New York State Teachers Retirement System Has $707,000 Position in CIRCOR International, Inc. (CIR)

New York State Teachers Retirement System held its position in CIRCOR International, Inc. (NYSE:CIR) during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,899 shares of the company’s stock at the end of the fourth quarter. New York State Teachers Retirement System’s holdings in CIRCOR International were worth $707,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Teton Advisors Inc. raised its position in CIRCOR International by 2.1% in the fourth quarter. Teton Advisors Inc. now owns 181,600 shares of the company’s stock worth $11,782,000 after buying an additional 3,800 shares during the period. Comerica Bank raised its position in CIRCOR International by 5.9% in the fourth quarter. Comerica Bank now owns 17,988 shares of the company’s stock worth $1,124,000 after buying an additional 1,000 shares during the period. Russell Investments Group Ltd. bought a new position in CIRCOR International during the fourth quarter worth $3,841,000. Citadel Advisors LLC bought a new position in CIRCOR International during the third quarter worth $619,000. Finally, Municipal Employees Retirement System of Michigan raised its position in CIRCOR International by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 3,640 shares of the company’s stock worth $217,000 after buying an additional 60 shares during the period. 99.32% of the stock is currently owned by institutional investors.

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

Shares of CIRCOR International, Inc. (NYSE:CIR) opened at 56.28 on Monday. CIRCOR International, Inc. has a 52-week low of $45.11 and a 52-week high of $72.96. The firm has a 50-day moving average price of $61.38 and a 200-day moving average price of $60.17. The stock has a market cap of $921.36 million, a P/E ratio of 92.26 and a beta of 1.40.

CIRCOR International (NYSE:CIR) last issued its earnings results on Thursday, February 16th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. The business earned $158 million during the quarter, compared to the consensus estimate of $150.90 million. CIRCOR International had a return on equity of 8.67% and a net margin of 3.23%. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 EPS. On average, analysts anticipate that CIRCOR International, Inc. will post $2.21 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 9th. Stockholders of record on Thursday, February 23rd were paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Tuesday, February 21st. CIRCOR International’s dividend payout ratio (DPR) is 12.93%.

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A number of equities analysts have weighed in on the company. Zacks Investment Research raised CIRCOR International from a “sell” rating to a “hold” rating in a research note on Monday, February 27th. Stifel Nicolaus lowered CIRCOR International from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $69.00 to $74.00 in a research note on Friday, February 17th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $63.75.

In other news, SVP Arjun Sharma sold 2,930 shares of the stock in a transaction that occurred on Thursday, February 23rd. The stock was sold at an average price of $60.65, for a total transaction of $177,704.50. Following the completion of the transaction, the senior vice president now directly owns 12,939 shares of the company’s stock, valued at approximately $784,750.35. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.

About CIRCOR International

CIRCOR International, Inc (CIRCOR) 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)).

5 Day Chart for NYSE:CIR

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