Versor Investments LP Makes New $429,000 Investment in Enerflex Ltd. $EFXT

Versor Investments LP bought a new position in Enerflex Ltd. (NYSE:EFXT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 27,800 shares of the company’s stock, valued at approximately $429,000.

Other large investors have also added to or reduced their stakes in the company. Plato Investment Management Ltd grew its position in Enerflex by 399.4% in the 4th quarter. Plato Investment Management Ltd now owns 4,664 shares of the company’s stock worth $72,000 after purchasing an additional 3,730 shares during the period. SG Americas Securities LLC bought a new stake in Enerflex in the 4th quarter worth approximately $119,000. D Orazio & Associates Inc. grew its position in Enerflex by 14.8% in the 3rd quarter. D Orazio & Associates Inc. now owns 11,580 shares of the company’s stock worth $125,000 after purchasing an additional 1,497 shares during the period. Shelton Capital Management bought a new stake in Enerflex in the 3rd quarter worth approximately $136,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Enerflex in the 3rd quarter worth approximately $138,000. Institutional investors own 46.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EFXT shares. TD Securities reiterated a “buy” rating on shares of Enerflex in a research note on Friday, May 8th. Raymond James Financial cut shares of Enerflex from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday, February 3rd. Weiss Ratings upgraded shares of Enerflex from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $28.00 price objective on shares of Enerflex in a research note on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Enerflex in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Enerflex presently has an average rating of “Moderate Buy” and an average price target of $29.50.

Enerflex Price Performance

Shares of NYSE:EFXT opened at $27.65 on Friday. The firm’s 50 day moving average price is $23.04 and its 200-day moving average price is $18.42. Enerflex Ltd. has a twelve month low of $6.74 and a twelve month high of $29.15. The company has a quick ratio of 0.89, a current ratio of 1.20 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $3.38 billion, a PE ratio of 41.27 and a beta of 1.93.

Enerflex (NYSE:EFXT) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.08. Enerflex had a net margin of 3.19% and a return on equity of 14.53%. The firm had revenue of $584.00 million for the quarter, compared to analysts’ expectations of $607.26 million. Equities research analysts expect that Enerflex Ltd. will post 1.68 EPS for the current year.

Enerflex Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.0425 per share. The ex-dividend date is Wednesday, May 20th. This represents a $0.17 dividend on an annualized basis and a yield of 0.6%. Enerflex’s dividend payout ratio (DPR) is presently 17.91%.

About Enerflex

Enerflex Ltd is a Calgary‐headquartered energy infrastructure company specializing in the design, fabrication, installation and aftermarket support of natural gas compression, processing, refrigeration and treatment equipment. Its product portfolio includes reciprocating and centrifugal compression systems, gas treating and refrigeration packages, fuel gas conditioning and liquid separation solutions. In addition to equipment sales, Enerflex delivers field services such as commissioning, maintenance, monitoring and parts supply to optimize asset performance throughout the lifecycle.

The company supports upstream, midstream and downstream energy customers through an integrated offering that spans engineering, procurement and construction (EPC) as well as modular fabrication.