Teleflex Incorporated (NYSE:TFX) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in Teleflex Incorporated (NYSE:TFX - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,723 shares of the medical technology company's stock after acquiring an additional 1,391 shares during the quarter. Janney Montgomery Scott LLC's holdings in Teleflex were worth $2,976,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TFX. Public Sector Pension Investment Board increased its stake in Teleflex by 80.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 1,799 shares of the medical technology company's stock worth $378,000 after buying an additional 802 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Teleflex by 19.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 484 shares of the medical technology company's stock worth $102,000 after acquiring an additional 80 shares in the last quarter. Quarry LP purchased a new stake in shares of Teleflex during the second quarter worth $48,000. Sanctuary Advisors LLC acquired a new stake in shares of Teleflex in the second quarter valued at $918,000. Finally, Czech National Bank boosted its holdings in Teleflex by 6.9% in the third quarter. Czech National Bank now owns 9,598 shares of the medical technology company's stock valued at $2,374,000 after purchasing an additional 623 shares during the period. 95.62% of the stock is currently owned by hedge funds and other institutional investors.

Teleflex Stock Down 0.0 %

Shares of Teleflex stock traded down $0.06 during trading hours on Tuesday, hitting $175.04. The company had a trading volume of 415,035 shares, compared to its average volume of 529,733. The company's 50-day moving average is $181.48 and its two-hundred day moving average is $212.46. Teleflex Incorporated has a twelve month low of $171.69 and a twelve month high of $256.85. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.42 and a quick ratio of 1.39. The company has a market cap of $8.13 billion, a P/E ratio of 34.80, a price-to-earnings-growth ratio of 1.78 and a beta of 1.16.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TFX. Truist Financial cut their price target on Teleflex from $227.00 to $200.00 and set a "hold" rating on the stock in a report on Wednesday, December 18th. StockNews.com raised shares of Teleflex from a "hold" rating to a "buy" rating in a report on Thursday, November 28th. Mizuho lowered their price target on shares of Teleflex from $275.00 to $250.00 and set a "neutral" rating for the company in a report on Friday, November 1st. Royal Bank of Canada reduced their price objective on shares of Teleflex from $275.00 to $245.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Teleflex in a research note on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Teleflex presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.50.

Teleflex Company Profile

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. The company provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site.