First Eagle Investment Management LLC Has $8.31 Million Holdings in InfuSystem Holdings, Inc. $INFU

First Eagle Investment Management LLC lowered its position in shares of InfuSystem Holdings, Inc. (NYSE:INFU) by 11.9% during the third quarter, HoldingsChannel reports. The fund owned 801,871 shares of the company’s stock after selling 108,500 shares during the quarter. First Eagle Investment Management LLC’s holdings in InfuSystem were worth $8,307,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Hillsdale Investment Management Inc. acquired a new position in InfuSystem in the 3rd quarter valued at approximately $4,665,000. Integrated Quantitative Investments LLC acquired a new stake in InfuSystem in the second quarter valued at $243,000. Truffle Hound Capital LLC bought a new position in InfuSystem during the 2nd quarter worth $1,123,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in InfuSystem by 38.9% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 69,772 shares of the company’s stock worth $435,000 after buying an additional 19,554 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of InfuSystem in the 2nd quarter valued at about $294,000. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and set a $15.00 price objective (up from $14.00) on shares of InfuSystem in a research report on Tuesday, February 24th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $15.00.

InfuSystem Stock Down 1.2%

Shares of NYSE:INFU opened at $9.18 on Wednesday. InfuSystem Holdings, Inc. has a 1 year low of $4.61 and a 1 year high of $11.04. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.98 and a quick ratio of 1.59. The business’s 50-day moving average is $8.41 and its 200-day moving average is $9.32. The company has a market capitalization of $186.68 million, a price-to-earnings ratio of 153.03 and a beta of 1.67.

About InfuSystem

InfuSystem Holdings Inc is a medical technology company that specializes in the rental, management and servicing of infusion pumps and associated devices used primarily for outpatient infusion therapy. The company provides a comprehensive suite of services that includes equipment delivery, setup and retrieval, preventive and corrective maintenance, reprocessing and quality assurance. InfuSystem’s offerings are designed to help hospitals, ambulatory surgery centers, oncology clinics and private infusion suites streamline clinical operations and maintain compliance with safety standards.

In addition to pump rental and repair services, InfuSystem has expanded into remote patient monitoring solutions.