New Residential Invt (NRZ) Holding Has Boosted by American Assets Capital Advisers; St Germain D J Co Cut Position in Becton Dickinson (BDX) by $2.80 Million

May 16, 2018 - By Henry Gaston

Becton, Dickinson and Company (NYSE:BDX) Logo

St Germain D J Co Inc decreased its stake in Becton Dickinson Corp (BDX) by 24.43% based on its latest 2017Q4 regulatory filing with the SEC. St Germain D J Co Inc sold 13,075 shares as the company’s stock declined 1.94% with the market. The institutional investor held 40,437 shares of the health care company at the end of 2017Q4, valued at $8.66 million, down from 53,512 at the end of the previous reported quarter. St Germain D J Co Inc who had been investing in Becton Dickinson Corp for a number of months, seems to be less bullish one the $60.05B market cap company. The stock decreased 1.07% or $2.43 during the last trading session, reaching $224.75. About 1.29 million shares traded or 10.94% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since May 16, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

American Assets Capital Advisers increased its stake in New Residential Invt Corp (NRZ) by 35.58% based on its latest 2017Q4 regulatory filing with the SEC. American Assets Capital Advisers bought 388,234 shares as the company’s stock declined 8.26% with the market. The institutional investor held 1.48M shares of the real estate investment trusts company at the end of 2017Q4, valued at $26.45M, up from 1.09 million at the end of the previous reported quarter. American Assets Capital Advisers who had been investing in New Residential Invt Corp for a number of months, seems to be bullish on the $6.05 billion market cap company. The stock increased 0.17% or $0.03 during the last trading session, reaching $18.01. About 1.54 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 0.90% since May 16, 2017 and is uptrending. It has underperformed by 10.65% the S&P500.

Analysts await Becton, Dickinson and Company (NYSE:BDX) to report earnings on August, 2. They expect $2.84 earnings per share, up 15.45% or $0.38 from last year’s $2.46 per share. BDX’s profit will be $758.86 million for 19.78 P/E if the $2.84 EPS becomes a reality. After $2.65 actual earnings per share reported by Becton, Dickinson and Company for the previous quarter, Wall Street now forecasts 7.17% EPS growth.

St Germain D J Co Inc, which manages about $1.01B and $837.30M US Long portfolio, upped its stake in Ishares Tr S&P U S Pfd Stock I (PFF) by 80,833 shares to 231,335 shares, valued at $8.81M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr Floating Rate Nt Et (FLOT) by 50,849 shares in the quarter, for a total of 682,845 shares, and has risen its stake in Emerging Markets (VWO).

Since February 23, 2018, it had 1 insider purchase, and 5 selling transactions for $4.78 million activity. RING TIMOTHY M had sold 176 shares worth $38,416. Another trade for 500 shares valued at $112,535 was made by Melcher David F on Monday, May 7. $2.31 million worth of Becton, Dickinson and Company (NYSE:BDX) was sold by Shabshab Nabil. Gallagher John E also sold $1.21 million worth of Becton, Dickinson and Company (NYSE:BDX) shares. Borzi James W had sold 4,048 shares worth $910,726.

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. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Equal-Weight” rating given on Thursday, August 10 by Barclays Capital. The rating was maintained by Jefferies with “Buy” on Tuesday, September 26. The rating was initiated by Wells Fargo on Friday, September 22 with “Buy”. The stock has “Outperform” rating by Raymond James on Thursday, January 5. RBC Capital Markets maintained Becton, Dickinson and Company (NYSE:BDX) rating on Thursday, February 4. RBC Capital Markets has “Sector Perform” rating and $153 target. The firm has “Buy” rating given on Tuesday, August 22 by Jefferies. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm earned “Sell” rating on Friday, September 23 by Citigroup. Citigroup maintained the shares of BDX in report on Thursday, February 4 with “Neutral” rating. Piper Jaffray maintained the shares of BDX in report on Tuesday, February 6 with “Buy” rating.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.62, from 0.93 in 2017Q3. It increased, 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. Nomura Asset Co Limited holds 70,181 shares or 0.17% of its portfolio. Kornitzer Cap Management Ks reported 0.01% in Becton, Dickinson and Company (NYSE:BDX). Drexel Morgan & reported 2,488 shares. Qs Investors Limited Com invested in 12,655 shares. Community Fincl Bank Na holds 4,547 shares or 0.1% of its portfolio. Glob X Management Limited Liability Co invested in 5,897 shares or 0.03% of the stock. Millennium Ltd Llc holds 0.08% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 275,905 shares. Amica Retiree Trust invested in 0.08% or 510 shares. Kistler holds 395 shares or 0.03% of its portfolio. Baldwin Brothers Ma has invested 0.02% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Goldman Sachs Group reported 1.37M shares stake. 6,488 are owned by Howland Ltd Liability Corp. Moreover, Cipher Capital Lp has 0.82% invested in Becton, Dickinson and Company (NYSE:BDX) for 48,143 shares. Whittier Tru Of Nevada Incorporated invested in 5,740 shares or 0.1% of the stock. Vident Invest Advisory Limited Liability Com owns 0.04% invested in Becton, Dickinson and Company (NYSE:BDX) for 4,536 shares.

Another recent and important Becton, Dickinson and Company (NYSE:BDX) news was published by Seekingalpha.com which published an article titled: “Becton, Dickinson: More Than A Short-Term Bounce On The Cards?” on May 10, 2018.

Investors sentiment decreased to 1.31 in 2017 Q4. Its down 0.09, from 1.4 in 2017Q3. It fall, as 27 investors sold NRZ shares while 68 reduced holdings. 36 funds opened positions while 88 raised stakes. 138.68 million shares or 3.46% less from 143.66 million shares in 2017Q3 were reported. Lsv Asset Mngmt has 646,900 shares for 0.02% of their portfolio. 18,730 were accumulated by Visionary Asset. Moreover, Morgan Stanley has 0.01% invested in New Residential Investment Corp. (NYSE:NRZ) for 2.22M shares. Rafferty Asset Mgmt Ltd Liability Com invested 0.02% in New Residential Investment Corp. (NYSE:NRZ). Investment Advsr has 81,725 shares. Mckinley Cap Mngmt Ltd Llc Delaware reported 107,107 shares or 0.1% of all its holdings. Public Employees Retirement Association Of Colorado reported 43,933 shares. 29,221 are held by Cubist Systematic Strategies Limited Liability. Moreover, Vanguard Group has 0.02% invested in New Residential Investment Corp. (NYSE:NRZ) for 25.14 million shares. 15,694 were accumulated by Virtu Fincl Ltd Liability Corporation. Raymond James stated it has 247,869 shares. Prudential invested 0.01% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Moreover, Kames Capital Public Limited Com has 0.19% invested in New Residential Investment Corp. (NYSE:NRZ) for 410,096 shares. Wellington Shields Mngmt Limited holds 0.09% in New Residential Investment Corp. (NYSE:NRZ) or 34,050 shares. Quantitative Systematic Strategies Ltd Liability stated it has 52,239 shares.

American Assets Capital Advisers, which manages about $79.48M and $394.40M US Long portfolio, decreased its stake in Hudson Pac Pptys Inc (NYSE:HPP) by 119,600 shares to 9,600 shares, valued at $329,000 in 2017Q4, according to the filing.

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, January 18, the company rating was upgraded by Wedbush. The rating was maintained by FBR Capital on Wednesday, November 29 with “Buy”. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Buy” rating by FBR Capital on Tuesday, February 13. The company was maintained on Friday, June 23 by FBR Capital. The firm earned “Outperform” rating on Wednesday, February 22 by FBR Capital. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Overweight” rating by Piper Jaffray on Friday, September 9. The firm earned “Buy” rating on Thursday, November 30 by Piper Jaffray. The company was maintained on Tuesday, October 24 by Barclays Capital. On Thursday, February 25 the stock rating was maintained by FBR Capital with “Outperform”. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Overweight” rating given on Monday, October 19 by Piper Jaffray.

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

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