Chevron Corp. (CVX) Shareholder Nelson Roberts Investment Advisors Has Boosted Holding by $1.78 Million; Pinnacle Associates LTD Increases Stake in Johnson & Johnson (JNJ)

June 13, 2018 - By Kurt Siggers

Chevron Corporation (NYSE:CVX) Logo

Nelson Roberts Investment Advisors Llc increased its stake in Chevron Corp. (CVX) by 30.43% based on its latest 2018Q1 regulatory filing with the SEC. Nelson Roberts Investment Advisors Llc bought 15,635 shares as the company’s stock rose 6.62% while stock markets declined. The institutional investor held 67,022 shares of the integrated oil company at the end of 2018Q1, valued at $7.64M, up from 51,387 at the end of the previous reported quarter. Nelson Roberts Investment Advisors Llc who had been investing in Chevron Corp. for a number of months, seems to be bullish on the $242.83B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $127.07. About 6.11M shares traded. Chevron Corporation (NYSE:CVX) has risen 16.25% since June 13, 2017 and is uptrending. It has outperformed by 3.68% the S&P500. Some Historical CVX News: 31/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/31/2018 08:04 PM; 18/05/2018 – AMYRIS INC – TERMS OF TRANSACTION WERE NOT DISCLOSED; 26/03/2018 – CHEVRON SEES 2ND WHEATSTONE TRAIN STARTING IN 2Q 2018; 27/04/2018 – CHEVRON CFO: NEED TO SEE SUSTAINED CASH FLOWS BEFORE BUYBACKS; 18/05/2018 – Amyris Sustainable Lubricants Joint Venture Company, Novvi, and Chevron Enter Agreement To Develop and Bring To Market New Rene; 29/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/29/2018 04:03 PM; 29/03/2018 – REPSOL, WINTERSHALL AND CHEVRON WIN BLOCK IN CAMPOS BASIN IN BRAZIL OIL AUCTION; 03/05/2018 – OIL TENDER: Pertamina Is Said to Buy Escravos From Chevron; 30/05/2018 – CHEVRON CORP – ABOUT 76 PERCENT OF VOTES CAST WERE VOTED AGAINST STOCKHOLDER PROPOSAL TO REQUIRE AN INDEPENDENT CHAIRMAN; 21/03/2018 – Record U.S. oil offshore lease sale to test Trump energy push

Pinnacle Associates Ltd increased its stake in Johnson & Johnson (JNJ) by 5.45% based on its latest 2018Q1 regulatory filing with the SEC. Pinnacle Associates Ltd bought 11,273 shares as the company’s stock declined 8.03% with the market. The institutional investor held 217,997 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $27.94 million, up from 206,724 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $328.91B market cap company. The stock increased 0.07% or $0.09 during the last trading session, reaching $122.63. About 5.69 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 13, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 11/03/2018 – JANSSEN: INVOKANA SIG CUTS RISK HEART FAILURE-RELATED OUTCOMES; 25/05/2018 – J&J Jury Asks Judge to Slap Cancer Warning Label on Baby Powder; 26/04/2018 – Johnson & Johnson Raises Quarterly Dividend to 90c Vs. 84c; 17/04/2018 – J&J SEES FY SALES $81.0B TO $81.8B, EST. $81.19B; 17/04/2018 – J&J – DISCUSSIONS REGARDING SPECIFIC FUTURE ACTIONS IN GLOBAL SUPPLY CHAIN ARE ONGOING; 05/04/2018 – Johnson & Johnson Institute Adds Innovative Analytics-Based Learning Platform to Help Surgeons Improve Technical Skills and Cli; 09/03/2018 – STAT Plus: Pharmalittle: J&J says average prices paid for its drugs declined; feds will use false claims to crack down on opioid abuse; 30/05/2018 – $SAN.FR, JNJ, MRK: Trump: In two weeks, big drug companies are going to announce a “voluntary, massive” drop in prices – ! $SAN.FR $JNJ $MRK; 17/04/2018 – Johnson & Johnson 1Q Net $4.37B; 17/04/2018 – JNJ 1Q EARNINGS CALL BEGINS

