Is Bristol-Myers Squibb Company (NYSE:BMY) A Safe Bet For Investors?

The stock decreased 0.77% or $0.3324 during the last trading session, reaching $43.0776. About 6.59M shares traded or 23.27% up from the average.

Pembroke Management Ltd increased its stake in Albany Intl Corp (AIN) by 23.81% based on its latest 2017Q3 regulatory filing with the SEC. A 14 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:PX) or, if they already own its stock, sell it. The institutional investor held 244,400 shares of the textiles company at the end of 2017Q3, valued at $14.03M, up from 197,400 at the end of the previous reported quarter. The company has market cap of $236.40 million. The stock increased 0.93% or $0.58 during the last trading session, reaching $63.05. About 100,043 shares traded. (NASDAQ:JJSF) has risen 26.93% since January 11, 2017 and is uptrending.

Aviance Capital Management Llc, which manages about $2.20B and $1.45 billion US Long portfolio, upped its stake in Bce Inc Com New (NYSE:BCE) by 75,323 shares to 75,458 shares, valued at $3.53M in 2017Q3, according to the filing. It also reduced its holding in Arista Networks In (NYSE:ANET) by 9,400 shares in the quarter, leaving it with 53,100 shares, and cut its stake in Acadia Healthcare (NASDAQ:ACHC).

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -1.12% and struggles for 50 days moving average of buoyant run is 0.17%. Its up 0.08, from 0.95 in 2017Q2. The institutional investor held 501,080 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $31.94M, up from 308,825 at the end of the previous reported quarter. (NASDAQ:CSCO) for 20,000 shares. Glenmede Na reported 0% of its portfolio in Albany International Corp. 0 analysts gave its stock an Outperform rating. Empirical Financial Serv Llc, Washington-based fund reported 3,940 shares. Folger Nolan Fleming Douglas Cap Mgmt, a -based fund reported 17,223 shares. Schroder Inv Mgmt stated it has 558,897 shares. Apriem Advsr accumulated 4,348 shares.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 71.3 Percent. New York State Common Retirement Fund owns 391,431 shares. Sei Investments Com invested 0.06% in A. O. Smith Corporation (NYSE:AOS). Jfs Wealth Advisors Limited Liability Com holds 0.01% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY) for 505 shares. Therefore 63% are positive. J&J Snack Foods had 12 analyst reports since December 16, 2015 according to SRatingsIntel. The stock of J&J Snack Foods Corp. As per Friday, August 19, the company rating was maintained by UBS.

Analysts await Bristol-Myers Squibb Company (NYSE:BMY) to report earnings on January, 25. The difference between the expected and actual EPS was $-0.02/share, which represents an Earnings surprise of -2.6%. The 1 year EPS growth rate is 184.60%. The biopharmaceutical company reported $0.75 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.77 by ($0.02).

Inc. MA Has $849000 Position in Wal-Mart Stores, Inc. (WMT)
Sterne Agee CRT maintained the stock with "Buy" rating in Tuesday, August 4 report. (NYSE: WMT ) rating on Monday, October 2. It dropped, as 44 investors sold CELG shares while 457 reduced holdings. 117 funds opened positions while 547 raised stakes.

Many analysts are providing their Estimated Earnings analysis for Bristol-Myers Squibb Company and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $0.67/share. Therefore 67% are positive. Currently, Bristol-Myers Squibb Company (NYSE:BMY) has an average volume of 5.37 Million. Avondale downgraded the stock to "Mkt Underperform" rating in Thursday, November 17 report. The rating was maintained by Barclays Capital with "Equal-Weight" on Tuesday, December 29. The stock of Bristol-Myers Squibb Company (NYSE:BMY) has "Hold" rating given on Thursday, November 16 by Jefferies. On Wednesday, October 18 the stock rating was maintained by Citigroup with "Buy". The rating was downgraded by BMO Capital Markets on Monday, January 25 to "Market Perform". As per Friday, September 15, the company rating was maintained by Jefferies. As per Friday, April 29, the company rating was upgraded by Standpoint Research. The company was maintained on Tuesday, March 15 by Jefferies. Leerink Swann reiterated an "outperform" rating and set a $62.00 price objective on shares of Bristol-Myers Squibb Company in a research report on Monday, January 30th. The firm earned "Hold" rating on Monday, October 16 by SunTrust. It also increased its holding in Federal Signal Corp (NYSE:FSS) by 21,029 shares in the quarter, for a total of 91,169 shares, and has risen its stake in Gilead Sciences Inc (NASDAQ:GILD).

Since September 6, 2017, it had 1 buy, and 2 selling transactions for $646,385 activity. Another trade for 5,300 shares valued at $335,172 was made by Lynch Thomas J. Jr. on Tuesday, December 12.

Narrow down focus to other ratios, the co has current ratio of 2.10 that indicates if FRAN lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Its down 0.16, from 1.18 in 2017Q2.

Want to see what other hedge funds are holding BMY? 137 funds opened positions while 460 raised stakes. Bristol-Myers Squibb Company has a one year low of $46.01 and a one year high of $77.12. Wilkins Investment Counsel reported 0.08% stake. Security National Bank Of Sioux City Iowa Ia has invested 0.37% in Bristol-Myers Squibb Company (NYSE:BMY). Legacy Prns invested in 0.36% or 10,744 shares. 51,023 were accumulated by Boulegeris Invests Incorporated. Ashford Cap Management Inc holds 0.07% or 6,596 shares. United Automobile Association owns 903,669 shares for 0.17% of their portfolio. Howland Management Limited invested in 42,702 shares. Amp Capital Investors Ltd sold 310,139 shares as Intel Corp (INTC)'s stock declined 2.96%. (NASDAQ:CSCO). Lincluden Ltd reported 439,526 shares. C Ww Wide Holdings A S has invested 0.23% in Bristol-Myers Squibb Company (NYSE:BMY). FDx Advisors Inc. boosted its position in Bristol-Myers Squibb by 3.2% during the 3rd quarter.

Echostar Corporation-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.

Latest News