Lombard Odier Transatlantic Limited Partnership buys $2,727,762 stake in FLIR Systems (FLIR)

FLIR Systems (FLIR) : Lombard Odier Transatlantic Limited Partnership scooped up 13,940 additional shares in FLIR Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 88,220 shares of FLIR Systems which is valued at $2,727,762.FLIR Systems makes up approximately 2.73% of Lombard Odier Transatlantic Limited Partnership’s portfolio.

Other Hedge Funds, Including , Summit Partners Public Asset Management added FLIR to its portfolio by purchasing 50,000 company shares during the most recent quarter which is valued at $1,546,000. FLIR Systems makes up approx 0.53% of Summit Partners Public Asset Management’s portfolio.Columbia Wanger Asset Management reduced its stake in FLIR by selling 244,232 shares or 13.68% in the most recent quarter. The Hedge Fund company now holds 1,541,065 shares of FLIR which is valued at $47,649,730. FLIR Systems makes up approx 0.52% of Columbia Wanger Asset Management’s portfolio.Spf Beheer Bv reduced its stake in FLIR by selling 90,838 shares or 5.13% in the most recent quarter. The Hedge Fund company now holds 1,680,110 shares of FLIR which is valued at $52,688,250. FLIR Systems makes up approx 2.68% of Spf Beheer Bv’s portfolio. Chartwell Investment Partners added FLIR to its portfolio by purchasing 657,030 company shares during the most recent quarter which is valued at $20,893,554. FLIR Systems makes up approx 0.35% of Chartwell Investment Partners’s portfolio.

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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