Company chares are trading at $58.38 a bit lower than $63.39, the 50 day moving average and a tad below the 200 day moving average of $62.51. The 50 day moving average moved down $-4.90 and the 200 day average was down $-4.02. 130K shares changed hands on Wednesday. Overall, volume was up 4.13% over the stocks normal daily volume.
There has been some selling insider activity on CIRCOR International, Inc. (NYSE:CIR) recently. Sr VP, Business Development Arjun Sharma let go of 2,930 shares at an average price of $60.63 on Thu the 23rd. That brings the Sr VP, Business Development’s holdings to $606,846 as reported to the SEC. VP Arjun Sharma sold 762 shares at an average price of $62.00 on Tue the 22nd. The VP now owns $681,070 of the stock as recorded in a recent Form 4 SEC filing.
Arjun Sharma, VP sold $69,500 worth of shares at an average price of $61.45 on November 17th. That brings Sharma’s holdings to $721,853 per an SEC filing yesterday.
Here are some other firms who have updated their holdings. Clearbridge Investments, LLC added to its ownership by buying 173 shares an increase of 85.6% in the quarter. Clearbridge Investments, LLC claims 375 shares with a value of $22,000. The total value of its holdings increased 69.2%. As of the end of the quarter Morgan Stanley had disposed of a total of 200 shares trimming its holdings by 33.1%. The value of the company’s investment in CIRCOR International, Inc. decreased from $39,000 to $24,000 a change of 38.5% quarter to quarter.
Tower Research Capital LLC (trc) grew its stake by buying 846 shares an increase of 220.3% from 12/31/2016 to 03/31/2017. Tower Research Capital LLC (trc) controls 1,230 shares worth $73,000. The value of the position overall is up by 192.0%. Goldman Sachs Group Inc bolstered its holdings by buying 621,416 shares an increase of 2,603.2% as of 03/31/2017. Goldman Sachs Group Inc now holds 645,287 shares valued at $38,356,000. The total value of its holdings increased 2,376.2%.
On June 22 the company was upgraded to “Buy” from “” in an announcement from Sidoti & Co.. On June 21 the company was set at “Sell” by Seaport Global which is down from the previous “Accumulate” rating.
On October 17 the stock rating was upgraded from “Sector Weight” to “Overweight” by KeyBanc. KeyBanc initiated coverage giving it an initial rating of “Sector Weight”.
On May 2, 2016 the stock rating was changed to a “Buy” in a report from Stifel Nicolaus up from the previous “Hold” rating. On April 14, 2016 the stock rating was rated “Reduce” according to a SunTrust Robinson Humphrey report a cut from the previous “Neutral” rating.
The company is now up since yesterday’s close of $57.93. Additionally the company recently declared a dividend paid on Thursday the 8th of June 2017. The dividend was $0.038 per share for the quarter or $0.15 annualized. The dividend yield was $0.26. The ex-dividend date was Tuesday the 23rd of May 2017.
The most current P/E ratio is 87.43 and the market cap is 964.73M. 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 currently outstanding. Next quarter’s EPS is forecasted at $0.57 with next year’s EPS anticipated to be $2.79.
CIRCOR International, Inc. (CIRCOR), launched on July 1, 1999, 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)). The Company sells its products through approximately 800 distributors or representatives, as well as directly to end user customers. As of December 31, 2016, the Company operated 19 manufacturing facilities that are located in North America, Western Europe, Morocco and India..