Becton Dickinson and Co (BDX) : Deroy Devereaux Private Investment Counsel Inc scooped up 313 additional shares in Becton Dickinson and Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 90,267 shares of Becton Dickinson and Co which is valued at $15,881,576.Becton Dickinson and Co makes up approximately 2.05% of Deroy Devereaux Private Investment Counsel Inc’s portfolio.
Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in BDX in the latest quarter, The investment management firm added 1,383 additional shares and now holds a total of 24,592 shares of Becton Dickinson and Co which is valued at $4,326,716. Becton Dickinson and Co makes up approx 0.13% of Capstone Asset Management Co’s portfolio.Palisade Asset Management reduced its stake in BDX by selling 700 shares or 1.3% in the most recent quarter. The Hedge Fund company now holds 53,278 shares of BDX which is valued at $9,373,731. Becton Dickinson and Co makes up approx 1.74% of Palisade Asset Management’s portfolio.Mazama Capital Management Inc boosted its stake in BDX in the latest quarter, The investment management firm added 2,450 additional shares and now holds a total of 8,281 shares of Becton Dickinson and Co which is valued at $1,454,475. Becton Dickinson and Co makes up approx 0.28% of Mazama Capital Management Inc’s portfolio.Triangle Securities Wealth Management reduced its stake in BDX by selling 745 shares or 14.81% in the most recent quarter. The Hedge Fund company now holds 4,286 shares of BDX which is valued at $752,793. Becton Dickinson and Co makes up approx 0.55% of Triangle Securities Wealth Management’s portfolio.Kistler-tiffany Companies reduced its stake in BDX by selling 75 shares or 8.06% in the most recent quarter. The Hedge Fund company now holds 855 shares of BDX which is valued at $150,172. Becton Dickinson and Co makes up approx 0.08% of Kistler-tiffany Companies’s portfolio.
Becton Dickinson and Co closed down -0.68 points or -0.39% at $174.4 with 8,76,567 shares getting traded on Monday. Post opening the session at $175.5, the shares hit an intraday low of $173.51 and an intraday high of $176.01 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Becton Dickinson and Co reported $2.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on May 5, 2016. Analyst had a consensus of $2.01. The company had revenue of $3067.00 million for the quarter, compared to analysts expectations of $3073.41 million. The company’s revenue was up 49.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.61 EPS.
Many Wall Street Analysts have commented on Becton Dickinson and Co. Company shares were Reiterated by RBC Capital Mkts on May 9, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 169 from a previous price target of $153 .
Becton Dickinson and Company is a global medical technology company engaged in the development manufacture and sale of a range of medical supplies devices laboratory equipment and diagnostic products used by healthcare institutions life science researchers clinical laboratories pharmaceutical industry and the general public. The Company operates through two segments: BD Medical and BD Life Sciences. The Company’s Life Sciences segment consists of the BD Diagnostics and BD Biosciences segments. The Company’s BD Medical segment focuses on providing solutions to reduce the spread of infection enhance diabetes treatment and advance drug delivery. The Company’s BD Diagnostics provides products for the safe collection and transport of diagnostics specimens as well as instruments and reagent systems. Its BD Biosciences provide diagnostic and research tools to life science researchers clinical researchers laboratory professionals and clinicians.