Nisa Investment Advisors LLC cut its position in Becton Dickinson and Co. (NYSE:BDX) by 0.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,485 shares of the company’s stock after selling 100 shares during the period. Nisa Investment Advisors LLC’s holdings in Becton Dickinson and were worth $14,825,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Iowa State Bank bought a new position in shares of Becton Dickinson and during the second quarter worth $137,000. Fulton Bank N.A. increased its stake in Becton Dickinson and by 12.7% in the second quarter. Fulton Bank N.A. now owns 2,943 shares of the company’s stock valued at $499,000 after buying an additional 332 shares during the period. Leith Wheeler Investment Counsel Ltd. acquired a new stake in Becton Dickinson and during the second quarter valued at approximately $401,000. Integrated Investment Consultants LLC increased its stake in Becton Dickinson and by 1.0% in the second quarter. Integrated Investment Consultants LLC now owns 1,627 shares of the company’s stock valued at $276,000 after buying an additional 16 shares during the period. Finally, Toth Financial Advisory Corp increased its stake in Becton Dickinson and by 2.0% in the second quarter. Toth Financial Advisory Corp now owns 23,681 shares of the company’s stock valued at $4,016,000 after buying an additional 460 shares during the period. 81.35% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Becton Dickinson and (NYSE:BDX)

Becton Dickinson and Co. (NYSE:BDX) traded down 0.19% on Monday, hitting $170.36. 429,996 shares of the company traded hands. Becton Dickinson and Co. has a 1-year low of $129.50 and a 1-year high of $181.76. The firm’s 50 day moving average price is $171.60 and its 200 day moving average price is $172.35. The firm has a market capitalization of $36.27 billion, a PE ratio of 37.94 and a beta of 1.04.

Becton Dickinson and (NYSE:BDX) last released its quarterly earnings results on Thursday, November 3rd. The company reported $2.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.09 by $0.03. The business earned $3.23 billion during the quarter, compared to the consensus estimate of $3.22 billion. Becton Dickinson and had a return on equity of 24.45% and a net margin of 7.82%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.94 EPS. Equities research analysts predict that Becton Dickinson and Co. will post $9.52 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 9th will be paid a dividend of $0.73 per share. This is an increase from Becton Dickinson and’s previous quarterly dividend of $0.66. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Wednesday, December 7th. Becton Dickinson and’s payout ratio is currently 58.54%.

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Several equities research analysts have commented on BDX shares. Zacks Investment Research raised shares of Becton Dickinson and from a “hold” rating to a “buy” rating and set a $189.00 price objective on the stock in a report on Friday. Deutsche Bank AG reaffirmed a “buy” rating and set a $189.00 price objective (down from $197.00) on shares of Becton Dickinson and in a report on Friday, November 4th. Argus reaffirmed a “buy” rating and set a $185.00 price objective on shares of Becton Dickinson and in a report on Friday, October 21st. Jefferies Group reaffirmed a “buy” rating on shares of Becton Dickinson and in a report on Friday, August 5th. Finally, Leerink Swann reaffirmed a “hold” rating on shares of Becton Dickinson and in a report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $175.65.

In other Becton Dickinson and news, insider Stephen Sichak sold 10,352 shares of the business’s stock in a transaction dated Friday, November 4th. The stock was sold at an average price of $176.10, for a total transaction of $1,822,987.20. Following the completion of the sale, the insider now directly owns 26,892 shares in the company, valued at approximately $4,735,681.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Linda M. Tharby sold 11,704 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $177.27, for a total value of $2,074,768.08. Following the sale, the insider now owns 22,146 shares of the company’s stock, valued at $3,925,821.42. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.

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 devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.

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