Becton Dickinson and Co (BDX) Holdings Raised by National Pension Service

National Pension Service boosted its position in shares of Becton Dickinson and Co (NYSE:BDX) by 31.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 234,668 shares of the medical instruments supplier’s stock after acquiring an additional 56,319 shares during the period. National Pension Service owned 0.09% of Becton Dickinson and worth $50,233,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in Becton Dickinson and by 55.8% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 670 shares of the medical instruments supplier’s stock worth $131,000 after acquiring an additional 240 shares during the period. Harfst & Associates Inc. raised its stake in Becton Dickinson and by 46.4% during the 2nd quarter. Harfst & Associates Inc. now owns 697 shares of the medical instruments supplier’s stock worth $135,000 after acquiring an additional 221 shares during the period. Harvest Fund Management Co. Ltd raised its stake in Becton Dickinson and by 82.8% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 746 shares of the medical instruments supplier’s stock worth $146,000 after acquiring an additional 338 shares during the period. Acrospire Investment Management LLC raised its stake in Becton Dickinson and by 259.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 831 shares of the medical instruments supplier’s stock worth $162,000 after acquiring an additional 600 shares during the period. Finally, Valeo Financial Advisors LLC bought a new stake in Becton Dickinson and during the 3rd quarter worth approximately $191,000. Institutional investors own 75.54% of the company’s stock.

Shares of Becton Dickinson and Co (NYSE BDX) opened at $231.37 on Thursday. Becton Dickinson and Co has a fifty-two week low of $169.19 and a fifty-two week high of $231.38. The company has a current ratio of 5.58, a quick ratio of 5.03 and a debt-to-equity ratio of 1.44. The stock has a market cap of $60,886.55, a P/E ratio of 49.76, a price-to-earnings-growth ratio of 1.74 and a beta of 1.07.

Becton Dickinson and (NYSE:BDX) last posted its earnings results on Thursday, November 2nd. The medical instruments supplier reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.03. Becton Dickinson and had a net margin of 8.52% and a return on equity of 20.56%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the firm posted $2.12 earnings per share. Becton Dickinson and’s revenue for the quarter was down 2.0% compared to the same quarter last year. equities research analysts anticipate that Becton Dickinson and Co will post 10.66 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were issued a $0.75 dividend. The ex-dividend date was Thursday, December 7th. This is a positive change from Becton Dickinson and’s previous quarterly dividend of $0.73. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.30%. Becton Dickinson and’s dividend payout ratio (DPR) is 64.52%.

A number of brokerages have issued reports on BDX. Argus increased their price objective on shares of Becton Dickinson and to $235.00 and gave the company a “buy” rating in a report on Thursday, December 14th. They noted that the move was a valuation call. Wells Fargo & Co reaffirmed a “positive” rating and set a $235.00 price objective (up from $225.00) on shares of Becton Dickinson and in a report on Tuesday, October 24th. They noted that the move was a valuation call. KeyCorp began coverage on shares of Becton Dickinson and in a report on Friday, January 5th. They set an “overweight” rating and a $260.00 price objective for the company. Morgan Stanley increased their price objective on shares of Becton Dickinson and from $205.00 to $245.00 and gave the company an “equal weight” rating in a report on Friday, November 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $230.00 price objective (up from $210.00) on shares of Becton Dickinson and in a report on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $230.20.

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Becton Dickinson and Profile

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

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