General Electric Co (GE) Holder Farmers National Bank Cut Holding as Stock Value Declined; Glenview State Bank Trust Upped Becton Dickinson Co (BDX) Holding by $847,012

April 26, 2018 - By Nellie Frank

Becton, Dickinson and Company (NYSE:BDX) Logo

Farmers National Bank decreased its stake in General Electric Co (GE) by 20.91% based on its latest 2017Q4 regulatory filing with the SEC. Farmers National Bank sold 32,435 shares as the company’s stock declined 23.20% with the market. The institutional investor held 122,669 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.14M, down from 155,104 at the end of the previous reported quarter. Farmers National Bank who had been investing in General Electric Co for a number of months, seems to be less bullish one the $124.79 billion market cap company. The stock increased 2.29% or $0.321 during the last trading session, reaching $14.371. About 41.74 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 26, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Glenview State Bank Trust increased its stake in Becton Dickinson Co (BDX) by 57.03% based on its latest 2017Q4 regulatory filing with the SEC. Glenview State Bank Trust bought 3,958 shares as the company’s stock declined 1.94% with the market. The institutional investor held 10,898 shares of the health care company at the end of 2017Q4, valued at $2.33M, up from 6,940 at the end of the previous reported quarter. Glenview State Bank Trust who had been investing in Becton Dickinson Co for a number of months, seems to be bullish on the $ market cap company. The stock decreased 0.92% or $2.14 during the last trading session, reaching $230.88. About 1.04 million shares traded or Infinity% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since April 26, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

Since February 23, 2018, it had 0 buys, and 4 sales for $2.59 million activity. RING TIMOTHY M sold $38,416 worth of Becton, Dickinson and Company (NYSE:BDX) on Friday, February 23. Another trade for 1,877 shares valued at $426,079 was made by Polen Thomas E Jr on Tuesday, March 13. Gallagher John E had sold 5,355 shares worth $1.21M on Tuesday, February 27.

Among 20 analysts covering Becton Dickinson (NYSE:BDX), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Becton Dickinson had 53 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained the shares of BDX in report on Tuesday, August 22 with “Buy” rating. The firm earned “Outperform” rating on Tuesday, October 24 by Wells Fargo. The firm has “Buy” rating given on Friday, December 29 by Deutsche Bank. The rating was maintained by Jefferies with “Buy” on Tuesday, February 6. The firm earned “Outperform” rating on Thursday, January 5 by Raymond James. The rating was downgraded by Evercore to “Hold” on Wednesday, January 6. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, August 3. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Neutral” rating by JP Morgan on Tuesday, January 3. Cowen & Co maintained the stock with “Buy” rating in Wednesday, September 27 report. The stock has “Hold” rating by Deutsche Bank on Monday, August 10.

Investors sentiment increased to 1.55 in Q4 2017. Its up 0.62, from 0.93 in 2017Q3. It is positive, as 50 investors sold BDX shares while 294 reduced holdings. 147 funds opened positions while 386 raised stakes. 215.77 million shares or 9.23% more from 197.53 million shares in 2017Q3 were reported. New York State Common Retirement Fund stated it has 0.26% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Glenmede Tru Co Na holds 24,801 shares. Ingalls Snyder Limited Company invested 0.01% in Becton, Dickinson and Company (NYSE:BDX). Rnc Cap Mgmt has 1,057 shares for 0.02% of their portfolio. Scotia Cap Inc owns 38,027 shares for 0.11% of their portfolio. Puzo Michael J stated it has 1,000 shares. Oakbrook Invs Ltd Liability stated it has 1,722 shares. Credit Suisse Ag invested in 0.1% or 495,271 shares. Oak Assocs Oh owns 0.1% invested in Becton, Dickinson and Company (NYSE:BDX) for 6,526 shares. Rhode Island-based Washington Tru has invested 1.15% in Becton, Dickinson and Company (NYSE:BDX). West Oak Lc owns 0.32% invested in Becton, Dickinson and Company (NYSE:BDX) for 2,461 shares. Mark Sheptoff Planning has invested 0% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Fil, a Bermuda-based fund reported 72,901 shares. Virtus Inv Advisers accumulated 5,626 shares or 0.13% of the stock. Garrison Financial, a Arkansas-based fund reported 24,125 shares.

Glenview State Bank Trust, which manages about $216.84 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 68,737 shares to 65,079 shares, valued at $1.14M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It worsened, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Rudman Errol M invested 1.69% in General Electric Company (NYSE:GE). Snow Management Limited Partnership owns 42,719 shares for 0.03% of their portfolio. Hugh Johnson Advsr Ltd Liability Corporation invested in 0.1% or 18,934 shares. New England & Mngmt owns 82,293 shares. Ballentine Ptnrs Limited Liability Company accumulated 0.04% or 39,945 shares. Capital Limited Ca reported 49,222 shares. Pictet Cie (Europe) accumulated 0.17% or 67,951 shares. Smithbridge Asset Mgmt Inc De holds 45,331 shares. United Svcs Automobile Association has invested 0.31% in General Electric Company (NYSE:GE). Eagleclaw Managment Limited Liability Com has invested 0.14% in General Electric Company (NYSE:GE). Adirondack Rech And Mgmt holds 0.19% or 27,717 shares in its portfolio. Moreover, Lipe And Dalton has 1.27% invested in General Electric Company (NYSE:GE) for 105,033 shares. Overbrook Mgmt Corporation accumulated 0.26% or 72,390 shares. Twin Tree Management Ltd Partnership reported 0.05% of its portfolio in General Electric Company (NYSE:GE). Fdx Advisors holds 379,253 shares or 0.18% of its portfolio.

Farmers National Bank, which manages about $172.72M US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 4,780 shares to 32,350 shares, valued at $2.77M in 2017Q4, according to the filing. It also increased its holding in Vanguard Information Technology Etf (VGT) by 2,868 shares in the quarter, for a total of 4,072 shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

General Electric Company (NYSE:GE) Institutional Positions Chart

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