Welch & Forbes Trimmed Its Becton Dickinson & Co (BDX) Position by $458,640; Valuation Rose; As Badger Meter (BMI) Share Price Rose, Cardinal Capital Management Has Trimmed by $426,864 Its Holding

February 15, 2018 - By Louis Casey

Welch & Forbes Llc decreased its stake in Becton Dickinson & Co (BDX) by 2.99% based on its latest 2017Q3 regulatory filing with the SEC. Welch & Forbes Llc sold 2,352 shares as the company’s stock rose 1.79% with the market. The institutional investor held 76,389 shares of the health care company at the end of 2017Q3, valued at $14.97 million, down from 78,741 at the end of the previous reported quarter. Welch & Forbes Llc who had been investing in Becton Dickinson & Co for a number of months, seems to be less bullish one the $59.19B market cap company. The stock increased 1.07% or $2.35 during the last trading session, reaching $222.3. About 598,820 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since February 15, 2017 and is uptrending. It has underperformed by 4.38% the S&P500.

Amy Minella decreased its stake in Badger Meter Inc (BMI) by 29.59% based on its latest 2017Q3 regulatory filing with the SEC. Cardinal Capital Management sold 8,893 shares as the company’s stock rose 7.25% with the market. The hedge fund run by Amy Minella held 21,163 shares of the capital goods company at the end of 2017Q3, valued at $1.04 million, down from 30,056 at the end of the previous reported quarter. Cardinal Capital Management who had been investing in Badger Meter Inc for a number of months, seems to be less bullish one the $1.44B market cap company. The stock increased 1.54% or $0.75 during the last trading session, reaching $49.6. About 173,190 shares traded or 39.52% up from the average. Badger Meter, Inc. (NYSE:BMI) has risen 7.67% since February 15, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.25, from 1.18 in 2017Q2. It is negative, 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. Cleararc has invested 0.15% in Becton, Dickinson and Company (NYSE:BDX). Wellington Shields Capital Mgmt Ltd Liability Co invested in 0.59% or 22,770 shares. Crow Point Ltd has invested 0.03% in Becton, Dickinson and Company (NYSE:BDX). Moreover, Joel Isaacson & Limited Liability Company has 0.14% invested in Becton, Dickinson and Company (NYSE:BDX). Canal Insurance Company reported 5,000 shares. Amica Mutual Insur accumulated 1,571 shares. International Inc, a New York-based fund reported 110,600 shares. Decatur stated it has 0.98% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Coldstream Incorporated has 1,703 shares. Amf Pensionsforsakring accumulated 277,414 shares or 0.59% of the stock. Guyasuta Investment Inc holds 3.51% or 148,507 shares. Manufacturers Life Insur The has 0.14% invested in Becton, Dickinson and Company (NYSE:BDX). Wallace Capital Mngmt has invested 0.04% in Becton, Dickinson and Company (NYSE:BDX). Sii Invs Wi has 0.02% invested in Becton, Dickinson and Company (NYSE:BDX). Vident Inv Advisory Ltd Liability Co stated it has 3,318 shares or 0.04% of all its holdings.

Welch & Forbes Llc, which manages about $3.95 billion and $3.80 billion US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 61,306 shares to 752,226 shares, valued at $28.95M in 2017Q3, according to the filing. It also increased its holding in Chevron Corp New (NYSE:CVX) by 7,574 shares in the quarter, for a total of 306,625 shares, and has risen its stake in First Tr Exchange Traded Fd (FTSL).

Since August 14, 2017, it had 0 insider buys, and 5 selling transactions for $10.19 million activity. $3.02 million worth of Becton, Dickinson and Company (NYSE:BDX) was sold by COHEN GARY M on Tuesday, August 22. Shares for $1.24M were sold by Shabshab Nabil. $714,210 worth of Becton, Dickinson and Company (NYSE:BDX) shares were sold by Lim James C. Mas Ribo Alberto had sold 7,463 shares worth $1.50 million on Monday, August 14. 4,695 Becton, Dickinson and Company (NYSE:BDX) shares with value of $941,254 were sold by Tharby Linda M.

Among 19 analysts covering Becton Dickinson (NYSE:BDX), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Becton Dickinson had 51 analyst reports since August 7, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of BDX in report on Tuesday, February 6 with “Buy” rating. As per Friday, November 3, the company rating was maintained by Morgan Stanley. The rating was maintained by Cowen & Co with “Buy” on Wednesday, September 27. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by Deutsche Bank on Thursday, February 11. The firm has “Outperform” rating given on Tuesday, October 24 by Wells Fargo. The rating was maintained by Deutsche Bank with “Hold” on Monday, August 10. Morgan Stanley maintained the shares of BDX in report on Wednesday, February 7 with “Equal-Weight” rating. The firm earned “Neutral” rating on Tuesday, January 3 by JP Morgan. Jefferies maintained it with “Buy” rating and $23000 target in Tuesday, July 18 report. The firm has “Buy” rating given on Friday, December 29 by Deutsche Bank.

Since September 1, 2017, it had 0 insider purchases, and 3 selling transactions for $1.11 million activity. On Tuesday, September 12 SMILEY BEVERLY LP sold $341,690 worth of Badger Meter, Inc. (NYSE:BMI) or 7,550 shares.

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