Baxter International Inc (NYSE:BAX): Stock Sentiment

Angelo Anderson
December 27, 2017

The company has a market cap of $30.04 billion, a PE ratio of 6.1745 and a beta of 0.77.

Baxter International (NYSE:BAX) traded up $0.19 during midday trading on Monday, hitting $64.72. The business's revenue for the quarter was up 5.8% on a year-over-year basis. equities research analysts anticipate that Baxter International will post 2.43 earnings per share for the current year.

News articles about Baxter International (NYSE:BAX) have trended somewhat positive recently, Accern Sentiment Analysis reports. It has outperformed by 15.85% the S&P500. Linscomb & Williams Inc sold 24,874 shares as Baxter Intl Inc (BAX)'s stock rose 15.04%. Financial Advisory Group bought 9,946 shares as the company's stock rose 15.04% with the market. The hedge fund run by Marc Majzner held 162,508 shares of the health care company at the end of 2017Q3, valued at $8.50M, up from 133,069 at the end of the previous reported quarter. RBC Capital Markets maintained Baxter International Inc. The stock decreased 0.87% or $0.16 during the last trading session, reaching $18.29. About 203,761 shares traded.

Baxter International (NYSE BAX) opened at $64.72 on Friday. It has outperformed by 63.27% the S&P500. Following the transaction, the senior vice president now owns 124,609 shares in the company, valued at approximately $8,130,737.25. It also reduced its holding in Floor & Decor Hldgs Inc by 274,900 shares in the quarter, leaving it with 34,200 shares, and cut its stake in Ctrip Com Intl Ltd (NASDAQ:CTRP). Investors of record on Friday, December 1st will be paid a $0.16 dividend. Its up 0.05, from 0.92 in 2017Q2. New York State Common Retirement Fund lifted its position in Baxter International by 19.0% in the second quarter. 439.80 million shares or 0.96% less from 444.08 million shares in 2017Q2 were reported. (NYSE:BAX). Stratos Wealth Prtn Limited owns 10,878 shares. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. sell-side analysts anticipate that Baxter International Inc will post 2.43 EPS for the current year.


Baxter International (NYSE:BAX) last announced its quarterly earnings results on Wednesday, October 25th. Moreover, Checchi Advisers Limited Liability Com has 0.03% invested in Baxter International Inc. (NYSE:BAX) for 37,659 shares. Atlantic Trust Group Llc owns 58,108 shares. Ironwood Ltd Llc has invested 0% of its portfolio in Baxter International Inc. (NYSE:BAX) was sold by Shapazian Carole J. Another trade for 9,440 shares valued at $583,014 was sold by FORSYTH JOHN D. The insider Accogli Giuseppe sold $772,363. Kcm Invest Advsr Llc has 6,745 shares. The Quantitative Systematic Strategies Llc holds 32,964 shares with $2.07 million value, down from 41,679 last quarter. Arrow Financial owns 3,820 shares or 0.06% of their U.S. portfolio. The Company's clinical development services comprise product development planning, strategic consulting, study protocol preparation, clinical pharmacology, pharmacokinetic and pharmacodynamic analysis, clinical research center, investigator site, patient recruitment, study monitoring and data collection, case report form preparation, statistical analysis, patient safety and risk monitoring, clinical data management, strategic analysis and data operation, regulatory consulting, and medical reporting and pharmacovigilance services. Baxter International had 45 analyst reports since July 30, 2015 according to SRatingsIntel. Therefore 52% are positive. The firm has "Overweight" rating by Barclays Capital given on Tuesday, August 11. Barclays Capital maintained the stock with "Overweight" rating in Thursday, October 26 report. (NYSE:BAX) has "Neutral" rating given on Tuesday, September 22 by UBS. Morgan Stanley upped their price objective on shares of Baxter International from $59.00 to $62.00 and gave the company an "equal weight" rating in a research report on Thursday, October 26th. The firm has "Hold" rating by Cowen & Co given on Friday, October 13. (NYSE:BAX) earned "Hold" rating by RBC Capital Markets on Monday, July 10. As per Wednesday, July 26, the company rating was maintained by RBC Capital Markets. (NYSE:BAX) has "Market Perform" rating given on Wednesday, October 28 by Leerink Swann. The firm has "Buy" rating by BMO Capital Markets given on Thursday, August 31. Bank of America restated a "hold" rating on shares of Baxter International in a research report on Wednesday, November 22nd.

Since August 17, 2017, it had 0 insider purchases, and 4 insider sales for $2.16 million activity. Citigroup initiated the stock with "Hold" rating in Thursday, August 17 report. Signalpoint Asset Mngmt Ltd Liability Com invested in 0.13% or 4,024 shares. The company was downgraded on Tuesday, September 13 by Jefferies. Out of 17 Wall Street analysts rating Baxter International, 8 give it "Buy", 0 "Sell" rating, while 9 recommend "Hold". Therefore 67% are positive. The stock of INC Research Holdings, Inc. The firm has "Equal-Weight" rating given on Tuesday, July 25 by Morgan Stanley. The firm has "Buy" rating given on Wednesday, May 31 by SunTrust. As per Wednesday, August 23, the company rating was maintained by Robert W. Baird. Avondale maintained INC Research Holdings, Inc. The rating was maintained by Telsey Advisory Group on Friday, March 24 with "Market Perform". (NYSE:GME) on Tuesday, September 26 with "Buy" rating.

Investors sentiment increased to 1.57 in Q3 2017. Coastline Communication has 38,984 shares for 0.43% of their portfolio. Proshare Advsrs Limited Liability Co accumulated 97,535 shares or 0.06% of the stock. Stevens Cap Management Lp has 0.03% invested in INC Research Holdings, Inc. Gsa Cap Prns Limited Liability Partnership owns 6,496 shares. Suntrust Banks Incorporated reported 0.05% of its portfolio in Baxter International Inc. Meyer Handelman holds 0.99% or 345,173 shares. Ftb Advisors accumulated 455 shares or 0% of the stock. Moneta Gru Investment Advisors Ltd Liability invested in 7,500 shares. Fund Sa owns 121,678 shares for 0.05% of their portfolio. Bank of New York Mellon Corp now owns 4,978,139 shares of the medical instruments supplier's stock worth $312,378,000 after buying an additional 16,523 shares during the last quarter. Canada Pension Plan Investment Board now owns 1,413,054 shares of the medical instruments supplier's stock valued at $88,669,000 after acquiring an additional 372,500 shares during the last quarter.

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