Johnson & Johnson (NYSE:JNJ)

Johnson & Johnson Stock Oversold

Remarkable Stocks: Johnson & Johnson (NYSRemarkable Stocks: Johnson & Johnson (NYSE:JNJ), Investors Bancorp

The company's stock sank 9.21% while Eaton Vance Management sold 186,572 shares. Chickasaw Capital Management Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $339.19B market cap company. Progressive Investment Management Corp now owns 40,317 shares of the company's stock worth $5,242,000 after acquiring an additional 2,584 shares in the last quarter.

The earnings per share growth is going to be -8.50% during this year, while for the next year, the earning per share growth is calculated at 5.67%.

Johnson & Johnson (NYSE:JNJ) presently has a 14-day Commodity Channel Index (CCI) of -90.15. The stock underperformed the S&P 500 by 10.43%.

Ramsay Stattman Vela & Price Inc increased its stake in Pepsico Inc.

Longer Investments Inc decreased Johnson & Johnson (JNJ) stake by 23.34% reported in 2017Q4 SEC filing. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company's stock. The institutional investor held 32,389 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $3.38 million, up from 21,904 at the end of the previous reported quarter. The company has a market cap of $336.32 billion, a price-to-earnings ratio of 20.84 and a beta of 0.74. The stock increased 0.62% or $0.21 during the last trading session, reaching $33.83. About 1.90M shares traded. It has underperformed by 4.02% the S&P500.

Since February 15, 2018, it had 0 buys, and 1 insider sale for $20.17 million activity. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Therefore 81% are positive. Johnson \u0026 Johnson had 13 analyst reports since October 23, 2017 according to SRatingsIntel. BTIG Research maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, August 2 with "Sell" rating. The rating was maintained by Morgan Stanley on Tuesday, April 10 with "Equal-Weight". On Friday, April 13 the rating was maintained by Jefferies with "Buy". Credit Suisse Group set a $154.00 target price on Johnson & Johnson and gave the stock a "hold" rating in a report on Monday, January 22nd. The stock has "Neutral" rating by Citigroup on Tuesday, October 17. On Friday, March 23 the stock rating was maintained by Jefferies with "Buy". The firm earned "Neutral" rating on Tuesday, January 2 by JP Morgan. The company was maintained on Thursday, August 31 by UBS. Independent Research downgraded the shares of ING in report on Wednesday, December 7 to "Hold" rating.

Investors Bancorp, Inc. (NASDAQ:ISBC) posting a -0.74% after which it closed the day' session at $13.39 and sees an average of 2.52M shares trade hands in each session while it's while its relative trading volume is 0.64. Its down 0.13, from 1.02 in 2017Q3.

A number of institutional investors have recently bought and sold shares of JNJ. 143 funds opened positions while 654 raised stakes.

The company has just set a price target of $135 on Johnson \u0026 Johnson (NYSE:JNJ) shares. Davenport And Commerce Ltd Com reported 1.40M shares stake. Moreover, Cullen Capital Ltd has 2.65% invested in Johnson & Johnson (NYSE:JNJ). Sentry owns 60,200 shares or 0.11% of their USA portfolio. Monarch Management holds 63,347 shares. Moreover, Alphaone Inv Ltd Liability Co has 0.04% invested in Johnson & Johnson (NYSE:JNJ) for 928 shs. Acg Wealth invested in 48,519 shares.

JNJ has been the topic of several research reports. Deprince Race And Zollo Inc has 0.45% invested in Johnson & Johnson (NYSE:JNJ). Cooke Bieler Limited Partnership holds 1.18% or 468,573 shares. Mufg Americas Corporation holds 0.01% or 3,389 shares in its portfolio. United Asset Strategies Inc. boosted its stake in shares of Johnson & Johnson by 3.6% during the 2nd quarter. Starr has 20,000 shares for 0.25% of their portfolio.

Investors sentiment decreased to 0.86 in Q4 2017. It is negative, as 63 investors sold PEP shares while 712 reduced holdings. 80 funds opened positions while 241 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported.

Davidson D A & Company, which manages about $9.65B and $4.77 billion US Long portfolio, upped its stake in Merck & Co Inc (NYSE:MRK) by 87,007 shares to 611,488 shares, valued at $34.41 million in 2017Q4, according to the filing. (NASDAQ:PEP). Argi Investment Serv Limited Liability Company invested 0.16% of its portfolio in PepsiCo, Inc. 352,547 are held by Cambridge Research Advisors.

According to Investors Bancorp, Inc.'s Insider ownership is at 1.80%. Mechanics Bancorp Trust Department accumulated 2.72% or 86,234 shares. Inverness Counsel Lc Ny has 111,092 shares. 4,917 were accumulated by Prentiss Smith. The United Kingdom-based Veritas Asset Management Llp has invested 6.58% in the stock. Mendel Money Management invested in 0.55% or 4,071 shares. Funds hold 1.72 billion shares thus 0.40% more from 2017Q3's 1.71 billion shares. North Point Port Managers Corp Oh, a Ohio-based fund reported 2,923 shares. Eagle Glob Ltd Llc owns 0.03% invested in Noble Energy, Inc. Strategic Glob Ltd Liability Com owns 0.11% invested in PepsiCo, Inc.

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