ICU Medical, Inc. (ICUI) Holdings Lifted by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its holdings in ICU Medical, Inc. (NASDAQ:ICUI) by 17.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,684,094 shares of the medical instruments supplier’s stock after buying an additional 251,793 shares during the period. Janus Henderson Group PLC owned approximately 8.37% of ICU Medical worth $312,989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Alps Advisors Inc. increased its position in ICU Medical by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 3,130 shares of the medical instruments supplier’s stock worth $540,000 after buying an additional 8 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of ICU Medical by 4.0% during the second quarter. Ameritas Investment Partners Inc. now owns 1,321 shares of the medical instruments supplier’s stock valued at $228,000 after purchasing an additional 51 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of ICU Medical by 10.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 707 shares of the medical instruments supplier’s stock valued at $122,000 after purchasing an additional 66 shares during the period. Martingale Asset Management L P increased its position in shares of ICU Medical by 0.3% during the second quarter. Martingale Asset Management L P now owns 38,703 shares of the medical instruments supplier’s stock valued at $6,677,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System increased its position in shares of ICU Medical by 1.3% during the second quarter. Arizona State Retirement System now owns 7,874 shares of the medical instruments supplier’s stock valued at $1,358,000 after purchasing an additional 100 shares during the period. 78.15% of the stock is currently owned by institutional investors.

Shares of ICU Medical, Inc. (ICUI) opened at $210.80 on Friday. The stock has a market capitalization of $4,243.61, a P/E ratio of 82.67, a PEG ratio of 3.38 and a beta of 0.36. The company has a current ratio of 4.65, a quick ratio of 3.01 and a debt-to-equity ratio of 0.07. ICU Medical, Inc. has a 1 year low of $127.00 and a 1 year high of $218.45.

ICU Medical (NASDAQ:ICUI) last released its quarterly earnings data on Thursday, November 9th. The medical instruments supplier reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.35. The business had revenue of $343.20 million for the quarter, compared to analysts’ expectations of $328.56 million. ICU Medical had a return on equity of 4.81% and a net margin of 2.79%. ICU Medical’s quarterly revenue was up 253.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.35 earnings per share. analysts predict that ICU Medical, Inc. will post 3.95 EPS for the current year.

A number of analysts have recently issued reports on ICUI shares. Zacks Investment Research cut ICU Medical from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 15th. BidaskClub upgraded ICU Medical from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, KeyCorp started coverage on ICU Medical in a research report on Tuesday, October 17th. They set a “sector weight” rating on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. ICU Medical has a consensus rating of “Hold” and an average price target of $232.00.

In related news, Chairman Vivek Jain sold 97,795 shares of the business’s stock in a transaction on Friday, October 20th. The stock was sold at an average price of $190.00, for a total value of $18,581,050.00. Following the sale, the chairman now owns 67,680 shares of the company’s stock, valued at approximately $12,859,200. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert S. Swinney sold 463 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $181.25, for a total value of $83,918.75. Following the completion of the sale, the director now directly owns 14,330 shares in the company, valued at approximately $2,597,312.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 119,663 shares of company stock worth $22,887,437. 13.60% of the stock is currently owned by company insiders.

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About ICU Medical

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.

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

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