Lord, Abbett & Co. Llc Buys Citigroup Inc, US Bancorp, AbbVie Inc, Sells United States Steel Corp, Fifth Third Bancorp, Wells Fargo

• New Purchases: CRL, NI, DPS, YUMC, REGN, QTS, STZ, AGN, BSX, TXRH,
• Added Positions: C, USB, ABBV, LOW, ATR, XPO, EVHC, NWL, PNR, NTAP,
• Reduced Positions: FITB, WFC, CGNX, PFE, EIX, MMC, INTC, MU, SHOP, AAPL,
• Sold Out: X, MSM, THO, CATM, CE, AMCX, EFII, SLCA, ANTM, AKS,

For the details of LORD, ABBETT & CO. LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=LORD%2C+ABBETT+%26+CO.+LLC

1. JPMorgan Chase & Co (JPM) - 4,939,792 shares, 1.39% of the total portfolio. Shares reduced by 10.32%
2. Chevron Corp (CVX) - 3,949,441 shares, 1.27% of the total portfolio. Shares added by 11.33%
3. Apple Inc (AAPL) - 2,311,166 shares, 1.03% of the total portfolio. Shares reduced by 14.71%
4. Johnson & Johnson (JNJ) - 2,496,400 shares, 1.02% of the total portfolio. Shares reduced by 5.62%
5. Citizens Financial Group Inc (CFG) - 8,873,776 shares, 0.98% of the total portfolio. Shares reduced by 2.17%

Lord, Abbett & Co. Llc initiated holdings in Charles River Laboratories International Inc. The purchase prices were between $87.09 and $101.54, with an estimated average price of $91.95. The stock is now traded at around $104.99. The impact to the portfolio due to this purchase was 0.2%. The holdings were 651,652 shares as of 2017-06-30.

Lord, Abbett & Co. Llc initiated holdings in NiSource Inc. The purchase prices were between $23.66 and $26.44, with an estimated average price of $24.9. The stock is now traded at around $26.94. The impact to the portfolio due to this purchase was 0.2%. The holdings were 2,518,710 shares as of 2017-06-30.

Lord, Abbett & Co. Llc initiated holdings in Yum China Holdings Inc. The purchase prices were between $27.2 and $41.7, with an estimated average price of $35.89. The stock is now traded at around $36.27. The impact to the portfolio due to this purchase was 0.19%. The holdings were 1,577,905 shares as of 2017-06-30.

Lord, Abbett & Co. Llc initiated holdings in Dr Pepper Snapple Group Inc. The purchase prices were between $90.23 and $98.88, with an estimated average price of $93.67. The stock is now traded at around $89.96. The impact to the portfolio due to this purchase was 0.19%. The holdings were 680,500 shares as of 2017-06-30.

Lord, Abbett & Co. Llc initiated holdings in Regeneron Pharmaceuticals Inc. The purchase prices were between $366.06 and $526.53, with an estimated average price of $435.96. The stock is now traded at around $485.26. The impact to the portfolio due to this purchase was 0.16%. The holdings were 105,736 shares as of 2017-06-30.

Lord, Abbett & Co. Llc initiated holdings in QTS Realty Trust Inc. The purchase prices were between $48.72 and $54.21, with an estimated average price of $51.73. The stock is now traded at around $54.22. The impact to the portfolio due to this purchase was 0.15%. The holdings were 920,533 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in Citigroup Inc by 223.83%. The purchase prices were between $57.72 and $66.98, with an estimated average price of $61.27. The stock is now traded at around $67.69. The impact to the portfolio due to this purchase was 0.3%. The holdings were 2,126,630 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in US Bancorp by 842.26%. The purchase prices were between $49.69 and $52.94, with an estimated average price of $51.48. The stock is now traded at around $51.85. The impact to the portfolio due to this purchase was 0.24%. The holdings were 1,710,200 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in Lowe's Companies Inc by 80.99%. The purchase prices were between $76.07 and $86.06, with an estimated average price of $81.72. The stock is now traded at around $72.61. The impact to the portfolio due to this purchase was 0.23%. The holdings were 2,131,387 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in AbbVie Inc by 173.68%. The purchase prices were between $63.45 and $73.18, with an estimated average price of $67.13. The stock is now traded at around $72.11. The impact to the portfolio due to this purchase was 0.23%. The holdings were 1,641,018 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in AptarGroup Inc by 294.67%. The purchase prices were between $75.8 and $87.14, with an estimated average price of $82.17. The stock is now traded at around $81.08. The impact to the portfolio due to this purchase was 0.2%. The holdings were 1,013,917 shares as of 2017-06-30.

Lord, Abbett & Co. Llc added to the holdings in XPO Logistics Inc by 159.80%. The purchase prices were between $44.99 and $64.76, with an estimated average price of $53.87. The stock is now traded at around $56.75. The impact to the portfolio due to this purchase was 0.2%. The holdings were 1,593,071 shares as of 2017-06-30.

Lord, Abbett & Co. Llc sold out the holdings in United States Steel Corp. The sale prices were between $19.17 and $34.72, with an estimated average price of $23.9.

Lord, Abbett & Co. Llc sold out the holdings in MSC Industrial Direct Co Inc. The sale prices were between $82.15 and $103.02, with an estimated average price of $88.22.

Lord, Abbett & Co. Llc sold out the holdings in Thor Industries Inc. The sale prices were between $89.41 and $108.8, with an estimated average price of $96.72.

Lord, Abbett & Co. Llc sold out the holdings in Cardtronics PLC. The sale prices were between $32.24 and $46.75, with an estimated average price of $37.67.

Lord, Abbett & Co. Llc sold out the holdings in Celanese Corp. The sale prices were between $83.79 and $95.63, with an estimated average price of $89.08.

Lord, Abbett & Co. Llc sold out the holdings in AMC Networks Inc. The sale prices were between $51.74 and $60.36, with an estimated average price of $56.

Lord, Abbett & Co. Llc reduced to the holdings in Wells Fargo & Co by 51.01%. The sale prices were between $51.14 and $55.78, with an estimated average price of $53.56. The stock is now traded at around $52.16. The impact to the portfolio due to this sale was -0.28%. Lord, Abbett & Co. Llc still held 1,566,285 shares as of 2017-06-30.

Lord, Abbett & Co. Llc reduced to the holdings in Fifth Third Bancorp by 94.88%. The sale prices were between $23.62 and $26.07, with an estimated average price of $24.71. The stock is now traded at around $26.85. The impact to the portfolio due to this sale was -0.28%. Lord, Abbett & Co. Llc still held 197,000 shares as of 2017-06-30.

Lord, Abbett & Co. Llc reduced to the holdings in Cognex Corp by 59.25%. The sale prices were between $79.83 and $95.92, with an estimated average price of $88.81. The stock is now traded at around $103.22. The impact to the portfolio due to this sale was -0.25%. Lord, Abbett & Co. Llc still held 669,743 shares as of 2017-06-30.

Lord, Abbett & Co. Llc reduced to the holdings in Pfizer Inc by 22.96%. The sale prices were between $31.75 and $34.34, with an estimated average price of $33.25. The stock is now traded at around $33.23. The impact to the portfolio due to this sale was -0.25%. Lord, Abbett & Co. Llc still held 8,096,784 shares as of 2017-06-30.

Lord, Abbett & Co. Llc reduced to the holdings in Edison International by 44.57%. The sale prices were between $77.59 and $82.18, with an estimated average price of $80.11. The stock is now traded at around $80.20. The impact to the portfolio due to this sale was -0.22%. Lord, Abbett & Co. Llc still held 1,117,600 shares as of 2017-06-30.

Lord, Abbett & Co. Llc reduced to the holdings in Marsh & McLennan Companies Inc by 82.42%. The sale prices were between $71.88 and $80.27, with an estimated average price of $75.45. The stock is now traded at around $76.88. The impact to the portfolio due to this sale was -0.2%. Lord, Abbett & Co. Llc still held 183,700 shares as of 2017-06-30.