Engaged Capital Position in Jamba (JMBA) Increased by $958,811 as Share Value Declined; Valley National Advisers Has Cut Its Stake in Johnson & Johnson (JNJ) by $3.05 Million

November 15, 2017 - By Ellis Scott

Glenn W. Welling increased its stake in Jamba Inc (JMBA) by 5.08% based on its latest 2017Q2 regulatory filing with the SEC. Engaged Capital Llc bought 136,973 shares as the company’s stock declined 25.54% while stock markets rallied. The hedge fund run by Glenn W. Welling held 2.83M shares of the consumer services company at the end of 2017Q2, valued at $22.08M, up from 2.70M at the end of the previous reported quarter. Engaged Capital Llc who had been investing in Jamba Inc for a number of months, seems to be bullish on the $120.65 million market cap company. The stock decreased 2.60% or $0.21 on November 14, reaching $7.87. About shares traded. Jamba, Inc. (NASDAQ:JMBA) has declined 34.83% since November 15, 2016 and is downtrending. It has underperformed by 51.53% the S&P500.




Valley National Advisers Inc decreased its stake in Johnson & Johnson (JNJ) by 67.78% based on its latest 2017Q2 regulatory filing with the SEC. Valley National Advisers Inc sold 23,100 shares as the company’s stock rose 6.85% with the market. The institutional investor held 10,983 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $1.45M, down from 34,083 at the end of the previous reported quarter. Valley National Advisers Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $374.74B market cap company. The stock decreased 0.20% or $0.28 during the last trading session, reaching $139.49. About 834 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since November 15, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Investors sentiment decreased to 0.57 in Q2 2017. Its down 0.69, from 1.26 in 2017Q1. It fall, as 19 investors sold JMBA shares while 18 reduced holdings. 10 funds opened positions while 11 raised stakes. 13.16 million shares or 0.03% less from 13.16 million shares in 2017Q1 were reported. Massachusetts-based Wellington Mgmt Grp Ltd Liability Partnership has invested 0% in Jamba, Inc. (NASDAQ:JMBA). Millennium Mngmt Ltd invested in 0% or 11,582 shares. First Republic Investment Mgmt Incorporated reported 0% of its portfolio in Jamba, Inc. (NASDAQ:JMBA). Boothbay Fund Mngmt Ltd Liability Company, New York-based fund reported 17,030 shares. Bnp Paribas Arbitrage accumulated 0% or 2 shares. Goldman Sachs Gru Inc Inc accumulated 149,154 shares. Carroll Financial Inc invested in 100 shares. Bridgeway Management reported 0.01% stake. Pax World Management holds 0.29% of its portfolio in Jamba, Inc. (NASDAQ:JMBA) for 650,000 shares. Engaged Capital Ltd owns 2.83 million shares. Grp Incorporated One Trading LP has 0% invested in Jamba, Inc. (NASDAQ:JMBA) for 300 shares. Nantahala Mngmt Limited Liability Company has 0.58% invested in Jamba, Inc. (NASDAQ:JMBA) for 944,129 shares. Moreover, Bank & Trust Of Montreal Can has 0% invested in Jamba, Inc. (NASDAQ:JMBA). State Street invested in 34,761 shares. Deutsche Commercial Bank Ag has 0% invested in Jamba, Inc. (NASDAQ:JMBA) for 151,001 shares.

More notable recent Jamba, Inc. (NASDAQ:JMBA) news were published by: Businesswire.com which released: “Jamba, Inc. Announces New Chief Marketing Officer” on October 30, 2017, also Businesswire.com with their article: “Jamba, Inc. Announces Receipt of Expected Letter from Nasdaq” published on August 18, 2017, Finance.Yahoo.com published: “Jamba, Inc. Provides Fiscal Year 2016 Update and 2017 Outlook” on March 20, 2017. More interesting news about Jamba, Inc. (NASDAQ:JMBA) were released by: Businesswire.com and their article: “Jamba, Inc. Provides Update for Fiscal Year 2017 First and Second Quarter …” published on August 09, 2017 as well as Businesswire.com‘s news article titled: “Jamba, Inc. Announces Acquisition and Growth Agreement with Largest Franchise …” with publication date: October 04, 2017.

