EPS for Barnes Group Inc. (B) Expected At $0.78; Korea Investment Increased Flowserve (FLS) Stake By $778,500

Flowserve Corporation (NYSE:FLS) Logo

Korea Investment Corp increased Flowserve Corp (FLS) stake by 14.24% reported in 2019Q1 SEC filing. Korea Investment Corp acquired 17,300 shares as Flowserve Corp (FLS)’s stock rose 7.06%. The Korea Investment Corp holds 138,800 shares with $6.27 million value, up from 121,500 last quarter. Flowserve Corp now has $6.92B valuation. The stock increased 2.21% or $1.14 during the last trading session, reaching $52.79. About 521,622 shares traded. Flowserve Corporation (NYSE:FLS) has risen 12.07% since July 14, 2018 and is uptrending. It has outperformed by 7.64% the S&P500. Some Historical FLS News: 26/03/2018 – Flowserve Closes Above 200-Day Moving Average: Technicals; 10/05/2018 – Flowserve 1Q Adj EPS 27c; 05/04/2018 – Azima & Flowserve harness Al technology for machine maintenance; 10/05/2018 – FLOWSERVE SEES FY ADJ EPS $1.50 TO $1.70, EST. $1.65; 10/05/2018 – Flowserve Sees 2018 Revenue Growth 3% to 6%; 16/04/2018 – 2018 Mechanical Seals Procurement Global Market Report – Key Players are Flowserve, Trelleborg, Sulzer, Timken, and John Crane – ResearchAndMarkets.com; 17/04/2018 – Flowserve Expands Use of Unisys Stealth® Microsegmentation; 10/05/2018 – Flowserve 1Q EPS 12c; 05/03/2018 Flowserve Forms Golden Cross: Technicals; 10/05/2018 – FLOWSERVE CORP – REAFFIRMED ITS 2018 GUIDANCE, INCLUDING ITS REPORTED AND ADJUSTED EPS TARGET RANGE OF $0.95 TO $1.15 AND $1.50 TO $1.70, RESPECTIVELY

Analysts expect Barnes Group Inc. (NYSE:B) to report $0.78 EPS on July, 26 before the open.They anticipate $0.12 EPS change or 13.33% from last quarter’s $0.9 EPS. B’s profit would be $40.09 million giving it 17.49 P/E if the $0.78 EPS is correct. After having $0.71 EPS previously, Barnes Group Inc.’s analysts see 9.86% EPS growth. The stock increased 2.46% or $1.31 during the last trading session, reaching $54.58. About 151,753 shares traded. Barnes Group Inc. (NYSE:B) has declined 5.57% since July 14, 2018 and is downtrending. It has underperformed by 10.00% the S&P500. Some Historical B News: 27/04/2018 – Barnes Group Sees 2018 Sales Growth of 5%-6%; 27/04/2018 – Barnes Group 1Q Net $38.8M; 27/04/2018 – BARNES GROUP INC B.N FY2018 SHR VIEW $3.04, REV VIEW $1.51 BLN — THOMSON REUTERS l/B/E/S; 27/04/2018 – BARNES GROUP INC SEES 2018 ORGANIC SALES GROWTH OF 3% TO 4%; 04/05/2018 – Barnes Group Inc. Declares Quarterly Dividend; 21/04/2018 DJ Barnes Group Inc, Inst Holders, 1Q 2018 (B); 27/04/2018 – BARNES GROUP INC B.N SEES FY 2018 SALES UP 5 TO 6 PCT; 27/04/2018 – Barnes Group Sees 2018 EPS $3.03-EPS $3.15; 04/05/2018 – BARNES GROUP BOOSTS QTR DIV TO 16C/SHR FROM 14C, EST. 15C; 27/04/2018 – Barnes Group Sees 2018 Organic Sales Growth 3%-4%

Investors sentiment decreased to 0.86 in Q1 2019. Its down 0.06, from 0.92 in 2018Q4. It is negative, as 31 investors sold FLS shares while 115 reduced holdings. 42 funds opened positions while 84 raised stakes. 126.65 million shares or 4.27% less from 132.30 million shares in 2018Q4 were reported. 10,914 were accumulated by Public Sector Pension Inv Board. Wellington Limited Liability Partnership has invested 0% in Flowserve Corporation (NYSE:FLS). Cibc Asset Mgmt Inc stated it has 0% in Flowserve Corporation (NYSE:FLS). Pinnacle Finance Partners reported 54 shares. Manufacturers Life Insurance Com The has invested 0.01% in Flowserve Corporation (NYSE:FLS). Legal And General Group Inc Public Ltd holds 795,216 shares or 0.02% of its portfolio. 368,895 were accumulated by Parametric Assoc Limited Company. Moreover, Panagora Asset Mgmt Inc has 0% invested in Flowserve Corporation (NYSE:FLS). Utah-based Utah Retirement Sys has invested 0.02% in Flowserve Corporation (NYSE:FLS). 440,200 are held by Renaissance Technologies Lc. Moreover, Heritage Wealth Advsrs has 0% invested in Flowserve Corporation (NYSE:FLS). Twin Tree Mngmt Limited Partnership invested in 21,855 shares or 0.01% of the stock. Guardian Life Insur Co Of America has 0% invested in Flowserve Corporation (NYSE:FLS). 1.69M are owned by Spf Beheer Bv. 221,296 are held by California State Teachers Retirement System.

