Economy

Gemmer Asset Management LLC Increases Stake in Johnson & Johnson (JNJ)

Gemmer Asset Management LLC Increases Stake in Johnson & Johnson (JNJ)”

The stock rose 0.15% or $0.21 reaching $136.86 per share. 9,810 were reported by Spirit Of America Mngmt Ny. First Bank invested 0.14% in Home Depot Inc (NYSE:HD). It has underperformed by 4.16% the S&P500.

Analyst Thoughts About CBRE Group, Inc. Teradyne, Inc. (TER) has risen 88.99% since October 12, 2016 and is uptrending. It has outperformed by 24.09% the S&P500.

Institutional investors own 67.90% stake in the company while Beta factor, which is used to measure riskiness of the security, was 0.80. Its up 0.12, from 0.83 in 2017Q1. It worsened, as 50 investors sold JNJ shares while 878 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in JNJ. About 1.24 million shares traded. The Beaumont Financial Partners Llc holds 4,369 shares with $670,000 value, up from 1,689 last quarter. Eagle Glob Advsrs Limited Liability invested in 78,099 shares. Westpac Bk Corporation has 0% invested in Johnson & Johnson (NYSE:JNJ) for 219,576 shares. Btim owns 160,678 shares for 0.07% of their portfolio. Fjarde Ap has 627,126 shares. Bancorp Pictet & Cie (Asia) Limited reported 77,500 shares. Missouri-based Fincl Services Corporation has invested 0.98% in Johnson & Johnson (NYSE:JNJ). It also increased its holding in Starbucks Corp (NASDAQ:SBUX) by 254,984 shares in the quarter, for a total of 260,504 shares, and has risen its stake in Goldman Sachs Group Inc (NYSE:GS).

Johnson & Johnson (NYSE:JNJ) last posted its earnings results on Tuesday, July 18th. Duff & Phelps Investment Management Co, a Illinois-based fund reported 2.30 million shares. Schwab Charles Inv Management Inc has invested 1.44% of its portfolio in Johnson & Johnson (NYSE:JNJ). Moreover, Gw Henssler & Associates Ltd has 1.34% invested in the company for 368,383 shares.

Beaumont Financial Partners Llc decreased Ishares Tr (GVI) stake by 2,774 shares to 4,053 valued at $449,000 in 2017Q2. Its down 37.9% from 40,900 shares previously. 137,838 are held by Cap Investment Lc.

Johnson & Johnson (JNJ) reported sales (ttm) of 72.53 Billion, whereas, 17 number of analysts estimated the mean sale of 19926.8 million. JNJ's past Hold rating is has been discontinued by the brokerage firm. The rating was maintained by Jefferies with "Hold" on Tuesday, March 15.

The price target set for the stock is $137.60 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. The Piotroski score is used to determine the best value stocks, nine being the best. On Thursday, August 31 the stock rating was maintained by BMO Capital Markets with "Buy". On Monday, August 17 the stock rating was upgraded by Zacks to "Sell". The rating was downgraded by Barclays Capital on Tuesday, November 29 to "Equal-Weight". Morgan Stanley upped their price objective on shares of Johnson & Johnson from $135.00 to $140.00 and gave the company an "overweight" rating in a research report on Wednesday, July 5th. Cowen & Co maintained Johnson & Johnson (NYSE:JNJ) rating on Friday, October 6. During the same quarter in the prior year, the company earned $1.74 earnings per share. JNJ's profit will be $4.80 billion for 19.08 P/E if the $1.79 EPS becomes a reality. The company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.79 by $0.04.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. TER was included in 3 notes of analysts from October 28, 2016. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, July 20. Also included in the list of buyers for the last 3 months Dominic J Caruso who executed a direct buy for 82,591 shares on July 20, 2017.Officer Joaquin Duato bought 50000 shares on March 3, 2017, bringing his total number of shares held to 118536.

Growth rates are very important while analyzing the long term growth and valuation of a certain company. Jefferies maintained the shares of JNJ in report on Thursday, August 4 with "Hold" rating. Lenox Wealth Advisors Inc. now owns 876 shares of the company's stock worth $116,000 after buying an additional 5 shares during the period. The firm earned "Sell" rating on Tuesday, August 25 by SEB Equity Research. CBG comes in with a P/S ratio of 0.99 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.04) and its peers (89.54). Its down 0.03, from 0.82 in 2017Q1. Mcdonalds Corp (NYSE:MCD) was reduced too. Corporate insiders own 0.19% of the company's stock. Shares of CBG have increased 5.71% in the past three monthswhile the S&P 500 has gained 1.68% in that time. Similarly, investors look up the share price over 12 month periods. The Market Cap of the company is $367.85 Billion. The Firm operates location social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other.



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