AlTi Global Inc. has reduced its stake in Johnson & Johnson by 4.7%, selling 4,458 shares and now holding 89,816 shares valued at approximately $16.65 million. This occurred as Johnson & Johnson reported strong Q3 earnings, meeting EPS estimates and exceeding revenue expectations, while also announcing a quarterly dividend of $1.30 per share. Several other institutional investors have also adjusted their positions in JNJ, with overall institutional ownership at 69.55%.
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AlTi Global Inc. Sells 4,458 Shares of Johnson & Johnson $JNJ
AlTi Global Inc. has reduced its stake in Johnson & Johnson by 4.7%, selling 4,458 shares and now holding 89,816 shares valued at approximately $16.65 million. This occurred as Johnson & Johnson reported strong Q3 earnings, meeting EPS estimates and exceeding revenue expectations, while also announcing a quarterly dividend of $1.30 per share. Several other institutional investors have also adjusted their positions in JNJ, with overall institutional ownership at 69.55%.