Cincinnati Finl (CINF) Shareholder Morgan Stanley Upped Its Stake by $1.29 Million; Thomaspartners Maintains Position in Johnson & Johnson (JNJ)

June 8, 2018 - By Jonathan Benavides

Cincinnati Financial Corporation (NASDAQ:CINF) Logo

Thomaspartners Inc increased its stake in Johnson & Johnson (JNJ) by 2.24% based on its latest 2018Q1 regulatory filing with the SEC. Thomaspartners Inc bought 68,116 shares as the company’s stock declined 8.03% with the market. The institutional investor held 3.11M shares of the major pharmaceuticals company at the end of 2018Q1, valued at $398.08 million, up from 3.04M at the end of the previous reported quarter. Thomaspartners Inc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $332.75 billion market cap company. The stock increased 0.59% or $0.73 during the last trading session, reaching $124.06. About 6.19 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 8, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 04/04/2018 – J&J Jury Set to Weigh Banker’s Claims Baby Powder Caused Cancer; 06/04/2018 – New York Post: Couple suing Johnson & Johnson over talcum powder wins $37M; 13/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Johnson & Johnson Shareholders and a Lead Plaintiff Deadline of April 9, 2018; 14/03/2018 – South Dakota sues opioid makers as litigation swells; 27/03/2018 – FDA: Johnson & Johnson Consumer, Inc.- COACH® Self-Adhering Sports Wrap (size: 3in); 17/04/2018 – Dominic Caruso Says Johnson & Johnson Is Still Planning for Strong 2018 (Video); 17/04/2018 – J&J SEES FY SALES $81.0B TO $81.8B; 17/04/2018 – Johnson & Johnson Backs 2018 View of Adj EPS $8.00-Adj EPS $8.20; 16/04/2018 – THE JANSSEN PHARMACEUTICAL COMPANIES – ENTERED WORLDWIDE COLLABORATION WITH BRISTOL-MYERS TO DEVELOP, COMMERCIALIZE FACTOR XIA INHIBITORS; 27/03/2018 – Platinum Equity lines up US$1.9bn of debt for J&J diabetes care unit bid

Morgan Stanley increased its stake in Cincinnati Finl Corp (CINF) by 4.73% based on its latest 2018Q1 regulatory filing with the SEC. Morgan Stanley bought 17,442 shares as the company’s stock declined 8.85% with the market. The institutional investor held 385,933 shares of the property-casualty insurers company at the end of 2018Q1, valued at $28.66M, up from 368,491 at the end of the previous reported quarter. Morgan Stanley who had been investing in Cincinnati Finl Corp for a number of months, seems to be bullish on the $11.64B market cap company. The stock increased 0.72% or $0.51 during the last trading session, reaching $71.28. About 500,912 shares traded. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 0.63% since June 8, 2017 and is uptrending. It has underperformed by 11.94% the S&P500.

Among 4 analysts covering Cincinnati Fincl (NASDAQ:CINF), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Cincinnati Fincl had 17 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, October 29 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Thursday, February 8, the company rating was maintained by RBC Capital Markets. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) has “Hold” rating given on Thursday, August 17 by Keefe Bruyette & Woods. The company was maintained on Monday, September 18 by Keefe Bruyette & Woods. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of CINF in report on Monday, July 31 with “Hold” rating. The firm earned “Buy” rating on Thursday, June 9 by M Partners. Keefe Bruyette & Woods maintained the shares of CINF in report on Monday, December 4 with “Hold” rating. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) earned “Buy” rating by M Partners on Wednesday, September 2. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) has “Buy” rating given on Friday, July 15 by M Partners.

Since February 9, 2018, it had 3 buys, and 0 insider sales for $91,865 activity. Shares for $19,983 were bought by Debbink Dirk J. Osborn David P also bought $25,959 worth of Cincinnati Financial Corporation (NASDAQ:CINF) on Monday, May 7.

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.20, from 1.17 in 2017Q4. It is negative, as 28 investors sold CINF shares while 151 reduced holdings. 49 funds opened positions while 124 raised stakes. 101.79 million shares or 0.94% more from 100.84 million shares in 2017Q4 were reported. Us Bancorp De owns 964,448 shares. Livingston Group Incorporated Asset (Operating As Southport Cap Management) invested in 17,411 shares or 0.58% of the stock. Teachers Retirement Of The State Of Kentucky invested in 0.01% or 14,880 shares. Cwm holds 1,024 shares. Moreover, First Tru Advisors Ltd Partnership has 0.07% invested in Cincinnati Financial Corporation (NASDAQ:CINF) for 394,203 shares. 493,512 were reported by Sumitomo Mitsui Tru. Hightower Advsr Limited Co invested in 25,757 shares. Toronto Dominion Bankshares holds 0.01% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF) for 80,897 shares. State Of Wisconsin Investment Board invested 0% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Financial Bank Of America De owns 0.07% invested in Cincinnati Financial Corporation (NASDAQ:CINF) for 5.44 million shares. 256,134 were accumulated by Mariner Wealth Advsrs. 290,711 were accumulated by Barclays Public Limited. Cap Fin Advisers Ltd accumulated 26,963 shares. Regions accumulated 5,226 shares or 0% of the stock. Dubuque Bancorp And stated it has 11 shares.

