Amalgamated Bank Has Decreased Exxon Mobil (XOM) Position as Shares Declined; Hendley & Co Has Upped Its Position in Johnson & Johnson (JNJ) by $418,560

June 14, 2018 - By wolcottdaily

Johnson & Johnson (NYSE:JNJ) Logo

Hendley & Co Inc increased its stake in Johnson & Johnson (JNJ) by 5.46% based on its latest 2018Q1 regulatory filing with the SEC. Hendley & Co Inc bought 3,270 shares as the company’s stock declined 8.03% with the market. The institutional investor held 63,209 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $8.10 million, up from 59,939 at the end of the previous reported quarter. Hendley & Co Inc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $328.22 billion market cap company. The stock decreased 0.21% or $0.26 during the last trading session, reaching $122.37. About 3.20 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 14, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 17/04/2018 – J&J – PLANS TO IMPLEMENT ACTIONS ACROSS ITS GLOBAL SUPPLY CHAIN; 17/04/2018 – Mackenzie Ivy Canadian Adds Telus, Cuts J&J; 17/04/2018 – J&J – QTRLY WORLDWIDE ZYTIGA SALES $845 MLN VS $523 MLN REPORTED LAST YR; 11/05/2018 – Natrecor (Nesiritide; Johnson & Johnson) Drug Outlook to 2025 – ResearchAndMarkets.com; 06/04/2018 – New York Post: Couple suing Johnson & Johnson over talcum powder wins $37M; 16/04/2018 – Bristol-Myers invites J&J into an alliance of giants on cardio drug development/commercialization program $BMY $JNJ; 10/04/2018 – U.S. FDA SAYS GRANTED CLEARANCE OF THE ACUVUE OASYS CONTACT LENSES WITH TRANSITIONS LIGHT INTELLIGENT TECHNOLOGY TO JOHNSON & JOHNSON VISION CARE INC; 29/03/2018 – Sell-side line of the day “Celltrion could be the next $JNJ in the next decade” ������������; 17/04/2018 – J&J QTRLY WORLDWIDE INVOKANA/INVOKAMET SALES $248 MLN VS $284 MLN REPORTED LAST YR; 17/04/2018 – J&J – FIRST-QUARTER NET EARNINGS ALSO INCLUDED CHARGE FOR AFTER-TAX SPECIAL ITEMS OF APPROXIMATELY $0.3 BLN

Amalgamated Bank decreased its stake in Exxon Mobil Corp (XOM) by 1.61% based on its latest 2018Q1 regulatory filing with the SEC. Amalgamated Bank sold 8,057 shares as the company’s stock declined 0.16% with the market. The institutional investor held 493,909 shares of the integrated oil company at the end of 2018Q1, valued at $36.85 million, down from 501,966 at the end of the previous reported quarter. Amalgamated Bank who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $347.05 billion market cap company. The stock increased 0.56% or $0.46 during the last trading session, reaching $81.97. About 6.60M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 14, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 20/03/2018 – BRAZIL’S COSAN INDUSTRIA E COMERCIO SIGNS 20-YEAR AGREEMENT WITH EXXONMOBIL FOR PRODUCTION AND DISTRIBUTION OF MOBIL LUBRICANT PRODUCTS IN BRAZIL, BOLIVIA, PARAGUAY, AND URUGUAY -FILING; 15/03/2018 – ExxonMobil Senior Vice President Mark Albers to Retire; 29/03/2018 – Qatar Petroleum wins exploration bids in 4 blocks offshore Brazil; 04/05/2018 – Exxon Baton Rouge refinery CDU may be shut 1-2 weeks; 20/03/2018 – Exxon Mobil Final Investment Decision Could Come Later This Yr; 13/04/2018 – MA AG: COURT AFFIRMS OFFICE AUTHORITY TO INVESTIGATE XOM; 29/03/2018 – PETROBRAS, QPI AND EXXON WIN BLOCK IN CAMPOS BASIN IN BRAZIL OIL AUCTION; 23/05/2018 – Exxon Mobil to Improve Energy Efficiency in Refining, Chemical Manufacturing; 17/04/2018 – IMPERIAL OIL RESOURCES, EXXONMOBIL CANADA INITIATED PROCESS FOR MONETIZATION OF HORN RIVER ASSETS; 28/03/2018 – Oil Titans From Exxon to BP Seen Boosting Deepwater Drilling

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Livetradingnews.com which released: “Johnson & Johnson (NYSE:JNJ) Stock Worth Watching” on June 04, 2018, also Seekingalpha.com with their article: “Recent Purchase: Johnson & Johnson” published on June 14, 2018, Fool.com published: “Better Buy: Verizon Communications Inc. vs. Johnson & Johnson” on June 11, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Johnson & Johnson (JNJ) Presents at Goldman Sachs 39th Annual Global Healthcare Conference Call (Transcript)” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “How Do You Feel About Johnson & Johnson?: Part IV – Today’s Editors’ Picks” with publication date: June 01, 2018.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 102 analyst reports since August 7, 2015 according to SRatingsIntel. On Tuesday, November 29 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The stock has “Sell” rating by BTIG Research on Friday, July 21. The firm earned “Equal-Weight” rating on Wednesday, October 18 by Morgan Stanley. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, April 18. The stock has “Hold” rating by Jefferies on Thursday, August 4. Jefferies maintained the shares of JNJ in report on Thursday, July 14 with “Hold” rating. The rating was maintained by BTIG Research with “Sell” on Tuesday, January 23. As per Tuesday, October 17, the company rating was maintained by BMO Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) has “Outperform” rating given on Friday, April 20 by Credit Suisse. The firm has “Buy” rating given on Friday, October 6 by Cowen & Co.

