Royce & Associates LP added a new position in shares of LeMaitre Vascular, Inc. (NASDAQ:LMAT – Get Rating), according to its recent SEC filing during the first quarter. The fund acquired 8,757 shares of the medical instrument maker for approximately $407,000.
Several other major investors have also recently bought and sold shares in the company. Conestoga Capital Advisors LLC increased its holding in LeMaitre Vascular by 1.2% during the first quarter. Conestoga Capital Advisors LLC now owns 1,879,847 shares of the medical instrument maker worth $87,357,000 after purchasing an additional 22,663 shares last quarter. Copeland Capital Management LLC increased its ownership of LeMaitre Vascular shares by 0.8% during the first quarter. Copeland Capital Management LLC now owns 1,215,005 shares of the medical instrument maker worth $56,461,000 after purchasing an additional 9,806 shares last quarter. Ranger Investment Management LP increased its holdings of LeMaitre Vascular shares by 1.6% during the fourth quarter. Ranger Investment Management LP now owns 646,999 shares of the medical instrument maker, valued at $32,499,000, after purchasing an additional 10,010 shares last quarter. Summit Creek Advisors LLC increased its holding in LeMaitre Vascular by 21.0% during the fourth quarter. Summit Creek Advisors LLC now owns 361,359 shares of the medical instrument maker, valued at $18,151,000, after purchasing an additional 62,754 shares last quarter. Finally, Grandeur Peak Global Advisors LLC increased its holding in LeMaitre Vascular shares by 0.9% during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 314,076 shares of the medical instrument maker valued at $15,776,000 after purchasing an additional 2,931 shares last quarter. 84.90% of the shares are currently owned by hedge funds and other institutional investors.
Changes in analyst ratings
Separately, Barrington Research lowered its price target on LeMaitre Vascular to $50.00 from $54.00 in a report on Friday, April 29.
Performance of LeMaitre Vascular stock
LMAT opened at $53.24 on Friday. LeMaitre Vascular, Inc. has a yearly low of $38.32 and a yearly high of $60.79. The stock has a market cap of $1.17 billion, a P/E of 52.71, a P/E of 4.66, and a beta of 1.20. The company’s 50-day moving average price is $46.43 and its 200-day moving average price is $45.13.
LeMaitre Vascular announces dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 25 will receive a dividend of $0.125. That equates to an annual dividend of $0.50 and a yield of 0.94%. The ex-dividend date of this dividend is Wednesday August 24th. LeMaitre Vascular’s payout ratio is currently 49.51%.
LeMaitre Vessel Profile
LeMaitre Vascular, Inc develops, markets, sells, services and supports medical devices and implants used to treat peripheral vascular diseases worldwide. It offers an angioscope, a fiber optic catheter used to view the lumen of a blood vessel; embolectomy catheters for removing blood clots from arteries or veins; occlusion catheters, which temporarily occlude blood flow; perfusion catheters for perfusing blood and other fluids into the vascular system; and thrombectomy catheters having a silicone balloon for removing thrombi in the venous system.
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