Welch Group Cut Its Johnson & Johnson (JNJ) Position; Vera Bradley Has 1.3 Sentiment

March 23, 2018 - By Winifred Garcia

Vera Bradley, Inc., together with its subsidiaries, designs, makes, and sells womenÂ’s handbags, luggage and travel items, fashion and home accessories, and gifts. The company has market cap of $366.54 million. The firm offers totes, crossbodies, satchels, clutches, backpacks, baby, and lunch bags; accessories, inclduing wallets, wristlets, eyeglass cases, jewelry, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It has a 54.37 P/E ratio. It also provides home products consisting of mugs and tumblers, as well as textiles products, such as throw blankets, beach towels, comforters, and wellness and beauty products; offers apparel/footwear, stationery, merchandising, and gift card products; and licenses its products.

Welch Group Llc decreased Johnson & Johnson (JNJ) stake by 4.27% reported in 2017Q3 SEC filing. Welch Group Llc sold 6,398 shares as Johnson & Johnson (JNJ)’s stock rose 6.85%. The Welch Group Llc holds 143,401 shares with $18.64M value, down from 149,799 last quarter. Johnson & Johnson now has $340.01 billion valuation. The stock decreased 0.50% or $0.635 during the last trading session, reaching $126.745. About 2.79 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since March 23, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

The stock increased 0.98% or $0.1 during the last trading session, reaching $10.33. About 60,499 shares traded. Vera Bradley, Inc. (VRA) has declined 49.97% since March 23, 2017 and is downtrending. It has underperformed by 66.67% the S&P500.

Ratings analysis reveals 0 of Vera Bradley’s analysts are positive. Out of 2 Wall Street analysts rating Vera Bradley, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. VRA was included in 2 notes of analysts from October 6, 2016. The stock of Vera Bradley, Inc. (NASDAQ:VRA) has “Market Perform” rating given on Thursday, December 8 by Telsey Advisory. On Thursday, October 6 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”.

Daruma Capital Management Llc holds 0.51% of its portfolio in Vera Bradley, Inc. for 936,363 shares. Matarin Capital Management Llc owns 465,525 shares or 0.35% of their US portfolio. Moreover, Monarch Capital Management Inc has 0.25% invested in the company for 76,783 shares. The Connecticut-based Point72 Asset Management L.P. has invested 0.12% in the stock. Fuller & Thaler Asset Management Inc., a California-based fund reported 400,450 shares.

Welch Group Llc increased Intl Business Machines (NYSE:IBM) stake by 3,803 shares to 105,095 valued at $15.25M in 2017Q3. It also upped Paychex Inc (NASDAQ:PAYX) stake by 5,319 shares and now owns 284,777 shares. Leggett & Platt Inc (NYSE:LEG) was raised too.

Since February 15, 2018, it had 0 insider buys, and 1 insider sale for $20.17 million activity. Stoffels Paulus also sold $20.17 million worth of Johnson & Johnson (NYSE:JNJ) shares.

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.04, from 0.83 in 2017Q2. It improved, as 45 investors sold JNJ shares while 871 reduced holdings. 111 funds opened positions while 645 raised stakes. 1.71 billion shares or 0.90% less from 1.73 billion shares in 2017Q2 were reported. Fernwood Investment Mngmt Ltd Limited Liability Company accumulated 19,823 shares. Quantum Capital Mgmt owns 10,348 shares. Thompson Siegel Walmsley Ltd Co has 94,001 shares. Hwg Lp stated it has 57 shares. Valicenti Advisory Incorporated has 0.19% invested in Johnson & Johnson (NYSE:JNJ) for 2,948 shares. Bush Odonnell Advsrs reported 49,566 shares or 4.91% of all its holdings. Appleton Prtn Ma owns 66,626 shares or 1.46% of their US portfolio. Platinum Limited has invested 0.11% in Johnson & Johnson (NYSE:JNJ). Deprince Race & Zollo holds 0.46% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 156,763 shares. Front Barnett Assoc Lc holds 0.25% or 10,781 shares. Jackson Wealth Management Ltd Liability Company holds 1.34% or 37,063 shares in its portfolio. The California-based Neumann Mngmt Llc has invested 1.68% in Johnson & Johnson (NYSE:JNJ). Nepsis Cap Management Incorporated reported 49,203 shares or 3.3% of all its holdings. Pacific Glob Investment Mngmt holds 84,385 shares or 2.48% of its portfolio. Pineno Levin & Ford Asset Management Inc owns 54,312 shares.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on April, 17. They expect $2.01 EPS, up 9.84% or $0.18 from last year’s $1.83 per share. JNJ’s profit will be $5.39 billion for 15.76 P/E if the $2.01 EPS becomes a reality. After $1.74 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 15.52% EPS growth.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson had 91 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 31 by BMO Capital Markets. Barclays Capital maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, October 18 with “Equal-Weight” rating. Barclays Capital upgraded Johnson & Johnson (NYSE:JNJ) rating on Tuesday, December 1. Barclays Capital has “Overweight” rating and $115 target. The stock has “Neutral” rating by Piper Jaffray on Monday, October 5. The company was maintained on Friday, January 12 by Wells Fargo. The stock of Johnson & Johnson (NYSE:JNJ) earned “Hold” rating by Jefferies on Tuesday, September 13. The company was maintained on Tuesday, August 15 by Jefferies. The stock has “Buy” rating by UBS on Wednesday, July 19. UBS maintained Johnson & Johnson (NYSE:JNJ) on Thursday, August 31 with “Buy” rating. The rating was maintained by Citigroup on Monday, October 23 with “Buy”.

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