Dnb Asset Management As Has Lifted Eli Lilly & Co (LLY) Holding By $501,500; Argent Capital Management Cut Its Baxter International (BAX) Position

February 23, 2018 - By Nellie Frank

Argent Capital Management Llc decreased Baxter International Inc. (BAX) stake by 5.13% reported in 2017Q3 SEC filing. Argent Capital Management Llc sold 71,464 shares as Baxter International Inc. (BAX)’s stock rose 15.04%. The Argent Capital Management Llc holds 1.32 million shares with $82.99 million value, down from 1.39M last quarter. Baxter International Inc. now has $36.74 billion valuation. The stock increased 0.57% or $0.38 during the last trading session, reaching $67.43. About 4.54 million shares traded or 41.62% up from the average. Baxter International Inc. (NYSE:BAX) has risen 32.55% since February 23, 2017 and is uptrending. It has outperformed by 15.85% the S&P500.

Dnb Asset Management As increased Eli Lilly & Co (LLY) stake by 1.99% reported in 2017Q3 SEC filing. Dnb Asset Management As acquired 5,900 shares as Eli Lilly & Co (LLY)’s stock declined 3.22%. The Dnb Asset Management As holds 301,850 shares with $25.82 million value, up from 295,950 last quarter. Eli Lilly & Co now has $81.05B valuation. The stock decreased 0.46% or $0.36 during the last trading session, reaching $77.19. About 7.69M shares traded or 71.27% up from the average. Eli Lilly and Company (NYSE:LLY) has risen 4.70% since February 23, 2017 and is uptrending. It has underperformed by 12.00% the S&P500.




Since August 24, 2017, it had 0 buys, and 1 insider sale for $555,538 activity. STALLKAMP THOMAS T had sold 8,920 shares worth $555,538 on Tuesday, September 5. The insider Shapazian Carole J sold $247,672. The insider FORSYTH JOHN D sold $583,014.

Among 20 analysts covering Baxter International (NYSE:BAX), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. Baxter International had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating by Citigroup given on Thursday, August 17. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, April 27. The stock has “Neutral” rating by Credit Suisse on Monday, August 10. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, October 26. As per Tuesday, July 11, the company rating was upgraded by BMO Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, February 3. The stock has “Overweight” rating by Piper Jaffray on Thursday, April 14. Barclays Capital maintained the stock with “Overweight” rating in Friday, February 2 report. The firm has “Buy” rating given on Wednesday, October 11 by BMO Capital Markets. The stock of Baxter International Inc. (NYSE:BAX) earned “Buy” rating by Deutsche Bank on Tuesday, February 20.

Analysts await Baxter International Inc. (NYSE:BAX) to report earnings on April, 25. They expect $0.62 EPS, up 6.90% or $0.04 from last year’s $0.58 per share. BAX’s profit will be $337.80M for 27.19 P/E if the $0.62 EPS becomes a reality. After $0.64 actual EPS reported by Baxter International Inc. for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.05, from 0.92 in 2017Q2. It improved, as 38 investors sold BAX shares while 300 reduced holdings. 76 funds opened positions while 253 raised stakes. 439.80 million shares or 0.96% less from 444.08 million shares in 2017Q2 were reported. Northpointe Cap Ltd Limited Liability Company reported 0.48% stake. Moreover, First City Capital Inc has 0.18% invested in Baxter International Inc. (NYSE:BAX). Moreover, Jacobus Wealth Mngmt has 0.03% invested in Baxter International Inc. (NYSE:BAX) for 1,799 shares. Smith Asset Mngmt LP reported 2.11% in Baxter International Inc. (NYSE:BAX). Buckingham Capital Mngmt reported 7,520 shares. Meyer Handelman has 345,173 shares for 0.99% of their portfolio. Cibc Mkts Incorporated accumulated 31,033 shares. Penobscot Investment Inc has 4,130 shares for 0.08% of their portfolio. The Maryland-based Court Place Advsr Ltd Liability Corp has invested 0.59% in Baxter International Inc. (NYSE:BAX). Ohio-based Mai has invested 0.04% in Baxter International Inc. (NYSE:BAX). Andra Ap stated it has 0.4% in Baxter International Inc. (NYSE:BAX). Freestone Cap Limited Liability Company invested 0.02% in Baxter International Inc. (NYSE:BAX). Ccm Inv Advisers Llc invested in 145,400 shares. Assetmark, California-based fund reported 6,535 shares. Hall Laurie J Trustee holds 0.24% of its portfolio in Baxter International Inc. (NYSE:BAX) for 6,100 shares.

Argent Capital Management Llc increased Hyster (NYSE:HY) stake by 11,770 shares to 45,350 valued at $3.47M in 2017Q3. It also upped Metlife Inc. (NYSE:MET) stake by 38,013 shares and now owns 280,620 shares. Cognizant Technology Solutions (NASDAQ:CTSH) was raised too.

Among 20 analysts covering Eli Lilly and Company (NYSE:LLY), 11 have Buy rating, 2 Sell and 7 Hold. Therefore 55% are positive. Eli Lilly and Company had 95 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Friday, October 27 by SunTrust. As per Thursday, June 22, the company rating was maintained by Jefferies. As per Friday, September 15, the company rating was maintained by Jefferies. Jefferies maintained the shares of LLY in report on Friday, September 18 with “Buy” rating. Cowen & Co maintained the stock with “Outperform” rating in Saturday, August 22 report. BMO Capital Markets maintained it with “Sell” rating and $73.0 target in Wednesday, August 16 report. The stock of Eli Lilly and Company (NYSE:LLY) earned “Buy” rating by Jefferies on Thursday, July 14. The rating was maintained by Deutsche Bank on Monday, July 17 with “Buy”. On Monday, January 22 the stock rating was downgraded by Credit Suisse to “Underperform”. BMO Capital Markets maintained the stock with “Sell” rating in Monday, November 13 report.

Dnb Asset Management As decreased Goldman Sachs Group Inc/The (NYSE:GS) stake by 1,300 shares to 37,293 valued at $8.85M in 2017Q3. It also reduced Kraft Heinz Co stake by 6,900 shares and now owns 79,960 shares. Anadarko Petroleum Corp (NYSE:APC) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts