Bridges Investment Management Has Upped Its Facebook (FB) Stake; New Mexico Educational Retirement Board Cut Johnson Johnson (JNJ) Holding By $325,000

January 31, 2018 - By Danny Collins

Bridges Investment Management Inc increased Facebook Inc. (FB) stake by 34.13% reported in 2017Q3 SEC filing. Bridges Investment Management Inc acquired 13,775 shares as Facebook Inc. (FB)’s stock rose 10.88%. The Bridges Investment Management Inc holds 54,136 shares with $9.25 million value, up from 40,361 last quarter. Facebook Inc. now has $543.74 billion valuation. The stock increased 0.61% or $1.14 during the last trading session, reaching $187.12. About 20.86M shares traded or 13.41% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 31, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

New Mexico Educational Retirement Board decreased Johnson Johnson (JNJ) stake by 1% reported in 2017Q3 SEC filing. New Mexico Educational Retirement Board sold 2,500 shares as Johnson Johnson (JNJ)’s stock rose 6.85%. The New Mexico Educational Retirement Board holds 247,943 shares with $32.24 million value, down from 250,443 last quarter. Johnson Johnson now has $382.64 billion valuation. The stock decreased 0.87% or $1.25 during the last trading session, reaching $142.43. About 8.38 million shares traded or 40.27% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 31, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 88 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Piper Jaffray on Monday, October 5. The firm has “Buy” rating given on Wednesday, October 18 by Argus Research. The rating was maintained by BMO Capital Markets on Tuesday, October 17 with “Buy”. The firm has “Equal-Weight” rating given on Wednesday, October 18 by Barclays Capital. The firm has “Buy” rating by Jefferies given on Tuesday, January 16. The company was maintained on Friday, July 14 by Jefferies. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, April 20. Citigroup initiated the shares of JNJ in report on Monday, September 25 with “Hold” rating. The rating was maintained by Stifel Nicolaus on Tuesday, July 18 with “Hold”. On Tuesday, July 18 the stock rating was maintained by BMO Capital Markets with “Buy”.

Investors sentiment is 0.83 in Q3 2017. Its the same as in 2017Q2. It is flat, 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. Mraz Amerine Associates, California-based fund reported 28,159 shares. Virtus Advisers Inc stated it has 12,016 shares. Brookmont Capital Mngmt accumulated 2.02% or 28,336 shares. Meeder Asset Inc invested 0.93% of its portfolio in Johnson & Johnson (NYSE:JNJ). 46,475 are held by Allen Mngmt. Jennison holds 0% or 21,656 shares. Zeke Advsr Limited Com stated it has 60,479 shares or 1.08% of all its holdings. Ing Groep Nv invested in 1.69% or 676,388 shares. Opus Capital Group reported 9,013 shares. 49,024 were reported by Usca Ria Ltd Liability Com. Johnson Investment Counsel holds 0.78% or 227,395 shares. Hollencrest Secs Ltd Liability Com accumulated 0.12% or 6,741 shares. Berson Corrado Inv Advsr Limited Liability Co holds 0.24% or 3,299 shares. Essex Inc accumulated 97,688 shares. Corda Investment Limited Liability holds 3.48% or 206,671 shares.

Since August 7, 2017, it had 0 buys, and 39 insider sales for $957.86 million activity. 38,058 shares were sold by Schroepfer Michael Todd, worth $6.53 million on Tuesday, October 10. Zuckerberg Mark sold $42.50 million worth of stock. Shares for $8.59 million were sold by FISCHER DAVID B.. Another trade for 750 shares valued at $134,125 was made by Stretch Colin on Tuesday, December 12. Cox Christopher K also sold $2.80M worth of Facebook, Inc. (NASDAQ:FB) shares. $502.59M worth of Facebook, Inc. (NASDAQ:FB) was sold by Koum Jan on Tuesday, August 15. On Monday, August 21 the insider Wehner David M. sold $2.59M.