New Mexico Educational Retirement Board Holding in Visa Class A Shares (V) Increased by $775,200 as Market Value Rose; As Johnson & Johnson (JNJ) Valuation Declined, Holder Meag Munich Ergo Kapitalanlagegesellschaft Mbh Has Trimmed Its Holding

May 27, 2018 - By Hazel Jackson

Johnson & Johnson (NYSE:JNJ) Logo

Meag Munich Ergo Kapitalanlagegesellschaft Mbh decreased its stake in Johnson & Johnson (JNJ) by 6.06% based on its latest 2017Q4 regulatory filing with the SEC. Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold 20,073 shares as the company’s stock declined 9.21% with the market. The institutional investor held 311,261 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $44.01 million, down from 331,334 at the end of the previous reported quarter. Meag Munich Ergo Kapitalanlagegesellschaft Mbh who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $325.80B market cap company. The stock increased 0.10% or $0.12 during the last trading session, reaching $121.47. About 4.59 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since May 27, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

New Mexico Educational Retirement Board increased its stake in Visa Inc Class A Shares (V) by 4.02% based on its latest 2017Q4 regulatory filing with the SEC. New Mexico Educational Retirement Board bought 6,800 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 175,884 shares of the business services company at the end of 2017Q4, valued at $20.05M, up from 169,084 at the end of the previous reported quarter. New Mexico Educational Retirement Board who had been investing in Visa Inc Class A Shares for a number of months, seems to be bullish on the $294.04B market cap company. The stock decreased 0.46% or $0.61 during the last trading session, reaching $131.28. About 7.51 million shares traded. Visa Inc. (NYSE:V) has risen 31.98% since May 27, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Since December 13, 2017, it had 0 buys, and 5 insider sales for $12.69 million activity. MAHON TULLIER KELLY sold $5.65 million worth of Visa Inc. (NYSE:V) on Friday, December 15. Biggar Lynne also sold $205,440 worth of Visa Inc. (NYSE:V) on Wednesday, February 14. The insider HOFFMEISTER JAMES H sold 8,423 shares worth $1.08 million. $5.06 million worth of Visa Inc. (NYSE:V) was sold by MCINERNEY RYAN.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.05, from 1 in 2017Q3. It is positive, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Alpine Global Management Ltd Liability Corporation reported 15,344 shares. Mountain Pacific Investment Advisers Id has 3,888 shares for 0.05% of their portfolio. Aqr Mngmt Limited Company invested in 1.52M shares or 0.18% of the stock. 28,150 were accumulated by Homrich Berg. Confluence Invest Management Ltd Liability Corp holds 6,465 shares. Foundry Partners Ltd Co stated it has 0.04% of its portfolio in Visa Inc. (NYSE:V). Brown Advisory Secs Ltd Llc owns 68,283 shares. California-based West Coast Fincl Lc has invested 0.18% in Visa Inc. (NYSE:V). Eagle Cap Management Ltd Company reported 31,716 shares or 1.95% of all its holdings. Moreover, State Street Corporation has 0.73% invested in Visa Inc. (NYSE:V). West Oak Limited Liability holds 0.22% or 3,082 shares. Caprock Gp has invested 0.36% in Visa Inc. (NYSE:V). Ancora Limited Liability holds 0.12% or 19,896 shares in its portfolio. 30,213 are owned by Archford Cap Strategies Ltd. Northside Capital Management Ltd reported 0.41% in Visa Inc. (NYSE:V).

Among 43 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Visa Inc. had 131 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Thursday, September 28 by Cantor Fitzgerald. The rating was maintained by PiperJaffray with “Overweight” on Friday, February 2. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Friday, January 12 by Cowen & Co. On Monday, October 19 the stock rating was maintained by Oppenheimer with “Outperform”. The rating was maintained by Stephens on Tuesday, January 9 with “Buy”. JP Morgan maintained it with “Overweight” rating and $85 target in Friday, August 14 report. Nomura maintained Visa Inc. (NYSE:V) rating on Friday, February 2. Nomura has “Buy” rating and $146 target. The company was maintained on Wednesday, September 6 by Cowen & Co. Topeka Capital Markets maintained the shares of V in report on Friday, July 24 with “Hold” rating. Morgan Stanley maintained it with “Overweight” rating and $126 target in Thursday, October 26 report.

New Mexico Educational Retirement Board, which manages about $2.64B US Long portfolio, decreased its stake in Avalonbay Communities Inc (NYSE:AVB) by 18,469 shares to 13,227 shares, valued at $2.36M in 2017Q4, according to the filing. It also reduced its holding in Prologis Inc (NYSE:PLD) by 70,795 shares in the quarter, leaving it with 51,170 shares, and cut its stake in Federal Realty Invs Trust (NYSE:FRT).

More important recent Visa Inc. (NYSE:V) news were published by: 247Wallst.com which released: “Boeing Continues as Top Performing Dow Stock” on May 26, 2018, also Seekingalpha.com published article titled: “Visa makes strategic investment in Yellowpepper”, Seekingalpha.com published: “Is It Too Late To Buy Visa Stock?” on May 17, 2018. More interesting news about Visa Inc. (NYSE:V) was released by: Investorplace.com and their article: “Why the Dow Jones May Struggle to Stay Above Water” with publication date: May 25, 2018.

Meag Munich Ergo Kapitalanlagegesellschaft Mbh, which manages about $2.60B US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 37,213 shares to 60,408 shares, valued at $11.71M in 2017Q4, according to the filing. It also increased its holding in 3M Co (NYSE:MMM) by 58,873 shares in the quarter, for a total of 73,075 shares, and has risen its stake in Deutsche Bank Ag (NYSE:DB).

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on July, 17. They expect $2.05 EPS, up 12.02% or $0.22 from last year’s $1.83 per share. JNJ’s profit will be $5.50 billion for 14.81 P/E if the $2.05 EPS becomes a reality. After $2.06 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -0.49% negative EPS growth.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Investorplace.com which released: “5 Top Stock Trades for Friday Morning” on May 24, 2018, also Finance.Yahoo.com with their article: “Johnson & Johnson Stock Looks Attractive on the Big Dip” published on May 10, 2018, Benzinga.com published: “Barron’s Picks And Pans: Best CEOs, Altice USA, Micron Technology And More” on May 27, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Livetradingnews.com and their article: “Johnson & Johnson (NYSE:JNJ) Stock Oversold” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “Johnson & Johnson: Waiting On The Wave” with publication date: May 11, 2018.

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

Visa Inc. (NYSE:V) Institutional Positions Chart

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