Park National Has Trimmed Its Johnson & Johnson (JNJ) Holding; 8X8 Has 0.91 Sentiment

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8X8 Inc (EGHT) investors sentiment decreased to 0.91 in 2017 Q4. It’s down -0.15, from 1.06 in 2017Q3. The ratio dived, as 70 institutional investors opened new or increased positions, while 77 cut down and sold positions in 8X8 Inc. The institutional investors in our database now possess: 60.69 million shares, up from 58.47 million shares in 2017Q3. Also, the number of institutional investors holding 8X8 Inc in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 26 Reduced: 51 Increased: 46 New Position: 24.

Park National Corp decreased Johnson & Johnson (JNJ) stake by 3.24% reported in 2017Q4 SEC filing. Park National Corp sold 11,499 shares as Johnson & Johnson (JNJ)’s stock declined 9.21%. The Park National Corp holds 342,901 shares with $47.91M value, down from 354,400 last quarter. Johnson & Johnson now has $338.52B valuation. The stock decreased 0.50% or $0.64 during the last trading session, reaching $126.19. About 6.58 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since April 25, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Investors sentiment increased to 0.87 in Q4 2017. Its up 0.04, from 0.83 in 2017Q3. It improved, as 35 investors sold JNJ shares while 884 reduced holdings. 143 funds opened positions while 654 raised stakes. 1.72 billion shares or 0.40% more from 1.71 billion shares in 2017Q3 were reported. Acadian Asset Limited Liability Corp holds 0.62% or 1.02 million shares. Ahl Partners Llp holds 0.11% or 50,547 shares in its portfolio. Sfe Invest Counsel owns 22,246 shares or 1.26% of their US portfolio. Pennsylvania Trust has 422,696 shares for 2.64% of their portfolio. Pnc Financial Svcs Grp Incorporated has invested 1.3% in Johnson & Johnson (NYSE:JNJ). L & S stated it has 0.31% of its portfolio in Johnson & Johnson (NYSE:JNJ). Fred Alger Mgmt has 0.05% invested in Johnson & Johnson (NYSE:JNJ) for 74,382 shares. Pitcairn holds 0.49% or 35,391 shares in its portfolio. Acropolis Invest Mgmt Ltd Liability invested 0.52% of its portfolio in Johnson & Johnson (NYSE:JNJ). Community State Bank Of Raymore reported 8,600 shares or 0.49% of all its holdings. Carret Asset Ltd Company has 128,490 shares. First Midwest State Bank Tru Division reported 1.73% in Johnson & Johnson (NYSE:JNJ). Woodmont Counsel Limited Liability Corp holds 1.48% or 41,055 shares in its portfolio. Rothschild Cap Ptnrs Limited Company accumulated 2,156 shares. Lathrop Inv Management has 2,653 shares for 0.1% of their portfolio.

Park National Corp increased Allergan Plc stake by 10,459 shares to 49,269 valued at $8.06M in 2017Q4. It also upped First Trust Dow Jones Global S (FGD) stake by 33,932 shares and now owns 189,985 shares. Amazon.Com Inc (NASDAQ:AMZN) was raised too.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson has $170.0 highest and $90 lowest target. $135.44’s average target is 7.33% above currents $126.19 stock price. Johnson & Johnson had 100 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Johnson & Johnson (NYSE:JNJ) has “Hold” rating given on Monday, September 25 by Citigroup. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Leerink Swann on Wednesday, October 18. Credit Suisse maintained Johnson & Johnson (NYSE:JNJ) rating on Friday, April 20. Credit Suisse has “Outperform” rating and $151 target. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, January 16. Jefferies has “Buy” rating and $170.0 target. The rating was maintained by Jefferies on Friday, April 13 with “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, July 18. The company was downgraded on Friday, July 21 by BTIG Research. The firm earned “Buy” rating on Monday, July 10 by BMO Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) has “Hold” rating given on Friday, July 14 by Jefferies. Stifel Nicolaus maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, January 24 with “Hold” rating.

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

The stock increased 0.77% or $0.15 during the last trading session, reaching $19.7. About 410,178 shares traded. 8×8, Inc. (EGHT) has risen 26.60% since April 25, 2017 and is uptrending. It has outperformed by 15.05% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 3 selling transactions for $2.12 million activity.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company has market cap of $1.82 billion. The firm operates in two divisions, Americas and Europe. It currently has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.

Analysts await 8×8, Inc. (NYSE:EGHT) to report earnings on May, 24. They expect $-0.05 EPS, down 400.00% or $0.04 from last year’s $-0.01 per share. After $-0.07 actual EPS reported by 8×8, Inc. for the previous quarter, Wall Street now forecasts -28.57% EPS growth.

Ratings analysis reveals 0 of 8×8’s analysts are positive. Out of 2 Wall Street analysts rating 8×8, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $15.0 while the high is $17.0. The stock’s average target of $16 is -18.78% below today’s ($19.7) share price. EGHT was included in 2 notes of analysts from August 26, 2016. Robert W. Baird initiated it with “Neutral” rating and $15.0 target in Friday, August 26 report. The stock of 8×8, Inc. (NYSE:EGHT) has “Equal-Weight” rating given on Tuesday, April 11 by Morgan Stanley.

12 West Capital Management Lp holds 2.81% of its portfolio in 8×8, Inc. for 1.65 million shares. Kopp Investment Advisors Llc owns 145,350 shares or 2.05% of their US portfolio. Moreover, Southpoint Capital Advisors Lp has 1.34% invested in the company for 2.00 million shares. The New York-based Shannon River Fund Management Llc has invested 1.17% in the stock. Stephens Investment Management Group Llc, a Texas-based fund reported 1.98 million shares.

8x8, Inc. (NYSE:EGHT) Institutional Positions Chart