LMR Partners LLP bought a new stake in FLIR Systems, Inc. (NASDAQ:FLIR) in the fourth quarter, Holdings Channel reports. The institutional investor bought 18,450 shares of the scientific and technical instruments company’s stock, valued at approximately $860,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Exane Derivatives acquired a new stake in FLIR Systems in the fourth quarter valued at approximately $100,000. Cerebellum GP LLC acquired a new stake in FLIR Systems in the fourth quarter valued at approximately $119,000. Enterprise Financial Services Corp acquired a new stake in FLIR Systems in the fourth quarter valued at approximately $184,000. CrestPoint Capital Management LLC acquired a new stake in FLIR Systems in the fourth quarter valued at approximately $210,000. Finally, Sei Investments Co. lifted its stake in FLIR Systems by 76.3% in the third quarter. Sei Investments Co. now owns 4,507 shares of the scientific and technical instruments company’s stock valued at $175,000 after acquiring an additional 1,951 shares during the last quarter. Hedge funds and other institutional investors own 92.81% of the company’s stock.

Shares of FLIR Systems, Inc. (FLIR) opened at $49.94 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.48 and a quick ratio of 2.36. FLIR Systems, Inc. has a one year low of $33.75 and a one year high of $52.88. The firm has a market cap of $7,125.48, a price-to-earnings ratio of 28.25 and a beta of 0.66.

A number of research firms have issued reports on FLIR. BidaskClub cut shares of FLIR Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Investment Research cut shares of FLIR Systems from a “buy” rating to a “hold” rating in a research note on Friday. SunTrust Banks lifted their target price on shares of FLIR Systems from $37.00 to $43.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 target price (up from $42.00) on shares of FLIR Systems in a research note on Thursday, October 26th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $34.00 target price on shares of FLIR Systems in a research note on Tuesday, October 24th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $46.83.

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FLIR Systems Profile

FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.

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Institutional Ownership by Quarter for FLIR Systems (NASDAQ:FLIR)

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