Goldman Sachs Downgrades Rating On Johnson & Johnson (JNJ) To "Sell"

23 September, 2017, 06:50 | Author: Leticia Walters

About 2.20 million shares traded. Johnson & Johnson now has $362.93 billion valuation. Harel Insurance Investments & Financial Services Ltd. now owns 1,190 shares of the company's stock worth $149,000 after purchasing an additional 841 shares during the period. Currently, 541.5 million total shares are owned by the public and among those 541.5 million shares have been available to trade. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since September 22, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Frigate Ventures Lp increased its stake in Mobile Telesystems Pjsc (MBT) by 130.67% based on its latest 2017Q2 regulatory filing with the SEC. The Ws Management Lllp holds 300,000 shares with $2.57M value, down from 1.29M last quarter. Cisco Systems Inc. had 109 analyst reports since August 4, 2015 according to SRatingsIntel.

Investors are feeling more bearish on shares of Johnson & Johnson of late if you pay attention to the rise in short interest. It has outperformed by 0.72% the S&P500. Vanguard Group Inc. grew its holdings in Johnson & Johnson by 1.5% in the second quarter. Whole Foods Mkt Inc (Put) (NASDAQ:WFM) was raised too. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company's stock. Therefore 35% are positive.

Analysts expect ATN International Inc (NASDAQ:ATNI) to report $0.32 EPS on October, 25.They anticipate $0.12 EPS change or 27.27% from last quarter's $0.44 EPS. Finally, Morgan Stanley lifted their price objective on Johnson & Johnson from $135.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, July 5th.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. As per Tuesday, September 5, the company rating was maintained by Cowen & Co. The firm has "Buy" rating given on Wednesday, May 24 by Aegis Capital. Vicus Capital now owns 18,336 shares of the company's stock valued at $2,426,000 after purchasing an additional 463 shares during the period. The company was reinitiated on Monday, October 5 by Piper Jaffray.

Investors sentiment decreased to 0.83 in 2017 Q2. Its up 0.25, from 0.71 in 2017Q1. It turned negative, as 53 investors sold Praxair, Inc. shares while 303 reduced holdings. 22 funds opened positions while 47 raised stakes. Saybrook Cap Nc reported 4,000 shares or 0.22% of all its holdings. Homrich Berg holds 0.47% or 40,041 shares. The data from the past twelve months tells a similar story: insiders executed 10 buys and 25 sells, and ownership decreased by a net of 411959 shares. Moreover, Live Your Vision Limited Liability Corp has 0.02% invested in Procter & Gamble Co (NYSE:PG) for 674 shares. Diamond Hill Management Inc holds 0% or 2,184 shares. Paw Capital Corporation reported 0.27% of its portfolio in iPass Inc. FBR Capital upgraded the shares of HPT in report on Friday, November 11 to "Outperform" rating. 39,096 are owned by Natixis. Beacon Advisors has invested 0.82% in Procter & Gamble Co (NYSE:PG). California Employees Retirement Sys has invested 0% in Coeur Mining Inc (NYSE:CDE). The stock volatility for week was 2.51% while for month was 2.12%. Spurbeck Mark had sold 16,400 shares worth $159,982 on Thursday, June 8.

On a similar note, analysts expect EPS of $1.79 in September 2017 quarter and $1.73 in December 2017 quarter, representing 6.55% and 9.49% growth, respectively. PX's profit would be $414.74 million giving it 23.70 P/E if the $1.45 EPS is correct. Next quarter's EPS is forecasted to be $1.73 and the next full year EPS is projected to be $7.73.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.85, from 2.43 in 2017Q1. However, the institutional investors are observed to own 94.10% of the total shares. Hartford Inv reported 1.61% stake. "Downgrades Johnson & Johnson (JNJ) to Sell" was first published by BBNS and is the sole property of of BBNS. Roanoke Asset Corp Ny invested 0.23% in Johnson & Johnson (NYSE:JNJ). Adirondack Tru holds 3.43% or 32,203 shares in its portfolio. 90,263 were reported by Advisor Prtn Limited Liability Co. Greenwood Assoc Lc, a South Carolina-based fund reported 57,166 shares. Richard C Young & Ltd invested 2.97% of its portfolio in Johnson & Johnson (NYSE:JNJ). Vanguard Grp Inc Inc owns 2.13M shares for 0% of their portfolio. Garland accumulated 49,000 shares or 3.98% of the stock. Johnson & Johnson comprises approximately 4.4% of Guardian Investment Management's investment portfolio, making the stock its 3rd biggest holding. Krasney Fincl Limited Liability Company reported 0.42% in Johnson & Johnson (NYSE:JNJ).

Among 22 analysts covering Johnson & Johnson (NYSE:JNJ), 10 have Buy rating, 5 Sell and 7 Hold.

Ratings analysis reveals 50% of Hospitality Props's analysts are positive. Johnson & Johnson had 65 analyst reports since August 7, 2015 according to SRatingsIntel.

In related news, VP Dominic J. Caruso sold 82,591 shares of the firm's stock in a transaction that occurred on Thursday, July 20th. The rating was maintained by Stifel Nicolaus on Tuesday, July 18 with "Hold". RBC Capital Markets maintained the shares of CAT in report on Sunday, August 27 with "Hold" rating. As per Friday, July 21, the company rating was downgraded by BTIG Research. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: and their article: "Johnson & Johnson - This Is A Dividend Machine" published on September 15, 2017 as well as's news article titled: "Pfizer Punches Back at Johnson & Johnson in Prostate Cancer" with publication date: September 15, 2017. The firm earned "Buy" rating on Wednesday, April 20 by Argus Research.



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