Johnson & Johnson (JNJ) Holder Beech Hill Advisors Trimmed Its Position by $3.47 Million as Stock Rose; Reilly Herbert Faulkner Iii Decreased United Parcel Service (UPS) Stake by $370,920

February 18, 2018 - By Dolores Ford

Beech Hill Advisors Inc decreased its stake in Johnson & Johnson (JNJ) by 80.22% based on its latest 2017Q3 regulatory filing with the SEC. Beech Hill Advisors Inc sold 26,665 shares as the company’s stock rose 6.85% with the market. The institutional investor held 6,575 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $855,000, down from 33,240 at the end of the previous reported quarter. Beech Hill Advisors Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $357.71B market cap company. The stock increased 1.46% or $1.92 during the last trading session, reaching $133.15. About 7.97M shares traded or 6.53% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since February 18, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Reilly Herbert Faulkner Iii decreased its stake in United Parcel Service Inc (UPS) by 26.52% based on its latest 2017Q3 regulatory filing with the SEC. Reilly Herbert Faulkner Iii sold 3,091 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 8,563 shares of the transportation company at the end of 2017Q3, valued at $1.03 million, down from 11,654 at the end of the previous reported quarter. Reilly Herbert Faulkner Iii who had been investing in United Parcel Service Inc for a number of months, seems to be less bullish one the $91.40 billion market cap company. The stock decreased 0.93% or $1 during the last trading session, reaching $106.4. About 6.12 million shares traded or 43.18% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 18, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Gateway Advisers Ltd holds 0.62% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 599,838 shares. The Massachusetts-based Cape Cod Five Cents Bancorp has invested 0.05% in United Parcel Service, Inc. (NYSE:UPS). Davenport & Ltd Liability Corporation invested in 40,283 shares. Sunbelt Secs accumulated 3,235 shares or 0.41% of the stock. Sns Fin Grp Inc Ltd Com holds 4,217 shares or 0.13% of its portfolio. Inv House has 26,802 shares. First Bancshares Of Omaha accumulated 77,564 shares or 0.57% of the stock. Comerica National Bank has invested 0.47% in United Parcel Service, Inc. (NYSE:UPS). Proshare Limited Liability Com has invested 0.07% in United Parcel Service, Inc. (NYSE:UPS). Johnson Finance Group Inc stated it has 17,175 shares. Everett Harris Ca owns 878,629 shares. Vaughan David Il has 1.25% invested in United Parcel Service, Inc. (NYSE:UPS) for 475,856 shares. Parametrica Management Ltd reported 0.09% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Nuance Invs Ltd holds 1.58% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 189,328 shares. 1,901 were reported by Summit Financial Wealth Ltd Liability Company.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. United Parcel Service had 66 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, April 29 by Citigroup. The firm earned “Hold” rating on Thursday, October 5 by Robert W. Baird. As per Thursday, September 17, the company rating was upgraded by Zacks. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, September 1. Zacks has “Hold” rating and $110 target. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Friday, October 27 by Stifel Nicolaus. The firm earned “Hold” rating on Monday, September 25 by Cowen & Co. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Equal Weight” rating by Barclays Capital on Wednesday, February 1. Oppenheimer maintained the shares of UPS in report on Thursday, July 27 with “Buy” rating. The rating was upgraded by Citigroup to “Buy” on Tuesday, August 8. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Hold” rating by Stifel Nicolaus on Thursday, July 27.

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By1 Dolores Ford

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