Flowserve (FLS) Trades at $45.67 After Triangle; Nuevo Energy Co (NEV) Has 2.4 Sentiment

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Nuevo Energy Co (NEV) investors sentiment increased to 2.4 in Q4 2017. It’s up 1.19, from 1.21 in 2017Q3. The ratio improved, as 24 active investment managers increased or started new equity positions, while 10 reduced and sold their equity positions in Nuevo Energy Co. The active investment managers in our database now possess: 2.50 million shares, up from 2.48 million shares in 2017Q3. Also, the number of active investment managers holding Nuevo Energy Co in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 8 Increased: 13 New Position: 11.

Flowserve Corporation (FLS) formed triangle with $44.30 target or 3.00% below today’s $45.67 share price. Flowserve Corporation (FLS) has $5.98 billion valuation. The stock decreased 0.52% or $0.24 during the last trading session, reaching $45.67. About 1.19 million shares traded. Flowserve Corporation (NYSE:FLS) has declined 10.24% since April 16, 2017 and is downtrending. It has underperformed by 21.79% the S&P500.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $13.3. About 40,442 shares traded. Nuveen Enhanced Municipal Value Fund (NEV) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Robinson Capital Management Llc holds 2.05% of its portfolio in Nuveen Enhanced Municipal Value Fund for 299,852 shares. Greenwich Investment Management Inc. owns 10,884 shares or 0.22% of their US portfolio. Moreover, Provise Management Group Llc has 0.14% invested in the company for 69,230 shares. The Missouri-based Sterneck Capital Management Llc has invested 0.11% in the stock. Benjamin F. Edwards & Company Inc., a Missouri-based fund reported 50,370 shares.

Analysts await Flowserve Corporation (NYSE:FLS) to report earnings on May, 7. They expect $0.28 EPS, up 12.00% or $0.03 from last year’s $0.25 per share. FLS’s profit will be $36.63 million for 40.78 P/E if the $0.28 EPS becomes a reality. After $0.50 actual EPS reported by Flowserve Corporation for the previous quarter, Wall Street now forecasts -44.00% negative EPS growth.

Flowserve Corporation (NYSE:FLS) Institutional Positions Chart