RTI Surgical (RTIX) Stake Lifted by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of RTI Surgical (NASDAQ:RTIX) by 117.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 209,499 shares of the medical equipment provider’s stock after acquiring an additional 113,003 shares during the quarter. Deutsche Bank AG’s holdings in RTI Surgical were worth $857,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Foundry Partners LLC increased its stake in shares of RTI Surgical by 35.8% during the fourth quarter. Foundry Partners LLC now owns 1,107,745 shares of the medical equipment provider’s stock worth $4,542,000 after acquiring an additional 292,320 shares during the period. Paradigm Capital Management Inc. NY increased its stake in shares of RTI Surgical by 2.3% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 5,930,217 shares of the medical equipment provider’s stock worth $24,314,000 after acquiring an additional 131,052 shares during the period. Strs Ohio boosted its holdings in RTI Surgical by 10.3% during the fourth quarter. Strs Ohio now owns 157,000 shares of the medical equipment provider’s stock worth $643,000 after buying an additional 14,700 shares in the last quarter. SG Americas Securities LLC purchased a new stake in RTI Surgical during the fourth quarter worth about $113,000. Finally, Schwab Charles Investment Management Inc. boosted its holdings in RTI Surgical by 16.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 108,300 shares of the medical equipment provider’s stock worth $445,000 after buying an additional 15,000 shares in the last quarter. Institutional investors and hedge funds own 69.54% of the company’s stock.

RTIX has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of RTI Surgical from a “hold” rating to a “sell” rating in a report on Tuesday, March 6th. BidaskClub raised shares of RTI Surgical from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Finally, Craig Hallum raised shares of RTI Surgical from a “hold” rating to a “buy” rating in a report on Friday, March 2nd.

RTIX stock opened at $4.50 on Thursday. The company has a market cap of $282.25 million, a PE ratio of 90.00, a P/E/G ratio of 2.97 and a beta of 1.58. The company has a current ratio of 3.50, a quick ratio of 1.39 and a debt-to-equity ratio of 0.23.

RTI Surgical (NASDAQ:RTIX) last released its quarterly earnings data on Thursday, May 3rd. The medical equipment provider reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $69.89 million for the quarter, compared to the consensus estimate of $68.70 million. RTI Surgical had a net margin of 2.57% and a return on equity of 2.51%. analysts forecast that RTI Surgical will post 0.1 EPS for the current year.

About RTI Surgical

RTI Surgical, Inc, together with its subsidiaries, designs, develops, manufactures, and distributes biologic, metal, and synthetic implants worldwide. It processes donated human musculoskeletal and other tissues, as well as bovine and porcine animal tissues to produce allograft and xenograft implants by using its proprietary BIOCLEANSE, TUTOPLAST, and CANCELLE SP sterilization processes.

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Institutional Ownership by Quarter for RTI Surgical (NASDAQ:RTIX)

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