Swedbank Increased Johnson & Johnso (JNJ) Position By $24.78 Million; 9 Analysts Bullish BB&T …



July 13, 2018 – By Anthony Rauscher

Johnson & Johnson (NYSE:JNJ) Logo

Among 17 analysts covering BB&T Corp (NYSE:BBT), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. BB&T Corp had 26 analyst reports since January 18, 2018 according to SRatingsIntel. The rating was maintained by Susquehanna with “Hold” on Thursday, January 18. The stock has “Hold” rating by Piper Jaffray on Thursday, April 19. The rating was maintained by Morgan Stanley on Friday, February 2 with “Equal-Weight”. On Thursday, April 19 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating given on Thursday, January 18 by Piper Jaffray. The stock of BB&T Corporation (NYSE:BBT) earned “Buy” rating by SunTrust on Thursday, January 18. The stock of BB&T Corporation (NYSE:BBT) earned “Buy” rating by FBR Capital on Tuesday, March 27. As per Tuesday, March 27, the company rating was upgraded by B. Riley & Co. The rating was upgraded by Edward Jones on Wednesday, April 11 to “Buy”. The firm has “Buy” rating by BMO Capital Markets given on Thursday, April 19. See BB&T Corporation (NYSE:BBT) latest ratings:

23/04/2018 Broker: Hilliard Lyons Old Rating: Neutral New Rating: Buy Old Target: $51 Upgrade
23/04/2018 Broker: Stephens Rating: Buy New Target: $59.0000 Maintain
19/04/2018 Broker: Barclays Capital Rating: Hold New Target: $58.0000
20/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $59 New Target: $60 Maintain
19/04/2018 Broker: Jefferies Rating: Hold New Target: $54.0000 Maintain
19/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $63.0000 Maintain
19/04/2018 Broker: Sandler O’Neill Rating: Hold New Target: $56.0000 Maintain
19/04/2018 Broker: SunTrust Rating: Buy New Target: $60.0000 Maintain
19/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $54.0000 Maintain
11/04/2018 Broker: Edward Jones Old Rating: Hold New Rating: Buy Upgrade

Swedbank increased Johnson & Johnso (JNJ) stake by 5.5% reported in 2018Q1 SEC filing. Swedbank acquired 193,586 shares as Johnson & Johnso (JNJ)’s stock declined 8.03%. The Swedbank holds 3.71M shares with $476.04M value, up from 3.52M last quarter. Johnson & Johnso now has $337.82B valuation. The stock decreased 1.42% or $1.81 during the last trading session, reaching $125.95. About 5.87 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since July 13, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 25/05/2018 – J&J Jury Fails to Reach Verdict in S.C. Cancer Suit Tied to Talc; 17/04/2018 – Johnson & Johnson quarterly sales rise 12.6 pct; 15/05/2018 – BNY Mellon Adds Aptiv, Cuts J&J, Buys More Netflix: 13F; 25/05/2018 – J&J JURY FAILS TO REACH VERDICT IN CANCER SUIT TIED TO TALC; 11/04/2018 – J&J, Imerys Ordered to Pay Punitive $80 Million in Talc Case; 17/04/2018 – JNJ RESTRUCTURING DRIVEN BY NEW TECHNOLOGY FOR NEWER PRODUCTS; 15/05/2018 – Florida Lawsuit Targets Painkiller Makers Purdue Pharma, Endo Pharmaceuticals, Johnson & Johnson, Teva Pharmaceutical and Allergan; 17/04/2018 – J&J SAYS ESTIMATES THAT ABOUT 70% OF CUMULATIVE PRE-TAX COSTS RELATING TO GLOBAL SUPPLY CHAIN ACTIONS WILL RESULT IN CASH OUTLAYS – SEC FILING; 23/05/2018 – J&J Loses Second Talc-Asbestos Cancer Trial and Damages May Grow; 05/05/2018 – New Phase 3 Data Show Esketamine Nasal Spray Demonstrated Rapid Improvements in Depressive Symptoms in Patients with Treatment-

