Abercrombie & Fitch Class A (ANF) Stock Value Rose While Lesa Sroufe & Co Trimmed by $4.14 Million Its Stake; Northstar Asset Management Has Lifted Johnson & Johnson (JNJ) Holding

June 24, 2018 - By Peter Erickson

Johnson & Johnson (NYSE:JNJ) Logo

Northstar Asset Management Llc increased its stake in Johnson & Johnson (JNJ) by 16.42% based on its latest 2018Q1 regulatory filing with the SEC. Northstar Asset Management Llc bought 6,025 shares as the company’s stock declined 8.03% with the market. The institutional investor held 42,727 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $5.48M, up from 36,702 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $329.48 billion market cap company. The stock increased 1.14% or $1.39 during the last trading session, reaching $122.84. About 10.31 million shares traded or 54.79% up from the average. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 24, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 17/04/2018 – $JNJ dumps a failed PhIII antibiotic program picked up in Actelion buyout; 27/03/2018 – Johnson & Johnson, Be The Match, and DoSomething.org Team Up With Duo Ayo & Teo For Give a Spit About Cancer Campaign; 06/03/2018 – BOEHRINGER INGELHEIM, LILLY EXPAND PROGRAM FOR JARDIANCE; 27/03/2018 – Platinum Equity lines up US$1.9bn of debt for J&J diabetes care unit bid; 25/05/2018 – U.S. jury fails to reach verdict in latest J&J talc trial over asbestos claims; 11/03/2018 – J&J Unit: Invokana Significantly Reduces Risk of Heart Failure-Related Outcomes in Type 2 Diabetes Patients at Risk for or With a History of Cardiovascular Disease; 16/03/2018 – Johnson & Johnson: Transaction Was Contemplated in Guidance Provided on Jan. 23; 24/05/2018 – New Real-World Study Finds Long-Term XARELTO® (rivaroxaban) Use Resulted in Fewer Strokes and Systemic Emboli Compared to Warf; 05/04/2018 – JOHNSON & JOHNSON JNJ.N , IMERYS SA IMTP.PA ORDERED TO PAY $37 MLN IN NEW JERSEY CASE BLAMING TALC ON MESOTHELIOMA -COURTROOM VIDEO; 17/04/2018 – JNJ SAYS ACTELION IS DELIVERING AS EXPECTED

Lesa Sroufe & Co decreased its stake in Abercrombie & Fitch Class A (ANF) by 48.62% based on its latest 2018Q1 regulatory filing with the SEC. Lesa Sroufe & Co sold 172,421 shares as the company’s stock rose 20.50% while stock markets declined. The institutional investor held 182,182 shares of the clothing and shoe and accessory stores company at the end of 2018Q1, valued at $4.41M, down from 354,603 at the end of the previous reported quarter. Lesa Sroufe & Co who had been investing in Abercrombie & Fitch Class A for a number of months, seems to be less bullish one the $1.89B market cap company. The stock increased 1.23% or $0.34 during the last trading session, reaching $27.93. About 2.39 million shares traded. Abercrombie & Fitch Co. (NYSE:ANF) has risen 81.14% since June 24, 2017 and is uptrending. It has outperformed by 68.57% the S&P500. Some Historical ANF News: 07/03/2018 – Abercrombie & Fitch 4Q U.S. Sales Rose 13% to $774.6M; 18/04/2018 – Mango receives IPO pitches as it seeks path back to profitability –; 07/03/2018 – ABERCROMBIE & FITCH CO ANF.N : RBC RAISES TARGET PRICE TO $27 FROM $24; 25/04/2018 – Abercrombie & Fitch Reader Demand Rises; Options Volume High; 23/04/2018 – Abercrombie & Fitch Highlights Improved Working Conditions in Bangladesh After Protests; 07/03/2018 – Abercrombie & Fitch to close 60 more stores; shares surge; 07/03/2018 – Abercrombie & Fitch Ended FY With $424.4M Inventory, Up 6%; 22/04/2018 – DJ Abercrombie & Fitch Co Class A, Inst Holders, 1Q 2018 (ANF); 07/03/2018 – ABERCROMBIE & FITCH 4Q ADJ. EPS $1.38, EST. $1.12; 15/05/2018 – GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN BEST BUY INC

Investors sentiment increased to 0.93 in 2018 Q1. Its up 0.06, from 0.87 in 2017Q4. It improved, as 63 investors sold JNJ shares while 831 reduced holdings. 111 funds opened positions while 720 raised stakes. 1.71 billion shares or 0.80% less from 1.72 billion shares in 2017Q4 were reported. Asset accumulated 156,694 shares or 0.94% of the stock. Driehaus Cap Ltd holds 4,311 shares. 39,038 are held by Bonness Enterp Inc. Private Asset Mgmt stated it has 2.35% of its portfolio in Johnson & Johnson (NYSE:JNJ). 524,297 were reported by Loring Wolcott & Coolidge Fiduciary Llp Ma. Trb Advisors Ltd Partnership invested in 5.34% or 20,000 shares. Moreover, Montgomery Inv has 1.58% invested in Johnson & Johnson (NYSE:JNJ). Moreover, Jensen Invest Mgmt has 4.11% invested in Johnson & Johnson (NYSE:JNJ). Bellecapital International Ltd invested 0.35% in Johnson & Johnson (NYSE:JNJ). Evercore Wealth Management Limited Company reported 301,742 shares or 1.48% of all its holdings. Caprock stated it has 40,030 shares. Legg Mason Asset Management (Japan) reported 3,500 shares or 0.32% of all its holdings. Madison Invest Inc holds 1.08% in Johnson & Johnson (NYSE:JNJ) or 471,084 shares. Eads Heald Counsel reported 1.26% of its portfolio in Johnson & Johnson (NYSE:JNJ). Catalyst Advisors Lc stated it has 0.07% of its portfolio in Johnson & Johnson (NYSE:JNJ).

