As Sysco (SYY) Shares Rose, Shareholder Bailard Raised Holding; Weybosset Research & Management Holding in Johnson & Johnson (JNJ) Has Lowered by $374,270

January 20, 2018 - By Adrian Erickson

Weybosset Research & Management Llc decreased its stake in Johnson & Johnson (JNJ) by 4.54% based on its latest 2017Q3 regulatory filing with the SEC. Weybosset Research & Management Llc sold 2,879 shares as the company’s stock rose 6.85% with the market. The institutional investor held 60,497 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $7.87 million, down from 63,376 at the end of the previous reported quarter. Weybosset Research & Management Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $395.89B market cap company. The stock increased 0.30% or $0.44 during the last trading session, reaching $147.36. About 8.74M shares traded or 57.98% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 20, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Thomas Bailard increased its stake in Sysco Corp (SYY) by 1003.52% based on its latest 2017Q3 regulatory filing with the SEC. Bailard Inc bought 72,123 shares as the company’s stock rose 4.26% with the market. The hedge fund run by Thomas Bailard held 79,310 shares of the food distributors company at the end of 2017Q3, valued at $4.28M, up from 7,187 at the end of the previous reported quarter. Bailard Inc who had been investing in Sysco Corp for a number of months, seems to be bullish on the $32.94B market cap company. The stock increased 1.59% or $0.99 during the last trading session, reaching $63.21. About 2.30M shares traded. Sysco Corporation (NYSE:SYY) has risen 11.23% since January 20, 2017 and is uptrending. It has underperformed by 5.47% 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 86 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, October 11 the stock rating was upgraded by Jefferies to “Buy”. The firm has “Buy” rating by Citigroup given on Monday, October 23. The firm has “Hold” rating given on Wednesday, April 6 by Societe Generale. Goldman Sachs upgraded Johnson & Johnson (NYSE:JNJ) on Monday, March 14 to “Neutral” rating. The firm has “Neutral” rating given on Tuesday, January 2 by JP Morgan. The rating was maintained by Jefferies with “Hold” on Thursday, August 4. The firm earned “Buy” rating on Sunday, August 27 by RBC Capital Markets. Goldman Sachs maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, April 20 with “Neutral” rating. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, October 18. The firm has “Buy” rating given on Wednesday, October 18 by Leerink Swann.

Investors sentiment is 0.83 in 2017 Q3. 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. Citigroup Inc has 0.13% invested in Johnson & Johnson (NYSE:JNJ). 7,930 are held by Highlander Mgmt Ltd Liability Corp. Telos Capital Inc stated it has 1.17% in Johnson & Johnson (NYSE:JNJ). Marathon Capital Mgmt invested 1.36% of its portfolio in Johnson & Johnson (NYSE:JNJ). Moreover, Daniel Devine has 3.62% invested in Johnson & Johnson (NYSE:JNJ). Country Trust Natl Bank holds 2.08% or 354,060 shares. Moreover, Annex Advisory Svcs Ltd Liability Company has 0.25% invested in Johnson & Johnson (NYSE:JNJ). Foster Dykema Cabot & Inc Ma reported 17,411 shares. Psagot House Limited reported 0.01% stake. Kopp Inv Advisors Ltd Liability Co has invested 0.75% in Johnson & Johnson (NYSE:JNJ). The New York-based Bluefin Trading Lc has invested 0.05% in Johnson & Johnson (NYSE:JNJ). Hartwell J M Partnership owns 31,123 shares or 0.79% of their US portfolio. Kayne Anderson Rudnick Inv Lc holds 22,519 shares. Laffer Invs, a Tennessee-based fund reported 6,086 shares. Cypress Asset Management Tx reported 98,265 shares or 2.75% of all its holdings.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. They expect $1.72 EPS, up 8.86% or $0.14 from last year’s $1.58 per share. JNJ’s profit will be $4.62 billion for 21.42 P/E if the $1.72 EPS becomes a reality. After $1.90 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -9.47% negative EPS growth.

Bailard Inc, which manages about $2.27B and $1.31B US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 5,042 shares to 33,462 shares, valued at $2.34 million in 2017Q3, according to the filing. It also reduced its holding in Helmerich & Payne Inc (NYSE:HP) by 17,708 shares in the quarter, leaving it with 14,966 shares, and cut its stake in Spdr Ser Tr.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.09, from 0.87 in 2017Q2. It is negative, as 61 investors sold SYY shares while 345 reduced holdings. 66 funds opened positions while 249 raised stakes. 409.47 million shares or 1.25% less from 414.66 million shares in 2017Q2 were reported. Kempen Capital Mngmt Nv has 54,730 shares. Old Point & Finance Service N A accumulated 82,749 shares or 2.51% of the stock. Hyman Charles D invested in 18,790 shares or 0.13% of the stock. Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma accumulated 247,652 shares. 5,071 are owned by Verition Fund Mngmt Lc. Butensky & Cohen Finance Security Incorporated invested in 1.66% or 34,742 shares. Fmr Ltd Company holds 0.03% in Sysco Corporation (NYSE:SYY) or 4.31M shares. 16,721 are owned by Haverford Trust Com. Ifc Fl reported 0.02% stake. Meeder Asset Incorporated stated it has 7,280 shares. Ls Inv holds 0.22% or 66,994 shares. Notis accumulated 8,351 shares. Cypress Asset Management Inc Tx invested 0.13% in Sysco Corporation (NYSE:SYY). Hsbc Holding Public Limited Co holds 385,189 shares. Ntv Asset Ltd Liability Co holds 18,373 shares.

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Sysco Corporation had 49 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Tuesday, December 15 by Goldman Sachs. The stock of Sysco Corporation (NYSE:SYY) earned “Buy” rating by Wells Fargo on Monday, August 14. The rating was initiated by Bank of America with “Neutral” on Monday, June 20. The firm has “Hold” rating given on Monday, October 30 by Jefferies. RBC Capital Markets maintained the stock with “Hold” rating in Friday, August 11 report. The company was downgraded on Wednesday, November 16 by Credit Suisse. Barclays Capital upgraded Sysco Corporation (NYSE:SYY) rating on Thursday, November 10. Barclays Capital has “Equal Weight” rating and $53 target. The stock of Sysco Corporation (NYSE:SYY) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, January 25. On Friday, October 13 the stock rating was maintained by RBC Capital Markets with “Hold”. On Thursday, August 6 the stock rating was initiated by Pivotal Research with “Sell”.

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