RidgeWorth Capital Management LLC Sells 262 Shares of ICU Medical, Incorporated (ICUI)

RidgeWorth Capital Management LLC decreased its position in ICU Medical, Incorporated (NASDAQ:ICUI) by 6.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,084 shares of the medical instruments supplier’s stock after selling 262 shares during the period. RidgeWorth Capital Management LLC’s holdings in ICU Medical, were worth $624,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Picton Mahoney Asset Management increased its position in ICU Medical, by 1,433.3% in the third quarter. Picton Mahoney Asset Management now owns 13,800 shares of the medical instruments supplier’s stock worth $1,744,000 after buying an additional 12,900 shares in the last quarter. Gotham Asset Management LLC increased its position in ICU Medical, by 33.3% in the third quarter. Gotham Asset Management LLC now owns 55,374 shares of the medical instruments supplier’s stock worth $6,998,000 after buying an additional 13,845 shares in the last quarter. Hartford Investment Management Co. increased its position in ICU Medical, by 2.5% in the third quarter. Hartford Investment Management Co. now owns 18,271 shares of the medical instruments supplier’s stock worth $2,309,000 after buying an additional 439 shares in the last quarter. California State Teachers Retirement System increased its position in ICU Medical, by 0.6% in the third quarter. California State Teachers Retirement System now owns 31,137 shares of the medical instruments supplier’s stock worth $3,935,000 after buying an additional 200 shares in the last quarter. Finally, State of Tennessee Treasury Department increased its position in ICU Medical, by 2.8% in the third quarter. State of Tennessee Treasury Department now owns 11,580 shares of the medical instruments supplier’s stock worth $1,463,000 after buying an additional 315 shares in the last quarter. 88.72% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for ICU Medical, (NASDAQ:ICUI)

Shares of ICU Medical, Incorporated (NASDAQ:ICUI) traded up 1.18% during trading on Friday, hitting $163.15. 135,908 shares of the company were exchanged. The company has a 50 day moving average of $154.23 and a 200-day moving average of $148.00. ICU Medical, Incorporated has a 1-year low of $100.27 and a 1-year high of $175.73. The stock has a market capitalization of $3.23 billion, a PE ratio of 29.00 and a beta of 0.33.

ICU Medical, (NASDAQ:ICUI) last issued its quarterly earnings results on Wednesday, May 10th. The medical instruments supplier reported $1.68 earnings per share for the quarter, beating the consensus estimate of $0.45 by $1.23. ICU Medical, had a return on equity of 10.70% and a net margin of 15.18%. The firm had revenue of $247.74 million during the quarter, compared to the consensus estimate of $237.12 million. During the same period last year, the company earned $1.26 earnings per share. The company’s revenue was up 175.7% on a year-over-year basis. On average, analysts forecast that ICU Medical, Incorporated will post $4.14 earnings per share for the current year.

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A number of research firms have issued reports on ICUI. Roth Capital downgraded shares of ICU Medical, from a “buy” rating to a “neutral” rating in a report on Thursday, May 11th. They noted that the move was a valuation call. Zacks Investment Research raised shares of ICU Medical, from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 9th.

In related news, VP Virginia Ruth Sanzone sold 681 shares of ICU Medical, stock in a transaction dated Monday, March 6th. The stock was sold at an average price of $148.38, for a total value of $101,046.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Steven Riggs sold 31,250 shares of ICU Medical, stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $151.99, for a total value of $4,749,687.50. Following the completion of the sale, the vice president now owns 17,576 shares of the company’s stock, valued at $2,671,376.24. The disclosure for this sale can be found here. Insiders sold a total of 84,428 shares of company stock valued at $12,994,882 over the last quarter. 15.90% of the stock is owned by corporate insiders.

ICU Medical, Company Profile

ICU Medical, Inc is engaged in the development, manufacture and sales of medical devices used in infusion therapy, oncology and critical care applications. The Company’s product line includes needlefree connection devices, custom infusion sets, closed system transfer devices (CSTD) for the handling of hazardous drugs, advanced sensor catheters, needlefree closed blood sampling systems, disposable pressure transducer systems and hemodynamic monitoring systems.

5 Day Chart for NASDAQ:ICUI

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