Napier Park Global Capital (us) Lp Exits Position in SPX Flow Inc (FLOW)

SPX Flow Inc (FLOW) : Napier Park Global Capital (us) Lp has sold out all of its stake in SPX Flow Inc during the most recent quarter, according to the disclosure filed by the company on Aug 11, 2016 with the SEC. The investment management company has sold out 9,530 shares of SPX Flow Inc which is valued at $250,734.

Other Hedge Funds, Including , Pacad Investment Ltd. reduced its stake in FLOW by selling 3,631 shares or 31.3% in the most recent quarter. The Hedge Fund company now holds 7,968 shares of FLOW which is valued at $209,638. SPX Flow Inc makes up approx 0.03% of Pacad Investment Ltd.’s portfolio. Acrospire Investment Management added FLOW to its portfolio by purchasing 3,800 company shares during the most recent quarter which is valued at $97,470. SPX Flow Inc makes up approx 0.07% of Acrospire Investment Management’s portfolio.Robecosam Usa reduced its stake in FLOW by selling 7,598 shares or 16.73% in the most recent quarter. The Hedge Fund company now holds 37,824 shares of FLOW which is valued at $970,564. SPX Flow Inc makes up approx 1.15% of Robecosam Usa’s portfolio.California State Teachers Retirement System reduced its stake in FLOW by selling 15,599 shares or 17.4% in the most recent quarter. The Hedge Fund company now holds 74,041 shares of FLOW which is valued at $1,973,193.New York State Teachers Retirement System reduced its stake in FLOW by selling 3,900 shares or 5.13% in the most recent quarter. The Hedge Fund company now holds 72,130 shares of FLOW which is valued at $1,985,018. SPX Flow Inc makes up approx 0.01% of New York State Teachers Retirement System’s portfolio.

On the company’s financial health, SPX Flow Inc reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.41. The company had revenue of $528.80 million for the quarter, compared to analysts expectations of $537.39 million. The company’s revenue was down -14.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.15 EPS.

SPX FLOW Inc. is a global supplier of engineered flow components process equipment and turnkey systems along with the related aftermarket parts and services. The Company’s product portfolio includes pumps valves mixers filters air dryers hydraulic tools homogenizers separators and heat exchangers along with the related aftermarket parts and services. It operates in three segments: Food and Beverage Power and Energy and Industrial. The Food and Beverage segment products include mixing drying evaporation and separation systems and components heat exchangers and reciprocating and centrifugal pump technologies. The Power and Energy segment primarily serves customers in the oil and gas industry and the nuclear and other conventional power industries. The Industrial segment primarily serves customers in the chemical air treatment mining pharmaceutical marine shipbuilding infrastructure construction automotive and water treatment industries.

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