Colfax Corp (NYSE:CFX) EVP Sells $2034653.95 in Stock

Marco Green
January 14, 2018

Next Financial Grp Inc reported 2,563 shares or 0.04% of all its holdings. Citigroup Inc Com New now has $199.46B valuation. The stock increased 2.81% or $0.25 during the last trading session, reaching $9.15. 375,354 shares of the stock were exchanged, compared to its average volume of 766,408. Colfax Corporation (NYSE:CFX) has risen 61.22% since January 10, 2017 and is uptrending. It has outperformed by 18.90% the S&P500. The Manufacturers Life Insurance Company grew its position in shares of Colfax by 7.3% in the second quarter. The firm operates through three divisions: Food and Support Services North America, Food and Support Services International, Uniform and Career Apparel. It has a 22.87 P/E ratio. The Air and Gas Handling segment supplies a range of gas handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket services. Argent Ltd reported 0.02% stake. It also reduced its holding in United Technologies Corp (NYSE:UTX) by 4,800 shares in the quarter, leaving it with 35,200 shares, and cut its stake in Shake Shack Inc (Put). Tpg Pace Hldgs Corp was reduced too.

Among 36 analysts covering Expedia Inc. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Williams-Sonoma had 96 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Tyler Technologies, Inc. The rating was maintained by Stifel Nicolaus on Friday, February 3 with "Buy". Vetr upgraded Citigroup Inc. Stifel Nicolaus has "Buy" rating and $4500 target. The company was maintained on Sunday, July 16 by Renaissance Macro Securities LLC. The rating was maintained by UBS with "Neutral" on Wednesday, July 26. RBC Capital Markets raised shares of Colfax Corporation from a sector perform rating to an outperform rating and boosted their price objective for the stock from $32.00 to $43.00 in a research report on Friday, January 13th. The rating was maintained by KeyBanc Capital Markets with "Buy" on Monday, November 6. The firm has "Outperform" rating by FBN Securities given on Wednesday, July 20.

Investors sentiment increased to 1.35 in 2017 Q3. Its down 0.29, from 1.35 in 2017Q2. It dived, as 25 investors sold CFX shares while 71 reduced holdings. Capital Fund Management S.A. acquired a new stake in Colfax during the 2nd quarter valued at approximately $1,154,000. Blackrock Incorporated holds 4.12M shares. (NASDAQ:EXPE). Texas Yale holds 0.05% in Expedia, Inc. (NYSE:WSM) for 89,090 shares. Jefferies Group Inc Limited Liability Company owns 70,376 shares for 0.07% of their portfolio.

Colfax (NYSE:CFX) was upgraded by Zacks Investment Research from a "hold" rating to a "strong-buy" rating in a research report issued on Tuesday. Parallax Volatility Advisers LP has 0% invested in Colfax Corporation (NYSE:CFX). Institutional investors and hedge funds own 77.22% of the company's stock. Cibc Asset Inc has invested 0% of its portfolio in Parsley Energy, Inc. Mcf Advsrs Ltd Liability holds 0.1% or 3,417 shares. Following the transaction, the senior vice president now directly owns 30,472 shares of the company's stock, valued at $1,149,099.12. Northern accumulated 450,119 shares.

Since August 9, 2017, it had 0 buys, and 3 sales for $3.75 million activity. MOORE H LYNN JR sold $2.04 million worth of stock. (NYSE:C) on Thursday, August 10. About 308,089 shares traded. The correct version of this piece of content can be viewed at https://www.truebluetribune.com/2018/01/14/research-analysts-offer-predictions-for-colfax-corps-fy2017-earnings-cfx.html. After $0.42 actual earnings per share reported by Colfax Corporation for the previous quarter, Wall Street now forecasts 11.90 % EPS growth. Colfax has $52 highest and $21 lowest target. The shares were sold at an average price of $38.15, for a total value of $2,034,653.95.

A number of other analysts have also commented on CFX. On Thursday, November 30 the stock rating was maintained by Robert W. Baird with "Buy". Pennsylvania-based Susquehanna Intl Limited Liability Partnership has invested 0% in Colfax Corporation (NYSE:CFX). Stifel Nicolaus reissued a "buy" rating and issued a $50.00 target price on shares of Colfax in a report on Tuesday, October 17th. The stock decreased 0.06% or $0.109 during the last trading session, reaching $173.281. About 242,253 shares traded.

COPYRIGHT VIOLATION WARNING: "Q4 2017 EPS Estimates for Colfax Corp Lowered by Seaport Global Securities (CFX)" was reported by Week Herald and is the sole property of of Week Herald. It has outperformed by 1.55% the S&P500. Godshalk Welsh Capital Management has 0.21% invested in Colfax Corporation (NYSE:CFX) for 4,950 shares. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. The firm has a market capitalization of $5,140.00, a P/E ratio of 33.68, a P/E/G ratio of 1.93 and a beta of 1.26. Balyasny Asset Mngmt Limited Com, a Illinois-based fund reported 94,164 shares.

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