Oregon Public Employees Retirement Fund lifted its stake in shares of ICU Medical, Incorporated (NASDAQ:ICUI) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,556 shares of the medical instruments supplier’s stock after buying an additional 511 shares during the period. Oregon Public Employees Retirement Fund’s holdings in ICU Medical were worth $1,505,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its stake in ICU Medical by 503.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,323 shares of the medical instruments supplier’s stock valued at $682,000 after acquiring an additional 1,938 shares during the last quarter. United Services Automobile Association boosted its stake in ICU Medical by 11.1% during the 2nd quarter. United Services Automobile Association now owns 3,095 shares of the medical instruments supplier’s stock valued at $909,000 after acquiring an additional 309 shares during the last quarter. Bank of Montreal Can boosted its stake in ICU Medical by 35.3% during the 3rd quarter. Bank of Montreal Can now owns 48,288 shares of the medical instruments supplier’s stock valued at $13,654,000 after acquiring an additional 12,588 shares during the last quarter. First Hawaiian Bank bought a new position in ICU Medical during the 3rd quarter valued at $226,000. Finally, Louisiana State Employees Retirement System boosted its stake in ICU Medical by 9.8% during the 3rd quarter. Louisiana State Employees Retirement System now owns 4,500 shares of the medical instruments supplier’s stock valued at $1,272,000 after acquiring an additional 400 shares during the last quarter. 83.54% of the stock is currently owned by institutional investors.

Shares of NASDAQ:ICUI traded up $0.75 on Monday, reaching $247.46. 4,678 shares of the company’s stock were exchanged, compared to its average volume of 134,666. The stock has a market capitalization of $5.05 billion, a price-to-earnings ratio of 44.83 and a beta of 0.68. ICU Medical, Incorporated has a fifty-two week low of $210.94 and a fifty-two week high of $321.70.

ICU Medical (NASDAQ:ICUI) last issued its earnings results on Thursday, November 8th. The medical instruments supplier reported $1.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.51 by $0.34. The company had revenue of $327.20 million for the quarter, compared to analysts’ expectations of $334.97 million. ICU Medical had a net margin of 6.00% and a return on equity of 15.20%. The firm’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.12 earnings per share. On average, sell-side analysts predict that ICU Medical, Incorporated will post 7.64 earnings per share for the current fiscal year.

In related news, Director Pfizer Inc sold 2,500,000 shares of the stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $209.25, for a total value of $523,125,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Robert S. Swinney sold 1,500 shares of the stock in a transaction dated Monday, January 28th. The stock was sold at an average price of $242.19, for a total transaction of $363,285.00. Following the completion of the sale, the director now directly owns 19,540 shares in the company, valued at approximately $4,732,392.60. The disclosure for this sale can be found here. 12.50% of the stock is currently owned by corporate insiders.

ICUI has been the topic of a number of research reports. Zacks Investment Research cut shares of ICU Medical from a “buy” rating to a “hold” rating in a report on Saturday, November 10th. BidaskClub cut shares of ICU Medical from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, ValuEngine cut shares of ICU Medical from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th.

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ICU Medical Profile

ICU Medical, Inc develops, manufactures, and sells medical devices used in vascular therapy, critical care, and oncology applications worldwide. It offers infusion therapy products comprising a tube running from a bottle or plastic bag containing a solution to a catheter inserted in a patient's vein.

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Institutional Ownership by Quarter for ICU Medical (NASDAQ:ICUI)

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