Kornitzer Capital Management Inc. KS bought a new position in Orthopediatrics Corp (NASDAQ:KIDS) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $384,000.

Orthopediatrics Corp (NASDAQ KIDS) opened at $16.84 on Wednesday. The company has a debt-to-equity ratio of -0.38, a current ratio of 2.78 and a quick ratio of 1.00. Orthopediatrics Corp has a 52-week low of $16.01 and a 52-week high of $23.00.

Orthopediatrics (NASDAQ:KIDS) last released its quarterly earnings data on Wednesday, November 8th. The company reported ($1.70) EPS for the quarter, missing the consensus estimate of ($0.12) by ($1.58). equities analysts anticipate that Orthopediatrics Corp will post -1.41 EPS for the current year.

Several brokerages recently weighed in on KIDS. William Blair began coverage on Orthopediatrics in a research report on Monday, November 6th. They issued an “outperform” rating on the stock. Stifel Nicolaus initiated coverage on Orthopediatrics in a research report on Monday, November 6th. They issued a “buy” rating and a $23.00 price objective on the stock. BTIG Research initiated coverage on Orthopediatrics in a research report on Monday, November 6th. They issued a “buy” rating and a $24.00 price objective on the stock. Piper Jaffray Companies initiated coverage on Orthopediatrics in a research report on Monday, November 6th. They issued an “overweight” rating and a $24.00 price objective on the stock. Finally, BidaskClub lowered Orthopediatrics from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. Orthopediatrics presently has a consensus rating of “Hold” and a consensus price target of $23.67.

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Orthopediatrics Company Profile

OrthoPediatrics Corp. is a medical device company. The Company designs, develops and commercializes orthopedic implants and instruments to meet the specialized needs of pediatric surgeons and their patients. It operates through the OrthoPediatrics segment, which designs, develops and markets implants and devices for children with orthopedic problems.

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