Colfax Corp (NYSE:CFX) Stock Price Up as Sentiment Increases

July 18, 2017 - By Peter Erickson

 Colfax Corp (NYSE:CFX) Stock Price Up as Sentiment  Increases

Sentiment for Colfax Corp (NYSE:CFX)

Colfax Corp (NYSE:CFX) institutional sentiment increased to 1.14 in 2016 Q4. Its up 0.32, from 0.82 in 2016Q3. The ratio has increased, as 99 active investment managers increased or opened new stock positions, while 87 sold and decreased their holdings in Colfax Corp. The active investment managers in our partner’s database now possess: 91.40 million shares, down from 94.26 million shares in 2016Q3. Also, the number of active investment managers holding Colfax Corp in their top 10 stock positions was flat from 4 to 4 for the same number . Sold All: 21 Reduced: 66 Increased: 59 New Position: 40.

Colfax Corporation is an industrial manufacturing and engineering company. The company has market cap of $5.11 billion. The Firm provides gas and fluid handling and fabrication technology services and products to clients around the world. It has a 35.31 P/E ratio. The Company’s divisions include Gas and Fluid Handling, and Fabrication Technology.

The stock increased 0.83% or $0.34 on July 17, reaching $41.24. About shares traded. Colfax Corp (NYSE:CFX) has risen 61.22% since July 18, 2016 and is uptrending. It has outperformed by 44.52% the S&P500.

Bdt Capital Partners Llc holds 100% of its portfolio in Colfax Corp for 10.70 million shares. Bares Capital Management Inc. owns 4.03 million shares or 8.62% of their US portfolio. Moreover, Van Den Berg Management I Inc has 4.6% invested in the company for 1.08 million shares. The Nebraska-based Lincoln Capital Llc has invested 3.96% in the stock. Lodge Hill Capital Llc, a New York-based fund reported 803,000 shares.#img1#

Colfax Corp (NYSE:CFX) Ratings Coverage

Ratings analysis reveals 50% of Colfax’s analysts are positive. Out of 16 Wall Street analysts rating Colfax, 8 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $21 while the high is $52. The stock’s average target of $34.58 is -16.15% below today’s ($41.24) share price. CFX was included in 33 notes of analysts from July 27, 2015. The firm has “Outperform” rating given on Friday, January 13 by RBC Capital Markets. The rating was upgraded by BB&T Capital to “Buy” on Tuesday, May 17. As per Thursday, October 15, the company rating was maintained by Stifel Nicolaus. On Tuesday, March 29 the stock rating was initiated by Gabelli with “Hold”. The stock of Colfax Corp (NYSE:CFX) has “Equalweight” rating given on Monday, July 18 by Barclays Capital. The firm has “Sell” rating given on Thursday, January 21 by Citigroup. The firm earned “Buy” rating on Friday, June 9 by RBC Capital Markets. On Friday, December 11 the stock rating was upgraded by Cowen & Co to “Outperform”. Cowen & Co maintained the shares of CFX in report on Friday, July 14 with “Buy” rating. The rating was upgraded by Barclays Capital to “Equalweight” on Wednesday, May 25.

Another recent and important Colfax Corp (NYSE:CFX) news was published by Streetinsider.com which published an article titled: “Colfax Corporation (CFX) PT Raised to $50 at Cowen; ‘Internal Operational …” on July 14, 2017.

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