As Johnson & Johnson (JNJ) Stock Value Rose, Holder Longer Investments Decreased Holding; Charter Communications (CHTR) Holder Covey Capital Advisors Has Boosted Its Stake

Johnson & Johnson (NYSE:JNJ) Logo

Longer Investments Inc decreased its stake in Johnson & Johnson (JNJ) by 23.35% based on its latest 2018Q3 regulatory filing with the SEC. Longer Investments Inc sold 5,346 shares as the company’s stock rose 5.87% while stock markets declined. The institutional investor held 17,552 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $2.43M, down from 22,898 at the end of the previous reported quarter. Longer Investments Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $347.99B market cap company. The stock increased 0.03% or $0.04 during the last trading session, reaching $129.75. About 5.30M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 3.75% since January 12, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical JNJ News: 11/04/2018 – J&J, Imerys Ordered to Pay Punitive $80 Million in Talc Case; 21/05/2018 – J J EXPORTERS LTD JJEX.BO SAYS CO TO CONSIDER WINDING UP OF CO; 22/03/2018 – Global Low Temperature Sterilization Market Analysis & Outlook 2018-2022 Featuring Johnson & Johnson, 3M, Getinge and Steris – ResearchAndMarkets.com; 27/03/2018 – FDA: Johnson & Johnson Vision Care, Inc.- ACUVUE ADVANCE Brand Contact Lenses with HYDRACLEAR; 16/05/2018 – #ASCO18 $JNJ FGFRi erdafitinib very nice data in FGFRalt bladder cancer -; 02/04/2018 – J J EXPORTERS LTD JJEX.BO – APPROVAL OF RESIGNATION LETTER FROM S N JHUNJHUNWALA, EXECUTIVE CHAIRMAN; 15/05/2018 – Polar Capital Adds Intel, Exits J&J, Cuts Validus: 13F; 23/03/2018 – Inside J&J’s Effort to Cut Costs and Drive Integration at Ad Firms WPP and Omnicom; 04/04/2018 – J&J Jury Set to Weigh Banker’s Claims Baby Powder Caused Cancer; 09/04/2018 – J&J Faces Talc Penalty in Continuing Legal Case (Corret)

Covey Capital Advisors Llc increased its stake in Charter Communications Inc (CHTR) by 16.25% based on its latest 2018Q3 regulatory filing with the SEC. Covey Capital Advisors Llc bought 1,485 shares as the company’s stock rose 1.73% while stock markets declined. The institutional investor held 10,622 shares of the consumer services company at the end of 2018Q3, valued at $3.46 million, up from 9,137 at the end of the previous reported quarter. Covey Capital Advisors Llc who had been investing in Charter Communications Inc for a number of months, seems to be bullish on the $76.74 billion market cap company. The stock increased 0.64% or $1.87 during the last trading session, reaching $294.54. About 706,791 shares traded. Charter Communications, Inc. (NASDAQ:CHTR) has declined 2.95% since January 12, 2018 and is downtrending. It has underperformed by 2.95% the S&P500. Some Historical CHTR News: 25/04/2018 – Rep. Thompson: Thompson, Langevin Introduce Bill to Modernize National FFA Organization’s Charter; 25/04/2018 – NYC DOT: Charter Commission Public Hearing Apr 30, 6pm to 7pm; 09/04/2018 – DSP: WEIC Charter and District Collaboration Committee (Updated); 25/04/2018 – Rhode Island DoA: Scituate Charter Commission Wed, 4/25/2018, 7:30 PM; 09/04/2018 – Caterpillar: Group President Rob Charter to Retire; 07/05/2018 – Charter and CBS Corp Announce Multi-Yr Content Carriage Agreement; 30/04/2018 – CHARTER HALL SEES FY18 DISTRIBUTION RATIO WITHIN 85%-95% RANGE; 28/03/2018 – Minnesota DoE: Charter School Finance Training, August 7 webinar; 18/04/2018 – CHARTER HALL LONG WALE REIT – NEW SWAP INCREASES REIT’S OVERALL PRO-FORMA HEDGING POSITION TO 75% AND WILL NOT IMPACT REIT’S FY18 EPS GUIDANCE; 20/04/2018 – Comcast and Charter Announce Mobile Operating Platform Partnership

Among 25 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 4 Sell and 9 Hold. Therefore 48% are positive. Johnson & Johnson had 110 analyst reports since August 7, 2015 according to SRatingsIntel. Wells Fargo maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, October 18 with “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Thursday, August 31 by UBS. On Wednesday, October 17 the stock rating was maintained by Credit Suisse with “Outperform”. On Tuesday, June 13 the stock rating was maintained by Cowen & Co with “Buy”. Raymond James maintained the stock with “Outperform” rating in Wednesday, October 17 report. The firm has “Neutral” rating given on Wednesday, January 2 by Citigroup. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, March 15. Jefferies has “Hold” rating and $99 target. The firm has “Buy” rating given on Wednesday, April 18 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, October 18 by RBC Capital Markets. The stock has “Buy” rating by Wells Fargo on Friday, January 12.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 22 before the open. They expect $1.95 earnings per share, up 12.07% or $0.21 from last year’s $1.74 per share. JNJ’s profit will be $5.23B for 16.63 P/E if the $1.95 EPS becomes a reality. After $2.05 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

Since August 27, 2018, it had 3 buys, and 8 selling transactions for $79.44 million activity. Kapusta Ronald A sold $536,638 worth of Johnson & Johnson (NYSE:JNJ) on Thursday, December 13. The insider Duato Joaquin sold $5.77M. On Friday, November 23 Sneed Michael E sold $4.41 million worth of Johnson & Johnson (NYSE:JNJ) or 30,943 shares. Gorsky Alex had sold 264,465 shares worth $38.60 million. PEREZ WILLIAM D also bought $133,910 worth of Johnson & Johnson (NYSE:JNJ) shares. Fasolo Peter sold $24.41 million worth of Johnson & Johnson (NYSE:JNJ) on Monday, December 3.

Investors sentiment increased to 1.05 in Q3 2018. Its up 0.08, from 0.97 in 2018Q2. It improved, as 43 investors sold JNJ shares while 748 reduced holdings. 115 funds opened positions while 719 raised stakes. 1.70 billion shares or 7.91% less from 1.84 billion shares in 2018Q2 were reported. Brookstone Cap Mgmt has 23,783 shares for 0.25% of their portfolio. Ironwood Inv Counsel Limited Co stated it has 3.42% in Johnson & Johnson (NYSE:JNJ). Farr Miller And Washington Llc Dc stated it has 306,793 shares or 3.59% of all its holdings. Shine Advisory Incorporated holds 0.14% or 1,892 shares. Horan Cap Advisors Limited Liability Corp has 1.52% invested in Johnson & Johnson (NYSE:JNJ) for 17,121 shares. Ipswich Investment Mngmt Communication accumulated 62,518 shares or 2.92% of the stock. Sigma Planning invested 0.69% in Johnson & Johnson (NYSE:JNJ). Rodgers Brothers holds 2.76% or 69,428 shares. The Maryland-based Montgomery Management has invested 1.67% in Johnson & Johnson (NYSE:JNJ). Brave Asset Management owns 1.11% invested in Johnson & Johnson (NYSE:JNJ) for 15,703 shares. Maverick Limited holds 0.09% or 53,950 shares. 180,089 are owned by Covington Mngmt. Smithfield holds 1.2% or 80,351 shares in its portfolio. Johnson Counsel has invested 0.71% in Johnson & Johnson (NYSE:JNJ). Hightower Advsrs Limited Liability stated it has 1.28% of its portfolio in Johnson & Johnson (NYSE:JNJ).

Longer Investments Inc, which manages about $167.11M and $103.86M US Long portfolio, upped its stake in Ishares Nasdaq Biotechnology (IBB) by 8,603 shares to 23,637 shares, valued at $2.88M in 2018Q3, according to the filing.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Sell-siders defend Johnson & Johnson – Seeking Alpha” on December 14, 2018, also Seekingalpha.com with their article: “Lawsuit Protection For Johnson & Johnson – Seeking Alpha” published on December 17, 2018, Investorplace.com published: “4 Top Stock Trades for Monday: GE, TSLA, Gold, JNJ – Investorplace.com” on December 28, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Indian drug inspectors seize J&J baby powder – Seeking Alpha” published on December 19, 2018 as well as Livetradingnews.com‘s news article titled: “Johnson & Johnson (NYSE:JNJ) 2019 – Live Trading News” with publication date: January 02, 2019.

Among 31 analysts covering Charter Comm (NASDAQ:CHTR), 21 have Buy rating, 1 Sell and 9 Hold. Therefore 68% are positive. Charter Comm had 77 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Wednesday, May 18 report. The stock of Charter Communications, Inc. (NASDAQ:CHTR) earned “Outperform” rating by Telsey Advisory Group on Monday, November 2. On Monday, October 29 the stock rating was maintained by SunTrust with “Buy”. The firm earned “Buy” rating on Monday, September 26 by Pivotal Research. The stock has “Buy” rating by Guggenheim on Wednesday, January 3. The firm earned “Buy” rating on Monday, April 30 by Wells Fargo. The rating was maintained by Robert W. Baird on Monday, April 2 with “Hold”. The firm has “Underweight” rating by Barclays Capital given on Monday, December 4. The rating was maintained by Wunderlich with “Buy” on Monday, June 20. The firm has “Outperform” rating by Telsey Advisory Group given on Monday, October 10.

Investors sentiment decreased to 0.67 in 2018 Q3. Its down 3.33, from 4 in 2018Q2. It fall, as 1 investors sold CHTR shares while 2 reduced holdings. 1 funds opened positions while 1 raised stakes. 81,249 shares or 56.05% less from 184,870 shares in 2018Q2 were reported. Covey Limited Liability Corporation stated it has 4.44% in Charter Communications, Inc. (NASDAQ:CHTR). Selkirk Mgmt Ltd Liability Corporation reported 6.23% of its portfolio in Charter Communications, Inc. (NASDAQ:CHTR). Eidelman Virant Capital reported 0.64% in Charter Communications, Inc. (NASDAQ:CHTR). Cibc World has 29,127 shares for 0.08% of their portfolio.

More notable recent Charter Communications, Inc. (NASDAQ:CHTR) news were published by: Fool.com which released: “How Charter’s Strategy Differs From Other Cable Companies – The Motley Fool” on December 08, 2018, also Bizjournals.com with their article: “Tribune and Charter reach deal, ending 8-day spat – Chicago Business Journal” published on January 11, 2019, Nasdaq.com published: “Charter Communications (CHTR) Q4 Earnings: What’s in Store? – Nasdaq” on January 29, 2018. More interesting news about Charter Communications, Inc. (NASDAQ:CHTR) were released by: Seekingalpha.com and their article: “Charter dips as NY State revokes TWC merger approval – Seeking Alpha” published on July 27, 2018 as well as Nasdaq.com‘s news article titled: “Charter Communications (CHTR) Q3 Earnings Top Estimates – Nasdaq” with publication date: October 26, 2018.

Since October 31, 2018, it had 0 insider purchases, and 1 sale for $46.69 million activity.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart