Confluence Investment Management Has Raised Johnson & Johnson (JNJ) Position By $7.03 Million; Diana Shipping (DSX) Shorts Lowered By 3.61%

Diana Shipping Inc. (NYSE:DSX) Logo

Confluence Investment Management Llc increased Johnson & Johnson (JNJ) stake by 5.4% reported in 2018Q1 SEC filing. Confluence Investment Management Llc acquired 54,941 shares as Johnson & Johnson (JNJ)’s stock declined 8.03%. The Confluence Investment Management Llc holds 1.07 million shares with $137.38 million value, up from 1.02 million last quarter. Johnson & Johnson now has $328.75 billion valuation. The stock increased 1.03% or $1.25 during the last trading session, reaching $122.57. About 8.57M shares traded or 28.72% up from the average. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 20, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: ; 12/04/2018 – JNJ: INVOKANA IMPROVED RENAL OUTCOMES IN TYPE 2 DIABETES; 10/04/2018 – Biotech group Genmab aims to own bigger share of new drug pipeline; 17/04/2018 – JNJ 1Q EARNINGS CALL BEGINS; 01/05/2018 – J&J SAYS UV-BLOCKER NORBLOC+ BEHAVES AS ANTIOXIDANT; 02/05/2018 – $JNJ acquires BeneVir for $140M upfront + $900M milestone $MRK acquires Viralytics for $394M Oncolytic virus back to be the hot thing in I/O again? More $AMGN T-Vec + PD1 combo data to come at #ASCO18; 20/03/2018 – J&J – JOSEPH WOLK PROMOTED TO EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER; 04/04/2018 – J&J Jury Set to Weigh Banker’s Claims Baby Powder Caused Cancer; 11/04/2018 – J&J, IMERYS ORDERED TO PAY PUNITIVE DAMAGES IN TALC CANCER CASE; 16/03/2018 – J&J – ACCEPTANCE PERIOD FOR OFFER WILL END ON JUNE 15, 2018; 06/03/2018 – BOEHRINGER INGELHEIM, LILLY EXPAND PROGRAM FOR JARDIANCE

Diana Shipping Inc (NYSE:DSX) had a decrease of 3.61% in short interest. DSX’s SI was 3.84 million shares in June as released by FINRA. Its down 3.61% from 3.99M shares previously. With 320,400 avg volume, 12 days are for Diana Shipping Inc (NYSE:DSX)’s short sellers to cover DSX’s short positions. The SI to Diana Shipping Inc’s float is 4.6%. The stock increased 0.62% or $0.03 during the last trading session, reaching $4.9. About 366,773 shares traded. Diana Shipping Inc. (NYSE:DSX) has risen 7.93% since June 20, 2017 and is uptrending. It has underperformed by 4.64% the S&P500. Some Historical DSX News: ; 10/05/2018 – Diana Shipping Inc. Announces Time Charter Contract for M/V San Francisco With Koch; 20/04/2018 – DIANA SHIPPING IN TIME CHARTER PACT WITH GLENCORE; 10/05/2018 – DIANA SHIPPING INC – CHARTER IS EXPECTED TO COMMENCE ON MAY 13, 2018; 22/03/2018 – Diana Shipping Inc. Announces Time Charter Contract for m/v New Orleans With SwissMarine; 22/05/2018 – Diana Shipping Inc. Announces Time Charter Contract for m/v P. S. Palios with Koch; 20/04/2018 – DIANA SHIPPING INC – M/V ARETHUSA IS CURRENTLY CHARTERED, AS PREVIOUSLY ANNOUNCED, TO NOBLE RESOURCES INTERNATIONAL PTE. LTD., SINGAPORE; 09/03/2018 Diana Shipping Inc. Announces Time Charter Contract for m/v Calipso With Glencore; 10/05/2018 – Diana Shipping 1Q Rev $48.4M; 22/03/2018 – DSX REPORTS TIME CHARTER CONTRACT FOR M/V NEW ORLEANS; 22/03/2018 – DIANA SHIPPING INC – GROSS CHARTER RATE IS US$21,000 PER DAY, MINUS A 5% COMMISSION PAID TO THIRD PARTIES

