Boston Scientific (BSX) Upgraded to Top Pick by Royal Bank of Canada

Institutional investors and hedge funds own 90.36% of the company's stock. It is now trading 1.97% off that level. Bill & Melinda Gates Foundation Trust holds 2.18% or 4.37M shares. The correct version of this report can be viewed at It has outperformed by 34.84% the S&P500.

CAPITAL WORLD INVESTORS lowered its stake in Boston Scientific Corporation (NYSE:BSX) by 0.89% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

For the current quarter, 22 analysts are projecting a mean EPS of $0.34/share. Perhaps, that suggests something about why 0.82% of the outstanding share supply is held by institutional investors. The company's revenue for the quarter was up 5.6% compared to the same quarter past year. The stock decreased 1.57% or $0.44 during the last trading session, reaching $27.52. About 56,240 shares traded. Looking at the stock's movement on the chart, Boston Scientific Corporation recorded a 52-week high of $29.93. It has outperformed by 2.42% the S&P500. Bose Supratim sold 347,137 shares worth $10.11 million. On Friday, August 4 WALSH JEFFREY R sold $344,870 worth of Citigroup Inc. (NYSE:ECL). Van Strum & Towne invested in 3.55% or 42,453 shares.

Of those holders, 237 had increased positions amounting to 50.69 million shares, 247 had decreased positions amounting to 44.32 million shares, and 103 holders have a held position accounting for 1.2 billion shares.

Ingalls & Snyder LLC Has $24.29 Million Holdings in Johnson & Johnson (JNJ)
Cwh Capital Management Inc sold 2,526 shares as the company's stock rose 6.85% with the market. 6,828 were reported by Westpac Bk. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JNJ.

The most recent open market insider trade was Disposition (Non Open Market) of 1,101 shares on a day where the closing price was 24.79. Oppenheimer Asset Mngmt Inc accumulated 0.06% or 39,774 shares. 22 funds opened positions while 61 raised stakes. Alecta Pensionsforsakring Omsesidigt accumulated 2.46M shares. 308,705 were reported by Brown Advisory Inc.

Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA therapeutics for the treatment of rare neuromuscular diseases. Moreover, Automobile Association has 0.22% invested in U.S. Bancorp (NYSE:USB) for 1.39M shares.

According to Zacks, "Despite back-to-back hurricances, Boston Scientific managed to registered solid third-quarter show". Frontier Co Ltd Liability Co holds 0.19% in Trex Company, Inc. (NYSE:ECL). Magnetar Financial Ltd holds 0.07% or 24,754 shares in its portfolio. Neville Rodie Shaw owns 2,325 shares. Abner Herrman Brock Lc stated it has 217,805 shares or 2.81% of all its holdings. (NASDAQ:ASTE) or 13,180 shares. Kentucky Retirement holds 84,083 shares. Us National Bank De reported 1,542 shares stake. Retail Bank Of Nova Scotia invested in 0.04% or 238,349 shares. Creative Planning invested in 43,996 shares. Adams Diversified Equity Fund Inc reported 345,600 shares stake. The Marco Investment Management Llc holds 2,672 shares with $412,000 value, down from 6,627 last quarter.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. Analysts are forecasting earnings of $0.34 on a per share basis this quarter. BSX's profit would be $466.89 million giving it 20.19 P/E if the $0.34 EPS is correct. The medical equipment provider reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Therefore 67% are positive. HB Financial Group had 3 analyst reports since July 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with "Hold" rating and $58 target in Wednesday, November 9 report. The firm has "Buy" rating given on Friday, February 3 by Needham. 1,600 are held by Dt Invest Partners Ltd Com. The rating was maintained by Oppenheimer on Wednesday, August 9 with "Hold". The firm has "Buy" rating by Vertical Group given on Tuesday, September 5. The firm has "Buy" rating given on Thursday, July 27 by RBC Capital Markets. As per Wednesday, June 28, the company rating was maintained by Barclays Capital. Also, EVP Michael P. Phalen sold 15,500 shares of the company's stock in a transaction dated Monday, October 30th.

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Since October 3, 2017, it had 0 insider purchases, and 1 sale for $575,000 activity. 118 funds opened positions while 525 raised stakes. Teachers Retirement System Of The State Of Kentucky holds 0.18% or 523,080 shares in its portfolio. 585,338 are held by Aureus Asset Mgmt Limited Liability Company. Robecosam Ag invested in 1.07% or 483,901 shares. Guardian Life Insur Of America owns 3,178 shares for 0.01% of their portfolio. Ngam Advsr Limited Partnership reported 46,955 shares stake. Gofen & Glossberg Ltd Il reported 206,291 shares. Geller Family Office Services Llc owns 2.76 million shares or 39.41% of their USA portfolio. Coastline Co holds 0.75% of its portfolio in U.S. Bancorp (NYSE:USB) for 79,823 shares. The stock of Boston Scientific Corporation (NYSE:BSX) has "Hold" rating given on Friday, July 28 by Jefferies.

Boston Scientific Corporation (BSX) now trades with a market capitalization of $38.36 Billion. Raymond James Svcs owns 80,440 shares for 0.02% of their portfolio. 38,072 were accumulated by Guggenheim Capital Ltd Company.

Since August 1, 2017, it had 0 insider purchases, and 11 insider sales for $14.78 million activity. This represents a decrease of -12% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. $1.56M worth of Boston Scientific Corporation (NYSE:BSX) shares were sold by Nanavaty Maulik. Pratt Timothy A. had sold 10,000 shares worth $266,650. Carruthers Wendy sold $332,584 worth of stock or 12,433 shares.

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