Great West Life Assurance Co. Can Raises Holdings in LivaNova PLC (NASDAQ:LIVN)

Great West Life Assurance Co. Can increased its stake in shares of LivaNova PLC (NASDAQ:LIVN) by 83.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,100 shares of the company’s stock after acquiring an additional 5,940 shares during the period. Great West Life Assurance Co. Can’s holdings in LivaNova were worth $1,202,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Financial Gravity Companies Inc. acquired a new stake in shares of LivaNova during the 4th quarter valued at approximately $60,000. South Dakota Investment Council acquired a new stake in shares of LivaNova during the 4th quarter valued at approximately $110,000. Ffcm LLC acquired a new stake in shares of LivaNova during the 4th quarter valued at approximately $133,000. Bamco Inc. NY acquired a new stake in shares of LivaNova during the 3rd quarter valued at approximately $143,000. Finally, Meeder Asset Management Inc. raised its position in shares of LivaNova by 130.8% during the 4th quarter. Meeder Asset Management Inc. now owns 1,632 shares of the company’s stock valued at $148,000 after acquiring an additional 925 shares in the last quarter. 89.62% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Daniel Jeffrey Moore sold 1,500 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $96.63, for a total value of $144,945.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.41% of the company’s stock.

A number of research analysts recently commented on LIVN shares. BTIG Research restated a “hold” rating on shares of LivaNova in a research note on Tuesday, March 5th. BidaskClub upgraded LivaNova from a “hold” rating to a “buy” rating in a research note on Wednesday, March 27th. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective (down from $135.00) on shares of LivaNova in a research note on Wednesday, February 27th. Zacks Investment Research upgraded LivaNova from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, UBS Group upped their price objective on LivaNova from $100.00 to $105.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 2nd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $113.75.

Shares of NASDAQ:LIVN traded down $0.04 on Friday, hitting $66.99. The company’s stock had a trading volume of 464,262 shares, compared to its average volume of 891,975. LivaNova PLC has a 12 month low of $65.66 and a 12 month high of $131.54. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.39 and a beta of 0.87. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.07.

LivaNova (NASDAQ:LIVN) last released its quarterly earnings results on Wednesday, February 27th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.05. The company had revenue of $297.00 million during the quarter, compared to analysts’ expectations of $294.98 million. LivaNova had a positive return on equity of 9.64% and a negative net margin of 17.11%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 earnings per share. On average, equities research analysts predict that LivaNova PLC will post 2.96 EPS for the current year.

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LivaNova Profile

LivaNova PLC, a medical device company, designs, develops, manufactures, and sells therapeutic solutions worldwide. The company operates in two segments, Cardiac Surgery and Neuromodulation. The Cardiac Surgery segment develops, produces, and sells cardiopulmonary products, including oxygenators, heart-lung machines, perfusion tubing systems, cannulae and accessories for extracorporeal circulation, and systems for autotransfusion and autologous blood washing, as well as surgical tissue and mechanical heart valve replacements, and repair products for damaged or diseased heart valves.

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Institutional Ownership by Quarter for LivaNova (NASDAQ:LIVN)

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