Teachers Retirement System of The State of Kentucky Grows Position in Natus Medical Incorporated (BABY)

Teachers Retirement System of The State of Kentucky increased its position in Natus Medical Incorporated (NASDAQ:BABY) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,094 shares of the medical equipment provider’s stock after acquiring an additional 4,268 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.20% of Natus Medical worth $2,329,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Eqis Capital Management Inc. lifted its stake in shares of Natus Medical by 25.0% during the 3rd quarter. Eqis Capital Management Inc. now owns 16,740 shares of the medical equipment provider’s stock worth $628,000 after purchasing an additional 3,353 shares during the period. Virginia Retirement Systems ET AL lifted its stake in shares of Natus Medical by 122.3% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 26,900 shares of the medical equipment provider’s stock worth $1,003,000 after purchasing an additional 14,800 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Natus Medical by 9.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 973,346 shares of the medical equipment provider’s stock worth $36,307,000 after purchasing an additional 86,192 shares during the period. Municipal Employees Retirement System of Michigan lifted its stake in shares of Natus Medical by 3.2% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,760 shares of the medical equipment provider’s stock worth $289,000 after purchasing an additional 240 shares during the period. Finally, Great West Life Assurance Co. Can lifted its stake in shares of Natus Medical by 3.0% during the 2nd quarter. Great West Life Assurance Co. Can now owns 48,240 shares of the medical equipment provider’s stock worth $1,796,000 after purchasing an additional 1,383 shares during the period. 94.35% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Natus Medical Incorporated (BABY) opened at $40.05 on Wednesday. Natus Medical Incorporated has a twelve month low of $31.65 and a twelve month high of $43.60. The stock has a market capitalization of $1,250.00, a price-to-earnings ratio of 25.71 and a beta of 0.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.21 and a quick ratio of 3.36.

Natus Medical (NASDAQ:BABY) last announced its quarterly earnings results on Wednesday, October 25th. The medical equipment provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. Natus Medical had a positive return on equity of 12.06% and a negative net margin of 0.62%. The firm had revenue of $122.60 million during the quarter, compared to the consensus estimate of $122.41 million. During the same period in the prior year, the firm earned $0.39 EPS. The firm’s quarterly revenue was up 34.9% compared to the same quarter last year. equities analysts anticipate that Natus Medical Incorporated will post 1.74 earnings per share for the current year.

BABY has been the topic of several research reports. Zacks Investment Research raised Natus Medical from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Tuesday, October 24th. BidaskClub lowered Natus Medical from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 24th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Natus Medical presently has an average rating of “Hold” and an average price target of $46.50.

In other news, VP Dong Chune Christopher Chung sold 12,642 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $42.91, for a total transaction of $542,468.22. Following the completion of the sale, the vice president now directly owns 141,414 shares in the company, valued at $6,068,074.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert A. Gunst sold 4,400 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $35.17, for a total value of $154,748.00. Following the sale, the director now owns 50,850 shares of the company’s stock, valued at $1,788,394.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,042 shares of company stock valued at $902,266. 5.50% of the stock is owned by insiders.

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About Natus Medical

Natus Medical Incorporated is a provider of newborn care and neurology healthcare products and services used for the screening, diagnosis, detection, treatment, monitoring and tracking of common medical ailments in newborn care, hearing impairment, neurological dysfunction, epilepsy, sleep disorders, neuromuscular diseases and balance and mobility disorders.

Institutional Ownership by Quarter for Natus Medical (NASDAQ:BABY)

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