Chicago Equity Partners LLC Decreased Stake in Johnson & Johnson (JNJ) by $3.94 Million

June 27, 2018 - By Daniel Cummings

Johnson & Johnson (NYSE:JNJ) Corporate LogoDuring Q1 2018 the big money sentiment increased to 0.93. That’s change of 0.06, from 2017Q4’s 0.87. 63 investors sold all, 831 reduced holdings as JNJ ratio is positive. 720 grew stakes while 111 funds amassed stakes. Funds hold 1.71 billion shares thus 0.80% less from 2017Q4’s 1.72 billion shares. Private Advisors owns 6,682 shs for 0.29% of their capital. Hanseatic Mgmt Svcs reported 969 shs stake. Matrix Asset Advisors Ny accumulated 49,816 shs. 36,164 are held by Hermes Investment Management. Fisher Asset Mgmt Llc reported 13.24M shs. Meiji Yasuda Life Insur stated it has 0.98% in Johnson & Johnson (NYSE:JNJ). Jones Collombin Invest Counsel accumulated 42 shs. Grassi Investment Mngmt reported 1.26% in Johnson & Johnson (NYSE:JNJ). Arrowstreet Capital Partnership holds 0.92% or 3.13M shs in its capital. De Burlo Gru Inc holds 0.3% in Johnson & Johnson (NYSE:JNJ) or 10,750 shs. Stearns Svcs Grp accumulated 45,475 shs. Affinity Advsrs Ltd Com holds 0.04% of its capital in Johnson & Johnson (NYSE:JNJ) for 2,495 shs. Sawgrass Asset Mngmt Llc owns 371,176 shs. North owns 214,451 shs for 4.41% of their capital. Lvw Advsrs Lc reported 27,835 shs.

JNJ had 1 insider sale and 0 buys since February 15, 2018. This’s net activity of $20.17 million.

The holdings In Johnson & Johnson (JNJ) was decreased held by Chicago Equity Partners Llc. According to 2018Q1 Securities and Exchange filling the reduction is 9.45%. The company’s stock declined 8.03% with the market as Chicago Equity Partners Llc sold 30,800 shares. The institutional investor is holding 295,086 shares, compared to the 325,886 from the previous quarter. And the announced value of the major pharmaceuticals company is $37.82M for the 2018Q1. $326.74 billion is Johnson & Johnson’s MC. JNJ is touching $121.82 during the last trading session, after decreased 0.43%.Currently Johnson & Johnson is downtrending after 4.75% change in last June 27, 2017. JNJ has also 329,621 shares volume. JNJ underperformed the S&P 500 by 17.32%.

Chicago Equity Partners Llc operates about $10.49 billion and $3.13B US Long portfolio. Its stake in Us Foods Hldg Corp was upped by 114,115 shares to 258,120 shares valued at $8.46 million in 2018Q1, according to the filing. Chicago Equity Partners Llc has risen its stake in Verisign Inc (NASDAQ:VRSN) and also increased its holding in Maximus Inc (NYSE:MMS) by 87,105 shares in the quarter, for a total of 173,485 shares.

Johnson & Johnson (NYSE:JNJ) is anticipated to announce earnings on July, 17., Faxor reports. Analysts predict 12.57 % diference or $2.06 from the $1.83 EPS from 2017. JNJ’s profit could be $5.53B with 14.78 P/E in case $2.06 earnings per share is reported. After $2.06 EPS report previous quarter, Wall Street now forecasts 0.00 % EPS growth of Johnson & Johnson.

A couple more Johnson & Johnson (NYSE:JNJ) news were announced by: Seekingalpha.com which released on June 20, 2018 “Buy Johnson & Johnson”, also Fool.com on June 20, 2018 announced “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks”, the next Seekingalpha.com is “How Do You Feel About Johnson & Johnson?: Part IV – Today’s Editors’ Picks” on June 01, 2018. Forbes.com has article titled “What Are Johnson & Johnson’s Key Sources Of Revenue?”.

Johnson & Johnson (NYSE:JNJ) Ratings Coverage

In total 10 analysts cover Johnson & Johnson (NYSE:JNJ). “Buy” rating has 5, “Sell” are 1, while 4 are “Hold”. (NYSE:JNJ) has 50% bullish analysts. With $170.0 highest and $110.0 lowest price target, Johnson & Johnson has $143.50 average price target or 17.80% above the current ($121.82) price. 19 are the (NYSE:JNJ)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, January 2 the stock of Johnson & Johnson (NYSE:JNJ) has “Neutral” rating given by JP Morgan. On Thursday, May 17 the company was maintained by Leerink Swann. On Wednesday, January 24 the firm has “Hold” rating by Stifel Nicolaus given. On Friday, April 20 the rating was maintained by Credit Suisse with “Outperform”. On Wednesday, April 18 Stifel Nicolaus maintained the shares of JNJ in report with “Hold” rating. On Wednesday, April 18 the stock has “Buy” rating by Deutsche Bank. On Tuesday, June 12 Credit Suisse maintained Johnson & Johnson (NYSE:JNJ) with “Buy” rating. In Friday, April 13 report Jefferies maintained it with “Buy” rating and $15300 target. The company rating was maintained by Wells Fargo on Tuesday, February 6. On Monday, February 26 Jefferies maintained Johnson & Johnson (NYSE:JNJ) with “Buy” rating.

Johnson & Johnson (NYSE:JNJ) Institutional Investors Chart

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