BB&T Securities LLC boosted its holdings in shares of Becton Dickinson and Co (NYSE:BDX) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,921 shares of the medical instruments supplier’s stock after buying an additional 1,370 shares during the quarter. BB&T Securities LLC’s holdings in Becton Dickinson and were worth $23,315,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Legacy Advisors LLC boosted its stake in Becton Dickinson and by 7,000.0% in the fourth quarter. Legacy Advisors LLC now owns 497 shares of the medical instruments supplier’s stock valued at $106,000 after acquiring an additional 490 shares in the last quarter. Amica Retiree Medical Trust boosted its stake in Becton Dickinson and by 325.0% in the fourth quarter. Amica Retiree Medical Trust now owns 510 shares of the medical instruments supplier’s stock valued at $109,000 after acquiring an additional 390 shares in the last quarter. Almanack Investment Partners LLC. acquired a new stake in Becton Dickinson and in the fourth quarter valued at approximately $109,000. FTB Advisors Inc. boosted its stake in Becton Dickinson and by 114.2% in the fourth quarter. FTB Advisors Inc. now owns 544 shares of the medical instruments supplier’s stock valued at $116,000 after acquiring an additional 290 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new stake in Becton Dickinson and in the fourth quarter valued at approximately $126,000. 83.40% of the stock is currently owned by institutional investors.
In other Becton Dickinson and news, Director Timothy M. Ring sold 269,661 shares of Becton Dickinson and stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $217.82, for a total value of $58,737,559.02. Following the completion of the transaction, the director now owns 295,753 shares of the company’s stock, valued at $64,420,918.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James W. Borzi sold 4,048 shares of Becton Dickinson and stock in a transaction on Monday, February 26th. The shares were sold at an average price of $224.98, for a total transaction of $910,719.04. Following the completion of the transaction, the executive vice president now directly owns 5,334 shares of the company’s stock, valued at approximately $1,200,043.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 281,108 shares of company stock valued at $61,321,396. 1.00% of the stock is currently owned by corporate insiders.
Shares of Becton Dickinson and stock traded down $4.63 during trading on Friday, hitting $215.50. 1,320,570 shares of the company’s stock were exchanged, compared to its average volume of 1,153,007. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.54 and a quick ratio of 0.93. Becton Dickinson and Co has a 52-week low of $175.66 and a 52-week high of $248.39. The stock has a market cap of $58,607.96, a PE ratio of 22.73, a price-to-earnings-growth ratio of 1.60 and a beta of 1.15.
Becton Dickinson and (NYSE:BDX) last issued its earnings results on Tuesday, February 6th. The medical instruments supplier reported $2.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.41 by $0.07. Becton Dickinson and had a net margin of 2.71% and a return on equity of 16.19%. The firm had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the company posted $2.33 earnings per share. The firm’s revenue was up 5.4% compared to the same quarter last year. equities analysts expect that Becton Dickinson and Co will post 10.95 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 9th were issued a dividend of $0.75 per share. The ex-dividend date was Thursday, March 8th. This represents a $3.00 annualized dividend and a dividend yield of 1.39%. Becton Dickinson and’s dividend payout ratio (DPR) is presently 31.65%.
Several equities research analysts have weighed in on the stock. Piper Jaffray restated an “overweight” rating and issued a $260.00 target price (up from $223.00) on shares of Becton Dickinson and in a research note on Tuesday, February 6th. Citigroup upgraded shares of Becton Dickinson and from a “sell” rating to a “neutral” rating in a research note on Friday, January 5th. Zacks Investment Research downgraded shares of Becton Dickinson and from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Morgan Stanley lifted their price objective on shares of Becton Dickinson and from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. Finally, BMO Capital Markets started coverage on shares of Becton Dickinson and in a research note on Monday, March 5th. They set a “market perform” rating and a $249.00 price objective for the company. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Becton Dickinson and currently has a consensus rating of “Buy” and a consensus price target of $240.53.
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About Becton Dickinson and
Becton, Dickinson and Company (BD) 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. The Company operates through two segments: BD Medical and BD Life Sciences. The BD Medical segment produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings.
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