Becton Dickinson and Co (BDX) : Btim Corp. reduced its stake in Becton Dickinson and Co by 0.36% during the most recent quarter end. The investment management company now holds a total of 463,159 shares of Becton Dickinson and Co which is valued at $80,367,350 after selling 1,685 shares in Becton Dickinson and Co , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Becton Dickinson and Co makes up approximately 1.33% of Btim Corp.’s portfolio.
Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in BDX in the latest quarter, The investment management firm added 36,579 additional shares and now holds a total of 696,332 shares of Becton Dickinson and Co which is valued at $123,048,828. Becton Dickinson and Co makes up approx 0.14% of Ubs Asset Management Americas Inc’s portfolio.Mufg Americas Holdings Corp reduced its stake in BDX by selling 5,215 shares or 21.12% in the most recent quarter. The Hedge Fund company now holds 19,475 shares of BDX which is valued at $3,441,427. Becton Dickinson and Co makes up approx 0.12% of Mufg Americas Holdings Corp’s portfolio. Jacobus Wealth Management sold out all of its stake in BDX during the most recent quarter. The investment firm sold 1,968 shares of BDX which is valued $341,901.Dana Investment Advisors boosted its stake in BDX in the latest quarter, The investment management firm added 31,691 additional shares and now holds a total of 43,754 shares of Becton Dickinson and Co which is valued at $7,601,382. Becton Dickinson and Co makes up approx 0.33% of Dana Investment Advisors’s portfolio.
Becton Dickinson and Co opened for trading at $172.54 and hit $173.3413 on the upside on Wednesday, eventually ending the session at $173.11, with a gain of 0.19% or 0.33 points. The heightened volatility saw the trading volume jump to 5,25,170 shares. Company has a market cap of $36,860 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.