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 102 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, February 27. Citigroup has “Neutral” rating and $146 target. Jefferies maintained it with “Buy” rating and $15300 target in Friday, April 13 report. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Tuesday, June 14 with “Hold” rating. RBC Capital Markets maintained the shares of JNJ in report on Monday, July 10 with “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) has “Hold” rating given on Tuesday, August 15 by Jefferies. The rating was reinitiated by Piper Jaffray on Monday, October 5 with “Neutral”. BTIG Research maintained it with “Sell” rating and $110.0 target in Tuesday, January 23 report. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, April 18. As per Wednesday, October 7, the company rating was maintained by RBC Capital Markets. The firm earned “Hold” rating on Wednesday, April 6 by Societe Generale.

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

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Livetradingnews.com which released: “Johnson & Johnson (NYSE:JNJ) Stock Worth Watching” on June 04, 2018, also Seekingalpha.com with their article: “Johnson & Johnson (JNJ) Presents at Goldman Sachs 39th Annual Global Healthcare Conference Call (Transcript)” published on June 12, 2018, Fool.com published: “Better Buy: Pfizer Inc. vs. Johnson & Johnson” on June 17, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Fool.com and their article: “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Recent Purchase: Johnson & Johnson” with publication date: June 14, 2018.

Investors sentiment decreased to 1.03 in 2018 Q1. Its down 0.20, from 1.23 in 2017Q4. It worsened, as 32 investors sold ANF shares while 74 reduced holdings. 50 funds opened positions while 59 raised stakes. 67.61 million shares or 2.26% less from 69.17 million shares in 2017Q4 were reported. Robeco Institutional Asset Mgmt Bv reported 1.23M shares stake. Citigroup has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). 47,500 were reported by Strs Ohio. Axa stated it has 0.01% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). 59,745 are owned by Sterling Capital Mngmt Limited Liability Corp. Dorsey Whitney Ltd has 0.04% invested in Abercrombie & Fitch Co. (NYSE:ANF). State Of Alaska Department Of Revenue accumulated 0.01% or 21,957 shares. Geode Cap Lc, a Massachusetts-based fund reported 583,644 shares. Tudor Corp Et Al owns 35,955 shares or 0.03% of their US portfolio. Financial Architects Inc accumulated 151 shares or 0% of the stock. Moreover, Eam Investors Limited Company has 0.15% invested in Abercrombie & Fitch Co. (NYSE:ANF). Moreover, Legal And General Public Limited Company has 0% invested in Abercrombie & Fitch Co. (NYSE:ANF) for 222,895 shares. Macquarie Grp Limited reported 0% stake. Employees Retirement Association Of Colorado has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Parametric Port Associate Limited Liability Company has invested 0.02% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF).

Among 33 analysts covering Abercrombie & Fitch Co. (NYSE:ANF), 7 have Buy rating, 9 Sell and 17 Hold. Therefore 21% are positive. Abercrombie & Fitch Co. had 122 analyst reports since August 7, 2015 according to SRatingsIntel. Suntrust Robinson maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Friday, May 27. Suntrust Robinson has “Buy” rating and $30 target. Stephens maintained it with “Underweight” rating and $16 target in Monday, August 24 report. The firm has “Sell” rating by J.P. Morgan given on Wednesday, November 1. The firm has “Hold” rating given on Monday, November 20 by Jefferies. Oppenheimer downgraded Abercrombie & Fitch Co. (NYSE:ANF) on Tuesday, January 3 to “Underperform” rating. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, January 23. UBS maintained the shares of ANF in report on Wednesday, August 31 with “Neutral” rating. As per Monday, November 20, the company rating was maintained by Bank of America. As per Tuesday, April 11, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Standpoint Research to “Hold” on Friday, November 17.

More recent Abercrombie & Fitch Co. (NYSE:ANF) news were published by: Forbes.com which released: “Good Times Ahead For Abercrombie & Fitch” on June 04, 2018. Also Seekingalpha.com published the news titled: “Retail sales winners and losers” on June 14, 2018. Globenewswire.com‘s news article titled: “ABERCROMBIE & FITCH CO. REPORTS FIRST QUARTER RESULTS” with publication date: June 01, 2018 was also an interesting one.

Lesa Sroufe & Co, which manages about $282.00 million and $127.49M US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 13,054 shares to 30,253 shares, valued at $2.76 million in 2018Q1, according to the filing.

Abercrombie & Fitch Co. (NYSE:ANF) Institutional Positions Chart

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