Wetherby Asset Management Inc. boosted its stake in Smith & Nephew SNATS, Inc. (NYSE:SNN) by 2.6% during the second quarter, Holdings Channel reports. The institutional investor owned 16,415 shares of the medical equipment provider’s stock after buying an additional 415 shares during the period. Wetherby Asset Management Inc.’s holdings in Smith & Nephew SNATS were worth $572,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNN. Portland Global Advisors LLC boosted its position in Smith & Nephew SNATS by 2.0% in the first quarter. Portland Global Advisors LLC now owns 42,794 shares of the medical equipment provider’s stock valued at $1,324,000 after buying an additional 823 shares in the last quarter. BB&T Corp boosted its position in Smith & Nephew SNATS by 4.3% in the first quarter. BB&T Corp now owns 79,804 shares of the medical equipment provider’s stock valued at $2,468,000 after buying an additional 3,299 shares in the last quarter. World Asset Management Inc boosted its position in Smith & Nephew SNATS by 1.0% in the first quarter. World Asset Management Inc now owns 27,656 shares of the medical equipment provider’s stock valued at $855,000 after buying an additional 285 shares in the last quarter. Koch Industries Inc. purchased a new position in Smith & Nephew SNATS during the first quarter valued at $369,000. Finally, Bank of Montreal Can boosted its position in Smith & Nephew SNATS by 1.3% in the first quarter. Bank of Montreal Can now owns 23,315 shares of the medical equipment provider’s stock valued at $721,000 after buying an additional 289 shares in the last quarter. 7.23% of the stock is owned by institutional investors.

Shares of Smith & Nephew SNATS, Inc. (NYSE:SNN) opened at 35.06 on Friday. The company’s 50-day moving average price is $34.90 and its 200 day moving average price is $32.98. The company has a market cap of $15.35 billion, a price-to-earnings ratio of 17.85 and a beta of 0.76. Smith & Nephew SNATS, Inc. has a 12-month low of $26.97 and a 12-month high of $35.85.

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Several analysts recently issued reports on SNN shares. BidaskClub upgraded Smith & Nephew SNATS from a “buy” rating to a “strong-buy” rating in a report on Friday, June 23rd. Zacks Investment Research upgraded Smith & Nephew SNATS from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Wednesday, June 7th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $38.00.

Smith & Nephew SNATS Company Profile

Smith & Nephew plc is a medical technology company. The Company is engaged in developing, manufacturing, marketing and selling medical devices and services. Its products and services include Sports Medicine Joint Repair, Arthroscopic Enabling Technologies (AET), Trauma & Extremities, Other Surgical Businesses, Knee Implants, Hip Implants, Advanced Wound Care, Advanced Wound Bioactives and Advanced Wound Devices.

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Institutional Ownership by Quarter for Smith & Nephew SNATS (NYSE:SNN)

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