Becton Dickinson and Co (BDX) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 1,640 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 Oct 14, 2016. The investment management firm now holds a total of 49,902 shares of Becton Dickinson and Co which is valued at $8,579,651.Becton Dickinson and Co makes up approximately 0.19% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
Other Hedge Funds, Including , National Pension Service boosted its stake in BDX in the latest quarter, The investment management firm added 11,672 additional shares and now holds a total of 147,067 shares of Becton Dickinson and Co which is valued at $25,285,229. Becton Dickinson and Co makes up approx 0.21% of National Pension Service’s portfolio.Msi Financial Services Inc reduced its stake in BDX by selling 205 shares or 1.95% in the most recent quarter. The Hedge Fund company now holds 10,301 shares of BDX which is valued at $1,780,631. Becton Dickinson and Co makes up approx 0.06% of Msi Financial Services Inc’s portfolio.Investment Management Of Virginia reduced its stake in BDX by selling 375 shares or 2.03% in the most recent quarter. The Hedge Fund company now holds 18,085 shares of BDX which is valued at $3,126,173. Becton Dickinson and Co makes up approx 0.79% of Investment Management Of Virginia’s portfolio.Canandaigua National Bank Trust Co reduced its stake in BDX by selling 175 shares or 4.36% in the most recent quarter. The Hedge Fund company now holds 3,837 shares of BDX which is valued at $667,523. Becton Dickinson and Co makes up approx 0.20% of Canandaigua National Bank Trust Co’s portfolio.
Becton Dickinson and Co closed down -0.93 points or -0.54% at $171.93 with 8,66,534 shares getting traded on Friday. Post opening the session at $173.9, the shares hit an intraday low of $171.9 and an intraday high of $174.0499 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.
Many Wall Street Analysts have commented on Becton Dickinson and Co. Becton Dickinson and Co was Downgraded by Citigroup to ” Sell” on Sep 23, 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.