Third Point Has Decreased Lennar (LEN) Holding by $38.18 Million; Share Price Declined; Narwhal Capital Management Holding in Johnson & Johnson (JNJ) Has Lowered by $300,978

Johnson & Johnson (NYSE:JNJ) Logo Narwhal Capital Management decreased its stake in Johnson & Johnson (JNJ) by 5.33% based on its latest 2018Q3 regulatory filing with the SEC. Narwhal Capital Management sold 2,181 shares as the company’s stock rose 5.87% while stock markets declined. The hedge fund held 38,736 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $5.35 million, down from 40,917 at the end of the previous reported quarter. Narwhal Capital Management who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $350.51 billion market cap company. The stock increased 1.24% or $1.6 during the last trading session, reaching $130.69. About 10.59 million shares traded or 7.72% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 3.75% since January 20, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical JNJ News: 27/03/2018 – FDA: Johnson & Johnson Consumer, Inc.- COACH® Self-Adhering Sports Wrap (size: 3in); 24/04/2018 – Johnson & Johnson to Participate in the 2018 Deutsche Bank 43rd Annual Health Care Conference; 05/05/2018 – New Phase 3 Data Show Esketamine Nasal Spray Demonstrated Rapid Improvements in Depressive Symptoms in Patients with Treatment-; 17/04/2018 – J&J INCREASED SALES & REAFFIRMS EPS GUIDANCE; 14/03/2018 – J&J Investor Wants Legal Expenses to Weigh on Executive Bonuses; 12/04/2018 – Johnson & Johnson’s Janssen: INVOKANA Showed Significant Renal Protective Benefits in Patients With Type 2 Diabetes Mellitus and Chronic Kidney Disease; 09/05/2018 – @JayJints So incredibly kind JJ. Thanks very much; 16/03/2018 – J&J nears diabetes device exit with $2.1 bln LifeScan sale; 26/04/2018 – Johnson & Johnson Announces Dividend Increase Of 7.1%; 29/03/2018 – Fitch Affirms Johnson & Johnson’s ‘AAA’ Rating; Outlook Stable

Third Point Llc decreased its stake in Lennar Corp (LEN) by 13.83% based on its latest 2018Q3 regulatory filing with the SEC. Third Point Llc sold 830,000 shares as the company’s stock declined 18.88% with the market. The hedge fund held 5.17M shares of the homebuilding company at the end of 2018Q3, valued at $241.39M, down from 6.00M at the end of the previous reported quarter. Third Point Llc who had been investing in Lennar Corp for a number of months, seems to be less bullish one the $13.97B market cap company. The stock decreased 1.52% or $0.68 during the last trading session, reaching $44.1. About 3.59M shares traded. Lennar Corporation (NYSE:LEN) has declined 33.37% since January 20, 2018 and is downtrending. It has underperformed by 33.37% the S&P500. Some Historical LEN News: 04/04/2018 – LENNAR 1Q NEW ORDERS +30%, EST. +18.9%; 12/04/2018 – Lennar Names Rick Beckwitt CEO; 04/04/2018 – LENNAR 1Q REV. $2.98B, EST. $2.85B; 12/04/2018 – Lennar: Stuart Miller Continues As Executive Chairman; 04/04/2018 – Lennar 1Q-End Homebuilding Cash, Cash Equivalents $734M; 05/04/2018 – LENNAR CORP LEN.N : CITIGROUP RAISES TARGET PRICE TO $73 FROM $70; 04/04/2018 – Lennar 1Q Rev $2.98B; 12/04/2018 – LENNAR: STUART MILLER TO CONTINUE WITH CO. AS EXEC. CHAIRMAN; 04/04/2018 – LENNAR EARNINGS CALL BEGINS; 19/04/2018 – Lennar CDS Widens 14 Bps, Most in 12 Months

Since October 1, 2018, it had 0 insider buys, and 2 insider sales for $1.74 million activity.

More notable recent Lennar Corporation (NYSE:LEN) news were published by: Benzinga.com which released: “Lennar Corporation (NYSE:LEN), (AAL) – Five In Focus: Extending Win Streak Looks Challenging As Retail Sector Swoons – Benzinga” on January 10, 2019, also Benzinga.com with their article: “Mike Khouw Sees Unusual Options Activity In Lennar And KB Home (NYSE:LEN)(NYSE:KBH) – Benzinga” published on January 09, 2019, Fool.com published: “This Executive Thinks the Housing Market Swoon Is Overblown – The Motley Fool” on January 15, 2019. More interesting news about Lennar Corporation (NYSE:LEN) were released by: Bizjournals.com and their article: “Developers make land acquisitions in Dayton to keep projects on track – Minneapolis / St. Paul Business Journal” published on January 17, 2019 as well as Seekingalpha.com ‘s news article titled: “Lennar defers FY2019 guidance due to softness, uncertainty – Seeking Alpha” with publication date: January 09, 2019.

