Boosts Rating On CIRCOR International, Inc. Comm (CIR)

James Marshall
June 24, 2017

Cortina Asset Management LLC purchased a new position in shares of CIRCOR International during the first quarter valued at $6,135,000. CIRCOR International's quarterly revenue was down 3.7% on a year-over-year basis.

COPYRIGHT VIOLATION NOTICE: "CIRCOR International, Inc". The legal version of this article can be viewed at https://transcriptdaily.com/2017/06/23/circor-international-inc-cir-expected-to-earn-fy2017-earnings-of-1-77-per-share.html. Cassil now forecasts that the industrial products company will earn $1.77 per share for the year, down from their prior forecast of $1.90. The stock presently has a consensus rating of "Hold" and an average target price of $65.33. It has outperformed by 1.57% the S&P500.

WARNING: "United Services Automobile Association Reduces Stake in CIRCOR International, Inc". Monarch Capital Management reported 181,991 shares. About 256,687 shares traded or 277.07% up from the average. (NYSE:MRK) has risen 16.86% since June 22, 2016 and is uptrending. It has underperformed by 18.00% the S&P500.

Investors sentiment increased to 1.57 in Q4 2016. Narrowing in a bit closer, the 5 month price index is 0.90395, the 3 month is 0.91559, and the 1 month is now 1.02244. It improved, as 56 investors sold MAT shares while 159 reduced holdings. 128 funds opened positions while 609 raised stakes. 212.48 million shares or 1.15% more from 210.06 million shares in 2016Q3 were reported. 941,550 were accumulated by Swiss State Bank. Fincl Bank Of Montreal Can holds 0% or 784 shares. Similarly, the Value Composite One (VC1) is a method that investors use to determine a company's value. (NASDAQ:ADSK). Bnp Paribas Arbitrage Sa owns 37,493 shares.

Allen Investment Management Llc decreased Anheuser Busch Inbev Sa/Nv (NYSE:BUD) stake by 184,914 shares to 122,634 valued at $12.93 million in 2016Q4. Carnegie Asset Mgmt Ltd Llc owns 158,050 shares or 0.66% of their USA portfolio. Commerzbank Aktiengesellschaft Fi has 31,288 shares. First Mercantile Co accumulated 8,080 shares. Ahl Limited Liability Partnership holds 3,109 shares. Foster Dykema Cabot Ma has 0.85% invested in Merck & Co., Inc. Mitsubishi Ufj & Banking has 0.06% invested in Autodesk, Inc. Pictet Asset Mgmt Ltd reported 0.13% in Autodesk, Inc. Allen Investment Management Llc acquired 17,459 shares as Autodesk Inc (ADSK)'s stock rose 27.21%. Credit Suisse Ag has 1.18M shares for 0.03% of their portfolio.

Among 20 analysts covering Autodesk Inc. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Therefore 100% are positive. Autodesk Inc. had 67 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating by UBS given on Thursday, March 24. Oppenheimer initiated Mattel, Inc. Stifel Nicolaus upgraded CIRCOR International, Inc. The stock of Autodesk, Inc. (NYSE:CIR) for 3,297 shares. As per Tuesday, April 5, the company rating was maintained by M Partners.

Since February 23, 2017, it had 0 insider purchases, and 1 sale for $177,705 activity. Gros Richard R also bought $250,004 worth of Mattel, Inc. They expect $0.46 earnings per share, down 13.21% or $0.07 from last year's $0.53 per share. As of the latest earnings report the EPS was $0.67 and is expected to be $2.08 for the current year with 16,494,000 shares now outstanding.

Investors sentiment increased to 1.57 in Q4 2016. Its up 0.11, from 0.94 in 2016Q3. 27 funds opened positions while 45 raised stakes. Metropolitan Life Insur holds 10,783 shares. Us Bankshares De reported 0% stake. Investors of record on Thursday, May 25th were paid a dividend of $0.038 per share. CIRCOR International has a 12-month low of $48.11 and a 12-month high of $72.96.

CIR has been the topic of a number of research reports. It also reduced National Grid Plc (NYSE:NGG) stake by 14,369 shares and now owns 6,571 shares. Moreover, Thrivent For Lutherans has 0.03% invested in CIRCOR International, Inc. California State Teachers Retirement System accumulated 33,977 shares. Blackrock invested in 4,903 shares. Nicholas Invest Prns Lp invested in 0.3% or 61,991 shares. Lapides Asset Mngmt invested in 70,800 shares. Barclays Public Ltd Liability stated it has 2,429 shares or 0% of all its holdings. (NYSE:USPH) is 9.895590. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC.

CIRCOR International (NYSE CIR) traded down 0.34% on Friday, reaching $58.00. The firm has "Buy" rating given on Thursday, June 22 by Sidoti. Stifel Nicolaus raised their price objective on CIRCOR International from $68.00 to $74.00 and gave the company a "buy" rating in a research note on Monday, May 1st. The company was downgraded on Thursday, April 14 by SunTrust. The stock has "Sell" rating by Seaport Global on Wednesday, June 21. The company was maintained on Monday, October 17 by Stifel Nicolaus. As per Tuesday, September 20, the company rating was initiated by KeyBanc Capital Markets.

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