Boston Scientific's (BSX) "Buy" Rating Reiterated at BMO Capital Markets

Standard Life Invests owns 14.54M shares or 1.36% of their USA portfolio. Leerink Swann analyst D. Antalffy now forecasts that the medical equipment provider will post earnings of $0.33 per share for the quarter, down from their previous forecast of $0.34. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth. The stock increased 0.39% or $0.1 during the last trading session, reaching $25.71. UMC price is down almost -9.2% from its 52-week high price of $2.73 a share but is up about 30.4% from its 52-week low price of $1.74 a share. Boston Scientific Corporation (NYSE:BSX) has risen 19.12% since December 15, 2016 and is uptrending.

Sector Gamma As increased its stake in Boston Scientific Corp (BSX) by 0.96% based on its latest 2017Q2 regulatory filing with the SEC. Institutional ownership can eventually exceed 100 percent of float, which means that, in addition to all the available shares, institutions have also bought up all the borrowed shares from short sellers who are betting that the stock will decline.

Aureus Asset Management Llc, which manages about $874.10M and $594.71M US Long portfolio, upped its stake in Schwab Charles Corp New Com (NYSE:SCHW) by 87,854 shares to 409,595 shares, valued at $17.60M in 2017Q2, according to the filing.

BSX's overall volume in the last trading session was 9,557,059 shares. This nets out to an increase of 10.95 million shares and is a bullish sign for BSX. Nanavaty Maulik also sold $1.56M worth of Boston Scientific Corporation (NYSE:BSX) shares. It has outperformed by 2.42% the S&P500. The stock of Boston Scientific Corporation (NYSE:BSX) has "Buy" rating given on Friday, July 29 by Needham. Therefore 80% are positive. Infosys had 34 analyst reports since July 24, 2015 according to SRatingsIntel. The stock was sold at an average price of $29.24, for a total transaction of $323,423.64. Jefferies maintained Boston Scientific Corporation (NYSE:BSX) on Friday, July 29 with "Hold" rating. The rating was downgraded by J.P. Morgan to "Hold" on Monday, August 21. The firm has "Equal-Weight" rating by Barclays Capital given on Friday, October 13. The company was maintained on Monday, June 26 by BTIG Research. Credit Suisse reinitiated the shares of BSX in report on Monday, August 10 with "Outperform" rating. ACADIAN ASSET MANAGEMENT LLC owned 1.96% of United Microelectronics Corporation (UMC) worth $49.69 million at the end of the most recent reporting period.The investor is now holding 19,955,351 shares thanks to an increase of 383,195 new shares in their portfolio. Its up 0.14, from 0.89 in 2017Q1.


Boston Scientific Corporation (NYSE:BSX)[Trend Analysis] price per shares knocked down -0.35% to $25.62 with volume of 10.49 Million. Acrospire Investment Management LLC raised its position in shares of Boston Scientific by 157.3% in the 2nd quarter. Dimensional Fund Advisors Limited Partnership holds 0.03% or 2.59M shares. Two Sigma Limited Liability stated it has 0.08% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Commercial Bank Of Montreal Can holds 576,861 shares. Skandinaviska Enskilda Banken AB publ now owns 240,441 shares of the medical equipment provider's stock valued at $7,014,000 after acquiring an additional 12,400 shares during the last quarter. Shelton Capital owns 11,526 shares for 0.02% of their portfolio. Rmb Capital Ltd Liability invested in 0.1% or 120,258 shares. Insight Capital Rech & Mgmt accumulated 65,649 shares or 1.07% of the stock.

Boston Scientific Corporation (BSX) closed business day at $25.61 with 0.43%. Amica Retiree Med accumulated 10,008 shares. Northwestern Mutual Wealth Mgmt Com holds 0% or 11,441 shares. Zooming out to the 200-day moving average, shares have been seen trading -5.31% away from that value. Moreover, Columbia L L C Investment Mngmt has 0.55% invested in Boston Scientific Corporation (NYSE:BSX).

TRADEMARK VIOLATION WARNING: "Boston Scientific's (BSX) "Buy" Rating Reiterated at BMO Capital Markets" was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. The medical equipment provider reported $0.31 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.31. BSX's profit will be $466.88 million for 18.98 P/E if the $0.34 EPS becomes a reality. The stock of Boston Scientific Corporation (NYSE:BSX) earned "Buy" rating by Needham on Friday, November 3. Salem Investment Counselors Inc. boosted its holdings in Boston Scientific by 7.6% in the third quarter. The insider Bose Supratim sold 347,137 shares worth $10.11M. Bluestein R H & Co. now owns 78,900 shares of the medical equipment provider's stock worth $2,302,000 after purchasing an additional 23,900 shares during the last quarter. Given Boston Scientific Corporation's stronger consensus rating and higher probable upside, analysts plainly believe Boston Scientific Corporation is more favorable than Illumina. Another trade for 12,433 shares valued at $332,584 was sold by Carruthers Wendy.

Related:

Comments

Latest news

Sam Allardyce Admits Ross Barkley May Leave Everton
Allardyce, who was appointed as the Everton manager last month, has suggested that the 24-year-old could return to action soon. Barkley has returned to training but there is no date on when he will return.

(NYSE:SCG) Shares Bought by Oppenheimer & Co. Inc
Of the analysts who provided ratings, 4 rated the company a Hold, 2 rated it a Strong Sell, and 4 rated it a Strong Buy. ValuEngine raised shares of SCANA from a "hold" rating to a "buy" rating in a research note on Friday, December 1st.

Research Analysis of Dick's Sporting Goods Inc. (DKS)
The Arcadia Investment Management Corp holds 11,625 shares with $463,000 value, down from 24,932 last quarter. Dick's Sporting Goods, Inc . operates as a sporting goods retailer primarily in the eastern United States.

Carmignac Gestion Buys Shares of 1112645 Vipshop Holdings Ltd - (VIPS)
Over the long run, the price of a stock will normally go up in lock step with its earnings (assuming the P/E ratio is constant). Considering that the stock current volume of 7.03 million shares, this represents a pretty noteworthy trading in volume size.

Firefighter dies while battling Thomas fire in California
The winds are pushing the fire east and northeast, through Fillmore and toward the Santa Clarita Valley area. To the south in San Diego County, firefighters had come very close to containing another major wildfire.

Other news