First Merchants Increased Stake in Canadian Natl Rr Co (CNI) by $442,800 as Stock Price Declined; Becton Dickinson & Company (BDX) Stake Has Lifted by Peninsula Asset Management Inc

May 24, 2018 - By Jacob Smith

Canadian National Railway Company (NYSE:CNI) Logo

First Merchants Corp increased its stake in Canadian Natl Rr Co (CNI) by 13.98% based on its latest 2017Q4 regulatory filing with the SEC. First Merchants Corp bought 5,400 shares as the company’s stock declined 12.30% with the market. The institutional investor held 44,037 shares of the railroads company at the end of 2017Q4, valued at $3.63 million, up from 38,637 at the end of the previous reported quarter. First Merchants Corp who had been investing in Canadian Natl Rr Co for a number of months, seems to be bullish on the $61.62B market cap company. The stock decreased 0.40% or $0.34 during the last trading session, reaching $83.8. About 354,954 shares traded. Canadian National Railway Company (NYSE:CNI) has declined 1.34% since May 24, 2017 and is downtrending. It has underperformed by 12.89% the S&P500.

Peninsula Asset Management Inc increased its stake in Becton Dickinson & Company (BDX) by 33.7% based on its latest 2017Q4 regulatory filing with the SEC. Peninsula Asset Management Inc bought 6,937 shares as the company’s stock declined 1.94% with the market. The institutional investor held 27,520 shares of the health care company at the end of 2017Q4, valued at $5.89 million, up from 20,583 at the end of the previous reported quarter. Peninsula Asset Management Inc who had been investing in Becton Dickinson & Company for a number of months, seems to be bullish on the $60.31B market cap company. The stock decreased 0.25% or $0.56 during the last trading session, reaching $225.69. About 238,434 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since May 24, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

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. Mark Sheptoff Finance Planning Limited Com holds 27 shares or 0% of its portfolio. Sirios Management L P, Massachusetts-based fund reported 931,169 shares. Cheviot Value Limited Liability Company holds 18,527 shares or 2.05% of its portfolio. California-based Reilly Fincl Ltd Company has invested 0.02% in Becton, Dickinson and Company (NYSE:BDX). Dupont Cap Management has 0.24% invested in Becton, Dickinson and Company (NYSE:BDX) for 49,547 shares. Morgan Stanley invested in 882,559 shares or 0.05% of the stock. Fiduciary Com has invested 0.5% in Becton, Dickinson and Company (NYSE:BDX). The Georgia-based Benedict Fincl has invested 2.17% in Becton, Dickinson and Company (NYSE:BDX). Howland Capital Mngmt Ltd Limited Liability Company has 0.11% invested in Becton, Dickinson and Company (NYSE:BDX). Kistler reported 0.03% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Zwj Counsel Inc reported 0.12% stake. Illinois-based Magnetar Financial Lc has invested 0.12% in Becton, Dickinson and Company (NYSE:BDX). Lodestar Inv Counsel Ltd Llc Il reported 1.41% stake. Park Natl Oh holds 0.12% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 9,906 shares. Schroder Investment Mngmt Group holds 0.01% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 41,456 shares.

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 stock of Becton, Dickinson and Company (NYSE:BDX) has “Sell” rating given on Friday, September 23 by Citigroup. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by UBS on Friday, August 5. As per Thursday, November 2, the company rating was maintained by Stifel Nicolaus. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) rating on Thursday, November 9. Jefferies has “Buy” rating and $255.0 target. Citigroup initiated it with “Neutral” rating and $153 target in Thursday, November 12 report. The firm has “Outperform” rating by Raymond James given on Thursday, January 5. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Equal-Weight” rating given on Monday, January 4 by Morgan Stanley. The firm earned “Buy” rating on Wednesday, September 27 by Cowen & Co. The firm earned “Neutral” rating on Tuesday, January 3 by JP Morgan. On Friday, September 22 the stock rating was maintained by RBC Capital Markets with “Hold”.

Peninsula Asset Management Inc, which manages about $196.40 million and $134.88 million US Long portfolio, decreased its stake in S&P Mid Cap 400 Ishares (IJH) by 3,245 shares to 82,821 shares, valued at $15.72M in 2017Q4, according to the filing.

Another recent and important Becton, Dickinson and Company (NYSE:BDX) news was published by Seekingalpha.com which published an article titled: “Becton, Dickinson: More Than A Short-Term Bounce On The Cards?” on May 10, 2018.

Since February 23, 2018, it had 1 insider purchase, and 6 insider sales for $9.39 million activity. Polen Thomas E Jr sold $426,079 worth of stock or 1,877 shares. Conroy Alexandre sold $4.60M worth of stock or 20,128 shares. Another trade for 500 shares valued at $112,535 was bought by Melcher David F. 176 Becton, Dickinson and Company (NYSE:BDX) shares with value of $38,416 were sold by RING TIMOTHY M. Shares for $2.31 million were sold by Shabshab Nabil on Friday, May 11. The insider Gallagher John E sold $1.21M.

First Merchants Corp, which manages about $586.60 million US Long portfolio, decreased its stake in Procter & Gamble Co Com (NYSE:PG) by 4,236 shares to 70,590 shares, valued at $6.49 million in 2017Q4, according to the filing. It also reduced its holding in General Electric Co Com (NYSE:GE) by 28,878 shares in the quarter, leaving it with 33,281 shares, and cut its stake in Vf Corp Com (NYSE:VFC).

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

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