Mar Vista Investment Partners LLC cut its stake in Johnson & Johnson ( NYSE:JNJ – Get Rating ) by 32.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 355,214 shares of the company's stock after selling 167,887 shares during the period. Johnson & Johnson accounts for 2.8% of Mar Vista Investment Partners LLC's holdings, making the stock its 18th biggest holding. Mar Vista Investment Partners LLC's holdings in Johnson & Johnson were worth $62,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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