AHL Partners LLP lifted its holdings in Masimo Corporation (NASDAQ:MASI) by 27.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,522 shares of the medical equipment provider’s stock after acquiring an additional 38,599 shares during the period. Masimo Corporation accounts for approximately 0.4% of AHL Partners LLP’s holdings, making the stock its 14th biggest holding. AHL Partners LLP owned 0.35% of Masimo Corporation worth $16,460,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sectoral Asset Management Inc lifted its stake in Masimo Corporation by 37.5% in the second quarter. Sectoral Asset Management Inc now owns 73,300 shares of the medical equipment provider’s stock worth $6,683,000 after purchasing an additional 20,000 shares during the last quarter. Tudor Investment Corp ET AL lifted its stake in Masimo Corporation by 44.6% in the second quarter. Tudor Investment Corp ET AL now owns 4,771 shares of the medical equipment provider’s stock worth $435,000 after purchasing an additional 1,471 shares during the last quarter. QS Investors LLC lifted its stake in Masimo Corporation by 3.4% in the second quarter. QS Investors LLC now owns 35,169 shares of the medical equipment provider’s stock worth $3,207,000 after purchasing an additional 1,169 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in Masimo Corporation by 0.4% in the second quarter. Hillsdale Investment Management Inc. now owns 15,870 shares of the medical equipment provider’s stock worth $1,447,000 after purchasing an additional 70 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in Masimo Corporation by 4.3% in the second quarter. Voya Investment Management LLC now owns 398,758 shares of the medical equipment provider’s stock worth $36,358,000 after purchasing an additional 16,529 shares during the last quarter. 83.21% of the stock is owned by hedge funds and other institutional investors.

Masimo Corporation (MASI) traded up 1.94% during mid-day trading on Friday, hitting $86.56. 480,668 shares of the stock traded hands. The stock has a 50-day moving average price of $85.78 and a 200-day moving average price of $90.95. Masimo Corporation has a 12 month low of $53.78 and a 12 month high of $104.71. The stock has a market cap of $4.50 billion, a P/E ratio of 14.19 and a beta of 0.84.

Masimo Corporation (NASDAQ:MASI) last issued its quarterly earnings data on Wednesday, August 2nd. The medical equipment provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. Masimo Corporation had a net margin of 45.90% and a return on equity of 23.45%. The firm had revenue of $192.90 million for the quarter, compared to analyst estimates of $189.03 million. During the same period in the prior year, the business posted $0.57 EPS. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, equities analysts forecast that Masimo Corporation will post $2.80 earnings per share for the current year.

In other news, COO Anand Sampath sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $92.00, for a total value of $3,680,000.00. Following the transaction, the chief operating officer now directly owns 20,000 shares in the company, valued at approximately $1,840,000. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sanford Fitch sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, July 13th. The stock was sold at an average price of $91.89, for a total transaction of $551,340.00. Following the completion of the transaction, the director now owns 89,249 shares in the company, valued at $8,201,090.61. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 112,000 shares of company stock worth $10,444,090. Company insiders own 16.60% of the company’s stock.

Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Masimo Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub downgraded shares of Masimo Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Roth Capital raised their price objective on shares of Masimo Corporation from $96.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, July 19th. BTIG Research raised shares of Masimo Corporation from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Monday, August 14th. Finally, Stifel Nicolaus assumed coverage on shares of Masimo Corporation in a research note on Monday, July 10th. They issued a “buy” rating and a $105.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $95.00.

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Masimo Corporation Company Profile

Masimo Corporation is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The Company’s business is Measure-through Motion and Low Perfusion pulse oximetry monitoring, known as Masimo Signal Extraction Technology (SET) pulse oximetry.

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Institutional Ownership by Quarter for Masimo Corporation (NASDAQ:MASI)

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