Greatmark Investment Partners Inc. Sells 1352 Shares of Johnson & Johnson (JNJ)

Lloyd Doyle
November 28, 2017

The stock declined 1.93% or $0.32 reaching $16.05 per share. About 341,718 shares traded.

Rhumbline Advisers trimmed its position in shares of Johnson & Johnson (NYSE:JNJ) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. It has underperformed by 65.41% the S&P500.

Hengehold Capital Management Llc decreased Johnson & Johnson (JNJ) stake by 14.26% reported in 2017Q2 SEC filing. Waverton Investment Management Ltd sold 25,244 shares as Johnson & Johnson Com Us$1.00 (JNJ)'s stock rose 6.85%. BlackRock Inc. now owns 174,073,764 shares of the company's stock valued at $23,028,219,000 after acquiring an additional 4,332,612 shares during the last quarter. Johnson & Johnson (JNJ) now trades with a market capitalization of $368.83 Billion. The stock has been active on the tape, now trading at $138.01, up from yesterday's close by 0.52%. 2,606,800 shares of the company's stock were exchanged, compared to its average volume of 5,872,014. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since November 27, 2016 and is uptrending. It has underperformed by 80.46% the S&P500. The Pecaut & Company holds 30,581 shares with $4.05M value, up from 26,331 last quarter. It also upped Ishares Tr (IUSV) stake by 95,473 shares and now owns 129,856 shares. Colony Northstar Inc was raised too. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. Therefore 57% are positive. Jefferies Group LLC set a $145.00 price objective on shares of Johnson & Johnson and gave the stock a "hold" rating in a research report on Tuesday, August 15th. The firm earned "Neutral" rating on Monday, October 5 by Piper Jaffray. Credit Suisse maintained Johnson & Johnson (NYSE:JNJ) rating on Thursday, October 19. Cowen & Co maintained the stock with "Buy" rating in Tuesday, June 13 report. The company was maintained on Tuesday, October 17 by BMO Capital Markets. The rating was maintained by Piper Jaffray on Tuesday, July 18 with "Hold". BTIG Research reiterated a "hold" rating on shares of Johnson & Johnson in a research report on Wednesday, April 19th. As per Wednesday, October 18, the company rating was maintained by Argus Research. The firm has "Buy" rating given on Wednesday, October 18 by RBC Capital Markets. Its down 0.03, from 0.86 in 2017Q1. It is negative, as 50 investors sold JNJ shares while 878 reduced holdings.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNJ.

Johnson & Johnson (NYSE:JNJ) has a 20-day RSI of 49.78%.

Boasting a price of $127.49, Johnson & Johnson (NYSE:JNJ) traded 3.43% higher on the day. Alpine Global Management Llc owns 14,613 shares or 0.03% of their United States portfolio. Finemark Bancorp & reported 88,414 shares stake. Keybank National Association Oh reported 2.06 million shares. Moreover, Longer Investments has 1.55% invested in Johnson & Johnson (NYSE:JNJ) for 13,402 shares. Compass holds 184,154 shares. Wellcome Trust Limited (The) As Trustee Of The Wellcome Trust holds 3.83% or 1.70 million shares in its portfolio. Oakbrook Ltd Com accumulated 136,124 shares or 1.19% of the stock. Meyer Handelman Company has invested 1.16% in Johnson & Johnson (NYSE:JNJ). The firm's revenue was up 10.3% compared to the same quarter last year. research analysts expect that Johnson & Johnson will post 7.28 earnings per share for the current fiscal year. The company reported $1.90 EPS for the quarter, beating the Zacks' consensus estimate of $1.80 by $0.10. JNJ's profit will be $4.62 billion for 20.07 P/E if the $1.72 EPS becomes a reality. After $2.49 actual earnings per share reported by Expedia Inc for the previous quarter, Wall Street now forecasts -62.25% negative EPS growth.

Investors sentiment decreased to 1.29 in 2017 Q2. MD raised its stake in Johnson & Johnson by 1.0% in the third quarter. Segall Bryant & Hamill Ltd Liability stated it has 455,549 shares. Tcw Gru Incorporated Inc has invested 0.06% in Johnson & Johnson (NYSE:JNJ). Mycio Wealth Prtnrs Ltd Liability Corp holds 14,488 shares. Wellcome (The) As Trustee Of The Wellcome stated it has 3.83% in Johnson & Johnson (NYSE:JNJ). Bahl Gaynor reported 0% of its portfolio in Energy Transfer Partners LP (NYSE:ETP). Bsw Wealth Partners reported 4,262 shares.

Analysts await Liberty Interactive Corporation - Series A Liberty Ventures (NASDAQ:LVNTA) to report earnings on February, 27. During the same quarter past year, the business earned $1.68 EPS.

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