Among 3 analysts covering Jamba (NASDAQ:JMBA), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Jamba had 5 analyst reports since August 26, 2015 according to SRatingsIntel. As per Tuesday, November 22, the company rating was reinitiated by Wedbush. Dougherty & Company downgraded Jamba, Inc. (NASDAQ:JMBA) on Tuesday, November 10 to “Neutral” rating. TheStreet upgraded the stock to “Sell” rating in Wednesday, August 26 report.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 13 have Buy rating, 5 Sell and 5 Hold. Therefore 57% are positive. Johnson & Johnson had 83 analyst reports since August 7, 2015 according to SRatingsIntel. Atlantic Securities downgraded the stock to “Sell” rating in Friday, July 21 report. On Tuesday, March 15 the stock rating was maintained by Jefferies with “Hold”. The stock has “Overweight” rating by Barclays Capital on Wednesday, April 20. On Tuesday, July 18 the stock rating was maintained by BMO Capital Markets with “Buy”. Vetr downgraded the stock to “Strong-Buy” rating in Monday, August 31 report. Goldman Sachs maintained the stock with “Neutral” rating in Wednesday, April 20 report. The rating was maintained by Stifel Nicolaus on Tuesday, July 18 with “Hold”. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by BMO Capital Markets on Tuesday, October 17. The company was upgraded on Tuesday, September 29 by Deutsche Bank. The stock of Johnson & Johnson (NYSE:JNJ) has “Hold” rating given on Tuesday, September 13 by Jefferies.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.03, from 0.86 in 2017Q1. It turned negative, as 50 investors sold JNJ shares while 878 reduced holdings. 105 funds opened positions while 667 raised stakes. 1.73 billion shares or 0.03% less from 1.73 billion shares in 2017Q1 were reported. Affinity Wealth Management has invested 0.77% in Johnson & Johnson (NYSE:JNJ). Massachusetts-based Opus Management has invested 1.12% in Johnson & Johnson (NYSE:JNJ). Atlas Browninc reported 33,275 shares. Hedeker Wealth Limited Liability Com holds 2.04% or 16,029 shares. Ig stated it has 1.53M shares or 1.04% of all its holdings. Central Secs Corp accumulated 85,000 shares or 2.01% of the stock. Tukman Grossman Capital Inc invested in 7.41% or 162,038 shares. Ledyard State Bank holds 63,926 shares or 1.21% of its portfolio. Girard Ptnrs Ltd accumulated 82,224 shares. Financial Bank Hapoalim Bm invested in 0.11% or 3,373 shares. Brouwer And Janachowski Limited Liability Corp has 3,093 shares. Cv Starr And Com Inc Tru has invested 2.28% in Johnson & Johnson (NYSE:JNJ). Peak Asset Ltd Com accumulated 0.65% or 13,304 shares. 231,485 are held by Gillespie Robinson & Grimm. Texas Yale Cap stated it has 40,237 shares.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. They expect $1.72 earnings per share, up 8.86% or $0.14 from last year’s $1.58 per share. JNJ’s profit will be $4.62 billion for 20.27 P/E if the $1.72 EPS becomes a reality. After $1.90 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -9.47% negative EPS growth.

Valley National Advisers Inc, which manages about $555.94 million and $278.34M US Long portfolio, upped its stake in Claymore Exchange Trd Fd Tr (BSCK) by 298,842 shares to 1.79M shares, valued at $38.48 million in 2017Q2, according to the filing. It also increased its holding in Claymore Exchange Trd Fd Tr (BSCI) by 27,143 shares in the quarter, for a total of 89,427 shares, and has risen its stake in Claymore Exchange Trd Fd Tr (BSCM).

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