Market News

Scopia Capital Management LP Maintains Holding in Baidu (BIDU); Becton Dickinson (BDX) Share Value Declined While D L Carlson Investment Group Has Cut Position by $617,760

Baidu, Inc. (NASDAQ:BIDU) Logo

D L Carlson Investment Group Inc decreased its stake in Becton Dickinson (BDX) by 11.71% based on its latest 2018Q1 regulatory filing with the SEC. D L Carlson Investment Group Inc sold 2,860 shares as the company’s stock declined 0.58% with the market. The institutional investor held 21,559 shares of the health care company at the end of 2018Q1, valued at $4.67M, down from 24,419 at the end of the previous reported quarter. D L Carlson Investment Group Inc who had been investing in Becton Dickinson for a number of months, seems to be less bullish one the $62.03B market cap company. The stock decreased 0.28% or $0.66 during the last trading session, reaching $232.16. About 1.54 million shares traded or 33.08% up from the average. Becton, Dickinson and Company (NYSE:BDX) has risen 19.79% since June 17, 2017 and is uptrending. It has outperformed by 7.22% the S&P500. Some Historical BDX News: 21/04/2018 – DJ Becton Dickinson and Company, Inst Holders, 1Q 2018 (BDX); 23/04/2018 – BD Board Declares Dividends; 22/03/2018 – FDA: Becton Dickinson & Company- BD Vacutainer® Lithium Heparin Green Top Tube; Catalog Numbers: 1. 366664 (UDI: 5038290366664; 03/05/2018 – Becton Dickinson Raises FY18 View To Adj EPS $10.90-Adj EPS $11.05; 14/05/2018 – CI Investments Adds Becton Dickinson, Cuts Oracle: 13F; 15/05/2018 – POINT72 HONG KONG REDUCED BZUN, HTHT, GLW, BDX, D IN 1Q: 13F; 23/03/2018 – FDA: Becton Dickinson (BD) and Company Recalls Vacutainer® EDTA Blood Collection Tubes Due to Chemical Interference with; 19/03/2018 – BECTON DICKINSON AND CO – EXPECTS TO RECORD A GAIN ON TRANSACTION AT TIME OF CLOSING; 22/03/2018 – BD Updates Instructions for Use for Certain BD Vacutainer(R) Blood Collection Tubes; 03/05/2018 – Becton Dickinson 2Q Loss/Shr 19c

Matt Sirovich increased its stake in Baidu Inc (BIDU) by 23.61% based on its latest 2018Q1 regulatory filing with the SEC. Scopia Capital Management Lp bought 167,844 shares as the company’s stock declined 4.86% with the market. The hedge fund run by Matt Sirovich held 878,740 shares of the technology company at the end of 2018Q1, valued at $196.13 million, up from 710,896 at the end of the previous reported quarter. Scopia Capital Management Lp who had been investing in Baidu Inc for a number of months, seems to be bullish on the $95.19B market cap company. The stock increased 0.86% or $2.33 during the last trading session, reaching $272.97. About 3.77 million shares traded or 2.56% up from the average. Baidu, Inc. (NASDAQ:BIDU) has risen 27.01% since June 17, 2017 and is uptrending. It has outperformed by 14.44% the S&P500. Some Historical BIDU News: 26/04/2018 – BAIDU INC – PLANNING TO DISPOSE OF A MAJORITY EQUITY STAKE IN BAIDU’S FINANCIAL SERVICE BUSINESS; 19/04/2018 – BAIDU UNVEILS APOLLO 2.5, NEWEST UPGRADE TO ITS AUTONOMOUS DRIVING OPEN PLATFORM; 18/04/2018 – Brightwire: Alibaba, Baidu,; 18/03/2018 – RPT-Baidu video streaming unit iQiyi launches $2.4 bln U.S. IPO; 26/04/2018 – Baidu’s quarterly revenue rises 24 percent; 29/04/2018 – Baidu: Guang Zhu, Baidu Senior Vice Pres and General Manager of FSG, Will Become CEO of Du Xiaoman; 16/03/2018 – SKYWORTHDIGITAL SAYS INVESTOR IS A SUBSIDIARY OF BAIDU; 26/04/2018 – BAIDU INC QTRLY NET INCOME ATTRIBUTABLE TO BAIDU WAS RMB 6.7 BLN ($1.1 BLN) AND DILUTED EARNINGS ATTRIBUTABLE TO BAIDU PER ADS WAS RMB 19 ($2.98); 17/04/2018 – Alibaba, Baidu, JD.com to list in China as early as June, sources say; 29/04/2018 – Baidu Will Divest a Majority Equity Stake in FSG, Which Has Been Renamed as Du Xiaoman Fincl

Among 27 analysts covering Baidu (NASDAQ:BIDU), 13 have Buy rating, 2 Sell and 12 Hold. Therefore 48% are positive. Baidu had 71 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, June 19 the stock rating was maintained by Jefferies with “Buy”. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, July 28. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Outperform” rating given on Wednesday, July 20 by Credit Suisse. Jefferies downgraded Baidu, Inc. (NASDAQ:BIDU) on Tuesday, January 23 to “Hold” rating. Oppenheimer maintained Baidu, Inc. (NASDAQ:BIDU) rating on Tuesday, October 31. Oppenheimer has “Outperform” rating and $295 target. The firm earned “Buy” rating on Monday, September 18 by Bank of America. The rating was downgraded by Macquarie Research on Monday, October 31 to “Neutral”. As per Monday, April 9, the company rating was upgraded by Daiwa Securities. Stifel Nicolaus upgraded it to “Buy” rating and $220 target in Tuesday, January 10 report. As per Friday, October 20, the company rating was maintained by Jefferies.

