5 52-Week Low Dividend Stocks To Consider

2. Baxter International Inc. (NYSE:BAX)

Number of Hedge Fund Holders: 42

Baxter International Inc. (NYSE:BAX) is an Illinois-based healthcare company. Baxter International Inc. (NYSE:BAX) is hovering around near its 52-week low. Baxter International Inc. (NYSE:BAX) has a dividend yield of about 2.6% as of January 17. Bank of America recently downgraded Baxter International (NYSE:BAX), citing replacement capex. BofA trimmed its price target for Baxter International Inc. (NYSE:BAX) to $55 from $66.  Wells Fargo analyst Larry Biegelsen decreased the price target for Baxter International Inc. (NYSE:BAX) to $52 from $57 earlier this month. The price target cut came after Baxter International Inc. (NYSE:BAX) announced to spin off its Renal and Acute Therapies units into an independent company and explore strategic alternatives for BPS.