Quotient Ltd (QTNT) Reaches $7.64 After 5.00% Up Move; Duquesne Family Office Has Trimmed Abbvie (ABBV) Holding By $6.40 Million

May 19, 2017 - By Henry Gaston

The stock of Quotient Ltd (NASDAQ:QTNT) is a huge mover today! The stock increased 4.23% or $0.31 on May 19, reaching $7.64. About 124,738 shares traded or 22.38% up from the average. Quotient Ltd (NASDAQ:QTNT) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.The move comes after 9 months positive chart setup for the $283.99 million company. It was reported on May, 19 by Barchart.com. We have $8.02 PT which if reached, will make NASDAQ:QTNT worth $14.20 million more.

Duquesne Family Office Llc decreased Abbvie Inc (ABBV) stake by 7.79% reported in 2016Q4 SEC filing. Duquesne Family Office Llc sold 103,197 shares as Abbvie Inc (ABBV)’s stock 0.00%. The Duquesne Family Office Llc holds 1.22 million shares with $76.50M value, down from 1.32M last quarter. Abbvie Inc now has $104.79 billion valuation. The stock declined 0.08% or $0.05 reaching $65.53 per share. About 6.67 million shares traded or 14.21% up from the average. AbbVie Inc (NYSE:ABBV) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.05, from 1.03 in 2016Q3. It turned negative, as 86 investors sold ABBV shares while 555 reduced holdings. 99 funds opened positions while 531 raised stakes. 1.03 billion shares or 0.70% less from 1.04 billion shares in 2016Q3 were reported. Roundview Cap Limited Liability Co holds 0.69% of its portfolio in AbbVie Inc (NYSE:ABBV) for 34,576 shares. 9,640 were reported by Amica Retiree Med Trust. Oregon-based Ims Capital Mngmt has invested 0.99% in AbbVie Inc (NYSE:ABBV). 149,646 were reported by Savings Bank Of Hawaii. The Ohio-based Hengehold Cap Mgmt Limited Liability Corporation has invested 0.64% in AbbVie Inc (NYSE:ABBV). First Citizens Bancorp And Co holds 0.58% or 84,864 shares in its portfolio. Dt Partners Limited Liability Co owns 20,968 shares. Veritas Management Llp invested in 1,600 shares or 0.02% of the stock. Hamlin Capital Mgmt Limited Liability accumulated 1.09M shares or 3.04% of the stock. Checchi Capital Advisers Limited Liability Company stated it has 0.14% of its portfolio in AbbVie Inc (NYSE:ABBV). Visionary Asset Management holds 0.99% or 48,853 shares in its portfolio. Advsrs Asset Mgmt Inc owns 625,768 shares. Cape Cod Five Cents National Bank holds 33,541 shares. Salem Inv Counselors Inc reported 0.72% of its portfolio in AbbVie Inc (NYSE:ABBV). Moreover, Airain Ltd has 1.4% invested in AbbVie Inc (NYSE:ABBV) for 277,550 shares.

Duquesne Family Office Llc increased Pioneer Nat Res Co (NYSE:PXD) stake by 57,900 shares to 112,300 valued at $20.22 million in 2016Q4. It also upped Bank Amer Corp (NYSE:BAC) stake by 982,700 shares and now owns 2.56 million shares. Nucor Corp (NYSE:NUE) was raised too.

Among 17 analysts covering Abbvie Inc (NYSE:ABBV), 6 have Buy rating, 1 Sell and 10 Hold. Therefore 35% are positive. Abbvie Inc had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Wednesday, April 6 by Societe Generale. The rating was maintained by BMO Capital Markets on Wednesday, April 19 with “Hold”. Leerink Swann initiated the stock with “Mkt Perform” rating in Tuesday, October 18 report. The rating was downgraded by BMO Capital Markets on Friday, June 10 to “Market Perform”. Goldman Sachs maintained AbbVie Inc (NYSE:ABBV) on Friday, March 10 with “Buy” rating. On Friday, October 23 the stock rating was maintained by UBS with “Buy”. On Monday, October 31 the stock rating was downgraded by Credit Suisse to “Neutral”. The stock of AbbVie Inc (NYSE:ABBV) has “Buy” rating given on Tuesday, August 11 by TheStreet. Atlantic Securities initiated the shares of ABBV in report on Friday, December 18 with “Neutral” rating. The rating was upgraded by Citigroup to “Buy” on Tuesday, February 23.

