Shareholder Willingdon Wealth Management Has Lifted Johnson & Johnson (JNJ) Stake; As Facebook (FB) Stock Rose, Leonetti & Associates Cut by $6.05 Million Its Stake

February 24, 2018 - By mmahotstuff

Willingdon Wealth Management increased its stake in Johnson & Johnson (JNJ) by 218.84% based on its latest 2017Q3 regulatory filing with the SEC. Willingdon Wealth Management bought 30,115 shares as the company’s stock rose 6.85% with the market. The institutional investor held 43,876 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $5.70M, up from 13,761 at the end of the previous reported quarter. Willingdon Wealth Management who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $354.67 billion market cap company. The stock increased 1.62% or $2.11 during the last trading session, reaching $132.02. About 5.13M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since February 24, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Leonetti & Associates Llc decreased its stake in Facebook Inc (FB) by 49.7% based on its latest 2017Q3 regulatory filing with the SEC. Leonetti & Associates Llc sold 35,590 shares as the company’s stock rose 10.88% with the market. The institutional investor held 36,025 shares of the technology company at the end of 2017Q3, valued at $6.16M, down from 71,615 at the end of the previous reported quarter. Leonetti & Associates Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $532.46 billion market cap company. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 19.01M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Leonetti & Associates Llc, which manages about $597.86 million and $375.52M US Long portfolio, upped its stake in Spdr S&P 500 (SPY) by 1,934 shares to 106,775 shares, valued at $26.83M in 2017Q3, according to the filing.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 earnings per share, up 34.62% or $0.36 from last year’s $1.04 per share. FB’s profit will be $4.07B for 32.73 P/E if the $1.40 EPS becomes a reality. After $2.20 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

Since August 24, 2017, it had 0 buys, and 35 sales for $735.05 million activity. The insider Cox Christopher K sold 16,000 shares worth $2.80 million. Schroepfer Michael Todd sold $7.14 million worth of stock. 750 shares were sold by Stretch Colin, worth $128,693 on Tuesday, September 5. On Thursday, August 24 FISCHER DAVID B. sold $2.75 million worth of Facebook, Inc. (NASDAQ:FB) or 16,298 shares. Shares for $109.70M were sold by Koum Jan on Wednesday, August 30. Another trade for 55,000 shares valued at $9.75 million was sold by Sandberg Sheryl.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Davidson & Garrard has 45,214 shares. Baldwin Brothers Ma invested in 25,939 shares or 0.71% of the stock. Menora Mivtachim Holding Limited owns 124,475 shares. Lynch & Assoc In has 1,562 shares for 0.11% of their portfolio. Honeywell Inc reported 1.2% stake. Matthew 25 holds 36,000 shares. 38,709 are held by First American Bancorp. Crosslink Cap stated it has 159,100 shares. Carlson reported 2,993 shares or 0.15% of all its holdings. 2,385 were accumulated by Meristem Llp. Centre Asset Management Lc holds 5.1% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 115,080 shares. Brick Kyle Associate reported 2.69% stake. Jones Collombin Counsel reported 55,837 shares. Moreover, Light Street Mgmt Ltd has 6.63% invested in Facebook, Inc. (NASDAQ:FB). Toronto Dominion Natl Bank reported 976,881 shares or 0.54% of all its holdings.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Thursday, November 5. The firm has “Buy” rating by Wells Fargo given on Wednesday, September 27. Mizuho maintained it with “Buy” rating and $148 target in Thursday, February 2 report. The firm has “Buy” rating given on Tuesday, September 26 by Cantor Fitzgerald. Canaccord Genuity maintained Facebook, Inc. (NASDAQ:FB) on Thursday, April 28 with “Buy” rating. Susquehanna initiated Facebook, Inc. (NASDAQ:FB) rating on Monday, August 10. Susquehanna has “Positive” rating and $125 target. The firm has “Outperform” rating given on Thursday, July 30 by Robert W. Baird. The firm has “Buy” rating by Mizuho given on Thursday, November 3. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Monness Crespi & Hardt on Thursday, July 30. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Mizuho on Thursday, November 5.

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. Stifel Nicolaus maintained it with “Hold” rating and $14000 target in Tuesday, July 18 report. The rating was maintained by Jefferies on Thursday, July 14 with “Hold”. The firm earned “Buy” rating on Monday, July 10 by BMO Capital Markets. The stock has “Sell” rating by Goldman Sachs on Wednesday, September 20. The company was maintained on Tuesday, August 15 by Jefferies. Wells Fargo maintained the shares of JNJ in report on Friday, January 12 with “Buy” rating. The company was maintained on Wednesday, January 25 by RBC Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) earned “Hold” rating by Stifel Nicolaus on Wednesday, October 18. On Friday, September 22 the stock rating was maintained by RBC Capital Markets with “Buy”. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, September 13. Jefferies has “Hold” rating and $115 target.

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

Investors sentiment is 0.83 in Q3 2017. Its the same as in 2017Q2. It is the same, 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. Mason Street Advsr Llc holds 372,589 shares. Eagle Asset Management Inc accumulated 857,757 shares or 0.65% of the stock. Stephens Ar holds 0.76% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 161,494 shares. Moreover, Barrett Asset Management Limited Co has 2.64% invested in Johnson & Johnson (NYSE:JNJ) for 278,951 shares. United Ser Automobile Association stated it has 2.46 million shares. Cypress Capital Group reported 2.75% stake. Welch Grp Ltd Liability has 143,401 shares. Artemis Invest Management Ltd Liability Partnership accumulated 88,295 shares or 0.24% of the stock. Altavista Wealth Management has invested 2.99% of its portfolio in Johnson & Johnson (NYSE:JNJ). Osher Van De Voorde Invest Mngmt, California-based fund reported 62,072 shares. Veritas Investment Mgmt (Uk) Ltd invested in 0.13% or 2,860 shares. S R Schill & invested 0.82% of its portfolio in Johnson & Johnson (NYSE:JNJ). Whitnell Com holds 27,743 shares or 1.57% of its portfolio. Holt Capital Advisors Limited Liability Corp Dba Holt Capital Prtnrs L P, Texas-based fund reported 25,270 shares. Victory Capital stated it has 0.06% in Johnson & Johnson (NYSE:JNJ).

Willingdon Wealth Management, which manages about $239.04M and $274.72 million US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 28,587 shares to 10,653 shares, valued at $527,000 in 2017Q3, according to the filing. It also reduced its holding in Crown Castle Intl Corp New (Prn) (NYSE:CCI) by 34,162 shares in the quarter, leaving it with 26,727 shares, and cut its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM).

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>