Sci-tech

Dupont Capital Management Corp Buys Shares of 8798 Boston Scientific Corporation (BSX)

The fund owned 520,365 shares of the medical equipment provider's stock after purchasing an additional 56,539 shares during the quarter. The value of the investment in Boston Scientific Corp decreased from $11,937,000 to $11,934,000 a change of 0.0% since the last quarter.

Other large investors also recently bought and sold shares of the company. Amalgamated Bank expanded its investment by buying 3,580 shares an increase of 2.2% as of 09/30/2017. Janus Henderson Group PLC lifted its stake in shares of Boston Scientific Corporation by 22,491.6% in the second quarter. The stock appeared $29.93 above its 52-week highs and is up 2.30% for the last five trades. The value of the investment in (BSX) went from $11,937,000 to $11,934,000 decreasing 0.0% for the reporting period. Jennison Associates LLC now owns 10,639,290 shares of the medical equipment provider's stock worth $294,921,000 after buying an additional 8,533,655 shares in the last quarter. Boston Scientific Corporation's revenue was up 5.6% on a year-over-year basis. equities research analysts expect that Boston Scientific Corporation will post 1.25 earnings per share for the current fiscal year. Following the transaction, the executive vice president now directly owns 185,742 shares in the company, valued at approximately $5,100,475.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The stock was sold at an average price of $28.22, for a total transaction of $282,200.00.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 5.99%, and has a solid year to date (YTD) performance of 31.53% which means that the stock is constantly adding to its value from the previous fiscal year end price. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 508,864 shares of company stock valued at $14,581,669.

Boston Scientific Corporation (NYSE BSX) traded down $0.23 during mid-day trading on Monday, reaching $28.36. Trading volume for Boston Scientific Corporation was 4.72 Million in its previous trading session.

Deep diving into the technical levels for Boston Scientific Corp (BSX), we note that the equity now has a 14-day Commodity Channel Index (CCI) of 15.51. Boston Scientific Corp. has a one year low of $15.67 and a one year high of $24.79. The company has a market capitalization of $38,943.84, a price-to-earnings ratio of 23.25, a P/E/G ratio of 2.19 and a beta of 1.00. In the last earnings report the EPS was $0.61 with 1.37B shares outstanding.

Boston Scientific Corporation (NYSE:BSX) gross margin percentage stands at 71.8% while its operating margin for the past trailing twelve month is 12.5 percent and its overall profit margin (ttm) is 9.5 Percent.

Analysts believe that the company has the potential to earn average revenue of $2.36 Billion for the current quarter. If you are viewing this report on another site, it was stolen and reposted in violation of United States and worldwide trademark and copyright law. The original version of this piece can be read at https://stocknewstimes.com/2017/11/14/boston-scientific-corporation-bsx-shares-sold-by-tokio-marine-asset-management-co-ltd.html. "Reduces Position in Boston Scientific Corporation (NYSE:BSX)" was first posted by StockNewsTimes and is owned by of StockNewsTimes. Also, the Hold rating count is 2 as of 11/13/17. Royal Bank Of Canada restated a "buy" rating and set a $31.00 price objective on shares of Boston Scientific Corporation in a research report on Friday, September 1st. The count of Hold ratings in that period was 1. On October 31 analysts at SunTrust Banks updated guidance on BSX with a rating of "Buy" and a price target of $34.00.

On October 13 BMO Capital Markets held the company rating at "Buy" targeting a price of $30.00.

With today's market cap for Boston Scientific Corporation, traders can easily name it as one of the major player in its Medical Appliances & Equipment industry.



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