Morgan Stanley, which manages about $60.09B and $360.30 billion US Long portfolio, decreased its stake in Ishares Inc (ECH) by 39,205 shares to 174,466 shares, valued at $9.25 million in 2018Q1, according to the filing. It also reduced its holding in Scansource Inc (NASDAQ:SCSC) by 56,788 shares in the quarter, leaving it with 90,721 shares, and cut its stake in Select Sector Spdr Tr (XLY).

More recent Cincinnati Financial Corporation (NASDAQ:CINF) news were published by: Livetradingnews.com which released: “Cincinnati Financial Corporation (NASDAQ:CINF) Bearish Trend” on June 01, 2018. Also Seekingalpha.com published the news titled: “Retirement Strategy: I Am Done Being Wrong About This Market” on May 16, 2018. Bizjournals.com‘s news article titled: “Greater Cincinnati company joins 2018 Fortune 500 list (Video)” with publication date: May 21, 2018 was also an interesting one.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 101 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Tuesday, July 18 with “Buy”. The firm has “Buy” rating by Jefferies given on Friday, April 13. The firm has “Equal-Weight” rating given on Wednesday, October 18 by Barclays Capital. The stock of Johnson & Johnson (NYSE:JNJ) earned “Sell” rating by Standpoint Research on Friday, May 20. The stock of Johnson & Johnson (NYSE:JNJ) has “Neutral” rating given on Monday, October 5 by Piper Jaffray. Morgan Stanley maintained it with “Equal-Weight” rating and $143 target in Tuesday, April 10 report. The firm earned “Neutral” rating on Tuesday, January 2 by JP Morgan. The company was maintained on Wednesday, October 18 by Jefferies. The firm has “Overweight” rating by Barclays Capital given on Tuesday, December 1. Credit Suisse maintained the shares of JNJ in report on Friday, April 20 with “Outperform” rating.

Investors sentiment increased to 0.93 in Q1 2018. 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. The Colorado-based Weatherstone Mngmt has invested 0.29% in Johnson & Johnson (NYSE:JNJ). 23,541 were reported by Telos Cap Mngmt Inc. Crawford Invest Counsel reported 2.28% stake. Argi Invest Services Ltd Com invested in 0.1% or 12,692 shares. Suncoast Equity Mngmt reported 3,532 shares. Pictet North America Advisors Sa holds 4,286 shares. The Georgia-based Greatmark Ptnrs Inc has invested 3.31% in Johnson & Johnson (NYSE:JNJ). Kdi Capital Prtn Limited Liability Company owns 81,298 shares or 3.4% of their US portfolio. Steinberg Asset has invested 0.44% of its portfolio in Johnson & Johnson (NYSE:JNJ). Element Cap Management Llc, a New York-based fund reported 297,894 shares. Fuller & Thaler Asset Management owns 0.01% invested in Johnson & Johnson (NYSE:JNJ) for 8,800 shares. Cordasco Fincl Network holds 1.53% in Johnson & Johnson (NYSE:JNJ) or 11,110 shares. Virginia-based Culbertson A N has invested 2.76% in Johnson & Johnson (NYSE:JNJ). Illinois-based Driehaus Limited has invested 0.02% in Johnson & Johnson (NYSE:JNJ). Lynch & Assocs In holds 4.51% in Johnson & Johnson (NYSE:JNJ) or 92,068 shares.

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

Thomaspartners Inc, which manages about $4.24 billion and $13.65 billion US Long portfolio, decreased its stake in Deere & Co (NYSE:DE) by 7,970 shares to 983,560 shares, valued at $152.77M in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (CIU) by 1.58 million shares in the quarter, leaving it with 45,824 shares, and cut its stake in Cisco Sys Inc (NASDAQ:CSCO).

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Fortive buys J&J’s sterilization business for $2.7B” on June 06, 2018, also Finance.Yahoo.com with their article: “3 Dividend Stocks Perfect for Retirees” published on June 08, 2018, Nasdaq.com published: “Better Buy: GlaxoSmithKline plc vs. Johnson & Johnson” on June 08, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Livetradingnews.com and their article: “Johnson & Johnson (NYSE:JNJ) Stock Worth Watching” published on June 04, 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.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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