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Dogwood Wealth Management boosts stake in AbbVie as the company beats earnings estimates.
Dogwood Wealth Management LLC increased its stake in AbbVie Inc. by 30%, buying 75 more shares to total 325 shares, worth $68,000.
AbbVie reported a 2.7% increase in earnings per share to $2.46, surpassing analyst estimates and showing an 8.4% rise in revenue compared to last year.
Meanwhile, Brick & Kyle Associates reduced its holdings in AbbVie by selling 14,985 shares, now owning 20,358 shares worth $4.256 million.
AbbVie's stock price ranges from a 52-week low of $163.81 to a high of $218.66.
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Dogwood Wealth Management aumenta su participación en AbbVie a medida que la compañía supera las estimaciones de ganancias.