Cisco Sys (CSCO) Shareholder Joel Isaacson & Company Decreased Its Holding as Market Value Declined; Beaumont Financial Partners Trimmed Its Johnson & Johnson (JNJ) Position by $352,300 as Market Valuation Rose

January 14, 2018 - By Peter Erickson

Joel Isaacson & Company Llc decreased its stake in Cisco Sys Inc (CSCO) by 66.63% based on its latest 2017Q3 regulatory filing with the SEC. Joel Isaacson & Company Llc sold 34,805 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 17,431 shares of the technology company at the end of 2017Q3, valued at $586,000, down from 52,236 at the end of the previous reported quarter. Joel Isaacson & Company Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $202.05B market cap company. The stock increased 1.92% or $0.77 during the last trading session, reaching $40.87. About 23.77 million shares traded or 19.09% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 14, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Beaumont Financial Partners Llc decreased its stake in Johnson & Johnson (JNJ) by 1.77% based on its latest 2017Q3 regulatory filing with the SEC. Beaumont Financial Partners Llc sold 2,710 shares as the company’s stock rose 6.85% with the market. The institutional investor held 150,659 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $19.59M, down from 153,369 at the end of the previous reported quarter. Beaumont Financial Partners Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $391.59 billion market cap company. The stock increased 0.67% or $0.97 during the last trading session, reaching $145.76. About 5.45 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since January 14, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Investors sentiment is 0.83 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 45 investors sold JNJ shares while 871 reduced holdings. only 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. Haverford Fin Svcs Inc has invested 3.4% in Johnson & Johnson (NYSE:JNJ). Manning And Napier Lc holds 1.98% or 1.78 million shares. Veritable LP has invested 0.68% in Johnson & Johnson (NYSE:JNJ). Glenmede Trust Na reported 5.14% of its portfolio in Johnson & Johnson (NYSE:JNJ). Cadinha Company Ltd Liability has invested 3.64% in Johnson & Johnson (NYSE:JNJ). Cubic Asset Mngmt Ltd reported 1.85% in Johnson & Johnson (NYSE:JNJ). Gagnon Secs Limited Company has 2,816 shares. Jfs Wealth Advisors Lc invested 0.82% of its portfolio in Johnson & Johnson (NYSE:JNJ). Moreno Evelyn V invested 2.21% of its portfolio in Johnson & Johnson (NYSE:JNJ). Allstate reported 2,310 shares stake. Moreover, Jacobs & Ca has 0.05% invested in Johnson & Johnson (NYSE:JNJ). Community Fincl Bank Na reported 82,138 shares stake. Clearbridge Invests Ltd Company owns 9.50M shares. 11,550 were accumulated by Fukoku Mutual Life Ins Co. Focused Wealth invested in 0.76% or 17,421 shares.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 52% are positive. Johnson & Johnson had 84 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by UBS on Tuesday, September 22 with “Buy”. The stock of Johnson & Johnson (NYSE:JNJ) earned “Equal-Weight” rating by Barclays Capital on Tuesday, November 29. RBC Capital Markets maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, January 25. RBC Capital Markets has “Outperform” rating and $128 target. Deutsche Bank upgraded Johnson & Johnson (NYSE:JNJ) on Tuesday, September 29 to “Buy” rating. The stock of Johnson & Johnson (NYSE:JNJ) earned “Outperform” rating by RBC Capital Markets on Wednesday, October 7. The rating was maintained by Credit Suisse with “Buy” on Thursday, October 19. Wells Fargo maintained it with “Buy” rating and $155.0 target in Wednesday, October 18 report. UBS maintained the shares of JNJ in report on Thursday, August 31 with “Buy” rating. The rating was upgraded by Jefferies to “Buy” on Wednesday, October 11. The rating was maintained by Morgan Stanley on Wednesday, October 18 with “Equal-Weight”.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. They expect $1.72 earnings per share, up 8.86% or $0.14 from last year’s $1.58 per share. JNJ’s profit will be $4.62 billion for 21.19 P/E if the $1.72 EPS becomes a reality. After $1.90 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -9.47% negative EPS growth.

Beaumont Financial Partners Llc, which manages about $2.17B and $801.28 million US Long portfolio, upped its stake in Fidelity by 52,647 shares to 854,418 shares, valued at $20.73M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IYW) by 9,307 shares in the quarter, for a total of 18,094 shares, and has risen its stake in Lowes Cos Inc (NYSE:LOW).

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 65% are positive. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, October 24, the company rating was maintained by Needham. The rating was reinitiated by Stifel Nicolaus on Friday, November 18 with “Hold”. The firm has “Buy” rating given on Thursday, August 13 by Piper Jaffray. Drexel Hamilton maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with “Buy” rating. The firm earned “Buy” rating on Friday, January 5 by Bank of America. The firm has “Buy” rating given on Tuesday, August 4 by Zacks. The rating was maintained by Raymond James with “Outperform” on Friday, September 23. Jefferies maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Wednesday, August 17. Jefferies has “Buy” rating and $35 target. On Thursday, November 16 the stock rating was maintained by Raymond James with “Buy”. JP Morgan upgraded Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, April 6 to “Neutral” rating.

Since August 23, 2017, it had 0 insider buys, and 7 selling transactions for $23.51 million activity. BHATT PRAT had sold 25,638 shares worth $821,900 on Monday, September 11. $2.11M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D on Monday, September 18. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares. Walker Karen sold 23,110 shares worth $740,883. 121,390 shares valued at $3.89 million were sold by Robbins Charles on Monday, September 11. BARTZ CAROL sold $7.59M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, December 14.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Roanoke Asset Management Corporation reported 1.12% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Stack has invested 4.27% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Cleararc Capital, Ohio-based fund reported 156,928 shares. Excalibur Mgmt Corp holds 1.05% or 36,785 shares. Kistler reported 0.24% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Osborne Ptnrs Cap Management Ltd Liability Corp reported 0.47% in Cisco Systems, Inc. (NASDAQ:CSCO). Jacobs Levy Equity Management accumulated 8,340 shares or 0.01% of the stock. Moreover, One Cap Management Ltd Liability Corp has 0.6% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Franklin Street Advisors Incorporated Nc accumulated 2.79% or 506,149 shares. A D Beadell Investment Counsel Inc holds 46,830 shares or 1.34% of its portfolio. Northwest Counselors Ltd Com has invested 1.12% in Cisco Systems, Inc. (NASDAQ:CSCO). Cypress Asset Management Tx accumulated 0.08% or 11,675 shares. Thomaspartners holds 6.58M shares or 1.77% of its portfolio. Grubman Wealth Mgmt holds 0.17% in Cisco Systems, Inc. (NASDAQ:CSCO) or 7,000 shares. Df Dent has invested 0.06% in Cisco Systems, Inc. (NASDAQ:CSCO).

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