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Are Analysts Bearish Colfax Corporation (NYSE:CFX) After Last Week?

14 January 2018

985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. At&T Inc now has $226.53 billion valuation. The stock increased 2.31% or $1.23 during the last trading session, reaching $54.45. About 5.21M shares traded or 67.82% up from the average. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 11, 2017 and is downtrending. It has underperformed by 40.49% the S&P500.

Lodge Hill Capital Llc decreased Colfax Corp (Call) (CFX) stake by 61.39% reported in 2017Q3 SEC filing. Lodge Hill Capital Llc sold 1.24M shares as the company's stock rose 1.39% with the market. The Lodge Hill Capital Llc holds 780,000 shares with $32.48 million value, down from 2.02 million last quarter.

Sun Life Financial Inc, which manages about $1.01B US Long portfolio, decreased its stake in Consumer Staples Select Sector Spdr Fund (XLP) by 89,755 shares to 151,980 shares, valued at $8.20 million in 2017Q3, according to the filing. The stock decreased 0.22% or $0.09 during the last trading session, reaching $41. 375,354 shares of the stock were exchanged, compared to its average volume of 766,408. It has outperformed by 44.52% the S&P500.

Investors sentiment decreased to 1.1 in 2017 Q3. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.80. It turned negative, as 25 investors sold CFX shares while 71 reduced holdings. Capital Fund Management S.A. acquired a new stake in Colfax during the 2nd quarter valued at approximately $1,154,000. Norris Perne & French Llp Mi reported 165,470 shares. 16,379 are owned by Envestnet Asset Mgmt. Weitz Investment Management Inc. now owns 2,276,544 shares of the company's stock valued at $60,237,000 after buying an additional 98,304 shares during the period. Parallax Volatility Advisers LP owns 0% invested in Colfax Corporation (NYSE:CFX) for 64 shares. The Massachusetts-based Massachusetts Fin Com Ma has invested 0.05% in Colfax Corporation (NYSE:CFX). Alpha Windward Lc has 12,300 shares for 0.32% of their portfolio. Metropolitan Life Insur New York reported 0% of its portfolio in Colfax Corporation (NYSE:CFX). 15,000 are owned by Hudson Bay Management Ltd Partnership. Brown Brothers Harriman Company invested in 18,655 shares. Hanson Doremus Inv owns 300 shares for 0.01% of their portfolio. Eqis Management stated it has 0.03% in Colfax Corporation (NYSE:CFX). Colfax Corporation now has an average rating of Hold and an average target price of $33.53. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. It also increased its holding in Aci Worldwide Inc (NASDAQ:ACIW) by 118,083 shares in the quarter, for a total of 265,000 shares, and has risen its stake in Pioneer Nat Res Co (NYSE:PXD). Deere & Co (NYSE:DE) was raised too. Seven analysts have provided estimates for Colfax's earnings, with the highest sales estimate coming in at $937.90 million and the lowest estimate coming in at $876.25 million. During the same period a year ago, the company earned $0.39 earnings per share. CFX's profit will be $57.87 million for 21.86 P/E if the $0.47 EPS becomes a reality.

Equities research analysts at Gabelli issued their FY2017 earnings per share (EPS) estimates for shares of Colfax in a research report issued on Tuesday, according to Zacks Investment Research.

Among 19 analysts covering Colfax (NYSE:CFX), 10 have Buy rating, 2 Sell and 7 Hold. Therefore 18% are positive. The rating was maintained by Imperial Capital with "Outperform" on Friday, August 5. The company was maintained on Friday, August 4 by Oppenheimer. KeyCorp now has a "Buy" rating and a $46.00 target price on the stock. The firm has "Buy" rating by Cowen & Co given on Tuesday, September 26. The firm has "Buy" rating by Stifel Nicolaus given on Friday, September 1. The stock has "Hold" rating by Keefe Bruyette & Woods on Sunday, July 23. Robert W. Baird reissued a "buy" rating and issued a $50.00 target price on shares of Colfax in a report on Friday, October 27th. UBS maintained the stock with "Neutral" rating in Thursday, February 4 report. The rating was upgraded by BB&T Capital to "Buy" on Tuesday, May 17.

Bridgewater Associates Lp decreased Canadian Natl Ry Co (NYSE:CNI) stake by 4,605 shares to 144,517 valued at $11.95 million in 2017Q3. Aptargroup Inc (NYSE:ATR) was reduced too.

Investors sentiment increased to 1.05 in 2017 Q3. Its down 0.29, from 1.35 in 2017Q2. Legal & General Group Plc now owns 93,745 shares of the industrial products company's stock valued at $3,687,000 after acquiring an additional 773 shares during the period. 106 funds opened positions while 696 raised stakes. Brinker Capital Inc holds 0.03% or 13,679 shares. Oak Ridge Invests Limited Liability owns 825,352 shares. Mcf Advisors Lc accumulated 0% or 150 shares. 30,975 are held by Verition Fund Limited Liability. Utah Retirement Systems holds 0.02% or 16,200 shares in its portfolio. 140,060 were reported by Linscomb & Williams. (NYSE:HST). Fjarde Ap reported 176,799 shares. Vista Cap Partners Inc accumulated 0.15% or 12,398 shares. Richard C Young Commerce Limited has 302,107 shares for 2.24% of their portfolio. Mai Capital Mgmt has 0.01% invested in Host Hotels & Resorts, Inc. (NYSE:NKE) or 10,000 shares. Warren Averett Asset Limited, a Alabama-based fund reported 12,450 shares.

Among 29 analysts covering AT&T Inc. Colfax has an average rating of "Buy" and an average price target of $45.80. Therefore 43% are positive. Fidus Investment had 9 analyst reports since January 15, 2016 according to SRatingsIntel. As per Tuesday, November 21, the company rating was upgraded by Longbow. The stock of AT&T Inc. Schwab Charles has invested 0.02% in Colfax Corporation (NYSE:CFX). Morgan Stanley stated it has 68,386 shares. Finally, Stifel Nicolaus restated a "buy" rating and set a $50.00 target price on shares of Colfax in a research report on Tuesday, October 17th. Jefferies maintained United Technologies Corporation (NYSE:UTX) on Friday, July 7 with "Buy" rating.