* **Hedge fund activity:** North Point Portfolio Managers Corp OH reduced its stake in Abbott Laboratories, indicating a potential shift in investment strategy. * **Market context:** The move could be influenced by factors such as Abbott Laboratories’ recent financial performance, industry trends, or investor sentiment. * **Institutional investor activity:** The change in holdings by North Point Portfolio Managers Corp OH is part of a broader trend of institutional investors adjusting their positions in Abbott Laboratories.
* Abbott Laboratories recently declared a quarterly dividend, signaling its commitment to shareholder value. * The dividend yield is relatively low, but it still offers a modest return for investors. * Analysts have revised their price targets for Abbott Laboratories, indicating a positive outlook for the company’s future performance.
Abbott Laboratories is a global leader in the healthcare industry, with a strong presence in over 100 countries. The company’s history dates back to 1888, when it was founded as a small pharmaceutical company in Chicago. Over the years, Abbott Laboratories has grown significantly, expanding its product portfolio and global reach. Today, it is one of the largest healthcare companies in the world, with a diverse range of products and services that address a wide range of health needs.