Dividend Flows: Can CIRCOR International, Inc. (NYSE:CIR) truly back claims of $0.04 dividends by Dec 2, 2016?

Dividend Flows: Can CIRCOR International, Inc. (NYSE:CIR) truly back claims of $0.04 dividends by Dec 2, 2016?

CIRCOR International, Inc. (NYSE:CIR) is expected to pay $0.04 on Dec 2, 2016. The indicated annual dividend is $0.15. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on CIRCOR International, Inc.’s current price of $61.20, the dividend is 0.06%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 9, 2016. The stock decreased 0.36% or $0.22 during the last trading session, hitting $61.2. CIRCOR International, Inc. (NYSE:CIR) has risen 25.77% since April 13, 2016 and is uptrending. It has outperformed by 21.84% the S&P500.

CIRCOR International, Inc. designs, makes and markets engineered products and sub-systems, which are used in the gas and oil, power generation, aerospace, defense and other industrial markets. The company has a market cap of $1.03 billion. The Firm operates through two divisions: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense). It has a 52.65 P/E ratio. The Company’s Energy segment provides engineered integrated flow control solutions, valves and services in the gas and oil, and power generation industries.

Insitutional Activity: The institutional sentiment decreased to 0.93 in 2016 Q2. Its down 0.75, from 1.68 in 2016Q1. The ratio turned negative, as 7 funds sold all CIRCOR International, Inc. shares owned while 47 reduced positions. 12 funds bought stakes while 38 increased positions. They now own 14.95 million shares or 8.83% less from 16.40 million shares in 2016Q1.
First Republic Inv Mgmt has 0% invested in the company for 5,061 shares. Hanseatic Management Service has 58 shares for 0% of their US portfolio. Ny State Teachers Retirement Systems last reported 10,899 shares in the company. Us Fincl Bank De owns 1,093 shares or 0% of their US portfolio. Independent Port Consultants, a Florida-based fund reported 180 shares. The Ontario – Canada-based Manufacturers Life Insur The has invested 0.01% in CIRCOR International, Inc. (NYSE:CIR). Moreover, National Bank & Trust Of America De has 0% invested in CIRCOR International, Inc. (NYSE:CIR) for 3,636 shares. Wellington Gp Llp last reported 0.02% of its portfolio in the stock. Envestnet Asset Management holds 0% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 1,625 shares. Nationwide Fund reported 12,293 shares or 0% of all its holdings. The New York-based State Common Retirement Fund has invested 0% in CIRCOR International, Inc. (NYSE:CIR). Primecap Mgmt Ca has 371,700 shares for 0.02% of their US portfolio. State Of Tennessee Treasury Department holds 0% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 13,083 shares. Northern Tru Corp holds 0.01% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 283,956 shares. Rice Hall James And Associate Ltd Liability holds 0.09% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 26,001 shares.

Insider Transactions: Since May 25, 2016, the stock had 0 insider purchases, and 3 sales for $776,176 net activity. Shares for $574,300 were sold by HAYES DOUGLAS M on Wednesday, May 25. 297 CIRCOR International, Inc. (NYSE:CIR) shares with value of $18,366 were sold by Andrew Clyde Farnsworth.

CIRCOR International, Inc. (NYSE:CIR) Ratings Coverage

Out of 5 analysts covering CIRCOR International (NYSE:CIR), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. $68 is the highest target while $41 is the lowest. The $51.50 average target is -15.85% below today’s ($61.2) stock price. CIRCOR International has been the topic of 9 analyst reports since November 3, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the shares of CIR in a report on Monday, October 17 with “Buy” rating. On Monday, May 2 the stock rating was upgraded by Stifel Nicolaus to “Buy”. As per Tuesday, November 3, the company rating was initiated by Suntrust Robinson. The stock of CIRCOR International, Inc. (NYSE:CIR) has “Overweight” rating given on Monday, October 17 by KeyBanc Capital Markets. Seaport Global downgraded the shares of CIR in a report on Wednesday, March 9 to “Accumulate” rating. KeyBanc Capital Markets initiated CIRCOR International, Inc. (NYSE:CIR) on Tuesday, September 20 with “Sector Weight” rating. The rating was downgraded by SunTrust to “Reduce” on Thursday, April 14. SunTrust initiated CIRCOR International, Inc. (NYSE:CIR) on Tuesday, November 3 with “Neutral” rating.

More news for CIRCOR International, Inc. (NYSE:CIR) were recently published by: Nasdaq.com, which released: “Ex-Dividend Reminder: Harris, Circor International and Healthcare Services Group” on November 14, 2016. Seekingalpha.com‘s article titled: “CIRCOR International, Inc.’s (CIR) CEO Scott Buckhout on Q3 2016 Results …” and published on October 29, 2016 is yet another important article.

CIR Company Profile

CIRCOR International, Inc. (CIRCOR), incorporated on July 1, 1999, designs, makes and markets engineered products and sub-systems, which are used in the gas and oil, power generation, aerospace, defense and other industrial markets. The Firm operates through two divisions: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense). The Firm manages a portfolio of flow control and actuation products, sub-systems and technologies. It operates approximately 20 manufacturing facilities that are located in the United States, Western Europe, Morocco, India and the People’s Republic of China. The Firm sells its products through approximately 700 distributors or representatives and directly to end use customers.

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