South State Cut Its Johnson & Johnson (JNJ) Position as Valuation Declined; Richmond Hill Investment Company Has Cut Its Holding in Advance Auto Parts (AAP) as Stock Value Declined

Johnson & Johnson (NYSE:JNJ) Logo

South State Corp decreased its stake in Johnson & Johnson (JNJ) by 5.13% based on its latest 2018Q4 regulatory filing with the SEC. South State Corp sold 6,344 shares as the company’s stock declined 5.44% while stock markets rallied. The institutional investor held 117,403 shares of the major pharmaceuticals company at the end of 2018Q4, valued at $15.15M, down from 123,747 at the end of the previous reported quarter. South State Corp who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $362.08 billion market cap company. The stock increased 0.57% or $0.77 during the last trading session, reaching $135.98. About 5.07 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 8.80% since April 14, 2018 and is uptrending. It has outperformed by 4.43% the S&P500. Some Historical JNJ News: 01/05/2018 – Johnson & Johnson Vision Presents New Data on Silicone Hydrogel Contact Lens Muco-Adhesive Properties; 05/05/2018 – New Phase 3 Data Show Esketamine Nasal Spray Demonstrated Rapid lmprovements in Depressive Symptoms in Patients with Treatment-Resistant Depression; 16/04/2018 – J&J: STUDY FOUND ESKETAMINE SHOWED IMPROVEMENTS IN SUICIDALITY; 17/04/2018 – JNJ RESTRUCTURING DRIVEN BY NEW TECHNOLOGY FOR NEWER PRODUCTS; 11/04/2018 – JOHNSON & JOHNSON JNJ.N , IMERYS SA IMTP.PA SUBSIDIARY ORDERED TO PAY $80 MLN IN PUNITIVE DAMAGES IN NEW JERSEY CASE BLAMING TALC FOR MESOTHELIOMA -COURTROOM VIDEO; 08/05/2018 – J&J Presenting at Deutsche Bank Health Care Conference Tomorrow; 22/03/2018 – Johnson & Johnson CDS Widens 3 Bps, Most in 6 Months; 20/03/2018 – Johnson & Johnson Chief Financial Officer Dominic Caruso to Retire; 29/03/2018 – Arkansas sues opioid manufacturers for roles in epidemic; 26/03/2018 – $BLUE $CELG $JNJ BCMA CAR-T competitor –

Richmond Hill Investment Company decreased its stake in Advance Auto Parts Inc (AAP) by 36.15% based on its latest 2018Q4 regulatory filing with the SEC. Richmond Hill Investment Company sold 17,750 shares as the company’s stock declined 11.48% while stock markets rallied. The hedge fund held 31,356 shares of the other specialty stores company at the end of 2018Q4, valued at $4.94M, down from 49,106 at the end of the previous reported quarter. Richmond Hill Investment Company who had been investing in Advance Auto Parts Inc for a number of months, seems to be less bullish one the $12.84 billion market cap company. The stock decreased 0.47% or $0.85 during the last trading session, reaching $180.11. About 907,380 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 34.80% since April 14, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical AAP News: 29/03/2018 AAP IMPLANTATE – MADE SUBSTANTIAL PROGRESS IN PREPARING HUMAN CLINICAL STUDY FOR AIMED CE AND FDA APPROVAL OF ITS ANTIBACTERIAL SILVER COATING TECHNOLOGY IN RECENT MONTHS; 29/03/2018 – Moody’s Upgrades Two, Affirms Nine and Downgrades Two Classes of MLMT 2008-C1; 22/05/2018 – Advance Auto Parts 1Q Gross Profit Margin Up 32 Basis Points; 02/04/2018 – ADVANCE AUTO PARTS INC – COMPANY REAFFIRMS FULL-YEAR GUIDANCE; 02/04/2018 – Advance Auto Parts CFO Tom Okray to Leave; 22/05/2018 – Advance Auto Parts Profit Rises; 02/04/2018 – Advance Auto Parts CFO Okray to Leave to Join Another Company; 21/04/2018 – DJ Advance Auto Parts Inc, Inst Holders, 1Q 2018 (AAP); 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plaintiff Deadline of April 9, 2018 (AAP); 02/04/2018 – ADVANCE AUTO PARTS INC – TOM OKRAY HAS DECIDED TO LEAVE ORGANIZATION, EFFECTIVE APRIL 15, 2018

Investors sentiment decreased to 0.86 in 2018 Q4. Its down 0.19, from 1.05 in 2018Q3. It worsened, as 51 investors sold JNJ shares while 851 reduced holdings. 145 funds opened positions while 631 raised stakes. 1.79 billion shares or 5.17% more from 1.70 billion shares in 2018Q3 were reported. Taurus Asset Limited Liability Co invested 1.41% of its portfolio in Johnson & Johnson (NYSE:JNJ). Northwestern Mutual Wealth Mgmt holds 0.29% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 453,951 shares. Alpine Woods Capital Ltd Com accumulated 3.16% or 102,156 shares. Adirondack Rech And Mgmt Incorporated reported 0.13% stake. Boston Family Office Ltd Com owns 142,954 shares. Modera Wealth Mgmt Ltd holds 15,495 shares or 0.39% of its portfolio. Ironwood Fin Ltd accumulated 369 shares or 0.03% of the stock. The Pennsylvania-based Private Wealth Advisors Inc has invested 1.9% in Johnson & Johnson (NYSE:JNJ). Agf Investments invested in 0.42% or 275,559 shares. 128,628 are owned by Rwc Asset Mngmt Limited Liability Partnership. Amalgamated Comml Bank holds 1.25% or 343,073 shares in its portfolio. Madison Incorporated holds 1.16% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 444,826 shares. Caisse De Depot Et Placement Du Quebec accumulated 5.45 million shares or 1.92% of the stock. Somerset Trust Company invested in 2.43% or 32,413 shares. First Merchants has 1.35% invested in Johnson & Johnson (NYSE:JNJ).