Since December 2, 2016, it had 0 insider buys, and 7 sales for $12.45 million activity. The insider CHASE WILLIAM J sold 6,600 shares worth $390,654. On Wednesday, March 8 the insider GONZALEZ RICHARD A sold $4.63M. $2.88 million worth of AbbVie Inc (NYSE:ABBV) shares were sold by ALBAN CARLOS. On Friday, March 10 Schumacher Laura J sold $2.61M worth of AbbVie Inc (NYSE:ABBV) or 40,000 shares. Another trade for 5,132 shares valued at $335,068 was sold by Michael Robert A.. RICHMOND TIMOTHY J. had sold 22,451 shares worth $1.47 million on Friday, March 10. The insider HURWICH THOMAS A. sold $143,031.

Analysts await AbbVie Inc (NYSE:ABBV) to report earnings on August, 4. They expect $1.39 earnings per share, up 10.32% or $0.13 from last year’s $1.26 per share. ABBV’s profit will be $2.22B for 11.79 P/E if the $1.39 EPS becomes a reality. After $1.28 actual earnings per share reported by AbbVie Inc for the previous quarter, Wall Street now forecasts 8.59% EPS growth.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 1.60, from 2.43 in 2016Q3. It dived, as 7 investors sold Quotient Ltd shares while 5 reduced holdings. 1 funds opened positions while 9 raised stakes. 13.67 million shares or 2.04% more from 13.39 million shares in 2016Q3 were reported. Blackrock owns 123,942 shares. 2.24 million are owned by Sio Mngmt Ltd Co. Blackrock Advsrs reported 691,542 shares or 0% of all its holdings. Alyeska Invest Grp Ltd Partnership has 0.03% invested in Quotient Ltd (NASDAQ:QTNT). Royal Retail Bank Of Canada holds 0% or 2,000 shares in its portfolio. Park West Asset Mngmt Limited Com has invested 0.1% of its portfolio in Quotient Ltd (NASDAQ:QTNT). Ameriprise Finance invested in 0% or 1.69 million shares. Perceptive Advisors Ltd invested 0.98% of its portfolio in Quotient Ltd (NASDAQ:QTNT). The Massachusetts-based Geode Capital Mngmt Ltd Liability Co has invested 0% in Quotient Ltd (NASDAQ:QTNT). Blackrock Investment Management Limited Liability Corporation owns 89,250 shares or 0% of their US portfolio. Lpl Fincl Limited Liability Company owns 25,140 shares or 0% of their US portfolio. Clearbridge Limited Company holds 0.14% or 1.25 million shares in its portfolio. Morgan Stanley holds 0% of its portfolio in Quotient Ltd (NASDAQ:QTNT) for 506,676 shares. Colony Grp Lc owns 0.01% invested in Quotient Ltd (NASDAQ:QTNT) for 13,360 shares. Birchview Cap Ltd Partnership, Vermont-based fund reported 58,200 shares.

Analysts await Quotient Ltd (NASDAQ:QTNT) to report earnings on May, 22. They expect $-0.76 earnings per share, down 85.37% or $0.35 from last year’s $-0.41 per share. After $-1.06 actual earnings per share reported by Quotient Ltd for the previous quarter, Wall Street now forecasts -28.30% EPS growth.

Quotient Limited is a diagnostics company. The company has market cap of $283.99 million. The Firm focuses on blood grouping and donor disease screening, which is referred to as transfusion diagnostics. It currently has negative earnings. It is engaged in developing, manufacturing and commercializing conventional reagent products used for blood grouping within the global transfusion diagnostics market.

Among 2 analysts covering Quotient (NASDAQ:QTNT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Quotient has $30 highest and $18 lowest target. $24.67’s average target is 222.91% above currents $7.64 stock price. Quotient had 3 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Hold” on Friday, August 14. Jefferies initiated the stock with “Buy” rating in Tuesday, August 11 report. UBS maintained the stock with “Buy” rating in Wednesday, November 4 report.

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