Saratoga Research & Investment Management Stake in Becton Dickinson & Co (BDX) Has Lowered as Shares Rose

December 8, 2017 - By Kurt Siggers

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.31, from 0.87 in 2017Q1. It improved, 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. Moreover, Wfg Advsrs Ltd Partnership has 0.24% invested in Becton, Dickinson and Company (NYSE:BDX). South State Corporation holds 0.04% in Becton, Dickinson and Company (NYSE:BDX) or 1,448 shares. Cibc Ww Markets owns 36,177 shares or 0.03% of their US portfolio. Family Firm reported 1,212 shares or 0.1% of all its holdings. Ami Asset Mngmt Corporation has invested 2.95% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Public Sector Pension Invest Board accumulated 25,943 shares. 27 were reported by Mark Sheptoff Finance Planning Limited Liability Corp. Illinois-based Zuckerman Inv Ltd Liability has invested 2.66% in Becton, Dickinson and Company (NYSE:BDX). Commonwealth Equity Serv holds 0.06% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 52,111 shares. 12,289 were reported by Mckinley Carter Wealth Services Inc. Tower Cap Ltd Company (Trc) owns 100 shares for 0% of their portfolio. Spinnaker Trust invested in 0.12% or 4,880 shares. Meiji Yasuda Asset Co Ltd reported 22,829 shares. Pub Employees Retirement Association Of Colorado invested in 0.27% or 186,747 shares. Farmers & Merchants Invs holds 0.35% or 21,447 shares.

Saratoga Research & Investment Management decreased its stake in Becton Dickinson & Co (BDX) by 41.82% based on its latest 2017Q2 regulatory filing with the SEC. Saratoga Research & Investment Management sold 89,099 shares as the company’s stock rose 1.79% with the market. The institutional investor held 123,972 shares of the health care company at the end of 2017Q2, valued at $24.19M, down from 213,071 at the end of the previous reported quarter. Saratoga Research & Investment Management who had been investing in Becton Dickinson & Co for a number of months, seems to be less bullish one the $49.66B market cap company. The stock decreased 0.17% or $0.36 during the last trading session, reaching $217.81. About 1.35 million shares traded or 9.31% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since December 8, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

Analysts await Becton, Dickinson and Company (NYSE:BDX) to report earnings on February, 1. They expect $2.45 earnings per share, up 5.15 % or $0.12 from last year’s $2.33 per share. BDX’s profit will be $558.55 million for 22.23 P/E if the $2.45 EPS becomes a reality. After $2.40 actual earnings per share reported by Becton, Dickinson and Company for the previous quarter, Wall Street now forecasts 2.08 % EPS growth.

More notable recent Becton, Dickinson and Company (NYSE:BDX) news were published by: Investorplace.com which released: “Becton Dickinson & Co (BDX) a Strong Buy on Stellar Earnings Growth” on November 21, 2017, also Nasdaq.com with their article: “Becton, Dickinson and Co (BDX) Files 10-K for the Fiscal Year Ended on …” published on November 22, 2017, Fool.com published: “Becton, Dickinson and Co Shows It’s “Consistent” and “Reliable” in the Face of …” on November 08, 2017. More interesting news about Becton, Dickinson and Company (NYSE:BDX) were released by: Nasdaq.com and their article: “AEGON USA Investment Management, LLC Buys Becton, Dickinson and Co, Blackrock …” published on November 08, 2017 as well as Nasdaq.com‘s news article titled: “Becton, Dickinson Moves Up In Market Cap Rank, Passing Southern Company” with publication date: November 28, 2017.

Becton, Dickinson and Company (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 had 40 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) on Thursday, November 9 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Friday, September 22 report. The rating was maintained by Jefferies on Tuesday, July 18 with “Buy”. On Friday, June 30 the stock rating was upgraded by Raymond James to “Strong Buy”. The firm has “Buy” rating by Piper Jaffray given on Tuesday, July 18. Stifel Nicolaus maintained Becton, Dickinson and Company (NYSE:BDX) rating on Thursday, August 3. Stifel Nicolaus has “Buy” rating and $22000 target. Citigroup initiated the shares of BDX in report on Thursday, November 12 with “Neutral” rating. The rating was maintained by Argus Research with “Buy” on Wednesday, August 19. The firm earned “Sector Perform” rating on Friday, August 7 by RBC Capital Markets. The rating was maintained by Citigroup on Thursday, February 4 with “Neutral”.

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