OrthoPediatrics Corp. (NASDAQ:KIDS) Shares Bought by Barclays PLC

Barclays PLC lifted its stake in shares of OrthoPediatrics Corp. (NASDAQ:KIDS) by 319.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,298 shares of the company’s stock after acquiring an additional 19,264 shares during the quarter. Barclays PLC owned about 0.10% of OrthoPediatrics worth $686,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of OrthoPediatrics during the 3rd quarter valued at $25,000. International Assets Investment Management LLC boosted its stake in OrthoPediatrics by 2,610.8% during the third quarter. International Assets Investment Management LLC now owns 1,003 shares of the company’s stock valued at $27,000 after buying an additional 966 shares in the last quarter. Quest Partners LLC acquired a new position in OrthoPediatrics during the second quarter worth about $34,000. BNP Paribas Financial Markets raised its position in OrthoPediatrics by 125.1% in the third quarter. BNP Paribas Financial Markets now owns 3,471 shares of the company’s stock worth $94,000 after acquiring an additional 1,929 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in OrthoPediatrics by 42.2% in the 3rd quarter. Quantbot Technologies LP now owns 5,773 shares of the company’s stock valued at $157,000 after acquiring an additional 1,712 shares during the last quarter. Institutional investors own 69.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KIDS shares. Needham & Company LLC reiterated a “buy” rating and issued a $42.00 target price on shares of OrthoPediatrics in a report on Tuesday. Truist Financial dropped their price target on OrthoPediatrics from $28.00 to $25.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th.

OrthoPediatrics Trading Up 1.7 %

Shares of KIDS opened at $26.53 on Friday. The business’s 50-day moving average price is $23.95 and its 200 day moving average price is $27.36. The company has a current ratio of 7.17, a quick ratio of 3.68 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $642.45 million, a P/E ratio of -21.57 and a beta of 1.14. OrthoPediatrics Corp. has a 1-year low of $21.02 and a 1-year high of $35.99.

About OrthoPediatrics

OrthoPediatrics Corp., a medical device company, engages in designing, developing, and marketing anatomically appropriate implants, instruments, and specialized braces for children with orthopedic conditions in the United States and internationally. The company offers pediatric trauma and deformity correction products; scoliosis procedures for the treatment of spinal deformity; and sports medicine and other products.