Montrusco Bolton Investments Lifted Johnson & Johnson (JNJ) Position; Philip Morris Intl (PM) Shareholder Capital Planning Advisors Has Cut Stake as Valuation Rose

February 20, 2018 - By Michael Collier

Ken Heebner decreased its stake in Philip Morris Intl Inc (PM) by 8.25% based on its latest 2017Q3 regulatory filing with the SEC. Capital Planning Advisors Llc sold 3,398 shares as the company’s stock rose 10.69% with the market. The hedge fund run by Ken Heebner held 37,768 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $4.19M, down from 41,166 at the end of the previous reported quarter. Capital Planning Advisors Llc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $159.95 billion market cap company. The stock decreased 1.28% or $1.33 during the last trading session, reaching $102.98. About 2.32M shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since February 20, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Montrusco Bolton Investments Inc increased its stake in Johnson & Johnson (JNJ) by 47.59% based on its latest 2017Q3 regulatory filing with the SEC. Montrusco Bolton Investments Inc bought 22,527 shares as the company’s stock rose 6.85% with the market. The institutional investor held 69,860 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $9.08M, up from 47,333 at the end of the previous reported quarter. Montrusco Bolton Investments Inc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $351.96B market cap company. The stock decreased 1.61% or $2.14 during the last trading session, reaching $131.01. About 3.95 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since February 20, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Among 19 analysts covering Philip Morris International (NYSE:PM), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Philip Morris International had 54 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Monday, September 12 to “Buy”. Piper Jaffray maintained the shares of PM in report on Thursday, October 19 with “Buy” rating. On Tuesday, March 8 the stock rating was upgraded by BNP Paribas to “Outperform”. Bank of America maintained Philip Morris International Inc. (NYSE:PM) rating on Friday, October 20. Bank of America has “Neutral” rating and $121 target. Wells Fargo maintained it with “Buy” rating and $140.0 target in Tuesday, October 10 report. On Friday, October 20 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Goldman Sachs on Monday, October 3 with “Buy”. Bank of America upgraded the shares of PM in report on Thursday, March 24 to “Buy” rating. The stock of Philip Morris International Inc. (NYSE:PM) earned “Hold” rating by Jefferies on Friday, October 20. Goldman Sachs maintained Philip Morris International Inc. (NYSE:PM) rating on Wednesday, April 20. Goldman Sachs has “Neutral” rating and $101 target.

Capital Planning Advisors Llc, which manages about $180.00M and $255.23M US Long portfolio, upped its stake in Ishares Tr (IJH) by 20,888 shares to 86,384 shares, valued at $15.45 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IYW) by 2,781 shares in the quarter, for a total of 16,485 shares, and has risen its stake in Ishares Tr (IJR).

Since August 30, 2017, it had 0 insider buys, and 2 selling transactions for $13.44 million activity. $11.81M worth of Philip Morris International Inc. (NYSE:PM) was sold by CAMILLERI LOUIS C on Tuesday, October 24.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. It increased, as 55 investors sold PM shares while 524 reduced holdings. 112 funds opened positions while 452 raised stakes. 1.10 billion shares or 0.12% more from 1.10 billion shares in 2017Q2 were reported. Chicago Equity Ptnrs Ltd Limited Liability Company has invested 0.69% in Philip Morris International Inc. (NYSE:PM). Bbva Compass Fincl Bank accumulated 0.76% or 104,578 shares. Moreover, Burns J W And Incorporated New York has 1.31% invested in Philip Morris International Inc. (NYSE:PM). Barr E S holds 5,512 shares or 0.07% of its portfolio. Moody Fincl Bank Trust Division, a Texas-based fund reported 4,395 shares. Hollencrest Securities Limited Com has 98,189 shares for 1.51% of their portfolio. Goldman Sachs Gru reported 7.35 million shares. Meiji Yasuda Asset Management Communication Ltd invested in 84,218 shares or 0.92% of the stock. Fmr Ltd Liability accumulated 21.12M shares. Hudock Capital Group has invested 0.16% in Philip Morris International Inc. (NYSE:PM). Eagle Asset reported 0.04% stake. 7,987 are held by Joel Isaacson And Ltd Liability. Putnam Invests Ltd holds 0.07% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 255,952 shares. Prudential holds 2.06 million shares. 2,432 were accumulated by Loudon Mgmt Ltd Liability Corp.

Montrusco Bolton Investments Inc, which manages about $6.00 billion and $1.89 billion US Long portfolio, decreased its stake in Sun Life Finl Inc (NYSE:SLF) by 21,512 shares to 2.33M shares, valued at $92.39M in 2017Q3, according to the filing. It also reduced its holding in Agrium Inc (NYSE:AGU) by 423,827 shares in the quarter, leaving it with 712,727 shares, and cut its stake in Klondex Mns Ltd.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 89 analyst reports since August 7, 2015 according to SRatingsIntel. Wells Fargo upgraded Johnson & Johnson (NYSE:JNJ) rating on Monday, October 9. Wells Fargo has “Buy” rating and $149.0 target. The stock has “Buy” rating by RBC Capital Markets on Wednesday, October 18. The firm has “Hold” rating given on Monday, September 25 by Citigroup. The company was initiated on Friday, May 20 by Standpoint Research. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, April 20. The company was maintained on Thursday, October 5 by BMO Capital Markets. Stifel Nicolaus maintained the shares of JNJ in report on Wednesday, October 18 with “Hold” rating. The stock of Johnson & Johnson (NYSE:JNJ) earned “Outperform” rating by RBC Capital Markets on Wednesday, October 7. On Tuesday, September 29 the stock rating was upgraded by Deutsche Bank to “Buy”. As per Monday, October 2, the company rating was maintained by Piper Jaffray.

Investors sentiment is 0.83 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. 1.71 billion shares or 0.90% less from 1.73 billion shares in 2017Q2 were reported. Tnb Fincl owns 32,588 shares. Saratoga & Inv Management owns 3,055 shares or 0.24% of their US portfolio. Moreover, Corda Invest Mgmt Limited Liability has 3.48% invested in Johnson & Johnson (NYSE:JNJ) for 206,671 shares. First Amer Bank holds 0.59% or 59,837 shares. Johnson Counsel owns 227,395 shares. Orca Inv Limited Liability Com, a Oregon-based fund reported 7,375 shares. Deroy Devereaux Private Inv Counsel holds 10,094 shares or 0.15% of its portfolio. Roffman Miller Pa holds 3.41% in Johnson & Johnson (NYSE:JNJ) or 198,769 shares. Schafer Cullen Capital Mgmt reported 1.95% in Johnson & Johnson (NYSE:JNJ). Stadion Money Management Llc holds 0.06% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 13,999 shares. Boyd Watterson Asset Mgmt Ltd Co Oh, a Ohio-based fund reported 17,739 shares. Citizens & Northern Corporation has invested 0.86% in Johnson & Johnson (NYSE:JNJ). Hendley reported 4.26% of its portfolio in Johnson & Johnson (NYSE:JNJ). The Ontario – Canada-based Lincluden Mgmt has invested 1.22% in Johnson & Johnson (NYSE:JNJ). Focused Wealth Management has invested 0.76% of its portfolio in Johnson & Johnson (NYSE:JNJ).

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