Earnest Partners Boosted Its Becton Dickinson (BDX) Holding; Meritage Homes (MTH) Sentiment Is 1.39
April 22, 2018 - By Linda Rogers
Earnest Partners Llc increased Becton Dickinson (BDX) stake by 83.73% reported in 2017Q4 SEC filing. Earnest Partners Llc acquired 56,320 shares as Becton Dickinson (BDX)’s stock declined 1.94%. The Earnest Partners Llc holds 123,584 shares with $26.45M value, up from 67,264 last quarter. Becton Dickinson 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.
Meritage Homes Corp (MTH) investors sentiment increased to 1.39 in Q4 2017. It’s up 0.14, from 1.25 in 2017Q3. The ratio is better, as 86 investment managers increased and opened new positions, while 62 sold and reduced their positions in Meritage Homes Corp. The investment managers in our database now possess: 37.83 million shares, down from 40.81 million shares in 2017Q3. Also, the number of investment managers holding Meritage Homes Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 16 Reduced: 46 Increased: 48 New Position: 38.
Ratings analysis reveals 0 of Meritage’s analysts are positive. Out of 2 Wall Street analysts rating Meritage, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. MTH was included in 2 notes of analysts from September 29, 2016. Barclays Capital initiated the shares of MTH in report on Friday, January 6 with “Underweight” rating. Wells Fargo initiated the shares of MTH in report on Thursday, September 29 with “Market Perform” rating.
Since January 1, 0001, it had 0 insider buys, and 8 sales for $1.80 million activity.
Meritage Homes Corporation designs and manufactures single-family homes in the United States. The company has market cap of $1.74 billion. The firm operates through two divisions, Homebuilding and Financial Services. It has a 12.52 P/E ratio. It acquires and develops land; and constructs, markets, and sells homes for various homebuyers, including first-time, move-up, active adult, and luxury under the Meritage Homes and Monterey Homes brand names.
Analysts await Meritage Homes Corporation (NYSE:MTH) to report earnings on April, 25 after the close. They expect $0.74 EPS, up 32.14% or $0.18 from last year’s $0.56 per share. MTH’s profit will be $30.07M for 14.44 P/E if the $0.74 EPS becomes a reality. After $1.34 actual EPS reported by Meritage Homes Corporation for the previous quarter, Wall Street now forecasts -44.78% negative EPS growth.
Earnest Partners Llc holds 1.02% of its portfolio in Meritage Homes Corporation for 2.08 million shares. Echo Street Capital Management Llc owns 651,027 shares or 1.01% of their US portfolio. Moreover, Emerald Advisers Inc Pa has 1% invested in the company for 506,502 shares. The Pennsylvania-based Emerald Mutual Fund Advisers Trust has invested 0.83% in the stock. South Dakota Investment Council, a South Dakota-based fund reported 708,663 shares.
The stock decreased 2.06% or $0.9 during the last trading session, reaching $42.75. About 351,387 shares traded. Meritage Homes Corporation (MTH) has risen 26.14% since April 22, 2017 and is uptrending. It has outperformed by 14.59% the S&P500.
Since February 23, 2018, it had 0 insider buys, and 4 selling transactions for $2.59 million activity. $426,079 worth of Becton, Dickinson and Company (NYSE:BDX) shares were sold by Polen Thomas E Jr. Borzi James W also sold $910,726 worth of Becton, Dickinson and Company (NYSE:BDX) on Monday, February 26. On Tuesday, February 27 Gallagher John E sold $1.21 million worth of Becton, Dickinson and Company (NYSE:BDX) or 5,355 shares. 176 Becton, Dickinson and Company (NYSE:BDX) shares with value of $38,416 were sold by RING TIMOTHY M.
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. Morgan Stanley maintained Becton, Dickinson and Company (NYSE:BDX) rating on Friday, November 3. Morgan Stanley has “Equal-Weight” rating and $245 target. Citigroup downgraded Becton, Dickinson and Company (NYSE:BDX) rating on Friday, September 23. Citigroup has “Sell” rating and $165 target. On Wednesday, September 27 the stock rating was maintained by Cowen & Co with “Buy”. Wells Fargo initiated the stock with “Buy” rating in Friday, September 22 report. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) on Friday, June 9 with “Buy” rating. The company was maintained on Thursday, March 30 by Jefferies. Piper Jaffray maintained it with “Buy” rating and $21300 target in Tuesday, July 18 report. The stock of Becton, Dickinson and Company (NYSE:BDX) has “Equal-Weight” rating given on Monday, January 4 by Morgan Stanley. The firm has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus. The rating was initiated by Citigroup with “Neutral” on Thursday, November 12.
By1 Linda Rogers
