Becton Dickinson & Co (NYSE:BDX) 2019 Q2 Sentiment Report

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Sentiment for Becton Dickinson & Co (NYSE:BDX)

Becton Dickinson & Co (NYSE:BDX) institutional sentiment decreased to 1.1 in 2019 Q2. Its down -0.03, from 1.13 in 2019Q1. The ratio dropped, as 456 hedge funds opened new and increased holdings, while 413 sold and reduced stakes in Becton Dickinson & Co. The hedge funds in our partner’s database now possess: 220.73 million shares, down from 227.64 million shares in 2019Q1. Also, the number of hedge funds holding Becton Dickinson & Co in their top 10 holdings decreased from 51 to 42 for a decrease of 9. Sold All: 49 Reduced: 364 Increased: 353 New Position: 103.

Becton, Dickinson and Company develops, makes, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company has market cap of $70.38 billion. It operates in two divisions, BD Medical and BD Life Sciences. It has a 91.22 P/E ratio. The BD Medical segment offers syringes, pen needles, and IV sets for diabetes; needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; regional anesthesia needles and trays; sharps disposal containers; closed-system transfer devices; skin antiseptic products; surgical and laproscopic instrumentations; intravenous medication safety and infusion therapy delivery, and automated medication dispensing and supply management systems; and prefillable drug delivery systems.

The stock decreased 0.55% or $1.45 during the last trading session, reaching $260.7. About 605,580 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 2.24% since September 13, 2018 and is uptrending. It has outperformed by 2.24% the S&P500.

Analysts await Becton, Dickinson and Company (NYSE:BDX) to report earnings on November, 5. They expect $3.31 EPS, up 12.97 % or $0.38 from last year’s $2.93 per share. BDX’s profit will be $893.55 million for 19.69 P/E if the $3.31 EPS becomes a reality. After $3.08 actual EPS reported by Becton, Dickinson and Company for the previous quarter, Wall Street now forecasts 7.47 % EPS growth.

Caledonia Investments Plc holds 11.11% of its portfolio in Becton, Dickinson and Company for 157,800 shares. Jensen Investment Management Inc owns 2.31 million shares or 6.63% of their US portfolio. Moreover, Waverton Investment Management Ltd has 6.56% invested in the company for 516,551 shares. The France-based Comgest Global Investors S.A.S. has invested 5.72% in the stock. Fundsmith Llp, a United Kingdom-based fund reported 3.81 million shares.

Becton, Dickinson and Company (NYSE:BDX) Ratings Coverage

Ratings analysis reveals 75% of Becton’s analysts are positive. Out of 4 Wall Street analysts rating Becton, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $25000 while the high is $290. The stock’s average target of $275.20 is 5.56% above today’s ($260.7) share price. BDX was included in 11 notes of analysts from March 19, 2019. As per Friday, June 21, the company rating was maintained by Argus Research. Wells Fargo maintained Becton, Dickinson and Company (NYSE:BDX) on Friday, September 6 with “Outperform” rating. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Equal-Weight” rating given on Monday, April 15 by Barclays Capital. The rating was maintained by Raymond James with “Strong Buy” on Tuesday, March 19.

More notable recent Becton, Dickinson and Company (NYSE:BDX) news were published by: Finance.Yahoo.com which released: “Here is What Hedge Funds Think About Becton, Dickinson and Company (BDX) – Yahoo Finance” on June 13, 2019, also Investorplace.com with their article: “5 Healthcare Stocks to Buy for Healthy Dividends – Investorplace.com” published on August 23, 2019, Finance.Yahoo.com published: “Should We Be Cautious About Becton, Dickinson and Company’s (NYSE:BDX) ROE Of 5.1%? – Yahoo Finance” on July 29, 2019. More interesting news about Becton, Dickinson and Company (NYSE:BDX) were released by: Finance.Yahoo.com and their article: “Would Becton, Dickinson and Company (NYSE:BDX) Be Valuable To Income Investors? – Yahoo Finance” published on May 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Kind Of Shareholder Owns Most Becton, Dickinson and Company (NYSE:BDX) Stock? – Yahoo Finance” with publication date: August 31, 2019.

Becton, Dickinson and Company (NYSE:BDX) Institutional Positions Chart

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