First National Bank of Mount Dora Trust Investment Services Has $5.11 Million Stake in Becton Dickinson and Co (NYSE:BDX)

First National Bank of Mount Dora Trust Investment Services lessened its stake in shares of Becton Dickinson and Co (NYSE:BDX) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,883 shares of the medical instruments supplier’s stock after selling 928 shares during the period. Becton Dickinson and accounts for approximately 2.2% of First National Bank of Mount Dora Trust Investment Services’ investment portfolio, making the stock its 18th biggest position. First National Bank of Mount Dora Trust Investment Services’ holdings in Becton Dickinson and were worth $5,112,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. grew 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 valued at $131,000 after acquiring an additional 240 shares in the last quarter. Harfst & Associates Inc. grew 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 valued at $135,000 after acquiring an additional 221 shares in the last quarter. Harvest Fund Management Co. Ltd grew 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 valued at $146,000 after acquiring an additional 338 shares in the last quarter. Acrospire Investment Management LLC grew 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 valued at $162,000 after acquiring an additional 600 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in Becton Dickinson and during the 3rd quarter valued at about $191,000. Hedge funds and other institutional investors own 75.54% of the company’s stock.

BDX has been the subject of several research reports. Royal Bank of Canada reaffirmed a “hold” rating and set a $210.00 price objective on shares of Becton Dickinson and in a research note on Wednesday, October 25th. Zacks Investment Research cut shares of Becton Dickinson and from a “hold” rating to a “sell” rating in a research note on Monday, October 9th. Deutsche Bank set a $260.00 price target on shares of Becton Dickinson and and gave the company a “buy” rating in a research note on Friday, December 29th. Stifel Nicolaus reissued a “buy” rating and issued a $245.00 price target on shares of Becton Dickinson and in a research note on Friday, November 3rd. Finally, Morgan Stanley increased their price objective on shares of Becton Dickinson and from $205.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Becton Dickinson and presently has an average rating of “Buy” and an average price target of $230.20.

Shares of Becton Dickinson and Co (BDX) opened at $227.71 on Monday. The stock has a market cap of $52,240.00, a P/E ratio of 48.97, a price-to-earnings-growth ratio of 1.78 and a beta of 1.07. Becton Dickinson and Co has a fifty-two week low of $169.19 and a fifty-two week high of $229.68. The company has a current ratio of 5.58, a quick ratio of 5.03 and a debt-to-equity ratio of 1.44.

Becton Dickinson and (NYSE:BDX) last released its earnings results on Thursday, November 2nd. The medical instruments supplier reported $2.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.37 by $0.03. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.14 billion. Becton Dickinson and had a net margin of 8.52% and a return on equity of 20.56%. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.12 EPS. equities analysts predict that Becton Dickinson and Co will post 10.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 8th were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.32%. This is a positive change from Becton Dickinson and’s previous quarterly dividend of $0.73. The ex-dividend date was Thursday, December 7th. Becton Dickinson and’s dividend payout ratio (DPR) is presently 64.52%.

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Becton Dickinson and Company 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.

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

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