Seizert Capital Partners LLC Buys 2,112 Shares of Utah Medical Products, Inc. (NASDAQ:UTMD)

Seizert Capital Partners LLC boosted its holdings in shares of Utah Medical Products, Inc. (NASDAQ:UTMD) by 58.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,736 shares of the medical instruments supplier’s stock after buying an additional 2,112 shares during the period. Seizert Capital Partners LLC owned approximately 0.16% of Utah Medical Products worth $384,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Copeland Capital Management LLC purchased a new stake in Utah Medical Products during the third quarter valued at about $53,000. Allspring Global Investments Holdings LLC purchased a new stake in Utah Medical Products during the second quarter valued at about $83,000. Victory Capital Management Inc. raised its position in Utah Medical Products by 124.4% during the second quarter. Victory Capital Management Inc. now owns 2,673 shares of the medical instruments supplier’s stock valued at $179,000 after purchasing an additional 1,482 shares in the last quarter. EntryPoint Capital LLC raised its position in Utah Medical Products by 124.1% during the first quarter. EntryPoint Capital LLC now owns 3,240 shares of the medical instruments supplier’s stock valued at $230,000 after purchasing an additional 1,794 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in Utah Medical Products during the third quarter valued at about $231,000. Institutional investors own 69.60% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Utah Medical Products Trading Down 0.7 %

UTMD opened at $66.05 on Monday. The company has a market cap of $223.91 million, a P/E ratio of 15.47 and a beta of 0.08. The business’s 50-day moving average price is $66.03 and its 200-day moving average price is $67.34. Utah Medical Products, Inc. has a 12 month low of $63.38 and a 12 month high of $87.21.

Utah Medical Products Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 16th will be issued a $0.305 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.22 annualized dividend and a dividend yield of 1.85%. This is an increase from Utah Medical Products’s previous quarterly dividend of $0.30. Utah Medical Products’s payout ratio is currently 28.10%.

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.