Baskin Financial Services Has Boosted Its Bank Of Nova Scotia (BNS) Position; Partner Investment Management LP Lowered Baxter Intl (BAX) Position By $597,504

May 18, 2018 - By Clifton Ray

Baxter International Inc. (NYSE:BAX) Logo

Baskin Financial Services Inc increased Bank Of Nova Scotia (BNS) stake by 1.86% reported in 2017Q4 SEC filing. Baskin Financial Services Inc acquired 4,829 shares as Bank Of Nova Scotia (BNS)’s stock declined 5.86%. The Baskin Financial Services Inc holds 263,809 shares with $17.10 million value, up from 258,980 last quarter. Bank Of Nova Scotia now has $75.06B valuation. The stock decreased 0.25% or $0.16 during the last trading session, reaching $62.95. About 615,847 shares traded. The Bank of Nova Scotia (NYSE:BNS) has risen 3.96% since May 18, 2017 and is uptrending. It has underperformed by 7.59% the S&P500.

Partner Investment Management Lp decreased Baxter Intl Inc (BAX) stake by 25.66% reported in 2017Q4 SEC filing. Partner Investment Management Lp sold 9,336 shares as Baxter Intl Inc (BAX)’s stock rose 0.23%. The Partner Investment Management Lp holds 27,047 shares with $1.75 million value, down from 36,383 last quarter. Baxter Intl Inc now has $37.83 billion valuation. The stock decreased 0.13% or $0.09 during the last trading session, reaching $70.65. About 2.71M shares traded. Baxter International Inc. (NYSE:BAX) has risen 25.16% since May 18, 2017 and is uptrending. It has outperformed by 13.61% the S&P500.

More notable recent Baxter International Inc. (NYSE:BAX) news were published by: Seekingalpha.com which released: “Baxter Is Quickly Rebuilding Its Solid Dividend” on May 17, 2018, also Livetradingnews.com with their article: “Wall Street’s Top Analysts Upgrades, Downgrades & Initiations” published on May 18, 2018, Streetinsider.com published: “Baxter (BAX) Announces US FDA Clearance of New Spectrum IQ Infusion System” on May 14, 2018. More interesting news about Baxter International Inc. (NYSE:BAX) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: AIG, Baxter, Cisco, Eiger Bio, Energy Transfer, Juniper, NOV, Phillips 66 …” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Premarket analyst action – healthcare” with publication date: May 17, 2018.

Investors sentiment is 0.97 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 32 investors sold BAX shares while 311 reduced holdings. only 81 funds opened positions while 250 raised stakes. 441.20 million shares or 0.32% more from 439.80 million shares in 2017Q3 were reported. 328,427 are owned by Nordea Investment Ab. Asset Mngmt Inc has 41,530 shares for 0.09% of their portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 49,899 shares. Wells Fargo And Mn invested in 0.13% or 6.74 million shares. M&R Capital Mngmt has 0.23% invested in Baxter International Inc. (NYSE:BAX) for 15,428 shares. Td Asset Management Inc stated it has 0.02% in Baxter International Inc. (NYSE:BAX). Denali Advisors Lc has 10,700 shares for 0.11% of their portfolio. Legacy Private Company reported 18,103 shares or 0.14% of all its holdings. Athena Capital Advsr Llc holds 3,337 shares or 0.05% of its portfolio. 4,815 are owned by Nadler Finance Group. Mawer Invest Ltd holds 542,980 shares. Tiaa Cref Llc holds 3.65M shares or 0.16% of its portfolio. Mai Capital Management has 10,798 shares for 0.04% of their portfolio. Woodmont Investment Counsel Limited Liability accumulated 0.24% or 14,103 shares. Williams Jones Ltd stated it has 0.01% of its portfolio in Baxter International Inc. (NYSE:BAX).

Analysts await Baxter International Inc. (NYSE:BAX) to report earnings on July, 25. They expect $0.71 EPS, up 12.70% or $0.08 from last year’s $0.63 per share. BAX’s profit will be $380.19 million for 24.88 P/E if the $0.71 EPS becomes a reality. After $0.70 actual EPS reported by Baxter International Inc. for the previous quarter, Wall Street now forecasts 1.43% EPS growth.

Since March 2, 2018, it had 0 insider purchases, and 5 insider sales for $5.13 million activity. STROUCKEN ALBERT P L also sold $243,443 worth of Baxter International Inc. (NYSE:BAX) shares. STORM KORNELIS J. also sold $3.10M worth of Baxter International Inc. (NYSE:BAX) on Wednesday, March 28. $329,590 worth of stock was sold by Shapazian Carole J on Friday, March 2. The insider GAVIN JAMES R III sold 18,750 shares worth $1.21M. HELLMAN PETER S had sold 3,760 shares worth $243,408.

Among 21 analysts covering Baxter International (NYSE:BAX), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Baxter International had 60 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Baxter International Inc. (NYSE:BAX) has “Neutral” rating given on Monday, April 30 by Citigroup. The stock has “Outperform” rating by Raymond James on Wednesday, January 3. The firm has “Neutral” rating given on Friday, July 28 by UBS. The stock of Baxter International Inc. (NYSE:BAX) has “Overweight” rating given on Tuesday, August 11 by Barclays Capital. RBC Capital Markets maintained it with “Hold” rating and $72.0 target in Thursday, February 1 report. Citigroup initiated it with “Hold” rating and $63.0 target in Thursday, August 17 report. The rating was initiated by Barclays Capital with “Overweight” on Thursday, September 15. Piper Jaffray upgraded Baxter International Inc. (NYSE:BAX) rating on Thursday, April 14. Piper Jaffray has “Overweight” rating and $58 target. The firm has “Overweight” rating by Barclays Capital given on Thursday, July 27. The stock has “Market Perform” rating by Leerink Swann on Wednesday, October 28.

Baskin Financial Services Inc decreased Pembina Pipeline Corp (NYSE:PBA) stake by 10,182 shares to 274,110 valued at $9.97 million in 2017Q4. It also reduced Molson Coors Brewing Cls. B U$ (NYSE:TAP) stake by 4,865 shares and now owns 99,947 shares. C.R. Bard Inc. (NYSE:BCR) was reduced too.

Baxter International Inc. (NYSE:BAX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.