Johnson & Johnson (NYSE:JNJ) Shifting Institutional Investors Sentiment

Marco Green
January 13, 2018

Lenox Wealth Advisors Inc. now owns 876 shares of the company's stock valued at $116,000 after acquiring an additional 5 shares during the period. The institutional investor held 3,336 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $434,000, down from 34,533 at the end of the previous reported quarter. Cwh Capital Management Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $391.59 billion market cap company.

The stock increased 0.57% or $0.82 during the last trading session, reaching $144.79. About 7.23M shares traded or 35.26% up from the average.

Shares of Johnson & Johnson (NYSE JNJ) opened at $145.76 on Friday. It has underperformed by 4.16% the S&P500. INGRAM PETER R had sold 1,000 shares worth $40,645 on Tuesday, October 10. Gateway Invest Advisers Limited Co accumulated 1.66% or 1.48 million shares. Corda Investment Management Llc who had been investing in Total S A Sponsored Adr for a number of months, seems to be less bullish one the $146.93 billion market cap company.

The stock decreased 0.19% or $0.11 during the last trading session, reaching $58.84. About 2.63 million shares traded. It is down 22.04% since January 13, 2017 and is uptrending. It has outperformed by 7.63% the S&P500. Moreover, Retirement Of Alabama has 1.22% invested in Johnson & Johnson (NYSE:JNJ). Therefore 52% are positive.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. They set a "neutral" rating and a $140.00 price objective for the company. The rating was downgraded by Simmons & Co to "Neutral" on Thursday, January 21. The rating was maintained by RBC Capital Markets on Wednesday, October 7 with "Outperform". The rating was maintained by S&P Research with "Buy" on Wednesday, October 14. The rating was maintained by Jefferies with "Hold" on Thursday, July 14. Piper Jaffray maintained it with "Buy" rating and $1800 target in Monday, July 24 report. As per Tuesday, July 21, the company rating was initiated by Sterne Agee CRT. The stock of Johnson & Johnson (NYSE:JNJ) earned "Buy" rating by RBC Capital Markets on Friday, September 22. The firm has "Strong-Buy" rating given on Monday, August 31 by Vetr.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. During the same quarter last year, the business posted $1.68 EPS. equities research analysts expect that Johnson & Johnson will post 7.28 earnings per share for the current fiscal year. JNJ's profit will be $4.62B for 21.21 P/E if the $1.72 EPS becomes a reality. Cornerstone Invest Prtnrs Ltd Company holds 1.58 million shares.

Investors sentiment is 0.83 in 2017 Q3. Its the same as in 2017Q2. Chemung Canal accumulated 124,646 shares or 3.69% of the stock. 85,777 were reported by Ls Advisors Ltd Liability Corporation. (NYSE:NRZ). Virtu Finance Lc stated it has 25,075 shares or 0% of all its holdings.

Welch Group Llc, which manages about $645.12 million and $598.14 million US Long portfolio, decreased its stake in Intel Corp (NASDAQ:INTC) by 12,289 shares to 483,493 shares, valued at $18.41 million in 2017Q3, according to the filing.

Whittier Trust Co. of Nevada Inc. reduced its stake in Johnson & Johnson (NYSE:JNJ) by 1.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. 38,300 were reported by Hendershot Invs Inc. It worsened, as 64 investors sold KMB shares while 404 reduced holdings. Buffington Mohr Mcneal has invested 1.84% in Johnson & Johnson (NYSE:JNJ). Morgan Stanley reported 0.8% in Johnson & Johnson (NYSE:JNJ). Argent Tru Com owns 66,088 shares or 2.35% of their U.S. portfolio.

Robert Wood Johnson Foundation holds 100% of its portfolio in Johnson & Johnson for 13.00 million shares. First Merchants Corp accumulated 55,115 shares. It also reduced its holding in American Express Co (NYSE:AXP) by 2.21M shares in the quarter, leaving it with 25,652 shares, and cut its stake in Ishares Tr (CSJ).

Since August 10, 2017, it had 0 insider purchases, and 3 sales for $122,420 activity. (NASDAQ:WWD) on Tuesday, August 8. The insider Pate R. Hewitt sold 25,500 shares worth $3.06 million.

Investors sentiment is 0.83 in 2017 Q3. Its up 0.28, from 1.12 in 2017Q2. 121 funds opened positions while 584 raised stakes. Inspirion Wealth Advsrs Llc holds 0.12% of its portfolio in Chevron Corporation (NYSE:CVX) for 1,935 shares. Peak Asset Mngmt Ltd Llc invested in 13,326 shares. Schaper Benz Wise Counsel Wi holds 0.62% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 53,260 shares. Tuttle Tactical Management LLC bought a new position in shares of Johnson & Johnson during the second quarter worth $103,000. Leisure Management holds 2.03% or 17,777 shares. Bath Savings Trust owns 24,221 shares. Dekabank Deutsche Girozentrale invested in 3.91M shares. Compass Capital Mngmt holds 0.1% or 5,248 shares. Paradigm Financial Advisors LLC lifted its position in shares of Johnson & Johnson by 0.3% in the second quarter. Stifel Nicolaus has "Sell" rating and $4000 target. Holderness holds 1.86% or 27,478 shares in its portfolio. Meyer Handelman Communications has 680,840 shares. The stock of Johnson & Johnson (NYSE:JNJ) earned "Buy" rating by Wells Fargo on Monday, October 9. Therefore 11% are positive. Babcock International Group PLC had 173 analyst reports since July 27, 2015 according to SRatingsIntel. Zacks Investment Research cut shares of Johnson & Johnson from a "hold" rating to a "sell" rating in a research note on Wednesday, September 27th.

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