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on April, 16. They expect $2.10 earnings per share, up 1.94% or $0.04 from last year’s $2.06 per share. JNJ’s profit will be $5.59 billion for 16.19 P/E if the $2.10 EPS becomes a reality. After $1.97 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 6.60% EPS growth.

South State Corp, which manages about $865.42 million US Long portfolio, upped its stake in Jp Morgan Chase & Co (NYSE:JPM) by 14,422 shares to 180,082 shares, valued at $17.36M in 2018Q4, according to the filing. It also increased its holding in Berkshire Hathaway Inc (BRKB) by 8,332 shares in the quarter, for a total of 79,999 shares, and has risen its stake in Boeing Company (NYSE:BA).

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “J&J: No settlement program for Baby Powder cases – Seeking Alpha” on March 28, 2019, also with their article: “Raymond James Expects Johnson & Johnson’s Growth To Accelerate Into 2020 (NYSE:JNJ) – Benzinga” published on March 25, 2019, Nasdaq.com published: “Forward Guidance Will Make or Break JNJ Earnings – Nasdaq” on April 12, 2019. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Investorplace.com and their article: “3 Consumer Staples Stocks to Trade in 2019 – Investorplace.com” published on March 18, 2019 as well as Seekingalpha.com‘s news article titled: “J&J baby shampoo samples fail Indian quality test – Seeking Alpha” with publication date: April 01, 2019.

Since November 7, 2018, it had 3 insider buys, and 6 selling transactions for $74.45 million activity. $133,910 worth of Johnson & Johnson (NYSE:JNJ) shares were bought by PEREZ WILLIAM D. $536,638 worth of Johnson & Johnson (NYSE:JNJ) was sold by Kapusta Ronald A on Thursday, December 13. The insider PRINCE CHARLES bought $268,731. Duato Joaquin also sold $5.77 million worth of Johnson & Johnson (NYSE:JNJ) shares. On Monday, December 3 Fasolo Peter sold $24.41 million worth of Johnson & Johnson (NYSE:JNJ) or 166,695 shares. Gorsky Alex sold 264,465 shares worth $38.60M.

Investors sentiment decreased to 1.18 in Q4 2018. Its down 0.02, from 1.2 in 2018Q3. It is negative, as 36 investors sold AAP shares while 144 reduced holdings. 67 funds opened positions while 145 raised stakes. 71.89 million shares or 4.22% more from 68.98 million shares in 2018Q3 were reported. Daiwa Grp Incorporated holds 0% or 2,867 shares. Moreover, Fincl Bank Of Nova Scotia has 0.01% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 15,611 shares. 23,675 were reported by Selway Asset Mngmt. Cap Fund Mngmt invested 0.01% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Diversified reported 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). State Board Of Administration Of Florida Retirement Systems has 0.05% invested in Advance Auto Parts, Inc. (NYSE:AAP). North Carolina-based Sheets Smith Wealth Mgmt has invested 0.1% in Advance Auto Parts, Inc. (NYSE:AAP). Nuveen Asset Mngmt Limited Liability Corporation owns 13,773 shares. Braun Stacey Assocs Inc accumulated 55,621 shares. Hsbc Hldg Public Limited Company reported 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Gradient Limited Liability Corp has 23 shares for 0% of their portfolio. Mason Street Limited Liability has invested 0.04% in Advance Auto Parts, Inc. (NYSE:AAP). Automobile Association owns 195,415 shares or 0.09% of their US portfolio. Dimensional Fund Advsr Limited Partnership reported 718,023 shares or 0.05% of all its holdings. Richmond Hill Investment Com LP stated it has 31,356 shares.

Since November 16, 2018, it had 0 insider purchases, and 1 sale for $186,066 activity.

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on May, 28. They expect $2.36 EPS, up 12.38% or $0.26 from last year’s $2.1 per share. AAP’s profit will be $168.18M for 19.08 P/E if the $2.36 EPS becomes a reality. After $1.17 actual EPS reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts 101.71% EPS growth.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Investorplace.com which released: “AutoZone Stock Needs Preventative Maintenance, Not More Stock Buybacks – Investorplace.com” on March 25, 2019, also with their article: “Sell-Side Raise AutoZone Price Targets Following Big Earnings Beat (NYSE:AZO) – Benzinga” published on February 27, 2019, Seekingalpha.com published: “Picking An Auto Part For Safety – Seeking Alpha” on March 26, 2019. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: Seekingalpha.com and their article: “Sell Advance Auto Parts Before It Is Too Late – Seeking Alpha” published on January 24, 2019 as well as Investorplace.com‘s news article titled: “The Massive Growth in AAP Stock Could Stall Out – Investorplace.com” with publication date: November 08, 2018.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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