Becton Dickinson & Co (BDX) Market Value Rose While Price T Rowe Associates INC Upped Stake by $2.44 Billion

November 14, 2017 - By Vivian Currie

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.31, from 0.87 in 2017Q1. It increased, as 50 investors sold BDX shares while 311 reduced holdings. 91 funds opened positions while 334 raised stakes. 195.76 million shares or 16.43% more from 168.14 million shares in 2017Q1 were reported. Millennium Mngmt Limited Liability Com invested in 0.34% or 990,242 shares. 4,875 are held by Mountain Pacific Investment Advisers Id. Tru Of Virginia Va holds 1.88% of its portfolio in Becton Dickinson and Co (NYSE:BDX) for 63,773 shares. Glenmede Tru Na accumulated 21,178 shares. Oak Oh has invested 0.17% in Becton Dickinson and Co (NYSE:BDX). 1.99 million were accumulated by Generation Investment Mngmt Ltd Liability Partnership. Zevenbergen Limited Co owns 4,115 shares. Gemmer Asset Limited Liability Com has 0.01% invested in Becton Dickinson and Co (NYSE:BDX). Dubuque Retail Bank And Tru holds 3,230 shares or 0.14% of its portfolio. Stevens First Principles Invest owns 17,620 shares for 2.03% of their portfolio. Glob X Commerce Ltd invested 0.02% of its portfolio in Becton Dickinson and Co (NYSE:BDX). Bar Harbor Trust stated it has 3.37% of its portfolio in Becton Dickinson and Co (NYSE:BDX). Amg Natl Bank & Trust holds 0.14% in Becton Dickinson and Co (NYSE:BDX) or 9,736 shares. Massachusetts-based Ngam Advsr Lp has invested 0.04% in Becton Dickinson and Co (NYSE:BDX). Pictet & Cie (Europe) reported 8,750 shares.

Since May 25, 2017, it had 0 buys, and 1 sale for $5.35 million activity.

Price T Rowe Associates Inc increased its stake in Becton Dickinson & Co (BDX) by 83.39% based on its latest 2017Q2 regulatory filing with the SEC. Price T Rowe Associates Inc bought 12.49M shares as the company’s stock rose 1.79% with the market. The institutional investor held 27.47M shares of the health care company at the end of 2017Q2, valued at $5.36B, up from 14.98M at the end of the previous reported quarter. Price T Rowe Associates Inc who had been investing in Becton Dickinson & Co for a number of months, seems to be bullish on the $50.07 billion market cap company. The stock rose 0.05% or $0.12 reaching $220.04 per share. About 636,784 shares traded. Becton Dickinson and Co (NYSE:BDX) has risen 12.32% since November 14, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

Price T Rowe Associates Inc, which manages about $556.16 billion US Long portfolio, decreased its stake in Tractor Supply Co (NASDAQ:TSCO) by 1.33M shares to 4.67 million shares, valued at $252.96M in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (IWM) by 40,996 shares in the quarter, leaving it with 99,434 shares, and cut its stake in Barclays Plc (NYSE:BCS).

More notable recent Becton Dickinson and Co (NYSE:BDX) news were published by: Fool.com which released: “Becton, Dickinson and Co Shows It’s “Consistent” and “Reliable” in the Face of …” on November 08, 2017, also Seekingalpha.com with their article: “Becton, Dickinson & Co. (BDX) Q4 2017 Results – Earnings Call Transcript” published on November 02, 2017, Investorplace.com published: “Becton Dickinson & Co (BDX) a Buy on Robust Quant Score” on October 31, 2017. More interesting news about Becton Dickinson and Co (NYSE:BDX) were released by: Businesswire.com and their article: “Eastern District Court Denies Motion to Reconsider Becton, Dickinson and Co …” published on October 31, 2017 as well as Businesswire.com‘s news article titled: “Global Injectable Drug Delivery Market 2017-2024 – Becton Dickinson and Co Set …” with publication date: October 19, 2017.

Becton Dickinson and Co (NYSE:BDX) Ratings Coverage

Among 17 analysts covering Becton Dickinson (NYSE:BDX), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Becton Dickinson has $255.0 highest and $146 lowest target. $202’s average target is -8.20% below currents $220.04 stock price. Becton Dickinson had 40 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $200 target in Thursday, March 30 report. As per Friday, June 30, the company rating was upgraded by Raymond James. UBS maintained Becton Dickinson and Co (NYSE:BDX) on Friday, August 5 with “Buy” rating. Wells Fargo initiated it with “Buy” rating and $225.0 target in Friday, September 22 report. Citigroup maintained Becton Dickinson and Co (NYSE:BDX) on Thursday, February 4 with “Neutral” rating. The stock has “Buy” rating by Jefferies on Thursday, November 9. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, November 2. The company was maintained on Monday, July 10 by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, January 5 by Raymond James. Cowen & Co maintained Becton Dickinson and Co (NYSE:BDX) on Monday, August 14 with “Buy” rating.

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