Railway Pension Investments Ltd grew its holdings in shares of Johnson & Johnson (NYSE:JNJ – Get Score) by 1.4% throughout the first quarter, based on the corporate in its most up-to-date submitting with the Securities and Trade Fee. The institutional investor owned 1,247,488 shares of the corporate’s inventory after shopping for an extra 17,200 shares throughout the interval. Johnson & Johnson accounts for roughly 1.7% of Railway Pension Investments Ltd’s holdings, making the inventory its 13th greatest place. Railway Pension Investments Ltd’s holdings in Johnson & Johnson have been price $221,092,000 on the finish of the newest quarter.

Different hedge funds have additionally made adjustments to their positions within the firm. Household CFO Inc purchased a brand new stake in shares of Johnson & Johnson throughout the 4th quarter valued at $26,000. Steward Monetary Group LLC purchased a brand new stake in shares of Johnson & Johnson throughout the 4th quarter valued at $34,000. Joseph P. Lucia & Associates LLC purchased a brand new stake in shares of Johnson & Johnson throughout the 1st quarter valued at $38,000. Advocacy Wealth Administration Providers LLC boosted its stake in Johnson & Johnson by 41.4% within the 1st quarter. Advocacy Wealth Administration Providers LLC now owns 229 shares of the corporate’s inventory price $41,000 after buying an extra 67 shares within the final quarter. Lastly, Iron Horse Wealth Administration LLC boosted its stake in Johnson & Johnson by 29.9% within the 4th quarter. Iron Horse Wealth Administration LLC now owns 265 shares of the corporate’s inventory price $45,000 after buying an extra 61 shares within the final quarter. Hedge funds and different institutional buyers personal 68.78% of the corporate’s inventory.

In associated information, insider William Hait bought 29,699 shares of the inventory in a transaction that occurred on Thursday, April 21st. The shares have been bought at a median value of $183.58, for a complete worth of $5,452,142.42. Following the completion of the sale, the insider now immediately owns 80,236 shares of the corporate’s inventory, valued at roughly $14,729,724.88. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is out there at this hyperlink. Additionally, CAO Robert J. Decker bought 8,462 shares of the inventory in a transaction that occurred on Thursday, Could 26th. The inventory was bought at a median value of $180.00, for a complete transaction of $1,523,160.00. Following the completion of the sale, the chief accounting officer now immediately owns 15,473 shares of the corporate’s inventory, valued at $2,785,140. The disclosure for this sale could be discovered right here. Insiders have bought a complete of 78,161 shares of firm inventory valued at $13,895,302 within the final ninety days. Insiders personal 0.35% of the corporate’s inventory.

Shares of NYSE:JNJ opened at $175.85 on Wednesday. Johnson & Johnson has a fifty-two week low of $155.72 and a fifty-two week excessive of $186.69. The enterprise has a 50-day easy shifting common of $176.84 and a two-hundred day easy shifting common of $174.22. The corporate has a debt-to-equity ratio of 0.39, a fast ratio of 1.14 and a present ratio of 1.39. The agency has a market cap of $462.73 billion, a price-to-earnings ratio of 23.70, a price-to-earnings-growth ratio of three.53 and a beta of 0.63.

Johnson & Johnson (NYSE:JNJ – Get Score) final launched its quarterly earnings outcomes on Tuesday, April 19th. The corporate reported $2.67 EPS for the quarter, beating the consensus estimate of $2.60 by $0.07. Johnson & Johnson had a internet margin of 20.90% and a return on fairness of 36.59%. The agency had income of $23.43 billion throughout the quarter, in comparison with analyst estimates of $23.62 billion. Throughout the identical quarter within the prior yr, the agency earned $2.59 EPS. The enterprise’s income for the quarter was up 5.0% in comparison with the identical quarter final yr. As a gaggle, analysis analysts predict that Johnson & Johnson will submit 10.23 earnings per share for the present yr.

The agency additionally lately declared a quarterly dividend, which was paid on Tuesday, June seventh. Stockholders of report on Tuesday, Could 24th got a dividend of $1.13 per share. The ex-dividend date of this dividend was Monday, Could 23rd. This represents a $4.52 annualized dividend and a dividend yield of two.57%. This can be a constructive change from Johnson & Johnson’s earlier quarterly dividend of $1.06. Johnson & Johnson’s dividend payout ratio is presently 60.92%.

JNJ has been the subject of plenty of analyst studies. The Goldman Sachs Group upped their value goal on shares of Johnson & Johnson from $163.00 to $181.00 and gave the inventory a “impartial” ranking in a analysis notice on Tuesday, April 12th. Daiwa Capital Markets initiated protection on shares of Johnson & Johnson in a analysis notice on Wednesday, June 22nd. They issued an “outperform” ranking on the inventory. Citigroup dropped their value goal on shares of Johnson & Johnson from $210.00 to $205.00 in a analysis notice on Tuesday, Could 17th. Sanford C. Bernstein reduce shares of Johnson & Johnson from an “outperform” ranking to a “market carry out” ranking and upped their value goal for the inventory from $180.00 to $183.00 in a analysis notice on Wednesday, March 16th. Lastly, Morgan Stanley upped their value goal on shares of Johnson & Johnson from $173.00 to $174.00 and gave the inventory an “equal weight” ranking in a analysis notice on Friday, July eighth. 4 equities analysis analysts have rated the inventory with a maintain ranking, six have issued a purchase ranking and one has assigned a robust purchase ranking to the corporate. Based mostly on knowledge from MarketBeat.com, the inventory at the moment has a median ranking of “Reasonable Purchase” and a median value goal of $190.67.

About Johnson & Johnson (Get Score)

Johnson & Johnson, along with its subsidiaries, researches and develops, manufactures, and sells numerous merchandise within the healthcare discipline worldwide. The corporate’s Client Well being section affords child care merchandise beneath the JOHNSON’S and AVEENO Child manufacturers; oral care merchandise beneath the LISTERINE model; pores and skin well being/magnificence merchandise beneath the AVEENO, CLEAN & CLEAR, DR.

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