KCM Investment Advisors LLC Reduces Stake in Becton, Dickinson and Company (BDX)

Lloyd Doyle
October 13, 2017

Its share price has risen 3.47% in three months and is down -3.20% for the last five trades. Moreover, Swiss Financial Bank has 0.27% invested in Becton Dickinson and Co (NYSE:BDX). It has underperformed by 16.70% the S&P500. Dorsey & Whitney Trust CO LLC now owns 1,675 shares of the medical instruments supplier's stock valued at $327,000 after buying an additional 25 shares in the last quarter. Aetna Inc New now has $51.91B valuation. The stock increased 0.52% or $0.2 during the last trading session, reaching $38.5. ORBCOMM Inc (NASDAQ:ORBC) has risen 5.18% since October 12, 2016 and is uptrending.

Since May 2, 2017, it had 2 buys, and 7 selling transactions for $1.56 million activity. Visa Inc (NYSE:V) was reduced too. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. $125,118 worth of Aetna Inc (NYSE:AET) was sold by Coye Molly Joel.

Investors sentiment decreased to 0.69 in Q2 2017. Its up 0.18, from 0.97 in 2017Q1. It dropped, as 62 investors sold AET shares while 331 reduced holdings. 290.06 million shares or 2.18% less from 296.52 million shares in 2017Q1 were reported. Ny State Common Retirement Fund invested in 0.24% or 936,270 shares. Eagle Boston Investment Management Inc sold 90,424 shares as the company's stock rose 8.42% with the market. Columbus Circle Invsts owns 36,539 shares. Fundsmith Llp holds 4.71% or 2.30M shares in its portfolio. Rothschild Inv Corporation Il invested in 0.06% or 2,698 shares. Jnba Fin holds 246 shares or 0.01% of its portfolio. The United Kingdom-based Gsa Capital Partners Llp has invested 0.09% in the stock. Stockholders of record on Friday, September 8th were paid a dividend of $0.73 per share. Cubist Systematic Strategies Ltd Company owns 3,291 shares. Advantus Cap Incorporated owns 33,554 shares or 0.13% of their U.S. portfolio. American Asset Mngmt reported 0.13% stake.

Bares Capital Management Inc increased Ansys Inc. Aetna had 47 analyst reports since July 30, 2015 according to SRatingsIntel. Deutsche Bank maintained it with "Hold" rating and $155.0 target in Monday, August 10 report. The SI to Becton Dickinson & Company's float is 6%. The company has an average rating of "Buy" and an average price target of $200.93. The company was upgraded on Thursday, February 11 by Deutsche Bank. Mutual Insurance Federation Of Agricultural Cooperatives has invested 0.09% in Becton Dickinson and Co (NYSE:BDX). On Thursday, August 17 the stock rating was maintained by Morgan Stanley with "Overweight". The rating was downgraded by Raymond James to "Outperform" on Thursday, January 5. The institutional investor held 60,157 shares of the health care company at the end of 2017Q2, valued at $11.74 million, up from 2,051 at the end of the previous reported quarter.

Becton, Dickinson and Company most recently reported earnings per share (EPS) of $2.46 for the June 2017 versus $2.35 in the same quarter past year, representing 5% growth. It also upped Ingersoll Rand Plc (NYSE:IR) stake by 46,800 shares and now owns 73,469 shares.


Among 17 analysts covering Becton Dickinson (NYSE:BDX), 9 have Buy rating, 1 Sell and 7 Hold. BidaskClub upgraded Becton, Dickinson and from a "hold" rating to a "buy" rating in a research report on Monday, August 14th. Becton, Dickinson and now has a consensus rating of "Buy" and a consensus target price of $200.93. The firm earned "Buy" rating on Monday, July 10 by Cowen & Co. The firm earned "Buy" rating on Tuesday, September 26 by Jefferies. As per Tuesday, August 22, the company rating was maintained by Jefferies. RBC Capital Markets maintained it with "Hold" rating and $210.0 target in Friday, September 22 report. Following the completion of the transaction, the insider now directly owns 95,781 shares in the company, valued at approximately $19,517,294.37. The firm has "Neutral" rating by Bank of America given on Thursday, July 13. Wms Prns Ltd Llc invested in 11,489 shares. BDX's profit will be $540.90 million for 20.90 P/E if the $2.37 EPS becomes a reality.

On a similar note, analysts expect EPS of $2.37 in September 2017 quarter and $2.42 in December 2017 quarter, representing 11.79% and 3.86% growth, respectively.

Since May 25, 2017, it had 0 insider purchases, and 1 insider sale for $5.35 million activity. 28,765 shares were sold by SHERMAN JEFFREY S, worth $5.35 million on Thursday, May 25.

Investors sentiment increased to 1.15 in 2017 Q2. It increased, as 50 investors sold BDX shares while 311 reduced holdings. Comerica Securities Inc. raised its stake in Becton, Dickinson and by 14.8% in the second quarter. 195.76 million shares or 16.43% more from 168.14 million shares in 2017Q1 were reported. Natixis Asset Management invested in 19,045 shares. Loomis Sayles Lp accumulated 859 shares. The stock has a 50 day moving average price of $197.04 and a 200 day moving average price of $192.83. 14,181 were accumulated by Cambridge Advsrs. Investec Asset Mgmt Limited stated it has 0.42% of its portfolio in Becton Dickinson and Co (NYSE:BDX). The stock appeared $206.63 above its 52-week highs and is up 1.32% for the last five trades. Saratoga Rech & Inv has invested 1.92% of its portfolio in Becton Dickinson and Co (NYSE:BDX). Los Angeles Capital Management & Equity Research Inc. raised its holdings in Becton, Dickinson and by 49,944.3% in the 2nd quarter. Alliancebernstein Limited Partnership has 368,110 shares. Bessemer Group Inc. grew its stake in shares of Becton, Dickinson and by 1.4% in the second quarter. Winslow Management Lc has 1.15M shares for 1.2% of their portfolio. Stack Fincl Mngmt Incorporated has invested 1.57% in Becton Dickinson and Co (NYSE:BDX).

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