As Becton Dickinson And Co (BDX) Market Valuation Rose, Putnam Investments LLC Has Boosted Stake by $4.51 Million

October 2, 2018 - By Clifton Ray

Becton, Dickinson and Company (NYSE:BDX) LogoInvestors sentiment decreased to 0.88 in 2018 Q2. Its down 0.17, from 1.05 in 2018Q1. It dived, as 38 investors sold BDX shares while 403 reduced holdings. 87 funds opened positions while 301 raised stakes. 222.19 million shares or 1.10% more from 219.77 million shares in 2018Q1 were reported. Moreover, Ameritas Inv Prtn has 0.09% invested in Becton, Dickinson and Company (NYSE:BDX) for 8,005 shares. Financial Consulate Incorporated stated it has 0.14% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Coastline Tru invested in 22,457 shares. Lombard Odier Asset Management (Europe) Ltd holds 2,714 shares or 0.05% of its portfolio. Prudential holds 0.11% or 298,440 shares. 1,181 are owned by Holderness Invests Co. World Asset holds 0.2% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 17,081 shares. Colonial Tru Advisors has 0.49% invested in Becton, Dickinson and Company (NYSE:BDX). Tower Cap Ltd Liability Company (Trc) accumulated 4,961 shares. Employees Retirement Of Texas holds 12,703 shares or 0.04% of its portfolio. Penbrook Management invested 0.92% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). 1 are owned by Archford Strategies Limited Co. Kings Point Capital Mngmt holds 1.43% or 30,294 shares. Conning Incorporated reported 8,165 shares stake. Dana stated it has 0.4% in Becton, Dickinson and Company (NYSE:BDX).

Since May 7, 2018, it had 1 insider purchase, and 2 insider sales for $6.80 million activity. $112,535 worth of Becton, Dickinson and Company (NYSE:BDX) was bought by Melcher David F. The insider Shabshab Nabil sold 10,209 shares worth $2.31M.

Putnam Investments Llc increased its stake in Becton Dickinson And Co (BDX) by 0.54% based on its latest 2018Q2 regulatory filing with the SEC. Putnam Investments Llc bought 18,859 shares as the company’s stock rose 11.23% with the market. The institutional investor held 3.51M shares of the health care company at the end of 2018Q2, valued at $841.69 million, up from 3.49 million at the end of the previous reported quarter. Putnam Investments Llc who had been investing in Becton Dickinson And Co for a number of months, seems to be bullish on the $70.74B market cap company. The stock increased 1.30% or $3.38 during the last trading session, reaching $264.38. About 1.02 million shares traded or 17.11% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 27.77% since October 2, 2017 and is uptrending. It has outperformed by 12.15% the S&P500.

Putnam Investments Llc, which manages about $89.35B and $43.71 billion US Long portfolio, decreased its stake in Chimera Investment Corp by 174,608 shares to 107,836 shares, valued at $1.97 million in 2018Q2, according to the filing. It also reduced its holding in Everbridge Inc by 153,311 shares in the quarter, leaving it with 823,549 shares, and cut its stake in Kimberly (NYSE:KMB).

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

Among 3 analysts covering Becton Dickinson (NYSE:BDX), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Becton Dickinson had 4 analyst reports since April 10, 2018 according to SRatingsIntel. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by J.P. Morgan on Thursday, June 21. The stock has “Buy” rating by Citigroup on Tuesday, April 10. JP Morgan upgraded Becton, Dickinson and Company (NYSE:BDX) on Thursday, June 21 to “Overweight” rating. The stock has “Buy” rating by Citigroup on Wednesday, August 8.

Becton, Dickinson and Company (NYSE:BDX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>