Adviser Investments LLC increased its holdings in Johnson & Johnson (NYSE: JNJ) by 11.5% during the third quarter, according to the company’s most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,068 shares of the company’s stock after purchasing an additional 2,890 shares during the quarter. Adviser Investments LLC’s holdings in Johnson & Johnson were worth $ 3,649,000 as part of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of JNJ. Harding Loevner LP bought a new stake in Johnson & Johnson in the 2nd quarter worth $ 106,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of Johnson & Johnson by 29.9% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 870 shares of the company’s stock at $ 115,000 after purchasing an additional 200 shares in the last quarter. Lenox Wealth Advisors Inc. boosted its stake in shares of Johnson & Johnson by 0.6% during the 2nd quarter. Lenox Wealth Advisors Inc. now owns 876 shares of the company’s stock at $ 116,000 after purchasing an additional 5 shares in the last quarter. Mountain Capital Investment Advisors Inc. bought a new stake in shares of Johnson & Johnson during the second quarter at $ 124,000. Finally, Shine Investment Advisory Services Inc. bought a new stake in Johnson & Johnson’s shares during the second quarter at $ 177,000. Institutional investors own 65.70% of the company’s stock.
Johnson & Johnson ( NYSE JNJ ) opened at $ 145.76 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.32 and a debt-to-equity ratio of 0.36. The stock has a market cap of $ 391,590.00, a PE ratio of 25.31, a price-to-earnings-growth ratio of 2.73 and a beta of 0.80. Johnson & Johnson has a low month of $ 110.76 and a high month of $ 146.42.
Johnson & Johnson (NYSE: JNJ) last issued its earnings on Tuesday, October 17th. The company reported $ 1.90 per share for the quarter, topping the consensus estimate of $ 1.80 by $ 0.10. The business had revenue of $ 19.65 billion during the quarter, compared to analysts’ expectations of $ 19.29 billion. Johnson & Johnson had a net margin of 21.28% and a return on equity of 27.38%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period, the company earned $ 1.68 per share. sell-side analysts predict that Johnson & Johnson will post 7.28 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 27th will be issued at $ 0.84 dividend. The ex-dividend date of this dividend is Monday, February 26th. This represents a $ 3.36 annualized dividend and a yield of 2.31%. Johnson & Johnson’s dividend payout ratio (DPR) is presently 58.33%.
JNJ has been the topic of a number of research reports. Vetr reduced shares of Johnson & Johnson from a “hold” rating to a “sell” rating of $ 130.49 target price on the stock. in a research note on Monday, September 18th. Goldman Sachs Group of Johnson & Johnson from a “neutral” rating to a “sell” rating and lifted their target price for the company from $ 125.00 to $ 130.00 in a research note on Wednesday, September 20th. Citigroup initiated coverage on Johnson & Johnson shares in a research note on Monday, September 25th. They set a “neutral” rating and a $ 140.00 target price on the stock. Zacks Investment Research Johnson & Johnson shares a rating on a Wednesday, September 27th. Finally, UBS Group reissued a “buy” rating and set a $ 148.00. Four research analysts have rated the value of a given rating and have had a hold on the stock. The stock currently has an average rating of “Hold” and an average price target of $ 145.94.
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Johnson & Johnson Company Profile
Johnson & Johnson is a holding company, which is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. It operates through three segments: Consumer, Pharmaceutical and Medical Devices. Its primary focus is related to human health and well-being.
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