SPX Flow Inc. Common Stock (NYSE:FLOW).
Alliancebernstein L.P. says it lowered its stake in SPX Flow Inc. Common Stock stock by 8.0% as reported in a filing on 11/14/2017. Its position was valued at $98,959,000 a decrease of $3,970,000 as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (FLOW). As of quarter end Dimensional Fund Advisors Lp had acquired 118,396 shares growing its stake by 9.2%. The value of the investment in (FLOW) increased from $47,215,000 to $53,932,000 increasing 14.2% for the reporting period. As of the end of the quarter Rutabaga Capital Management LLC/ma had bought a total of 12,900 shares growing its holdings by 2.6%. The value of the total investment in SPX Flow Inc. Common Stock went from $17,975,000 to $19,291,000 a change of 7.3% quarter to quarter.
Ubs Asset Management Americas Inc bolstered its position by buying 317 shares an increase of 1,668.4% in the quarter. Ubs Asset Management Americas Inc claims 336 shares valued at $12,956,000. The value of the position overall is up by 1,748.2%.
October 17 investment analysts at Stifel Nicolaus held the stock rating at “Buy” targeting a price of $55.00. On October 4 Robert W. Baird maintained a stock rating of “Buy” with a current price target of $50.00.
Stifel Nicolaus raised the price target of the stock on October 2 boosting the projection from $47.00 to $49.00 with a “Buy” recommendation. On September 6 Royal Bank Of Canada left the company rating at “Hold” projecting a price of $38.00.
September 3 investment analysts at Stifel Nicolaus kept the company rating at “Buy” projecting a price of $47.00.
The company is trading unchanged from yesterday’s close of 4.04. The P/E ratio is 96.31 and the market cap is 198.17M. In the last earnings report the EPS was $0.04 with 49.05M shares presently outstanding.
Traders are more bullish on shares of the company if you pay attention to the fall in short interest. The company had a fall in short interest between September 29, 2017 and October 13, 2017 of -16.02%. Short interest decreased 70,204 over that timeframe. The days to cover decreased to 2.0 and the percentage of shorted shares is 0.01% as of October 13.