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Shell Asset Management Co. Sells 4,836 Shares of Johnson & Johnson $JNJ
Shell Asset Management Co. has reduced its stake in Johnson & Johnson (NYSE:JNJ) by 47.7% during the third quarter, selling 4,836 shares to now own 5,296 shares valued at $982,000. Despite this, other institutional investors have slightly increased their holdings in the company. Johnson & Johnson stock performance shows a 50-day moving average of $218.09 and analysts have a consensus target price of $233.73, with many rating it a “Buy” or “Strong Buy”.