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
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

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!