Teachers Advisors LLC lifted its position in shares of Corindus Vascular Robotics Inc (NYSEAMERICAN:CVRS) by 184.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,633 shares of the medical equipment provider’s stock after acquiring an additional 108,745 shares during the quarter. Teachers Advisors LLC owned 0.09% of Corindus Vascular Robotics worth $312,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CVRS. Bank of New York Mellon Corp grew its position in Corindus Vascular Robotics by 6.3% during the first quarter. Bank of New York Mellon Corp now owns 163,012 shares of the medical equipment provider’s stock worth $214,000 after buying an additional 9,684 shares during the period. Rhumbline Advisers grew its position in Corindus Vascular Robotics by 67.6% during the second quarter. Rhumbline Advisers now owns 80,868 shares of the medical equipment provider’s stock worth $150,000 after buying an additional 32,608 shares during the period. Schwab Charles Investment Management Inc. grew its position in Corindus Vascular Robotics by 240.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 285,900 shares of the medical equipment provider’s stock worth $375,000 after buying an additional 201,900 shares during the period. Finally, Geode Capital Management LLC grew its position in Corindus Vascular Robotics by 73.3% during the first quarter. Geode Capital Management LLC now owns 673,488 shares of the medical equipment provider’s stock worth $882,000 after buying an additional 284,855 shares during the period.

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Shares of Corindus Vascular Robotics Inc (NYSEAMERICAN:CVRS) opened at $1.05 on Friday. Corindus Vascular Robotics Inc has a 1 year low of $0.40 and a 1 year high of $2.25.

Corindus Vascular Robotics (NYSEAMERICAN:CVRS) last released its quarterly earnings results on Tuesday, November 7th. The medical equipment provider reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. The business had revenue of $2.43 million for the quarter, compared to analyst estimates of $3.60 million. Corindus Vascular Robotics had a negative net margin of 372.63% and a negative return on equity of 94.27%.

Several research firms have recently commented on CVRS. BidaskClub lowered shares of Corindus Vascular Robotics from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 11th. ValuEngine upgraded shares of Corindus Vascular Robotics from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research upgraded shares of Corindus Vascular Robotics from a “hold” rating to a “buy” rating and set a $2.00 price target on the stock in a research report on Tuesday, August 29th. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $2.33.

About Corindus Vascular Robotics

Corindus Vascular Robotics, Inc is engaged in robotic-assisted vascular interventions. The Company’s CorPath System is a medical device that brings robotic-assisted precision to radial, coronary and peripheral procedures. The workstation allows the physician greater control and the freedom from wearing heavy lead protective equipment that causes musculoskeletal injuries.

Institutional Ownership by Quarter for Corindus Vascular Robotics (NYSEAMERICAN:CVRS)

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