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Cognex (CGNX) Shareholder Joho Capital Decreased Stake as Stock Rose; Swedbank Decreased Stake in Johnson & Johnso (JNJ) by $9.15 Million

Swedbank decreased its stake in Johnson & Johnso (JNJ) by 2.04% based on its latest 2017Q3 regulatory filing with the SEC. Swedbank sold 70,415 shares as the company’s stock rose 6.85% with the market. The institutional investor held 3.38 million shares of the major pharmaceuticals company at the end of 2017Q3, valued at $439.15 million, down from 3.45M at the end of the previous reported quarter. Swedbank who had been investing in Johnson & Johnso for a number of months, seems to be less bullish one the $351.48 billion market cap company. The stock decreased 1.74% or $2.32 during the last trading session, reaching $130.83. About 4.94 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since February 20, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Robert Karr decreased its stake in Cognex Corp (CGNX) by 7.66% based on its latest 2017Q3 regulatory filing with the SEC. Joho Capital Llc sold 107,500 shares as the company’s stock rose 18.92% with the market. The hedge fund run by Robert Karr held 1.30M shares of the industrial machinery and components company at the end of 2017Q3, valued at $142.95M, down from 1.40M at the end of the previous reported quarter. Joho Capital Llc who had been investing in Cognex Corp for a number of months, seems to be less bullish one the $9.80B market cap company. The stock increased 1.20% or $0.67 during the last trading session, reaching $56.44. About 3.66M shares traded or 91.59% up from the average. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since February 20, 2017 and is uptrending. It has outperformed by 114.30% the S&P500.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 89 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Monday, October 2 by Piper Jaffray. On Wednesday, October 18 the stock rating was maintained by Jefferies with “Buy”. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, October 18 report. Wells Fargo upgraded Johnson & Johnson (NYSE:JNJ) on Monday, October 9 to “Buy” rating. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. UBS initiated the stock with “Buy” rating in Tuesday, September 22 report. The rating was maintained by Wells Fargo on Wednesday, October 18 with “Buy”. The firm has “Buy” rating given on Tuesday, October 17 by BMO Capital Markets. JP Morgan downgraded Johnson & Johnson (NYSE:JNJ) on Tuesday, January 2 to “Neutral” rating. BMO Capital Markets maintained Johnson & Johnson (NYSE:JNJ) on Thursday, August 31 with “Buy” rating.

Investors sentiment is 0.83 in Q3 2017. Its the same as in 2017Q2. It has no change, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. 1.71 billion shares or 0.90% less from 1.73 billion shares in 2017Q2 were reported. Arrowgrass Prtnrs (Us) LP holds 0.05% in Johnson & Johnson (NYSE:JNJ) or 52,651 shares. Fairfax Fincl Hldg Can reported 151,250 shares stake. 6,222 were accumulated by Rdl. Peloton Wealth Strategists invested in 9,850 shares or 0.99% of the stock. 96,298 were reported by Beese Fulmer Investment. Opus Invest Mgmt holds 49,800 shares. Johnson Inv Counsel, a Ohio-based fund reported 227,395 shares. Louisiana State Employees Retirement System reported 1.02% of its portfolio in Johnson & Johnson (NYSE:JNJ). Wilkins Inv Counsel holds 3.24% or 81,851 shares. Shine Invest Advisory Services Inc stated it has 1,662 shares. Sol Cap Mgmt Co holds 12,599 shares. Seaward Mgmt Lp has 288,237 shares. Trust Company Of Toledo Na Oh owns 34,029 shares or 1.12% of their US portfolio. Riverhead Cap Limited Liability holds 0.97% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 159,371 shares. Lucas Cap Mgmt holds 41,168 shares or 4.8% of its portfolio.

Swedbank, which manages about $16.35B US Long portfolio, upped its stake in Pioneer Natural (NYSE:PXD) by 429,705 shares to 1.80 million shares, valued at $265.19M in 2017Q3, according to the filing. It also increased its holding in Adobe Systems In (NASDAQ:ADBE) by 120,816 shares in the quarter, for a total of 1.55M shares, and has risen its stake in Synopsys Inc (NASDAQ:SNPS).

Since August 25, 2017, it had 0 insider purchases, and 3 sales for $2.15 million activity. The insider ALIAS PATRICK sold $556,565. 7,000 shares were sold by J BRUCE ROBINSON, worth $745,529.

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