SG Americas Securities LLC Invests $157,000 in Utah Medical Products, Inc. (NASDAQ:UTMD)

SG Americas Securities LLC acquired a new stake in Utah Medical Products, Inc. (NASDAQ:UTMD) in the fourth quarter, Holdings Channel.com reports. The fund acquired 2,552 shares of the medical instruments supplier’s stock, valued at approximately $157,000.

Several other hedge funds have also made changes to their positions in UTMD. Copeland Capital Management LLC acquired a new stake in shares of Utah Medical Products during the third quarter valued at about $53,000. BNP Paribas Financial Markets raised its holdings in Utah Medical Products by 102.7% in the third quarter. BNP Paribas Financial Markets now owns 1,117 shares of the medical instruments supplier’s stock valued at $75,000 after acquiring an additional 566 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Utah Medical Products during the 3rd quarter worth $207,000. GSA Capital Partners LLP acquired a new position in shares of Utah Medical Products during the 3rd quarter worth about $231,000. Finally, Martingale Asset Management L P boosted its holdings in Utah Medical Products by 5.3% in the third quarter. Martingale Asset Management L P now owns 3,968 shares of the medical instruments supplier’s stock valued at $266,000 after purchasing an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 69.60% of the company’s stock.

Utah Medical Products Stock Down 0.1 %

NASDAQ UTMD opened at $59.85 on Monday. The business’s 50-day moving average price is $62.04 and its 200 day moving average price is $64.99. The firm has a market cap of $202.89 million, a P/E ratio of 15.15 and a beta of 0.08. Utah Medical Products, Inc. has a 52-week low of $58.87 and a 52-week high of $77.33.

Utah Medical Products (NASDAQ:UTMD) last released its earnings results on Tuesday, January 28th. The medical instruments supplier reported $0.86 EPS for the quarter. Utah Medical Products had a net margin of 33.92% and a return on equity of 11.07%.

Utah Medical Products Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Friday, March 14th will be paid a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 2.04%. Utah Medical Products’s dividend payout ratio (DPR) is presently 30.89%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Utah Medical Products from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 7th.

Utah Medical Products Profile

Utah Medical Products, Inc develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems.