Johnson & Johnson (NYSE:JNJ) Holding Above The Trend Line

Lester Mason
October 17, 2017

The 52-Week High range of the stock is $137.52, while the 52-week low range is $109.32. CHICAGO TRUST Co NA now owns 24,437 shares of the company's stock worth $3,233,000 after acquiring an additional 1,800 shares during the period. Johnson & Johnson now has $365.35 billion valuation. The stock declined 0.60% or $0.82 reaching $135.61 on the news.

Shares of Johnson & Johnson (NYSE:JNJ) are hovering above their moving averages, indicating a postitive uptrend for the firm. It has underperformed by 4.16% the S&P500.

Fjarde Ap-Fonden Fourth Swedish National Pension Fund decreased Williams Cos Inc Del (WMB) stake by 12.97% reported in 2017Q2 SEC filing.

In related news, VP Paulus Stoffels sold 102,692 shares of Johnson & Johnson stock in a transaction dated Monday, July 24th. Looking back over the last month, shares have performed 1.68%. Williams Cos Inc Del now has $24.74B valuation. About 1.66M shares traded. ExOne Co (NASDAQ:XONE) has risen 50.11% since October 15, 2016 and is uptrending. It has outperformed by 23.50% the S&P500. Horan stated it has 62,818 shares. Finally, CIBC World Markets Inc. grew its stake in shares of Johnson & Johnson by 111.8% during the 1st quarter. Investment Technology Group Inc (NYSE:ITG) was reduced too.

Investors sentiment decreased to 0.83 in 2017 Q2. Its up 0.10, from 0.81 in 2017Q1.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JNJ. 131 funds opened positions while 449 raised stakes. Camarda Financial Advisors Llc accumulated 2,539 shares or 0.36% of the stock. Following the sale, the vice president now directly owns 230,342 shares in the company, valued at approximately $30,667,733.88. Moreover, Smith Asset Mngmt Grp Inc Limited Partnership has 0% invested in Johnson & Johnson (NYSE:JNJ) for 27 shares. Cornerstone Capital Mgmt Llc invested in 1.03 million shares or 1.07% of the stock. Eqis Capital Management Inc.'s holdings in Johnson & Johnson were worth $3,360,000 at the end of the most recent reporting period. Ativo Management Lc holds 0.64% or 17,821 shares in its portfolio. In terms of recent volatility, the average for the month is 1.02% and 1.06% for the past week.


Johnson & Johnson (NYSE JNJ) opened at 130.55 on Friday. Itau Unibanco Holding S.A. acquired a new stake in shares of Johnson & Johnson during the third quarter worth about $104,000. Corporate insiders own 0.19% of the company's stock. Koshinski Asset, Illinois-based fund reported 17,911 shares. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company's stock. Therefore 46% are positive. Finally, Jefferies Group LLC set a $145.00 price target on Johnson & Johnson and gave the stock a "hold" rating in a research report on Tuesday, August 15th. Barclays Capital has "Overweight" rating and $115 target. The rating was maintained by Argus Research with "Buy" on Wednesday, April 20. The firm has "Sell" rating given on Wednesday, August 2 by BTIG Research. The firm earned "Buy" rating on Friday, September 1 by RBC Capital Markets. On Monday, September 18 the stock rating was maintained by Jefferies with "Hold". As per Tuesday, August 22, the company rating was maintained by RBC Capital Markets.

Since May 3, 2017, it had 0 buys, and 4 sales for $6.59 million activity. About 437,900 shares traded. $2.54M worth of stock was sold by Ewing Robyn L on Monday, May 15. Private Savings Bank And Tru Com has 15,988 shares. Timmermans Ted T sold $30,725 worth of Williams Companies Inc (NYSE:WMB) on Tuesday, May 16. 36,067 were reported by Strategic Limited Company. ECA's profit would be $68.27 million giving it 40.43 P/E if the $0.07 EPS is correct. On average, analysts expect that Johnson & Johnson will post $7.11 EPS for the current fiscal year.

Country Trust Bank increased Ishares Barclays 1 To 3 Year (CSJ) stake by 14,298 shares to 367,235 valued at $38.67M in 2017Q2. It also upped Axalta Coating Sys Ltd stake by 15,128 shares and now owns 73,988 shares.

Investors sentiment decreased to 1.06 in Q2 2017. Its up 0.12, from 0.76 in 2017Q1. It fall, as 52 investors sold WMB shares while 206 reduced holdings. Cooke Bieler LP reported 480,197 shares stake. Omers Administration owns 569,007 shares for 0.95% of their portfolio. Fagan Associates reported 20,601 shares or 1.42% of all its holdings. Montag A & Assoc has 1.56% invested in Johnson & Johnson (NYSE:JNJ). Fincl Counselors holds 1.04% or 158,646 shares in its portfolio. Tiaa Cref Inv Mgmt Ltd Limited Liability Company reported 4.45 million shares. Sumitomo Mitsui Asset Mngmt stated it has 64,722 shares. Metropolitan Life Ins Ny has 0.12% invested in Williams Companies Inc (NYSE:WMB). It improved, as 7 investors sold ExOne Co shares while 17 reduced holdings. (NYSE:OMC) rating on Wednesday, April 12.

Among 18 analysts covering Williams Companies Inc. Therefore 41% are positive. Omnicom had 31 analyst reports since July 23, 2015 according to SRatingsIntel. 5,522 are owned by Cypress Capital Mgmt Ltd (Wy). The company presently has a consensus rating of "Hold" and an average price target of $135.98. As per Wednesday, August 12, the company rating was maintained by Credit Suisse. The rating was maintained by Jefferies on Tuesday, March 22 with "Buy". The company was maintained on Tuesday, September 13 by Jefferies. The stock has "Underperform" rating by Imperial Capital on Monday, March 28. The company was maintained on Tuesday, July 18 by BMO Capital Markets. The company was downgraded on Friday, May 6 by Raymond James. The stock has "Neutral" rating by Citigroup on Wednesday, July 26. The stock has "Buy" rating by UBS on Tuesday, August 2.

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