Gamco Investors INC. ET AL lowered its stake in shares of Cantel Medical Corp. (NYSE:CMD) by 13.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,630 shares of the company’s stock after selling 13,000 shares during the period. Gamco Investors INC. ET AL owned 0.20% of Cantel Medical Corp. worth $7,781,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CMD. Globeflex Capital L P bought a new position in Cantel Medical Corp. in the 2nd quarter worth approximately $114,000. Integrated Investment Consultants LLC bought a new position in Cantel Medical Corp. in the 2nd quarter worth approximately $161,000. LS Investment Advisors LLC bought a new position in Cantel Medical Corp. in the 2nd quarter worth approximately $172,000. Airain ltd bought a new position in Cantel Medical Corp. in the 2nd quarter worth approximately $201,000. Finally, Punch & Associates Investment Management Inc. bought a new position in Cantel Medical Corp. in the 2nd quarter worth approximately $212,000. Institutional investors own 85.38% of the company’s stock.

Cantel Medical Corp. (NYSE:CMD) opened at $98.28 on Friday. The company has a market cap of $4,100.93, a P/E ratio of 47.25 and a beta of 1.23. Cantel Medical Corp. has a fifty-two week low of $69.21 and a fifty-two week high of $99.83. The company has a quick ratio of 1.49, a current ratio of 2.41 and a debt-to-equity ratio of 0.24.

Cantel Medical Corp. (NYSE:CMD) last released its quarterly earnings data on Thursday, September 28th. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.02. Cantel Medical Corp. had a net margin of 9.27% and a return on equity of 17.60%. The company had revenue of $205.50 million during the quarter, compared to the consensus estimate of $200.32 million. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis. analysts predict that Cantel Medical Corp. will post 2.34 earnings per share for the current year.

The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be issued a $0.085 dividend. This represents a yield of 0.17%. This is an increase from Cantel Medical Corp.’s previous Semi-Annual dividend of $0.07. The ex-dividend date is Tuesday, January 16th. Cantel Medical Corp.’s dividend payout ratio (DPR) is presently 8.19%.

In other Cantel Medical Corp. news, Director Mark N. Diker sold 7,000 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $98.90, for a total value of $692,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director George L. Fotiades sold 6,000 shares of the firm’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of $95.23, for a total transaction of $571,380.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 36,368 shares of company stock valued at $3,576,028. Insiders own 14.90% of the company’s stock.

Several research analysts recently commented on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Cantel Medical Corp. in a report on Friday, September 1st. Zacks Investment Research downgraded shares of Cantel Medical Corp. from a “buy” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Sidoti raised shares of Cantel Medical Corp. from a “neutral” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Wednesday, August 2nd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Cantel Medical Corp. has an average rating of “Hold” and an average price target of $91.67.

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About Cantel Medical Corp.

Cantel Medical Corp. is a provider of infection prevention products and services in the healthcare market. The Company’s operating segments include Endoscopy; Water Purification and Filtration; Healthcare Disposables, and Dialysis. Its Endoscopy segment includes medical device reprocessing systems, disinfectants, detergents and other supplies.

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Institutional Ownership by Quarter for Cantel Medical Corp. (NYSE:CMD)

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