Robeco Institutional Asset Management Trimmed Its Baxter Intl INC (BAX) Stake by $9.13 Million

Baxter International Inc. (NYSE:BAX) LogoInvestors sentiment increased to 0.88 in 2018 Q2. Its up 0.22, from 0.66 in 2018Q1. It increased, as 48 investors sold BAX shares while 321 reduced holdings. 95 funds opened positions while 230 raised stakes. 430.86 million shares or 0.30% less from 432.17 million shares in 2018Q1 were reported. The North Carolina-based Triangle Securities Wealth has invested 0.16% in Baxter International Inc. (NYSE:BAX). Moreover, Tocqueville Asset Mngmt Ltd Partnership has 0.01% invested in Baxter International Inc. (NYSE:BAX). Moreover, Old Point Trust Financial Svcs N A has 1.4% invested in Baxter International Inc. (NYSE:BAX) for 34,657 shares. Endurant Limited Partnership has 2.57% invested in Baxter International Inc. (NYSE:BAX) for 80,229 shares. 3,094 were reported by Fuller And Thaler Asset Mngmt Inc. John G Ullman & Assocs reported 0.81% in Baxter International Inc. (NYSE:BAX). Us Commercial Bank De reported 390,812 shares stake. Maryland-based Proshare Advsr Ltd Liability Co has invested 0.06% in Baxter International Inc. (NYSE:BAX). Dana Inv Advsrs has invested 1.59% in Baxter International Inc. (NYSE:BAX). Moreover, Bancorp Of New York Mellon has 0.09% invested in Baxter International Inc. (NYSE:BAX) for 4.37 million shares. 5,880 were accumulated by Tiverton Asset Mngmt Limited Company. Argent Tru Commerce holds 0.2% or 20,044 shares in its portfolio. Hudock Capital Ltd Co has invested 0.05% in Baxter International Inc. (NYSE:BAX). Hightower Advsrs Lc owns 0.07% invested in Baxter International Inc. (NYSE:BAX) for 122,247 shares. Blb&B Advisors holds 14,215 shares.

Since May 15, 2018, it had 0 insider buys, and 7 sales for $14.73 million activity. Shapazian Carole J sold $473,383 worth of stock. $2.00M worth of Baxter International Inc. (NYSE:BAX) was sold by Pleau Scott. Shares for $1.80 million were sold by Eyre Brik V on Tuesday, May 22. The insider Accogli Giuseppe sold 17,647 shares worth $1.36 million.

Robeco Institutional Asset Management decreased its stake in Baxter Intl Inc (BAX) by 5.12% based on its latest 2018Q2 regulatory filing with the SEC. Robeco Institutional Asset Management sold 125,136 shares as the company’s stock rose 2.01% with the market. The institutional investor held 2.32M shares of the medical and dental instruments company at the end of 2018Q2, valued at $171.39 million, down from 2.45M at the end of the previous reported quarter. Robeco Institutional Asset Management who had been investing in Baxter Intl Inc for a number of months, seems to be less bullish one the $33.95 billion market cap company. The stock increased 1.21% or $0.76 during the last trading session, reaching $63.79. About 4.81 million shares traded or 44.19% up from the average. Baxter International Inc. (NYSE:BAX) has risen 18.60% since November 14, 2017 and is uptrending. It has outperformed by 2.98% the S&P500.

Robeco Institutional Asset Management, which manages about $21.44B US Long portfolio, upped its stake in International Business Machs (NYSE:IBM) by 150,270 shares to 540,922 shares, valued at $75.57 million in 2018Q2, according to the filing. It also increased its holding in Ebix Inc (NASDAQ:EBIX) by 83,000 shares in the quarter, for a total of 168,541 shares, and has risen its stake in United Rentals Inc (NYSE:URI).

Another recent and important Baxter International Inc. (NYSE:BAX) news was published by Seekingalpha.com which published an article titled: “Baxter International (BAX) Q3 2018 Results – Earnings Call Transcript” on October 31, 2018.

Baxter International Inc. (NYSE:BAX) Ratings Coverage

Among 13 analysts covering Baxter International (NYSE:BAX), 9 have Buy rating, 2 Sell and 2 Hold. Therefore 69% are positive. Baxter International had 15 analyst reports since May 17, 2018 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Tuesday, May 22. The rating was maintained by JP Morgan with “Overweight” on Friday, July 27. The stock of Baxter International Inc. (NYSE:BAX) earned “Underweight” rating by Morgan Stanley on Thursday, October 11. The company was maintained on Thursday, November 1 by Leerink Swann. Piper Jaffray initiated it with “Buy” rating and $7700 target in Thursday, May 17 report. The firm has “Underweight” rating given on Monday, November 5 by Morgan Stanley. The firm has “Outperform” rating given on Thursday, November 1 by Raymond James. The stock of Baxter International Inc. (NYSE:BAX) has “Outperform” rating given on Thursday, November 1 by Wells Fargo. The stock of Baxter International Inc. (NYSE:BAX) has “Neutral” rating given on Tuesday, November 13 by Citigroup. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, November 1.

Baxter International Inc. (NYSE:BAX) Institutional Positions Chart

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