Principal Financial Group Increased By $173.00 Million Its Johnson & Johnson (JNJ) Holding; Euronav NV (EURN) Shorts Decreased By 12.57%

November 14, 2017 - By Dolores Ford

Principal Financial Group Inc increased Johnson & Johnson (JNJ) stake by 29.13% reported in 2017Q2 SEC filing. Principal Financial Group Inc acquired 1.31M shares as Johnson & Johnson (JNJ)’s stock rose

6.85%. The Principal Financial Group Inc holds 5.81M shares with $768.51 million value, up from 4.50M last quarter. Johnson & Johnson now has $375.41 billion valuation. The stock declined 0.01% or $0.02 reaching $139.74 on the news. About 130,659 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since November 14, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Euronav NV (NYSE:EURN) had a decrease of 12.57% in short interest. EURN’s SI was 3.89 million shares in November as released by FINRA. Its down 12.57% from 4.45 million shares previously. With 337,700 avg volume, 12 days are for Euronav NV (NYSE:EURN)’s short sellers to cover EURN’s short positions. The SI to Euronav NV’s float is 3.04%. About 27,649 shares traded. Euronav NV Ordinary Shares (NYSE:EURN) has declined 18.81% since November 14, 2016 and is downtrending. It has underperformed by 35.51% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.03, from 0.86 in 2017Q1. It dropped, as 50 investors sold JNJ shares while 878 reduced holdings. 105 funds opened positions while 667 raised stakes. 1.73 billion shares or 0.03% less from 1.73 billion shares in 2017Q1 were reported. Quebec – Canada-based Addenda Capital has invested 0.61% in Johnson & Johnson (NYSE:JNJ). Asset Management invested 1.09% of its portfolio in Johnson & Johnson (NYSE:JNJ). Sadoff Inv Mgmt Ltd Liability Corporation owns 0.15% invested in Johnson & Johnson (NYSE:JNJ) for 12,014 shares. Smith Asset Gru LP has invested 0% of its portfolio in Johnson & Johnson (NYSE:JNJ). Gemmer Asset Mgmt Ltd Liability Corp accumulated 10,246 shares or 0.57% of the stock. Sva Plumb Wealth Management Limited Com has 1.68% invested in Johnson & Johnson (NYSE:JNJ) for 98,180 shares. Aberdeen Asset Management Public Limited Company Uk accumulated 3.74M shares. Wells Fargo Company Mn reported 22.62 million shares. Central Securities Corporation has 2.01% invested in Johnson & Johnson (NYSE:JNJ). Fjarde Ap reported 627,126 shares stake. Farmers & Merchants Invests stated it has 145,340 shares or 1.6% of all its holdings. Shapiro Capital Mgmt Ltd Llc has invested 0% of its portfolio in Johnson & Johnson (NYSE:JNJ). Whitnell & Company holds 1.63% in Johnson & Johnson (NYSE:JNJ) or 27,815 shares. Jefferies Lc holds 203,872 shares or 0.18% of its portfolio. Retail Bank Of Nova Scotia Trust Com, a Ontario – Canada-based fund reported 90,783 shares.

Principal Financial Group Inc decreased Getty Rlty Corp New (NYSE:GTY) stake by 22,911 shares to 205,327 valued at $5.15M in 2017Q2. It also reduced Emergent Biosolutions Inc (NYSE:EBS) stake by 12,239 shares and now owns 265,531 shares. Foundation Bldg Matls Inc was reduced too.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 13 have Buy rating, 5 Sell and 5 Hold. Therefore 57% are positive. Johnson & Johnson had 83 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of JNJ in report on Monday, July 10 with “Buy” rating. The firm earned “Buy” rating on Friday, October 6 by Cowen & Co. The firm has “Outperform” rating given on Wednesday, January 25 by RBC Capital Markets. As per Wednesday, April 20, the company rating was maintained by Goldman Sachs. As per Friday, July 21, the company rating was downgraded by BTIG Research. The rating was maintained by Jefferies on Thursday, August 4 with “Hold”. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, September 29. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Wednesday, October 14 by S&P Research. The firm has “Hold” rating given on Tuesday, September 13 by Jefferies. The firm has “Buy” rating given on Friday, September 22 by RBC Capital Markets.


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