Reilly Financial Advisors Trimmed Flowserve (FLS) Stake; Cts (CTS) Shorts Lowered By 18.88%

December 7, 2017 - By reb123z

Cts Corporation (NYSE:CTS) had a decrease of 18.88% in short interest. CTS’s SI was 314,900 shares in December as released by FINRA. Its down 18.88% from 388,200 shares previously. With 53,400 avg volume, 6 days are for Cts Corporation (NYSE:CTS)’s short sellers to cover CTS’s short positions. The SI to Cts Corporation’s float is 0.98%. The stock increased 0.86% or $0.225 during the last trading session, reaching $26.425. About 2,427 shares traded. CTS Corporation (NYSE:CTS) has risen 18.87% since December 7, 2016 and is uptrending. It has outperformed by 2.17% the S&P500.

Reilly Financial Advisors Llc decreased Flowserve Corp (FLS) stake by 99.61% reported in 2017Q2 SEC filing. Reilly Financial Advisors Llc sold 158,274 shares as Flowserve Corp (FLS)’s stock rose 1.53%. The Reilly Financial Advisors Llc holds 625 shares with $29,000 value, down from 158,899 last quarter. Flowserve Corp now has $5.54B valuation. The stock increased 1.39% or $0.58 during the last trading session, reaching $42.39. About 43,518 shares traded. Flowserve Corporation (NYSE:FLS) has risen 9.35% since December 7, 2016 and is uptrending. It has underperformed by 7.35% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q2. Its up 0.29, from 0.91 in 2017Q1. It improved, as 34 investors sold FLS shares while 112 reduced holdings. 55 funds opened positions while 120 raised stakes. 131.19 million shares or 0.98% less from 132.48 million shares in 2017Q1 were reported. Envestnet Asset Mgmt owns 0.01% invested in Flowserve Corporation (NYSE:FLS) for 48,378 shares. Baker Avenue Asset Limited Partnership has invested 0.11% of its portfolio in Flowserve Corporation (NYSE:FLS). State Treasurer State Of Michigan has invested 0.02% in Flowserve Corporation (NYSE:FLS). Advisory Serv Network Ltd reported 0% of its portfolio in Flowserve Corporation (NYSE:FLS). Moreover, Mufg Americas Holding has 0% invested in Flowserve Corporation (NYSE:FLS) for 975 shares. 180,000 were accumulated by Renaissance Limited Liability Corp. Pnc Fincl Services Group Inc Inc, Pennsylvania-based fund reported 37,982 shares. Panagora Asset Inc reported 23,236 shares stake. Nomura Holdg Incorporated owns 9,880 shares. Marshall Wace Llp stated it has 0.02% in Flowserve Corporation (NYSE:FLS). Gotham Asset Mngmt Ltd holds 0.09% or 140,016 shares in its portfolio. New Mexico Educational Retirement Board has 0.03% invested in Flowserve Corporation (NYSE:FLS). Caprock Group holds 0.06% or 5,430 shares in its portfolio. Prudential Fin Inc invested 0.01% in Flowserve Corporation (NYSE:FLS). Sumitomo Mitsui accumulated 0.03% or 396,390 shares.

Analysts await Flowserve Corporation (NYSE:FLS) to report earnings on February, 15. They expect $0.52 earnings per share, down 27.78% or $0.20 from last year’s $0.72 per share. FLS’s profit will be $67.93M for 20.38 P/E if the $0.52 EPS becomes a reality. After $0.37 actual earnings per share reported by Flowserve Corporation for the previous quarter, Wall Street now forecasts 40.54% EPS growth.

Among 24 analysts covering Flowserve Corporation (NYSE:FLS), 7 have Buy rating, 2 Sell and 15 Hold. Therefore 29% are positive. Flowserve Corporation had 73 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, November 3 by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Friday, September 1. BMO Capital Markets upgraded Flowserve Corporation (NYSE:FLS) rating on Monday, March 27. BMO Capital Markets has “Outperform” rating and $53 target. UBS maintained the shares of FLS in report on Thursday, August 27 with “Neutral” rating. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, July 28 report. On Friday, July 14 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Monday, June 26 by Cowen & Co. The stock has “Market Perform” rating by BMO Capital Markets on Friday, November 3. The firm has “Neutral” rating by Citigroup given on Thursday, January 21. RBC Capital Markets maintained it with “Underperform” rating and $47 target in Monday, August 3 report.

Reilly Financial Advisors Llc increased Goldman Sachs Group Inc (NYSE:GS) stake by 1,653 shares to 46,111 valued at $10.23M in 2017Q2. It also upped Northern Tr Corp (NASDAQ:NTRS) stake by 3,478 shares and now owns 114,110 shares. Ishares Tr (IWN) was raised too.

CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets. The company has market cap of $870.36 million. It offers sensors and actuators used in passenger or consumer vehicles; electronic components used in infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets. It has a 29.01 P/E ratio. The firm also creates and develops sensing technology for radio frequency measurement and control systems.

Among 2 analysts covering CTS Corp (NYSE:CTS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CTS Corp had 2 analyst reports since July 29, 2015 according to SRatingsIntel. Gabelli downgraded the stock to “Hold” rating in Wednesday, July 29 report.

Investors sentiment increased to 1.43 in Q2 2017. Its up 0.39, from 1.04 in 2017Q1. It is positive, as 5 investors sold CTS Corporation shares while 35 reduced holdings. 16 funds opened positions while 41 raised stakes. 30.53 million shares or 1.23% more from 30.16 million shares in 2017Q1 were reported. Metropolitan Life Ins reported 22,531 shares. California State Teachers Retirement Sys has invested 0% in CTS Corporation (NYSE:CTS). Gamco Invsts Incorporated Et Al has invested 0.33% in CTS Corporation (NYSE:CTS). Adirondack Mgmt Incorporated invested in 1.22% or 144,777 shares. Louisiana State Employees Retirement Sys accumulated 13,400 shares or 0.01% of the stock. Commercial Bank Of America Corp De reported 84,751 shares. Alps Advisors reported 0% stake. Goldman Sachs Gp holds 1.47 million shares or 0.01% of its portfolio. Millennium Mngmt Lc, a New York-based fund reported 29,003 shares. Price T Rowe Associate Md reported 0.01% of its portfolio in CTS Corporation (NYSE:CTS). Gabelli Funds Ltd has 774,000 shares for 0.1% of their portfolio. Brown Advisory holds 1.58M shares. Geode Cap Management Limited holds 0% or 247,969 shares. Ls Inv Advsr Limited Liability owns 7,388 shares. Legal & General Gru Public Limited Com holds 0% in CTS Corporation (NYSE:CTS) or 61,535 shares.

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