General Motors Company (GM) Market Value Declined While Cumberland Partners LTD Decreased Stake by $3.80 Million; Johnson & Johnson Com (JNJ) Stake Held by American National Bank

May 21, 2018 - By Nellie Frank

Johnson & Johnson (NYSE:JNJ) Logo

Andrew Wallach decreased its stake in General Motors Company (GM) by 47.66% based on its latest 2017Q4 regulatory filing with the SEC. Cumberland Partners Ltd sold 95,075 shares as the company’s stock declined 17.02% with the market. The hedge fund run by Andrew Wallach held 104,420 shares of the auto manufacturing company at the end of 2017Q4, valued at $4.28 million, down from 199,495 at the end of the previous reported quarter. Cumberland Partners Ltd who had been investing in General Motors Company for a number of months, seems to be less bullish one the $53.77 billion market cap company. The stock increased 0.95% or $0.3594 during the last trading session, reaching $38.1494. About 2.90M shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 21, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

American National Bank increased its stake in Johnson & Johnson Com (JNJ) by 5.95% based on its latest 2017Q4 regulatory filing with the SEC. American National Bank bought 3,309 shares as the company’s stock declined 9.21% with the market. The institutional investor held 58,898 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $8.23M, up from 55,589 at the end of the previous reported quarter. American National Bank who had been investing in Johnson & Johnson Com for a number of months, seems to be bullish on the $332.24 billion market cap company. The stock decreased 0.30% or $0.3702 during the last trading session, reaching $123.8698. About 3.04M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since May 21, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q4. Its up 0.04, from 0.83 in 2017Q3. It increased, as 35 investors sold JNJ shares while 884 reduced holdings. 143 funds opened positions while 654 raised stakes. 1.72 billion shares or 0.40% more from 1.71 billion shares in 2017Q3 were reported. Northern Cap Mgmt Lc reported 1.25% stake. Archford Strategies Ltd Liability Corp owns 20,762 shares or 1.08% of their US portfolio. Illinois-based Iron Limited Liability has invested 0.38% in Johnson & Johnson (NYSE:JNJ). Moreover, Monroe Commercial Bank And Trust Mi has 0.43% invested in Johnson & Johnson (NYSE:JNJ). Koshinski Asset Mngmt reported 27,181 shares. 204,676 are owned by Howland Cap Management Limited Liability Corp. Hilltop holds 0.64% or 20,379 shares. Bragg Advsrs accumulated 1.23% or 61,298 shares. 4,123 were accumulated by Lbmc Investment Advisors Limited Liability Corporation. Cap Planning Advsr Lc holds 2.14% or 43,560 shares. Community Tru And Investment Com invested in 117,696 shares. The Texas-based Mcdaniel Terry Communication has invested 4.44% in Johnson & Johnson (NYSE:JNJ). Greenwood Gearhart holds 2.85% or 64,039 shares. Guyasuta Invest Advsrs Inc stated it has 3.55% of its portfolio in Johnson & Johnson (NYSE:JNJ). Adell Harriman & Carpenter owns 78,389 shares or 2.32% of their US portfolio.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “ViiV Healthcare’s HIV med Juluca OK’d in Europe” on May 21, 2018, also Livetradingnews.com with their article: “Johnson & Johnson (NYSE:JNJ) Stock Oversold” published on May 03, 2018, Seekingalpha.com published: “Johnson & Johnson: Waiting On The Wave” on May 11, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Congo begins Ebola vaccinations” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Johnson & Johnson Sells Off After Earnings” with publication date: April 22, 2018.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 100 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by BTIG Research on Tuesday, January 23 with “Sell”. As per Friday, July 21, the company rating was downgraded by BTIG Research. The rating was maintained by Deutsche Bank on Wednesday, April 18 with “Buy”. The firm earned “Sell” rating on Wednesday, September 20 by Goldman Sachs. BTIG Research maintained the stock with “Sell” rating in Wednesday, August 2 report. Jefferies maintained the shares of JNJ in report on Monday, February 26 with “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) has “Neutral” rating given on Monday, October 5 by Piper Jaffray. The firm has “Hold” rating given on Thursday, August 4 by Jefferies. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, January 25. Jefferies maintained the stock with “Hold” rating in Tuesday, August 15 report.

American National Bank, which manages about $354.35 million US Long portfolio, decreased its stake in Boeing Co Com (NYSE:BA) by 4,178 shares to 20,839 shares, valued at $6.15 million in 2017Q4, according to the filing. It also reduced its holding in Vanguard Small Cap (VB) by 3,384 shares in the quarter, leaving it with 119,558 shares, and cut its stake in Mckesson Corp Com (NYSE:MCK).

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $20.17 million activity.

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company had 94 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of General Motors Company (NYSE:GM) has “Buy” rating given on Tuesday, August 9 by Seaport Global. UBS maintained the shares of GM in report on Wednesday, October 11 with “Buy” rating. The firm has “Buy” rating by Bank of America given on Wednesday, February 7. RBC Capital Markets maintained General Motors Company (NYSE:GM) on Thursday, October 5 with “Sector Perform” rating. As per Friday, March 31, the company rating was maintained by Tigress Financial. Barclays Capital maintained it with “Hold” rating and $36 target in Monday, September 21 report. Credit Suisse upgraded it to “Outperform” rating and $38 target in Monday, January 11 report. The stock has “Equalweight” rating by Barclays Capital on Monday, January 25. The firm has “Buy” rating by Deutsche Bank given on Monday, September 25. The firm has “Hold” rating given on Sunday, August 27 by RBC Capital Markets.

More notable recent General Motors Company (NYSE:GM) news were published by: Globenewswire.com which released: “General Motors (GM) Recognizes Lydall for Performance, Quality, and Innovation” on May 07, 2018, also Globenewswire.com with their article: “GM Recognizes AK Steel for Performance, Quality, and Innovation” published on April 24, 2018, Seekingalpha.com published: “GM Korea avoids bankruptcy with wage deal” on April 23, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: “Investment plan increase for GM Korea” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “GM goes dark on monthly auto sales” with publication date: May 01, 2018.

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 24. They expect $1.82 EPS, down 3.70% or $0.07 from last year’s $1.89 per share. GM’s profit will be $2.57 billion for 5.24 P/E if the $1.82 EPS becomes a reality. After $1.43 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

General Motors Company (NYSE:GM) Institutional Positions Chart

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By1 Nellie Frank

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