Market News

Kanawha Capital Management Maintains Holding in Becton Dickinson (BDX); Clean Yield Group Position in Sanofi Sponsored Adr (SNY) Lifted by $885,990

Sanofi (NYSE:SNY) Logo

Kanawha Capital Management Llc increased its stake in Becton Dickinson (BDX) by 23.67% based on its latest 2017Q4 regulatory filing with the SEC. Kanawha Capital Management Llc bought 14,801 shares as the company’s stock declined 1.94% with the market. The institutional investor held 77,335 shares of the health care company at the end of 2017Q4, valued at $16.55M, up from 62,534 at the end of the previous reported quarter. Kanawha Capital Management Llc who had been investing in Becton Dickinson for a number of months, seems to be bullish on the $59.99 billion market cap company. The stock decreased 0.16% or $0.35 during the last trading session, reaching $224.52. About 111,069 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since May 17, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

Clean Yield Group increased its stake in Sanofi Sponsored Adr (SNY) by 52.4% based on its latest 2017Q4 regulatory filing with the SEC. Clean Yield Group bought 21,095 shares as the company’s stock declined 8.41% with the market. The institutional investor held 61,352 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $2.64M, up from 40,257 at the end of the previous reported quarter. Clean Yield Group who had been investing in Sanofi Sponsored Adr for a number of months, seems to be bullish on the $95.70B market cap company. The stock increased 0.80% or $0.308 during the last trading session, reaching $38.808. About 152,096 shares traded. Sanofi (NYSE:SNY) has declined 13.31% since May 17, 2017 and is downtrending. It has underperformed by 24.86% the S&P500.

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Sanofi-aventis Sa had 25 analyst reports since October 15, 2015 according to SRatingsIntel. As per Thursday, September 8, the company rating was upgraded by Berenberg. The rating was upgraded by JP Morgan on Wednesday, April 12 to “Neutral”. Barclays Capital upgraded the stock to “Overweight” rating in Thursday, May 12 report. The firm has “Hold” rating by Cowen & Co given on Friday, October 13. The company was maintained on Friday, March 31 by JP Morgan. HSBC downgraded the stock to “Reduce” rating in Friday, April 7 report. The stock has “Neutral” rating by Goldman Sachs on Monday, November 7. The rating was downgraded by Berenberg on Thursday, May 11 to “Hold”. The firm earned “Neutral” rating on Friday, September 23 by Piper Jaffray. On Monday, December 18 the stock rating was maintained by Cowen & Co with “Hold”.

More notable recent Sanofi (NYSE:SNY) news were published by: Seekingalpha.com which released: “Sanofi’s (SNY) CEO Olivier Brandicourt on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018, also Streetinsider.com with their article: “Sangamo Therapeutics (SGMO) & Sanofi (SNY) Company, Bioverativ Inc., Report FDA Acceptance of IND Application …” published on May 16, 2018, Fool.com published: “Is Alnylam Pharmaceuticals, Inc. (ALNY) a Buy?” on May 17, 2018. More interesting news about Sanofi (NYSE:SNY) were released by: Streetinsider.com and their article: “Sanofi (SNY) & Regeneron (REGN) Report Dupixent (dupilumab) Showed Positive Phase 3 Results in Adolescents …” published on May 16, 2018 as well as Nasdaq.com‘s news article titled: “Sanofi and Ablynx Announce the Successful Results of the Initial Tender Offer Period for Ablynx and Commencement …” with publication date: May 14, 2018.

Clean Yield Group, which manages about $246.53 million and $252.61M US Long portfolio, decreased its stake in Cvs Health Corp Com (NYSE:CVS) by 11,885 shares to 34,524 shares, valued at $2.50 million in 2017Q4, according to the filing. It also reduced its holding in Automatic Data Processing Inc Com (NASDAQ:ADP) by 3,610 shares in the quarter, leaving it with 50,440 shares, and cut its stake in Cree Inc Com (NASDAQ:CREE).

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. Citigroup maintained the stock with “Neutral” rating in Thursday, February 4 report. The firm earned “Outperform” rating on Tuesday, October 24 by Wells Fargo. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by Jefferies on Tuesday, February 6. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 3 report. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Sector Perform” rating given on Thursday, February 4 by RBC Capital Markets. Cowen & Co maintained it with “Buy” rating and $230.0 target in Wednesday, September 27 report. As per Friday, January 5, the company rating was upgraded by Citigroup. The firm has “Buy” rating given on Tuesday, August 22 by Jefferies. The firm has “Buy” rating given on Tuesday, April 10 by Citigroup.

Kanawha Capital Management Llc, which manages about $739.11M and $683.40 million US Long portfolio, decreased its stake in General Electric (NYSE:GE) by 84,108 shares to 313,780 shares, valued at $5.48 million in 2017Q4, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 4,863 shares in the quarter, leaving it with 61,895 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Investors sentiment increased to 1.55 in 2017 Q4. 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. Moors And Cabot holds 0.24% or 8,452 shares in its portfolio. Moreover, West Oak Capital Limited Liability has 0.32% invested in Becton, Dickinson and Company (NYSE:BDX) for 2,461 shares. First Finance In holds 50 shares. Baystate Wealth Ltd Llc has invested 0.01% in Becton, Dickinson and Company (NYSE:BDX). Scholtz & Ltd Liability Corporation reported 0.15% stake. Qci Asset holds 695 shares or 0.02% of its portfolio. Legacy Private Tru has invested 0.04% in Becton, Dickinson and Company (NYSE:BDX). Kcm Investment Advisors Limited Liability Company holds 0.19% or 15,090 shares. Tci Wealth Advsrs has invested 0.12% in Becton, Dickinson and Company (NYSE:BDX). 2,494 are owned by Pettyjohn Wood White. Amer Assets Invest Management Ltd Liability Corp, a California-based fund reported 5,000 shares. Ycg Limited Company has 7,008 shares. Martingale Asset Mgmt LP reported 0.62% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Campbell Adviser Limited Liability invested in 0.38% or 2,400 shares. Oak Assocs Limited Oh has 0.1% invested in Becton, Dickinson and Company (NYSE:BDX).

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

Leave a Reply

Your email address will not be published. Required fields are marked *