QS Investors LLC increased its holdings in ICU Medical, Incorporated (NASDAQ:ICUI) by 141.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,017 shares of the medical instruments supplier’s stock after purchasing an additional 26,371 shares during the quarter. QS Investors LLC’s holdings in ICU Medical were worth $10,338,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ICUI. Retirement Systems of Alabama boosted its position in ICU Medical by 0.4% during the fourth quarter. Retirement Systems of Alabama now owns 21,506 shares of the medical instruments supplier’s stock valued at $4,938,000 after acquiring an additional 93 shares during the last quarter. Huntington National Bank boosted its position in shares of ICU Medical by 26.6% during the 4th quarter. Huntington National Bank now owns 443 shares of the medical instruments supplier’s stock worth $102,000 after purchasing an additional 93 shares in the last quarter. New York State Teachers Retirement System boosted its position in shares of ICU Medical by 0.4% during the 4th quarter. New York State Teachers Retirement System now owns 24,739 shares of the medical instruments supplier’s stock worth $5,681,000 after purchasing an additional 100 shares in the last quarter. American International Group Inc. boosted its position in shares of ICU Medical by 0.4% during the 4th quarter. American International Group Inc. now owns 33,904 shares of the medical instruments supplier’s stock worth $7,785,000 after purchasing an additional 126 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of ICU Medical by 1.2% during the 4th quarter. Arizona State Retirement System now owns 11,912 shares of the medical instruments supplier’s stock worth $2,735,000 after purchasing an additional 140 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors.

ICUI stock opened at $236.77 on Friday. The stock has a market cap of $4.81 billion, a PE ratio of 30.71 and a beta of 0.75. ICU Medical, Incorporated has a 1 year low of $210.94 and a 1 year high of $321.70.

In related news, Director Robert S. Swinney sold 1,500 shares of the company’s stock in a transaction dated Monday, January 28th. The shares were sold at an average price of $242.19, for a total value of $363,285.00. Following the sale, the director now owns 19,540 shares in the company, valued at approximately $4,732,392.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Virginia Ruth Sanzone sold 5,277 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $232.31, for a total transaction of $1,225,899.87. Following the completion of the sale, the vice president now owns 13,167 shares in the company, valued at approximately $3,058,825.77. The disclosure for this sale can be found here. 12.50% of the stock is owned by corporate insiders.

A number of equities analysts have recently issued reports on ICUI shares. BidaskClub raised shares of ICU Medical from a “hold” rating to a “buy” rating in a research report on Wednesday, January 2nd. Raymond James cut their price objective on shares of ICU Medical from $315.00 to $300.00 and set a “strong-buy” rating on the stock in a research report on Friday, March 1st. Finally, Zacks Investment Research cut shares of ICU Medical from a “hold” rating to a “sell” rating in a research report on Friday, January 4th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $281.00.

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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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