Johnson & Johnson (JNJ) Holder Nepsis Capital Management Cut Position by $693,680; Carrols Restaurant Group (TAST) Stock Declined While Gruss & Co Lowered Stake by $400,000

January 23, 2018 - By Maria Brooks

Nepsis Capital Management Inc decreased its stake in Johnson & Johnson (JNJ) by 9.78% based on its latest 2017Q3 regulatory filing with the SEC. Nepsis Capital Management Inc sold 5,336 shares as the company’s stock rose 6.85% with the market. The institutional investor held 49,203 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $6.40 million, down from 54,539 at the end of the previous reported quarter. Nepsis Capital Management Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $381.46 billion market cap company. The stock decreased 4.15% or $6.15 during the last trading session, reaching $141.99. About 8.43M shares traded or 52.09% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 23, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Gruss & Co Inc decreased its stake in Carrols Restaurant Group Inc (TAST) by 50.82% based on its latest 2017Q3 regulatory filing with the SEC. Gruss & Co Inc sold 40,000 shares as the company’s stock declined 24.32% while stock markets rallied. The institutional investor held 38,709 shares of the consumer services company at the end of 2017Q3, valued at $422,000, down from 78,709 at the end of the previous reported quarter. Gruss & Co Inc who had been investing in Carrols Restaurant Group Inc for a number of months, seems to be less bullish one the $468.60M market cap company. The stock decreased 0.94% or $0.125 during the last trading session, reaching $13.225. About 39,311 shares traded. Carrols Restaurant Group, Inc. (NASDAQ:TAST) has risen 0.56% since January 23, 2017 and is uptrending. It has underperformed by 16.14% the S&P500.

Investors sentiment is 0.83 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. 1.71 billion shares or 0.90% less from 1.73 billion shares in 2017Q2 were reported. Argent Cap Lc holds 0.9% in Johnson & Johnson (NYSE:JNJ) or 179,067 shares. Wealthtrust accumulated 0.28% or 4,272 shares. Veritas Mngmt (Uk) Ltd reported 0.13% in Johnson & Johnson (NYSE:JNJ). Mai Capital Mngmt accumulated 1.19% or 150,889 shares. State Of Wisconsin Inv Board accumulated 3.25M shares. Cincinnati Casualty owns 25,000 shares for 2.79% of their portfolio. Osher Van De Voorde Mngmt holds 4.28% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 62,072 shares. Cap Counsel Limited Liability Ny holds 5.12% or 439,678 shares in its portfolio. Tirschwell And Loewy Inc holds 199,183 shares or 3.92% of its portfolio. Legg Mason Asset (Japan) Ltd reported 28,600 shares. Quantum Capital Limited Liability Company Nj has invested 0.01% in Johnson & Johnson (NYSE:JNJ). Park National Oh owns 2.64% invested in Johnson & Johnson (NYSE:JNJ) for 354,400 shares. Novare Cap Limited Liability Company reported 84,642 shares. Arete Wealth Advisors Ltd Limited Liability Company reported 7,013 shares. Laffer owns 6,086 shares.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 86 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Wednesday, October 14 by S&P Research. The stock has “Buy” rating by Wells Fargo on Monday, October 9. The firm has “Sell” rating by Atlantic Securities given on Friday, July 21. RBC Capital Markets maintained the shares of JNJ in report on Friday, September 22 with “Buy” rating. Morgan Stanley maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, October 18. Morgan Stanley has “Equal-Weight” rating and $145 target. The firm has “Buy” rating given on Friday, June 2 by BMO Capital Markets. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, July 20. The firm earned “Buy” rating on Monday, July 10 by RBC Capital Markets. The rating was downgraded by Alembic to “Underweight” on Friday, July 21. The rating was maintained by Cowen & Co on Thursday, August 24 with “Buy”.

Nepsis Capital Management Inc, which manages about $214.00 million and $193.71M US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 120,295 shares to 152,541 shares, valued at $7.38 million in 2017Q3, according to the filing. It also increased its holding in Renaissancere Holdings Ltd (NYSE:RNR) by 13,297 shares in the quarter, for a total of 58,577 shares, and has risen its stake in Rio Tinto Plc (NYSE:RIO).

Among 2 analysts covering Carrols Restaurant Group (NASDAQ:TAST), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Carrols Restaurant Group had 3 analyst reports since January 29, 2016 according to SRatingsIntel. The rating was downgraded by Raymond James to “Outperform” on Tuesday, September 26. Citigroup maintained Carrols Restaurant Group, Inc. (NASDAQ:TAST) on Monday, November 20 with “Buy” rating.

Since December 14, 2017, it had 0 insider purchases, and 1 sale for $32,000 activity.

Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.42, from 1.53 in 2017Q2. It dropped, as 13 investors sold TAST shares while 32 reduced holdings. 16 funds opened positions while 34 raised stakes. 30.47 million shares or 1.11% more from 30.14 million shares in 2017Q2 were reported. Victory Capital Management Inc holds 0% of its portfolio in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 172,551 shares. Guggenheim Lc reported 99,439 shares. California-based Menta Cap Lc has invested 0.18% in Carrols Restaurant Group, Inc. (NASDAQ:TAST). Bancorp Of New York Mellon has invested 0% in Carrols Restaurant Group, Inc. (NASDAQ:TAST). State Street holds 651,833 shares or 0% of its portfolio. Invesco owns 39,825 shares. Moreover, Citigroup Inc has 0% invested in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 53,544 shares. Us Bank De holds 0% of its portfolio in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 4,736 shares. Portolan Capital Mgmt Ltd invested 0.07% of its portfolio in Carrols Restaurant Group, Inc. (NASDAQ:TAST). Millennium Ltd holds 0% or 126,336 shares in its portfolio. 19,880 are owned by Markston Ltd Co. Bnp Paribas Arbitrage Sa reported 6,746 shares. The Ontario – Canada-based Royal Bancorp Of Canada has invested 0% in Carrols Restaurant Group, Inc. (NASDAQ:TAST). Raymond James Assoc invested in 0% or 103,367 shares. Loomis Sayles & Lp holds 514,642 shares.

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