Investors sentiment increased to 0.93 in 2018 Q1. Its up 0.06, from 0.87 in 2017Q4. It is positive, 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. Beutel Goodman Company holds 0.18% or 239,633 shares in its portfolio. Reik Lc holds 0.73% or 17,417 shares in its portfolio. Litman Gregory Asset Mgmt Lc reported 956 shares stake. Td Asset Mgmt stated it has 0.58% of its portfolio in Johnson & Johnson (NYSE:JNJ). Capital Invest Advsr Limited Liability Corp invested in 143,446 shares or 1.2% of the stock. 61,871 were accumulated by Wetherby Asset Management. Riverhead Capital Mngmt Ltd Co invested in 165,082 shares. Banced accumulated 4,408 shares. Managed Asset Portfolios Ltd Co has 151,418 shares. Mu Com invested in 3.59% or 39,300 shares. Central Financial Bank Tru has 0.35% invested in Johnson & Johnson (NYSE:JNJ) for 10,929 shares. Abner Herrman And Brock Ltd Liability Corp stated it has 37,313 shares. Peapack Gladstone Financial Corp holds 262,297 shares or 0% of its portfolio. Dafna Cap Management Ltd Liability owns 9,400 shares. First Heartland Consultants stated it has 0.6% in Johnson & Johnson (NYSE:JNJ).

Swedbank decreased General Electric (NYSE:GE) stake by 2.11 million shares to 1.15 million valued at $15.44 million in 2018Q1. It also reduced Paypal Holdings stake by 32,110 shares and now owns 2.21M shares. Nvidia Corp (NASDAQ:NVDA) was reduced too.

Among 11 analysts covering Johnson & Johnson (NYSE:JNJ), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Johnson & Johnson had 19 analyst reports since January 16, 2018 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Wednesday, April 18 with “Buy”. The rating was maintained by Wells Fargo with “Buy” on Tuesday, February 6. On Wednesday, April 18 the stock rating was maintained by Leerink Swann with “Buy”. Credit Suisse upgraded the shares of JNJ in report on Thursday, April 12 to “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Tuesday, January 16 by Jefferies. As per Wednesday, January 24, the company rating was maintained by Stifel Nicolaus. As per Thursday, May 17, the company rating was maintained by Leerink Swann. The stock of Johnson & Johnson (NYSE:JNJ) earned “Outperform” rating by Credit Suisse on Friday, April 20. The firm has “Buy” rating given on Wednesday, April 18 by Wells Fargo. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Jefferies on Friday, March 23.

More important recent Johnson & Johnson (NYSE:JNJ) news were published by: Benzinga.com which released: “Goldman Sachs Swaps Perrigo, Johnson & Johnson Ratings” on July 12, 2018, also Streetinsider.com published article titled: “Pre-Open Movers 07/13: (PIXY) (ADXS) (GLMD) Higher; (INGR) (JNJ) (T) Lower (more…)”, Fool.com published: “Why Johnson & Johnson Stock Has Lost 13% So Far in 2018” on July 12, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) was released by: Fool.com and their article: “Better Buy: Amgen Inc. vs. Johnson & Johnson” with publication date: July 13, 2018.

Since February 15, 2018, it had 0 insider purchases, and 1 sale for $20.17 million activity. Stoffels Paulus also sold $20.17M worth of Johnson & Johnson (NYSE:JNJ) shares.

BB&T Corporation operates as a financial holding firm that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company has market cap of $39.78 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 15.83 P/E ratio. The companyÂ’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.

More news for BB&T Corporation (NYSE:BBT) were recently published by: Seekingalpha.com, which released: “Banks report dividend boost, buybacks on no objection to its capital plan” on June 28, 2018. Bizjournals.com‘s article titled: “FDIC, state banking commissioner end BB&T consent order” and published on July 01, 2018 is yet another important article.

Since January 19, 2018, it had 0 buys, and 17 insider sales for $25.39 million activity. $306,847 worth of BB&T Corporation (NYSE:BBT) was sold by Bradley W Bennett. KING KELLY S had sold 80,789 shares worth $4.35 million on Wednesday, April 25. $4.01M worth of BB&T Corporation (NYSE:BBT) was sold by Bible Daryl N. on Wednesday, April 25. Boyer K. David Jr. sold 2,500 shares worth $137,587. DUCK BARBARA F sold $3.66 million worth of stock or 68,402 shares. Starnes Clarke R III sold $1.25 million worth of BB&T Corporation (NYSE:BBT) on Tuesday, February 20. Another trade for 3,646 shares valued at $199,181 was sold by LYNN LOUIS B.

BB&T Corporation (NYSE:BBT) Institutional Positions Chart

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