Cardinal Capital Management Trimmed Becton Dickinson And Co. (BDX) Stake By $922,350; Stepan Co (SCL)’s Sentiment Is 1.35

March 9, 2018 - By John Hoffman

Cardinal Capital Management Inc decreased Becton Dickinson And Co. (BDX) stake by 5.77% reported in 2017Q3 SEC filing. Cardinal Capital Management Inc sold 4,730 shares as Becton Dickinson And Co. (BDX)’s stock rose 1.79%. The Cardinal Capital Management Inc holds 77,207 shares with $15.13 million value, down from 81,937 last quarter. Becton Dickinson And Co. now has $59.49 billion valuation. The stock increased 2.33% or $5.09 during the last trading session, reaching $223.44. About 1.13M shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since March 9, 2017 and is uptrending. It has underperformed by 4.38% the S&P500.

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. The company has market cap of $1.90 billion. It operates in three divisions: Surfactants, Polymers, and Specialty Products. It has a 21.47 P/E ratio. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors, and walls, as well as shampoos and body washes; and other applications, including fabric softeners, germicidal quaternary compounds, and lubricating ingredients, as well as emulsifiers for spreading agricultural products and industrial applications, such as latex systems, plastics, and composites.

Among 20 analysts covering Becton Dickinson (NYSE:BDX), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. Becton Dickinson has $260.0 highest and $146 lowest target. $230.05’s average target is 2.96% above currents $223.44 stock price. Becton Dickinson had 52 analyst reports since August 7, 2015 according to SRatingsIntel. Argus Research maintained the stock with “Buy” rating in Wednesday, August 19 report. The company was maintained on Tuesday, October 24 by Wells Fargo. The firm earned “Buy” rating on Monday, July 10 by Cowen & Co. The stock has “Hold” rating by RBC Capital Markets on Thursday, August 3. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 4. As per Monday, January 4, the company rating was downgraded by Morgan Stanley. On Friday, December 29 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Buy” rating by Cowen & Co given on Wednesday, September 27. On Wednesday, January 6 the stock rating was downgraded by Evercore to “Hold”.

Analysts await Becton, Dickinson and Company (NYSE:BDX) to report earnings on May, 1. They expect $2.60 earnings per share, up 13.04% or $0.30 from last year’s $2.3 per share. BDX’s profit will be $692.23M for 21.48 P/E if the $2.60 EPS becomes a reality. After $2.48 actual earnings per share reported by Becton, Dickinson and Company for the previous quarter, Wall Street now forecasts 4.84% EPS growth.

Since September 11, 2017, it had 0 insider purchases, and 4 selling transactions for $5.32 million activity. 15,512 shares were sold by COHEN GARY M, worth $3.16M. The insider Borzi James W sold $910,726. $38,416 worth of Becton, Dickinson and Company (NYSE:BDX) shares were sold by RING TIMOTHY M. Gallagher John E sold 5,355 shares worth $1.21 million.

Cardinal Capital Management Inc increased Gildan Activewear Inc. (NYSE:GIL) stake by 47,655 shares to 826,610 valued at $25.76M in 2017Q3. It also upped Canadian Natural Resources Ltd. (NYSE:CNQ) stake by 26,209 shares and now owns 1.59M shares. Canadian National Railway Co. (NYSE:CNI) was raised too.

Investors sentiment increased to 1.55 in Q3 2017. Its up 0.62, from 0.93 in 2017Q2. It improved, 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. Lincoln Capital Ltd Liability Company owns 18,874 shares for 2.28% of their portfolio. Palisade Asset Ltd Liability Com has invested 1.85% in Becton, Dickinson and Company (NYSE:BDX). Piedmont Inv Lc invested in 48,238 shares. 1832 Asset Mgmt LP accumulated 0.18% or 262,310 shares. Mitsubishi Ufj reported 0.63% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Spectrum Management Group Inc holds 0.14% or 2,225 shares. Green Square Capital has invested 0.09% in Becton, Dickinson and Company (NYSE:BDX). Synovus Fincl Corp reported 0.02% stake. Northern Trust stated it has 2.91M shares or 0.15% of all its holdings. Moreover, Peninsula Asset Management has 2.96% invested in Becton, Dickinson and Company (NYSE:BDX). B & T Capital Management Dba Alpha Capital Management invested in 1.2% or 12,889 shares. Wetherby Asset Management Inc has 0.19% invested in Becton, Dickinson and Company (NYSE:BDX). The Massachusetts-based Marble Harbor Inv Counsel Limited Liability has invested 0.07% in Becton, Dickinson and Company (NYSE:BDX). Jarislowsky Fraser Ltd holds 1% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 852,155 shares. Davis R M Incorporated holds 1,600 shares.

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $3.20 million activity.

The stock decreased 1.21% or $1.03 during the last trading session, reaching $84.18. About 62,635 shares traded. Stepan Company (SCL) has risen 47.84% since March 9, 2017 and is uptrending. It has outperformed by 31.14% the S&P500.

Grace & White Inc Ny holds 2.21% of its portfolio in Stepan Company for 126,936 shares. Hillcrest Asset Management Llc owns 137,068 shares or 2.08% of their US portfolio. Moreover, Walthausen & Co. Llc has 1.02% invested in the company for 130,545 shares. The Connecticut-based Matarin Capital Management Llc has invested 0.82% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 20,250 shares.