According to the company’s most recent filing with the SEC, which was done during the third quarter, Bahl & Gaynor INC sold off 34.4% of its shares of Teleflex Incorporated (NYSE: TFX).
The company now owns 20,757 shares of the company’s stock after selling 10,873 shares of the stock during the quarter in question.
The company in question is a medical technology company.
The most recent disclosure that Bahl & Gaynor INC made with the SEC indicated that the value of the company’s shares in Teleflex was $4,182,000.
Several institutional investors recently changed the percentage of the company’s stock in their portfolios.
These investors made these changes in response to recent market events.
During the second quarter, Price T. Rowe Associates INC (MD) achieved a 20.3% increase in its ownership stake in Teleflex.
Price T. Rowe Associates INC now owns 8,335,146 shares of the medical technology company’s stock, valued at $2,049,196,000.
This is because the company made an additional purchase of 1,407,946 shares during the most recent quarter. Vanguard Group INC increased the percentage of Teleflex stock held by 1.7% over the year’s first three months. Vanguard Group INC now has 5,147,062 shares of the medical technology company’s stock, currently valued at $1,826,333,000.
This was made possible due to acquiring an additional 83,858 shares during the period in question.
During the second quarter, State Street Corporation achieved a 2.2% increase in the proportion of Teleflex stock that it owned. Following the acquisition of an additional 43,265 shares during the most recent fiscal quarter, State Street Corp. now holds 1,977,239 shares of the stock issued by the medical technology company, which have a market value of $486,104,000.
During the third quarter, Ceredex Value Advisors LLC made a 12.6% purchase of additional Teleflex stock, bringing its total holdings of the company’s shares to a total of 58.4%. Ceredex Value Advisors LLC now owns 877,887 shares of the company’s stock, valued at $176,859,000, after purchasing an additional 98,363 shares of the medical technology company’s stock during the most recent period.
This brings the total number of shares owned by the firm to 877,887.
TD Asset Management INC, not to be outdone, increased the percentage of Teleflex stock it owns by 2.0% during the third quarter to compete with other investors.
TD Asset Management INC now has 532,817 shares of the medical technology company’s stock following the purchase of an additional 10,531 shares during the most recent quarter.
The stock has a total value of $108,679,000 after TD Asset Management INC’s purchase. Shares of the company are currently held by institutional investors and hedge funds, which account for 93.82% of the total.
The NYSE TFX started the trading day on Wednesday for $241.33.
The price of a share of the company’s stock is currently trading at $247.09, which is higher than its price of $230.44, its 200-day moving average price. Over the last 52 weeks, the price of Teleflex Corporation has ranged from its all-time low of $182.65 to its all-time high of $356.72 at one point.
The company’s market capitalization is $11.32 billion, which can be attributed in part to its PE ratio of 27,68, its PEG ratio of 2,79, and its beta value.