Land & Buildings Investment Management Holding in Taubman Ctrs (TCO) Has Lifted by $6.52 Million; Martingale Asset Management LP Trimmed Becton Dickinson & Co (BDX) Position by $4.20 Million; Market Valuation Rose

February 17, 2018 - By Nellie Frank

Martingale Asset Management LP decreased its stake in Becton Dickinson & Co (BDX) by 9.56% based on its latest 2017Q3 regulatory filing with the SEC. Martingale Asset Management LP sold 21,536 shares as the company’s stock rose 1.79% with the market. The institutional investor held 203,705 shares of the health care company at the end of 2017Q3, valued at $39.92 million, down from 225,241 at the end of the previous reported quarter. Martingale Asset Management LP who had been investing in Becton Dickinson & Co for a number of months, seems to be less bullish one the $59.34 billion market cap company. The stock increased 0.16% or $0.36 during the last trading session, reaching $222.87. About 981,599 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since February 17, 2017 and is uptrending. It has underperformed by 4.38% the S&P500.

Land & Buildings Investment Management Llc increased its stake in Taubman Ctrs Inc (TCO) by 14.46% based on its latest 2017Q3 regulatory filing with the SEC. Land & Buildings Investment Management Llc bought 133,100 shares as the company’s stock declined 11.85% while stock markets rallied. The hedge fund held 1.05M shares of the consumer services company at the end of 2017Q3, valued at $52.36M, up from 920,447 at the end of the previous reported quarter. Land & Buildings Investment Management Llc who had been investing in Taubman Ctrs Inc for a number of months, seems to be bullish on the $5.20B market cap company. The stock increased 1.25% or $0.75 during the last trading session, reaching $60.74. About 617,212 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 13.21% since February 17, 2017 and is downtrending. It has underperformed by 29.91% the S&P500.




Since August 14, 2017, it had 0 insider purchases, and 5 sales for $10.19 million activity. $1.50 million worth of Becton, Dickinson and Company (NYSE:BDX) shares were sold by Mas Ribo Alberto. On Monday, September 11 the insider COHEN GARY M sold $3.16 million. Shares for $2.36 million were sold by Sichak Stephen. Shabshab Nabil had sold 6,149 shares worth $1.24M on Monday, August 14. Tharby Linda M had sold 4,695 shares worth $941,254.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.25, from 1.18 in 2017Q2. It dropped, 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. Amica Mutual accumulated 0.03% or 1,571 shares. Ny State Common Retirement Fund reported 0.24% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Mackenzie Financial reported 726,815 shares. Baldwin Brothers Incorporated Ma reported 591 shares. Artisan Prtn Limited Partnership reported 0.52% in Becton, Dickinson and Company (NYSE:BDX). Apg Asset Management Nv holds 196,890 shares or 0.06% of its portfolio. Old Mutual Customised Solutions (Proprietary) Limited owns 7,902 shares. Hillsdale Inv Management Inc invested in 0% or 15 shares. Hm Payson And has 0.62% invested in Becton, Dickinson and Company (NYSE:BDX). Bath Savings Tru invested 0.1% in Becton, Dickinson and Company (NYSE:BDX). Bailard Inc holds 0.03% in Becton, Dickinson and Company (NYSE:BDX) or 1,700 shares. Quadrant Capital Mngmt Limited Liability Company has invested 2.81% in Becton, Dickinson and Company (NYSE:BDX). Hightower Advsr Limited Liability invested in 0.09% or 53,935 shares. One Cap Ltd Co has 0.06% invested in Becton, Dickinson and Company (NYSE:BDX) for 1,500 shares. The New York-based Wellington Shields Cap Mngmt Ltd Limited Liability Company has invested 0.59% in Becton, Dickinson and Company (NYSE:BDX).

Martingale Asset Management L P, which manages about $2.91 billion and $7.45 billion US Long portfolio, upped its stake in Robert Half Int’l Inc (NYSE:RHI) by 82,333 shares to 94,617 shares, valued at $4.76 million in 2017Q3, according to the filing. It also increased its holding in Jp Morgan Chase & Co (NYSE:JPM) by 18,019 shares in the quarter, for a total of 28,168 shares, and has risen its stake in Stryker Corp (NYSE:SYK).

Among 19 analysts covering Becton Dickinson (NYSE:BDX), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Becton Dickinson had 51 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, February 8 by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Thursday, February 11. Cowen & Co maintained Becton, Dickinson and Company (NYSE:BDX) on Monday, July 10 with “Buy” rating. Citigroup maintained Becton, Dickinson and Company (NYSE:BDX) rating on Thursday, February 4. Citigroup has “Neutral” rating and $146 target. The rating was maintained by Morgan Stanley on Wednesday, February 7 with “Equal-Weight”. The rating was maintained by Deutsche Bank with “Buy” on Friday, December 29. The firm has “Buy” rating given on Friday, June 9 by Jefferies. The rating was maintained by Cowen & Co with “Buy” on Monday, August 14. The company was downgraded on Friday, September 23 by Citigroup. Wells Fargo initiated it with “Buy” rating and $225.0 target in Friday, September 22 report.

Investors sentiment is 1.22 in Q3 2017. Its the same as in 2017Q2. It is the same, as 25 investors sold TCO shares while 61 reduced holdings. only 31 funds opened positions while 74 raised stakes. 56.53 million shares or 2.90% less from 58.22 million shares in 2017Q2 were reported. Macquarie Gru Limited stated it has 0% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Credit Agricole S A holds 0% or 27,828 shares in its portfolio. California State Teachers Retirement holds 0.01% or 96,920 shares. Employees Retirement Sys Of Texas owns 43,750 shares. Kennedy Management has 0.09% invested in Taubman Centers, Inc. (NYSE:TCO). Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.01% in Taubman Centers, Inc. (NYSE:TCO). 7,125 were accumulated by Oppenheimer Asset Mgmt Inc. Quantbot Tech Limited Partnership has invested 0% in Taubman Centers, Inc. (NYSE:TCO). Louisiana State Employees Retirement invested 0.04% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Tower Research Cap Limited Liability Corp (Trc) stated it has 251 shares or 0% of all its holdings. Kempen Nv reported 0.18% stake. Security Capital Management holds 1.25% of its portfolio in Taubman Centers, Inc. (NYSE:TCO) for 800,691 shares. Royal Fincl Bank Of Canada invested in 13,711 shares or 0% of the stock. Gofen And Glossberg Limited Com Il has 0.01% invested in Taubman Centers, Inc. (NYSE:TCO) for 4,500 shares. Nationwide Fund Advsr reported 192,919 shares stake.

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.