Since February 15, 2018, it had 0 insider buys, and 1 sale for $20.17 million activity.

Investors sentiment increased to 0.93 in 2018 Q1. Its up 0.06, from 0.87 in 2017Q4. It increased, 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. Berson Corrado Inv Advsrs has invested 0.26% in Johnson & Johnson (NYSE:JNJ). Philadelphia Tru Com holds 0.16% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 15,417 shares. Van Cleef Asset Managementinc has invested 2.53% in Johnson & Johnson (NYSE:JNJ). Fundx Investment Group Inc Limited Co invested in 0.17% or 2,556 shares. Fiduciary Fincl Services Of The Southwest Tx stated it has 0.63% of its portfolio in Johnson & Johnson (NYSE:JNJ). Narwhal Mngmt stated it has 1.19% in Johnson & Johnson (NYSE:JNJ). Kcm Invest Advisors Lc reported 264,330 shares. Needelman Asset Mgmt Inc owns 2.85% invested in Johnson & Johnson (NYSE:JNJ) for 10,310 shares. Ht Limited Liability owns 0.46% invested in Johnson & Johnson (NYSE:JNJ) for 8,724 shares. Howard Cap Mngmt holds 1.93% or 103,340 shares in its portfolio. Georgia-based Crawford Counsel has invested 2.28% in Johnson & Johnson (NYSE:JNJ). Cincinnati Ins accumulated 1.01M shares. Amalgamated State Bank has 344,828 shares. Nomura Asset Management Com Limited stated it has 1.47% in Johnson & Johnson (NYSE:JNJ). 2,963 were accumulated by Twin Focus Capital Prns Limited Liability.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.19 earnings per share, up 52.56% or $0.41 from last year’s $0.78 per share. XOM’s profit will be $5.04 billion for 17.22 P/E if the $1.19 EPS becomes a reality. After $1.09 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 9.17% EPS growth.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It is negative, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Moreover, Renaissance Tech Limited Liability has 0.02% invested in Exxon Mobil Corporation (NYSE:XOM) for 211,154 shares. Blue Financial Cap reported 29,857 shares. Warren Averett Asset Llc reported 0.29% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Security Trust Company reported 125,443 shares. Harvest Mgmt Limited Liability Company reported 3,000 shares or 0.11% of all its holdings. Catawba Mngmt Va has invested 0.45% in Exxon Mobil Corporation (NYSE:XOM). Bnp Paribas Asset Sa reported 674,563 shares. Daiwa Grp stated it has 0.12% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Saybrook Capital Nc, North Carolina-based fund reported 111,044 shares. Country Club Trust Co Na accumulated 176,339 shares. Appleton Partners Ma reported 0.75% in Exxon Mobil Corporation (NYSE:XOM). Parametric Associates Ltd Liability holds 0.71% or 9.65 million shares. Banque Pictet & Cie holds 0.22% in Exxon Mobil Corporation (NYSE:XOM) or 142,180 shares. Blue Edge Capital Ltd Liability Com reported 50,101 shares. The Illinois-based Brookstone Capital Management has invested 0.71% in Exxon Mobil Corporation (NYSE:XOM).

Amalgamated Bank, which manages about $3.77B US Long portfolio, upped its stake in Yum Brands Inc. (NYSE:YUM) by 4,824 shares to 49,390 shares, valued at $4.21 million in 2018Q1, according to the filing. It also increased its holding in Sherwin (NYSE:SHW) by 1,182 shares in the quarter, for a total of 12,012 shares, and has risen its stake in Cognizant Technology Solutions Corp (NASDAQ:CTSH).

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Citigroup given on Wednesday, August 19. The firm earned “Buy” rating on Friday, January 19 by Cowen & Co. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Piper Jaffray on Sunday, April 22. HSBC downgraded Exxon Mobil Corporation (NYSE:XOM) on Tuesday, November 7 to “Reduce” rating. The stock has “Hold” rating by Jefferies on Tuesday, August 29. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Equal Weight” rating given on Tuesday, January 12 by Barclays Capital. The rating was upgraded by Bank of America to “Buy” on Thursday, May 11. Jefferies maintained the stock with “Hold” rating in Thursday, July 27 report. The company was maintained on Monday, June 26 by BMO Capital Markets. Nomura initiated the shares of XOM in report on Friday, March 18 with “Reduce” rating.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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