Trending Stock News

Johnson & Johnson (JNJ) Shareholder Institute For Wealth Management Has Cut Its Stake as Share Price Declined; Yy (YY) Stock Declined While Central Asset Investments & Management Holdings Hk LTD Upped by $1.01 Million Its Stake

Johnson & Johnson (NYSE:JNJ) Logo

Institute For Wealth Management Llc decreased its stake in Johnson & Johnson (JNJ) by 22.17% based on its latest 2017Q4 regulatory filing with the SEC. Institute For Wealth Management Llc sold 4,637 shares as the company’s stock declined 9.21% with the market. The institutional investor held 16,282 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $2.27 million, down from 20,919 at the end of the previous reported quarter. Institute For Wealth Management Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $331.65 billion market cap company. The stock decreased 0.47% or $0.59 during the last trading session, reaching $123.65. About 3.15 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since May 21, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Central Asset Investments & Management Holdings Hk Ltd increased its stake in Yy Inc (YY) by 103.49% based on its latest 2017Q4 regulatory filing with the SEC. Central Asset Investments & Management Holdings Hk Ltd bought 8,900 shares as the company’s stock declined 9.91% with the market. The institutional investor held 17,500 shares of the edp services company at the end of 2017Q4, valued at $1.98 million, up from 8,600 at the end of the previous reported quarter. Central Asset Investments & Management Holdings Hk Ltd who had been investing in Yy Inc for a number of months, seems to be bullish on the $6.69B market cap company. The stock decreased 1.41% or $1.51 during the last trading session, reaching $105.78. About 557,000 shares traded. YY Inc. (NASDAQ:YY) has risen 125.46% since May 21, 2017 and is uptrending. It has outperformed by 113.91% the S&P500.

Central Asset Investments & Management Holdings Hk Ltd, which manages about $121.83 million US Long portfolio, decreased its stake in Ctrip Com Intl Ltd (Prn) by 8.10M shares to 1.50M shares, valued at $1.68 million in 2017Q4, according to the filing.

More notable recent YY Inc. (NASDAQ:YY) news were published by: Nasdaq.com which released: “YY Announces Full Exercise of Over-allotment Option in HUYA Inc.’s Initial Public Offering” on May 17, 2018, also Seekingalpha.com with their article: “YY: Here’s Another Why” published on April 25, 2018, Nasdaq.com published: “YY Announces Pricing of Initial Public Offering of HUYA Inc.” on May 11, 2018. More interesting news about YY Inc. (NASDAQ:YY) were released by: Nasdaq.com and their article: “Should You Chase Huya’s Post-IPO Rally?” published on May 15, 2018 as well as Nasdaq.com‘s news article titled: “YY Filed 2017 Annual Report on Form 20-F” with publication date: April 26, 2018.

Among 14 analysts covering YY Inc (NASDAQ:YY), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. YY Inc had 24 analyst reports since August 17, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 18 by Instinet. On Wednesday, January 17 the stock rating was upgraded by Nomura to “Buy”. The rating was initiated by Bank of America on Monday, November 28 with “Buy”. The firm earned “Hold” rating on Friday, June 16 by Jefferies. The stock has “Hold” rating by Morgan Stanley on Wednesday, March 28. The rating was upgraded by J.P. Morgan on Thursday, November 16 to “Buy”. The rating was maintained by Jefferies on Monday, July 17 with “Hold”. UBS initiated the stock with “Buy” rating in Tuesday, January 2 report. As per Monday, August 14, the company rating was maintained by Jefferies. The stock of YY Inc. (NASDAQ:YY) has “Buy” rating given on Tuesday, January 23 by Jefferies.

Institute For Wealth Management Llc, which manages about $311.71 million and $433.24M US Long portfolio, upped its stake in Vanguard Whitehall Fds Inc (VWOB) by 13,513 shares to 27,811 shares, valued at $2.23 million in 2017Q4, according to the filing. It also increased its holding in Vanguard Scottsdale Fds (VCIT) by 17,705 shares in the quarter, for a total of 35,710 shares, and has risen its stake in Select Sector Spdr Tr (XLK).

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Johnson & Johnson (JNJ) Consumer and Medical Devices Business Review – Brokers Conference Transcript” on May 17, 2018, also Investorplace.com with their article: “7 ‘Blue-Chip Stocks’ That Aren’t Blue Chips at All” published on May 21, 2018, Livetradingnews.com published: “Johnson & Johnson (NYSE:JNJ) Heffx Stock Technicals” on May 18, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “ViiV Healthcare’s HIV med Juluca OK’d in Europe” published on May 21, 2018 as well as Livetradingnews.com‘s news article titled: “Johnson & Johnson (NYSE:JNJ) Stock Oversold” with publication date: May 03, 2018.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on July, 17. They expect $2.05 earnings per share, up 12.02% or $0.22 from last year’s $1.83 per share. JNJ’s profit will be $5.50 billion for 15.08 P/E if the $2.05 EPS becomes a reality. After $2.06 actual earnings per share 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. RBC Capital Markets maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, October 18. RBC Capital Markets has “Buy” rating and $147.0 target. The rating was maintained by Cowen & Co with “Buy” on Thursday, August 24. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Jefferies on Wednesday, October 18. On Wednesday, January 24 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock has “Buy” rating by Jefferies on Wednesday, October 11. The company was maintained on Thursday, July 14 by Jefferies. The stock has “Outperform” rating by Credit Suisse on Friday, April 20. The firm earned “Buy” rating on Thursday, October 5 by BMO Capital Markets. The firm has “Equal-Weight” rating given on Tuesday, April 10 by Morgan Stanley. The firm earned “Buy” rating on Friday, January 12 by Wells Fargo.

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

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. Glenview State Bank Trust Dept invested in 4.55% or 70,609 shares. Chelsea Counsel holds 5.14% or 68,853 shares. Bowling Management Ltd Liability invested 0.85% of its portfolio in Johnson & Johnson (NYSE:JNJ). Abner Herrman Brock Limited Liability Corp reported 30,882 shares. Earnest Prtn Ltd Liability Corp invested in 1,272 shares. New York State Teachers Retirement Systems holds 1.52% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 4.61M shares. Int Grp reported 0.47% of its portfolio in Johnson & Johnson (NYSE:JNJ). Sector Pension Investment Board holds 889,588 shares. Weiss Multi owns 216,744 shares. Duff & Phelps Investment Mngmt Communications stated it has 0.06% in Johnson & Johnson (NYSE:JNJ). Synovus Fincl holds 287,346 shares or 0.7% of its portfolio. The Texas-based American Financial Bank has invested 2.32% in Johnson & Johnson (NYSE:JNJ). Port Solutions Lc holds 2,230 shares. Pinebridge Investments LP reported 0.42% in Johnson & Johnson (NYSE:JNJ). Eagle Ridge Mngmt reported 0.59% in Johnson & Johnson (NYSE:JNJ).

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *