Bristol-Myers Squibb Co (BMY) : Security National Trust Co reduced its stake in Bristol-Myers Squibb Co by 1.61% during the most recent quarter end. The investment management company now holds a total of 72,816 shares of Bristol-Myers Squibb Co which is valued at $5,510,715 after selling 1,191 shares in Bristol-Myers Squibb Co , the firm said in a disclosure report filed with the SEC on Jul 22, 2016.Bristol-Myers Squibb Co makes up approximately 1.97% of Security National Trust Co’s portfolio.
Other Hedge Funds, Including , Winslow Evans Crocker reduced its stake in BMY by selling 9,623 shares or 35.47% in the most recent quarter. The Hedge Fund company now holds 17,506 shares of BMY which is valued at $1,324,854. Bristol-Myers Squibb Co makes up approx 0.38% of Winslow Evans Crocker’s portfolio.Hartford Investment Management Co reduced its stake in BMY by selling 11,744 shares or 2.67% in the most recent quarter. The Hedge Fund company now holds 428,413 shares of BMY which is valued at $32,422,296. Bristol-Myers Squibb Co makes up approx 0.66% of Hartford Investment Management Co’s portfolio. Perkins Capital Management Inc added BMY to its portfolio by purchasing 5,625 company shares during the most recent quarter which is valued at $425,700. Bristol-Myers Squibb Co makes up approx 0.47% of Perkins Capital Management Inc’s portfolio.Cribstone Capital Management boosted its stake in BMY in the latest quarter, The investment management firm added 67 additional shares and now holds a total of 4,081 shares of Bristol-Myers Squibb Co which is valued at $309,013. Bristol-Myers Squibb Co makes up approx 0.19% of Cribstone Capital Management’s portfolio.
Bristol-Myers Squibb Co opened for trading at $74.57 and hit $75.16 on the upside on Friday, eventually ending the session at $74.81, with a gain of 0.20% or 0.15 points. The heightened volatility saw the trading volume jump to 48,61,139 shares. Company has a market cap of $124,881 M.
On the company’s financial health, Bristol-Myers Squibb Co reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.66. The company had revenue of $4881.00 million for the quarter, compared to analysts expectations of $4657.63 million. The company’s revenue was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Many Wall Street Analysts have commented on Bristol-Myers Squibb Co. Bristol-Myers Squibb Co was Initiated by Hilliard Lyons to “Neutral” on May 23, 2016. Company shares were Reiterated by UBS on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $73 .Company shares were Reiterated by Barclays on Apr 29, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 75 from a previous price target of $70 .
Bristol-Myers Squibb Company (BMS) is engaged in the discovery development licensing manufacturing marketing distribution and sale of biopharmaceutical products across the world. The Company’s products are sold to wholesalers retail pharmacies hospitals government entities and the medical profession. The Company manufactures its products in the United States Puerto Rico and in six foreign countries. The Company promotes the use of its products directly to healthcare professionals and providers such as doctors nurse practitioners physician assistants pharmacists technologists hospitals Pharmacy Benefit Managers (PBMs) and Managed Care Organizations (MCOs). It also provides information about the use of its products to consumers in the United States through direct-to-consumer print radio television and digital advertising and promotion. In addition the Company holds rights to F001287 which is a preclinical small-molecule IDO1-inhibitor.