Isthmus Partners LLC Purchases 478 Shares of Utah Medical Products, Inc. (NASDAQ:UTMD)

Isthmus Partners LLC grew its position in Utah Medical Products, Inc. (NASDAQ:UTMD) by 2.9% during the second quarter, HoldingsChannel reports. The firm owned 17,093 shares of the medical instruments supplier’s stock after buying an additional 478 shares during the period. Isthmus Partners LLC’s holdings in Utah Medical Products were worth $1,454,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of Utah Medical Products in the 1st quarter valued at $830,000. The Manufacturers Life Insurance Company bought a new stake in shares of Utah Medical Products in the 1st quarter valued at $213,000. Geode Capital Management LLC boosted its stake in shares of Utah Medical Products by 1.5% in the 1st quarter. Geode Capital Management LLC now owns 53,922 shares of the medical instruments supplier’s stock valued at $4,669,000 after purchasing an additional 793 shares during the last quarter. Jane Street Group LLC bought a new position in Utah Medical Products during the first quarter worth $200,000. Finally, Franklin Resources Inc. bought a new position in Utah Medical Products during the first quarter worth $1,340,000. 71.40% of the stock is currently owned by institutional investors.

Separately, TheStreet raised shares of Utah Medical Products from a “c+” rating to a “b-” rating in a research note on Tuesday, July 27th.

NASDAQ UTMD traded up $0.98 on Wednesday, hitting $91.07. 15,078 shares of the company were exchanged, compared to its average volume of 9,848. The company has a market cap of $332.04 million, a PE ratio of 26.02 and a beta of 0.24. Utah Medical Products, Inc. has a 12 month low of $77.80 and a 12 month high of $95.64. The stock has a fifty day moving average of $87.46 and a 200-day moving average of $87.10.

Utah Medical Products (NASDAQ:UTMD) last released its quarterly earnings data on Thursday, July 22nd. The medical instruments supplier reported $0.94 earnings per share for the quarter. Utah Medical Products had a net margin of 27.78% and a return on equity of 12.38%. The firm had revenue of $12.60 million for the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 5th. Shareholders of record on Thursday, September 16th will be issued a dividend of $0.285 per share. The ex-dividend date is Wednesday, September 15th. This represents a $1.14 annualized dividend and a yield of 1.25%.

In other Utah Medical Products news, Director Barbara A. Payne sold 1,000 shares of the company’s stock in a transaction on Monday, August 30th. The shares were sold at an average price of $88.47, for a total transaction of $88,470.00. Following the transaction, the director now owns 10,838 shares in the company, valued at $958,837.86. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 2,000 shares of company stock worth $176,470. Corporate insiders own 7.00% of the company’s stock.

About Utah Medical Products

Utah Medical Products, Inc engages in the manufacturing, developing, and marketing of disposable and reusable medical devices. It focuses on the healthcare of women and babies. Its products are used for blood pressure monitoring and blood collection, electrosurgery, gynecology, neonatal critical care, perinatology, and urology.

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Institutional Ownership by Quarter for Utah Medical Products (NASDAQ:UTMD)

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