Becton Dickinson and Company (NYSE:BDX)’s Stock Is Sell After More Market Selling

February 23, 2018 - By Migdalia James

 Becton Dickinson and Company (NYSE:BDX)'s Stock Is Sell After More Market Selling

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.25, from 1.18 in 2017Q2. It turned negative, as 53 investors sold Becton, Dickinson and Company shares while 344 reduced holdings. 74 funds opened positions while 297 raised stakes. 197.53 million shares or 0.90% more from 195.76 million shares in 2017Q2 were reported.
Lombard Odier Asset Mngmt (Switzerland) Sa accumulated 0.19% or 10,078 shares. Wells Fargo & Company Mn owns 3.55M shares. Contravisory Mngmt stated it has 0% in Becton, Dickinson and Company (NYSE:BDX). Moreover, Evergreen Limited Liability has 0.49% invested in Becton, Dickinson and Company (NYSE:BDX). Howe Rusling Inc holds 709 shares or 0.03% of its portfolio. Chem Bank & Trust invested in 4,175 shares or 0.09% of the stock. Kentucky Retirement Systems Tru Fund reported 6,012 shares. Woodmont Investment Counsel Llc holds 0.2% or 3,676 shares in its portfolio. Sprucegrove Investment Limited invested in 62,450 shares or 0.69% of the stock. Moreover, Baker Ellis Asset Management has 0.04% invested in Becton, Dickinson and Company (NYSE:BDX). Ruggie Capital stated it has 7 shares. Commonwealth Comml Bank Of has invested 0.03% in Becton, Dickinson and Company (NYSE:BDX). Cohen Klingenstein Ltd Co has 0.1% invested in Becton, Dickinson and Company (NYSE:BDX). Etrade Mgmt Ltd Limited Liability Company has 14,645 shares for 0.1% of their portfolio. Court Place Advsrs Ltd Com invested in 0.1% or 1,163 shares.

Since September 8, 2017, it had 0 insider purchases, and 3 sales for $6.24 million activity. Sichak Stephen had sold 11,787 shares worth $2.36M. Lim James C sold $714,210 worth of Becton, Dickinson and Company (NYSE:BDX) on Friday, September 8.

The stock of Becton Dickinson and Company (NYSE:BDX) registered an increase of 3.9% in short interest. BDX’s total short interest was 4.34M shares in February as published by FINRA. Its up 3.9% from 4.18M shares, reported previously. With 1.39 million shares average volume, it will take short sellers 3 days to cover their BDX’s short positions. The short interest to Becton Dickinson and Company’s float is 1.91%.

The stock decreased 0.17% or $0.38 during the last trading session, reaching $218.32. About 793,230 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since February 23, 2017 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 $58.13 billion. It operates in two divisions, BD Medical and BD Life Sciences. It has a 169.5 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.

Becton, Dickinson and Company (NYSE:BDX) Ratings Coverage

Among 19 analysts covering Becton Dickinson (NYSE:BDX), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Becton Dickinson had 51 analyst reports since August 7, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $21300 target in Tuesday, July 18 report. Citigroup maintained the shares of BDX in report on Thursday, February 4 with “Neutral” rating. On Friday, November 3 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, August 7. RBC Capital Markets maintained Becton, Dickinson and Company (NYSE:BDX) rating on Friday, September 22. RBC Capital Markets has “Hold” rating and $210.0 target. The stock has “Buy” rating by Cowen & Co on Wednesday, December 20. The rating was maintained by Jefferies with “Buy” on Tuesday, August 22. The company was upgraded on Friday, January 5 by Citigroup. The firm earned “Buy” rating on Monday, August 14 by Cowen & Co. The company was maintained on Friday, November 3 by RBC Capital Markets.

More recent Becton, Dickinson and Company (NYSE:BDX) news were published by: Gurufocus.com which released: “Cardinal Capital Management Buys Becton, Dickinson and Co, InterDigital Inc …” on February 01, 2018. Also Gurufocus.com published the news titled: “Condor Capital Management Buys Becton, Dickinson and Co, iShares Currency …” on February 08, 2018. Marketwatch.com‘s news article titled: “Becton, Dickinson adjusted profit beats views” with publication date: February 06, 2018 was also an interesting one.

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