Among 14 analysts covering Diana Shipping (NYSE:DSX), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Diana Shipping had 32 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, February 9 by Clarkson Capital. UBS downgraded Diana Shipping Inc. (NYSE:DSX) rating on Friday, September 4. UBS has “Sell” rating and $6.25 target. The firm has “Hold” rating by Stifel Nicolaus given on Monday, August 3. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, July 18. As per Friday, August 26, the company rating was upgraded by Deutsche Bank. Stifel Nicolaus maintained Diana Shipping Inc. (NYSE:DSX) rating on Monday, May 29. Stifel Nicolaus has “Hold” rating and $5.25 target. The rating was downgraded by Wells Fargo on Friday, November 20 to “Market Perform”. Stifel Nicolaus maintained Diana Shipping Inc. (NYSE:DSX) on Friday, October 20 with “Hold” rating. On Wednesday, January 17 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Buy” rating given on Friday, January 27 by Nordea.

More recent Diana Shipping Inc. (NYSE:DSX) news were published by: Hellenicshippingnews.com which released: “Better Shipping Stock to Buy: Seaspan Corporation vs. Diana Shipping” on June 19, 2018. Also Streetinsider.com published the news titled: “Diana Shipping (DSX) Announces Time Charter Contract for m/v Baltimore” on June 06, 2018. Globenewswire.com‘s news article titled: “Diana Shipping Inc. Announces Time Charter Contract for m/v PS Palios with Koch” with publication date: May 22, 2018 was also an interesting one.

Diana Shipping Inc. provides shipping transportation services. The company has market cap of $528.86 million. The firm transports a range of dry bulk cargoes, including iron ore, coal, and grains, as well as steel products, cement, and fertilizers through its ownership of dry bulk vessels worldwide. It currently has negative earnings. It operates a fleet of 48 dry bulk vessels comprising 23 Panamax, 4 Kamsarmax, 3 Post-Panamax, 14 Capesize, and 4 Newcastlemax vessels.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Buy Johnson & Johnson” on June 20, 2018, also Fool.com with their article: “Better Buy: Pfizer Inc. vs. Johnson & Johnson” published on June 17, 2018, Seekingalpha.com published: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” on June 19, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Fool.com and their article: “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Recent Purchase: Johnson & Johnson” with publication date: June 14, 2018.

Investors sentiment increased to 0.93 in 2018 Q1. Its up 0.06, from 0.87 in 2017Q4. It improved, as 63 investors sold JNJ shares while 831 reduced holdings. 111 funds opened positions while 720 raised stakes. 1.71 billion shares or 0.80% less from 1.72 billion shares in 2017Q4 were reported. Artisan Partners Partnership reported 2.41 million shares. Boston Advsr Lc stated it has 97,477 shares. Janney Capital Limited Liability Company holds 1.54% or 275,954 shares in its portfolio. Arrowmark Colorado Limited Company invested in 8,360 shares or 0.01% of the stock. 19,026 were accumulated by Hartford Mgmt. 190,701 were accumulated by Cullen Frost Bankers. 302,700 were accumulated by Nippon Life. 71,555 were reported by Farmers Tru. Benin Management Corporation holds 9,101 shares. Conning Inc has 1.55% invested in Johnson & Johnson (NYSE:JNJ). Ironwood Invest Mgmt Limited Liability Company stated it has 0.49% in Johnson & Johnson (NYSE:JNJ). 1,686 were reported by Ruggie Cap Grp. Pictet North America Advsrs has 4,286 shares for 0.08% of their portfolio. Douglass Winthrop Llc reported 1.32% stake. State Of New Jersey Common Pension Fund D owns 2.94M shares or 1.45% of their US portfolio.

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 10.50% above currents $122.57 stock price. Johnson & Johnson had 102 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. As per Friday, June 2, the company rating was maintained by BMO Capital Markets. Standpoint Research initiated the stock with “Sell” rating in Friday, May 20 report. The firm has “Buy” rating given on Wednesday, April 20 by Argus Research. The firm has “Overweight” rating given on Wednesday, April 20 by Barclays Capital. The firm has “Buy” rating given on Thursday, August 24 by Cowen & Co. Jefferies maintained the stock with “Hold” rating in Tuesday, June 14 report. On Wednesday, April 18 the stock rating was maintained by Leerink Swann with “Buy”. The stock has “Buy” rating by UBS on Tuesday, September 22. Barclays Capital downgraded the shares of JNJ in report on Tuesday, November 29 to “Equal-Weight” rating.

Since February 15, 2018, it had 0 buys, and 1 sale for $20.17 million activity. Stoffels Paulus sold $20.17M worth of stock.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart