Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Becton, Dickinson and Company by 5.4% in the third quarter, now owning 601,229 shares valued at approximately $112.5 million. The medical instruments supplier recently beat quarterly earnings estimates and announced a quarterly dividend of $1.05 per share, alongside a $10 million share repurchase program. Despite a “Hold” consensus rating from analysts, several institutional investors have adjusted their positions in the company.
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Mitsubishi UFJ Asset Management Co. Ltd. Increases Stock Position in Becton, Dickinson and Company $BDX
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Becton, Dickinson and Company by 5.4% in the third quarter, now owning 601,229 shares valued at approximately $112.5 million. The medical instruments supplier recently beat quarterly earnings estimates and announced a quarterly dividend of $1.05 per share, alongside a $10 million share repurchase program. Despite a “Hold” consensus rating from analysts, several institutional investors have adjusted their positions in the company.