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. Toronto Dominion Bancorp invested 0.47% in Johnson & Johnson (NYSE:JNJ). Stifel Financial Corporation reported 2.05 million shares. Westwood Mgmt Il owns 4,850 shares. Clarkston Cap Prtnrs Limited reported 1.26% in Johnson & Johnson (NYSE:JNJ). West Coast Llc reported 9,521 shares or 0.35% of all its holdings. X Mngmt Co Limited Co stated it has 5,036 shares. The California-based Skba Cap Mngmt Llc has invested 0.05% in Johnson & Johnson (NYSE:JNJ). Greenwich Wealth Mgmt Ltd Liability Company has invested 0.08% in Johnson & Johnson (NYSE:JNJ). Clearbridge Investments Ltd holds 10.23M shares or 1.24% of its portfolio. Truepoint Inc holds 0% in Johnson & Johnson (NYSE:JNJ) or 370 shares. Old Dominion Capital Management has 6,417 shares. Eagle Ridge Invest Management accumulated 25,895 shares. Btr Cap holds 93,452 shares or 2.4% of its portfolio. Palo Capital Incorporated reported 3.36% in Johnson & Johnson (NYSE:JNJ). American Money Ltd Liability Corp reported 2.25% of its portfolio in Johnson & Johnson (NYSE:JNJ).

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

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 102 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Friday, March 23 with “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) earned “Underweight” rating by Alembic on Friday, July 21. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, October 7. As per Friday, May 20, the company rating was initiated by Standpoint Research. The stock has “Buy” rating by Argus Research on Wednesday, April 20. The stock has “Sell” rating by BTIG Research on Wednesday, August 2. Atlantic Securities initiated Johnson & Johnson (NYSE:JNJ) on Friday, December 18 with “Neutral” rating. The stock of Johnson & Johnson (NYSE:JNJ) earned “Hold” rating by Stifel Nicolaus on Wednesday, October 18. The stock has “Buy” rating by BMO Capital Markets on Tuesday, October 17. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Buy”.

Pinnacle Associates Ltd, which manages about $6.31B and $5.10B US Long portfolio, decreased its stake in Cognex Corp (NASDAQ:CGNX) by 69,911 shares to 1.73M shares, valued at $89.73 million in 2018Q1, according to the filing. It also reduced its holding in Interxion Holding N.V (NYSE:INXN) by 58,684 shares in the quarter, leaving it with 1.29 million shares, and cut its stake in Vishay Intertechnology Inc (NYSE:VSH).

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Fortive buys J&J’s sterilization business for $2.7B” on June 06, 2018, also Streetinsider.com with their article: “Johnson & Johnson (JNJ) Announces Acceptance of Binding Offer From Platinum Equity To Acquire LifeScan for $2.1 …” published on June 12, 2018, Livetradingnews.com published: “Johnson & Johnson (NYSE:JNJ) Stock Worth Watching” on June 04, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Fool.com and their article: “Better Buy: Verizon Communications Inc. vs. Johnson & Johnson” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Johnson & Johnson: Recent Price Drop Offers Opportunity” with publication date: June 13, 2018.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.09, from 0.99 in 2017Q4. It worsened, as 55 investors sold CVX shares while 718 reduced holdings. 114 funds opened positions while 579 raised stakes. 1.19 billion shares or 0.11% more from 1.19 billion shares in 2017Q4 were reported. Ing Groep Nv invested in 624,999 shares or 1.29% of the stock. Schulhoff & accumulated 30,101 shares or 2.02% of the stock. 23,052 are held by Baxter Bros. Grassi Invest invested in 78,410 shares or 1.45% of the stock. Stifel Financial Corporation has invested 0.67% in Chevron Corporation (NYSE:CVX). Winslow Asset owns 14,889 shares or 0.33% of their US portfolio. Norinchukin National Bank & Trust The holds 0.78% in Chevron Corporation (NYSE:CVX) or 408,193 shares. Keating Investment Counselors Inc holds 0.55% of its portfolio in Chevron Corporation (NYSE:CVX) for 10,551 shares. Duff And Phelps Invest holds 20,435 shares. Somerville Kurt F reported 0.79% in Chevron Corporation (NYSE:CVX). Utah Retirement System reported 0.86% stake. Credit Suisse Ag owns 3.87 million shares for 0.41% of their portfolio. Partnervest Advisory Services Ltd has invested 0.7% of its portfolio in Chevron Corporation (NYSE:CVX). Wedge Capital Mgmt L LP Nc owns 127,520 shares. Blume Mngmt holds 0.32% or 5,031 shares in its portfolio.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Oil majors ask judge to reject New York City climate lawsuit” on June 13, 2018, also Seekingalpha.com with their article: “FT: Exxon, Chevron accused over tax secrecy” published on June 06, 2018, Seekingalpha.com published: “Alberto affecting Gulf oil production” on May 28, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Chevron: Bullish Off-Season Asian LNG Pricing” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Chevron appoints Brazil chief to lead Venezuela operations” with publication date: June 09, 2018.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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