Royce & Associates LP trimmed its position in Utah Medical Products, Inc. (NASDAQ:UTMD) by 5.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,087 shares of the medical instruments supplier’s stock after selling 2,113 shares during the quarter. Royce & Associates LP owned 0.92% of Utah Medical Products worth $2,507,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC raised its stake in Utah Medical Products by 3.3% during the second quarter. FMR LLC now owns 491,977 shares of the medical instruments supplier’s stock worth $35,619,000 after acquiring an additional 15,872 shares in the last quarter. Renaissance Technologies LLC raised its stake in Utah Medical Products by 15.1% during the second quarter. Renaissance Technologies LLC now owns 166,545 shares of the medical instruments supplier’s stock worth $12,058,000 after acquiring an additional 21,845 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Utah Medical Products by 1.6% during the third quarter. Dimensional Fund Advisors LP now owns 162,248 shares of the medical instruments supplier’s stock worth $11,934,000 after acquiring an additional 2,596 shares in the last quarter. State Street Corp raised its stake in Utah Medical Products by 9.6% during the second quarter. State Street Corp now owns 79,382 shares of the medical instruments supplier’s stock worth $5,746,000 after acquiring an additional 6,925 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Utah Medical Products by 0.6% during the second quarter. Northern Trust Corp now owns 53,294 shares of the medical instruments supplier’s stock worth $3,858,000 after acquiring an additional 305 shares in the last quarter. Institutional investors and hedge funds own 66.67% of the company’s stock.

Utah Medical Products, Inc. (UTMD) opened at $82.60 on Thursday. Utah Medical Products, Inc. has a 12 month low of $58.50 and a 12 month high of $85.00. The stock has a market capitalization of $312.72, a price-to-earnings ratio of 22.84 and a beta of 0.78.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 15th will be paid a dividend of $0.27 per share. This is a positive change from Utah Medical Products’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 14th. Utah Medical Products’s dividend payout ratio is currently 29.35%.

Separately, BidaskClub upgraded Utah Medical Products from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th.

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Utah Medical Products Profile

Utah Medical Products, Inc (UTMD) is engaged in the business of producing medical devices that are disposable and for hospital use. The Company’s product categories include labor and delivery/obstetrics, including fetal monitoring accessories, Vacuum-Assisted Delivery Systems (VAD), and other labor and delivery tools; neonatal intensive care, including DISPOSA-HOOD, DELTRAN PLUS and GESCO; gynecology/urology/electrosurgery, including LETZ System, FINESSE+ Generator, EPITOME, PATHFINDER PLUS, HOLMIUM LASER FIBRES, LIBERTY System, ENDOCURETTE, TVUS/HSG-Cath and LUMIN, and blood pressure monitoring, including DELTRAN Disposable Pressure Transducer (DPT), and pressure monitoring accessories, components and other molded parts.

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Institutional Ownership by Quarter for Utah Medical Products (NASDAQ:UTMD)

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