As Johnson & Johnson (JNJ) Stock Value Rose, Private Management Group Has Decreased by $1.39 Million Its Stake; Skyworks Solutions (SWKS) Holder Winslow Capital Management Trimmed Its Position

February 23, 2018 - By Dolores Ford

Private Management Group Inc decreased its stake in Johnson & Johnson (JNJ) by 73.66% based on its latest 2017Q3 regulatory filing with the SEC. Private Management Group Inc sold 10,744 shares as the company’s stock rose 6.85% with the market. The institutional investor held 3,842 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $499,000, down from 14,586 at the end of the previous reported quarter. Private Management Group Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $354.67B market cap company. The stock increased 1.62% or $2.11 during the last trading session, reaching $132.02. About 4.64M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since February 23, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Winslow Capital Management Llc decreased its stake in Skyworks Solutions Inc (SWKS) by 6.4% based on its latest 2017Q3 regulatory filing with the SEC. Winslow Capital Management Llc sold 112,212 shares as the company’s stock rose 7.80% with the market. The institutional investor held 1.64 million shares of the technology company at the end of 2017Q3, valued at $167.32 million, down from 1.75 million at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in Skyworks Solutions Inc for a number of months, seems to be less bullish one the $19.75 billion market cap company. The stock increased 0.90% or $0.97 during the last trading session, reaching $108.23. About 1.42M shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 65.40% since February 23, 2017 and is uptrending. It has outperformed by 48.70% the S&P500.

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

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 89 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 31 by BMO Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by BMO Capital Markets on Tuesday, July 18. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 29. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, October 18. On Tuesday, August 25 the stock rating was maintained by Cowen & Co with “Outperform”. The rating was maintained by UBS with “Buy” on Wednesday, July 19. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Argus Research on Wednesday, October 18. Stifel Nicolaus maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, January 24. Stifel Nicolaus has “Hold” rating and $145 target. The firm has “Hold” rating given on Friday, July 14 by Jefferies. Leerink Swann maintained the shares of JNJ in report on Wednesday, October 18 with “Buy” rating.

Private Management Group Inc, which manages about $2.22 billion and $1.89B US Long portfolio, upped its stake in Seacor Marine Hldgs Inc by 547,782 shares to 626,638 shares, valued at $9.80M in 2017Q3, according to the filing. It also increased its holding in Franklin Street Pptys Corp (NYSEMKT:FSP) by 62,887 shares in the quarter, for a total of 1.46 million shares, and has risen its stake in Northstar Realty Europe Corp.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on April, 17. They expect $2.01 EPS, up 9.84% or $0.18 from last year’s $1.83 per share. JNJ’s profit will be $5.40 billion for 16.42 P/E if the $2.01 EPS becomes a reality. After $1.74 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 15.52% EPS growth.

Investors sentiment is 0.83 in Q3 2017. 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. Woodley Farra Manion Port Mngmt Inc holds 3.69% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 244,690 shares. Bb&T Secs Lc reported 733,360 shares. The Ontario – Canada-based Savings Bank Of Nova Scotia has invested 0.51% in Johnson & Johnson (NYSE:JNJ). Lawson Kroeker Invest Mgmt Inc Ne has 3.66% invested in Johnson & Johnson (NYSE:JNJ). Puzo Michael J holds 5.52% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 81,528 shares. Alexandria Ltd accumulated 7,868 shares. Eagle Asset Management reported 0.65% of its portfolio in Johnson & Johnson (NYSE:JNJ). Nippon Life has invested 0.98% in Johnson & Johnson (NYSE:JNJ). Ifc Fl, Florida-based fund reported 24,618 shares. Pub Employees Retirement Association Of Colorado holds 0.45% or 478,758 shares in its portfolio. Hilton Lc reported 1.4% of its portfolio in Johnson & Johnson (NYSE:JNJ). Private Advsr stated it has 9,833 shares or 0.44% of all its holdings. Baker Ellis Asset Mngmt Ltd Co reported 33,241 shares. Ccm Advisers Lc stated it has 71,061 shares or 1.78% of all its holdings. Reilly Financial Limited Liability Corp reported 96,116 shares or 1.87% of all its holdings.

