LivaNova PLC (LIVN) Shares Sold by United Services Automobile Association

United Services Automobile Association reduced its holdings in LivaNova PLC (NASDAQ:LIVN) by 70.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,836 shares of the company’s stock after selling 24,001 shares during the quarter. United Services Automobile Association’s holdings in LivaNova were worth $900,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in shares of LivaNova by 7.6% during the third quarter. SG Americas Securities LLC now owns 13,715 shares of the company’s stock worth $1,700,000 after purchasing an additional 971 shares during the period. Prudential Financial Inc. increased its position in shares of LivaNova by 100.8% during the third quarter. Prudential Financial Inc. now owns 95,560 shares of the company’s stock worth $11,847,000 after purchasing an additional 47,975 shares in the last quarter. Swiss National Bank increased its position in shares of LivaNova by 0.7% during the third quarter. Swiss National Bank now owns 84,519 shares of the company’s stock worth $10,478,000 after purchasing an additional 600 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of LivaNova by 54.8% during the third quarter. Alliancebernstein L.P. now owns 145,429 shares of the company’s stock worth $18,029,000 after purchasing an additional 51,475 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of LivaNova by 6.8% during the third quarter. Bank of New York Mellon Corp now owns 531,798 shares of the company’s stock worth $65,927,000 after purchasing an additional 33,644 shares in the last quarter. 89.62% of the stock is owned by institutional investors and hedge funds.

Shares of LIVN stock traded down $0.04 on Friday, hitting $66.99. The stock had a trading volume of 464,262 shares, compared to its average volume of 891,975. The company has a current ratio of 1.07, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $3.23 billion, a PE ratio of 21.13, a P/E/G ratio of 2.39 and a beta of 0.87. LivaNova PLC has a 1 year low of $65.66 and a 1 year high of $131.54.

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

In other LivaNova news, Director Daniel Jeffrey Moore sold 1,500 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $96.63, for a total transaction of $144,945.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

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

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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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