Wsfs Capital Management LLC Purchases New Position in Johnson & Johnson (JNJ)

The stock rose 1.12% or $0.21 reaching $18.89. About 3.13 million shares traded. It has by 0.00% the S&P500. Lee Danner & Bass Inc sold 2,655 shares as Johnson & Johnson (JNJ)'s stock 0.00%. Nordea Investment Management AB now owns 10,047,087 shares of the company's stock valued at $1,186,862,000 after buying an additional 196,968 shares during the last quarter. Johnson & Johnson now has $342.63 billion valuation. Closing price generally refers to the last price at which a stock trades during a regular trading session. Burgundy Asset Management Ltd reported 3.64% of its portfolio in Johnson & Johnson (NYSE:JNJ). Johnson Ctls Intl Plc was reduced too. Its up 0.12, from 0.82 in 2016Q3. It increased, as 63 investors sold JNJ shares while 834 reduced holdings. 1st Global Advisors Inc. raised its stake in Johnson & Johnson by 3.8% in the third quarter. (NASDAQ:MKTX) shares with value of $1.97 million were sold by Themelis Nicholas. Analysts are forecasting earnings of $1.78 on a per share basis this quarter. Finally, New Capital Management LP purchased a new position in Johnson & Johnson during the fourth quarter worth $214,000. Fukoku Mutual Life Ins Company holds 0.22% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 11,150 shares. Shah Capital Management sold 131,500 shares as Deutsche Bank Ag Ord Npv (DB)'s stock 0.00%. Pruden Gary J also sold $1.99 million worth of Johnson & Johnson (NYSE:JNJ) shares. The insider Ullmann Michael H sold 21,735 shares worth $2.45 million. The original version of this report can be read at https://www.themarketsdaily.com/2017/05/19/gsa-capital-partners-llp-sells-1372-shares-of-johnson-johnson-jnj-updated-updated-updated.html. $6.18 million worth of stock was sold by Duato Joaquin on Friday, March 3.

Based on the latest notes released to investors, 4 analysts have issued a rating of "buy", 5 analysts "outperform", 12 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Therefore 47% are positive. Novatel Wireless Inc. had 6 analyst reports since August 7, 2015 according to SRatingsIntel.

Johnson & Johnson (NYSE:JNJ) last announced its quarterly earnings data on Tuesday, April 18th. Piper Jaffray reinitiated it with "Neutral" rating and $105.0 target in Monday, October 5 report. California-based Ep Wealth Incorporated has invested 1.64% in Johnson & Johnson (NYSE:JNJ). The stock has "Overweight" rating by JP Morgan on Tuesday, March 28. The company was maintained on Wednesday, October 14 by S&P Research.

Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $128.82 while their mean recommendation is 2.50 (1=Buy, 5=sell). The stock has "Buy" rating by UBS on Tuesday, September 22. Jefferies Group LLC boosted their price objective on shares of Johnson & Johnson from $110.00 to $120.00 and gave the stock a "hold" rating in a report on Friday, January 20th.

Investors sentiment is 0.93 in 2016 Q4. Itau Unibanco Holding S.A. bought a new position in Johnson & Johnson during the third quarter worth $104,000. Diamond Hill Cap has invested 0% in Johnson & Johnson (NYSE:JNJ). Clear Harbor Asset Management has 1,598 shares. Signaturefd Lc holds 29,382 shares. Palladium Ltd, Virginia-based fund reported 181,702 shares. Osterweis Capital Mngmt holds 2.29% or 275,764 shares. Northstar Ltd Liability Corp invested in 2.45% or 95,190 shares. 191 are held by Stevens First Principles Invest. 20,381 are held by Wealthtrust Fairport Limited Co. 2,717,481 shares of the stock were exchanged. Thrivent For Lutherans stated it has 0.01% of its portfolio in FedEx Corporation (NYSE:FDX). See MarketAxess Holdings Inc.

Other analysts have also issued research reports about the stock.

A number of equities analysts have weighed in on JNJ shares. JNJ's profit will be $4.75B for 17.75 P/E if the $1.78 EPS becomes a reality. The company reported $1.83 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.77 by $0.06. The stock of Johnson & Johnson (NYSE:JNJ) earned "Buy" rating by Argus Research on Wednesday, April 20. Therefore 40% are positive. FedEx had 57 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Monday, August 10 by Pacific Crest. Royal Bank of Canada decreased their target price on shares of Johnson & Johnson from $133.00 to $128.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 25th. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, July 20. The company was downgraded on Tuesday, November 15 by Stifel Nicolaus. The stock of Johnson & Johnson (NYSE:JNJ) earned "Neutral" rating by Atlantic Securities on Friday, December 18. The rating was maintained by BMO Capital Markets on Monday, June 6 with "Outperform".

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Latest News