Dorsey & Whitney Trust Company Cut By $343,680 Its Johnson & Johnson (JNJ) Stake; Jetblue Airways Has 1.28 Sentiment

June 24, 2018 - By Marguerite Chambers

JetBlue Airways Corporation (NASDAQ:JBLU) Logo

Dorsey & Whitney Trust Company Llc decreased Johnson & Johnson (JNJ) stake by 2.43% reported in 2018Q1 SEC filing. Dorsey & Whitney Trust Company Llc sold 2,685 shares as Johnson & Johnson (JNJ)’s stock declined 8.03%. The Dorsey & Whitney Trust Company Llc holds 107,975 shares with $13.84M value, down from 110,660 last quarter. Johnson & Johnson now has $329.48B valuation. The stock increased 1.14% or $1.39 during the last trading session, reaching $122.84. About 10.31M shares traded or 54.79% up from the average. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 24, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 11/04/2018 – JOHNSON & JOHNSON JNJ.N , IMERYS SA IMTP.PA SUBSIDIARY ORDERED TO PAY $80 MLN IN PUNITIVE DAMAGES IN NEW JERSEY CASE BLAMING TALC FOR MESOTHELIOMA -COURTROOM VIDEO; 17/04/2018 – J&J – FIRST-QUARTER 2018 NET EARNINGS INCLUDED AFTER-TAX INTANGIBLE AMORTIZATION EXPENSE OF APPROXIMATELY $1.0 BLN; 02/04/2018 – J J EXPORTERS LTD JJEX.BO – APPROVAL OF RESIGNATION LETTER FROM S N JHUNJHUNWALA, EXECUTIVE CHAIRMAN; 07/03/2018 – CANADIAN NATIONAL RAILWAY CO – INTERIM PRESIDENT, CEO JJ RUEST SAID COMPANY WILL QUICKLY IMPROVE MOVEMENT OF WESTERN CANADIAN GRAIN; 12/04/2018 – Johnson & Johnson’s Janssen: INVOKANA Showed Significant Renal Protective Benefits in Patients With Type 2 Diabetes Mellitus and Chronic Kidney Disease; 11/05/2018 – Risperdal Consta (Johnson & Johnson): Global Drug Overview & Outlook 2017/2018-2026 – ResearchAndMarkets.com; 29/03/2018 – lnvokana (canagliflozin; Johnson & Johnson/Mitsubishi Tanabe/Daiichi Sankyo) Drug Analysis 2018 – ResearchAndMarkets.com; 24/04/2018 – ELI LILLY – 2018 REV GROWTH STILL EXPECTED TO BE DRIVEN BY NEW PRODUCTS INCLUDING TRULICITY, TALTZ, BASAGLAR, JARDIANCE; 07/05/2018 – REG-Genmab Announces U.S. FDA Approval of DARZALEX® (daratumumab) in Newly Diagnosed Multiple Myeloma; 28/03/2018 – Mirata BioPharma Becomes Resident Company at Johnson & Johnson Innovation JLABS

Jetblue Airways Corp (JBLU) investors sentiment increased to 1.28 in Q1 2018. It’s up 0.56, from 0.72 in 2017Q4. The ratio increased, as 162 investment professionals started new and increased holdings, while 127 reduced and sold holdings in Jetblue Airways Corp. The investment professionals in our database now own: 274.31 million shares, down from 282.84 million shares in 2017Q4. Also, the number of investment professionals holding Jetblue Airways Corp in top ten holdings was flat from 2 to 2 for the same number . Sold All: 34 Reduced: 93 Increased: 105 New Position: 57.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. The company has market cap of $6.01 billion. As of December 31, 2016, the firm operated a fleet of 37 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It has a 5.38 P/E ratio. It also served 100 destinations in 29 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.

The stock decreased 1.50% or $0.29 during the last trading session, reaching $18.98. About 4.35M shares traded. JetBlue Airways Corporation (JBLU) has declined 14.91% since June 24, 2017 and is downtrending. It has underperformed by 27.48% the S&P500. Some Historical JBLU News: 18/05/2018 – JetBlue Announces Senior Leadership Changes; 21/05/2018 – Zunum is backed by venture arms of Boeing and JetBlue; 11/04/2018 – JetBlue March Load Factor Was 89.0%; 21/05/2018 – JetBlue-backed private-jet company signs up for hybrid electric planes; 09/05/2018 – JETBLUE SEEKS 90-DAY DELAY IN STARTING NEW HAVANA ROUTES; 05/04/2018 – JETBLUE ORDER INCLUDES 15-YR PRATT ENGINE MAINTENANCE AGREEMENT; 24/04/2018 – JETBLUE AIRWAYS CORP – CONTINUES TO EXPECT ITS CASM EX-FUEL GROWTH TO INFLECT DURING SECOND HALF OF YEAR; 23/04/2018 – JetBlue has ramped up its premium service to the West Coast; 11/04/2018 – JETBLUE AIRWAYS CORP – TRAFFIC IN MARCH INCREASED 7.3 PERCENT FROM MARCH 2017, ON A CAPACITY INCREASE OF 3.3 PERCENT; 08/05/2018 – JetBlue Grows International Presence with Expanded Service in Havana and Mexico City

Analysts await JetBlue Airways Corporation (NASDAQ:JBLU) to report earnings on July, 24. They expect $0.41 earnings per share, down 35.94% or $0.23 from last year’s $0.64 per share. JBLU’s profit will be $129.76 million for 11.57 P/E if the $0.41 EPS becomes a reality. After $0.27 actual earnings per share reported by JetBlue Airways Corporation for the previous quarter, Wall Street now forecasts 51.85% EPS growth.

Since January 1, 0001, it had 0 insider buys, and 11 selling transactions for $858,378 activity.

Ratings analysis reveals 50% of JetBlue Airways’s analysts are positive. Out of 6 Wall Street analysts rating JetBlue Airways, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $21.0 while the high is $33.0. The stock’s average target of $27 is 42.26% above today’s ($18.98) share price. JBLU was included in 6 notes of analysts from September 16, 2016. The rating was initiated by Citigroup on Friday, November 18 with “Neutral”. The rating was initiated by Imperial Capital on Friday, September 16 with “Outperform”. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) earned “Hold” rating by Argus Research on Friday, January 27. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) has “Overweight” rating given on Wednesday, January 25 by JP Morgan. On Thursday, December 15 the stock rating was initiated by Barclays Capital with “Overweight”. The stock has “Mkt Perform” rating by Raymond James on Wednesday, December 21.

More important recent JetBlue Airways Corporation (NASDAQ:JBLU) news were published by: Fool.com which released: “JetBlue Could Make It Hard for the JetBlue Founder’s New Airline to Succeed” on June 23, 2018, also Seekingalpha.com published article titled: “JetBlue: A Value Opportunity”, Seekingalpha.com published: “Airline sector follows Delta lower” on June 06, 2018. More interesting news about JetBlue Airways Corporation (NASDAQ:JBLU) was released by: Nasdaq.com and their article: “A Boeing-Backed Electric Plane Start-Up Wins Its First Order” with publication date: May 26, 2018.

Wilsey Asset Management Inc holds 4.29% of its portfolio in JetBlue Airways Corporation for 387,548 shares. Nwi Management Lp owns 2.10 million shares or 3.57% of their US portfolio. Moreover, Corvex Management Lp has 2.71% invested in the company for 2.95 million shares. The Texas-based U S Global Investors Inc has invested 2.57% in the stock. Garrison Bradford & Associates Inc, a New York-based fund reported 137,000 shares.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on July, 17. They expect $2.06 EPS, up 12.57% or $0.23 from last year’s $1.83 per share. JNJ’s profit will be $5.53B for 14.91 P/E if the $2.06 EPS becomes a reality. After $2.06 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Buy Johnson & Johnson” on June 20, 2018, also Fool.com with their article: “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks” published on June 20, 2018, Seekingalpha.com published: “How Do You Feel About Johnson & Johnson?: Part IV – Today’s Editors’ Picks” on June 01, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Forbes.com and their article: “What Are Johnson & Johnson’s Key Sources Of Revenue?” published on June 20, 2018 as well as Streetinsider.com‘s news article titled: “Johnson & Johnson (JNJ) Worldwide Chairman Sandra E. Peterson to Retire” with publication date: June 22, 2018.

Dorsey & Whitney Trust Company Llc increased Ishares Tr (IJR) stake by 17,315 shares to 40,987 valued at $3.16M in 2018Q1. It also upped Alphabet Inc Cl C stake by 947 shares and now owns 6,210 shares. Guggenheim S&P 500 Equal Weight Etf (RSP) was raised too.

Since February 15, 2018, it had 0 insider purchases, and 1 sale for $20.17 million activity. 155,342 shares were sold by Stoffels Paulus, worth $20.17M on Thursday, February 15.

Investors sentiment increased to 0.93 in Q1 2018. Its up 0.06, from 0.87 in 2017Q4. It improved, as 63 investors sold JNJ shares while 831 reduced holdings. 111 funds opened positions while 720 raised stakes. 1.71 billion shares or 0.80% less from 1.72 billion shares in 2017Q4 were reported. Savant Cap Ltd Limited Liability Company stated it has 0.81% of its portfolio in Johnson & Johnson (NYSE:JNJ). Dnb Asset Mngmt As accumulated 972,634 shares or 0% of the stock. Guyasuta Invest Advisors Inc holds 3.46% or 230,350 shares in its portfolio. Meeder Asset Management has invested 0.68% in Johnson & Johnson (NYSE:JNJ). Kopp Inv Advsrs Ltd Liability Corp reported 6,072 shares. Ami Management Inc accumulated 2.42% or 29,769 shares. Maverick Capital holds 0.16% or 98,820 shares in its portfolio. 16.01M were accumulated by Goldman Sachs Grp. Moreover, Stevens Cap Lp has 0.59% invested in Johnson & Johnson (NYSE:JNJ) for 122,317 shares. 2,860 are held by Veritas Investment Mgmt (Uk). Roosevelt Inv Gru holds 2.49% in Johnson & Johnson (NYSE:JNJ) or 206,148 shares. First Wilshire Securities Mgmt owns 1,696 shares or 0.06% of their US portfolio. 163,603 were reported by Salient Tru Lta. Marshwinds Advisory Com stated it has 1.13% in Johnson & Johnson (NYSE:JNJ). Garde Capital Inc holds 6,853 shares or 0.16% of its portfolio.

JetBlue Airways Corporation (NASDAQ:JBLU) Institutional Positions Chart

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