Alpine Woods Capital Investors LLC Has $2,551,000 Position in FLIR Systems, Inc. (FLIR)
Alpine Woods Capital Investors LLC continued to hold its stake in FLIR Systems, Inc. (NASDAQ:FLIR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,600 shares of the scientific and technical instruments company’s stock at the end of the second quarter. Alpine Woods Capital Investors LLC’s holdings in FLIR Systems were worth $2,551,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in FLIR. Teachers Advisors LLC boosted its position in FLIR Systems by 4.7% in the fourth quarter. Teachers Advisors LLC now owns 169,580 shares of the scientific and technical instruments company’s stock worth $6,137,000 after buying an additional 7,567 shares during the period. Gulf International Bank UK Ltd boosted its position in FLIR Systems by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 40,984 shares of the scientific and technical instruments company’s stock worth $1,486,000 after buying an additional 600 shares during the period. Bank of Montreal Can boosted its position in FLIR Systems by 809.4% in the first quarter. Bank of Montreal Can now owns 352,523 shares of the scientific and technical instruments company’s stock worth $12,790,000 after buying an additional 313,757 shares during the period. Fox Run Management L.L.C. purchased a new position in FLIR Systems during the first quarter worth $287,000. Finally, Cribstone Capital Management LLC purchased a new position in FLIR Systems during the first quarter worth $106,000. 87.44% of the stock is currently owned by institutional investors.
FLIR Systems, Inc. (NASDAQ:FLIR) opened at 37.71 on Tuesday. The company has a market capitalization of $5.17 billion, a PE ratio of 24.31 and a beta of 0.59. The firm’s 50-day moving average is $36.85 and its 200 day moving average is $36.55. FLIR Systems, Inc. has a one year low of $28.26 and a one year high of $38.94.
FLIR Systems (NASDAQ:FLIR) last announced its quarterly earnings data on Wednesday, July 26th. The scientific and technical instruments company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.01. FLIR Systems had a return on equity of 11.78% and a net margin of 11.84%. The business had revenue of $434.12 million during the quarter, compared to the consensus estimate of $437.32 million. During the same period in the previous year, the company posted $0.37 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, equities analysts expect that FLIR Systems, Inc. will post $1.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 25th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Wednesday, August 23rd. FLIR Systems’s dividend payout ratio is presently 38.46%.
ILLEGAL ACTIVITY NOTICE: “Alpine Woods Capital Investors LLC Has $2,551,000 Position in FLIR Systems, Inc. (FLIR)” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/alpine-woods-capital-investors-llc-has-2551000-position-in-flir-systems-inc-flir/1490025.html.
A number of research firms have weighed in on FLIR. BidaskClub upgraded shares of FLIR Systems from a “sell” rating to a “hold” rating in a research report on Monday, July 17th. UBS AG upgraded shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating in a research report on Monday, July 10th. Zacks Investment Research cut shares of FLIR Systems from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Raymond James Financial, Inc. upgraded shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating and set a $43.00 price objective on the stock in a research report on Monday, July 10th. Finally, Stephens began coverage on shares of FLIR Systems in a research report on Friday, July 7th. They set an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $38.13.
In other news, Director William Wright Crouch sold 38,800 shares of the business’s stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $35.95, for a total transaction of $1,394,860.00. Following the completion of the transaction, the director now directly owns 36,006 shares of the company’s stock, valued at $1,294,415.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Earl R. Lewis sold 11,587 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $37.27, for a total value of $431,847.49. The disclosure for this sale can be found here. Over the last three months, insiders have sold 64,358 shares of company stock valued at $2,349,223. Corporate insiders own 3.00% of the company’s stock.
About FLIR Systems
FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.
Want to see what other hedge funds are holding FLIR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FLIR Systems, Inc. (NASDAQ:FLIR).
Receive News & Ratings for FLIR Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FLIR Systems Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.