Rand Capital (RAND) Forms $2.85 Double Bottom; Cedar Hill Associates Raised Johnson & Johnson (JNJ) Position By $1.45 Million

Rand Capital Corporation (RAND) formed double bottom with $2.76 target or 3.00% below today’s $2.85 share price. Rand Capital Corporation (RAND) has $18.02M valuation. It closed at $2.85 lastly. It is down 26.23% since December 22, 2016 and is downtrending. It has underperformed by 42.93% the S&P500.

Cedar Hill Associates Llc increased Johnson & Johnson (JNJ) stake by 563.39% reported in 2017Q3 SEC filing. Cedar Hill Associates Llc acquired 11,189 shares as Johnson & Johnson (JNJ)’s stock rose 6.85%. The Cedar Hill Associates Llc holds 13,175 shares with $1.71M value, up from 1,986 last quarter. Johnson & Johnson now has $378.72B valuation. The stock decreased 0.06% or $0.09 during the last trading session, reaching $140.97. About 279,783 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since December 22, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Investors sentiment increased to 5 in Q3 2017. Its up 2.00, from 3 in 2017Q2. It improved, as 1 investors sold Rand Capital Corporation shares while 0 reduced holdings. 3 funds opened positions while 2 raised stakes. 1.72 million shares or 225.01% more from 530,429 shares in 2017Q2 were reported. 85,000 were reported by Raffles Assoc Limited Partnership. Brown Advisory, Maryland-based fund reported 30,000 shares. Shufro Rose Ltd Com invested in 179,639 shares. Atlantic Trust Group Limited Com reported 227,691 shares. Alabama-based Associated Banc has invested 0.05% in Rand Capital Corporation (NASDAQ:RAND).

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. The company was maintained on Wednesday, October 18 by Stifel Nicolaus. The stock has “Buy” rating by Credit Suisse on Thursday, October 19. The rating was upgraded by Argus Research to “Buy” on Wednesday, July 20. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, November 29 report. The firm earned “Overweight” rating on Monday, May 15 by JP Morgan. Stifel Nicolaus maintained it with “Hold” rating and $14000 target in Tuesday, July 18 report. Jefferies maintained it with “Hold” rating and $113 target in Thursday, July 14 report. The firm has “Buy” rating by UBS given on Tuesday, September 22. The company was maintained on Thursday, August 24 by Cowen & Co. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Thursday, October 5 by BMO Capital Markets.

Cedar Hill Associates Llc decreased Texas Instruments (NASDAQ:TXN) stake by 5,836 shares to 101,237 valued at $9.07 million in 2017Q3. It also reduced Thermo Fisher Scientific (NYSE:TMO) stake by 4,805 shares and now owns 60,384 shares. Ishares Tr Barclays 1 (CSJ) was reduced too.