$2.44 EPS Expected for Becton Dickinson and Co (BDX); First Allied Advisory Services Has Trimmed Packaging Amer (PKG) Position

July 17, 2017 - By Kurt Siggers

First Allied Advisory Services Inc decreased Packaging Corp Amer (PKG) stake by 39.22% reported in 2016Q4 SEC filing. First Allied Advisory Services Inc sold 6,691 shares as Packaging Corp Amer (PKG)’s stock rose 4.29%. The First Allied Advisory Services Inc holds 10,367 shares with $879,000 value, down from 17,058 last quarter. Packaging Corp Amer now has $10.57 billion valuation. The stock declined 0.65% or $0.74 reaching $112.37 per share. About 323,301 shares traded. Packaging Corp Of America (NYSE:PKG) has risen 54.92% since July 17, 2016 and is uptrending. It has outperformed by 38.22% the S&P500.

Analysts expect Becton Dickinson and Co (NYSE:BDX) to report $2.44 EPS on August, 3 before the open.They anticipate $0.09 EPS change or 3.83% from last quarter’s $2.35 EPS. BDX’s profit would be $559.25 million giving it 20.44 P/E if the $2.44 EPS is correct. After having $2.30 EPS previously, Becton Dickinson and Co’s analysts see 6.09% EPS growth. About 492,605 shares traded. Becton Dickinson and Co (NYSE:BDX) has risen 12.32% since July 17, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

First Allied Advisory Services Inc increased Powershares Act Mang Comm Fd stake by 79,366 shares to 93,001 valued at $1.61 million in 2016Q4. It also upped Ishares Tr (IVE) stake by 22,250 shares and now owns 82,609 shares. Ishares Tr (IYJ) was raised too.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.05, from 1.05 in 2016Q3. It improved, as 30 investors sold PKG shares while 155 reduced holdings. 63 funds opened positions while 140 raised stakes. 80.00 million shares or 0.29% less from 80.23 million shares in 2016Q3 were reported. Arizona State Retirement Systems holds 0.05% or 43,845 shares in its portfolio. Envestnet Asset Mgmt invested in 0.02% or 59,092 shares. Santa Barbara Asset Mgmt Lc has 1.41M shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.05% or 12,000 shares. Raymond James & Assocs reported 0.02% of its portfolio in Packaging Corp Of America (NYSE:PKG). The Georgia-based Southeast Asset Advsr has invested 0.11% in Packaging Corp Of America (NYSE:PKG). State Treasurer State Of Michigan, Michigan-based fund reported 37,600 shares. Guyasuta Invest Advsr stated it has 2.21% in Packaging Corp Of America (NYSE:PKG). Airain reported 3,539 shares stake. 414,342 were accumulated by Pictet Asset Management Limited. Fmr Lc invested in 0.01% or 1.27 million shares. 2,262 are owned by Assetmark. Los Angeles Management & Equity Research reported 26,918 shares. Palisade Cap Mngmt Limited Liability Nj invested in 0.54% or 170,393 shares. Td Capital Limited stated it has 0% of its portfolio in Packaging Corp Of America (NYSE:PKG).

Analysts await Packaging Corp Of America (NYSE:PKG) to report earnings on July, 26 after the close. They expect $1.47 EPS, up 17.60% or $0.22 from last year’s $1.25 per share. PKG’s profit will be $138.27 million for 19.11 P/E if the $1.47 EPS becomes a reality. After $1.27 actual EPS reported by Packaging Corp Of America for the previous quarter, Wall Street now forecasts 15.75% EPS growth.