Third Point Llc, which manages about $17.97 billion and $14.31 billion US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 45,000 shares to 4.05 million shares, valued at $666.45M in 2018Q3, according to the filing. It also increased its holding in Worldpay Inc by 150,000 shares in the quarter, for a total of 3.05 million shares, and has risen its stake in Constellation Brands Inc (NYSE:STZ).

Investors sentiment decreased to 1.23 in Q3 2018. Its down 0.13, from 1.36 in 2018Q2. It turned negative, as 47 investors sold LEN shares while 150 reduced holdings. 81 funds opened positions while 162 raised stakes. 271.84 million shares or 1.78% less from 276.77 million shares in 2018Q2 were reported. Rfg Advisory Grp Limited Liability Corporation reported 0.12% of its portfolio in Lennar Corporation (NYSE:LEN). Cubic Asset Mngmt reported 7,600 shares stake. Institute For Wealth Management Ltd holds 0.19% or 11,459 shares in its portfolio. Aviva Public Limited Company stated it has 0.04% in Lennar Corporation (NYSE:LEN). Quantres Asset stated it has 0.63% of its portfolio in Lennar Corporation (NYSE:LEN). Yorktown Rech Inc invested in 5,600 shares. Cadence National Bank Na holds 0.15% in Lennar Corporation (NYSE:LEN) or 8,288 shares. Gradient reported 0% of its portfolio in Lennar Corporation (NYSE:LEN). Private Asset accumulated 0.04% or 6,000 shares. Balyasny Asset Management Lc has 0.26% invested in Lennar Corporation (NYSE:LEN) for 1.23M shares. Whittier Tru holds 0% of its portfolio in Lennar Corporation (NYSE:LEN) for 1,802 shares. Eaton Vance has 0.01% invested in Lennar Corporation (NYSE:LEN). The Illinois-based Hightower Advisors Limited Liability has invested 0.01% in Lennar Corporation (NYSE:LEN). Amica Pension Fund Board Of Trustees accumulated 7,554 shares. Montag A Associate Inc holds 6,135 shares.

Among 26 analysts covering Lennar ( NYSE:LEN ), 25 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lennar had 91 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Positive” rating by Susquehanna given on Wednesday, March 30. The stock has “Neutral” rating by Citigroup on Wednesday, October 4. The rating was maintained by Wood on Friday, April 7 with “Outperform”. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, January 19. The firm has “Buy” rating by Citigroup given on Friday, January 4. The rating was maintained by Bank of America with “Buy” on Thursday, October 4. RBC Capital Markets maintained Lennar Corporation (NYSE:LEN) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $64.0 target. Deutsche Bank upgraded the shares of LEN in report on Monday, October 22 to “Buy” rating. UBS upgraded the shares of LEN in report on Friday, January 15 to “Buy” rating. The firm has “Overweight” rating given on Thursday, April 7 by Barclays Capital.

Investors sentiment increased to 1.05 in Q3 2018. Its up 0.08, from 0.97 in 2018Q2. It increased, 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. Valicenti Advisory Services has 2,490 shares. Whittier Tru Company stated it has 1.55% in Johnson & Johnson (NYSE:JNJ). Bridges Incorporated holds 1.32% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 193,899 shares. Meiji Yasuda Life Insur holds 1.01% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 58,453 shares. Rmb Capital Management Ltd Liability Corporation accumulated 58,223 shares or 0.19% of the stock. 10,798 were accumulated by Northside Limited Liability. Ariel Invests Lc holds 1.02 million shares. Keating Counselors reported 3.62% in Johnson & Johnson (NYSE:JNJ). Acropolis Invest Mgmt Ltd Liability Co reported 19,386 shares. Fairfax Fin Limited Can reported 146,800 shares or 0.86% of all its holdings. Ancora Advisors Ltd Liability accumulated 165,346 shares. Beaumont Prtn Ltd Liability Corp has 166,263 shares. Segment Wealth Management Lc holds 49,946 shares. Nomura reported 460,450 shares or 0.23% of all its holdings. Front Barnett Assocs Limited Com holds 0.21% or 10,028 shares.

Narwhal Capital Management, which manages about $490.63 million and $453.33M US Long portfolio, upped its stake in Annaly Cap Mgmt Inc (NYSE:NLY) by 136,350 shares to 290,300 shares, valued at $2.97 million in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (IVV) by 14,098 shares in the quarter, for a total of 50,653 shares, and has risen its stake in Nxp Semiconductors N V (NASDAQ:NXPI).

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 $5.23B for 16.76 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.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Investorplace.com which released: “4 Top Stock Trades for Monday: GE, TSLA, Gold, JNJ – Investorplace.com” on December 28, 2018, also Streetinsider.com with their article: “J&J (JNJ) Announces Research Study with Apple Watch to Help Improve […]

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