CIRCOR International, Inc. (CIR) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP lifted its stake in CIRCOR International, Inc. (NYSE:CIR) by 454.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,014 shares of the industrial products company’s stock after purchasing an additional 2,470 shares during the period. Quantbot Technologies LP’s holdings in CIRCOR International were worth $178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. California Public Employees Retirement System grew its holdings in shares of CIRCOR International by 2.3% in the second quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock worth $808,000 after purchasing an additional 300 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of CIRCOR International by 2.5% in the second quarter. Thrivent Financial For Lutherans now owns 101,256 shares of the industrial products company’s stock worth $6,012,000 after purchasing an additional 2,480 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of CIRCOR International by 0.8% in the second quarter. Ameriprise Financial Inc. now owns 86,598 shares of the industrial products company’s stock worth $5,142,000 after purchasing an additional 648 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of CIRCOR International by 1.8% in the second quarter. TIAA CREF Investment Management LLC now owns 44,522 shares of the industrial products company’s stock worth $2,644,000 after purchasing an additional 783 shares during the last quarter. Finally, Teachers Advisors LLC grew its holdings in shares of CIRCOR International by 3.0% in the second quarter. Teachers Advisors LLC now owns 29,787 shares of the industrial products company’s stock worth $1,769,000 after purchasing an additional 877 shares during the last quarter.

A number of research analysts have recently commented on CIR shares. Stifel Nicolaus restated a “buy” rating and issued a $61.00 price target on shares of CIRCOR International in a report on Sunday, September 3rd. Zacks Investment Research upgraded shares of CIRCOR International from a “sell” rating to a “hold” rating in a report on Friday, September 29th. BidaskClub cut shares of CIRCOR International from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. KeyCorp restated a “hold” rating on shares of CIRCOR International in a report on Tuesday, September 26th. Finally, Seaport Global Securities cut shares of CIRCOR International from a “neutral” rating to a “sell” rating and cut their price target for the stock from $70.00 to $60.00 in a report on Wednesday, June 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. CIRCOR International has an average rating of “Hold” and an average price target of $62.80.

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CIRCOR International, Inc. (NYSE:CIR) opened at 55.45 on Friday. CIRCOR International, Inc. has a one year low of $46.97 and a one year high of $72.96. The company has a market capitalization of $914.87 million, a PE ratio of 56.93 and a beta of 1.64. The firm’s 50-day moving average is $50.38 and its 200 day moving average is $57.33.

CIRCOR International (NYSE:CIR) last announced its quarterly earnings data on Friday, July 28th. The industrial products company reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.07). CIRCOR International had a return on equity of 6.55% and a net margin of 2.74%. The company had revenue of $151.20 million for the quarter, compared to analyst estimates of $158.09 million. During the same period in the prior year, the firm posted $0.53 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities analysts expect that CIRCOR International, Inc. will post $1.72 EPS for the current fiscal year.

CIRCOR International Profile

CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).

Institutional Ownership by Quarter for CIRCOR International (NYSE:CIR)

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