Since August 29, 2017, it had 0 insider purchases, and 7 selling transactions for $6.29 million activity. 2,610 Skyworks Solutions, Inc. (NASDAQ:SWKS) shares with value of $260,948 were sold by GRIFFIN LIAM. KING CHRISTINE also sold $395,768 worth of Skyworks Solutions, Inc. (NASDAQ:SWKS) on Wednesday, September 6.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.12, from 0.97 in 2017Q2. It increased, as 34 investors sold SWKS shares while 220 reduced holdings. 63 funds opened positions while 214 raised stakes. 146.42 million shares or 0.03% less from 146.46 million shares in 2017Q2 were reported. Horizon Inv Serv holds 0.16% or 3,801 shares in its portfolio. Daiwa Group has 9,626 shares. Moreover, Winslow Cap Management Limited Liability Corporation has 0.9% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 1.64 million shares. Bnp Paribas Arbitrage invested 0.03% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Origin Asset Mgmt Limited Liability Partnership has 0.88% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS). Moreover, White Pine Cap Lc has 0.01% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 28,870 shares. Citadel Advsr Ltd has 0.01% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS). Arizona State Retirement System stated it has 0.09% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Pennsylvania Communication owns 23,757 shares for 0.12% of their portfolio. Connor Clark And Lunn Inv Management Limited holds 0% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 6,600 shares. Pensionfund Dsm Netherlands stated it has 41,500 shares. Sumitomo Mitsui, a Japan-based fund reported 535,064 shares. Gotham Asset Mngmt Ltd Llc invested in 285,927 shares or 0.43% of the stock. Elk Creek Prtn Limited Liability Company accumulated 5,872 shares or 0.04% of the stock. Warren Averett Asset Mgmt Ltd Com owns 0.16% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 7,150 shares.

Analysts await Skyworks Solutions, Inc. (NASDAQ:SWKS) to report earnings on April, 26. They expect $1.47 EPS, up 10.53% or $0.14 from last year’s $1.33 per share. SWKS’s profit will be $268.25 million for 18.41 P/E if the $1.47 EPS becomes a reality. After $1.86 actual EPS reported by Skyworks Solutions, Inc. for the previous quarter, Wall Street now forecasts -20.97% negative EPS growth.

Winslow Capital Management Llc, which manages about $33.78B and $18.57 billion US Long portfolio, upped its stake in Ecolab Inc (NYSE:ECL) by 475,759 shares to 1.92M shares, valued at $246.77M in 2017Q3, according to the filing. It also increased its holding in Boston Scientific Co (NYSE:BSX) by 648,613 shares in the quarter, for a total of 11.86M shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Among 36 analysts covering Skyworks Solutions Inc. (NASDAQ:SWKS), 31 have Buy rating, 1 Sell and 4 Hold. Therefore 86% are positive. Skyworks Solutions Inc. had 105 analyst reports since July 27, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of SWKS in report on Tuesday, November 7 with “Overweight” rating. Drexel Hamilton maintained the shares of SWKS in report on Tuesday, February 6 with “Buy” rating. As per Thursday, August 3, the company rating was maintained by Oppenheimer. On Wednesday, September 23 the stock rating was upgraded by Charter Equity to “Strong Buy”. The company was downgraded on Thursday, September 17 by Zacks. Needham maintained Skyworks Solutions, Inc. (NASDAQ:SWKS) on Friday, July 21 with “Buy” rating. The stock has “Buy” rating by Citigroup on Thursday, October 1. As per Friday, July 22, the company rating was maintained by Cowen & Co. Drexel Hamilton maintained the shares of SWKS in report on Thursday, July 20 with “Buy” rating. The firm has “Neutral” rating given on Monday, October 24 by JP Morgan.

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 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:


Recent Posts