Moody Lynn & Lieberson LLC Buys 5,413 Shares of Johnson & Johnson $JNJ

Moody Lynn & Lieberson LLC increased its position in shares of Johnson & Johnson (NYSE:JNJFree Report) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,334 shares of the company’s stock after acquiring an additional 5,413 shares during the quarter. Johnson & Johnson comprises approximately 1.3% of Moody Lynn & Lieberson LLC’s investment portfolio, making the stock its 21st biggest holding. Moody Lynn & Lieberson LLC’s holdings in Johnson & Johnson were worth $25,317,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNJ. Fifth Third Wealth Advisors LLC increased its position in shares of Johnson & Johnson by 5.2% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 39,618 shares of the company’s stock valued at $8,199,000 after buying an additional 1,949 shares in the last quarter. Archford Capital Strategies LLC increased its stake in Johnson & Johnson by 85.7% during the 4th quarter. Archford Capital Strategies LLC now owns 25,023 shares of the company’s stock worth $5,178,000 after purchasing an additional 11,548 shares in the last quarter. Shrier Wealth Management LLC bought a new position in Johnson & Johnson in the fourth quarter valued at approximately $2,579,000. Parkwoods Wealth Partners LLC increased its position in shares of Johnson & Johnson by 16.0% during the fourth quarter. Parkwoods Wealth Partners LLC now owns 1,941 shares of the company’s stock worth $402,000 after acquiring an additional 268 shares in the last quarter. Finally, Strategic Point Investment Advisors LLC acquired a new position in Johnson & Johnson in the 4th quarter worth $223,000. 69.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on JNJ shares. HSBC upped their price objective on Johnson & Johnson from $265.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, March 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson & Johnson in a research report on Wednesday, January 28th. Wells Fargo & Company boosted their price target on shares of Johnson & Johnson from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Stifel Nicolaus lifted their target price on Johnson & Johnson from $205.00 to $220.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Finally, Argus boosted their price target on Johnson & Johnson from $210.00 to $240.00 in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Johnson & Johnson presently has an average rating of “Moderate Buy” and an average target price of $236.91.

View Our Latest Stock Analysis on Johnson & Johnson

Johnson & Johnson Trading Down 0.5%

Shares of Johnson & Johnson stock opened at $242.93 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.03 and a quick ratio of 0.77. The business has a fifty day simple moving average of $239.41 and a two-hundred day simple moving average of $212.30. Johnson & Johnson has a 1 year low of $141.50 and a 1 year high of $251.71. The company has a market capitalization of $585.11 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 2.42 and a beta of 0.34.

Johnson & Johnson (NYSE:JNJGet Free Report) last posted its earnings results on Saturday, January 31st. The company reported $2.46 earnings per share (EPS) for the quarter. Johnson & Johnson had a net margin of 28.46% and a return on equity of 33.04%. The company had revenue of $24.28 billion during the quarter. Research analysts forecast that Johnson & Johnson will post 10.58 EPS for the current year.

Trending Headlines about Johnson & Johnson

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Insider Buying and Selling

In related news, EVP Vanessa Broadhurst sold 6,197 shares of Johnson & Johnson stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $243.39, for a total transaction of $1,508,287.83. Following the completion of the sale, the executive vice president directly owned 23,003 shares of the company’s stock, valued at approximately $5,598,700.17. This trade represents a 21.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy Schmid sold 22,623 shares of Johnson & Johnson stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $244.33, for a total value of $5,527,477.59. Following the sale, the executive vice president directly owned 26,769 shares of the company’s stock, valued at $6,540,469.77. This represents a 45.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 30,142 shares of company stock worth $7,360,528. 0.16% of the stock is owned by corporate insiders.

Johnson & Johnson Company Profile

(Free Report)

Johnson & Johnson is a multinational healthcare company headquartered in New Brunswick, New Jersey, that develops, manufactures and markets a broad range of products across pharmaceuticals, medical devices and previously consumer health. Founded in 1886 by the Johnson family, the company has grown into a global healthcare organization with operations and sales in many countries around the world.

The company’s pharmaceuticals business, organized largely under its Janssen research and development organization, focuses on prescription medicines across therapeutic areas such as immunology, infectious disease, oncology and neuroscience.

Further Reading

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Institutional Ownership by Quarter for Johnson & Johnson (NYSE:JNJ)

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