Agilent Technologies Inc (A) Shares Sold by Bank of Nova Scotia

Bank of Nova Scotia lessened its stake in shares of Agilent Technologies Inc (NYSE:A) by 45.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,994 shares of the medical research company’s stock after selling 29,719 shares during the quarter. Bank of Nova Scotia’s holdings in Agilent Technologies were worth $2,164,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Toronto Dominion Bank grew its position in Agilent Technologies by 25.5% in the first quarter. Toronto Dominion Bank now owns 174,001 shares of the medical research company’s stock worth $11,639,000 after buying an additional 35,301 shares during the last quarter. Brinker Capital Inc. grew its position in Agilent Technologies by 14.2% in the first quarter. Brinker Capital Inc. now owns 6,334 shares of the medical research company’s stock worth $424,000 after buying an additional 788 shares during the last quarter. Natixis Advisors L.P. grew its position in Agilent Technologies by 21.8% in the first quarter. Natixis Advisors L.P. now owns 29,362 shares of the medical research company’s stock worth $1,964,000 after buying an additional 5,256 shares during the last quarter. First Republic Investment Management Inc. grew its position in Agilent Technologies by 6.1% in the first quarter. First Republic Investment Management Inc. now owns 16,286 shares of the medical research company’s stock worth $1,089,000 after buying an additional 931 shares during the last quarter. Finally, Norinchukin Bank The grew its position in Agilent Technologies by 14.9% in the first quarter. Norinchukin Bank The now owns 29,571 shares of the medical research company’s stock worth $1,978,000 after buying an additional 3,840 shares during the last quarter.

Several research firms have issued reports on A. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a research report on Tuesday, August 7th. Deutsche Bank lifted their price target on shares of Agilent Technologies from $77.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, August 15th. ValuEngine lowered shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, May 29th. Goldman Sachs Group upgraded shares of Agilent Technologies from a “buy” rating to a “conviction-buy” rating in a research report on Monday, September 17th. Finally, Morgan Stanley lifted their price target on shares of Agilent Technologies from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 15th. Ten investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of $77.22.

In other Agilent Technologies news, Director Paul N. Clark sold 2,876 shares of Agilent Technologies stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $68.60, for a total transaction of $197,293.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Heidi Fields sold 5,482 shares of Agilent Technologies stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $67.73, for a total transaction of $371,295.86. The disclosure for this sale can be found here.

Agilent Technologies stock opened at $70.38 on Wednesday. Agilent Technologies Inc has a 52 week low of $60.42 and a 52 week high of $75.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.62 and a quick ratio of 3.00. The company has a market capitalization of $22.54 billion, a P/E ratio of 29.82, a PEG ratio of 2.43 and a beta of 1.36.

Agilent Technologies (NYSE:A) last posted its quarterly earnings data on Tuesday, August 14th. The medical research company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.04. Agilent Technologies had a net margin of 6.20% and a return on equity of 18.61%. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the business posted $0.59 EPS. The company’s revenue was up 8.0% on a year-over-year basis. equities analysts forecast that Agilent Technologies Inc will post 2.71 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 24th. Investors of record on Tuesday, October 2nd will be paid a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Monday, October 1st. Agilent Technologies’s dividend payout ratio is 25.42%.

About Agilent Technologies

Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.

Further Reading: Outstanding Shares and The Effect on Share Price

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Institutional Ownership by Quarter for Agilent Technologies (NYSE:A)

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