Crossmark Global Holdings Inc. raised its holdings in Teleflex Incorporated (NYSE:TFX) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,796 shares of the medical technology company’s stock after purchasing an additional 312 shares during the period. Crossmark Global Holdings Inc.’s holdings in Teleflex were worth $1,442,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. American Century Companies Inc. raised its position in shares of Teleflex by 41.6% in the 3rd quarter. American Century Companies Inc. now owns 1,187,909 shares of the medical technology company’s stock valued at $287,438,000 after buying an additional 348,829 shares in the last quarter. Mackay Shields LLC acquired a new position in shares of Teleflex in the 3rd quarter valued at approximately $29,644,000. Scout Investments Inc. acquired a new position in shares of Teleflex in the 3rd quarter valued at approximately $14,156,000. Strs Ohio raised its position in shares of Teleflex by 362.9% in the 3rd quarter. Strs Ohio now owns 72,069 shares of the medical technology company’s stock valued at $17,438,000 after buying an additional 56,500 shares in the last quarter. Finally, Perceptive Advisors LLC acquired a new position in shares of Teleflex in the 3rd quarter valued at approximately $13,357,000. 89.22% of the stock is owned by hedge funds and other institutional investors.

TFX has been the subject of several analyst reports. Needham & Company LLC boosted their target price on shares of Teleflex from $237.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Jefferies Group boosted their target price on shares of Teleflex from $270.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Morgan Stanley boosted their target price on shares of Teleflex from $274.00 to $290.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Piper Jaffray Companies initiated coverage on shares of Teleflex in a research report on Friday, November 10th. They issued an “overweight” rating and a $295.00 target price for the company. Finally, Deutsche Bank cut shares of Teleflex from a “buy” rating to a “hold” rating and set a $251.00 target price for the company. in a research report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $283.89.

In related news, Director George Babich, Jr. sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $252.57, for a total transaction of $631,425.00. Following the completion of the transaction, the director now directly owns 10,259 shares in the company, valued at approximately $2,591,115.63. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stephen K. M.D. Klasko sold 200 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $265.32, for a total transaction of $53,064.00. Following the transaction, the director now owns 8,080 shares of the company’s stock, valued at $2,143,785.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,100 shares of company stock valued at $2,671,994. 2.39% of the stock is owned by corporate insiders.

Teleflex Incorporated (TFX) opened at $260.96 on Thursday. The stock has a market cap of $11,496.57, a P/E ratio of 47.62, a P/E/G ratio of 1.88 and a beta of 1.15. Teleflex Incorporated has a 12-month low of $175.68 and a 12-month high of $288.78. The company has a current ratio of 4.72, a quick ratio of 3.70 and a debt-to-equity ratio of 0.88.

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Teleflex Profile

Teleflex Incorporated is a provider of medical technology products. The Company designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. The Company operates through six segments: Vascular North America; Anesthesia North America; Surgical North America; Europe, the Middle East and Africa (EMEA); Asia, and Original Equipment Manufacturer (OEM).

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Institutional Ownership by Quarter for Teleflex (NYSE:TFX)

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