Do Hedge Funds and Insiders Love C.R. Bard, Inc. (BCR)?

Page 1 of 2

Is C.R. Bard, Inc. (NYSE:BCR) a buy?

Now, according to many of your peers, hedge funds are viewed as useless, old financial tools of a forgotten age. Although there are In excess of 8,000 hedge funds trading currently, this site aim at the crème de la crème of this club, about 525 funds. Analysts calculate that this group controls most of all hedge funds’ total capital, and by paying attention to their highest performing stock picks, we’ve spotted a number of investment strategies that have historically outstripped the market. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points annually for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have trumped the S&P 500 index by 33 percentage points in 11 months (see all of our picks from August).

Equally as useful, positive insider trading sentiment is a second way to analyze the financial markets. As the old adage goes: there are a number of incentives for an insider to downsize shares of his or her company, but only one, very simple reason why they would behave bullishly. Many empirical studies have demonstrated the useful potential of this method if “monkeys” understand what to do (learn more here).

C.R. Bard, Inc.

Furthermore, it’s important to analyze the recent info for C.R. Bard, Inc. (NYSE:BCR).

How are hedge funds trading C.R. Bard, Inc. (NYSE:BCR)?

Heading into Q3, a total of 24 of the hedge funds we track held long positions in this stock, a change of -11% from the first quarter. With the smart money’s sentiment swirling, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their stakes substantially.

Out of the hedge funds we follow, Yacktman Asset Management, managed by Donald Yacktman, holds the biggest position in C.R. Bard, Inc. (NYSE:BCR). Yacktman Asset Management has a $1.0839 billion position in the stock, comprising 5.1% of its 13F portfolio. The second largest stake is held by David Blood and Al Gore of Generation Investment Management, with a $264.3 million position; the fund has 5.1% of its 13F portfolio invested in the stock. Some other hedge funds with similar optimism include Jim Simons’s Renaissance Technologies, Jeffrey Ubben’s ValueAct Capital and Andrew J. M. Spokes’s Farallon Capital.

As C.R. Bard, Inc. (NYSE:BCR) has witnessed dropping sentiment from the smart money’s best and brightest, logic holds that there is a sect of funds that slashed their positions entirely last quarter. Intriguingly, Jeffrey Ubben’s ValueAct Capital dropped the largest investment of all the hedgies we key on, comprising an estimated $364.5 million in stock. Neil Chriss’s fund, Hutchin Hill Capital, also sold off its stock, about $3 million worth. These transactions are interesting, as aggregate hedge fund interest dropped by 3 funds last quarter.

How have insiders been trading C.R. Bard, Inc. (NYSE:BCR)?

Bullish insider trading is at its handiest when the company in focus has experienced transactions within the past six months. Over the latest 180-day time period, C.R. Bard, Inc. (NYSE:BCR) has experienced zero unique insiders buying, and 16 insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to C.R. Bard, Inc. (NYSE:BCR). These stocks are Becton, Dickinson and Co. (NYSE:BDX), Mindray Medical International Ltd (ADR) (NYSE:MR), The Cooper Companies, Inc. (NYSE:COO), DENTSPLY International Inc. (NASDAQ:XRAY), and CareFusion Corporation (NYSE:CFN). This group of stocks belong to the medical instruments & supplies industry and their market caps resemble BCR’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!