Johnson & Johnson (JNJ) Shareholder Foyston Gordon & Payne Lowered Its Stake by $581,808 as Stock Value Rose; As At&T (T) Stock Value Declined, Kellner Capital Has Lowered Its Stake by $1.25 Million

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Kellner Capital Llc decreased its stake in At&T Inc (T) by 50.65% based on its latest 2018Q3 regulatory filing with the SEC. Kellner Capital Llc sold 37,941 shares as the company’s stock declined 7.66% with the market. The institutional investor held 36,966 shares of the telecommunications equipment company at the end of 2018Q3, valued at $1.24M, down from 74,907 at the end of the previous reported quarter. Kellner Capital Llc who had been investing in At&T Inc for a number of months, seems to be less bullish one the $215.72 billion market cap company. The stock decreased 0.63% or $0.19 during the last trading session, reaching $29.62. About 14.79M shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since February 13, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 08/03/2018 – Charles Gasparino: #BreakingNews Sources tell me that DOJ and AT&T are scheduled to release trial briefs on Friday as part of; 02/04/2018 – Couchbase Receives 5-Star Rating in CRN’s 2018 Partner Program Guide; 11/05/2018 – AT&T chief executive says hiring Trump lawyer was `big mistake’; 08/05/2018 – Taco Bell’s Naked Chicken Chalupa Is Back And Wilder Than Ever On May 10; 11/05/2018 – EXCLUSIVE-‘AT&T HIRING MICHAEL COHEN AS A POLITICAL CONSULTANT WAS A BIG MISTAKE’ – CEO RANDALL STEPHENSON IN EMPLOYEE MEMO; 07/03/2018 – VRIO CORP SAYS PROPOSED IPO PRICE IS AN ESTIMATE SOLELY FOR CALCULATING SEC REGISTRATION FEE; 06/03/2018 – AT&T INC – COMPANIES ARE WORKING THROUGH AT&T FOUNDRY TO DEVELOP SOLUTION; 25/04/2018 – AT&T CFO JOHN STEPHENS CONCLUDES EARNINGS CONFERENCE CALL; 15/05/2018 – AT&T INC – EXPECTS TO LAUNCH PREMIUM VIDEO STREAMING SERVICE BY END OF 2018; 30/04/2018 – Fidelity Disciplined Equity Adds AT&T, Cuts Apple

Foyston Gordon & Payne Inc decreased its stake in Johnson & Johnson (JNJ) by 1.62% based on its latest 2018Q3 regulatory filing with the SEC. Foyston Gordon & Payne Inc sold 4,216 shares as the company’s stock rose 5.87% while stock markets declined. The institutional investor held 255,250 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $35.27M, down from 259,466 at the end of the previous reported quarter. Foyston Gordon & Payne Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $358.62B market cap company. The stock decreased 0.33% or $0.45 during the last trading session, reaching $133.71. About 3.17M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 3.75% since February 13, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical JNJ News: 08/05/2018 – J&J’s Janssen: Darzalex Is the First Monoclonal Antibody Approved for Newly Diagnosed Patients With Newly Diagnosed Multiple Myeloma; 05/04/2018 – J&J, IMERYS FOUND LIABLE FOR CLAIMS TALC TAINTED BY ASBESTOS; 17/04/2018 – REG-Genmab Announces Net Sales of DARZALEX┬« (daratumumab) for First Quarter of 2018; 16/03/2018 – J&J REPORTS BINDING OFFER FROM PLATINUM EQUITY TO BUY LIFESCAN,; 26/04/2018 – J&J: J&J REPORTS DIV BOOST OF 7.1% APR 26, 2018; 26/04/2018 – Johnson & Johnson Raises Quarterly Dividend to 90c Vs. 84c; 17/04/2018 – J&J QTRLY WORLDWIDE INVOKANA/INVOKAMET SALES $248 MLN VS $284 MLN REPORTED LAST YR; 02/04/2018 – Fidelity Growth Discovery Adds DowDuPont, Exits J&J; 28/05/2018 – Johnson & Johnson Gets Different Verdicts in Baby Powder Cases; 20/03/2018 – J&J CFO Dominic Caruso to retire, names Joseph Wolk as replacement

