6,266 Shares in Utah Medical Products, Inc. (NASDAQ:UTMD) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of Utah Medical Products, Inc. (NASDAQ:UTMD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,266 shares of the medical instruments supplier’s stock, valued at approximately $413,000. Sanctuary Advisors LLC owned about 0.18% of Utah Medical Products at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in Utah Medical Products during the second quarter worth about $83,000. Victory Capital Management Inc. boosted its position in Utah Medical Products by 124.4% during the second quarter. Victory Capital Management Inc. now owns 2,673 shares of the medical instruments supplier’s stock worth $179,000 after acquiring an additional 1,482 shares during the last quarter. EntryPoint Capital LLC boosted its position in Utah Medical Products by 124.1% during the first quarter. EntryPoint Capital LLC now owns 3,240 shares of the medical instruments supplier’s stock worth $230,000 after acquiring an additional 1,794 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Utah Medical Products in the 2nd quarter valued at about $307,000. Finally, Virtu Financial LLC acquired a new position in Utah Medical Products in the 1st quarter valued at about $317,000. 69.60% of the stock is currently owned by institutional investors and hedge funds.

Utah Medical Products Price Performance

NASDAQ:UTMD opened at $66.27 on Thursday. The firm has a market capitalization of $230.62 million, a price-to-earnings ratio of 15.30 and a beta of 0.08. The company’s 50-day moving average is $66.81 and its two-hundred day moving average is $67.76. Utah Medical Products, Inc. has a 1-year low of $64.90 and a 1-year high of $87.86.

Utah Medical Products (NASDAQ:UTMD) last posted its earnings results on Thursday, July 25th. The medical instruments supplier reported $0.98 earnings per share for the quarter. The company had revenue of $10.40 million for the quarter. Utah Medical Products had a net margin of 33.56% and a return on equity of 12.41%.

Utah Medical Products Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 20th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.20 annualized dividend and a yield of 1.81%. Utah Medical Products’s payout ratio is 27.71%.

About Utah Medical Products

Utah Medical Products, Inc develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems.