Moneta Group Investment Advisors Cut Its Holding in Johnson & Johnson Com (JNJ) by $58.71 Million as Market Value Rose; As Manning & Napier (MN) Share Value Declined, Mendon Capital Advisors Lifted by $1.21 Million Its Position

Manning & Napier, Inc. (NYSE:MN) Logo

Moneta Group Investment Advisors Llc decreased its stake in Johnson & Johnson Com (JNJ) by 85.19% based on its latest 2018Q3 regulatory filing with the SEC. Moneta Group Investment Advisors Llc sold 425,439 shares as the company’s stock rose 5.87% while stock markets declined. The institutional investor held 73,980 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $10.22M, down from 499,419 at the end of the previous reported quarter. Moneta Group Investment Advisors Llc who had been investing in Johnson & Johnson Com for a number of months, seems to be less bullish one the $360.59 billion market cap company. The stock increased 0.22% or $0.29 during the last trading session, reaching $134.45. About 7.90 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 3.75% since February 14, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical JNJ News: 02/04/2018 – Fidelity Contrafund Adds Dr Pepper Snapple, Exits J&J; 22/03/2018 – PROBI HAS SIGNED A LONG-TERM AGREEMENT WITH CILAG, A MEMBER OF THE JOHNSON & JOHNSON FAMILY OF COMPANIES FOR THE DEVELOPMENT OF A PROBIOTIC PRODUCT; 05/04/2018 – JOHNSON & JOHNSON JNJ.N , IMERYS SA IMTP.PA ORDERED TO PAY $37 MLN IN NEW JERSEY CASE BLAMING TALC ON MESOTHELIOMA -COURTROOM VIDEO; 07/03/2018 – ADVISORY: JJ RUEST, CN INTERIM PRESIDENT, CEO, TO ADDRESS J.P; 24/04/2018 – J&J Bond Trading 2x Average; Clients Net Buyers; 09/05/2018 – Kames Adds Praxair, Exits AO Smith, Cuts J&J: 13F; 17/04/2018 – J&J 1Q ADJ EPS $2.06, EST. $2.00; 17/04/2018 – J&J – QTRLY WORLDWIDE VELCADE SALES $313 MLN VS $280 MLN REPORTED LAST YR; 16/03/2018 – RPT-J&J says offered $2.1 bln for Lifescan diabetes business; 29/03/2018 – Sell-side line of the day “Celltrion could be the next $JNJ in the next decade” ������������

Mendon Capital Advisors Corp increased its stake in Manning & Napier Inc (MN) by 66.96% based on its latest 2018Q3 regulatory filing with the SEC. Mendon Capital Advisors Corp bought 604,951 shares as the company’s stock declined 38.93% with the market. The hedge fund held 1.51 million shares of the finance company at the end of 2018Q3, valued at $4.45M, up from 903,497 at the end of the previous reported quarter. Mendon Capital Advisors Corp who had been investing in Manning & Napier Inc for a number of months, seems to be bullish on the $177.04 million market cap company. The stock decreased 0.44% or $0.01 during the last trading session, reaching $2.25. About 24,914 shares traded. Manning & Napier, Inc. (NYSE:MN) has declined 53.78% since February 14, 2018 and is downtrending. It has underperformed by 53.78% the S&P500. Some Historical MN News: 12/03/2018 – MANNING & NAPIER – ANNOUNCES FORMATION OF INTERIM OFFICE OF CEO TO BE FILLED BY LONG-STANDING SENIOR EXECUTIVES; 02/05/2018 – Manning & Napier 1Q Rev $42.2M; 18/04/2018 – Manning & Napier, Inc. Integrates Fi360’s Fiduciary Tool Into Strategies; 12/03/2018 – Manning & Napier: Office of CEO Responsible for Day-To-Day Management; 28/03/2018 – MANNING & NAPIER INC MN.N SAYS PAUL J. BATTAGLIA JR APPOINTED CFO; 02/05/2018 – Manning & Napier 1Q EPS 7c; 12/03/2018 – MANNING & NAPIER INC – WILLIAM MANNING WILL REMAIN AS CHAIRMAN OF BOARD; 12/03/2018 – Manning & Napier, Inc. Announces the Formation of the Office of the CEO; 12/03/2018 – Manning & Napier: Charles Stamey, Jeffrey Coons, and Richard Goldberg Appointed co-CEOs; 12/03/2018 – MANNING & NAPIER INC – INTERIM OFFICE OF CEO TO BE FILLED BY EVP CHARLES STAMEY, PRESIDENT JEFFREY COONS, BOARD MEMBER RICHARD GOLDBERG

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. Chevy Chase Tru Hldg, a Maryland-based fund reported 2.58 million shares. Verity And Verity Ltd Liability reported 73,950 shares or 2.46% of all its holdings. Mariner Wealth stated it has 192,769 shares or 1.47% of all its holdings. Northcoast Asset Management Limited Liability Company, a Connecticut-based fund reported 4,072 shares. Intrust National Bank & Trust Na owns 28,597 shares for 1% of their portfolio. Rocky Mountain Advisers Ltd Llc stated it has 2,337 shares. Wendell David Assocs reported 119,505 shares stake. Moreover, Biondo Invest Advsr Limited Liability Company has 0.11% invested in Johnson & Johnson (NYSE:JNJ) for 3,481 shares. Lee Danner & Bass owns 101,564 shares or 1.39% of their US portfolio. Berkshire Asset Ltd Llc Pa has invested 2.7% in Johnson & Johnson (NYSE:JNJ). River & Mercantile Asset Mgmt Llp, a United Kingdom-based fund reported 39,797 shares. Amica Mutual holds 1.39% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 97,176 shares. Thomas Story & Son Ltd Co reported 86,588 shares stake. Evermay Wealth Mngmt Ltd Liability Company stated it has 0.53% of its portfolio in Johnson & Johnson (NYSE:JNJ). Ls Advsrs Lc has 84,496 shares.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Bizjournals.com which released: “Sightbox CEO on life after acquisition and growth under J&J – bizjournals.com” on February 06, 2019, also Investorplace.com with their article: “Should You Load Up on JNJ Stock Before Earnings? – Investorplace.com” published on January 18, 2019, Seekingalpha.com published: “JNJ up 1% premarket on strong Q4 – Seeking Alpha” on January 22, 2019. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Covered-Call Writing With J&J – Seeking Alpha” published on January 24, 2019 as well as Benzinga.com‘s news article titled: “Johnson & Johnson Wins FDA Panel Backing For Nasal Spray Depression Drug; PDUFA Date Awaits (NYSE:JNJ) – Benzinga” with publication date: February 13, 2019.

Since August 27, 2018, it had 3 buys, and 8 selling transactions for $79.44 million activity. Kapusta Ronald A sold $1.08M worth of stock or 7,899 shares. Sneed Michael E had sold 30,943 shares worth $4.41 million. PRINCE CHARLES had bought 2,000 shares worth $268,731. Gorsky Alex sold $38.60M worth of stock. $24.41M worth of Johnson & Johnson (NYSE:JNJ) was sold by Fasolo Peter on Monday, December 3. Another trade for 1,000 shares valued at $133,910 was made by PEREZ WILLIAM D on Friday, December 14.

Moneta Group Investment Advisors Llc, which manages about $13.82B and $977.57 million US Long portfolio, upped its stake in Vanguard Small (VBK) by 15,032 shares to 46,493 shares, valued at $8.71M in 2018Q3, according to the filing. It also increased its holding in Vanguard Global Ex (VNQI) by 23,500 shares in the quarter, for a total of 442,192 shares, and has risen its stake in Spdr Portfolio S&P 500 High Dividend Etf.

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. The stock has “Sell” rating by BTIG Research on Wednesday, August 2. The stock has “Sell” rating by Goldman Sachs on Wednesday, September 20. On Thursday, May 17 the stock rating was maintained by Leerink Swann with “Buy”. The firm has “Buy” rating given on Wednesday, October 18 by Jefferies. The company was maintained on Wednesday, October 18 by Barclays Capital. The firm has “Hold” rating given on Wednesday, April 18 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, October 18 by Stifel Nicolaus. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Tuesday, September 22 by UBS. The stock of Johnson & Johnson (NYSE:JNJ) earned “Neutral” rating by Goldman Sachs on Monday, March 14. The firm has “Buy” rating by Jefferies given on Friday, March 23.