Foyston Gordon & Payne Inc, which manages about $12.34B and $585.84 million US Long portfolio, upped its stake in Cisco Systems Inc. (NASDAQ:CSCO) by 21,036 shares to 428,460 shares, valued at $20.85M in 2018Q3, according to the filing. It also increased its holding in Unitedhealth Group Inc. (NYSE:UNH) by 5,926 shares in the quarter, for a total of 80,948 shares, and has risen its stake in Harris Corp. (NYSE:HRS).

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Covered-Call Writing With J&J – Seeking Alpha” on January 24, 2019, also Seekingalpha.com with their article: “JNJ’s TECNIS Eyhance IOL available in Europe – Seeking Alpha” published on February 04, 2019, Fool.com published: “Better Buy: Johnson & Johnson vs. Merck & Co. – Motley Fool” on February 04, 2019. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “FDA OKs split-dosing regimen for J&J’s Darzalex – Seeking Alpha” published on February 12, 2019 as well as Seekingalpha.com‘s news article titled: “Johnson & Johnson’s Erleada successful in late-stage metastatic prostate cancer study – Seeking Alpha” with publication date: January 30, 2019.

Among 25 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 4 Sell and 9 Hold. Therefore 48% are positive. Johnson & Johnson had 111 analyst reports since August 7, 2015 according to SRatingsIntel. Leerink Swann maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, April 18. Leerink Swann has “Buy” rating and $16000 target. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, April 18. The firm has “Overweight” rating by Barclays Capital given on Wednesday, April 20. The rating was maintained by Piper Jaffray on Tuesday, July 18 with “Hold”. JP Morgan downgraded the shares of JNJ in report on Tuesday, January 2 to “Neutral” rating. As per Monday, October 9, the company rating was upgraded by Wells Fargo. The stock has “Overweight” rating by JP Morgan on Monday, May 15. The rating was maintained by BMO Capital Markets on Tuesday, October 17 with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $128 target in Wednesday, January 25 report. Wells Fargo maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, February 6. Wells Fargo has “Buy” rating and $160.0 target.

Since August 27, 2018, it had 3 insider purchases, and 8 selling transactions for $79.44 million activity. PEREZ WILLIAM D bought $133,910 worth of stock or 1,000 shares. On Thursday, December 13 the insider Kapusta Ronald A sold $536,638. The insider Sneed Michael E sold $3.91 million. Shares for $38.60M were sold by Gorsky Alex on Friday, November 16. 748 shares were bought by MULCAHY ANNE M, worth $100,050 on Friday, December 14. Shares for $5.77 million were sold by Duato Joaquin on Wednesday, November 7.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.08, from 0.97 in 2018Q2. It increased, as 43 investors sold JNJ shares while 748 reduced holdings. 115 funds opened positions while 719 raised stakes. 1.70 billion shares or 7.91% less from 1.84 billion shares in 2018Q2 were reported. 4,890 are held by Peavine Capital Limited Co. Mitchell Sinkler Starr Pa reported 17,402 shares. Johnson Investment Counsel Incorporated reported 0.71% stake. Wolverine Asset Ltd Liability Corp stated it has 0.05% of its portfolio in Johnson & Johnson (NYSE:JNJ). 281,800 were reported by Old Republic Corp. Miracle Mile Advisors Limited Liability has 0.05% invested in Johnson & Johnson (NYSE:JNJ) for 3,944 shares. Scotia holds 1.59% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 905,976 shares. First Western Mngmt holds 2.87% in Johnson & Johnson (NYSE:JNJ) or 4,626 shares. Paw reported 5,500 shares or 0.81% of all its holdings. Rmb Ltd has 0.19% invested in Johnson & Johnson (NYSE:JNJ) for 58,223 shares. First Citizens Comml Bank & Co stated it has 52,008 shares or 0.8% of all its holdings. Cypress Cap Mngmt Lc (Wy) has invested 0.59% in Johnson & Johnson (NYSE:JNJ). Great Lakes Advisors Limited holds 0.15% or 51,745 shares in its portfolio. Guyasuta Invest Advisors holds 3.43% or 232,716 shares in its portfolio. Family Firm reported 0.28% of its portfolio in Johnson & Johnson (NYSE:JNJ).

