Atrion (ATRI) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Atrion (NASDAQ:ATRI) from a strong sell rating to a sell rating in a report issued on Thursday morning.

Shares of ATRI stock opened at $604.05 on Thursday. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 31.94 and a beta of 0.63. Atrion has a 52 week low of $516.85 and a 52 week high of $694.00.

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Atrion (NASDAQ:ATRI) last announced its quarterly earnings results on Wednesday, May 9th. The medical instruments supplier reported $4.56 EPS for the quarter. The business had revenue of $39.40 million for the quarter. Atrion had a net margin of 23.82% and a return on equity of 19.34%.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, June 14th.

A number of hedge funds have recently made changes to their positions in ATRI. Neuberger Berman Group LLC lifted its stake in Atrion by 18.1% in the 1st quarter. Neuberger Berman Group LLC now owns 101,923 shares of the medical instruments supplier’s stock worth $64,344,000 after purchasing an additional 15,638 shares in the last quarter. BlackRock Inc. lifted its stake in Atrion by 2.6% in the 4th quarter. BlackRock Inc. now owns 100,724 shares of the medical instruments supplier’s stock worth $63,516,000 after purchasing an additional 2,549 shares in the last quarter. BancorpSouth Bank purchased a new stake in Atrion in the 4th quarter worth $1,426,000. Millennium Management LLC lifted its stake in Atrion by 246.8% in the 1st quarter. Millennium Management LLC now owns 2,719 shares of the medical instruments supplier’s stock worth $1,717,000 after purchasing an additional 1,935 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Atrion by 2.6% in the 4th quarter. Renaissance Technologies LLC now owns 59,700 shares of the medical instruments supplier’s stock worth $37,647,000 after purchasing an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Atrion

Atrion Corporation develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications worldwide. Its fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as well as promote infection control in hospital and home healthcare environments.

BNP Paribas Arbitrage SA Has $596,000 Holdings in Brandywine Realty Trust (BDN)

BNP Paribas Arbitrage SA raised its stake in Brandywine Realty Trust (NYSE:BDN) by 18.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,507 shares of the real estate investment trust’s stock after buying an additional 5,861 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Brandywine Realty Trust were worth $596,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Quantbot Technologies LP purchased a new stake in Brandywine Realty Trust in the 1st quarter valued at $274,000. Citigroup Inc. grew its holdings in Brandywine Realty Trust by 16.7% in the 1st quarter. Citigroup Inc. now owns 314,839 shares of the real estate investment trust’s stock valued at $5,000,000 after buying an additional 45,064 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Brandywine Realty Trust by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,902,667 shares of the real estate investment trust’s stock valued at $46,094,000 after buying an additional 86,964 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in Brandywine Realty Trust by 9.4% in the 1st quarter. Great West Life Assurance Co. Can now owns 121,145 shares of the real estate investment trust’s stock valued at $1,924,000 after buying an additional 10,451 shares in the last quarter. Finally, Brinker Capital Inc. grew its holdings in Brandywine Realty Trust by 25.4% in the 1st quarter. Brinker Capital Inc. now owns 70,998 shares of the real estate investment trust’s stock valued at $1,127,000 after buying an additional 14,370 shares in the last quarter.

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Several brokerages have issued reports on BDN. ValuEngine cut Brandywine Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. JPMorgan Chase & Co. dropped their target price on Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, April 24th. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, April 17th. SunTrust Banks set a $18.00 target price on Brandywine Realty Trust and gave the company a “buy” rating in a report on Monday, April 23rd. Finally, Stifel Nicolaus cut Brandywine Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $19.00 to $17.00 in a report on Tuesday, March 13th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $18.17.

NYSE BDN opened at $16.70 on Friday. The firm has a market cap of $2.96 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.74 and a quick ratio of 3.74. Brandywine Realty Trust has a twelve month low of $15.20 and a twelve month high of $18.69.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.07). The business had revenue of $136.36 million for the quarter, compared to analysts’ expectations of $133.17 million. Brandywine Realty Trust had a return on equity of 8.37% and a net margin of 27.38%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.32 earnings per share. equities analysts expect that Brandywine Realty Trust will post 1.37 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 20th. Stockholders of record on Friday, July 6th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date of this dividend is Thursday, July 5th. Brandywine Realty Trust’s dividend payout ratio is presently 54.96%.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

McDonald’s, Chevron Boost the Dow Thursday

June 7, 2018: Markets opened slightly mixed Thursday and only the blue chips were able to keep trading in the green from the entire day. The tech sector took the brunt of the beating and traded down more than 1% late in the afternoon, dragging the Nasdaq Composite with it. The day’s top performing sector was energy, up more than 1.5%.

WTI crude oil for July delivery closed at $65.95 a barrel, up about 1.9% for the day. August gold added about 0.1% on the day to settle at $1,303.00. Equities were headed for a mixed �close about 10 minutes before the bell as the Dow traded up 0.30% for the day, the S&P 500 traded down 0.16%, and the Nasdaq Composite traded down 0.76%.

Bitcoin futures (XBTM8) for June delivery traded at $7,700, up about 2.3% on the CBOE after opening at $7,645 this morning. The trading range today was $7,645 to $7,770.

The Dow stock posting the largest daily percentage gain ahead of the close Thursday was McDonald’s Corp. (NYSE: MCD) which traded up 4.38% at $169.50. The stock’s 52-week range is $146.84 to $178.70. Volume was about 20% above the daily average of around 4 million shares. The fast-food giant’s stock received an analyst’s upgrade this morning. The WSJ reports that the company also plans a new round of layoffs. That always perks up the stock.

Chevron Corp. (NYSE: CVX) traded up 3.00% at $127.08 in a 52-week range of $102.55 to $133.88. Volume was about equal to the daily average of around 6.7 million shares. The company had no specific news.

The Procter & Gamble Co. (NYSE: PG) traded up 1.74% at $75.64. The stock’s 52-week range is $70.73 to $94.67. Volume was about 15% below the daily average of around 9.4 million. Activist investor Nelson Peltz reportedly said that P&G’s board is considering his plan to revive the company.

The Home Depot Inc. (NYSE: HD) traded up 1.24% at $195.99. The stock’s 52-week range is $144.25 to $207.61. Volume was about 25% below the daily average of around 4.8 million. The company had no specific news.

Of the Dow stocks, 20 are on track to close higher Thursday and 10 are set to close lower.

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