Johnson & Johnson (JNJ) Holder Phocas Financial Lowered Stake by $17.86 Billion as Share Price Rose; Avalon Global Asset Management Has Cut Its Kroger Co (KR) Position by $4.35 Million as Share Price Declined

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Phocas Financial Corp decreased its stake in Johnson & Johnson (JNJ) by 99.99% based on its latest 2018Q3 regulatory filing with the SEC. Phocas Financial Corp sold 129.45 million shares as the company’s stock rose 5.87% while stock markets declined. The institutional investor held 12,677 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $1.75M, down from 129.46M at the end of the previous reported quarter. Phocas Financial Corp who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $343.70B market cap company. The stock decreased 1.23% or $1.6 during the last trading session, reaching $128.15. About 2.75 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 3.75% since January 14, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical JNJ News: 18/04/2018 – Kentucky Gov. Matt Bevin slams state AG’s lawsuit against J&J: ‘These are political moves’; 30/05/2018 – JANSSEN SAYS PLANNED START OF PHASE 1B/2 STUDY FOR MULTIPLE MYELOMA IS SCHEDULED TO BEGIN ENROLLMENT IN SECOND HALF OF 2018; 11/04/2018 – JOHNSON & JOHNSON VISION – ANNOUNCED ACUVUE OASYS WITH TRANSITIONS LIGHT INTELLIGENT TECHNOLOGY CONTACT LENS; 16/03/2018 – J&J says it’s received a $2.1 billion bid for LifeScan diabetes business; 21/05/2018 – Johnson & Johnson Vision Launches New Corporate Website; 01/05/2018 – Johnson & Johnson Vision Presents New Data on Silicone Hydrogel Contact Lens Muco-Adhesive Properties; 23/05/2018 – ADVISORY: JJ Ruest, CN interim president and chief executive officer, to address the Bernstein Strategic Decisions Conference in New York on May 31; 16/03/2018 – J&J – TRANSACTION WAS CONTEMPLATED IN COMPANY’S GUIDANCE PROVIDED ON JANUARY 23, 2018; 20/03/2018 – Johnson & Johnson Chief Financial Officer Dominic Caruso to Retire; 26/04/2018 – J&J REPORTS DIV BOOST OF 7.1% TO 90C/SHR, EST. 88C

Avalon Global Asset Management Llc decreased its stake in Kroger Co (KR) by 60% based on its latest 2018Q3 regulatory filing with the SEC. Avalon Global Asset Management Llc sold 150,000 shares as the company’s stock declined 9.32% with the market. The hedge fund held 100,000 shares of the food chains company at the end of 2018Q3, valued at $2.91 million, down from 250,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Kroger Co for a number of months, seems to be less bullish one the $22.56 billion market cap company. The stock decreased 0.51% or $0.15 during the last trading session, reaching $28.28. About 1.93M shares traded. The Kroger Co. (NYSE:KR) has risen 8.52% since January 14, 2018 and is uptrending. It has outperformed by 8.52% the S&P500. Some Historical KR News: 23/03/2018 – Kroger, Target jump on merger report; 06/04/2018 – Home Chef in sale talks with Kroger; 17/05/2018 – Kroger’s E-Commerce Deal Seen as Warning Shot in Grocery Battle; 07/03/2018 – Kroger to Participate in Bank of America Merrill Lynch 2018 Consumer & Retail Technology Conference; 09/03/2018 – Kroger Forecast Adds to Sector’s Cyclone of Squeezed Margins; 20/04/2018 – Kroger Announces $1.2 B Accelerated Shr Repurchase Program; 11/03/2018 – Techmeme: Source: online bulk-order wholesaler Boxed has rejected a $400M acquisition offer from Kroger and will instead pursue; 23/03/2018 – Supermarket News: No truth to Kroger-Target merger talks; 17/05/2018 – Kroger Partners with Ocado to Serve Customers Anything, Anytime, Anywhere in U.S; 20/04/2018 – Kroger Announced New $1.2 Billion Share Repurchase Program, Paid For With Convenience Store Sale — MarketWatch

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Livetradingnews.com which released: “Johnson & Johnson (NYSE:JNJ) 2019 – Live Trading News” on January 02, 2019, also Seekingalpha.com with their article: “Indian regulator issues Baby Powder order to J&J – Seeking Alpha” published on December 21, 2018, Seekingalpha.com published: “Johnson & Johnson: Remember ‘Our Credo’? – Seeking Alpha” on January 12, 2019. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “EUSA Pharma acquires global rights to SYLVANT – Seeking Alpha” published on January 09, 2019 as well as Seekingalpha.com‘s news article titled: “Latest trial over J&J’s talc-based products – Seeking Alpha” with publication date: January 08, 2019.

