California State Teachers Retirement System trimmed its position in shares of RTI Surgical Inc (NASDAQ:RTIX) by 16.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,780 shares of the medical equipment provider’s stock after selling 18,800 shares during the quarter. California State Teachers Retirement System owned 0.16% of RTI Surgical worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of RTIX. AJO LP purchased a new position in shares of RTI Surgical in the 2nd quarter worth about $2,597,000. Wedge Capital Management L L P NC purchased a new position in shares of RTI Surgical in the 2nd quarter worth about $1,471,000. Dimensional Fund Advisors LP boosted its holdings in shares of RTI Surgical by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,056,932 shares of the medical equipment provider’s stock worth $23,733,000 after buying an additional 156,901 shares during the last quarter. Kopp Investment Advisors LLC boosted its holdings in shares of RTI Surgical by 18.9% in the 2nd quarter. Kopp Investment Advisors LLC now owns 973,388 shares of the medical equipment provider’s stock worth $5,694,000 after buying an additional 154,922 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of RTI Surgical by 10.4% in the 2nd quarter. State Street Corp now owns 1,123,603 shares of the medical equipment provider’s stock worth $6,577,000 after buying an additional 106,204 shares during the last quarter. 69.92% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on the stock. BidaskClub downgraded shares of RTI Surgical from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research raised shares of RTI Surgical from a “sell” rating to a “hold” rating in a report on Friday, October 13th.

Shares of RTI Surgical Inc (RTIX) opened at $4.50 on Wednesday. The company has a market cap of $282.87, a PE ratio of 116.25, a price-to-earnings-growth ratio of 6.20 and a beta of 1.76. RTI Surgical Inc has a fifty-two week low of $3.01 and a fifty-two week high of $6.00. The company has a current ratio of 3.34, a quick ratio of 1.21 and a debt-to-equity ratio of 0.25.

RTI Surgical (NASDAQ:RTIX) last released its quarterly earnings data on Thursday, November 2nd. The medical equipment provider reported $0.01 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.01. The business had revenue of $66.69 million for the quarter, compared to the consensus estimate of $65.63 million. RTI Surgical had a net margin of 1.01% and a return on equity of 2.29%. RTI Surgical’s revenue for the quarter was up .2% on a year-over-year basis. equities research analysts anticipate that RTI Surgical Inc will post 0.05 EPS for the current year.

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RTI Surgical Profile

RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.

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Institutional Ownership by Quarter for RTI Surgical (NASDAQ:RTIX)

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