Mutual of America Capital Management LLC Increases Stake in ICU Medical, Incorporated (ICUI)

Mutual of America Capital Management LLC grew its position in shares of ICU Medical, Incorporated (NASDAQ:ICUI) by 123.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,052 shares of the medical instruments supplier’s stock after buying an additional 5,552 shares during the quarter. Mutual of America Capital Management LLC’s holdings in ICU Medical were worth $2,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ICUI. California Public Employees Retirement System lifted its holdings in shares of ICU Medical by 8.1% during the 2nd quarter. California Public Employees Retirement System now owns 26,800 shares of the medical instruments supplier’s stock valued at $4,623,000 after buying an additional 2,000 shares during the last quarter. Parametric Portfolio Associates LLC lifted its holdings in shares of ICU Medical by 11.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 29,688 shares of the medical instruments supplier’s stock valued at $5,121,000 after buying an additional 2,973 shares during the last quarter. Voya Investment Management LLC lifted its holdings in shares of ICU Medical by 22.8% during the 2nd quarter. Voya Investment Management LLC now owns 7,008 shares of the medical instruments supplier’s stock valued at $1,209,000 after buying an additional 1,303 shares during the last quarter. Shelton Capital Management acquired a new stake in shares of ICU Medical during the 2nd quarter valued at about $254,000. Finally, State Street Corp lifted its holdings in shares of ICU Medical by 5.1% during the 2nd quarter. State Street Corp now owns 388,207 shares of the medical instruments supplier’s stock valued at $66,963,000 after buying an additional 18,895 shares during the last quarter. Institutional investors and hedge funds own 77.82% of the company’s stock.

Shares of ICU Medical, Incorporated (NASDAQ:ICUI) opened at $219.00 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.01 and a current ratio of 4.65. ICU Medical, Incorporated has a 1-year low of $142.01 and a 1-year high of $240.20. The stock has a market capitalization of $4,407.58, a PE ratio of 142.21, a PEG ratio of 2.31 and a beta of 0.42.

In related news, Director George A. Lopez sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $205.83, for a total value of $1,029,150.00. Following the transaction, the director now directly owns 573,916 shares of the company’s stock, valued at approximately $118,129,130.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Scott E. Lamb sold 23,624 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $220.00, for a total value of $5,197,280.00. Following the completion of the transaction, the chief financial officer now directly owns 29,723 shares in the company, valued at $6,539,060. The disclosure for this sale can be found here. Insiders sold a total of 32,348 shares of company stock worth $7,043,790 over the last three months. 13.60% of the stock is owned by company insiders.

Several brokerages have recently issued reports on ICUI. KeyCorp began coverage on ICU Medical in a report on Tuesday, October 17th. They set a “sector weight” rating for the company. Zacks Investment Research upgraded ICU Medical from a “hold” rating to a “buy” rating and set a $266.00 price target for the company in a report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $266.00.

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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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