<div id="readability-page-1"><p>Kempner Capital Management Inc. reduced its stake in  CONMED Corporation (NYSE:CNMD - Free Report) by 87.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 6,258 shares of the company's stock after selling 43,296 shares during the period. Kempner Capital Management Inc.'s holdings in CONMED were worth $252,000 as of its most recent SEC filing.</p><ul><li>Med-tech stock Conmed dips ahead of big Q4 report...opportunity?</li></ul><p>Other hedge funds also recently made changes to their positions in the company. Tributary Capital Management LLC acquired a new position in shares of  CONMED in the 3rd quarter valued at $19,549,000.  SG Americas Securities LLC raised its holdings in  CONMED by 3,041.3% during the third quarter. SG Americas Securities LLC now owns 63,894 shares of the company's stock worth $3,005,000 after purchasing an additional 61,860 shares in the last quarter.  Envestnet Asset Management Inc. lifted its holdings in shares of  CONMED by 31.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 168,380 shares of the company's stock valued at $7,919,000 after buying an additional 40,697 shares during the period.  Segall Bryant &amp; Hamill LLC acquired a new stake in  CONMED in the second quarter valued at $1,397,000.  Finally, Fisher Asset Management LLC boosted its holdings in  CONMED by 9.3% during the third quarter. Fisher Asset Management LLC now owns 397,046 shares of the company's stock worth $18,673,000 after buying an additional 33,725 shares in the last quarter. </p><h2>CONMED Price Performance</h2><p>CNMD stock opened at $36.51 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 2.14 and a debt-to-equity ratio of 0.81. CONMED Corporation has a 52-week low of $35.37 and a 52-week high of $61.25. The stock's 50 day moving average is $40.96 and its two-hundred day moving average is $43.33. The company has a market capitalization of $1.13 billion, a PE ratio of 24.18, a P/E/G ratio of 1.61 and a beta of 0.91. </p><p>CONMED (NYSE:CNMD - Get Free Report) last released its earnings results on Wednesday, January 28th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.32 by $0.11. CONMED had a return on equity of 14.23% and a net margin of 3.42%.The company had revenue of $373.20 million during the quarter, compared to analysts' expectations of $366.88 million. During the same period in the prior year, the business posted $1.34 EPS. The business's revenue was up 7.9% on a year-over-year basis.  Analysts predict that  CONMED Corporation will post 4.35 earnings per share for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><p>A number of analysts have commented on CNMD shares. Zacks Research upgraded CONMED from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, February 3rd. Wells Fargo &amp; Company raised shares of CONMED to a &#34;hold&#34; rating in a research note on Wednesday, March 18th. Wall Street Zen lowered CONMED from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research note on Saturday. Needham &amp; Company LLC  reiterated a &#34;hold&#34; rating on shares of CONMED in a report on Thursday, January 29th. Finally, Weiss Ratings  reaffirmed a &#34;sell (d+)&#34; rating on shares of CONMED in a research note on Wednesday, January 21st. Seven investment analysts have rated the stock with a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of &#34;Reduce&#34; and an average price target of $50.17.</p><p><b>View Our Latest Research Report on CONMED</b></p><h2>About CONMED</h2> (Free Report)<p>CONMED Corporation <span>NYSE: CNMD<span></span></span> is a global medical technology company headquartered in Utica, New York. Founded in 1970, CONMED develops, manufactures and markets a broad portfolio of surgical devices and accessories for minimally invasive procedures. The company's product line supports surgeons and healthcare providers in specialties including orthopedics, general surgery, gastroenterology and gynecology.  </p><p>CONMED operates two principal segments: Orthopedics, and Visualization &amp; Energy.</p><h2>See Also</h2><ul><li>Five stocks we like better than CONMED</li></ul><p><strong>Want to see what other hedge funds are holding CNMD?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CONMED Corporation (NYSE:CNMD - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOTUQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOTUQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in CONMED Right Now?</h2><p>Before you consider CONMED, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CONMED wasn't on the list.</p><p>While CONMED currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CNMD

<p>Kempner Capital Management Inc. significantly reduced its stake in CONMED Corporation (NYSE:CNMD) by 87.4% in Q4, now holding 6,258 shares valued at $252,000. Other hedge funds have also adjusted their positions, with notable increases from Tributary Capital Management and SG Americas Securities. CONMED's stock opened at $36.51, with a market cap of $1.13 billion and a PE ratio of 24.18. Analysts have mixed ratings on the stock, with a consensus rating of "Reduce" and an average price target of $50.17.</p>

CONMED Corporation $CNMD Shares Sold by Kempner Capital Management Inc.