Guyasuta Investment Advisors Inc. Has $257,000 Position in Mead Johnson Nutrition CO (MJN)

Guyasuta Investment Advisors Inc. lowered its stake in shares of Mead Johnson Nutrition CO (NYSE:MJN) by 1.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,887 shares of the company’s stock after selling 48 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Mead Johnson Nutrition CO were worth $257,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in MJN. HBK Investments L P increased its stake in shares of Mead Johnson Nutrition CO by 457.3% in the third quarter. HBK Investments L P now owns 33,500 shares of the company’s stock valued at $2,647,000 after buying an additional 27,489 shares during the last quarter. Echo Street Capital Management LLC increased its stake in shares of Mead Johnson Nutrition CO by 1,272.0% in the third quarter. Echo Street Capital Management LLC now owns 342,542 shares of the company’s stock valued at $27,064,000 after buying an additional 317,575 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of Mead Johnson Nutrition CO during the third quarter valued at approximately $72,136,000. Capital Innovations LLC increased its stake in shares of Mead Johnson Nutrition CO by 12.4% in the third quarter. Capital Innovations LLC now owns 4,160 shares of the company’s stock valued at $329,000 after buying an additional 460 shares during the last quarter. Finally, United Services Automobile Association increased its stake in shares of Mead Johnson Nutrition CO by 4.8% in the third quarter. United Services Automobile Association now owns 61,020 shares of the company’s stock valued at $4,821,000 after buying an additional 2,820 shares during the last quarter. Institutional investors and hedge funds own 95.36% of the company’s stock.

Institutional Ownership by Quarter for Mead Johnson Nutrition CO (NYSE:MJN)

Shares of Mead Johnson Nutrition CO (NYSE:MJN) traded up 0.062% on Friday, hitting $89.245. The stock had a trading volume of 718,213 shares. The stock has a market cap of $16.39 billion, a P/E ratio of 28.038 and a beta of 1.38. The firm’s 50-day moving average is $88.91 and its 200 day moving average is $81.27. Mead Johnson Nutrition CO has a 1-year low of $69.25 and a 1-year high of $94.40.

Mead Johnson Nutrition CO (NYSE:MJN) last posted its quarterly earnings data on Thursday, April 27th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Mead Johnson Nutrition CO had a negative return on equity of 125.35% and a net margin of 14.56%. The business had revenue of $883.50 million during the quarter, compared to analysts’ expectations of $911.63 million. During the same quarter in the previous year, the firm earned $0.87 EPS. The firm’s revenue was down 8.2% compared to the same quarter last year. Equities analysts forecast that Mead Johnson Nutrition CO will post $3.16 EPS for the current year.

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Several equities research analysts recently commented on the company. Zacks Investment Research upgraded Mead Johnson Nutrition CO from a “sell” rating to a “hold” rating in a report on Wednesday, April 5th. Wells Fargo & Co lowered Mead Johnson Nutrition CO from an “outperform” rating to a “market perform” rating and set a $89.00 price objective for the company. in a research note on Monday, April 3rd. Susquehanna Bancshares Inc set a $90.00 price objective on Mead Johnson Nutrition CO and gave the company a “hold” rating in a research note on Saturday, April 1st. Citigroup Inc lowered Mead Johnson Nutrition CO from a “buy” rating to a “neutral” rating in a research note on Monday, March 6th. Finally, Credit Suisse Group AG lowered Mead Johnson Nutrition CO from an “outperform” rating to a “neutral” rating and set a $90.00 price objective for the company. in a research note on Sunday, March 5th. Two analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $84.83.

About Mead Johnson Nutrition CO

Mead Johnson Nutrition Company (Mead Johnson) is a pediatric nutrition company. The Company manufactures, distributes and sells infant formulas, children’s nutrition and other nutritional products. The Company operates through three segments: Asia, Latin America and North America/Europe. Its product portfolio includes routine and specialty infant formulas, children’s milks and milk modifiers, dietary supplements for pregnant and breastfeeding mothers, pediatric vitamins, and products for pediatric metabolic disorders.

12 Month Chart for NYSE:MJN

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