Becton Dickinson and Co. (BDX) Shares Bought by TIAA CREF Trust Co. FSB MO
TIAA CREF Trust Co. FSB MO raised its stake in Becton Dickinson and Co. (NYSE:BDX) by 2.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 36,241 shares of the company’s stock after buying an additional 747 shares during the period. TIAA CREF Trust Co. FSB MO’s holdings in Becton Dickinson and were worth $6,513,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. Point72 Asia Hong Kong Ltd bought a new stake in Becton Dickinson and during the second quarter valued at $119,000. Acrospire Investment Management LLC raised its stake in Becton Dickinson and by 458.0% in the second quarter. Acrospire Investment Management LLC now owns 731 shares of the company’s stock valued at $124,000 after buying an additional 600 shares in the last quarter. Iowa State Bank bought a new stake in Becton Dickinson and during the second quarter valued at $137,000. First Personal Financial Services raised its stake in Becton Dickinson and by 101.7% in the second quarter. First Personal Financial Services now owns 827 shares of the company’s stock valued at $140,000 after buying an additional 417 shares in the last quarter. Finally, First PREMIER Bank raised its stake in Becton Dickinson and by 251.0% in the third quarter. First PREMIER Bank now owns 839 shares of the company’s stock valued at $151,000 after buying an additional 600 shares in the last quarter. 81.35% of the stock is owned by institutional investors and hedge funds.
Becton Dickinson and Co. (NYSE:BDX) traded down 1.99% on Wednesday, hitting $169.30. The stock had a trading volume of 955,955 shares. The company’s 50 day moving average is $171.40 and its 200-day moving average is $172.45. Becton Dickinson and Co. has a 1-year low of $129.50 and a 1-year high of $181.76. The firm has a market capitalization of $35.95 billion, a price-to-earnings ratio of 37.71 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 for the quarter, beating analysts’ consensus estimates of $2.09 by $0.03. Becton Dickinson and had a net margin of 7.82% and a return on equity of 24.45%. The company earned $3.23 billion during the quarter, compared to the consensus estimate of $3.22 billion. During the same period in the previous year, the business earned $1.94 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts forecast that Becton Dickinson and Co. will post $9.52 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 9th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.69%. This is an increase from Becton Dickinson and’s previous quarterly dividend of $0.66. The ex-dividend date is Wednesday, December 7th. Becton Dickinson and’s payout ratio is presently 58.54%.
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Several equities research analysts have recently weighed in on the company. Leerink Swann reiterated a “hold” rating on shares of Becton Dickinson and in a research note on Tuesday, August 9th. Cowen and Company reiterated an “outperform” rating and issued a $185.00 price objective on shares of Becton Dickinson and in a research note on Tuesday, August 16th. Jefferies Group reiterated a “buy” rating on shares of Becton Dickinson and in a research note on Friday, August 5th. Deutsche Bank AG reiterated a “buy” rating and issued a $189.00 price objective (down from $197.00) on shares of Becton Dickinson and in a research note on Friday, November 4th. Finally, Zacks Investment Research upgraded Becton Dickinson and from a “hold” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Wednesday, November 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $175.65.
In other Becton Dickinson and news, insider Stephen Sichak sold 10,352 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $176.10, for a total transaction of $1,822,987.20. Following the sale, the insider now owns 26,892 shares of the company’s stock, valued at $4,735,681.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Linda M. Tharby sold 11,704 shares of the business’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of $177.27, for a total transaction of $2,074,768.08. Following the sale, the insider now directly owns 22,146 shares in the company, valued at approximately $3,925,821.42. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by insiders.
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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