Mendon Capital Advisors Corp, which manages about $171.54M and $1.13B US Long portfolio, decreased its stake in Wells Fargo Co New (Put) (NYSE:WFC) by 33,000 shares to 99,000 shares, valued at $5.20M in 2018Q3, according to the filing. It also reduced its holding in Aflac Inc (Put) (NYSE:AFL) by 99,000 shares in the quarter, leaving it with 33,000 shares, and cut its stake in Triumph Bancorp Inc.

More recent Manning & Napier, Inc. (NYSE:MN) news were published by: Seekingalpha.com which released: “Manning & Napier: Asset Manager Adrift – Seeking Alpha” on August 06, 2018. Also Benzinga.com published the news titled: “55 Biggest Movers From Yesterday – Benzinga” on January 16, 2019. Bizjournals.com‘s news article titled: “These Minnesota companies made Fortune’s ‘Most Admired’ list – Minneapolis / St. Paul Business Journal” with publication date: January 24, 2019 was also an interesting one.

Among 7 analysts covering Manning & Napier Advisors (NYSE:MN), 0 have Buy rating, 3 Sell and 4 Hold. Therefore 0 are positive. Manning & Napier Advisors had 20 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Manning & Napier, Inc. (NYSE:MN) earned “Hold” rating by Keefe Bruyette & Woods on Friday, July 21. The stock of Manning & Napier, Inc. (NYSE:MN) has “Hold” rating given on Friday, November 10 by Keefe Bruyette & Woods. As per Thursday, October 27, the company rating was downgraded by Keefe Bruyette & Woods. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, August 1. The stock of Manning & Napier, Inc. (NYSE:MN) earned “Hold” rating by Needham on Friday, November 3. Keefe Bruyette & Woods maintained the shares of MN in report on Friday, October 6 with “Hold” rating. Wood maintained Manning & Napier, Inc. (NYSE:MN) rating on Thursday, September 3. Wood has “Market Perform” rating and $9.50 target. The rating was reinitiated by Credit Suisse on Friday, July 15 with “Neutral”. The firm earned “Mkt Perform” rating on Monday, September 14 by Raymond James. The stock of Manning & Napier, Inc. (NYSE:MN) earned “Underweight” rating by JP Morgan on Tuesday, September 8.

Investors sentiment increased to 1.35 in 2018 Q3. Its up 0.65, from 0.7 in 2018Q2. It increased, as 8 investors sold MN shares while 9 reduced holdings. 7 funds opened positions while 16 raised stakes. 6.99 million shares or 10.50% less from 7.81 million shares in 2018Q2 were reported. Bnp Paribas Arbitrage Sa reported 0% of its portfolio in Manning & Napier, Inc. (NYSE:MN). 10,000 are held by Saturna Cap. The New York-based Morgan Stanley has invested 0% in Manning & Napier, Inc. (NYSE:MN). Cobblestone Cap Limited Liability Co Ny holds 16,225 shares or 0% of its portfolio. Raymond James Assocs invested in 0% or 48,900 shares. Bridgeway Mngmt reported 219,500 shares. Qs Invsts Limited Co holds 0% in Manning & Napier, Inc. (NYSE:MN) or 132,986 shares. Commercial Bank Of Mellon has 0% invested in Manning & Napier, Inc. (NYSE:MN) for 13,178 shares. Blackrock invested in 0% or 158,980 shares. Gsa Cap Partners Limited Liability Partnership invested in 105,789 shares or 0.02% of the stock. Brandywine Global Inv Limited Liability holds 0% or 63,300 shares in its portfolio. Millennium Mgmt Limited Liability Com invested in 0% or 177,788 shares. Retail Bank Of America De accumulated 598 shares. Renaissance Tech Llc holds 0% in Manning & Napier, Inc. (NYSE:MN) or 1.23 million shares. 32,453 are owned by Northern Trust Corp.

Manning & Napier, Inc. (NYSE:MN) Institutional Positions Chart