Palisade Capital Management Has Cut Amerigas Partners LP (APU) Holding By $575,325; 9 Analysts Are Bullish Becton, Dickinson and Company (BDX) Last Week

December 6, 2017 - By Nellie Frank

Palisade Capital Management Llc decreased Amerigas Partners LP (APU) stake by 62.18% reported in 2017Q2 SEC filing. Palisade Capital Management Llc sold 12,785 shares as Amerigas Partners LP (APU)’s stock declined 9.65%. The Palisade Capital Management Llc holds 7,775 shares with $351,000 value, down from 20,560 last quarter. Amerigas Partners LP now has $4.17B valuation. The stock increased 0.22% or $0.1 during the last trading session, reaching $44.89. About 161,090 shares traded. AmeriGas Partners, L.P. (NYSE:APU) has declined 1.59% since December 6, 2016 and is downtrending. It has underperformed by 18.29% the S&P500.

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. Stifel Nicolaus maintained Becton, Dickinson and Company (NYSE:BDX) on Thursday, August 3 with “Buy” rating. The rating was initiated by Citigroup with “Neutral” on Thursday, November 12. The firm has “Buy” rating given on Thursday, November 2 by Stifel Nicolaus. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Hold” rating by RBC Capital Markets on Friday, September 22. The company was maintained on Friday, November 3 by RBC Capital Markets. The company was maintained on Friday, November 3 by Morgan Stanley. The stock has “Buy” rating by Cowen & Co on Monday, August 14. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Buy” rating given on Friday, August 5 by UBS. The company was downgraded on Wednesday, January 6 by Evercore. See Becton, Dickinson and Company (NYSE:BDX) latest ratings:

09/11/2017 Broker: Jefferies Rating: Buy New Target: $255.0 Maintain
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $245.0 Maintain
03/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $205 New Target: $245 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $230.0 Maintain
24/10/2017 Broker: Wells Fargo Rating: Outperform Old Target: $225 New Target: $235 Maintain
27/09/2017 Broker: Cowen & Co Rating: Buy New Target: $230.0 Maintain
26/09/2017 Broker: Jefferies Rating: Buy New Target: $230.0 Maintain
22/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $210.0 Maintain
22/09/2017 Broker: Wells Fargo Rating: Buy New Target: $225.0 Initiate
22/08/2017 Broker: Jefferies Rating: Buy New Target: $230.0 Maintain

The stock increased 0.07% or $0.15 during the last trading session, reaching $219.07. About 963,727 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since December 6, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

Becton, Dickinson and Company develops, makes, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company has market cap of $49.94 billion. It operates in two divisions, BD Medical and BD Life Sciences. It has a 47.62 P/E ratio. The BD Medical segment offers syringes, pen needles, and IV sets for diabetes; needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; regional anesthesia needles and trays; sharps disposal containers; closed-system transfer devices; skin antiseptic products; surgical and laproscopic instrumentations; intravenous medication safety and infusion therapy delivery, and automated medication dispensing and supply management systems; and prefillable drug delivery systems.

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.31, from 0.87 in 2017Q1. It improved, as 50 investors sold Becton, Dickinson and Company 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. Pictet Asset Management, a United Kingdom-based fund reported 246,404 shares. Confluence Invest Management Limited invested in 0.32% or 81,655 shares. Cibc World Mkts owns 32,122 shares or 0.07% of their US portfolio. Ruggie Gru invested 0% in Becton, Dickinson and Company (NYSE:BDX). Aristotle Capital Management Ltd Liability holds 1,200 shares. Twin Cap Management holds 0.06% or 5,480 shares in its portfolio. Moreover, American National Insurance Company Tx has 0.08% invested in Becton, Dickinson and Company (NYSE:BDX) for 7,091 shares. Winslow Evans & Crocker has 1,815 shares for 0% of their portfolio. Olstein Cap Mngmt Lp invested in 0.67% or 27,100 shares. 47 are owned by Bartlett And Co Limited Liability Company. Fukoku Mutual Life Insurance stated it has 1,370 shares or 0.04% of all its holdings. Haverford Trust Com owns 1.54% invested in Becton, Dickinson and Company (NYSE:BDX) for 361,425 shares. Clifford Swan Invest Counsel Limited holds 0.12% or 9,984 shares in its portfolio. Stack Financial Management stated it has 77,148 shares or 1.57% of all its holdings. The France-based Comgest Global Invsts Sas has invested 3.34% in Becton, Dickinson and Company (NYSE:BDX).

Palisade Capital Management Llc increased Fortive Corp stake by 16,692 shares to 162,354 valued at $10.29 million in 2017Q2. It also upped Danaher Corp Del (NYSE:DHR) stake by 24,894 shares and now owns 211,569 shares. Sm Energy Co (NYSE:SM) was raised too.

Among 6 analysts covering AmeriGas Partners LP (NYSE:APU), 1 have Buy rating, 3 Sell and 2 Hold. Therefore 17% are positive. AmeriGas Partners LP had 11 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Neutral” on Monday, November 2. Barclays Capital maintained the stock with “Underweight” rating in Thursday, August 4 report. As per Friday, June 10, the company rating was downgraded by UBS. On Friday, February 3 the stock rating was downgraded by Bank of America to “Underperform”. The rating was downgraded by TheStreet to “Buy” on Saturday, August 29. The firm has “Buy” rating given on Thursday, May 26 by Janney Capital. The rating was maintained by Jefferies on Monday, October 16 with “Hold”. UBS maintained the shares of APU in report on Thursday, November 19 with “Neutral” rating. The company was maintained on Thursday, June 22 by Jefferies.

Investors sentiment increased to 1.48 in 2017 Q2. Its up 0.56, from 0.92 in 2017Q1. It is positive, as 18 investors sold APU shares while 43 reduced holdings. 25 funds opened positions while 65 raised stakes. 21.57 million shares or 2.01% less from 22.01 million shares in 2017Q1 were reported. Royal Bancorp Of Canada owns 1.52M shares. New Jersey-based Bessemer Grp has invested 0.02% in AmeriGas Partners, L.P. (NYSE:APU). Shamrock Asset Management Lc invested in 640 shares or 0.02% of the stock. Miller Howard Inc Ny reported 169,846 shares stake. Cantab Cap Partners Llp holds 0% of its portfolio in AmeriGas Partners, L.P. (NYSE:APU) for 32,791 shares. Bbva Compass Bank & Trust invested in 16,610 shares. Susquehanna Int Group Llp, Pennsylvania-based fund reported 7,598 shares. Gru One Trading Ltd Partnership accumulated 2,600 shares. Pinnacle Associate Limited owns 0.02% invested in AmeriGas Partners, L.P. (NYSE:APU) for 19,801 shares. Old Bancshares In invested in 43,000 shares. Ameriprise Incorporated reported 52,863 shares stake. River Road Asset Management Limited Liability Corporation reported 881,862 shares or 0.77% of all its holdings. Walleye Trading Limited Liability Company holds 4,091 shares. Barnett & Inc holds 0.12% of its portfolio in AmeriGas Partners, L.P. (NYSE:APU) for 5,730 shares. North Star Inv invested in 0.01% or 2,400 shares.

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