National Planning Lowered Its Southwest Airls Co (LUV) Stake, Continental Advisors Boosted Its Johnson & Johnson (JNJ) Holding

July 17, 2017 - By Winifred Garcia

National Planning Corp decreased Southwest Airls Co (LUV) stake by 44.59% reported in 2016Q4 SEC filing. National Planning Corp sold 7,250 shares as Southwest Airls Co (LUV)’s stock rose 1.26%. The National Planning Corp holds 9,010 shares with $476,000 value, down from 16,260 last quarter. Southwest Airls Co now has $37.46B valuation. The stock rose 0.18% or $0.11 reaching $62.04. About 373,416 shares traded. Southwest Airlines Co (NYSE:LUV) has risen 37.63% since July 17, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.

Continental Advisors Llc increased Johnson & Johnson (JNJ) stake by 346% reported in 2016Q4 SEC filing. Continental Advisors Llc acquired 17,300 shares as Johnson & Johnson (JNJ)’s stock rose 6.85%. The Continental Advisors Llc holds 22,300 shares with $2.57 million value, up from 5,000 last quarter. Johnson & Johnson now has $357.28B valuation. The stock declined 0.54% or $0.71 reaching $131.89 on the news. About 802,401 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since July 17, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Among 18 analysts covering Johnson & Johnson (NYSE:JNJ), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Johnson & Johnson had 50 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, January 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was upgraded on Tuesday, December 1 by Barclays Capital. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Cowen & Co on Tuesday, June 13. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. As per Tuesday, March 15, the company rating was maintained by Jefferies. As per Wednesday, October 19, the company rating was maintained by UBS. The stock has “Outperform” rating by Cowen & Co on Tuesday, August 25. On Monday, May 15 the stock rating was upgraded by JP Morgan to “Overweight”. The company was maintained on Wednesday, April 20 by Argus Research. The stock of Johnson & Johnson (NYSE:JNJ) has “Outperform” rating given on Wednesday, July 20 by RBC Capital Markets.

Continental Advisors Llc decreased Select Sector Spdr Tr (Put) (XLV) stake by 32,000 shares to 90,000 valued at $6.21 million in 2016Q4. It also reduced State Str Corp (NYSE:STT) stake by 8,000 shares and now owns 16,100 shares. Vaneck Vectors Etf Tr was reduced too.

Since February 1, 2017, it had 0 insider buys, and 5 insider sales for $14.98 million activity. $2.45M worth of Johnson & Johnson (NYSE:JNJ) shares were sold by Ullmann Michael H. Duato Joaquin sold 50,000 shares worth $6.18M. 14,543 shares valued at $1.78M were sold by Kapusta Ronald A on Tuesday, February 28. Another trade for 16,299 shares valued at $1.99M was made by Pruden Gary J on Tuesday, February 28. Stoffels Paulus also sold $2.58M worth of Johnson & Johnson (NYSE:JNJ) shares.

Investors sentiment increased to 0.94 in 2016 Q4. Its up 0.12, from 0.82 in 2016Q3. It improved, as 63 investors sold JNJ shares while 834 reduced holdings. 114 funds opened positions while 731 raised stakes. 1.72 billion shares or 0.88% more from 1.71 billion shares in 2016Q3 were reported. Community Financial Grp Lc owns 19,558 shares. Moreover, Cutler Counsel Ltd Com has 1.94% invested in Johnson & Johnson (NYSE:JNJ) for 65,382 shares. American National Registered Advisor reported 1.54% of its portfolio in Johnson & Johnson (NYSE:JNJ). The New Jersey-based Jacobs Levy Equity Mngmt Inc has invested 0.84% in Johnson & Johnson (NYSE:JNJ). Goelzer Management Inc reported 1.1% in Johnson & Johnson (NYSE:JNJ). Delta Asset Mgmt Ltd Liability Tn holds 25,072 shares. Ironwood Fin Ltd accumulated 263 shares. 52,847 were reported by Hollow Brook Wealth Management Ltd Liability Company. Canada Pension Plan Investment Board reported 2.15 million shares stake. Washington-based Harbour Investment Ltd Liability Com has invested 2.23% in Johnson & Johnson (NYSE:JNJ). Murphy Capital Mgmt owns 104,618 shares. Kingfisher Cap Limited Liability Corp accumulated 1.36% or 15,708 shares. Cincinnati Ins Commerce holds 1.01M shares or 3.78% of its portfolio. Reaves W H & Co stated it has 2,400 shares. Virtu Financial Ltd Liability Com holds 0.49% or 39,840 shares in its portfolio.

Among 15 analysts covering Southwest Airlines Co. (NYSE:LUV), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Southwest Airlines Co. had 41 analyst reports since July 30, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of LUV in report on Friday, October 23 with “Buy” rating. Credit Suisse maintained it with “Outperform” rating and $53 target in Tuesday, April 12 report. The rating was upgraded by JP Morgan to “Overweight” on Thursday, July 30. As per Friday, April 28, the company rating was maintained by Imperial Capital. The stock has “Outperform” rating by Imperial Capital on Tuesday, November 22. Citigroup initiated the shares of LUV in report on Friday, November 18 with “Buy” rating. JP Morgan maintained it with “Overweight” rating and $52 target in Thursday, February 4 report. The firm earned “Neutral” rating on Friday, July 22 by Buckingham Research. Cowen & Co maintained Southwest Airlines Co (NYSE:LUV) on Friday, June 24 with “Outperform” rating. The firm has “Outperform” rating given on Thursday, September 3 by Imperial Capital.

National Planning Corp increased Ishares Tr (USMV) stake by 45,609 shares to 205,019 valued at $9.38 million in 2016Q4. It also upped Ishares Tr (IYJ) stake by 6,257 shares and now owns 11,703 shares. Schwab Strategic Tr (SCHA) was raised too.

Analysts await Southwest Airlines Co (NYSE:LUV) to report earnings on July, 27 before the open. They expect $1.20 earnings per share, up 0.84% or $0.01 from last year’s $1.19 per share. LUV’s profit will be $724.56M for 12.93 P/E if the $1.20 EPS becomes a reality. After $0.61 actual earnings per share reported by Southwest Airlines Co for the previous quarter, Wall Street now forecasts 96.72% EPS growth.

Since January 30, 2017, it had 0 insider buys, and 16 selling transactions for $10.00 million activity. $1.06 million worth of Southwest Airlines Co (NYSE:LUV) was sold by Lamb Jeff. Wells Gregory D sold $192,566 worth of stock. Shares for $492,238 were sold by Romo Tammy on Tuesday, May 23. 14,572 shares were sold by Van de Ven Michael G, worth $841,168. Another trade for 1,427 shares valued at $81,648 was sold by KELLY GARY C. The insider Shaw Mark R sold 1,211 shares worth $70,553. 15,273 shares valued at $912,148 were sold by Jordan Robert E on Tuesday, May 23.

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