Teachers Retirement System of The State of Kentucky decreased its position in Atrion Co. (NASDAQ:ATRI) by 9.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,339 shares of the medical instruments supplier’s stock after selling 241 shares during the quarter. Teachers Retirement System of The State of Kentucky owned 0.13% of Atrion worth $1,505,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Legal & General Group Plc raised its holdings in Atrion by 4.3% in the second quarter. Legal & General Group Plc now owns 336 shares of the medical instruments supplier’s stock valued at $216,000 after acquiring an additional 14 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Atrion by 0.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 6,183 shares of the medical instruments supplier’s stock worth $3,978,000 after purchasing an additional 19 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Atrion by 17.7% during the second quarter. Victory Capital Management Inc. now owns 438 shares of the medical instruments supplier’s stock worth $282,000 after purchasing an additional 66 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Atrion by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 10,258 shares of the medical instruments supplier’s stock worth $6,600,000 after purchasing an additional 76 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in Atrion by 4,800.0% during the second quarter. BNP Paribas Arbitrage SA now owns 196 shares of the medical instruments supplier’s stock worth $126,000 after purchasing an additional 192 shares in the last quarter. 59.72% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, Chairman Emile A. Battat sold 1,408 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $652.91, for a total transaction of $919,297.28. Following the completion of the transaction, the chairman now directly owns 148,881 shares in the company, valued at approximately $97,205,893.71. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 24.23% of the company’s stock.

Shares of Atrion Co. (NASDAQ:ATRI) opened at 670.95 on Friday. Atrion Co. has a 12-month low of $418.00 and a 12-month high of $694.00. The firm’s 50-day moving average is $647.24 and its 200-day moving average is $583.68. The firm has a market cap of $1.24 billion, a PE ratio of 37.59 and a beta of 0.92.

Atrion (NASDAQ:ATRI) last released its quarterly earnings results on Tuesday, August 8th. The medical instruments supplier reported $5.40 earnings per share for the quarter. The firm had revenue of $36.16 million during the quarter. Atrion had a return on equity of 23.65% and a net margin of 27.72%. Equities analysts expect that Atrion Co. will post $9.90 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were paid a dividend of $1.20 per share. This is a boost from Atrion’s previous quarterly dividend of $1.05. This represents a $4.80 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Thursday, September 14th. Atrion’s dividend payout ratio is 26.88%.

Separately, BidaskClub raised shares of Atrion from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 29th.

Atrion Company Profile

Atrion Corporation (Atrion) is engaged in developing and manufacturing products, primarily for medical applications. The Company’s medical products range from fluid delivery devices to ophthalmic and cardiovascular products. Its fluid delivery products include valves that promote infection control and needle safety.

Institutional Ownership by Quarter for Atrion (NASDAQ:ATRI)

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