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Investors adjust stakes in Abbott and AbbVie, both of which reported strong earnings and dividends.
Several institutional investors have recently adjusted their stakes in healthcare companies Abbott Laboratories and AbbVie Inc. Harel Insurance Investments bought 1,458 shares of Abbott, bringing its total to 2,451 shares, valued at $325,000.
Novare Capital Management reduced its holdings in Abbott by 1.9%, while Concurrent Investment Advisors increased its holdings in AbbVie by 26.5%, now owning 93,773 shares.
Both companies reported strong earnings, with Abbott exceeding expectations and declaring a $0.59 quarterly dividend.
AbbVie also surpassed earnings estimates and announced a $1.64 quarterly dividend.
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Los inversores ajustan las participaciones en Abbott y AbbVie, que reportaron fuertes ganancias y dividendos.