Johnson & Johnson (NYSE:JNJ) Shares Acquired by Redmond Asset Management LLC

Category: Finance

Redmond Asset Management LLC increased its stake in Johnson & Johnson by 0.4% in the first quarter. The institutional investor now owns 33,754 shares of the company's stock. Johnson & Johnson's stock is valued at $5,340,000 in Redmond Asset Management LLC's investment portfolio. Various other hedge funds have also made changes to their positions in the stock. Johnson & Johnson's stock opened at $149.24 on Tuesday with a market capitalization of $359.17 billion. The company has received multiple ratings from investment analysts, with a consensus rating of 'Moderate Buy' and an average target price of $174.07.

Keywords: Redmond Asset Management LLC, Johnson & Johnson, stock investment, hedge funds, market capitalization, investment analysts

Source: American Banking and Market News

Update At: 7/17/2024

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