Comgest Global Investors Sas Lifted Its Johnson & Johnson (JNJ) Stake; Extended Stay America Has 1.4 Sentiment

January 14, 2018 - By Winifred Garcia

Comgest Global Investors Sas increased Johnson & Johnson (JNJ) stake by 31.18% reported in 2017Q3 SEC filing. Comgest Global Investors Sas acquired 8,700 shares as Johnson & Johnson (JNJ)’s stock rose 6.85%. The Comgest Global Investors Sas holds 36,600 shares with $4.76 million value, up from 27,900 last quarter. Johnson & Johnson now has $391.59B valuation. The stock increased 0.67% or $0.97 during the last trading session, reaching $145.76. About 5.45M 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.

Extended Stay America, Inc. owns and operates hotels in the United States and Canada. The company has market cap of $3.96 billion. As of December 31, 2016, the firm had 629 hotels with approximately 69,400 consisting of 626 hotels with approximately 68,900 rooms under the Extended Stay America brand; and 3 hotels with 500 rooms under the Extended Stay Canada brand. It has a 24.71 P/E ratio. It serves clients in the mid-priced extended stay segment.

The stock increased 0.54% or $0.11 during the last trading session, reaching $20.61. About 1.38M shares traded. Extended Stay America, Inc. (STAY) has risen 30.00% since January 14, 2017 and is uptrending. It has outperformed by 13.30% the S&P500.

Simcoe Capital Management Llc holds 10.98% of its portfolio in Extended Stay America, Inc. for 1.39 million shares. Hamlin Capital Management Llc owns 5.24 million shares or 4.25% of their US portfolio. Moreover, Hawk Ridge Capital Management Lp has 4.19% invested in the company for 556,983 shares. The New York-based Waterfront Capital Partners Llc has invested 3.91% in the stock. Messner & Smith Theme Value Investment Management Ltd Ca, a California-based fund reported 99,395 shares.

Ratings analysis reveals 67% of Extended Stay America’s analysts are positive. Out of 3 Wall Street analysts rating Extended Stay America, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $18.0 while the high is $19.0. The stock’s average target of $18.50 is -10.24% below today’s ($20.61) share price. STAY was included in 3 notes of analysts from September 26, 2016. The stock has “Buy” rating by M Partners on Monday, December 5. The firm has “Neutral” rating by Goldman Sachs given on Monday, September 26. As per Wednesday, January 25, the company rating was upgraded by Stifel Nicolaus.

Comgest Global Investors Sas decreased Costco Whsl Corp New (NASDAQ:COST) stake by 20,200 shares to 55,183 valued at $9.07M in 2017Q3. It also reduced Omnicom Group Inc (NYSE:OMC) stake by 10,600 shares and now owns 125,900 shares. Becton Dickinson & Co (NYSE:BDX) was reduced too.

Investors sentiment is 0.83 in Q3 2017. Its the same as in 2017Q2. It is the same, 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. Bender Robert & has invested 0.41% in Johnson & Johnson (NYSE:JNJ). Sector Pension Invest Board invested in 675,833 shares or 0.38% of the stock. United Kingdom-based Wellcome Trust (The) As Trustee Of The Wellcome Trust has invested 3.53% in Johnson & Johnson (NYSE:JNJ). Destination Wealth accumulated 196,500 shares. 77,821 are held by Broderick Brian C. The New York-based Gagnon Securities Ltd Liability Com has invested 0.13% in Johnson & Johnson (NYSE:JNJ). 77,914 were accumulated by Bar Harbor Tru Services. Ar Asset Incorporated holds 1.93% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 37,510 shares. Oak Assocs Ltd Oh owns 21,700 shares. Biondo Investment Advisors Ltd Liability Co invested in 3,446 shares. Kelly Lawrence W Assocs Ca has invested 3.25% in Johnson & Johnson (NYSE:JNJ). Price T Rowe Associates Md holds 0.42% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 19.06 million shares. Bsw Wealth Prtn invested in 0.16% or 2,794 shares. Fukoku Mutual Life Insurance holds 0.22% or 11,550 shares in its portfolio. Hodges Capital Mngmt Inc invested in 0.47% or 53,557 shares.

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