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Okabena Investment Services Inc. Acquires 7,249 Shares of Johnson & Johnson $JNJ
Okabena Investment Services Inc. significantly increased its stake in Johnson & Johnson (JNJ) by buying an additional 7,249 shares, bringing their total holdings to 12,223 shares valued at approximately $2.266 million. The article also notes J&J’s recent dividend announcement of $1.30 per share and a mixed outlook, with promising early clinical trial data for a new drug contrasted by renewed product-liability risks from a recent talc-related jury verdict. Despite some insider selling, analysts maintain a “Moderate Buy” rating for the stock.