Becton Dickinson & Co (NYSE:BDX) Institutional Investors Sentiment Index Falls in 2019 Q2

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Sentiment for Becton Dickinson & Co (NYSE:BDX)

Becton Dickinson & Co (NYSE:BDX) institutional sentiment decreased to 1.1 in Q2 2019. Its down -0.03, from 1.13 in 2019Q1. The ratio dropped, as 456 institutional investors increased or started new stock positions, while 413 reduced and sold their stock positions in Becton Dickinson & Co. The institutional investors in our partner’s database now own: 220.73 million shares, down from 227.64 million shares in 2019Q1. Also, the number of institutional investors holding Becton Dickinson & Co in their top 10 stock positions 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 earnings per share, 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 earnings per share 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. Wells Fargo maintained the stock with “Outperform” rating in Friday, September 6 report. The rating was maintained by Argus Research on Friday, June 21 with “Buy”. Raymond James maintained Becton, Dickinson and Company (NYSE:BDX) on Tuesday, March 19 with “Strong Buy” rating. The firm earned “Equal-Weight” rating on Monday, April 15 by Barclays Capital.

More notable recent Becton, Dickinson and Company (NYSE:BDX) news were published by: Finance.Yahoo.com which released: “Would Becton, Dickinson and Company (NYSE:BDX) Be Valuable To Income Investors? – Yahoo Finance” on May 22, 2019, also Investorplace.com with their article: “5 Healthcare Stocks to Buy for Healthy Dividends – Investorplace.com” published on August 23, 2019, Seekingalpha.com published: “BDX Preferred And Common Offer Stable Dividends – Seeking Alpha” on August 26, 2019. More interesting news about Becton, Dickinson and Company (NYSE:BDX) were released by: Finance.Yahoo.com and their article: “What Kind Of Shareholder Owns Most Becton, Dickinson and Company (NYSE:BDX) Stock? – Yahoo Finance” published on August 31, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is There Now An Opportunity In Becton, Dickinson and Company (NYSE:BDX)? – Yahoo Finance” with publication date: June 12, 2019.

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

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