Among 14 analysts covering Packaging Corporation of America (NYSE:PKG), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Packaging Corporation of America had 38 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, July 13 by Goldman Sachs. The rating was upgraded by BMO Capital Markets on Thursday, July 23 to “Outperform”. Barclays Capital upgraded Packaging Corp Of America (NYSE:PKG) on Friday, January 8 to “Overweight” rating. As per Tuesday, November 22, the company rating was downgraded by Deutsche Bank. The firm earned “Market Perform” rating on Monday, July 10 by Wells Fargo. On Friday, June 2 the stock rating was maintained by BMO Capital Markets with “Buy”. Goldman Sachs initiated the stock with “Sell” rating in Thursday, September 22 report. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, June 28 report. The firm earned “Neutral” rating on Wednesday, August 31 by Citigroup. The firm has “Buy” rating given on Monday, April 25 by Argus Research.

Becton, Dickinson and Company is a global medical technology firm engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products. The company has market cap of $45.73 billion. The Firm operates through two divisions: BD Medical and BD Life Sciences. It has a 33.05 P/E ratio. The BD Medical segment produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings.

Among 13 analysts covering Becton Dickinson (NYSE:BDX), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Becton Dickinson had 23 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank upgraded the stock to “Buy” rating in Thursday, February 11 report. The firm earned “Strong Buy” rating on Friday, June 30 by Raymond James. The stock of Becton Dickinson and Co (NYSE:BDX) has “Hold” rating given on Monday, July 10 by RBC Capital Markets. The firm has “Neutral” rating by JP Morgan given on Tuesday, January 3. The rating was initiated by Citigroup with “Neutral” on Thursday, November 12. The firm has “Hold” rating by Evercore given on Wednesday, January 6. The stock of Becton Dickinson and Co (NYSE:BDX) has “Sector Perform” rating given on Friday, August 7 by RBC Capital Markets. UBS maintained the shares of BDX in report on Friday, August 5 with “Buy” rating. The stock of Becton Dickinson and Co (NYSE:BDX) earned “Buy” rating by Cowen & Co on Monday, July 10. The stock of Becton Dickinson and Co (NYSE:BDX) earned “Buy” rating by Jefferies on Thursday, March 30.

Investors sentiment increased to 0.92 in 2016 Q4. Its up 0.02, from 0.9 in 2016Q3. It improved, as 52 investors sold Becton Dickinson and Co shares while 352 reduced holdings. 99 funds opened positions while 273 raised stakes. 169.86 million shares or 0.23% less from 170.25 million shares in 2016Q3 were reported. Evergreen Capital Ltd Liability Corporation invested in 20,001 shares or 0.64% of the stock. Nomura Asset Management Limited reported 0.19% of its portfolio in Becton Dickinson and Co (NYSE:BDX). First Personal Fincl stated it has 986 shares or 0.04% of all its holdings. Tower Limited Liability Com (Trc) holds 0.09% or 5,010 shares in its portfolio. 49,195 are held by Advisors Asset Mngmt. The New York-based Salzhauer Michael has invested 0.11% in Becton Dickinson and Co (NYSE:BDX). Reliance Tru Of Delaware owns 3,173 shares for 0.08% of their portfolio. Glg Ltd owns 11,921 shares for 0.14% of their portfolio. Moreover, Liberty Mutual Grp Asset Mgmt has 0.09% invested in Becton Dickinson and Co (NYSE:BDX). Sandy Spring Comml Bank holds 0.09% of its portfolio in Becton Dickinson and Co (NYSE:BDX) for 5,134 shares. Riverhead Cap Ltd Liability Company holds 25,079 shares. Mackenzie Fincl reported 1.04% of its portfolio in Becton Dickinson and Co (NYSE:BDX). Da Davidson owns 0.19% invested in Becton Dickinson and Co (NYSE:BDX) for 51,746 shares. Cacti Asset Management Limited Liability Corporation owns 207,588 shares or 3.24% of their US portfolio. Dorsey And Whitney Trust Ltd Limited Liability Company owns 1,650 shares or 0.06% of their US portfolio.

Since February 14, 2017, it had 0 insider buys, and 3 selling transactions for $12.53 million activity. 8,500 shares valued at $1.51M were sold by Conroy Alexandre on Tuesday, February 14. $5.66M worth of Becton Dickinson and Co (NYSE:BDX) was sold by SHERMAN JEFFREY S.

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