Thomson Horstmann & Bryant Inc. acquired a new stake in Utah Medical Products, Inc. (NASDAQ:UTMD) during the fourth quarter, HoldingsChannel reports. The firm acquired 43,531 shares of the medical instruments supplier’s stock, valued at approximately $3,543,000.

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

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

Utah Medical Products, Inc. (NASDAQ UTMD) opened at $80.00 on Thursday. Utah Medical Products, Inc. has a 1-year low of $58.50 and a 1-year high of $85.00. The company has a market capitalization of $304.96, a PE ratio of 21.74 and a beta of 0.78.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 15th were issued a $0.27 dividend. The ex-dividend date was Thursday, December 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.35%. This is an increase from Utah Medical Products’s previous quarterly dividend of $0.27. Utah Medical Products’s dividend payout ratio is presently 29.35%.

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Utah Medical Products Company 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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