Riverhead Capital Management LLC boosted its stake in CIRCOR International, Inc. (NYSE:CIR) by 76.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,467 shares of the industrial products company’s stock after purchasing an additional 1,500 shares during the quarter. Riverhead Capital Management LLC’s holdings in CIRCOR International were worth $128,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CIR. Gabelli Funds LLC lifted its holdings in shares of CIRCOR International by 0.6% in the first quarter. Gabelli Funds LLC now owns 970,500 shares of the industrial products company’s stock valued at $41,402,000 after purchasing an additional 5,770 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of CIRCOR International by 2.7% in the first quarter. Gamco Investors INC. ET AL now owns 1,464,710 shares of the industrial products company’s stock valued at $62,485,000 after purchasing an additional 38,859 shares in the last quarter. California Public Employees Retirement System lifted its holdings in shares of CIRCOR International by 41.8% in the first quarter. California Public Employees Retirement System now owns 16,591 shares of the industrial products company’s stock valued at $708,000 after purchasing an additional 4,891 shares in the last quarter. Silvercrest Asset Management Group LLC lifted its holdings in shares of CIRCOR International by 11.9% in the first quarter. Silvercrest Asset Management Group LLC now owns 716,368 shares of the industrial products company’s stock valued at $30,561,000 after purchasing an additional 76,308 shares in the last quarter. Finally, Peregrine Capital Management LLC purchased a new stake in shares of CIRCOR International in the second quarter valued at $18,001,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

NYSE CIR opened at $43.89 on Tuesday. CIRCOR International, Inc. has a 1-year low of $35.16 and a 1-year high of $56.37. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.34 and a current ratio of 2.31. The firm has a market capitalization of $860.51 million, a PE ratio of 22.02 and a beta of 2.01.

CIRCOR International (NYSE:CIR) last posted its quarterly earnings results on Thursday, July 26th. The industrial products company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.08. CIRCOR International had a negative net margin of 1.43% and a positive return on equity of 6.57%. The business had revenue of $301.37 million for the quarter, compared to the consensus estimate of $282.31 million. During the same period in the prior year, the business posted $0.54 earnings per share. CIRCOR International’s revenue for the quarter was up 99.3% compared to the same quarter last year. sell-side analysts predict that CIRCOR International, Inc. will post 2.18 EPS for the current year.

A number of equities analysts have recently weighed in on CIR shares. Zacks Investment Research raised shares of CIRCOR International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Citigroup started coverage on shares of CIRCOR International in a research note on Tuesday, August 21st. They issued a “neutral” rating and a $50.00 price target on the stock. KeyCorp dropped their price target on shares of CIRCOR International from $57.00 to $53.00 and set an “overweight” rating on the stock in a research note on Monday, July 9th. Finally, ValuEngine raised shares of CIRCOR International from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $52.00.

CIRCOR International Profile

CIRCOR International, Inc designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Advanced Flow Solutions, and Fluid Handling. The Energy segment offers a range of flow control solutions and services, including valves, such as engineered trunion and floating ball valves; gate, globe, and check valves; and butterfly valves, as well as delayed coking unheading devices, and fluid catalytic converter and isolation valves.

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

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