Dividend Flows Coverage: $0.13 dividends are within arm’s reach for Baxter International Inc. (NYSE:BAX) shareholders.

Dividend Flows Coverage: $0.13 dividends are within arm's reach for Baxter International Inc. (NYSE:BAX) shareholders.

Baxter International Inc. (NYSE:BAX) is expected to pay $0.13 on Jan 3, 2017. The indicated annual dividend is $0.52. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Baxter International Inc.’s current price of $46.61, the dividend is 0.28%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 8, 2016. The stock decreased 0.24% or $0.11 during the last trading session, hitting $46.61. Baxter International Inc (NYSE:BAX) has risen 6.00% since April 26, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

Baxter International Inc., through its subsidiaries, provides a portfolio of essential renal and hospital products, including home, acute and in-center dialysis; sterile intravenous solutions; infusion systems and devices; parenteral nutrition; biosurgery products and anesthetics, and pharmacy automation, software and services. The company has a market cap of $25.44 billion. The Firm operates through two divisions: Hospital Products and Renal. It has a 5.24 P/E ratio. The Company’s Hospital Products business makes IV solutions and administration sets, premixed drugs and drug-reconstitution systems, pre-filled vials and syringes for injectable drugs, IV nutrition products, infusion pumps, inhalation anesthetics, and biosurgery products.

Insitutional Activity: The institutional sentiment increased to 0.83 in Q2 2016. Its up 0.15, from 0.68 in 2016Q1. The ratio is positive, as 75 funds sold all Baxter International Inc shares owned while 363 reduced positions. 67 funds bought stakes while 233 increased positions. They now own 437.24 million shares or 6.33% less from 466.81 million shares in 2016Q1.
Hancock last reported 22,726 shares in the company. Utd Serv Automobile Association holds 0.04% of its portfolio in Baxter International Inc (NYSE:BAX) for 248,004 shares. Retirement Sys Of Alabama owns 281,522 shares or 0.07% of their US portfolio. Delta Asset Mngmt Ltd Liability Co Tn, a Tennessee-based fund reported 155,902 shares. Jpmorgan Chase last reported 538,643 shares in the company. Peoples Fin Svcs last reported 0.44% of its portfolio in the stock. Westpac last reported 201,320 shares in the company. Dnb Asset Mngmt As has 211,428 shares for 0% of their US portfolio. Security accumulated 0.33% or 19,755 shares. Fayez Sarofim Comm owns 15,218 shares or 0% of their US portfolio. Employees Retirement Of Texas accumulated 45,000 shares or 0.03% of the stock. Massmutual Trust Fsb Adv accumulated 500 shares or 0% of the stock. Lmr Prns Llp has 22,649 shares for 0.16% of their US portfolio. The Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt has invested 0.03% in Baxter International Inc (NYSE:BAX). Stevens Mgmt L P last reported 210,079 shares in the company.

Insider Transactions: Since November 18, 2016, the stock had 0 insider purchases, and 1 insider sale for $201,588 net activity. $201,588 worth of Baxter International Inc (NYSE:BAX) shares were sold by STORM KORNELIS J..

Baxter International Inc (NYSE:BAX) Ratings Coverage

Out of 11 analysts covering Baxter International (NYSE:BAX), 5 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 45% are positive. Baxter International has been the topic of 20 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the shares of BAX in a report on Tuesday, August 11 with “Overweight” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 3 report. The firm earned “Sector Perform” rating on Wednesday, October 26 by RBC Capital Markets. Piper Jaffray initiated it with “Overweight” rating and $39 target price in Monday, November 16 report. The stock has “Outperform” rating given by Wells Fargo on Thursday, October 13. The firm has “Market Perform” rating given on Wednesday, October 28 by Leerink Swann. The firm earned “Market Perform” rating on Thursday, July 30 by Leerink Swann. The stock has “Neutral” rating given by Credit Suisse on Monday, August 10. The rating was maintained by Credit Suisse on Monday, April 25 with “Neutral”. The firm has “Buy” rating given on Wednesday, May 4 by Evercore.

BAX Company Profile

Baxter International Inc., incorporated on October 19, 1931, through its subsidiaries, provides a portfolio of essential renal and hospital products, including home, acute and in-center dialysis; sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition; biosurgery products and anesthetics, and pharmacy automation, software and services. The Firm operates through two divisions: Hospital Products and Renal. The Company’s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices and by patients at home under physician supervision. The Firm makes products in approximately 30 countries and sells them in approximately 120 countries.

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