Federated Investors Inc. PA Sells 2,896 Shares of St Jude Medical Inc (STJ)

Federated Investors Inc. PA reduced its stake in St Jude Medical Inc (NYSE:STJ) by 43.4% during the fourth quarter, Holdings Channel reports. The firm owned 3,782 shares of the medical technology company’s stock after selling 2,896 shares during the period. Federated Investors Inc. PA’s holdings in St Jude Medical were worth $303,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. FNY Managed Accounts LLC bought a new position in St Jude Medical during the third quarter valued at approximately $100,000. First New York Securities LLC NY increased its stake in St Jude Medical by 70.0% in the third quarter. First New York Securities LLC NY now owns 1,700 shares of the medical technology company’s stock worth $136,000 after buying an additional 700 shares during the last quarter. Global X Management Co. LLC increased its stake in St Jude Medical by 157.8% in the third quarter. Global X Management Co. LLC now owns 1,784 shares of the medical technology company’s stock worth $142,000 after buying an additional 1,092 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in St Jude Medical during the third quarter worth about $202,000. Finally, Bessemer Group Inc. increased its stake in St Jude Medical by 74.9% in the fourth quarter. Bessemer Group Inc. now owns 2,546 shares of the medical technology company’s stock worth $204,000 after buying an additional 1,090 shares during the last quarter. 82.73% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for St Jude Medical (NYSE:STJ)

Shares of St Jude Medical Inc (NYSE:STJ) opened at 80.82 on Tuesday. St Jude Medical Inc has a 1-year low of $48.83 and a 1-year high of $84.00. The company’s 50-day moving average is $79.81 and its 200-day moving average is $79.88.

WARNING: “Federated Investors Inc. PA Sells 2,896 Shares of St Jude Medical Inc (STJ)” was first reported by Mideast Time and is the sole property of of Mideast Time. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.mideasttime.com/federated-investors-inc-pa-sells-2896-shares-of-st-jude-medical-inc-stj/1590060.html.

About St Jude Medical

St. Jude Medical, Inc is focused on the development, manufacture and distribution of cardiovascular medical devices for the global cardiac rhythm management, cardiovascular and atrial fibrillation therapy areas, and interventional pain therapy and neurostimulation devices for the management of chronic pain and movement disorders.

5 Day Chart for NYSE:STJ

Want to see what other hedge funds are holding STJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for St Jude Medical Inc (NYSE:STJ).

Receive News & Ratings for St Jude Medical Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St Jude Medical Inc and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.