Spc Financial Has Raised Johnson & Johnson (JNJ) Stake; Tronc (TRNC) Shorts Down By 5.52%

March 23, 2018 - By Vivian Park

Spc Financial Inc increased Johnson & Johnson (JNJ) stake by 208.8% reported in 2017Q3 SEC filing. Spc Financial Inc acquired 7,851 shares as Johnson & Johnson (JNJ)’s stock rose 6.85%. The Spc Financial Inc holds 11,611 shares with $1.51M value, up from 3,760 last quarter. Johnson & Johnson now has $341.72 billion valuation. The stock decreased 0.01% or $0.01 during the last trading session, reaching $127.37. About 756,165 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since March 23, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Tronc Inc (NASDAQ:TRNC) had a decrease of 5.52% in short interest. TRNC’s SI was 491,000 shares in March as released by FINRA. Its down 5.52% from 519,700 shares previously. With 139,700 avg volume, 4 days are for Tronc Inc (NASDAQ:TRNC)’s short sellers to cover TRNC’s short positions. The SI to Tronc Inc’s float is 3.28%. The stock increased 0.44% or $0.07 during the last trading session, reaching $16.11. About 12,539 shares traded. tronc, Inc. (NASDAQ:TRNC) has declined 21.56% since March 23, 2017 and is downtrending. It has underperformed by 38.26% the S&P500.

Spc Financial Inc decreased Motorola Solutions Inc (NYSE:MSI) stake by 12,110 shares to 31,010 valued at $2.63M in 2017Q3. It also reduced Rydex Etf Trust (RPG) stake by 3,090 shares and now owns 37,950 shares. Rydex Etf Trust (RSP) was reduced too.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $20.17 million activity. Stoffels Paulus also sold $20.17M worth of Johnson & Johnson (NYSE:JNJ) shares.

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.04, from 0.83 in 2017Q2. It improved, as 45 investors sold JNJ shares while 871 reduced holdings. 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. Accredited holds 0.18% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 4,932 shares. Farr Miller & Washington Dc has 316,258 shares. Lenox Wealth Advisors reported 891 shares. 50 are owned by Tanaka Cap Management. First Wilshire Securities Mgmt owns 0.09% invested in Johnson & Johnson (NYSE:JNJ) for 2,553 shares. Ckw Gp holds 664 shares or 0.02% of its portfolio. King Luther Capital Mgmt stated it has 918,579 shares or 1.05% of all its holdings. Wheatland accumulated 18,001 shares or 2% of the stock. The Massachusetts-based North Mgmt has invested 4.63% in Johnson & Johnson (NYSE:JNJ). Moreover, Fincl Mngmt has 0.04% invested in Johnson & Johnson (NYSE:JNJ) for 727 shares. Citizens And Northern invested 0.86% in Johnson & Johnson (NYSE:JNJ). Montrusco Bolton Invests Inc has 69,860 shares for 0.48% of their portfolio. Heritage Wealth Advisors invested 1.09% in Johnson & Johnson (NYSE:JNJ). Zevin Asset Mngmt Llc accumulated 0.49% or 16,145 shares. Barnett & Com reported 655 shares stake.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 91 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, October 17. BMO Capital Markets has “Buy” rating and $152.0 target. Jefferies maintained the shares of JNJ in report on Thursday, August 4 with “Hold” rating. The rating was maintained by Stifel Nicolaus on Wednesday, January 24 with “Hold”. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, October 18. The firm has “Hold” rating by Societe Generale given on Wednesday, April 6. The firm has “Hold” rating by Jefferies given on Tuesday, August 15. RBC Capital Markets maintained the shares of JNJ in report on Wednesday, October 18 with “Buy” rating. The company was maintained on Friday, January 12 by Wells Fargo. The stock of Johnson & Johnson (NYSE:JNJ) earned “Equal-Weight” rating by Barclays Capital on Tuesday, November 29. The stock has “Neutral” rating by Goldman Sachs on Wednesday, April 20.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: