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Thrivent Financial for Lutherans grew its stake in Bristol-Myers Squibb ( NYSE:BMY – Free Report ) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 116,801 shares of the biopharmaceutical company’s stock after buying an additional 5,407 shares during the period. Thrivent Financial for Lutherans’ holdings in Bristol-Myers Squibb were worth $6,044,000 at the end of the most recent reporting period. A number of other hedge funds have also recently modified their holdings of the stock. Reston Wealth Management LLC purchased a new position in shares of Bristol-Myers Squibb during the third quarter worth about $25,000. Hollencrest Capital Management increased its position in Bristol-Myers Squibb by 61.3% during the third quarter. Hollencrest Capital Management now owns 492 shares of the biopharmaceutical company’s stock worth $25,000 after buying an additional 187 shares during the period. Kennebec Savings Bank purchased a new stake in Bristol-Myers Squibb in the third quarter valued at approximately $28,000. Valued Wealth Advisors LLC boosted its holdings in shares of Bristol-Myers Squibb by 1,168.1% in the third quarter. Valued Wealth Advisors LLC now owns 596 shares of the biopharmaceutical company’s stock valued at $31,000 after acquiring an additional 549 shares during the period. Finally, LGT Financial Advisors LLC grew its position in shares of Bristol-Myers Squibb by 42.7% during the second quarter. LGT Financial Advisors LLC now owns 759 shares of the biopharmaceutical company’s stock worth $32,000 after acquiring an additional 227 shares during the last quarter. 76.41% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, SVP Phil M. Holzer sold 700 shares of the business’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $55.62, for a total value of $38,934.00. Following the completion of the transaction, the senior vice president now directly owns 11,760 shares of the company’s stock, valued at $654,091.20. The trade was a 5.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Also, EVP Samit Hirawat acquired 1,830 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were bought at an average cost of $54.67 per share, for a total transaction of $100,046.10. Following the purchase, the executive vice president now owns 62,109 shares of the company’s stock, valued at approximately $3,395,499.03. The trade was a 3.04 % increase in their ownership of the stock. The disclosure for this purchase can be found here . 0.09% of the stock is currently owned by company insiders. Wall Street Analyst Weigh In Get Our Latest Report on Bristol-Myers Squibb Bristol-Myers Squibb Trading Up 1.1 % Shares of BMY opened at $58.87 on Friday. The firm’s 50-day moving average is $53.66 and its two-hundred day moving average is $47.74. Bristol-Myers Squibb has a twelve month low of $39.35 and a twelve month high of $61.08. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 2.83. The firm has a market capitalization of $119.40 billion, a P/E ratio of -16.40, a PEG ratio of 15.62 and a beta of 0.44. Bristol-Myers Squibb ( NYSE:BMY – Get Free Report ) last issued its quarterly earnings data on Thursday, October 31st. The biopharmaceutical company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.31. The firm had revenue of $11.89 billion during the quarter, compared to analysts’ expectations of $11.26 billion. Bristol-Myers Squibb had a positive return on equity of 11.94% and a negative net margin of 15.30%. Bristol-Myers Squibb’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 earnings per share. On average, research analysts predict that Bristol-Myers Squibb will post 0.93 earnings per share for the current fiscal year. Bristol-Myers Squibb Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, October 4th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, October 4th. This represents a $2.40 annualized dividend and a yield of 4.08%. Bristol-Myers Squibb’s dividend payout ratio (DPR) is currently -66.85%. Bristol-Myers Squibb Profile ( Free Report ) Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for hematology, oncology, cardiovascular, immunology, fibrotic, and neuroscience diseases. The company's products include Eliquis for reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation, and for the treatment of DVT/PE; Opdivo for various anti-cancer indications, including bladder, blood, CRC, head and neck, RCC, HCC, lung, melanoma, MPM, stomach and esophageal cancer; Pomalyst/Imnovid for multiple myeloma; Orencia for active rheumatoid arthritis and psoriatic arthritis; and Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia. See Also Want to see what other hedge funds are holding BMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristol-Myers Squibb ( NYSE:BMY – Free Report ). Receive News & Ratings for Bristol-Myers Squibb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristol-Myers Squibb and related companies with MarketBeat.com's FREE daily email newsletter .None

For a radio station that doesn't care about ratings, 2MBS Fine Music Sydney has found an audience of loyal listeners all over the world. or signup to continue reading Veteran Drive program presenter Michael Morton-Evans even has one dedicated fan on the Isle of Wight in the UK, who sits by her fireplace to listen to his show. 2MBS was Australia's very first station on the FM radio band, hitting the airwaves at noon on December 15, 1974, beating Melbourne's 3MBS and Brisbane's 4ZZZ by a matter of months. The station in Sydney's St Leonards is celebrating 50 years of filling the airwaves with music - classical for the most part, but also jazz, blues and other genres. Morton-Evans has penned a history of 2MBS to mark the milestone, and believes it's the only volunteer-run station in the world to have lasted half a century. "It means everything to real lovers of classical music, we all love doing it, they all love listening to it," he told AAP. Ahead of a recent program, he's in the studio lining up traffic alerts and weather reports and just the right music to keep Sydney motorists calm during peak hour, starting with Russian composer Anton Arensky and Frenchman Georges Bizet. On a good day, the FM radio signal travels all the way to Newcastle and Wollongong, and Berrima in the southern highlands, while listeners further afield can tune in via the station's online stream and listening app. Three times a day the flow of classical music is interrupted by jazz programs, for those who happen to like that sort of thing, said Morton-Evans. "There's a sort of feeling around here among the jazz people that I don't like jazz, but it's not true - I do like jazz," he said. "Our jazz presenters are fantastic, they are so knowledgeable, they're almost worth listening to." One of those presenters, Jeannie McInnes, airs her popular program Jazz Rhythm with a different topic each week, ranging from Jackson Pollock's jazz playlist, to the sound of the colour green. "If you just want to hear the music, put on Spotify - if you want to learn something about the music, listen to the radio," she told AAP. Presenters such as Planet Jazz host Xavier Bichon revel in music of all kinds: a recent weekend saw him at a classical performance in the afternoon, and a Pearl Jam concert a few hours later. 2MBS does not rely on government grants and is entirely funded by its loyal listeners, some of whom have been very generous indeed. In 2010 one donor, Stefan Kruger, left the station $3 million in his will, enabling 2MBS to build a recording studio complete with grand piano, broadcast studios and a massive music library. Though most of the library is stored digitally these days, old technology is still kept on stand by including turntables, a reel to reel tape player, and a cassette deck. Before there was any of this equipment - or even a station to broadcast from - David James was the very first manager of 2MBS, helping it win a broadcast licence. Half a century later he still volunteers at the station, probably because he likes punishment, he jokes. "Radio is in my blood ... I just don't want to look at any other voluntary job anywhere." It's the people as much as the music, helped by the station's monthly wine and pizza nights, he said. There's also tea, coffee and biscuits on hand to fuel the station's 200 volunteers, such as former presenter Di Cox, 84. Cox has been volunteering at the station for 45 years and is still a regular visitor, selecting music for an upcoming program From Handel to Haydn. "Obviously I love it, because I've always said I'll never leave," she said. 2MBS is marking its milestone with a special retrospective program on Sunday at midday - exactly 50 years to the hour since its very first broadcast. It will also host a station open day on February 1, to commemorate its very first such event 50 years ago. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementJim Montgomery named new head coach of the St. Louis Blues

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