Tudor Investment Corp ET AL grew its stake in shares of FLIR Systems, Inc. (NASDAQ:FLIR) by 41.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,483 shares of the scientific and technical instruments company’s stock after buying an additional 7,410 shares during the quarter. Tudor Investment Corp ET AL’s holdings in FLIR Systems were worth $883,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Legal & General Group Plc raised its position in shares of FLIR Systems by 8.2% during the 2nd quarter. Legal & General Group Plc now owns 208,746 shares of the scientific and technical instruments company’s stock valued at $7,236,000 after buying an additional 15,823 shares in the last quarter. Eagle Asset Management Inc. raised its position in shares of FLIR Systems by 253.7% during the 2nd quarter. Eagle Asset Management Inc. now owns 798,986 shares of the scientific and technical instruments company’s stock valued at $27,692,000 after buying an additional 573,103 shares in the last quarter. KBC Group NV raised its position in shares of FLIR Systems by 17.4% during the 1st quarter. KBC Group NV now owns 16,107 shares of the scientific and technical instruments company’s stock valued at $584,000 after buying an additional 2,389 shares in the last quarter. Chevy Chase Trust Holdings Inc. raised its position in shares of FLIR Systems by 5.2% during the 2nd quarter. Chevy Chase Trust Holdings Inc. now owns 2,027,764 shares of the scientific and technical instruments company’s stock valued at $70,283,000 after buying an additional 100,971 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of FLIR Systems by 2.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 652,207 shares of the scientific and technical instruments company’s stock valued at $22,606,000 after buying an additional 18,041 shares in the last quarter. Hedge funds and other institutional investors own 90.73% of the company’s stock.

In other FLIR Systems news, Director Earl R. Lewis sold 11,587 shares of the stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $37.27, for a total transaction of $431,847.49. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Earl R. Lewis sold 20,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $38.22, for a total transaction of $764,400.00. Following the transaction, the director now owns 509,379 shares in the company, valued at $19,468,465.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 292,907 shares of company stock worth $11,191,737. 3.00% of the stock is owned by company insiders.

Several research firms have recently weighed in on FLIR. BidaskClub upgraded shares of FLIR Systems from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 11th. Raymond James Financial, Inc. upgraded shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating and set a $43.00 price objective on the stock in a research report on Monday, July 10th. UBS AG upgraded shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating in a research report on Monday, July 10th. Zacks Investment Research cut shares of FLIR Systems from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, Stephens began coverage on shares of FLIR Systems in a research report on Friday, July 7th. They issued an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $38.71.

FLIR Systems, Inc. (NASDAQ:FLIR) opened at 41.07 on Friday. The stock has a market cap of $5.63 billion, a PE ratio of 26.48 and a beta of 0.60. FLIR Systems, Inc. has a 52-week low of $28.26 and a 52-week high of $41.46. The firm has a 50 day moving average of $38.88 and a 200-day moving average of $37.23.

FLIR Systems (NASDAQ:FLIR) last posted its quarterly earnings results on Wednesday, July 26th. The scientific and technical instruments company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.01. The company had revenue of $434.12 million for the quarter, compared to the consensus estimate of $437.32 million. FLIR Systems had a net margin of 12.44% and a return on equity of 13.97%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.37 EPS. Equities analysts anticipate that FLIR Systems, Inc. will post $1.85 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 25th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.46%. The ex-dividend date was Wednesday, August 23rd. FLIR Systems’s dividend payout ratio is presently 38.46%.

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FLIR Systems Company Profile

FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.

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Institutional Ownership by Quarter for FLIR Systems (NASDAQ:FLIR)

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