Positions for Flowserve Corp (NYSE:FLS)

“Big money sentiment for Flowserve Corp (NYSE:FLS) in 2018 Q3 increased to 0.9, according to SEC.gov filings. That’s up 0.01, from 2018Q2’s 0.89. 133 active investment managers started new and increased equity positions, while 148 sold and decreased their equity positions in Flowserve Corp so the sentiment is positive. Funds own 129.90 million shares, down from 138.41 million shares in 2018Q2. Funds holding Flowserve Corp in top 10 was flat from 3 to 3 for the same number . 21 Investors Sold All; 127 Reduced Holdings; 83 increased holdings while 50 active investment managers bought holdings.

Largest Flowserve Corp Shareholders

Edgepoint Investment Group Inc. owns 14.12 million shares in Flowserve Corp as of 2018 Q3. Flowserve Corp’s shareholder Golub Group Llc owns 1.41 million shares as of 2018 Q3. In addition, Spf Beheer Bv reported 1.31 million shares in Flowserve Corp equivalent to 2.65% of its equity exposure. Causeway Capital Management Llc revealed 4.79 million shares position in Flowserve Corp. The Montana-based fund Davidson Investment Advisors looks positive on Flowserve Corp, owning 416,577 shares.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment worldwide.The firm is worth $5.76 billion. The firm operates through three divisions: Engineered Product Division , Industrial Product Division (IPD), and Flow Control Division (FCD).Last it reported negative earnings. The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related services, as well as makes gas-lubricated mechanical seal that is used in high-speed compressors.

FLS reached $44.04 during the last trading session after $0.41 change.Flowserve Corporation is uptrending after having risen 4.50% since February 1, 2018. FLS has 1.32 million volume or 1.45% up from normal. FLS outperformed by 4.50% the S&P 500.

Flowserve Corporation (NYSE:FLS)’s earnings report is anticipated by WallStreet on February, 21, according to Zacks. Analysts have anticipation on stock’s EPS of $0.58. That’s up 16.00 % from last year’s $0.5 EPS. FLS’s profit could reach $75.90 million with 18.98 P/E in case $0.58 EPS is announced. Analysts at Wall Street see Flowserve Corporation’s 18.37 % EPS growth compared to $0.49 EPS for previous quarter.

Daiwa Group holds 0% or 4,357 shs in its capital. Ancora Advisors Limited Liability Company, a Us-based fund reported 498 shs. Mason Street Limited Com stated it has 0.02% of its capital in Flowserve Corporation (NYSE:FLS). Hilltop Inc holds 0.13% of its capital in Flowserve Corporation (NYSE:FLS) for 11,010 shs. Kj Harrison & Prtnrs Incorporated owns 60,000 shs. Amalgamated Bancshares invested in 0.04% or 26,579 shs. Willingdon Wealth Management reported 20 shs stake. Livforsakringsbolaget Skandia Omsesidigt reported 0.01% in Flowserve Corporation (NYSE:FLS). Eaton Vance Mngmt holds 0% of its capital in Flowserve Corporation (NYSE:FLS) for 20,082 shs. Royal Bancorporation Of Canada accumulated 66,729 shs or 0% of the stock. Parkside Financial Bank And Trust accumulated 0% or 71 shs. The Colorado-based Advsr Asset Mgmt has invested 0% in Flowserve Corporation (NYSE:FLS). Turtle Creek Asset Management holds 0.01% of its capital in Flowserve Corporation (NYSE:FLS) for 1,650 shs. Visionary Asset Mgmt Inc invested in 3,984 shs or 0.07% of the stock. World Asset Management Incorporated, a Michigan-based fund reported 8,735 shs.

Flowserve Corporation (NYSE:FLS) Ratings Coverage

A total of 9 analysts rate Flowserve (NYSE:FLS) as follows: 1 “Buy”, 6 “Hold” and 2 “Sell”. Тherefore 11% are bullish. The firm has $55 highest and $44 lowest target. The avg target $49.75 is 12.97% above the last ($44.04) price. (NYSE:FLS) has 12 ratings reports on 1 Feb 2019 according to StockzIntelligence. On Monday, November 12 the stock of Flowserve Corporation (NYSE:FLS) earned “Neutral” rating by Robert W. Baird. On Friday, August 10 the stock has “Market Perform” rating by BMO Capital Markets. On Thursday, September 13 the rating was upgraded by Northcoast to “Buy”. On Friday, August 10 the stock has “Neutral” rating by Citigroup. On Tuesday, November 13 Morgan Stanley maintained the shares of FLS in report with “Equal-Weight” rating. On Thursday, October 18 Vertical Research downgraded Flowserve Corporation (NYSE:FLS) rating. Vertical Research has “Sell” rating and $44 target. On Friday, August 10 RBC Capital Markets maintained the shares of FLS in report with “Sector Perform” rating. On Monday, October 8 the company was maintained by Stifel Nicolaus. On Monday, August 13 the firm has “Hold” rating by Stifel Nicolaus given. On Tuesday, December 18 Morgan Stanley downgraded Flowserve Corporation (NYSE:FLS) to “Underweight” rating.

For more Flowserve Corporation (NYSE:FLS) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Credit Suisse weighs in on industrials – Seeking Alpha” posted on January 03, 2019, “Flowserve’s (FLS) CEO Scott Rowe on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” on May 11, 2018, “Flowserve Had Been Left For Dead, Time To Revisit? – Seeking Alpha” with a publish date: August 28, 2018, “Flowserve hosts analyst day, reiterates guidance – Seeking Alpha” and the last “Flowserve -4% as Q1 bookings, backlog slip – Seeking Alpha” with publication date: May 10, 2018.