Ativo Capital Management LLC lowered its position in shares of CRH Medical Corp (NYSEARCA:CRHM) by 4.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 153,035 shares of the company’s stock after selling 7,000 shares during the quarter. Ativo Capital Management LLC’s holdings in CRH Medical Corp were worth $872,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. O Shaughnessy Asset Management LLC lifted its stake in CRH Medical Corp by 162.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,584,531 shares of the company’s stock valued at $21,065,000 after buying an additional 1,600,920 shares in the last quarter. Mawer Investment Management Ltd. lifted its stake in CRH Medical Corp by 24.2% in the second quarter. Mawer Investment Management Ltd. now owns 4,742,491 shares of the company’s stock valued at $26,999,000 after buying an additional 924,540 shares in the last quarter. Morgan Stanley lifted its stake in CRH Medical Corp by 102.7% in the first quarter. Morgan Stanley now owns 1,288,285 shares of the company’s stock valued at $10,564,000 after buying an additional 652,737 shares in the last quarter. Pembroke Management LTD lifted its stake in CRH Medical Corp by 48.4% in the second quarter. Pembroke Management LTD now owns 1,647,800 shares of the company’s stock valued at $12,160,000 after buying an additional 537,200 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC lifted its stake in CRH Medical Corp by 69.7% in the second quarter. Pacific Ridge Capital Partners LLC now owns 1,176,044 shares of the company’s stock valued at $6,703,000 after buying an additional 483,070 shares in the last quarter.

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CRHM has been the topic of a number of research reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $8.00 price target on shares of CRH Medical Corp in a research note on Monday, July 17th. TheStreet lowered shares of CRH Medical Corp from a “b-” rating to a “c+” rating in a research report on Friday, August 4th. TD Securities lowered shares of CRH Medical Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. National Bank Financial raised shares of CRH Medical Corp from a “sector perform” rating to an “outperform” rating in a research report on Friday, August 4th. Finally, Royal Bank Of Canada raised shares of CRH Medical Corp from a “sector perform” rating to an “outperform” rating in a research report on Friday, July 21st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $8.13.

CRH Medical Corp (NYSEARCA:CRHM) opened at 2.60 on Friday. CRH Medical Corp has a 12-month low of $2.14 and a 12-month high of $9.25. The firm has a 50 day moving average of $2.55 and a 200 day moving average of $5.40.

CRH Medical Corp Company Profile

CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.

Institutional Ownership by Quarter for CRH Medical Corp (NYSEARCA:CRHM)

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