More notable recent Flowserve Corporation (NYSE:FLS) news were published by: Businesswire.com which released: “Flowserve Announces the Appointment of Sanjay Chowbey as President, Aftermarket Services & Solutions – Business Wire” on July 10, 2019, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For July 8, 2019 – Benzinga” published on July 08, 2019, Finance.Yahoo.com published: “Is Royal Gold, Inc (RGLD) A Good Stock To Buy? – Yahoo Finance” on June 23, 2019. More interesting news about Flowserve Corporation (NYSE:FLS) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Flowserve Corporation (FLS) – Yahoo Finance” published on June 11, 2019 as well as Seekingalpha.com‘s news article titled: “Flowserve +9% following strong Q1 earnings, improved margins – Seeking Alpha” with publication date: May 03, 2019.

Korea Investment Corp decreased Cbs Corp (NYSE:CBS) stake by 193,581 shares to 150,891 valued at $7.17M in 2019Q1. It also reduced Xylem Inc (NYSE:XYL) stake by 37,291 shares and now owns 24,100 shares. Caterpillar Inc Del (NYSE:CAT) was reduced too.

Since February 27, 2019, it had 5 buys, and 0 sales for $66,822 activity. Hipple Richard J bought 1,000 shares worth $58,826. Another trade for 37 shares valued at $2,074 was made by MANGUM MYLLE H on Friday, March 8. $2,130 worth of stock was bought by BENANAV GARY G on Friday, March 8.

Barnes Group Inc. operates as an industrial and aerospace maker and service provider, serving a range of end markets and customers. The company has market cap of $2.81 billion. The firm operates in two divisions, Industrial and Aerospace. It has a 17.7 P/E ratio. The Industrial segment offers precision parts, products, and systems for applications serving various clients in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy.

Among 3 analysts covering Barnes Group (NYSE:B), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Barnes Group had 7 analyst reports since February 15, 2019 according to SRatingsIntel. Oppenheimer maintained the shares of B in report on Sunday, March 24 with “Buy” rating. The stock of Barnes Group Inc. (NYSE:B) earned “Hold” rating by SunTrust on Friday, February 22. The rating was maintained by UBS on Monday, February 25 with “Hold”. UBS downgraded the shares of B in report on Friday, February 15 to “Neutral” rating. Oppenheimer maintained the shares of B in report on Friday, February 22 with “Buy” rating.

More notable recent Barnes Group Inc. (NYSE:B) news were published by: Finance.Yahoo.com which released: “What does Becton, Dickinson and Company’s (NYSE:BDX) Balance Sheet Tell Us About Its Future? – Yahoo Finance” on July 09, 2019, also Nypost.com with their article: “Slack starts trading on NYSE with $23B valuation – New York Post” published on June 20, 2019, Finance.Yahoo.com published: “What Can We Make Of Humana Inc.’s (NYSE:HUM) High Return On Capital? – Yahoo Finance” on July 10, 2019. More interesting news about Barnes Group Inc. (NYSE:B) were released by: Finance.Yahoo.com and their article: “Here’s Why I Think Oshkosh (NYSE:OSK) Is An Interesting Stock – Yahoo Finance” published on July 13, 2019 as well as Seekingalpha.com‘s news article titled: “NYSE hosted IPOs raising $20.9B in H1 – Seeking Alpha” with publication date: July 09, 2019.

Investors sentiment increased to 1.36 in 2019 Q1. Its up 0.37, from 0.99 in 2018Q4. It is positive, as 14 investors sold Barnes Group Inc. shares while 59 reduced holdings. 43 funds opened positions while 56 raised stakes. 42.84 million shares or 1.64% less from 43.56 million shares in 2018Q4 were reported. Vanguard invested 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). Laurion Capital Mgmt Lp has invested 0.01% in Barnes Group Inc. (NYSE:B). Cornerstone Advisors accumulated 0% or 28 shares. Guggenheim Cap Ltd Liability Corporation invested 0% of its portfolio in Barnes Group Inc. (NYSE:B). California State Teachers Retirement Systems has 0.01% invested in Barnes Group Inc. (NYSE:B). Quantbot Technologies L P owns 28,400 shares or 0.14% of their US portfolio. Washington-based Fisher Asset Management Ltd Liability Com has invested 0.01% in Barnes Group Inc. (NYSE:B). Diversified has 4,825 shares for 0.01% of their portfolio. Td Asset Management Inc stated it has 0% of its portfolio in Barnes Group Inc. (NYSE:B). Eagle Asset Mngmt reported 175,578 shares or 0.05% of all its holdings. Barrow Hanley Mewhinney & Strauss Limited Liability Company invested in 720,859 shares. 81 are owned by Moody Natl Bank Tru Division. Cap Fund Mngmt stated it has 0% in Barnes Group Inc. (NYSE:B). Fdx Advsr invested in 4,179 shares or 0.01% of the stock. Invesco Limited invested in 0% or 77,916 shares.

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

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