Monday, 18 December, 2017

Daniel Devine & Co Has $4.92 Million Holdings in Johnson & Johnson (NYSE:JNJ)

Nellie Chapman | 17 September, 2017, 13:56

The Interocean Capital Llc holds 125,123 shares with $14.42 million value, up from 116,973 last quarter. These ratios are important while doing valuation of the company or the shares of the company. The stock increased 0.13% or $0.02 on September 15, reaching $15.86.

It is trading at $134.25 which is slightly above $132.41, the stock's 50 day moving average and a tad above the 200 day moving average of $129.03. Sears Holdings Corp (NASDAQ:SHLD) has declined 29.81% since September 16, 2016 and is downtrending. It has underperformed by 3.98% the S&P500.

Interocean Capital Llc increased Johnson & Johnson (JNJ) stake by 6.97% reported in 2016Q4 SEC filing. Heritage Wealth Advisors reported 14,509 shares. APG Asset Management N.V. now owns 7,224,544 shares of the company's stock worth $853,435,000 after buying an additional 1,086,500 shares during the last quarter. Johnson & Johnson now has $360.22 billion valuation. The stock rose 0.28% or $0.37 reaching $134.55 per share. The shares were sold at an average price of $136.72, for a total transaction of $11,291,841.52. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since September 17, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Analysts have given a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 56% are positive. On average, equities analysts anticipate that Johnson & Johnson will post $7.04 EPS for the current year. Capital International Ca has 0.44% invested in Johnson & Johnson (NYSE:JNJ). Jefferies maintained the stock with "Hold" rating in Thursday, August 4 report.

The company also recently announced a dividend for shareholders that was paid on Tuesday the 13th of June 2017. Atlantic Securities cut shares of Johnson & Johnson from a neutral rating to an underweight rating and set a $113.00 price objective on the stock.in a research note on Friday, July 21st. The rating was maintained by RBC Capital Markets on Wednesday, October 7 with "Outperform". The firm has "Hold" rating given on Friday, July 14 by Jefferies. Focused Wealth reported 15,655 shares.

When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. Its down 0.03, from 0.86 in 2016Q3. It worsened, as 63 investors sold JNJ shares while 834 reduced holdings.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. 91,576 were accumulated by Patriot Wealth Management. Mai Mngmt holds 1.27% or 151,527 shares in its portfolio. Woodmont Inv Counsel Limited Liability Corp invested in 43,802 shares or 1.45% of the stock. Rdl Financial, Virginia-based fund reported 6,981 shares. Dean Assoc Ltd Com owns 1.16% invested in Johnson & Johnson (NYSE:JNJ) for 58,628 shares. Johnson & Johnson (NYSE:JNJ) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. Tanaka Cap Management accumulated 50 shares. Barbara Oil stated it has 102,000 shares or 9.13% of all its holdings. Sfmg Lc reported 0.16% stake. Wetherby Asset Mgmt stated it has 55,602 shares or 1.25% of all its holdings. Country Club Na reported 130,204 shares. Cowen and Company set a $147.00 price target on Johnson & Johnson and gave the stock a "buy" rating in a research report on Thursday, August 24th. Commonwealth Of Pennsylvania Public School Empls Retrmt has 155,954 shares for 0.33% of their portfolio. Macquarie Group has invested 1.51% in Johnson & Johnson (NYSE:JNJ). State Treasurer State Of Michigan acquired 94,704 shares as Johnson Johnson (JNJ)'s stock rose 6.85%. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: "Achillion Is Crushed As Johnson & Johnson Heads For The Exit" published on September 14, 2017 as well as Washingtonpost.com's news article titled: "Johnson & Johnson says its drug shouldn't be used in executions" with publication date: August 22, 2017. Channing Capital Management Llc owns 712,759 shares or 2.05% of their USA portfolio. Zacks Investment Research downgraded Johnson & Johnson from a "hold" rating to a "sell" rating in a research report on Tuesday, January 3rd.

More notable recent Ventas, Inc. Amgen Inc (NASDAQ:AMGN) was reduced too. Norges Bank bought a new stake in shares of Johnson & Johnson in the 4th quarter valued at $3,220,322,000.

Analysts await PROS Holdings, Inc. Johnson & Johnson's revenue for the quarter was up 1.9% on a year-over-year basis. Centaur Media PLC had 57 analyst reports since July 30, 2015 according to SRatingsIntel. On Wednesday, July 20 the stock rating was upgraded by Argus Research to "Buy".

The stock of PROS Holdings, Inc. The firm earned "Hold" rating on Tuesday, August 8 by Stifel Nicolaus. The company was upgraded on Monday, March 14 by Goldman Sachs. The rating was reinitiated by Piper Jaffray on Monday, October 5 with "Neutral". The firm has "Overweight" rating given on Wednesday, April 20 by Barclays Capital.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $363.47B. The company was maintained on Wednesday, November 11 by Mizuho.

Since March 17, 2017, it had 0 insider buys, and 4 sales for $6.80 million activity.

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