us-based fund reported 168,037 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT) for 546 shares. 129,434 were reported by Bancorporation Of Ny Mellon Corp. Investment Mngmt Of Virginia Limited Liability Corp holds 0.41% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT) for 62,095 shares. Panagora Asset Management holds 1,446 shares. Jpmorgan Chase & Com has 1,119 shares for 0% of their portfolio. Morgan Stanley holds 49,646 shares or 0% of its portfolio. Croft has invested 0.08% in Allied Motion Technologies Inc. (NASDAQ:AMOT). The North Carolina-based National Bank Of America Corporation De has invested 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT).