Fagan Associates Has Increased Its Holding in Johnson & Johnson (JNJ) by $611,991 as Share Value Declined; As Time Warner Com Us$0.01 (TWX) Stock Declined, Waverton Investment Management LTD Has Raised Its Holding by $33.54 Million

June 29, 2018 - By wolcottdaily

Time Warner Inc. (NYSE:TWX) Logo

Fagan Associates Inc increased its stake in Johnson & Johnson (JNJ) by 2.34% based on its latest 2018Q1 regulatory filing with the SEC. Fagan Associates Inc bought 477 shares as the company’s stock declined 8.03% with the market. The institutional investor held 20,865 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $26.78 million, up from 20,388 at the end of the previous reported quarter. Fagan Associates Inc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $329.74 billion market cap company. The stock increased 0.77% or $0.94 during the last trading session, reaching $122.94. About 2.02 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 29, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 16/03/2018 – J&J SAYS DEAL CONTEMPLATED IN GUIDANCE PROVIDED JAN. 23; 26/03/2018 – Open trade is ultimately in ‘everyone’s best interest,’ Johnson & Johnson CEO says; 29/03/2018 – Arkansas sues opioid manufacturers for roles in epidemic; 11/04/2018 – PUNITIVE DAMAGES AWARD BRINGS TOTAL PAYMENT TO $117 MLN IN THE CASE, INCLUDING $37 MLN IN COMPENSATORY DAMAGES; 09/04/2018 – J&J Faces Talc Penalty in Continuing Legal Case (Corret); 21/05/2018 – J&J: EMBOTRAP II STENT RETRIEVER FOR ISCHEMIC STROKE; 03/05/2018 – Protagonist Therapeutics Announces Oral Presentation Accepted for Digestive Diseases Week Conference; 15/03/2018 – J&J’s blockbuster hopeful erdafitinib gets ‘breakthrough’ moniker $JNJ @BrittanyMeiling; 29/05/2018 – #3 Genmab takes a hit after J&J sounds retreat on cancer combos, as patient deaths force researches to scrap trials; 05/04/2018 – J&J, lmerys must pay $37 mln in case over talc cancer risks -jury

Waverton Investment Management Ltd increased its stake in Time Warner Inc Com Us$0.01 (TWX) by 2764.74% based on its latest 2018Q1 regulatory filing with the SEC. Waverton Investment Management Ltd bought 356,790 shares as the company’s stock declined 1.16% with the market. The institutional investor held 369,695 shares of the television services company at the end of 2018Q1, valued at $34.97M, up from 12,905 at the end of the previous reported quarter. Waverton Investment Management Ltd who had been investing in Time Warner Inc Com Us$0.01 for a number of months, seems to be bullish on the $77.27B market cap company. It closed at $98.77 lastly. It is down 5.23% since June 29, 2017 and is downtrending. It has underperformed by 17.80% the S&P500. Some Historical TWX News: 19/03/2018 – Will an AT&T-Time Warner Merger Diminish Competition? (Video); 30/05/2018 – STEPHENSON SAYS AT&T’S WASHINGTON STAFF HIRED TRUMP LAWYER MICHAEL COHEN AFTER COHEN APPROACHED THEM; 26/04/2018 – TIME WARNER INC – QTRLY WARNER BROS REVENUES DECREASED 4% ($127 MLN) TO $3.2 BLN; 17/05/2018 – AT&T to Carry the First Holographic Smartphone: RED HYDROGEN ONE; 20/03/2018 – OPENING STATEMENTS IN THE TRIAL TO DECIDE IF AT&T MAY BUY TIME WARNER WERE DELAYED UNTIL THURSDAY BECAUSE OF BAD WEATHER IN WASHINGTON; 15/05/2018 – AT&T INC – PLANS TO REACH 500 MARKETS WITH 5G EVOLUTION BY END OF 2018; 26/04/2018 – Time Warner reported a better-than-expected quarterly revenue; 15/05/2018 – VIACOM INC VIAB.O – AT&T AND TIME WARNER, l CERTAINLY DIDN’T EXPECT THAT DEAL TO BE SUBJECT TO THE SITUATION IT’S IN NOW-CEO, CONF CALL; 28/05/2018 – Antitrust professor: AT&T-Time Warner merger is in trouble; 07/05/2018 – Update: Comcast is planning an all-cash bid to top Walt Disney’s $52 billion deal to acquire most of 21st Century Fox’s assets, if the U.S. government approves AT&T’s acquisition of Time Warner, sources tell CNBC

Among 41 analysts covering Time Warner Inc. (NYSE:TWX), 15 have Buy rating, 0 Sell and 26 Hold. Therefore 37% are positive. Time Warner Inc. had 129 analyst reports since August 6, 2015 according to SRatingsIntel. M Partners maintained it with “Buy” rating and $105 target in Monday, August 3 report. The stock has “Buy” rating by Citigroup on Friday, August 14. The rating was downgraded by Moffett Nathanson on Monday, October 24 to “Neutral”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, September 15 report. The firm earned “Hold” rating on Wednesday, April 25 by BMO Capital Markets. Brean Capital downgraded the shares of TWX in report on Friday, December 23 to “Hold” rating. The rating was maintained by Topeka Capital Markets on Thursday, October 8 with “Buy”. Bernstein downgraded Time Warner Inc. (NYSE:TWX) rating on Thursday, August 20. Bernstein has “Market Perform” rating and $90 target. The stock of Time Warner Inc. (NYSE:TWX) has “Buy” rating given on Monday, March 12 by UBS. The stock of Time Warner Inc. (NYSE:TWX) has “Sector Weight” rating given on Monday, May 2 by Pacific Crest.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “Stocks To Watch: Focus On E3, IHOP/b And The World Cup” on June 09, 2018, also Fool.com with their article: “Better Buy: The Walt Disney Company vs. Time Warner” published on May 31, 2018, Streetinsider.com published: “After-Hours Stock Movers 06/12: (ENPH) (FOXA) (TWX) Higher; (VTVT) (HRB) (OXM) Lower (more…)” on June 12, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Seekingalpha.com and their article: “AT&T: Ignore The Noise, Follow The Fundamentals” published on June 09, 2018 as well as Seekingalpha.com‘s news article titled: “Vanity Fair: Zucker staying at CNN through ’20 election” with publication date: June 13, 2018.

Waverton Investment Management Ltd, which manages about $8.07 billion and $1.71 billion US Long portfolio, decreased its stake in Baidu Inc Ads Each Repr 0.10 Ord Class ‘A’ Share (NASDAQ:BIDU) by 22,422 shares to 344,792 shares, valued at $76.95M in 2018Q1, according to the filing. It also reduced its holding in Verizon Communications Com Us$0.10 (NYSE:VZ) by 8,264 shares in the quarter, leaving it with 222,420 shares, and cut its stake in Owens (NYSE:OI).

Since February 5, 2018, it had 0 insider purchases, and 2 insider sales for $766,866 activity. 4,019 shares valued at $390,647 were sold by BARR WILLIAM P on Monday, February 5.

Investors sentiment increased to 0.98 in 2018 Q1. Its up 0.07, from 0.91 in 2017Q4. It is positive, as 68 investors sold TWX shares while 336 reduced holdings. 98 funds opened positions while 299 raised stakes. 589.17 million shares or 1.52% less from 598.25 million shares in 2017Q4 were reported. Burt Wealth Advisors holds 1,179 shares. King Street Cap Mgmt Ltd Partnership reported 8.23% stake. Evergreen Cap Mgmt Ltd Liability has 4,798 shares for 0.04% of their portfolio. E&G Advsr Ltd Partnership stated it has 15,300 shares. Stifel Corporation owns 707,916 shares or 0.21% of their US portfolio. Northern Cap Management Ltd Liability Company has invested 0.7% in Time Warner Inc. (NYSE:TWX). Mason Street Advsrs Ltd Com holds 108,631 shares. Gabelli Company Invest Advisers reported 5.79% in Time Warner Inc. (NYSE:TWX). Reaves W H & Co holds 2.14% or 639,911 shares in its portfolio. Manikay Ltd Liability holds 1.79 million shares. 148,720 are held by Markston Intll Ltd Liability Co. Park Natl Oh holds 0.01% or 2,390 shares. Stone Ridge Asset Mngmt Lc stated it has 3,523 shares. Fort Limited Partnership invested 2.02% in Time Warner Inc. (NYSE:TWX). Kemnay Advisory reported 3.13% in Time Warner Inc. (NYSE:TWX).

Among 24 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 8 Hold. Therefore 46% are positive. Johnson & Johnson had 103 analyst reports since August 7, 2015 according to SRatingsIntel. Wells Fargo maintained the stock with “Buy” rating in Wednesday, October 18 report. The rating was maintained by UBS with “Buy” on Thursday, August 31. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Wednesday, October 18 by Argus Research. The stock of Johnson & Johnson (NYSE:JNJ) has “Neutral” rating given on Tuesday, January 2 by JP Morgan. The stock has “Sell” rating by BTIG Research on Friday, July 21. The stock of Johnson & Johnson (NYSE:JNJ) has “Underweight” rating given on Friday, July 21 by Alembic. The firm has “Buy” rating given on Wednesday, October 18 by RBC Capital Markets. Cowen & Co maintained the shares of JNJ in report on Tuesday, June 13 with “Buy” rating. As per Tuesday, August 15, the company rating was maintained by Jefferies. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Tuesday, June 14 with “Hold” rating.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Johnson & Johnson: Strong Company, But Won’t Fit In Most Portfolios” on June 21, 2018, also Forbes.com with their article: “What Are Johnson & Johnson’s Key Sources Of Revenue?” published on June 20, 2018, Seekingalpha.com published: “Recent Purchase: Johnson & Johnson” on June 14, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “How Do You Feel About Johnson & Johnson?: Part IV – Today’s Editors’ Picks” published on June 01, 2018 as well as Fool.com‘s news article titled: “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks” with publication date: June 20, 2018.

Investors sentiment increased to 0.93 in 2018 Q1. 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. Nadler Fincl Gp invested in 9,011 shares or 0.36% of the stock. 4,161 are held by Shikiar Asset Mgmt. Hamel has 0.57% invested in Johnson & Johnson (NYSE:JNJ). Citigroup Incorporated reported 0.13% of its portfolio in Johnson & Johnson (NYSE:JNJ). Shine Invest Advisory Ser has invested 0.13% in Johnson & Johnson (NYSE:JNJ). 43,229 are held by Capital Planning Advisors. Wellcome Tru Limited (The) As Trustee Of The Wellcome Tru, a United Kingdom-based fund reported 1.70M shares. 8.56M were reported by Parametric Portfolio Ltd Liability Corp. Fuller Thaler Asset Mngmt holds 0.01% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 8,800 shares. Bluefin Trading Ltd stated it has 20,955 shares or 0.18% of all its holdings. Omers Administration holds 549,057 shares or 0.68% of its portfolio. Richard C Young Company Limited holds 69,657 shares. 6,764 are held by Alphamark Advisors Limited Com. Old Mutual Customised Solutions (Proprietary) Ltd invested in 2.02% or 154,605 shares. Toth Advisory Corp holds 1.64% or 52,611 shares in its portfolio.

Fagan Associates Inc, which manages about $226.97M and $234.58 million US Long portfolio, decreased its stake in Ishares Tr (PFF) by 10,243 shares to 17,585 shares, valued at $660,000 in 2018Q1, according to the filing. It also reduced its holding in Celgene Corp (NASDAQ:CELG) by 4,342 shares in the quarter, leaving it with 26,138 shares, and cut its stake in Conocophillips (NYSE:COP).

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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