As Johnson & Johnson (JNJ) Share Value Rose, Peapack Gladstone Financial Lowered Its Stake; Clear Harbor Asset Management Trimmed Assured Guaranty LTD (AGO) Holding by $488,770; Share Value Declined

September 13, 2017 - By Louis Casey

Clear Harbor Asset Management Llc decreased its stake in Assured Guaranty Ltd (AGO) by 43.25% based on its latest 2016Q4 regulatory filing with the SEC. Clear Harbor Asset Management Llc sold 13,210 shares as the company’s stock declined 5.68% while stock markets rallied. The institutional investor held 17,335 shares of the property-casualty insurers company at the end of 2016Q4, valued at $655,000, down from 30,545 at the end of the previous reported quarter. Clear Harbor Asset Management Llc who had been investing in Assured Guaranty Ltd for a number of months, seems to be less bullish one the $5.02B market cap company. The stock decreased 0.96% or $0.41 during the last trading session, reaching $42.15. About 550,712 shares traded. Assured Guaranty Ltd. (NYSE:AGO) has risen 51.57% since September 13, 2016 and is uptrending. It has outperformed by 34.87% the S&P500.

Peapack Gladstone Financial Corp decreased its stake in Johnson & Johnson (JNJ) by 1.19% based on its latest 2016Q4 regulatory filing with the SEC. Peapack Gladstone Financial Corp sold 3,347 shares as the company’s stock rose 6.85% with the market. The institutional investor held 277,623 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $31.98 million, down from 280,970 at the end of the previous reported quarter. Peapack Gladstone Financial Corp who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $355.50B market cap company. The stock decreased 0.14% or $0.18 during the last trading session, reaching $132.45. About 4.65M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since September 13, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Among 22 analysts covering Johnson & Johnson (NYSE:JNJ), 10 have Buy rating, 4 Sell and 8 Hold. Therefore 45% are positive. Johnson & Johnson had 64 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Tuesday, June 14 with “Hold” rating. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Argus Research on Wednesday, April 20. The firm earned “Buy” rating on Monday, July 10 by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, September 22 by UBS. The stock of Johnson & Johnson (NYSE:JNJ) has “Outperform” rating given on Tuesday, August 25 by Cowen & Co. On Wednesday, July 20 the stock rating was maintained by RBC Capital Markets with “Outperform”. Jefferies maintained the shares of JNJ in report on Thursday, August 4 with “Hold” rating. The stock of Johnson & Johnson (NYSE:JNJ) has “Hold” rating given on Tuesday, August 15 by Jefferies. As per Thursday, January 26, the company rating was downgraded by Wells Fargo. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 25.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Cnbc.com which released: “Johnson & Johnson CEO to stay on Trump’s advisory council to advocate for …” on August 15, 2017, also Cnbc.com with their article: “Achillion Pharmaceuticals falls 25% after hepatitis C deal with J&J unit ends” published on September 11, 2017, Seekingalpha.com published: “Johnson & Johnson’s New Focus” on September 08, 2017. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Johnson & Johnson’s (JNJ) Management Presents at 2017 Barclays Global Consumer …” published on September 05, 2017 as well as Seekingalpha.com‘s news article titled: “Buy Johnson & Johnson Before Q3 Earnings” with publication date: September 07, 2017.

Investors sentiment increased to 0.94 in Q4 2016. Its up 0.12, from 0.82 in 2016Q3. It increased, as 63 investors sold JNJ shares while 834 reduced holdings. 114 funds opened positions while 731 raised stakes. 1.72 billion shares or 0.88% more from 1.71 billion shares in 2016Q3 were reported. Bridgeway Cap Mgmt Inc holds 1.07% or 710,947 shares. Ipg Investment Advsr Ltd Limited Liability Company has 2,505 shares. Ig Investment Mgmt Limited holds 738,741 shares. Guggenheim Capital accumulated 0.39% or 1.17M shares. Gw Henssler & Assoc Ltd invested in 119,163 shares or 1.52% of the stock. Nine Chapters Mgmt Lc holds 1.83% or 9,400 shares. 14,509 were reported by Heritage Wealth Advisors. Chase Inv Counsel holds 0.2% or 3,485 shares. The Kansas-based Paragon Lc has invested 3.87% in Johnson & Johnson (NYSE:JNJ). Kanaly Tru Company holds 14,359 shares. Cls Investments Ltd Liability Corp holds 0.02% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 3,308 shares. San Francisco Sentry Gru (Ca) stated it has 1.36% of its portfolio in Johnson & Johnson (NYSE:JNJ). First Interstate National Bank has invested 0.26% in Johnson & Johnson (NYSE:JNJ). Los Angeles Capital Mngmt & Equity Research Inc holds 1.21% or 1.34M shares. Crestpoint Mgmt Lc has invested 1.84% in Johnson & Johnson (NYSE:JNJ).

Peapack Gladstone Financial Corp, which manages about $1.54B US Long portfolio, upped its stake in Vanguard S&P 500 Etf (VOO) by 27,510 shares to 117,094 shares, valued at $24.04M in 2016Q4, according to the filing. It also increased its holding in Ishares Msci Emerging Mkt Etf (EEM) by 11,466 shares in the quarter, for a total of 55,392 shares, and has risen its stake in Qualcomm Inc (NASDAQ:QCOM).

Among 6 analysts covering Assured Guaranty (NYSE:AGO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Assured Guaranty had 8 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Wednesday, August 12. Wood maintained Assured Guaranty Ltd. (NYSE:AGO) on Friday, April 7 with “Hold” rating. The firm earned “Outperform” rating on Monday, November 9 by Macquarie Research. Keefe Bruyette & Woods maintained it with “Hold” rating and $4200 target in Friday, June 9 report. BTIG Research maintained Assured Guaranty Ltd. (NYSE:AGO) on Friday, May 26 with “Buy” rating. Keefe Bruyette & Woods downgraded Assured Guaranty Ltd. (NYSE:AGO) on Tuesday, February 28 to “Mkt Perform” rating. As per Tuesday, November 10, the company rating was maintained by UBS. The firm has “Buy” rating by M Partners given on Monday, November 16.

More news for Assured Guaranty Ltd. (NYSE:AGO) were recently published by: Businesswire.com, which released: “Assured Guaranty Acquires Interest in Wasmer, Schroeder & Company …” on September 06, 2017. Nasdaq.com‘s article titled: “Assured Guaranty Becomes Oversold” and published on August 29, 2017 is yet another important article.

Since May 10, 2017, it had 0 insider buys, and 1 sale for $470,280 activity.

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