Wfg Advisors Lp buys $3,403,847 stake in Boston Scientific Corporation (BSX)

Boston Scientific Corporation (BSX) : Wfg Advisors Lp scooped up 94,280 additional shares in Boston Scientific Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 142,480 shares of Boston Scientific Corporation which is valued at $3,403,847.Boston Scientific Corporation makes up approximately 0.88% of Wfg Advisors Lp’s portfolio.

Other Hedge Funds, Including , Sector Gamma As reduced its stake in BSX by selling 354,080 shares or 20.05% in the most recent quarter. The Hedge Fund company now holds 1,412,170 shares of BSX which is valued at $33,736,741. Boston Scientific Corporation makes up approx 6.45% of Sector Gamma As’s portfolio. Dynamic Technology Lab Private Ltd added BSX to its portfolio by purchasing 14,510 company shares during the most recent quarter which is valued at $346,644. Boston Scientific Corporation makes up approx 0.09% of Dynamic Technology Lab Private Ltd’s portfolio.Mn Services Vermogensbeheer B.v. boosted its stake in BSX in the latest quarter, The investment management firm added 446 additional shares and now holds a total of 34,063 shares of Boston Scientific Corporation which is valued at $822,281. Boston Scientific Corporation makes up approx 0.16% of Mn Services Vermogensbeheer B.v.’s portfolio.Plante Moran Financial Advisors boosted its stake in BSX in the latest quarter, The investment management firm added 15 additional shares and now holds a total of 713 shares of Boston Scientific Corporation which is valued at $16,998. Boston Scientific Corporation makes up approx 0.01% of Plante Moran Financial Advisors’s portfolio.Standard Life Investments Ltd reduced its stake in BSX by selling 286,634 shares or 1.44% in the most recent quarter. The Hedge Fund company now holds 19,686,347 shares of BSX which is valued at $465,778,970. Boston Scientific Corporation makes up approx 2.04% of Standard Life Investments Ltd’s portfolio.

Boston Scientific Corporation closed down -0.01 points or -0.04% at $24.11 with 43,39,079 shares getting traded on Tuesday. Post opening the session at $24.16, the shares hit an intraday low of $24.08 and an intraday high of $24.33 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Boston Scientific Corporation reported $0.27 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.27. The company had revenue of $2126.00 million for the quarter, compared to analysts expectations of $2044.88 million. The company’s revenue was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Boston Scientific Corporation. Company shares were Reiterated by Wedbush on Jul 29, 2016 to “Neutral”, Firm has raised the Price Target to $ 25 from a previous price target of $23 .Company shares were Reiterated by Needham on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 28 from a previous price target of $26 .Company shares were Reiterated by The Benchmark Company on Jul 28, 2016 to “Buy”, Firm has raised the Price Target to $ 31 from a previous price target of $25 .

Boston Scientific Corporation develops manufactures and markets medical devices. The Company offers its products by seven core businesses: Interventional Cardiology which includes Drug-Eluting Coronary Stent Systems Intravascular Imaging devised and Coronary Technology products such as guide wires guide catheters and balloon catheters among others; Peripheral Interventions (PI) which include stents balloon catheters wires peripheral embolization devices and vena cava filters; Cardiac Rhythm Management (CRM) which include implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities; Electrophysiology (EP) which include steerable RF ablation catheters intracardiac ultrasound catheters diagnostic catheters delivery sheaths and other accessories; Endoscopy which includes Spyglass System WallFlex Colonic Stents Resolution Clip and Expect Aspiration Needle among others; Urology and Women’s Health and Neuromodulation.

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