Azimuth Capital Management LLC Lifted Its Holding in Becton Dickinson (BDX) by $4.77 Million as Market Valuation Rose

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. Torray Limited stated it has 1.04% in Becton, Dickinson and Company (NYSE:BDX). Fayez Sarofim & Company has 0% invested in Becton, Dickinson and Company (NYSE:BDX). Nomura Hldgs has invested 0.01% in Becton, Dickinson and Company (NYSE:BDX). Piedmont Invest Advisors Ltd Liability Corporation has 11,527 shares for 0.13% of their portfolio. Birch Hill Investment Limited Liability Company invested in 0.05% or 2,776 shares. The Texas-based Twin Tree LP has invested 0% in Becton, Dickinson and Company (NYSE:BDX). Metropolitan Life Ins Company holds 0% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 40,866 shares. Ghp Advisors invested in 0.13% or 3,763 shares. Accredited holds 863 shares or 0.05% of its portfolio. Puzo Michael J reported 975 shares. Us Commercial Bank De reported 115,759 shares. Macquarie Gp Ltd stated it has 113,874 shares or 0.05% of all its holdings. Wealthtrust holds 0% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 22 shares. St Johns Investment Management Communication Lc accumulated 4,512 shares. Pub Employees Retirement Association Of Colorado has invested 0.34% in Becton, Dickinson and Company (NYSE:BDX).

Since November 7, 2018, it had 0 buys, and 6 insider sales for $17.26 million activity. $511,328 worth of Becton, Dickinson and Company (NYSE:BDX) was sold by Bodner Charles R on Friday, November 16. Lim James C also sold $1.26 million worth of Becton, Dickinson and Company (NYSE:BDX) on Thursday, November 8. RING TIMOTHY M had sold 42,000 shares worth $9.96M. 4,530 shares were sold by Mas Ribo Alberto, worth $1.07M on Wednesday, November 14. FORLENZA VINCENT A also sold $3.18 million worth of Becton, Dickinson and Company (NYSE:BDX) shares.

Azimuth Capital Management Llc increased its stake in Becton Dickinson (BDX) by 55.28% based on its latest 2018Q2 regulatory filing with the SEC. Azimuth Capital Management Llc bought 19,952 shares as the company’s stock rose 11.23% with the market. The institutional investor held 56,043 shares of the health care company at the end of 2018Q2, valued at $13.43M, up from 36,091 at the end of the previous reported quarter. Azimuth Capital Management Llc who had been investing in Becton Dickinson for a number of months, seems to be bullish on the $67.80 billion market cap company. The stock increased 1.06% or $2.65 during the last trading session, reaching $252.75. About 1.35 million shares traded or 19.15% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 27.77% since December 2, 2017 and is uptrending. It has outperformed by 12.15% the S&P500.

More notable recent Becton, Dickinson and Company (NYSE:BDX) news were published by: Seekingalpha.com which released: “Short list of expected dividend hikes next week – Seeking Alpha” on November 16, 2018, also Gurufocus.com with their article: “MS Global Franchise Fund’s Top 5 Buys in 3rd Quarter – GuruFocus.com” published on November 28, 2018, Seekingalpha.com published: “Becton, Dickinson declares $0.77 dividend – Seeking Alpha” on November 19, 2018. More interesting news about Becton, Dickinson and Company (NYSE:BDX) were released by: Streetinsider.com and their article: “Becton Dickinson (BDX) Highlights Clinical Trial Data for LUTONIX 014 Drug-Coated Balloon Below-the-Knee IDE – StreetInsider.com” published on November 07, 2018 as well as Globenewswire.com‘s news article titled: “Research Report Identifies Intuitive Surgical, Coherent, Jabil, Becton, Dickinson, IHS Markit, and Grand Canyon Education with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” with publication date: November 29, 2018.

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

Among 7 analysts covering Becton Dickinson (NYSE:BDX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Becton Dickinson has $283 highest and $260 lowest target. $260’s average target is 2.87% above currents $252.75 stock price. Becton Dickinson had 8 analyst reports since June 21, 2018 according to SRatingsIntel. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, November 8. As per Thursday, June 21, the company rating was upgraded by JP Morgan. The company was maintained on Thursday, October 4 by Morgan Stanley. The rating was maintained by Citigroup with “Buy” on Tuesday, November 13. J.P. Morgan upgraded the stock to “Buy” rating in Thursday, June 21 report. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Buy” rating given on Wednesday, August 8 by Citigroup.

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

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