Copper Rock Capital Partners Lowers stake in Teleflex Incorporated (TFX)

Teleflex Incorporated (TFX) : Copper Rock Capital Partners reduced its stake in Teleflex Incorporated by 0.49% during the most recent quarter end. The investment management company now holds a total of 224,479 shares of Teleflex Incorporated which is valued at $34.9 Million after selling 1,109 shares in Teleflex Incorporated according to a report filed by the company on Apr 5, 2016 with the SEC.Teleflex Incorporated makes up approximately 3.07% of Copper Rock Capital Partners’s portfolio.

Other Hedge Funds, Including ,

On the company’s financial health, Teleflex Incorporated reported $2.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $1.92. The company had revenue of $484.50 million for the quarter, compared to analysts expectations of $480.56 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 EPS.

Teleflex Incorporated closed down -1.38 points or -0.88% at $155.65 with 3,59,979 shares getting traded on Monday. Post opening the session at $156.85, the shares hit an intraday low of $154.97 and an intraday high of $157.215 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Teleflex Incorporated is a provider of medical technology products. The Company designs develops manufactures and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. The Company also markets and sells its products to hospitals and healthcare providers. The Company operates its business in six segments: Vascular North America; Anesthesia/Respiratory North America; Surgical North America; Europe the Middle East and Africa (EMEA); Asia and Original Equipment Manufacturer (OEM). The Company manufactures its products at 26 manufacturing sites with manufacturing operations located in the Czech Republic Germany Malaysia Mexico and the United States. The Company’s specialty product line consists of a range of catheters including Foley intermittent external and suprapubic; urine collectors; catheterization accessories and products for operative endourology.

Leave a Reply

Teleflex Incorporated - Is it time to Sell?

Top Brokerage Firms are advising their investors on Teleflex Incorporated. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.