Prudential Financial Inc. acquired a new stake in RTI Surgical Inc (NASDAQ:RTIX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,321 shares of the medical equipment provider’s stock, valued at approximately $111,000.

Other institutional investors have also recently made changes to their positions in the company. Krensavage Asset Management LLC grew its holdings in shares of RTI Surgical by 0.6% during the second quarter. Krensavage Asset Management LLC now owns 4,465,086 shares of the medical equipment provider’s stock valued at $26,121,000 after purchasing an additional 26,136 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of RTI Surgical by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 4,056,932 shares of the medical equipment provider’s stock valued at $23,733,000 after purchasing an additional 156,901 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of RTI Surgical by 4.6% during the second quarter. Vanguard Group Inc. now owns 2,019,627 shares of the medical equipment provider’s stock valued at $11,815,000 after purchasing an additional 88,758 shares during the last quarter. State Street Corp grew its holdings in shares of RTI Surgical by 10.4% during the second quarter. State Street Corp now owns 1,123,603 shares of the medical equipment provider’s stock valued at $6,577,000 after purchasing an additional 106,204 shares during the last quarter. Finally, Kopp Investment Advisors LLC grew its holdings in shares of RTI Surgical by 18.9% during the second quarter. Kopp Investment Advisors LLC now owns 973,388 shares of the medical equipment provider’s stock valued at $5,694,000 after purchasing an additional 154,922 shares during the last quarter. 69.92% of the stock is owned by hedge funds and other institutional investors.

RTI Surgical Inc (RTIX) opened at $4.30 on Thursday. The company has a market capitalization of $255.50, a P/E ratio of 105.00, a PEG ratio of 5.60 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 posted its earnings results 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 company had revenue of $66.69 million during the quarter, compared to analyst estimates of $65.63 million. RTI Surgical had a return on equity of 2.29% and a net margin of 1.01%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. sell-side analysts predict that RTI Surgical Inc will post 0.05 EPS for the current fiscal year.

Several equities analysts have recently commented on RTIX shares. BidaskClub lowered RTI Surgical from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Zacks Investment Research lowered RTI Surgical from a “hold” rating to a “sell” rating in a report on Thursday, October 5th.

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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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