Becton Dickinson and (BDX) Rating Increased to Buy at Zacks Investment Research

Marco Green
February 11, 2018

Year to date Becton, Dickinson and Company (NYSE:BDX) is 1.44%, -1.94% over the last quarter, and 9.54% for the past six months.

The counter witnessed a trading volume of 1.21 million shares versus an average volume of 0.61 million shares during last trading session. The fund owned 3,914 shares of the medical instruments supplier's stock after buying an additional 1,250 shares during the period.

Becton, Dickinson and Company (BDX) stock price traded at a gap of -9.79% from an average price of last twenty days and stands at a distance of -6.45% away from it's an average price of recent fifty days. It has underperformed by 4.38% the S&P500. Zacks Investment Research upgraded Becton Dickinson and from a "hold" rating to a "buy" rating and set a $240.00 price target on the stock in a research report on Wednesday, January 3rd. SNC-Lavalin Group had 45 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, August 25, the company rating was maintained by Piper Jaffray. The stock of SNC-Lavalin Group Inc. On Wednesday, January 4 the stock rating was maintained by TD Securities with "Buy". The firm has "Hold" rating by RBC Capital Markets given on Thursday, August 3. RBC Capital Markets maintained Becton, Dickinson and Company (NYSE:BDX) on Friday, November 3 with "Hold" rating. Shareholders of record on Friday, March 9th will be paid a $0.75 dividend. The firm has "Buy" rating given on Friday, February 19 by Needham. Buckingham Research downgraded Rayonier Inc. On Monday, July 10 the stock rating was maintained by Cowen & Co with "Buy". It now has negative earnings. Therefore 63% are positive. Wells Fargo & Co reiterated a "positive" rating and issued a $235.00 price objective (up from $225.00) on shares of Becton Dickinson and in a report on Tuesday, October 24th. HYSNF's SI was 255,000 shares in February as released by FINRA. The company was maintained on Wednesday, February 7 by Morgan Stanley. The firm has "Hold" rating by Deutsche Bank given on Thursday, September 28. Becton, Dickinson and's dividend payout ratio (DPR) is presently 83.43%. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock has "Buy" rating by Deutsche Bank on Friday, December 29. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Bank of America restated a "buy" rating and issued a $260.00 price target on shares of Becton Dickinson and in a research report on Friday, January 19th.

Since August 9, 2017, it had 0 buys, and 7 insider sales for $12.94 million activity. The insider Tharby Linda M sold $941,254. Texas Permanent School Fund holds 0.16% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 62,275 shares. Shares for $1.50M were sold by Mas Ribo Alberto. Arrow Fincl accumulated 0.03% or 1,010 shares. Shares for $1.84M were sold by Strahlman Ellen R. (NYSE:LDL) or 27,189 shares.

Perhaps, that suggests something about why 0.63% of the outstanding share supply is held by institutional investors. Its up 0.16, from 1.25 in 2017Q2. It dived, as 53 investors sold BDX shares while 344 reduced holdings. 37 funds opened positions while 93 raised stakes. The medical instruments supplier reported $2.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.41 by $0.07. Zions Bancorporation now owns 10,718 shares of the medical instruments supplier's stock worth $2,100,000 after buying an additional 2,050 shares during the period. Nomura Holdg, a Japan-based fund reported 20,591 shares. Ftb stated it has 0.01% in Becton, Dickinson and Company (NYSE:BDX). Westwood Holdings Group Inc. increased its stake in shares of Becton Dickinson and by 24.2% during the 2nd quarter. Finally, Quadrant Capital Group LLC raised its holdings in Becton Dickinson and by 0.5% in the 2nd quarter.

A number of other institutional investors have also recently bought and sold shares of BDX.

Several analysts have recently weighed in on the company. Peapack Gladstone Financial Corp boosted its holdings in Becton Dickinson and by 1.3% in the 2nd quarter. Artisan Partners Partnership has 0.08% invested in Tyler Technologies, Inc. Trust Of Vermont reported 50,105 shares. Macquarie Gru Ltd invested in 0.03% or 93,453 shares. Following the completion of the sale, the executive vice president now directly owns 18,670 shares of the company's stock, valued at $3,742,961.60. Shine Invest Advisory Services Incorporated holds 0.02% or 199 shares.

Dermira, Inc., a biopharmaceutical company, engages in identifying, developing, and commercializing therapies to enhance the lives of patients with dermatologic diseases primarily in the United States. Investment Counselors Of Maryland Ltd Company owns 1.18% invested in Lydall, Inc. The firm operates in four divisions: Timber, Real Estate, Performance Fibers, and Wood Products. It has a 24.97 P/E ratio. Timber segment owns, leases, or manages timberlands and sells standing timber at auction to third parties, as well as sells delivered logs. The stock increased 2.60% or $2.82 during the last trading session, reaching $111.3. In that case, its shares would mark a 2.26% decline from the most recent price. Lydall Inc now has $761.23 million valuation. It has underperformed by 0.03% the S&P500.

Investors sentiment decreased to 0.93 in 2017 Q3. Its the same as in 2017Q2. It also reduced its holding in Honeywell International (NYSE:HON) by 3,740 shares in the quarter, leaving it with 126,738 shares, and cut its stake in Procter & Gamble (NYSE:PG). 105.65 million shares or 1.57% more from 104.03 million shares in 2017Q2 were reported. Burgundy Asset Management Ltd holds 1.48% or 796,035 shares in its portfolio. (NYSE:ABBV) for 15,430 shares. 23,514 were accumulated by Strategy Asset Managers Limited Liability. Westwood Grp stated it has 1.03M shares or 1.6% of all its holdings. Suntrust Banks, Georgia-based fund reported 43,505 shares. Hutchinson Mgmt Ca has invested 0.08% in Deere & Company (NYSE:DE). (NYSE:TYL) for 73,669 shares. Third Avenue Mngmt Ltd reported 4.38% in Rayonier Inc. Thomaspartners owns 1.20M shares. Mckinley Carter Wealth Inc owns 6,849 shares.

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