Train Babcock Advisors Trimmed Johnson And Johnson Co (JNJ) Position; Schnitzer Steel Industries (SCHN)’s Sentiment Is 1.21

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Schnitzer Steel Industries Inc (SCHN) investors sentiment increased to 1.21 in Q4 2017. It’s up 0.11, from 1.1 in 2017Q3. The ratio has improved, as 82 hedge funds increased or opened new equity positions, while 68 cut down and sold their positions in Schnitzer Steel Industries Inc. The hedge funds in our database now own: 23.68 million shares, up from 23.36 million shares in 2017Q3. Also, the number of hedge funds holding Schnitzer Steel Industries Inc in top ten equity positions increased from 3 to 4 for an increase of 1. Sold All: 18 Reduced: 50 Increased: 53 New Position: 29.

Train Babcock Advisors Llc decreased Johnson And Johnson Co (JNJ) stake by 23.84% reported in 2017Q4 SEC filing. Train Babcock Advisors Llc sold 5,832 shares as Johnson And Johnson Co (JNJ)’s stock declined 9.21%. The Train Babcock Advisors Llc holds 18,636 shares with $2.60 million value, down from 24,468 last quarter. Johnson And Johnson Co now has $339.78B valuation. The stock decreased 0.70% or $0.89 during the last trading session, reaching $126.66. About 7.74M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since April 21, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q4. Its up 0.04, from 0.83 in 2017Q3. It increased, 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. Moreover, Buffington Mohr Mcneal has 1.76% invested in Johnson & Johnson (NYSE:JNJ) for 32,907 shares. Evercore Wealth Ltd Llc owns 306,428 shares. America First Investment Ltd Llc stated it has 0.21% in Johnson & Johnson (NYSE:JNJ). Argent Limited Liability reported 179,049 shares. Fayerweather Charles accumulated 5.07% or 24,823 shares. Sage Gp reported 1,598 shares. Tradewinds Capital Mngmt Llc reported 0.49% in Johnson & Johnson (NYSE:JNJ). Miller LP holds 0.76% or 17,828 shares. Beach Investment Counsel Pa has invested 3.74% in Johnson & Johnson (NYSE:JNJ). Aull & Monroe Invest Management owns 52,499 shares for 3.7% of their portfolio. Epoch Inv Partners Incorporated, a New York-based fund reported 1.32 million shares. Reik And Limited Company invested in 17,087 shares. Washington Management has invested 0.31% in Johnson & Johnson (NYSE:JNJ). Tnb Financial stated it has 0.63% in Johnson & Johnson (NYSE:JNJ). 30,240 were reported by Dodge And Cox.

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

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 6.93% above currents $126.66 stock price. Johnson & Johnson had 100 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, October 7, the company rating was maintained by RBC Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Friday, June 2 by BMO Capital Markets. As per Thursday, January 26, the company rating was downgraded by Wells Fargo. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by UBS on Wednesday, July 19. The rating was upgraded by Jefferies on Wednesday, October 11 to “Buy”. As per Friday, June 16, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Wednesday, October 18 by RBC Capital Markets. Leerink Swann maintained the shares of JNJ in report on Wednesday, April 18 with “Buy” rating. The firm earned “Strong-Buy” rating on Monday, August 31 by Vetr. Citigroup initiated the shares of JNJ in report on Monday, September 25 with “Hold” rating.

Rutabaga Capital Management Llc Ma holds 4.13% of its portfolio in Schnitzer Steel Industries, Inc. for 536,066 shares. Orca Investment Management Llc owns 112,544 shares or 3.3% of their US portfolio. Moreover, Lesa Sroufe & Co has 3.1% invested in the company for 111,891 shares. The British Columbia – Canada-based Vertex One Asset Management Inc. has invested 2.46% in the stock. Peregrine Asset Advisers Inc., a Oregon-based fund reported 116,248 shares.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $843.52 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 14.2 P/E ratio. The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting.

Analysts await Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to report earnings on June, 25. They expect $1.01 earnings per share, up 80.36% or $0.45 from last year’s $0.56 per share. SCHN’s profit will be $26.54 million for 7.95 P/E if the $1.01 EPS becomes a reality. After $0.90 actual earnings per share reported by Schnitzer Steel Industries, Inc. for the previous quarter, Wall Street now forecasts 12.22% EPS growth.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Institutional Positions Chart