Johnson & Johnson (NYSE:JNJ) issued its quarterly earnings data on Tuesday. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.02, Bloomberg Earnings reports. Johnson & Johnson had a net margin of 21.28% and a return on equity of 27.38%. The business had revenue of $20.20 billion during the quarter, compared to analysts’ expectations of $20.08 billion. During the same period last year, the company posted $1.58 EPS. The business’s revenue was up 11.5% on a year-over-year basis. Johnson & Johnson updated its FY18 guidance to $8.00-8.20 EPS.
Shares of Johnson & Johnson (JNJ) opened at $148.14 on Tuesday. Johnson & Johnson has a twelve month low of $110.76 and a twelve month high of $148.32. The firm has a market cap of $397,980.00, a PE ratio of 25.72, a P/E/G ratio of 2.76 and a beta of 0.80. The company has a current ratio of 1.32, a quick ratio of 1.02 and a debt-to-equity ratio of 0.36.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 27th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, February 26th. This represents a $3.36 dividend on an annualized basis and a yield of 2.27%. Johnson & Johnson’s payout ratio is 58.33%.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Premier Asset Management LLC lifted its holdings in Johnson & Johnson by 0.4% during the 2nd quarter. Premier Asset Management LLC now owns 2,749 shares of the company’s stock valued at $363,000 after buying an additional 12 shares in the last quarter. LMR Partners LLP bought a new stake in Johnson & Johnson during the 2nd quarter valued at about $2,784,000. Dupont Capital Management Corp lifted its holdings in Johnson & Johnson by 19.5% during the 2nd quarter. Dupont Capital Management Corp now owns 330,122 shares of the company’s stock valued at $43,672,000 after buying an additional 53,912 shares in the last quarter. QV Investors Inc. lifted its holdings in Johnson & Johnson by 6.7% during the 2nd quarter. QV Investors Inc. now owns 36,565 shares of the company’s stock valued at $4,837,000 after buying an additional 2,310 shares in the last quarter. Finally, S. R. Schill & Associates lifted its holdings in Johnson & Johnson by 0.4% during the 2nd quarter. S. R. Schill & Associates now owns 10,494 shares of the company’s stock valued at $1,388,000 after buying an additional 40 shares in the last quarter. Institutional investors own 65.72% of the company’s stock.
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Johnson & Johnson Company Profile
Johnson & Johnson is a holding company, which is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. It operates through three segments: Consumer, Pharmaceutical and Medical Devices. Its primary focus is products related to human health and well-being.
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