As Becton Dickinson & Co (NYSE:BDX) Price Declined, Mackenzie Financial Corp Upped Its Position

May 16, 2018 - By Mark Mitchell

Becton, Dickinson and Company (NYSE:BDX) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.55. That’s change of 0.62, from 2017Q3’s 0.93. 50 investors sold all, 294 reduced holdings as BDX ratio is positive. 386 increased stakes while 147 funds took stakes. Funds hold 215.77 million shares thus 9.23% more from 2017Q3’s 197.53 million shares. Quantum Cap Mngmt holds 0.08% or 1,597 shs. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.26% stake. Johnson Gp Inc Inc accumulated 536 shs or 0.01% of the stock. Moreover, Whalerock Point Ptnrs Limited Liability Company has 0.16% invested in Becton, Dickinson and Company (NYSE:BDX). Ingalls And Snyder Ltd Llc owns 1,189 shs. Strs Ohio has invested 0.29% in Becton, Dickinson and Company (NYSE:BDX). 3,824 are owned by Synovus Financial Corp. Reliance Trust Of Delaware has 0.12% invested in Becton, Dickinson and Company (NYSE:BDX) for 3,670 shs. Arizona State Retirement Sys holds 0.23% or 109,595 shs. St Germain D J owns 1.03% invested in Becton, Dickinson and Company (NYSE:BDX) for 40,437 shs. Fragasso reported 7,143 shs. Brown Advisory Secs Limited accumulated 1,549 shs or 0.06% of the stock. Alabama-based Fjarde Ap has invested 0.24% in Becton, Dickinson and Company (NYSE:BDX). Btr Mngmt has invested 0.08% in Becton, Dickinson and Company (NYSE:BDX). Tocqueville Asset Mngmt L P stated it has 0.05% of its capital in Becton, Dickinson and Company (NYSE:BDX).

BDX registered $4.78 million net activity with 1 insider buy and 5 insider sales since February 23, 2018. Polen Thomas E Jr also sold $426,079 worth of Becton, Dickinson and Company (NYSE:BDX) on Tuesday, March 13. On Monday, February 26 Borzi James W also sold $910,726 worth of Becton, Dickinson and Company (NYSE:BDX). On Friday, February 23 RING TIMOTHY M sold $38,416 worth of Becton, Dickinson and Company (NYSE:BDX). $2.31 million worth of Becton, Dickinson and Company (NYSE:BDX) was sold by Shabshab Nabil on Friday, May 11. On Tuesday, February 27 5,355 shs were sold by Gallagher John E, worth $1.21M.

The holdings In Becton Dickinson & Co (NYSE:BDX) held by Mackenzie Financial Corp was increased. According to 2018Q1 Securities and Exchange filling the rise is 18.75%. Becton Dickinson & Co (NYSE:BDX) declined 1.94% with the market as Mackenzie Financial Corp bought 180,176 shares. Mackenzie Financial Corp is holding 1.14M shares, compared to 960,926 last quarter. The announced value is $247.28M. $60.09B is the Becton Dickinson & Co’s MC. The stock increased 0.05% or $0.12 during the last trading session, touching $224.87.Becton, Dickinson and Company has 1.20M shares volume, 3.28% up from normal. BDX is uptrending and has moved 15.92% since May 17, 2017. The stock outperformed the S&P500 by 4.37%.

The Mackenzie Financial Corp’s stake in Anthem Inc (NYSE:ANTM) was decreased by 57,787 shares to 65,016 shares valued at $14.28M in 2018Q1, according to the filling. It manages about $61.70B and $39.23 billion US longs. It decreased Verizon Communications Inc (NYSE:VZ) position by 2.25 million shares to 9.47M shares, and cut its Citigroup Inc (NYSE:C) stake.

Mackenzie Financial Corp is a Ontario, Canada-based hedge fund with more than $61.70 billion AUM in March, 2014. This fund invests only a small percentage of its assets in equities and options. Mackenzie Financial Corp is the 80th largest hedge fund in our database. Taken from Mackenzie Financial latest Adv, the fund reported to have 1006 full and part-time employees. Among which 70 performing investment advisory and research functions. The hedge fund had more than 200 clients.

Becton, Dickinson and Company (NYSE:BDX) Ratings Coverage

A total of 12 analysts rate Becton Dickinson (NYSE:BDX) as follows: 9 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:BDX) has 13 ratings reports on 17 May 2018 according to StockzIntelligence. On Wednesday, December 20 Cowen & Co maintained the shares of BDX in report with “Buy” rating. On Friday, January 5 the firm has “Hold” rating given by Citigroup. On Tuesday, February 6 the stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by Jefferies. On Friday, December 29 Deutsche Bank maintained Becton, Dickinson and Company (NYSE:BDX) with “Buy” rating. On Thursday, February 8 the firm has “Hold” rating by RBC Capital Markets given. On Tuesday, February 6 Piper Jaffray maintained the shares of BDX in report with “Buy” rating. On Tuesday, April 10 the firm has “Buy” rating by Citigroup given. On Wednesday, February 7 Morgan Stanley maintained Becton, Dickinson and Company (NYSE:BDX) rating. Morgan Stanley has “Equal-Weight” rating and $250 target.

Becton, Dickinson and Company develops, makes, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide.The firm is valued at $60.09 billion. It operates in two divisions, BD Medical and BD Life Sciences.Last it reported negative earnings. 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.

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

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