First Quadrant LP has cut its stake in Baxter International INC (BAX) by $ 3.32 million –

First Quadrant LP has cut its stake in Baxter International INC (BAX) by $ 3.32 million


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Market News


December 3, 2017 – By Adrian Mccoy

Investor confidence decreased to 0.92 in the second quarter of 2017. It decreases 0.03, from 0.95 in 2017Q1. It fell, as 52 investors sold shares of BAX, while 315 reduced their holdings. 89 funds opened positions, while 247 increased positions. 444.08 million shares were reported or 0.51% more than the 441.85 million shares in 2017Q1. Thompson Siegel and Walmsley Limited Liability Co owns 8,131 shares or 0.01% of its portfolio in the United States. Grp One Trading Limited Partnership reported 2,630 shares or 0% of all its holdings. Rockefeller Fincl Svcs holds 0.01% or 5,012 shares in its portfolio. Linscomb Williams Inc owns 43,074 shares or 0.23% of its portfolio in the United States. Jacobs Levy Equity Incorporated owns 359,400 shares or 0.47% of its portfolio in the United States. Outfitter Advisors Limited holds 0.14% or 6,400 shares in its portfolio. 230,000 are owned by Rock Springs Mngmt L P Barclays Public Limited Com invested in 324,389 shares or 0.02% of the shares. 200 were reported by Mercer Cap Advisers. Fuller & Thaler Asset has invested 0.01% of its portfolio in Baxter International Inc. (NYSE: BAX). Systematic Fincl Management Ltd Partnership owns 494,012 shares. Old Bancorporation In holds 0.01% in Baxter International Inc. (NYSE: BAX) or 4,475 shares. In addition, the United Automobile Association has 0.07% invested in Baxter International Inc. (NYSE: BAX) for 354,978 shares. Oakworth Capital Inc owns 18,150 shares. 13,688 were reported by Barrington Strategic Wealth Mgmt Group Inc. Ltd Liability Co.

First Quadrant LP decreased its stake in Baxter International Inc (BAX) by 9.04% based on its latest 2017Q2 regulatory report with the SEC. First Quadrant LP sold 55,312 shares, as the company's shares increased 15.04% with the market. The institutional investor had 556,861 shares of the medical and dental instrument company at the end of 2017Q2, valued at $ 33.71M, below the 612,173 at the end of the quarter previously reported. First Quadrant LP, which had been investing in Baxter International Inc for several months, appears to be less optimistic than the company with a market capital of $ 35.68 billion. The share declined 0.06% or $ 0.04 during the last trading session, reaching $ 65.49. Around 2.60 million shares traded or 9.26% more than the average. Baxter International Inc. (NYSE: BAX) has risen 32.55% since December 3, 2016 and is on the rise. It has exceeded the S & P500 by 15.85%.

First Quadrant LP, which manages about $ 16.82 billion and $ 5.00B US Long portfolio, increased its stake in Hologic Inc (NASDAQ: HOLX) in 78,948 shares to 634,084 shares, valued at $ 28.78 million in 2017Q2, according to with the presentation. It also increased its stake in Cadence Design Sys Inc (NASDAQ: CDNS) by 702,405 shares in the quarter, for a total of 702,601 shares, and has increased its stake in Ball Corp (NYSE: BLL).

Analysts expect Baxter International Inc. (NYSE: BAX) to report earnings on February 7. They expect $ 0.59 of earnings per share, an increase of 3.51% or $ 0.02 last year of $ 0.57 per share. BAX earnings will be $ 321.45 million for 27.75 P / E if the $ 0.59 EPS becomes a reality. After $ 0.64 of real earnings per share reported by Baxter International Inc. for the previous quarter, Wall Street now forecasts a negative EPS growth of -7.81%.

Other recent and important news from Baxter International Inc. (NYSE: BAX) was published by that published an article entitled: "Baxter International Inc. (BAX) Ex-Dividend Scheduled Date for November 30, 2017 "on November 29, 2017.

Ratings Coverage of Baxter International Inc. (NYSE: BAX)

Among the 16 badysts covering Baxter International (NYSE: BAX), 8 have Buy, 0 Sell and 8 Hold ratings . Therefore, 50% is positive. Baxter International has a higher goal of $ 73 and $ 33 lower. The average goal of $ 60.92 is -6.98% below the current $ 65.49 price of the stock. Baxter International had 43 badyst reports from July 30, 2015 in accordance with SRatingsIntel. The shares of Baxter International Inc. (NYSE: BAX) have an "overweight" rating granted on Thursday, October 26 by Barclays Capital. JP Morgan restarted the shares with "Neutral" rating in the report on Monday, June 6. The firm has the "Market Perform" rating of Leerink Swann awarded on Thursday, July 30. On Thursday, August 17, Citigroup began the rating of shares with "Hold". The firm has an "overweight" rating granted on Thursday, July 27 by Barclays Capital. According to Thursday, April 27, the company's rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with "Sector Perform" on Wednesday, October 26. The firm was rated "Outperform" on Tuesday, April 4 by Leerink Swann. The firm earned a "Best Performance" rating on Thursday, October 13 from Wells Fargo. The firm has the "Market Perform" rating of Leerink Swann on Wednesday, October 28.

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