Scopia Capital Management Lp, which manages about $7.11B and $5.00 billion US Long portfolio, decreased its stake in Gw Pharmaceuticals Plc (NASDAQ:GWPH) by 739,867 shares to 2.72 million shares, valued at $305.92M in 2018Q1, according to the filing. It also reduced its holding in Horizon Pharma Plc (NASDAQ:HZNP) by 1.21 million shares in the quarter, leaving it with 15.16 million shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Fool.com which released: “Folks Are Hating Baidu Stock at the Worst Possible Time” on June 06, 2018, also Globenewswire.com with their article: “Baidu App Reaches 150 Million DAUs after Launching Ads-Free Search” published on June 05, 2018, Investorplace.com published: “I’ve Made a Double-Digit Return From Baidu Stock — What’s Stopping You?” on June 08, 2018. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Fool.com and their article: “Baidu’s AI Brain Drain Continues” published on May 23, 2018 as well as Finance.Yahoo.com‘s news article titled: “The Truth Behind iQIYI, Inc’s Multibagger Potential” with publication date: June 12, 2018.

D L Carlson Investment Group Inc, which manages about $483.88 million and $317.69 million US Long portfolio, upped its stake in Bristol Myers (NYSE:BMY) by 28,193 shares to 87,232 shares, valued at $5.52 million in 2018Q1, according to the filing. It also increased its holding in Exelon Corp. (NYSE:EXC) by 37,547 shares in the quarter, for a total of 102,353 shares, and has risen its stake in Seagate Technology (NASDAQ:STX).

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 20.44 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.

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.50, from 1.55 in 2017Q4. It dropped, as 69 investors sold BDX shares while 375 reduced holdings. 114 funds opened positions while 350 raised stakes. 219.77 million shares or 1.86% more from 215.77 million shares in 2017Q4 were reported. Cambridge Investment Research holds 0.05% in Becton, Dickinson and Company (NYSE:BDX) or 22,188 shares. Northstar Gru has 3,214 shares. Penbrook Management Ltd stated it has 3,978 shares. 53,651 are held by Seaward Mngmt Ltd Partnership. Novare Capital Mgmt Llc has 34,667 shares. Haverford Tru holds 352,110 shares. Gofen Glossberg Lc Il accumulated 35,794 shares or 0.29% of the stock. Moreover, Ontario Teachers Pension Plan Board has 0.21% invested in Becton, Dickinson and Company (NYSE:BDX). Reilly Financial Advsrs Limited Liability Com holds 689 shares. Veritable Ltd Partnership has invested 0.07% in Becton, Dickinson and Company (NYSE:BDX). Gemmer Asset Mgmt Ltd Llc invested 0.01% in Becton, Dickinson and Company (NYSE:BDX). Lodestar Counsel Limited Liability Il reported 1.41% stake. Cetera Advisor Netwr Ltd Liability Corporation reported 4,164 shares. Regentatlantic Cap Ltd Liability holds 4,728 shares. 82,396 were reported by Amer International.

Since February 23, 2018, it had 1 buying transaction, and 6 insider sales for $9.39 million activity. Another trade for 500 shares valued at $112,535 was bought by Melcher David F. Another trade for 10,209 shares valued at $2.31M was made by Shabshab Nabil on Friday, May 11. Borzi James W also sold $910,726 worth of Becton, Dickinson and Company (NYSE:BDX) on Monday, February 26. RING TIMOTHY M had sold 176 shares worth $38,416 on Friday, February 23. The insider Conroy Alexandre sold 20,128 shares worth $4.60 million. Another trade for 1,877 shares valued at $426,079 was sold by Polen Thomas E Jr.

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 firm has “Sell” rating by Citigroup given on Friday, September 23. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, November 2. As per Thursday, August 3, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating given on Thursday, February 4 by Citigroup. The company was maintained on Thursday, November 9 by Jefferies. Raymond James upgraded the stock to “Strong Buy” rating in Friday, June 30 report. The firm earned “Buy” rating on Thursday, August 3 by Stifel Nicolaus. The company was maintained on Wednesday, August 19 by Argus Research. RBC Capital Markets maintained it with “Hold” rating and $210.0 target in Friday, September 22 report. The firm has “Buy” rating by Cowen & Co given on Monday, August 14.

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

Ash

Leave a Reply

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