Benin Management Has Increased Abbott Labs (ABT) Holding; Sussex Bancorp (SBBX) Has 1.5 Sentiment

August 21, 2017 - By Nellie Frank

Sussex Bancorp is a bank holding company for Sussex Bank . The company has market cap of $141.34 million. The Company’s primary business is the ownership and supervision of the Bank. It has a 18.32 P/E ratio. The Firm has two business divisions: banking and financial services, and insurance services.

Benin Management Corp increased Abbott Labs (ABT) stake by 25.51% reported in 2016Q4 SEC filing. Benin Management Corp acquired 21,900 shares as Abbott Labs (ABT)’s stock declined 3.42%. The Benin Management Corp holds 107,763 shares with $4.14M value, up from 85,863 last quarter. Abbott Labs now has $84.74 billion valuation. The stock rose 0.06% or $0.03 reaching $48.77 per share. About 1.56M shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since August 21, 2016 and is uptrending. It has underperformed by 0.80% the S&P500.

Since January 1, 0001, it had 6 insider buys, and 0 sales for $609,960 activity.

About 6,973 shares traded. Sussex Bancorp (SBBX) has risen 89.35% since August 21, 2016 and is uptrending. It has outperformed by 72.65% the S&P500.

Seidman Lawrence B holds 3.74% of its portfolio in Sussex Bancorp for 254,317 shares. Pl Capital Advisors Llc owns 102,882 shares or 0.57% of their US portfolio. Moreover, Biondo Investment Advisors Llc has 0.43% invested in the company for 62,355 shares. The Illinois-based Banc Funds Co Llc has invested 0.29% in the stock. Basswood Capital Management L.L.C., a New York-based fund reported 273,061 shares.

Since February 23, 2017, it had 0 insider purchases, and 13 sales for $2.51 million activity. YOOR BRIAN B had sold 1,728 shares worth $78,434. $174,797 worth of stock was sold by Warmuth Michael J on Tuesday, February 28. Shares for $72,669 were sold by NATH DEEPAK S. on Tuesday, February 28. $72,069 worth of stock was sold by BIRD ROGER on Tuesday, February 28. Another trade for 552 shares valued at $26,482 was sold by Watkin Jared. Shares for $86,068 were sold by Mason Heather L. Funck Robert E also sold $1.16 million worth of Abbott Laboratories (NYSE:ABT) on Thursday, February 23.

Among 23 analysts covering Abbott Laboratories (NYSE:ABT), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Abbott Laboratories had 67 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, February 5 by Argus Research. The company was upgraded on Monday, December 7 by Jefferies. Deutsche Bank maintained the shares of ABT in report on Friday, July 21 with “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Monday, July 10. BMO Capital Markets downgraded the stock to “Market Perform” rating in Tuesday, March 14 report. The rating was initiated by UBS with “Neutral” on Tuesday, September 22. The rating was maintained by RBC Capital Markets on Thursday, January 26 with “Outperform”. On Tuesday, March 15 the stock rating was maintained by Jefferies with “Buy”. Argus Research maintained Abbott Laboratories (NYSE:ABT) rating on Friday, July 21. Argus Research has “Buy” rating and $62 target. On Monday, April 17 the stock rating was maintained by Cowen & Co with “Buy”.

Investors sentiment increased to 1.01 in Q4 2016. Its up 0.05, from 0.96 in 2016Q3. It is positive, as 83 investors sold ABT shares while 496 reduced holdings. 103 funds opened positions while 481 raised stakes. 1.06 billion shares or 1.63% more from 1.04 billion shares in 2016Q3 were reported. Prentiss Smith And Com Inc reported 212,573 shares or 4.98% of all its holdings. Blackhill holds 2.75% or 377,210 shares in its portfolio. Cordasco Networks invested in 2,000 shares. Tiemann Advsr Limited Liability Com has 0.54% invested in Abbott Laboratories (NYSE:ABT). 208 are owned by Kessler Invest Group Limited Liability Corp. 316 were reported by Macroview Mgmt Llc. Parasol Investment Mngmt Ltd Limited Liability Company invested 0.18% in Abbott Laboratories (NYSE:ABT). Natixis Asset Mgmt invested in 0.09% or 23,824 shares. Hm Payson reported 1.57% in Abbott Laboratories (NYSE:ABT). Tci Wealth Advisors Inc holds 0.42% or 20,761 shares. Edmp Inc owns 0.85% invested in Abbott Laboratories (NYSE:ABT) for 22,511 shares. Swiss Savings Bank holds 4.49M shares or 0.27% of its portfolio. Mutual Of Omaha Bank & Trust Wealth Management invested in 120,444 shares. Cim has invested 0.14% in Abbott Laboratories (NYSE:ABT). Douglass Winthrop Advisors Limited Company has 0.11% invested in Abbott Laboratories (NYSE:ABT).