Since August 27, 2018, it had 3 insider buys, and 8 selling transactions for $79.44 million activity. Kapusta Ronald A sold $1.23M worth of stock or 8,441 shares. PRINCE CHARLES had bought 2,000 shares worth $268,731. $100,050 worth of stock was bought by MULCAHY ANNE M on Friday, December 14. Gorsky Alex had sold 264,465 shares worth $38.60 million on Friday, November 16. $24.41M worth of stock was sold by Fasolo Peter on Monday, December 3. Shares for $3.91 million were sold by Sneed Michael E.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 22 before the open. They expect $1.95 EPS, up 12.07% or $0.21 from last year’s $1.74 per share. JNJ’s profit will be $5.23 billion for 16.43 P/E if the $1.95 EPS becomes a reality. After $2.05 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

Investors sentiment increased to 1.05 in Q3 2018. Its up 0.08, from 0.97 in 2018Q2. It improved, as 43 investors sold JNJ shares while 748 reduced holdings. 115 funds opened positions while 719 raised stakes. 1.70 billion shares or 7.91% less from 1.84 billion shares in 2018Q2 were reported. Employees Retirement Of Texas owns 470,700 shares. Moreno Evelyn V holds 1.99% or 51,380 shares. Hite Hedge Asset Mgmt Limited Company accumulated 2,771 shares. Parsons Management Ri invested in 131,638 shares or 1.92% of the stock. Janney Montgomery Scott has invested 1.07% in Johnson & Johnson (NYSE:JNJ). Arrowmark Colorado Llc has invested 0.01% in Johnson & Johnson (NYSE:JNJ). 16,560 are held by Waverton Inv Mngmt Limited. Fulton Breakefield Broenniman Ltd Liability Corporation invested 2.43% in Johnson & Johnson (NYSE:JNJ). Bush Odonnell Advisors owns 15,803 shares or 3.35% of their US portfolio. Sol Capital Mgmt Company has 0.47% invested in Johnson & Johnson (NYSE:JNJ). 13,528 were reported by Neumann Capital Mngmt Ltd Liability Corporation. Amica Pension Fund Board Of Trustees invested in 1.65% or 92,086 shares. Norris Perne French Llp Mi invested 1.85% in Johnson & Johnson (NYSE:JNJ). 35,833 were accumulated by Intersect Capital Ltd Com. Amica Mutual Insur holds 1.39% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 97,176 shares.

Among 25 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 4 Sell and 9 Hold. Therefore 48% are positive. Johnson & Johnson had 110 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Friday, July 14. Jefferies maintained the shares of JNJ in report on Thursday, July 14 with “Hold” rating. The company was maintained on Tuesday, August 15 by Jefferies. The stock of Johnson & Johnson (NYSE:JNJ) earned “Hold” rating by Societe Generale on Wednesday, April 6. The stock has “Buy” rating by Credit Suisse on Thursday, October 19. As per Sunday, August 27, the company rating was maintained by RBC Capital Markets. Wells Fargo maintained it with “Buy” rating and $160.0 target in Tuesday, February 6 report. The stock of Johnson & Johnson (NYSE:JNJ) has “Neutral” rating given on Monday, March 14 by Goldman Sachs. The firm has “Hold” rating by Jefferies given on Friday, June 16. As per Friday, April 20, the company rating was maintained by Credit Suisse.

Phocas Financial Corp, which manages about $1.01B and $1.14 billion US Long portfolio, upped its stake in Williams Sonoma Inc (NYSE:WSM) by 48,803 shares to 93,988 shares, valued at $6.18M in 2018Q3, according to the filing. It also increased its holding in Ani Pharmaceuticals Inc. (NASDAQ:ANIP) by 55,064 shares in the quarter, for a total of 96,805 shares, and has risen its stake in Cypress Semiconductor (NASDAQ:CY).

More notable recent The Kroger Co. (NYSE:KR) news were published by: Investorplace.com which released: “Kroger Stock Could Be So Much More – Investorplace.com” on January 14, 2019, also Benzinga.com with their article: “What To Make Of Longtime Kroger CFO’s Retirement (NYSE:KR) – Benzinga” published on December 18, 2018, Benzinga.com published: “Kroger (NYSE:KR), Microsoft (NASDAQ:MSFT) Team Up For Challenge To Amazon (NASDAQ:AMZN)’s Grocery Play – Benzinga” on January 08, 2019. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “Will Kroger Really Go the Way of Sears? – The Motley Fool” published on December 26, 2018 as well as Benzinga.com‘s news article titled: “Kroger Company (The) (NYSE:KR), Wal-Mart Stores, Inc. (NYSE:WMT) – Autonomous Cargo Vans To Deliver Walmart’s Groceries With Udelv – Benzinga” with publication date: January 08, 2019.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on March, 14. They expect $0.50 EPS, down 20.63% or $0.13 from last year’s $0.63 per share. KR’s profit will be $398.94M for 14.14 P/E if the $0.50 EPS becomes a reality. After $0.48 actual EPS reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.

Avalon Global Asset Management Llc, which manages about $132.23 million and $289.60M US Long portfolio, upped its stake in Proofpoint Inc (NASDAQ:PFPT) by 5,000 shares to 50,000 shares, valued at $5.32M in 2018Q3, according to the filing. It also increased its holding in Splunk Inc (NASDAQ:SPLK) by 74,220 shares in the quarter, for a total of 94,220 shares, and has risen its stake in Palo Alto Networks Inc (NYSE:PANW).

Investors sentiment decreased to 0.9 in 2018 Q3. Its down 0.14, from 1.04 in 2018Q2. It dived, as 57 investors sold KR shares while 248 reduced holdings. 91 funds opened positions while 182 raised stakes. 597.32 million shares or 1.00% less from 603.37 million shares in 2018Q2 were reported. Moreover, Massachusetts Fincl Services Ma has 0.02% invested in The Kroger Co. (NYSE:KR). Delta Asset Mgmt Limited Liability Company Tn reported 2,100 shares. Murphy Capital, a New Jersey-based fund reported 26,120 shares. Park Corporation Oh invested in 0.05% or 32,948 shares. Eaton Vance Mgmt reported 0.03% stake. Nuwave Invest Management Llc holds 0% or 26 shares. Moreover, Creative Planning has 0.01% invested in The Kroger Co. (NYSE:KR) for 72,832 shares. The Idaho-based Selway Asset Management has invested 0.12% in The Kroger Co. (NYSE:KR). Axa owns 57,492 shares. Regent Investment Management Limited Liability Corp reported 15,500 shares or 0.14% of all its holdings. Moreover, Nj State Employees Deferred Compensation Plan has 0.1% invested in The Kroger Co. (NYSE:KR) for 21,000 shares. Wealthtrust accumulated 45 shares. Cornerstone Advsrs reported 86,000 shares. 10,091 were reported by Tiverton Asset Mgmt Ltd Limited Liability Company. Shell Asset Mngmt reported 62,610 shares or 0.04% of all its holdings.

Since July 19, 2018, it had 0 insider buys, and 13 selling transactions for $5.74 million activity. KROPF SUSAN J sold $369,551 worth of stock. Another trade for 1,850 shares valued at $57,739 was made by Adcock Mary Ellen on Monday, November 12. Sharp Erin S also sold $734,106 worth of The Kroger Co. (NYSE:KR) on Tuesday, September 18. Shares for $811,040 were sold by DONNELLY MICHAEL JOSEPH. 5,760 The Kroger Co. (NYSE:KR) shares with value of $170,508 were sold by BEYER ROBERT D. Shares for $592,999 were sold by SCHLOTMAN J MICHAEL.

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 1 Sell and 19 Hold. Therefore 46% are positive. Kroger had 126 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Monday, May 15. The company was downgraded on Tuesday, August 2 by BMO Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Monday, August 28 report. BMO Capital Markets maintained The Kroger Co. (NYSE:KR) rating on Thursday, June 8. BMO Capital Markets has “Hold” rating and $3200 target. On Thursday, June 21 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Buy” rating by Deutsche Bank given on Friday, June 17. The rating was maintained by Jefferies on Monday, September 11 with “Hold”. The firm has “Neutral” rating given on Friday, March 9 by Bank of America. The rating was initiated by Wells Fargo on Friday, December 18 with “Outperform”. The firm has “Strong Buy” rating given on Monday, September 14 by S&P Research.

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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