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Main » Stearns Financial Services Group Decreased Johnson & Johnson (JNJ) Stake By $585130; TRAILBLAZER

Stearns Financial Services Group Decreased Johnson & Johnson (JNJ) Stake By $585130; TRAILBLAZER

12 January 2018

BlackRock Inc. now owns 174,073,764 shares of the company's stock valued at $23,028,219,000 after purchasing an additional 4,332,612 shares during the period. The institutional investor held 30,442 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.96 million, down from 33,293 at the end of the previous reported quarter. The stock has a market capitalization of $386,240.00, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 2.67 and a beta of 0.80.

The stock decreased 0.59% or $0.06 during the last trading session, reaching $10.19. About 3.52 million shares traded. It has underperformed by 4.16% the S&P500.

Kennedy Capital Management Inc decreased Oclaro Inc (OCLR) stake by 9.46% reported in 2017Q3 SEC filing. About 8.59M shares traded or 5.58% up from the average. Cantab Capital Partners Llp who had been investing in Twenty for a number of months, seems to be bullish on the $67.34 billion market cap company. The overall volume in the last trading session was 1.69 Million shares. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 9, 2017 and is uptrending. The stock of Johnson & Johnson (NYSE:JNJ) has "Buy" rating given on Wednesday, October 14 by S&P Research. 4,476 were reported by Shikiar Asset Mngmt Inc. The rating was maintained by Citigroup with "Buy" on Monday, October 23. United Financial Bank Inc holds 0.95% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 18,299 shares. Jefferies Group now has a "Buy" rating and a $160.00 target price on the stock. The firm has "Sell" rating by Goldman Sachs given on Wednesday, September 20. The company was maintained on Friday, September 22 by RBC Capital Markets. The stock has "Overweight" rating by Morgan Stanley on Tuesday, January 26. Intrust Bancshares Na holds 10,594 shares.

JNJ has been the subject of several other reports.

Investors sentiment decreased to 1.28 in Q3 2017. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.02 and a current ratio of 1.32. It dropped, as 66 investors sold TWX shares while 374 reduced holdings. 110 funds opened positions while 558 raised stakes. Moreover, Mark Sheptoff Planning Limited has 0.03% invested in Chevron Corporation (NYSE:CVX). Bank Of America Corp De, a North Carolina-based fund reported 119,863 shares. 62,244 are owned by Boys Arnold & Incorporated. M Kraus And holds 15,007 shares. The firm shares 50 day moving average were calculated -9.66%. 21,181 are held by Bangor Bancorp. Paw stated it has 5,500 shares. Welch & Forbes LLC lifted its stake in Johnson & Johnson by 0.9% in the second quarter. $323,891 worth of The Procter & Gamble Company (NYSE:PG) was sold by Pierce Charles E on Tuesday, August 15. Robecosam Ag reported 3,574 shares.

It is down 0.00% since January 10, 2017 and is. Salient Tru Lta holds 2.73% or 251,140 shares.

Nepsis Capital Management Inc increased Baidu Inc (NASDAQ:BIDU) stake by 3,446 shares to 43,951 valued at $10.89 million in 2017Q3. Yarrington Patricia E sold $4.33M worth of stock or 39,000 shares. Finally, Janney Montgomery Scott LLC boosted its position in shares of Johnson & Johnson by 0.5% in the second quarter. Its the same as in 2017Q2.

A number of other hedge funds and other institutional investors have also made changes to their positions in JNJ. Roof Eidam Maycock Adv invested in 1.14% or 17,145 shares. Ubs Asset Mgmt Americas invested in 0% or 2,499 shares. During the same quarter in the prior year, the business earned $1.44 earnings per share. Marshall Wace Llp invested 0.09% of its portfolio in Johnson & Johnson (NYSE:JNJ). Burgundy Asset Management Ltd. owned 0.12% of Johnson & Johnson worth $421,294,000 as of its most recent filing with the Securities & Exchange Commission.

Since January 1, 0001, it had 0 insider buys, and 5 sales for $2.35 million activity. 266,762 are held by Victory Cap Mgmt Incorporated. Vanguard Group Inc. boosted its position in Johnson & Johnson by 1.5% in the 2nd quarter. Price Michael F holds 0.13% or 20,000 shares. Golub Group Inc Ltd Liability Corporation reported 13,314 shares. The Minnesota-based Ameriprise Financial Inc has invested 0% in the stock. Bonness Enterprises, -based fund reported 41,038 shares. Edmp accumulated 32,373 shares. Partners Capital Investment Group Holdings LLC now owns 155,349 shares of the company's stock worth $19,349,000 after buying an additional 10,378 shares during the last quarter. Therefore 90% are positive.

WARNING: "FY2017 EPS Estimates for Johnson & Johnson Raised by Analyst (JNJ)" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Barclays upped their price objective on shares of Johnson & Johnson from $140.00 to $148.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 18th.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. The firm has "Hold" rating by Societe Generale given on Wednesday, April 6. Ironwood Inv Management Ltd holds 0.47% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 5,192 shares. The company reported $1.90 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.80 by $0.10. JNJ's profit will be $4.62B for 20.95 P/E if the $1.72 EPS becomes a reality.

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