Johnson & Johnson (NYSE:JNJ) Shifting Institutional Investors Sentiment

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Provise Management Group Llc decreased Johnson & Johnson (JNJ) stake by 6.05% reported in 2017Q3 SEC filing.

Johnson & Johnson's market cap is now $388.8B and has a P/E ratio of 25.14. The stock is now 4.12% away from its 50-day simple moving average and 9.59% away from the 200 day average. RenaissanceRe Holdings Ltd. (RNR) has risen 20.88% since January 13, 2017 and is uptrending. It has underperformed by 3.03% the S&P500.

Thomaspartners Inc increased its stake in Johnson & Johnson (JNJ) by 1.2% based on its latest 2017Q3 regulatory filing with the SEC. Northeast Financial Consultants Inc bought 3,388 shares as the company's stock rose 6.85% with the market. The institutional investor held 3,336 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $434,000, down from 34,533 at the end of the previous reported quarter. Northeast Financial Consultants Inc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $391.59 billion market cap company.

The stock increased 0.57% or $0.82 during the last trading session, reaching $144.79. The stock had a trading volume of 5,450,270 shares, compared to its average volume of 5,920,000. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 13, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Johnson & Johnson (NYSE:JNJ) institutional sentiment is 0.83 in 2017 Q3. Its up 0.28, from 1.12 in 2017Q2. Weatherstone Capital Management owns 2,305 shares. Gateway Invest Advisers Limited Co accumulated 1.66% or 1.48 million shares. Moreover, Pettee Investors Inc. has 12.18% invested in the company for 145,012 shares. Guggenheim Limited Liability Company owns 556,341 shares for 0.15% of their portfolio. (NASDAQ:HA). Rhumbline Advisers invested in 0.01% or 105,943 shares. 2,163 were accumulated by Eagle Ridge Inv.

Abrams Bison Investments Llc holds 14.1% of its portfolio in RenaissanceRe Holdings Ltd. for 625,657 shares. 26,840 were reported by Orleans Management La. Da Davidson Co holds 538,338 shares. Premier Asset Management LLC lifted its position in shares of Johnson & Johnson by 0.4% in the second quarter. Schwartz Inv Counsel has invested 0.04% in Johnson & Johnson (NYSE:JNJ). Swiss State Bank owns 0.01% invested in New Residential Investment Corp. Fort Point Cap Prtn Limited Liability Company has invested 0.22% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Hayek Kallen Management invested 1.24% of its portfolio in Chevron Corporation (NYSE:CVX). They expect $1.72 earnings per share, up 8.86% or $0.14 from last year's $1.58 per share. (NYSE:NRZ) for 632,000 shares. On Thursday, October 5 the stock rating was maintained by BMO Capital Markets with "Buy". Kimberly-Clark had 56 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, September 22, the company rating was maintained by Pacific Crest. The firm has "Neutral" rating by Citigroup given on Friday, November 18. The stock has "Hold" rating by Jefferies on Tuesday, September 5. Stifel Nicolaus has "Sell" rating and $4000 target.

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The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Wells Fargo has "Market Perform" rating and $117 target. Lagoda Investment Management L.P. owns 149,087 shares or 7.28% of their USA portfolio. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.32 and a quick ratio of 1.02. Vetr raised Johnson & Johnson from a "hold" rating to a "buy" rating and set a $150.89 price objective for the company in a research report on Thursday. Therefore 65% are positive. The firm's revenue for the quarter was up 10.3% on a year-over-year basis. research analysts forecast that Johnson & Johnson will post 7.28 EPS for the current fiscal year. The stock has "Hold" rating by Societe Generale on Wednesday, April 6. As per Friday, July 15, the company rating was downgraded by Bank of America. The stock of Johnson & Johnson (NYSE:JNJ) earned "Buy" rating by BMO Capital Markets on Monday, July 10. Royal Bank of Canada reaffirmed a "buy" rating on shares of Johnson & Johnson in a research report on Tuesday. On Wednesday, October 18 the stock rating was maintained by Leerink Swann with "Buy". Jefferies maintained the shares of WWD in report on Friday, August 25 with "Hold" rating. (NASDAQ:HA) earned "Buy" rating by Imperial Capital on Thursday, June 8. The rating was maintained by Jefferies with "Hold" on Thursday, July 14. Wells Fargo maintained it with "Buy" rating and $155.0 target in Wednesday, October 18 report.

Thomaspartners Inc, which manages about $4.24B and $12.50B US Long portfolio, decreased its stake in Kimberly Clark Corp (NYSE:KMB) by 4,357 shares to 226,557 shares, valued at $26.66M in 2017Q3, according to the filing. It also increased its holding in Vanguard World Fd (MGC) by 5,050 shares in the quarter, for a total of 356,982 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

Investors sentiment increased to 0.83 in Q3 2017. Its the same as in 2017Q2. It is flat, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. Willingdon Wealth Mngmt invested in 30,000 shares. Mountain Capital Investment Advisors Inc purchased a new position in shares of Johnson & Johnson during the second quarter valued at approximately $124,000. Tuttle Tactical Management LLC bought a new position in shares of Johnson & Johnson during the second quarter worth $103,000. Court Place Advisors Limited Liability Corp reported 6,702 shares. The New York-based Hudson Valley Invest Advsrs Adv has invested 2.61% in Johnson & Johnson (NYSE:JNJ). Pennsylvania Trust reported 2.69% stake. Bar Harbor Tru Serv has 77,914 shares for 5.38% of their portfolio.

Want to see what other hedge funds are holding JNJ? Estabrook Mgmt reported 2.62% stake. Pinnacle Financial Ptnrs invested in 81,215 shares or 1.35% of the stock. Emory University reported 22,778 shares or 1.34% of all its holdings. D Scott Neal has invested 0.1% in Johnson & Johnson (NYSE:JNJ). The RSI for Johnson & Johnson (NYSE:JNJ) now stands at 73.13.

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