

It looks like a great buy-and-hold option.

Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) and Abbott Laboratories (NYSE:ABT) both recently posted earnings that show two healthcare giants moving in opposite strategic directions.

Abbott (ABT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Andra AP fonden lowered its position in shares of Abbott Laboratories (NYSE: ABT) by 36.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 206,708 shares of the healthcare product maker's stock after selling 118,500 shares during the quarter.

AlTi Global Inc. lowered its stake in shares of Abbott Laboratories (NYSE: ABT) by 54.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,563 shares of the healthcare product maker's stock after selling 12,779 shares during the period. AlTi

Ascent Wealth Partners LLC reduced its stake in Abbott Laboratories (NYSE: ABT) by 29.4% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,255 shares of the healthcare product maker's stock after selling 27,145 shares during the quarter. Ascent Wealth

Assetmark Inc. grew its stake in shares of Abbott Laboratories (NYSE: ABT) by 8.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 202,552 shares of the healthcare product maker's stock after purchasing an additional 16,506 shares during the period. Assetmark Inc.'s

AIA Group Ltd grew its position in shares of Abbott Laboratories (NYSE: ABT) by 49.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 442,653 shares of the healthcare product maker's stock after purchasing an additional 147,225 shares during the
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