Aimz Investment Advisors Lowers stake in FLIR Systems (FLIR)

FLIR Systems (FLIR) : Aimz Investment Advisors reduced its stake in FLIR Systems by 0.69% during the most recent quarter end. The investment management company now holds a total of 63,621 shares of FLIR Systems which is valued at $1,967,161 after selling 444 shares in FLIR Systems , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.FLIR Systems makes up approximately 1.75% of Aimz Investment Advisors’s portfolio.

Other Hedge Funds, Including , Cramer Rosenthal Mcglynn reduced its stake in FLIR by selling 25,465 shares or 1.7% in the most recent quarter. The Hedge Fund company now holds 1,472,525 shares of FLIR which is valued at $45,530,473. FLIR Systems makes up approx 0.71% of Cramer Rosenthal Mcglynn’s portfolio.Aperio Group boosted its stake in FLIR in the latest quarter, The investment management firm added 13,594 additional shares and now holds a total of 30,653 shares of FLIR Systems which is valued at $947,791. FLIR Systems makes up approx 0.01% of Aperio Group’s portfolio.New York State Common Retirement Fund boosted its stake in FLIR in the latest quarter, The investment management firm added 8,635 additional shares and now holds a total of 910,406 shares of FLIR Systems which is valued at $28,149,754. FLIR Systems makes up approx 0.04% of New York State Common Retirement Fund’s portfolio. Washington Capital Management Inc sold out all of its stake in FLIR during the most recent quarter. The investment firm sold 34,537 shares of FLIR which is valued $1,098,277.

FLIR Systems opened for trading at $30.77 and hit $30.91 on the upside on Thursday, eventually ending the session at $30.86, with a gain of 0.10% or 0.03 points. The heightened volatility saw the trading volume jump to 4,67,188 shares. Company has a market cap of $4,236 M.

On the company’s financial health, FLIR Systems reported $0.34 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.35. The company had revenue of $402.73 million for the quarter, compared to analysts expectations of $402.77 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Many Wall Street Analysts have commented on FLIR Systems. FLIR Systems was Downgraded by Raymond James to ” Outperform” on Jul 25, 2016.

FLIR Systems Inc. (FLIR) designs develops markets and distributes thermal imaging systems visible-light imaging systems locater systems measurement and diagnostic systems and advanced threat-detection solutions. The Company’s operating segments include: Surveillance Instruments OEM and Emerging Markets Maritime Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image measure and assess thermal energy gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors instruments and integrated platform solutions for the detection identification and suppression of chemical and other related threats.

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