Johnson & Johnson (NYSE:JNJ) Receives "Buy" Rating from Deutsche Bank

Leslie Hanson
May 16, 2018

Nelson Obus increased its stake in Libbey Inc (LBY) by 15.54% based on its latest 2017Q4 regulatory filing with the SEC. Washington Real Estate Investment Trust (NYSE:WRE) has declined 13.52% since May 14, 2017 and is downtrending. (NASDAQ:AEMD) are -0.74%; 6.38% for the month; -6.25% for the last quarter; 68.54% for the past six-months; and -35.1% for the last 12 months. CVX is an exciting player in the Basic Materials space, with a center of attention on Major Integrated Oil & Gas. The stock decreased 1.35% or $0.39 during the last trading session, reaching $28.53. About 4.95 million shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 2.54% since May 13, 2017 and is uptrending. It has underperformed by 11.55% the S&P500. With 66,200 avg volume, 2 days are for MILLENNIAL LITHIUM CORP COMMON SHARES (OTCMKTS:MLNLF)'s short sellers to cover MLNLF's short positions. Duff & Phelps Mngmt Communications, Illinois-based fund reported 29,645 shares. Denver Investment Advsrs Ltd Liability holds 0.4% or 57,975 shs in its capital. Sequent Asset Ltd Com has 1,751 shares for 0.13% of their portfolio. Moreover, Horizon Invest Services Limited Liability Company has 0.15% invested in Johnson & Johnson (NYSE:JNJ) for 2,587 shares. Schnieders Cap Management Lc stated it has 3.33% of its portfolio in Johnson & Johnson (NYSE:JNJ). (NYSE:CKH). Vanguard Group Inc Inc owns 1.50M shares for 0% of their portfolio. Tnb Financial stated it has 24,066 shares or 0.63% of all its holdings. The count of Hold ratings in that period was 0. Suntrust Banks reported 0% in Cabot Oil & Gas Corporation (NYSE:COG).

According to Finviz reported data, The SMA20 of the stock is at 0.62 percent, SMA50 is -0.93 percent, while SMA200 is -5.51 percent. Meeder Asset Management Inc has invested 0.79% in Johnson & Johnson (NYSE:JNJ). Bancorporation holds 122,030 shares. Creative Planning has 398,148 shares for 0.24% of their portfolio. Paradigm Mngmt Ny reported 73,800 shares. 224,130 are held by Retirement Systems Of Alabama. "Buy" rating has 5, "Sell" are 1, while 4 are "Hold". Therefore 60% are positive. The stock price moved with change of -7.10% to its 50 Day low point and changed 3.94% comparing to its 50 Day high point. Stifel Nicolaus boosted their price objective on Johnson & Johnson from $142.00 to $145.00 and gave the stock a hold rating in a research report on Wednesday, January 24th. Johnson & Johnson (NYSE:JNJ) now has a 14-day Commodity Channel Index (CCI) of 44.06. RBC Capital Markets maintained it with "Outperform" rating and $114 target in Wednesday, October 7 report. The firm has "Buy" rating by Cowen & Co given on Tuesday, July 18. Finally, Morgan Stanley reduced their price objective on Johnson & Johnson from $148.00 to $143.00 and set an "equal weight" rating for the company in a report on Tuesday, April 10th. The rating was upgraded by Credit Suisse on Thursday, April 12 to "Buy". Credit Suisse Group set a $154.00 price target on Johnson & Johnson and gave the stock a "hold" rating in a research report on Monday, January 22nd. Canaccord Genuity maintained it with "Buy" rating and $160 target in Thursday, November 3 report.

Lord Abbett & Company, which manages about $35.15B US Long portfolio, decreased its stake in Dynavax Technologies Corp Com New (NASDAQ:DVAX) by 234,051 shares to 517,150 shares, valued at $9.67 million in 2017Q4, according to the filing. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Livetradingnews.com and their article: "Johnson & Johnson (NYSE:JNJ) Heffx Technical Analysis" published on April 30, 2018 as well as Finance.Yahoo.com's news article titled: "Johnson & Johnson Stock Looks Attractive on the Big Dip" with publication date: May 10, 2018.

JNJ had 1 insider sale and 0 insider purchases since February 15, 2018. The ratio increased, as 36 institutional investors increased and started new holdings, while 17 trimmed and sold stakes in Prudential Global Short Duration High Yield Fund Inc.

Earnings estimates can also be manipulated, as the analysts are inclined to minimize them so that it increases the chances that a stock will "beat" the artificially lowered estimate in order to get inexperienced investors to buy. Its up 0.02, from 1.04 in 2017Q3.


Paradigm Financial Advisors LLC grew its holdings in shares of Johnson & Johnson (NYSE:JNJ) by 15.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. 17 funds opened positions while 65 raised stakes.

In related news, VP Paulus Stoffels sold 155,342 shares of the company's stock in a transaction dated Thursday, February 15th. Brave Asset Mgmt Inc reported 1.19% stake.

Among 2 analysts covering Seacor Holdings (NYSE:CKH), 0 have Buy rating, 0 Sell and 2 Hold. Washington Tru reported 0.9% in Johnson & Johnson (NYSE:JNJ). Verity Verity Limited Liability Co holds 73,090 shs or 2.77% of its capital.

Trading at the moment with a market cap of $338.12B, JNJ has a significant cash 14.64 billion on their books, which will have to be weighed and compared to their $27.08 billion in total current liabilities. Boston Prtnrs accumulated 1.25% or 7.58M shares. Foundry Partners LLC now owns 236,320 shares of the company's stock valued at $33,019,000 after buying an additional 61,950 shares during the period. L Brands, Inc. (NYSE:LB) at the moment has a 10-month price index of 0.73. Quarter over quarter, EPS has grown -0.40%, creating a market capitalization of 338118.13m for Johnson & Johnson.

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