Wetherby Asset Management Has Increased Becton Dickinson & Co (BDX) Position; Brown & Brown (BRO)’s Sentiment Is 0.98

April 22, 2018 - By Marie Mckinney

Brown & Brown, Inc. (NYSE:BRO) Logo

Brown & Brown Inc (BRO) investors sentiment decreased to 0.98 in Q4 2017. It’s down -0.18, from 1.16 in 2017Q3. The ratio fall, as 107 investment managers opened new and increased holdings, while 109 decreased and sold stock positions in Brown & Brown Inc. The investment managers in our database now hold: 97.17 million shares, down from 99.49 million shares in 2017Q3. Also, the number of investment managers holding Brown & Brown Inc in top ten holdings was flat from 4 to 4 for the same number . Sold All: 18 Reduced: 91 Increased: 69 New Position: 38.

Wetherby Asset Management Inc increased Becton Dickinson & Co (BDX) stake by 28.06% reported in 2017Q4 SEC filing. Wetherby Asset Management Inc acquired 1,848 shares as Becton Dickinson & Co (BDX)’s stock declined 1.94%. The Wetherby Asset Management Inc holds 8,433 shares with $1.81 million value, up from 6,585 last quarter. Becton Dickinson & Co now has $62.00B valuation. The stock decreased 1.00% or $2.36 during the last trading session, reaching $232.88. About 1.00M shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since April 22, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

Wetherby Asset Management Inc decreased Vanguard Intl Equity Index F (VEU) stake by 14,525 shares to 291,644 valued at $15.96M in 2017Q4. It also reduced Altaba Inc stake by 5,631 shares and now owns 5,151 shares. General Electric Co (NYSE:GE) was reduced too.

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 rating was maintained by Deutsche Bank on Monday, August 10 with “Hold”. As per Thursday, August 3, the company rating was maintained by RBC Capital Markets. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) rating on Tuesday, August 22. Jefferies has “Buy” rating and $230.0 target. The firm earned “Hold” rating on Friday, September 22 by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $200 target in Thursday, March 30 report. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Neutral” rating by Citigroup on Thursday, February 4. RBC Capital Markets maintained Becton, Dickinson and Company (NYSE:BDX) rating on Friday, August 7. RBC Capital Markets has “Sector Perform” rating and $162 target. The firm earned “Outperform” rating on Thursday, January 5 by Raymond James. The rating was maintained by Piper Jaffray on Tuesday, July 18 with “Buy”. The stock of Becton, Dickinson and Company (NYSE:BDX) earned “Buy” rating by Jefferies on Friday, June 9.

Since February 23, 2018, it had 0 buys, and 4 insider sales for $2.59 million activity. 5,355 shares were sold by Gallagher John E, worth $1.21 million on Tuesday, February 27. Shares for $426,079 were sold by Polen Thomas E Jr on Tuesday, March 13. Borzi James W sold 4,048 shares worth $910,726. The insider RING TIMOTHY M sold 176 shares worth $38,416.

Investors sentiment increased to 1.55 in Q4 2017. 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. Nbt Natl Bank N A Ny reported 3,316 shares or 0.11% of all its holdings. Livforsakringsbolaget Skandia Omsesidigt owns 3,499 shares for 0.07% of their portfolio. Nuance Limited Liability reported 2.74% stake. Delta Asset Mgmt Ltd Com Tn reported 88,187 shares or 2.66% of all its holdings. Nippon Life Invsts Americas Inc holds 51,610 shares. Northwestern Mutual Wealth Management reported 49,483 shares. Moreover, Mirae Asset Glob Co Limited has 0.02% invested in Becton, Dickinson and Company (NYSE:BDX) for 8,034 shares. Beese Fulmer Mngmt stated it has 1.31% in Becton, Dickinson and Company (NYSE:BDX). Metropolitan Life Insur holds 52,119 shares. Amer National Insurance Communication Tx accumulated 7,091 shares. Qci Asset holds 0.02% or 695 shares. Azimuth Cap Ltd Liability Co owns 21,983 shares for 0.34% of their portfolio. Plante Moran Llc accumulated 0.01% or 105 shares. Moreover, Keating Inv Counselors has 0.13% invested in Becton, Dickinson and Company (NYSE:BDX). Moreover, Ingalls & Snyder Ltd Co has 0.01% invested in Becton, Dickinson and Company (NYSE:BDX).

Since January 1, 0001, it had 0 insider buys, and 1 sale for $7.40 million activity.

The stock decreased 0.76% or $0.2 during the last trading session, reaching $25.95. About 1.14 million shares traded. Brown & Brown, Inc. (BRO) has risen 18.96% since April 22, 2017 and is uptrending. It has outperformed by 7.41% the S&P500.

Brown & Brown, Inc. markets and sells insurance services and products primarily in the United States, as well as in England, Bermuda, and the Cayman Islands. The company has market cap of $7.17 billion. The Company’s Retail segment provides property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management and loss control surveys and analysis, consultation, and claims processing services. It has a 18.47 P/E ratio. The companyÂ’s National Programs segment offers professional liability and related package insurance products for professional groups comprising dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities.

Brown & Brown, Inc. (NYSE:BRO) Institutional Positions Chart

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