Mawer Investment Management LTD Has Boosted Its Becton Dickinson And Co (BDX) Position by $4.83 Million; Share Value Rose; Raging Capital Management Increases Position in Target (TGT)

January 20, 2018 - By Maria Brooks

Mawer Investment Management Ltd increased its stake in Becton Dickinson And Co (BDX) by 1.39% based on its latest 2017Q3 regulatory filing with the SEC. Mawer Investment Management Ltd bought 24,761 shares as the company’s stock rose 1.79% with the market. The institutional investor held 1.80 million shares of the health care company at the end of 2017Q3, valued at $352.60 million, up from 1.78M at the end of the previous reported quarter. Mawer Investment Management Ltd who had been investing in Becton Dickinson And Co for a number of months, seems to be bullish on the $62.48 billion market cap company. The stock increased 1.03% or $2.39 during the last trading session, reaching $234.51. About 1.47M shares traded or 9.78% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since January 20, 2017 and is uptrending. It has underperformed by 4.38% the S&P500.

William C. Martin increased its stake in Target Corp (TGT) by 251.06% based on its latest 2017Q3 regulatory filing with the SEC. Raging Capital Management Llc bought 59,000 shares as the company’s stock declined 14.90% while stock markets rallied. The hedge fund run by William C. Martin held 82,500 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $4.87M, up from 23,500 at the end of the previous reported quarter. Raging Capital Management Llc who had been investing in Target Corp for a number of months, seems to be bullish on the $42.45B market cap company. The stock increased 0.26% or $0.2 during the last trading session, reaching $78.1. About 7.81M shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since January 20, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Since August 9, 2017, it had 0 insider purchases, and 9 insider sales for $15.96 million activity. On Wednesday, August 9 Polen Thomas E Jr sold $1.18 million worth of Becton, Dickinson and Company (NYSE:BDX) or 5,971 shares. $2.36M worth of Becton, Dickinson and Company (NYSE:BDX) was sold by Sichak Stephen on Friday, September 8. $1.50M worth of stock was sold by Mas Ribo Alberto on Monday, August 14. Tharby Linda M sold $941,254 worth of stock. On Tuesday, August 22 the insider COHEN GARY M sold $3.02 million. Strahlman Ellen R sold $1.84M worth of stock.

Among 19 analysts covering Becton Dickinson (NYSE:BDX), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Becton Dickinson had 47 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley maintained Becton, Dickinson and Company (NYSE:BDX) on Friday, November 3 with “Equal-Weight” rating. The rating was initiated by Wells Fargo with “Buy” on Friday, September 22. The rating was maintained by Barclays Capital on Thursday, August 10 with “Equal-Weight”. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm earned “Buy” rating on Tuesday, July 18 by Jefferies. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by Argus Research on Wednesday, August 19. Cowen & Co maintained Becton, Dickinson and Company (NYSE:BDX) rating on Monday, August 14. Cowen & Co has “Buy” rating and $23000 target. On Thursday, February 4 the stock rating was maintained by Citigroup with “Neutral”. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) on Thursday, March 30 with “Buy” rating. The firm has “Hold” rating by Evercore given on Wednesday, January 6.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.25, from 1.18 in 2017Q2. It worsened, as 53 investors sold BDX shares while 344 reduced holdings. 74 funds opened positions while 297 raised stakes. 197.53 million shares or 0.90% more from 195.76 million shares in 2017Q2 were reported. Highlander Cap Limited Liability Company invested in 1,500 shares. 10,867 were accumulated by Qs Invsts Limited Liability Corporation. Moreover, Thrivent For Lutherans has 0.01% invested in Becton, Dickinson and Company (NYSE:BDX). Eagleclaw Cap Managment Lc reported 4,776 shares or 0.53% of all its holdings. National Bank holds 0.09% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 4,175 shares. Burns J W New York, a New York-based fund reported 19,903 shares. Sequoia Fincl Advsr Limited Liability Corporation stated it has 1,478 shares or 0.03% of all its holdings. Insurance Tx holds 0.07% or 7,091 shares. First City Management reported 0.61% in Becton, Dickinson and Company (NYSE:BDX). Horseman Cap Mngmt Ltd owns 6,000 shares. Perigon Wealth Mgmt Ltd Company invested 0% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.24% invested in Becton, Dickinson and Company (NYSE:BDX) for 30,078 shares. Trustmark Bancorporation Trust Department holds 0.16% in Becton, Dickinson and Company (NYSE:BDX) or 7,139 shares. Moreover, American Assets Invest Management Limited Liability has 0.2% invested in Becton, Dickinson and Company (NYSE:BDX). Murphy Mngmt reported 7,763 shares or 0.22% of all its holdings.

Mawer Investment Management Ltd, which manages about $20.93 billion and $11.73B US Long portfolio, decreased its stake in Ihs Markit Ltd by 81,403 shares to 5.72 million shares, valued at $252.23M in 2017Q3, according to the filing. It also reduced its holding in Procter & Gamble Co/The (NYSE:PG) by 884,200 shares in the quarter, leaving it with 434,832 shares, and cut its stake in Imperial Oil Ltd (NYSEMKT:IMO).

Raging Capital Management Llc, which manages about $631.31 million and $643.69 million US Long portfolio, decreased its stake in Fiat Chrysler Automobiles N (Call) by 800,000 shares to 2.20 million shares, valued at $39.40M in 2017Q3, according to the filing. It also reduced its holding in Pacific Biosciences Calif In (NASDAQ:PACB) by 710,937 shares in the quarter, leaving it with 4.42 million shares, and cut its stake in Fiat Chrysler Automobiles N.

Among 28 analysts covering Target Corporation (NYSE:TGT), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Target Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup downgraded the stock to “Neutral” rating in Wednesday, June 21 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, November 16. The firm has “Buy” rating by Vetr given on Tuesday, August 25. The rating was maintained by M Partners on Thursday, August 20 with “Neutral”. UBS maintained the stock with “Neutral” rating in Thursday, November 19 report. M Partners upgraded the shares of TGT in report on Thursday, August 17 to “Buy” rating. The firm has “Strong-Buy” rating by Vetr given on Tuesday, September 8. The stock of Target Corporation (NYSE:TGT) earned “Hold” rating by Jefferies on Tuesday, January 9. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, July 13. Susquehanna upgraded Target Corporation (NYSE:TGT) on Wednesday, January 10 to “Positive” rating.

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