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T And Vodafone – Steady Income Series – Seeking Alpha” on January 19, 2019, also Seekingalpha.com with their article: “AT&T: The 7% Yield You Can’t Miss – Seeking Alpha” published on January 14, 2019, Seekingalpha.com published: “AT&T Is Getting Crushed By DirecTV – Seeking Alpha” on January 30, 2019. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “You Can’t Bank On AT&T Like That – Seeking Alpha” published on January 22, 2019 as well as Seekingalpha.com‘s news article titled: “AT&T: Can A Tiger Change Its Stripes? – Seeking Alpha” with publication date: January 20, 2019.

Investors sentiment decreased to 1 in 2018 Q3. Its down 1.31, from 2.31 in 2018Q2. It turned negative, as 97 investors sold T shares while 673 reduced holdings. 133 funds opened positions while 634 raised stakes. 3.52 billion shares or 3.17% less from 3.64 billion shares in 2018Q2 were reported. Novare Mgmt Llc reported 1.49% of its portfolio in AT&T Inc. (NYSE:T). State Farm Mutual Automobile Insurance Company reported 1.25% of its portfolio in AT&T Inc. (NYSE:T). Suffolk Cap Mngmt Ltd Llc reported 0.05% in AT&T Inc. (NYSE:T). Advsr Capital Limited Liability has 670,210 shares. Horizon Kinetics Limited Liability invested 0.01% in AT&T Inc. (NYSE:T). Wellington Shields Capital Management Ltd Co reported 1.04% stake. Private Wealth Advsr has invested 1.1% in AT&T Inc. (NYSE:T). State Of Alaska Department Of Revenue holds 964,870 shares or 0.54% of its portfolio. Keystone Fincl Planning owns 208,643 shares. Natl Asset Mngmt reported 226,975 shares. Court Place Lc reported 1.32% in AT&T Inc. (NYSE:T). Amica Pension Fund Board Of Trustees owns 290,512 shares for 1.27% of their portfolio. Opus Investment Mngmt holds 158,000 shares or 0.92% of its portfolio. Burt Wealth owns 0.16% invested in AT&T Inc. (NYSE:T) for 10,532 shares. Cumberland Prtn holds 0.05% or 17,070 shares in its portfolio.

Kellner Capital Llc, which manages about $281.32 million US Long portfolio, upped its stake in Cobiz Financial Inc (NASDAQ:COBZ) by 98,500 shares to 190,400 shares, valued at $4.22 million in 2018Q3, according to the filing. It also increased its holding in Aetna Inc New (NYSE:AET) by 63,400 shares in the quarter, for a total of 127,200 shares, and has risen its stake in Pinnacle Foods Inc Del (NYSE:PF).

Among 37 analysts covering AT&T Inc. (NYSE:T), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. AT&T Inc. had 101 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of AT&T Inc. (NYSE:T) earned “Neutral” rating by Moffett Nathanson on Monday, November 26. As per Thursday, April 26, the company rating was maintained by UBS. Deutsche Bank maintained it with “Hold” rating and $36 target in Tuesday, May 1 report. The rating was maintained by Jefferies with “Buy” on Tuesday, July 18. On Tuesday, September 1 the stock rating was maintained by Macquarie Research with “Buy”. The stock of AT&T Inc. (NYSE:T) has “Overweight” rating given on Friday, July 15 by Barclays Capital. Cowen & Co upgraded the stock to “Outperform” rating in Monday, December 3 report. The rating was downgraded by Raymond James on Friday, July 13 to “Market Perform”. Macquarie Research initiated the shares of T in report on Tuesday, April 5 with “Outperform” rating. On Wednesday, August 22 the stock rating was downgraded by Wells Fargo to “Market Perform”.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart