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Cdn Natl Railway (CNI) Share Value Declined While Beutel Goodman & Co LTD Has Cut by $5.73 Million Its Stake; As Johnson & Johnson (JNJ) Market Value Declined, Shareholder Louisiana State Employees Retirement System Decreased Position by $695,000

Canadian National Railway Company (NYSE:CNI) Logo

Beutel Goodman & Co Ltd decreased its stake in Cdn Natl Railway (CNI) by 1.15% based on its latest 2017Q4 regulatory filing with the SEC. Beutel Goodman & Co Ltd sold 69,905 shares as the company’s stock declined 12.30% with the market. The institutional investor held 6.01 million shares of the railroads company at the end of 2017Q4, valued at $497.70 million, down from 6.08 million at the end of the previous reported quarter. Beutel Goodman & Co Ltd who had been investing in Cdn Natl Railway for a number of months, seems to be less bullish one the $60.85B market cap company. The stock decreased 0.93% or $0.78 during the last trading session, reaching $83.19. About 1.24M shares traded. Canadian National Railway Company (NYSE:CNI) has declined 1.34% since May 19, 2017 and is downtrending. It has underperformed by 12.89% the S&P500.

Louisiana State Employees Retirement System decreased its stake in Johnson & Johnson (JNJ) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Louisiana State Employees Retirement System sold 5,000 shares as the company’s stock declined 9.21% with the market. The institutional investor held 162,600 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $22.72M, down from 167,600 at the end of the previous reported quarter. Louisiana State Employees Retirement System who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $333.23 billion market cap company. The stock increased 0.31% or $0.39 during the last trading session, reaching $124.24. About 5.43M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since May 19, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Louisiana State Employees Retirement System, which manages about $2.20B US Long portfolio, upped its stake in Ishares Tr (IJH) by 43,400 shares to 83,619 shares, valued at $15.87 million in 2017Q4, according to the filing. It also increased its holding in Columbia Bkg Sys Inc (NASDAQ:COLB) by 7,700 shares in the quarter, for a total of 31,400 shares, and has risen its stake in Becton Dickinson & Co (NYSE:BDX).

Since February 15, 2018, it had 0 buys, and 1 sale for $20.17 million activity.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on July, 17. They expect $2.05 EPS, up 12.02% or $0.22 from last year’s $1.83 per share. JNJ’s profit will be $5.50 billion for 15.15 P/E if the $2.05 EPS becomes a reality. After $2.06 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -0.49% negative EPS growth.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 100 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Johnson & Johnson (NYSE:JNJ) earned “Market Perform” rating by Wells Fargo on Thursday, January 26. The stock of Johnson & Johnson (NYSE:JNJ) earned “Overweight” rating by JP Morgan on Monday, May 15. Jefferies upgraded Johnson & Johnson (NYSE:JNJ) on Wednesday, October 11 to “Buy” rating. The company was maintained on Monday, October 23 by Citigroup. The firm has “Buy” rating by UBS given on Wednesday, July 19. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, April 18 report. The company was maintained on Tuesday, January 23 by BTIG Research. The firm earned “Sell” rating on Friday, May 20 by Standpoint Research. Goldman Sachs upgraded Johnson & Johnson (NYSE:JNJ) rating on Monday, March 14. Goldman Sachs has “Neutral” rating and $112 target. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Monday, February 26 with “Buy” rating.

Investors sentiment increased to 0.87 in 2017 Q4. Its up 0.04, from 0.83 in 2017Q3. It increased, as 35 investors sold JNJ shares while 884 reduced holdings. 143 funds opened positions while 654 raised stakes. 1.72 billion shares or 0.40% more from 1.71 billion shares in 2017Q3 were reported. Elm Ltd Liability Com stated it has 5,403 shares or 0.56% of all its holdings. The Louisiana-based Louisiana State Employees Retirement has invested 1.03% in Johnson & Johnson (NYSE:JNJ). San Francisco Sentry Investment Gp (Ca) owns 32,308 shares. Nordea Investment Mngmt Ab invested in 1.86% or 5.64M shares. Barton, a Pennsylvania-based fund reported 21,702 shares. Perritt Capital Mngmt stated it has 0.18% in Johnson & Johnson (NYSE:JNJ). Reliant Invest Mngmt Ltd Com owns 0.31% invested in Johnson & Johnson (NYSE:JNJ) for 3,195 shares. Price T Rowe Associate Md, a Maryland-based fund reported 19.28M shares. Gargoyle Investment Advisor Ltd Liability Co accumulated 1.25% or 22,425 shares. Cetera Advisor Netwr Lc has invested 0.82% in Johnson & Johnson (NYSE:JNJ). Train Babcock Advsr Ltd Limited Liability Company reported 1.15% stake. Centre Asset Mngmt Limited Liability Corporation reported 58,270 shares stake. Eubel Brady & Suttman Asset Management Incorporated accumulated 126,510 shares. F&V Lc reported 4,337 shares. New England Private Wealth Limited owns 6,753 shares.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: 247Wallst.com which released: “Johnson & Johnson Commits to Yet Another Dividend Hike” on April 26, 2018, also Fool.com with their article: “Better Buy: Johnson & Johnson (JNJ) vs. AbbVie (ABBV)” published on May 02, 2018, Seekingalpha.com published: “Johnson & Johnson Sells Off After Earnings” on April 22, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Johnson & Johnson: Waiting On The Wave” published on May 11, 2018 as well as Livetradingnews.com‘s news article titled: “Johnson & Johnson (NYSE:JNJ) Heffx Technical Analysis” with publication date: April 30, 2018.

Analysts await Canadian National Railway Company (NYSE:CNI) to report earnings on July, 24. They expect $1.02 EPS, up 2.00% or $0.02 from last year’s $1 per share. CNI’s profit will be $746.12M for 20.39 P/E if the $1.02 EPS becomes a reality. After $0.79 actual EPS reported by Canadian National Railway Company for the previous quarter, Wall Street now forecasts 29.11% EPS growth.

Among 27 analysts covering Canadian National Railway (NYSE:CNI), 10 have Buy rating, 2 Sell and 15 Hold. Therefore 37% are positive. Canadian National Railway had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The company was initiated on Thursday, August 11 by Atlantic Securities. Credit Suisse maintained it with “Neutral” rating and $58 target in Friday, February 19 report. Cowen & Co maintained Canadian National Railway Company (NYSE:CNI) rating on Friday, August 18. Cowen & Co has “Buy” rating and $83.0 target. On Thursday, March 8 the stock rating was maintained by Credit Suisse with “Hold”. Stifel Nicolaus maintained the shares of CNI in report on Wednesday, October 26 with “Hold” rating. The stock has “Overweight” rating by First Analysis on Wednesday, January 27. The firm has “Sell” rating by CLSA given on Thursday, May 19. The stock of Canadian National Railway Company (NYSE:CNI) has “Buy” rating given on Monday, February 22 by Bank of America. The stock of Canadian National Railway Company (NYSE:CNI) has “Buy” rating given on Monday, July 17 by Cowen & Co. The firm earned “Sector Performer” rating on Tuesday, April 26 by IBC.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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