Rathbone Brothers plc decreased its stake in shares of Johnson & Johnson (NYSE:JNJ) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 244,310 shares of the company’s stock after selling 7,805 shares during the quarter. Johnson & Johnson accounts for 1.4% of Rathbone Brothers plc’s holdings, making the stock its 19th largest position. Rathbone Brothers plc’s holdings in Johnson & Johnson were worth $34,135,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of JNJ. Harding Loevner LP bought a new stake in Johnson & Johnson in the second quarter valued at about $106,000. Mountain Capital Investment Advisors Inc bought a new stake in Johnson & Johnson in the second quarter valued at about $124,000. Cerebellum GP LLC bought a new stake in Johnson & Johnson in the fourth quarter valued at about $166,000. Lenox Wealth Management Inc. increased its stake in Johnson & Johnson by 1.7% in the second quarter. Lenox Wealth Management Inc. now owns 1,457 shares of the company’s stock valued at $193,000 after acquiring an additional 24 shares during the period. Finally, Jentner Corp bought a new stake in Johnson & Johnson in the fourth quarter valued at about $209,000. Institutional investors own 67.23% of the company’s stock.

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In other news, VP Paulus Stoffels sold 155,342 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $129.86, for a total transaction of $20,172,712.12. Following the transaction, the vice president now directly owns 357,906 shares in the company, valued at $46,477,673.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

JNJ has been the topic of a number of analyst reports. BTIG Research reissued a “sell” rating and issued a $110.00 target price on shares of Johnson & Johnson in a research note on Wednesday, January 24th. Vetr cut shares of Johnson & Johnson from a “buy” rating to a “hold” rating and set a $147.40 target price on the stock. in a research note on Monday, January 8th. Credit Suisse Group set a $154.00 target price on shares of Johnson & Johnson and gave the company a “hold” rating in a research note on Monday, January 22nd. Wells Fargo reissued an “outperform” rating and issued a $160.00 target price (up previously from $155.00) on shares of Johnson & Johnson in a research note on Friday, January 12th. Finally, TheStreet cut shares of Johnson & Johnson from an “a” rating to a “c+” rating in a research note on Monday, March 26th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Johnson & Johnson currently has an average rating of “Hold” and a consensus target price of $144.03.

Shares of JNJ stock opened at $131.76 on Tuesday. Johnson & Johnson has a 1 year low of $120.95 and a 1 year high of $148.32. The company has a market cap of $350,440.66, a PE ratio of 18.05, a P/E/G ratio of 2.08 and a beta of 0.74. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51.

Johnson & Johnson (NYSE:JNJ) last announced its earnings results on Tuesday, January 23rd. The company reported $1.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.72 by $0.02. Johnson & Johnson had a net margin of 1.70% and a return on equity of 29.00%. The company had revenue of $20.20 billion for the quarter, compared to analyst estimates of $20.08 billion. During the same period in the prior year, the business earned $1.58 earnings per share. Johnson & Johnson’s quarterly revenue was up 11.5% on a year-over-year basis. research analysts predict that Johnson & Johnson will post 8.11 EPS for the current year.

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Johnson & Johnson Company Profile

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. Its Consumer segment offers baby care products under the JOHNSON'S brand; oral care products under the LISTERINE brand; beauty products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON'S Adult, LE PETITE MARSEILLAIS, NEUTROGENA, RoC, and OGX brands; over-the-counter medicines, including acetaminophen products under the TYLENOL brand; cold, flu, and allergy products under the SUDAFED brand; allergy products under the BENADRYL and ZYRTEC brands; ibuprofen products under the MOTRIN IB brand; and acid reflux products under the PEPCID brand.

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Institutional Ownership by Quarter for Johnson & Johnson (NYSE:JNJ)

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