The Fiduciary Group LLC Has $10.40 Million Stake in Johnson & Johnson (JNJ)

Alicia Farmer
March 12, 2018

Oliver Luxxe Assets LLC now owns 17,538 shares of the company's stock worth $2,320,000 after buying an additional 1,972 shares in the last quarter. The company had a trading volume of 6,899,702 shares, compared to its average volume of 8,760,000. Accenture plc (NYSE:ACN) has risen 4.27% since March 10, 2017 and is uptrending. It has outperformed by 145.03% the S&P500.

Financial Architects Inc decreased its stake in Johnson & Johnson (JNJ) by 92.06% based on its latest 2017Q3 regulatory filing with the SEC. Payden & Rygel sold 153,500 shares as Johnson & Johnson (JNJ)'s stock rose 6.85%. Vanguard Group Inc. now owns 200,450,985 shares of the company's stock valued at $26,517,661,000 after acquiring an additional 3,023,110 shares during the period. The stock increased 1.66% or $1.04 during the last trading session, reaching $63.8.

NetEase, Inc. (NASDAQ:NTES) closed up +7.13 points or 2.33% at $313.45 with 1.73 mln shares exchanging hands. General Electric Company (NYSE:GE) has declined 4.46% since March 11, 2017 and is downtrending. It has underperformed by 65.09% the S&P500.

Martin Investment Management Llc, which manages about $585.57 million and $358.13M US Long portfolio, decreased its stake in Travelers Cos Inc/The (NYSE:TRV) by 39,145 shares to 42,381 shares, valued at $5.19 million in 2017Q3, according to the filing. Nationwide Fund owns 37,373 shares. Ishares Tr (SHY) was raised too. Investors might also notice that three month ago the Buy recommendations (15) outnumbered Sell recommendations (1). Its up 0.04, from 0.83 in 2017Q2. It is positive, as 74 investors sold COH shares while 147 reduced holdings. 35 funds opened positions while 58 raised stakes. Renaissance Technologies Ltd Co invested 0.13% of its portfolio in Coach, Inc. Institutional investors and hedge funds own 66.38% of the company's stock. Moreover, Capital Research Global Investors has 1.3% invested in Apple Inc. (NYSE:TER) or 7,431 shares. Somerville Kurt F reported 162,071 shares. Fcm Invests Tx invested in 950 shares. (NASDAQ:SPSC). Pinebridge Invs LP owns 2,138 shares or 0% of their USA portfolio. 2,500 are held by Albion Fincl Gru Ut. Arizona State Retirement Sys has invested 0.01% in SPS Commerce, Inc. (NASDAQ:AAPL). 7,900 were reported by Art Advsr Limited Liability. 180,900 are owned by Old Republic Intll.

The shares of the company (JNJ) staged the smart recovery as has roared back some 9.19% after stumbling to its new 52-weeks low. Buckingham Asset Mngmt Ltd accumulated 40,610 shares or 1.26% of the stock.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, June 14. Therefore 56% are positive. WGL Holdings had 7 analyst reports since January 6, 2016 according to SRatingsIntel. Deutsche Bank upgraded the stock to "Buy" rating in Monday, May 15 report. The company presently has an average rating of "Hold" and a consensus price target of $146.26. The stock of Johnson & Johnson (NYSE:JNJ) earned "Outperform" rating by RBC Capital Markets on Wednesday, January 25.

In other Johnson & Johnson news, VP Paulus Stoffels sold 155,342 shares of the firm's stock in a transaction dated Thursday, February 15th. The company was maintained on Friday, January 12 by Wells Fargo.

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Analysts await Baidu, Inc. (NYSE:WGL) to report earnings on May, 3. They expect $-0.07 EPS, up 12.50% or $0.01 from last year's $-0.08 per share. The company reported $1.74 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.72 by $0.02. Therefore 21% are positive. Johnson & Johnson had 91 analyst reports since August 7, 2015 according to SRatingsIntel. Goldman Sachs downgraded Johnson & Johnson (NYSE:JNJ) on Wednesday, September 20 to "Sell" rating. The firm has "Buy" rating by Argus Research given on Wednesday, October 18. The stock has a market capitalization of $363,700.00, a price-to-earnings ratio of 24.64, a price-to-earnings-growth ratio of 2.16 and a beta of 0.77. The firm earned "Hold" rating on Tuesday, August 15 by Jefferies. JP Morgan maintained Amgen Inc. Stifel Nicolaus maintained Johnson & Johnson (NYSE:JNJ) on Tuesday, July 18 with "Hold" rating. BMO Capital Markets maintained the shares of AMGN in report on Friday, October 20 with "Hold" rating. The stock has "Hold" rating by Jefferies on Monday, September 25. Cowen & Co maintained the shares of JNJ in report on Thursday, August 24 with "Buy" rating.

Perhaps, that suggests something about why 0.11% of the outstanding share supply is held by institutional investors. Its up 0.34, from 0.88 in 2017Q2. Ntv Asset Management Limited Company holds 1.24% or 32,812 shares.

WARNING: "Johnson & Johnson (NYSE:JNJ) Shares Bought by Commerce Bank" was published by StockNewsTimes and is owned by of StockNewsTimes. Linscomb Williams reported 0.7% of its portfolio in Johnson & Johnson (NYSE:JNJ). Stralem Inc accumulated 107,260 shares. Puzo Michael J has 5.52% invested in Johnson & Johnson (NYSE:JNJ). Bahl And Gaynor Inc invested 2.85% of its portfolio in Johnson & Johnson (NYSE:JNJ). Violich Mngmt invested in 47,378 shares or 1.75% of the stock. Westwood Management Il holds 0.09% or 4,850 shares in its portfolio. Duncker Streett And Com has invested 1.32% in Johnson & Johnson (NYSE:JNJ). Verition Fund Management Limited Liability invested in 10,727 shares or 0.03% of the stock. Mastrapasqua Asset Management Incorporated reported 101,168 shares stake.

A number of analysts recently weighed in on the company. Citadel Advisors Limited Liability Co has invested 0% in SPS Commerce, Inc. Advisory Service Ltd Com owns 48,832 shares. Quantum Cap Management holds 0.05% or 1,536 shares in its portfolio.

In an overview of the current analyst recommendations, Buy count is 15 and Overweight is 2 while the number of analysts recommending Sell and Underweight are 0 and 2, respectively.

J&J, one of the biggest sellers of prescription drugs in the US, said it raised the list prices for its medicines by an average 8.1%, but they wound up as a whole costing far less because the manufacturer handed out $15 billion in discounts and rebates.

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