Could C R Bard Inc (BCR) Lose its Strength? The Stock Reaches All Time High

July 17, 2017 - By Kurt Siggers

Investors sentiment decreased to 0.8 in Q4 2016. Its down 0.01, from 0.81 in 2016Q3. It fall, as 44 investors sold C R Bard Inc shares while 235 reduced holdings. 61 funds opened positions while 163 raised stakes. 62.78 million shares or 0.00% less from 62.78 million shares in 2016Q3 were reported.
Texas-based Hbk Invests Limited Partnership has invested 0% in C R Bard Inc (NYSE:BCR). Hourglass Capital Lc, a Texas-based fund reported 1,677 shares. The Washington-based Cornerstone Advsr has invested 0.01% in C R Bard Inc (NYSE:BCR). Eaton Vance Management invested in 45,954 shares. Eads And Heald Counsel has invested 0.92% of its portfolio in C R Bard Inc (NYSE:BCR). Aviva Plc has 0.14% invested in C R Bard Inc (NYSE:BCR) for 104,562 shares. Fairview Investment Mngmt Limited Liability Com invested in 6,143 shares or 0.1% of the stock. 8,779 are held by Gam Ag. Delta Lloyd Nv reported 8,757 shares. Td Asset owns 102,350 shares. Colonial Advisors reported 14,445 shares. Parametric Port Associates Limited Com has invested 0.06% in C R Bard Inc (NYSE:BCR). Wilbanks Smith & Thomas Asset Mngmt Ltd Liability Corporation holds 0.12% or 6,000 shares. Cramer Rosenthal Mcglynn Llc holds 294,410 shares. First Lp holds 0.03% or 41,272 shares in its portfolio.

Since January 31, 2017, it had 0 insider purchases, and 28 sales for $33.64 million activity. DeFord John A sold $1.39M worth of C R Bard Inc (NYSE:BCR) on Wednesday, February 8. Collins Timothy P sold $1.82 million worth of stock or 7,602 shares. HOLLAND CHRISTOPHER S sold $1.82 million worth of stock. $1.39M worth of C R Bard Inc (NYSE:BCR) was sold by Luboff Sharon M. Groetelaars John P sold 450 shares worth $108,018. Another trade for 14,425 shares valued at $3.47 million was sold by RING TIMOTHY M. Larson Betty D had sold 3,292 shares worth $793,110 on Friday, February 10.

The stock of C R Bard Inc (NYSE:BCR) reached all time high today, Jul, 17 and still has $338.82 target or 6.00 % above today’s $319.64 share price. This indicates more upside for the $23.25 billion company. This technical setup was reported by Barchart.com. If the $338.82 PT is reached, the company will be worth $1.40B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 124,314 shares traded. C R Bard Inc (NYSE:BCR) has risen 40.70% since July 17, 2016 and is uptrending. It has outperformed by 24.00% the S&P500.

Analysts expect C R Bard Inc (NYSE:BCR) to report $2.82 EPS on July, 25.They anticipate $0.26 EPS change or 10.16 % from last quarter’s $2.56 EPS. BCR’s profit would be $205.12M giving it 28.34 P/E if the $2.82 EPS is correct. After having $2.87 EPS previously, C R Bard Inc’s analysts see -1.74 % EPS growth.

C R Bard Inc (NYSE:BCR) Ratings Coverage

Among 13 analysts covering CR Bard (NYSE:BCR), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. CR Bard had 25 analyst reports since August 27, 2015 according to SRatingsIntel. Citigroup initiated it with “Buy” rating and $220 target in Thursday, November 12 report. The stock has “Hold” rating by Zacks on Monday, September 7. The stock has “Overweight” rating by Morgan Stanley on Tuesday, January 3. The stock of C R Bard Inc (NYSE:BCR) earned “Outperform” rating by Wells Fargo on Friday, September 16. BMO Capital Markets maintained the shares of BCR in report on Wednesday, April 12 with “Buy” rating. The firm earned “Buy” rating on Wednesday, July 27 by Citigroup. Raymond James upgraded C R Bard Inc (NYSE:BCR) rating on Thursday, January 5. Raymond James has “Strong Buy” rating and $265 target. Raymond James maintained it with “” rating and $265 target in Wednesday, April 26 report. The company was maintained on Monday, July 10 by BMO Capital Markets. Jefferies maintained the shares of BCR in report on Wednesday, July 27 with “Hold” rating.

More important recent C R Bard Inc (NYSE:BCR) news were published by: Gurufocus.com which released: “North American Management Corp Buys CR Bard Inc, Cisco Systems Inc, KLD GLOBAL …” on July 17, 2017, also Zacks.com published article titled: “Becton, Dickinson (BDX) Poised on CR Bard Acquisition”, Gurufocus.com published: “Brown Trout Management, LLC Buys Panera Bread Co, CR Bard Inc, Astoria …” on July 17, 2017. More interesting news about C R Bard Inc (NYSE:BCR) was released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Files Class Action Suit Against CR …” with publication date: June 23, 2017.

C. R. Bard, Inc. is engaged in designing, manufacturing, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices. The company has market cap of $23.25 billion. The Firm operates through the manufacture and sale of medical devices segment. It has a 40.64 P/E ratio. It sells a range of products to hospitals, individual healthcare professionals, extended care facilities and alternate site facilities on a global basis.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.