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China Universal Asset Management Co. Ltd. Sells 15,607 Shares of Abbott Laboratories $ABT
China Universal Asset Management Co. Ltd. significantly reduced its stake in Abbott Laboratories by 77.9% in Q3, selling 15,607 shares. Despite this, other institutional investors increased their positions, and an Abbott director purchased 10,000 shares. Abbott also raised its quarterly dividend and received a consensus “Moderate Buy” rating from analysts with an average price target of $137.05.