Chevy Chase Trust Holdings INC Has Increased Flir Sys INC (FLIR) Position by $3.43 Million as Share Value Rose

December 7, 2017 - By Darrin Black

Investors sentiment increased to 1.56 in 2017 Q2. Its up 0.22, from 1.34 in 2017Q1. It improved, as 31 investors sold FLIR shares while 95 reduced holdings. 48 funds opened positions while 149 raised stakes. 121.17 million shares or 1.30% less from 122.77 million shares in 2017Q1 were reported. Thompson Rubinstein Management Or accumulated 1.66% or 129,690 shares. Nomura reported 45,568 shares. Quantitative Systematic Strategies Ltd Limited Liability Company reported 0.07% in FLIR Systems, Inc. (NASDAQ:FLIR). Moreover, Bnp Paribas Asset Holdings Sa has 0% invested in FLIR Systems, Inc. (NASDAQ:FLIR). Sumitomo Mitsui Tru Hldgs Inc, Japan-based fund reported 356,399 shares. Gideon accumulated 0.26% or 6,872 shares. Cornerstone Advsr accumulated 28 shares. Utah Retirement reported 24,840 shares or 0.02% of all its holdings. Rice Hall James Associates Limited Liability Com holds 79,113 shares or 0.12% of its portfolio. Vigilant Capital Ltd Llc accumulated 525 shares. Prelude Cap Mngmt Ltd Liability Com has invested 0.04% in FLIR Systems, Inc. (NASDAQ:FLIR). Fifth Third Savings Bank reported 664 shares. Proshare Advisors Ltd reported 0% stake. Advsr Asset Management reported 0.02% in FLIR Systems, Inc. (NASDAQ:FLIR). Boothbay Fund Management Ltd Liability Corporation holds 6,628 shares.

Since June 14, 2017, it had 0 insider purchases, and 1 insider sale for $1.39 million activity.

Chevy Chase Trust Holdings Inc increased its stake in Flir Sys Inc (FLIR) by 5.24% based on its latest 2017Q2 regulatory filing with the SEC. Chevy Chase Trust Holdings Inc bought 100,971 shares as the company’s stock rose 1.23% with the market. The institutional investor held 2.03 million shares of the capital goods company at the end of 2017Q2, valued at $70.28M, up from 1.93 million at the end of the previous reported quarter. Chevy Chase Trust Holdings Inc who had been investing in Flir Sys Inc for a number of months, seems to be bullish on the $6.40B market cap company. The stock increased 0.06% or $0.03 during the last trading session, reaching $46.19. About 390,056 shares traded. FLIR Systems, Inc. (NASDAQ:FLIR) has risen 24.65% since December 7, 2016 and is uptrending. It has outperformed by 7.95% the S&P500.

Chevy Chase Trust Holdings Inc, which manages about $20.89 billion US Long portfolio, decreased its stake in Cognex Corp (NASDAQ:CGNX) by 42,967 shares to 545,137 shares, valued at $46.28M in 2017Q2, according to the filing. It also reduced its holding in Accenture Plc Ireland (NYSE:ACN) by 57,181 shares in the quarter, leaving it with 785,395 shares, and cut its stake in American Intl Group Inc (NYSE:AIG).

Another recent and important FLIR Systems, Inc. (NASDAQ:FLIR) news was published by Nasdaq.com which published an article titled: “David Ray Named President of FLIR Systems’ Government & Defense Business Unit” on December 07, 2017.

FLIR Systems, Inc. (NASDAQ:FLIR) Ratings Coverage

Among 10 analysts covering FLIR Systems (NASDAQ:FLIR), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. FLIR Systems had 20 analyst reports since October 29, 2015 according to SRatingsIntel. Raymond James downgraded the stock to “Mkt Perform” rating in Tuesday, February 14 report. Stephens initiated FLIR Systems, Inc. (NASDAQ:FLIR) on Friday, January 15 with “Equal-Weight” rating. The firm has “Hold” rating by SunTrust given on Thursday, October 26. The stock of FLIR Systems, Inc. (NASDAQ:FLIR) has “Buy” rating given on Thursday, October 26 by Needham. Raymond James upgraded the stock to “Buy” rating in Monday, July 10 report. Imperial Capital downgraded the stock to “In-Line” rating in Thursday, February 23 report. The company was maintained on Friday, November 4 by Imperial Capital. The firm has “Hold” rating by Suntrust Robinson given on Thursday, January 19. On Tuesday, September 5 the stock rating was maintained by Needham with “Buy”. The firm earned “Hold” rating on Monday, October 23 by Robert W. Baird.

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