Insider Deal: Patrick Sherman Made a Purchase of 11 Shares of First Merchants (FRME); Maple Capital Management Upped Johnson & Johnson (JNJ) Holding

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Maple Capital Management Inc increased Johnson & Johnson (JNJ) stake by 4.22% reported in 2017Q4 SEC filing. Maple Capital Management Inc acquired 4,082 shares as Johnson & Johnson (JNJ)’s stock declined 9.21%. The Maple Capital Management Inc holds 100,793 shares with $14.08 million value, up from 96,711 last quarter. Johnson & Johnson now has $331.31B valuation. The stock decreased 1.99% or $2.51 during the last trading session, reaching $123.5. About 7.39 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since May 3, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Since December 15, 2017, it had 7 buys, and 1 sale for $47,533 activity. Sherman Patrick A bought $500 worth of stock or 12 shares. WALKER TERRY L bought $135,577 worth of stock. Another trade for 2,219 shares valued at $94,529 was sold by Stewart Michael J. $1,654 worth of First Merchants Corporation (NASDAQ:FRME) was bought by Lehman Gary on Thursday, February 1.

Among 6 analysts covering First Merchants (NASDAQ:FRME), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. First Merchants has $53.0 highest and $27.50 lowest target. $44.25’s average target is 1.77% above currents $43.48 stock price. First Merchants had 16 analyst reports since August 18, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, January 25 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, June 1. The stock has “Equal-Weight” rating by Stephens on Friday, October 2. DA Davidson maintained the stock with “Buy” rating in Wednesday, September 28 report. The company was maintained on Tuesday, December 12 by Keefe Bruyette & Woods. Zacks upgraded the stock to “Sell” rating in Tuesday, August 18 report. The stock of First Merchants Corporation (NASDAQ:FRME) earned “Overweight” rating by Stephens on Friday, January 29. Keefe Bruyette & Woods maintained the shares of FRME in report on Monday, February 26 with “Buy” rating. The firm has “Neutral” rating by SunTrust given on Wednesday, December 16. The stock of First Merchants Corporation (NASDAQ:FRME) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

First Merchants Corporation operates as the financial holding firm for First Merchants Bank that provides community banking services. The company has market cap of $2.14 billion. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. It has a 20.51 P/E ratio. The firm also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services.

The stock decreased 0.16% or $0.07 during the last trading session, reaching $43.48. About 102,949 shares traded. First Merchants Corporation (NASDAQ:FRME) has risen 8.92% since May 3, 2017 and is uptrending. It has underperformed by 2.63% the S&P500.

Patrick Sherman, the director of First Merchants Corp made an unexpected insider trade for 11 shares with the average stock value of $43.5 in the Indiana-based company, that are amounting to $479 U.S Dollars. He also purchased 12 shares worth total $500 USD in the last month. The acquisition was made public in a 4F filing which was filed with the Washington-based SEC on May 02, 2018, which is available for public access here. Patrick Sherman currently holds 36,129 shares or 0.07% of First Merchants Corp’s market cap.

Investors sentiment decreased to 0.81 in 2017 Q4. Its down 0.54, from 1.35 in 2017Q3. It worsened, as 20 investors sold First Merchants Corporation shares while 64 reduced holdings. 21 funds opened positions while 47 raised stakes. 33.91 million shares or 0.71% more from 33.67 million shares in 2017Q3 were reported. 14,916 are owned by Us Fincl Bank De. Comerica National Bank & Trust owns 25,435 shares. Employees Retirement Of Texas has invested 0.02% in First Merchants Corporation (NASDAQ:FRME). Counselors Of Maryland Ltd Co holds 0.81% or 388,312 shares. Piedmont Inv Advsrs invested 0.04% of its portfolio in First Merchants Corporation (NASDAQ:FRME). 12,070 were accumulated by Stone Ridge Asset Mgmt Llc. Invesco reported 133,786 shares. Barclays Public Limited Co holds 0% of its portfolio in First Merchants Corporation (NASDAQ:FRME) for 6,583 shares. Renaissance Ltd Liability reported 759,629 shares stake. Quantbot Tech Limited Partnership accumulated 3,535 shares or 0.01% of the stock. Swiss Retail Bank stated it has 0% of its portfolio in First Merchants Corporation (NASDAQ:FRME). 12,495 were accumulated by Millennium Management Llc. Paradigm Asset Mgmt Limited Liability Company holds 2,300 shares. Rhumbline Advisers has 0% invested in First Merchants Corporation (NASDAQ:FRME). Farmers Merchants Invests reported 0% stake.

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

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 9.67% above currents $123.5 stock price. Johnson & Johnson had 100 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Wednesday, April 20. The firm has “Neutral” rating given on Friday, December 18 by Atlantic Securities. RBC Capital Markets maintained it with “Outperform” rating and $128 target in Wednesday, January 25 report. The firm has “Buy” rating given on Wednesday, October 14 by S&P Research. BMO Capital Markets maintained the shares of JNJ in report on Tuesday, July 18 with “Buy” rating. The rating was maintained by Jefferies on Tuesday, August 15 with “Hold”. The firm has “Buy” rating given on Tuesday, February 6 by Wells Fargo. RBC Capital Markets maintained Johnson & Johnson (NYSE:JNJ) on Friday, September 22 with “Buy” rating. The firm earned “Sell” rating on Friday, July 21 by BTIG Research. Goldman Sachs upgraded the shares of JNJ in report on Monday, March 14 to “Neutral” rating.

Investors sentiment increased to 0.87 in Q4 2017. Its up 0.04, from 0.83 in 2017Q3. It is positive, 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. Birch Hill Investment Limited reported 2.45% stake. Murphy Capital Mngmt owns 103,588 shares or 1.98% of their US portfolio. 136,128 are owned by Cap Investment Ltd. Tt has 38,549 shares for 0.78% of their portfolio. Fund Evaluation Grp Llc invested in 9,560 shares. Moreover, First Citizens Bankshares And Tru has 1.45% invested in Johnson & Johnson (NYSE:JNJ). Mercer Advisers accumulated 70,240 shares. Howland Cap Management Limited Liability Company owns 204,676 shares or 2.29% of their US portfolio. Magnetar Limited Liability has 10,026 shares for 0.03% of their portfolio. Atlanta Co L L C invested 0.33% in Johnson & Johnson (NYSE:JNJ). Guinness Asset Mgmt stated it has 2.67% of its portfolio in Johnson & Johnson (NYSE:JNJ). Miles accumulated 11,507 shares. Busey reported 2.75% of its portfolio in Johnson & Johnson (NYSE:JNJ). Oxbow Advsr Limited has invested 0.81% of its portfolio in Johnson & Johnson (NYSE:JNJ). Argent Tru Com has 2.4% invested in Johnson & Johnson (NYSE:JNJ).

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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