WCM Investment Management CA lifted its stake in FLIR Systems, Inc. (NASDAQ:FLIR) by 498.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,935 shares of the scientific and technical instruments company’s stock after buying an additional 94,890 shares during the quarter. WCM Investment Management CA’s holdings in FLIR Systems were worth $5,312,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Howe & Rusling Inc. bought a new position in shares of FLIR Systems in the third quarter worth about $261,000. Cardinal Capital Management raised its stake in FLIR Systems by 10.0% during the 3rd quarter. Cardinal Capital Management now owns 16,653 shares of the scientific and technical instruments company’s stock valued at $647,000 after purchasing an additional 1,510 shares during the period. Asset Management One Co. Ltd. raised its stake in FLIR Systems by 31.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 273,830 shares of the scientific and technical instruments company’s stock valued at $10,662,000 after purchasing an additional 65,957 shares during the period. Grandfield & Dodd LLC bought a new stake in FLIR Systems during the 3rd quarter valued at approximately $1,357,000. Finally, APG Asset Management N.V. raised its stake in FLIR Systems by 58.5% during the 3rd quarter. APG Asset Management N.V. now owns 169,868 shares of the scientific and technical instruments company’s stock valued at $6,610,000 after purchasing an additional 62,700 shares during the period. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

Shares of FLIR Systems, Inc. (FLIR) opened at $46.46 on Friday. The stock has a market capitalization of $6,706.99, a P/E ratio of 29.22 and a beta of 0.66. FLIR Systems, Inc. has a 12 month low of $33.75 and a 12 month high of $52.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.36 and a current ratio of 3.48.

Several analysts recently issued reports on FLIR shares. Needham & Company LLC reissued a “buy” rating and set a $50.00 target price (up previously from $42.00) on shares of FLIR Systems in a research note on Thursday, October 26th. BidaskClub raised FLIR Systems from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Zacks Investment Research raised FLIR Systems from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Tuesday, January 9th. SunTrust Banks raised FLIR Systems from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research note on Monday, January 8th. Finally, Robert W. Baird reissued a “hold” rating and set a $34.00 target price on shares of FLIR Systems in a research note on Tuesday, October 24th. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $46.83.

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FLIR Systems Company Profile

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.

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Institutional Ownership by Quarter for FLIR Systems (NASDAQ:FLIR)

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