Capwealth Advisors Has Increased Its Ryman Hospitality Pptys (RHP) Holding by $357,420; Abbvie (ABBV) Share Price Declined While Trustmark National Bank Trust Department Has Lowered Its Holding by $344,160

April 17, 2018 - By Kurt Siggers

AbbVie Inc. (NYSE:ABBV) Logo

Capwealth Advisors Llc increased its stake in Ryman Hospitality Pptys Inc (RHP) by 15.62% based on its latest 2017Q4 regulatory filing with the SEC. Capwealth Advisors Llc bought 5,180 shares as the company’s stock rose 7.37% while stock markets declined. The institutional investor held 38,347 shares of the consumer services company at the end of 2017Q4, valued at $2.65M, up from 33,167 at the end of the previous reported quarter. Capwealth Advisors Llc who had been investing in Ryman Hospitality Pptys Inc for a number of months, seems to be bullish on the $4.04 billion market cap company. The stock increased 0.84% or $0.66 during the last trading session, reaching $79.68. About 32,149 shares traded. Ryman Hospitality Properties, Inc. (NYSE:RHP) has risen 23.74% since April 17, 2017 and is uptrending. It has outperformed by 12.19% the S&P500.

Trustmark National Bank Trust Department decreased its stake in Abbvie Inc (ABBV) by 7.54% based on its latest 2017Q4 regulatory filing with the SEC. Trustmark National Bank Trust Department sold 3,585 shares as the company’s stock declined 6.31% with the market. The institutional investor held 43,950 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $4.25 million, down from 47,535 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $147.78 billion market cap company. The stock increased 0.58% or $0.54 during the last trading session, reaching $93.14. About 1.36M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 39.20% since April 17, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Among 23 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 11 Hold. Therefore 43% are positive. Abbvie Inc had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, March 23 by BMO Capital Markets. Deutsche Bank initiated the stock with “Hold” rating in Tuesday, March 15 report. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, April 5. The stock of AbbVie Inc. (NYSE:ABBV) earned “Hold” rating by BMO Capital Markets on Wednesday, June 7. The stock of AbbVie Inc. (NYSE:ABBV) has “Outperform” rating given on Monday, October 30 by Leerink Swann. The firm has “Buy” rating given on Thursday, May 25 by Jefferies. The firm has “Buy” rating by Jefferies given on Friday, March 23. Credit Suisse maintained AbbVie Inc. (NYSE:ABBV) rating on Thursday, July 20. Credit Suisse has “Hold” rating and $7400 target. Atlantic Securities initiated the stock with “Neutral” rating in Friday, December 18 report. Jefferies maintained the shares of ABBV in report on Friday, September 15 with “Buy” rating.

Since October 30, 2017, it had 0 insider purchases, and 12 insider sales for $49.35 million activity. Gosebruch Henry O also sold $1.66 million worth of AbbVie Inc. (NYSE:ABBV) shares. Schumacher Laura J had sold 145,510 shares worth $14.07M. Shares for $311,684 were sold by SEVERINO MICHAEL on Wednesday, February 28. $157,458 worth of stock was sold by SALEKI-GERHARDT AZITA on Wednesday, February 28. Michael Robert A. had sold 992 shares worth $119,351. CHASE WILLIAM J also sold $8.31 million worth of AbbVie Inc. (NYSE:ABBV) shares.

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on April, 26 before the open. They expect $1.78 EPS, up 39.06% or $0.50 from last year’s $1.28 per share. ABBV’s profit will be $2.82 billion for 13.08 P/E if the $1.78 EPS becomes a reality. After $1.48 actual EPS reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 20.27% EPS growth.

Trustmark National Bank Trust Department, which manages about $2.00 billion and $911.51 million US Long portfolio, upped its stake in Vanguard (VB) by 94,060 shares to 128,616 shares, valued at $19.01 million in 2017Q4, according to the filing. It also increased its holding in First Eagle (SGIIX) by 6,797 shares in the quarter, for a total of 112,603 shares, and has risen its stake in Vanguard (VUG).

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.05, from 0.85 in 2017Q3. It dropped, as 42 investors sold ABBV shares while 695 reduced holdings. 139 funds opened positions while 448 raised stakes. 1.06 billion shares or 0.35% more from 1.06 billion shares in 2017Q3 were reported. Mitsubishi Ufj Trust Bk holds 3.49 million shares or 0.59% of its portfolio. X Comm Limited Liability Co holds 0.06% or 27,521 shares in its portfolio. Cleararc Capital reported 1.06% stake. Schnieders Capital Mgmt Ltd accumulated 33,711 shares or 1.35% of the stock. Bartlett And Com Limited Liability Co owns 0.51% invested in AbbVie Inc. (NYSE:ABBV) for 133,377 shares. Bowling Portfolio Mngmt Lc invested in 0.67% or 51,917 shares. Centurylink Invest Mgmt Co stated it has 0.38% of its portfolio in AbbVie Inc. (NYSE:ABBV). Apriem Advisors holds 71,584 shares or 1.72% of its portfolio. Altfest L J Inc stated it has 21,153 shares or 0.78% of all its holdings. Schafer Cullen Capital Mgmt Inc accumulated 64,307 shares or 0.07% of the stock. Rampart Mngmt Ltd Limited Liability Company stated it has 0.73% in AbbVie Inc. (NYSE:ABBV). Guggenheim Cap Limited Liability Corp accumulated 1.74 million shares or 0.4% of the stock. Commonwealth Bank & Trust Of Australia holds 0.12% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 122,911 shares. Keystone Fincl Planning, a Ohio-based fund reported 5,076 shares. Marathon Cap Mngmt holds 0.09% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 2,511 shares.

Among 8 analysts covering Ryman Hospitality Properties (NYSE:RHP), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Ryman Hospitality Properties had 21 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Wednesday, August 17 with “Neutral”. Wells Fargo downgraded the shares of RHP in report on Wednesday, October 14 to “Underperform” rating. The rating was upgraded by Bank of America to “Buy” on Monday, January 8. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) has “Buy” rating given on Thursday, August 10 by Deutsche Bank. Citigroup upgraded the shares of RHP in report on Friday, April 6 to “Buy” rating. The rating was downgraded by Raymond James on Friday, July 14 to “Market Perform”. Deutsche Bank maintained it with “Buy” rating and $81 target in Friday, February 9 report. The firm earned “Outperform” rating on Tuesday, December 19 by Wells Fargo. As per Tuesday, October 17, the company rating was maintained by SunTrust. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) has “Hold” rating given on Monday, July 17 by Raymond James.

Capwealth Advisors Llc, which manages about $719.93M and $555.64M US Long portfolio, decreased its stake in Bank America Corp (NYSE:BAC) by 17,972 shares to 1.11 million shares, valued at $32.90M in 2017Q4, according to the filing. It also reduced its holding in General Electric Company (NYSE:GE) by 402,207 shares in the quarter, leaving it with 25,342 shares, and cut its stake in Ford Motor Company New (NYSE:F).

Ryman Hospitality Properties, Inc. (NYSE:RHP) Institutional Positions Chart

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By1 Kurt Siggers

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