New York State Common Retirement Fund Lowers Holdings in RTI Surgical, Inc. (RTIX)

New York State Common Retirement Fund lowered its position in shares of RTI Surgical, Inc. (NASDAQ:RTIX) by 0.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 52,200 shares of the medical equipment provider’s stock after selling 1 shares during the quarter. New York State Common Retirement Fund owned about 0.09% of RTI Surgical worth $305,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cigna Investments Inc. New acquired a new position in shares of RTI Surgical in the 2nd quarter valued at about $105,000. First Quadrant L P CA acquired a new position in shares of RTI Surgical in the 2nd quarter valued at about $137,000. Thompson Davis & CO. Inc. lifted its holdings in shares of RTI Surgical by 138.8% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 25,077 shares of the medical equipment provider’s stock valued at $147,000 after buying an additional 14,577 shares during the period. American International Group Inc. lifted its holdings in shares of RTI Surgical by 7.0% in the 1st quarter. American International Group Inc. now owns 35,371 shares of the medical equipment provider’s stock valued at $141,000 after buying an additional 2,327 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of RTI Surgical by 6.4% in the 1st quarter. Bank of America Corp DE now owns 39,786 shares of the medical equipment provider’s stock valued at $159,000 after buying an additional 2,389 shares during the period. 68.37% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on RTIX shares. BidaskClub cut RTI Surgical from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Zacks Investment Research cut RTI Surgical from a “hold” rating to a “sell” rating in a report on Thursday, October 5th.

RTI Surgical, Inc. (RTIX) opened at $4.65 on Monday. The stock has a market capitalization of $282.87, a PE ratio of 116.25, a PEG ratio of 6.20 and a beta of 1.73. The company has a quick ratio of 1.21, a current ratio of 3.34 and a debt-to-equity ratio of 0.25. RTI Surgical, Inc. has a fifty-two week low of $2.70 and a fifty-two week high of $6.00.

RTI Surgical (NASDAQ:RTIX) last issued its quarterly earnings data on Thursday, November 2nd. The medical equipment provider reported $0.01 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.01. The business had revenue of $66.69 million during the quarter, compared to analysts’ expectations of $65.63 million. RTI Surgical had a return on equity of 2.29% and a net margin of 1.01%. The company’s revenue for the quarter was up .2% on a year-over-year basis. sell-side analysts expect that RTI Surgical, Inc. will post 0.05 earnings per share for the current year.

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RTI Surgical Company Profile

RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.

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Institutional Ownership by Quarter for RTI Surgical (NASDAQ:RTIX)

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