Becton Dickinson and Co (BDX) : Fundsmith Llp scooped up 179,029 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 Aug 12, 2016. The investment management firm now holds a total of 1,793,493 shares of Becton Dickinson and Co which is valued at $312,031,912.Becton Dickinson and Co makes up approximately 4.96% of Fundsmith Llp’s portfolio.
Other Hedge Funds, Including , Marshall Wace Llp sold out all of its stake in BDX during the most recent quarter. The investment firm sold 4,495 shares of BDX which is valued $782,040.Teacher Retirement System Of Texas boosted its stake in BDX in the latest quarter, The investment management firm added 3,685 additional shares and now holds a total of 15,161 shares of Becton Dickinson and Co which is valued at $2,630,737. Becton Dickinson and Co makes up approx 0.02% of Teacher Retirement System Of Texas’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in BDX in the latest quarter, The investment management firm added 1,030 additional shares and now holds a total of 31,670 shares of Becton Dickinson and Co which is valued at $5,566,953. Becton Dickinson and Co makes up approx 0.14% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Cardinal Capital Management reduced its stake in BDX by selling 351 shares or 1.21% in the most recent quarter. The Hedge Fund company now holds 28,701 shares of BDX which is valued at $5,051,376. Becton Dickinson and Co makes up approx 2.00% of Cardinal Capital Management’s portfolio.
Becton Dickinson and Co opened for trading at $175.39 and hit $177.85 on the upside on Monday, eventually ending the session at $177.25, with a gain of 1.01% or 1.78 points. The heightened volatility saw the trading volume jump to 9,70,214 shares. Company has a market cap of $37,741 M.
On the company’s financial health, Becton Dickinson and Co reported $2.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $2.20. The company had revenue of $3198.00 million for the quarter, compared to analysts expectations of $3202.11 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 EPS.
Investors should note that on Jul 26, 2016, Becton Dickinson and Co announced a cash dividend of $0.6600. The company’s management has announced Sep 7, 2016 as the ex-dividend date and fixed the record date on Sep 9, 2016. The payable date has been fixed on Sep 30, 2016.
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.