Dividends to Follow: This is why Teleflex Incorporated (NYSE:TFX) will be paying investors dividends of $0.34 on Dec 15, 2016.

Dividends to Follow: This is why Teleflex Incorporated (NYSE:TFX) will be paying investors dividends of $0.34 on Dec 15, 2016.

Teleflex Incorporated (NYSE:TFX) is expected to pay $0.34 on Dec 15, 2016. The indicated annual dividend is $1.36. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Teleflex Incorporated’s current price of $145.00, the dividend is 0.23%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 27, 2016. The stock decreased 0.90% or $1.32 during the last trading session, hitting $145. Teleflex Incorporated (NYSE:TFX) has declined 7.92% since April 7, 2016 and is downtrending. It has underperformed by 12.70% the S&P500.

Teleflex Incorporated is a provider of medical technology products. The company has a market cap of $6.54 billion. The Firm designs, develops, makes and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. It has a 26.02 P/E ratio. The Firm markets and sells its products to hospitals and healthcare providers, across the world, through a combination of its direct sales force and distributors.

Insitutional Activity: The institutional sentiment decreased to 1.04 in 2016 Q2. Its down 0.10, from 1.14 in 2016Q1. The ratio worsened, as 36 funds sold all Teleflex Incorporated shares owned while 119 reduced positions. 53 funds bought stakes while 108 increased positions. They now own 40.68 million shares or 1.27% less from 41.20 million shares in 2016Q1.
Los Angeles Capital Mgmt Equity holds 7,035 shares or 0.01% of its portfolio. Blackrock Lc holds 0.01% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 79,276 shares. The Hong Kong-based Parametrica Mngmt has invested 0.42% in Teleflex Incorporated (NYSE:TFX). Lpl Fincl Ltd Limited Liability Company holds 2,341 shares or 0% of its portfolio. Fifth Third Bancorp last reported 0% of its portfolio in the stock. D E Shaw & Inc holds 0.02% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 47,481 shares. Oregon Pub Employees Retirement Fund accumulated 0.06% or 13,971 shares. Amalgamated Fincl Bank holds 0.07% or 6,224 shares in its portfolio. Jane Street Grp Inc Ltd accumulated 0.01% or 14,309 shares. Ftb Advisors last reported 0% of its portfolio in the stock. Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 21,672 shares. Tealwood Asset Mgmt has 2.06% invested in the company for 25,729 shares. Calvert Investment holds 0.02% or 2,555 shares in its portfolio. Moreover, Utah Retirement has 0.04% invested in Teleflex Incorporated (NYSE:TFX) for 8,090 shares. Stonebridge Mgmt has invested 0.11% of its portfolio in Teleflex Incorporated (NYSE:TFX).

Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 2 insider sales for $2.55 million net activity. 15,102 Teleflex Incorporated (NYSE:TFX) shares with value of $2.42M were sold by Kennedy Thomas Anthony. Another trade for 797 shares valued at $132,378 was made by RANDLE STUART A on Monday, June 6.

Teleflex Incorporated (NYSE:TFX) Ratings Coverage

Out of 4 analysts covering Teleflex (NYSE:TFX), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Teleflex has been the topic of 9 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Teleflex Incorporated (NYSE:TFX) earned “Buy” rating by Brean Capital on Friday, July 31. The stock of Teleflex Incorporated (NYSE:TFX) earned “Buy” rating by Brean Capital on Friday, March 11. The firm has “Strong Buy” rating given on Wednesday, January 6 by Raymond James. On Friday, February 26 the stock rating was maintained by Brean Capital with “Buy”. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, June 14 report. The rating was maintained by Brean Capital on Thursday, April 28 with “Buy”. Piper Jaffray initiated Teleflex Incorporated (NYSE:TFX) on Monday, November 30 with “Overweight” rating.

More important recent Teleflex Incorporated (NYSE:TFX) news were published by: Businesswire.com which released: “Teleflex Incorporated Signs New Agreement with Premier Inc. for Implantable …” on October 28, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: Eli Lilly, Teleflex and Chemed”, Businesswire.com published: “Teleflex Announces Second Quarter 2016 Earnings Conference Call Information” on July 14, 2016. More interesting news about Teleflex Incorporated (NYSE:TFX) was released by: Businesswire.com and their article: “Teleflex Incorporated Announces Pricing of $400 Million Senior Notes Offering” with publication date: May 11, 2016.

TFX Company Profile

Teleflex Incorporated, incorporated on June 25, 1943, is a well-known provider of medical technology products. The Firm designs, develops, makes and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. The Firm markets and sells its products to hospitals and healthcare providers, across the world, through a combination of its direct sales force and distributors. The Firm operates through six divisions: Vascular North America; Anesthesia North America; Surgical North America; Europe, the Middle East and Africa (EMEA); Asia, and Original Equipment Manufacturer (OEM). The Firm makes its products at approximately 30 manufacturing sites, with manufacturing activities located in the Czech Republic, Germany, Malaysia, Mexico and the United States.

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