Shares of Circor International Inc. (NYSE:CIR) saw unusually-strong trading volume on Tuesday . Approximately 113,676 shares traded hands during mid-day trading, an increase of 59% from the previous session’s volume of 71,453 shares.The stock last traded at $56.76 and had previously closed at $56.28.

Several research analysts have issued reports on CIR shares. Zacks Investment Research cut Circor International from a “hold” rating to a “sell” rating in a report on Wednesday, July 20th. KeyCorp started coverage on Circor International in a report on Tuesday. They issued a “sector weight” rating on the stock. Finally, Stifel Nicolaus dropped their price target on Circor International from $68.00 to $61.00 and set a “buy” rating on the stock in a report on Monday, August 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Circor International currently has an average rating of “Hold” and an average target price of $49.50.

The firm has a 50-day moving average of $58.57 and a 200-day moving average of $54.50. The stock has a market cap of $931.51 million, a PE ratio of 140.05 and a beta of 1.45.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

Circor International (NYSE:CIR) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The firm had revenue of $146.40 million for the quarter, compared to analysts’ expectations of $144.01 million. Circor International had a net margin of 1.09% and a return on equity of 9.45%. The company’s quarterly revenue was down 12.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. On average, equities analysts anticipate that Circor International Inc. will post $2.19 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 26th. Stockholders of record on Friday, August 12th were paid a dividend of $0.0375 per share. The ex-dividend date of this dividend was Wednesday, August 10th. This represents a $0.15 annualized dividend and a dividend yield of 0.26%. Circor International’s dividend payout ratio (DPR) is currently 37.50%.

In other news, Director Douglas M. Hayes sold 3,000 shares of the stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $61.17, for a total transaction of $183,510.00. Following the sale, the director now directly owns 14,556 shares of the company’s stock, valued at $890,390.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.20% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in CIR. Teachers Advisors Inc. boosted its stake in Circor International by 2.5% in the second quarter. Teachers Advisors Inc. now owns 25,986 shares of the company’s stock valued at $1,481,000 after buying an additional 638 shares during the period. PineBridge Investments L.P. boosted its stake in Circor International by 7.5% in the second quarter. PineBridge Investments L.P. now owns 2,083 shares of the company’s stock valued at $119,000 after buying an additional 146 shares during the period. Ameriprise Financial Inc. boosted its stake in Circor International by 35.5% in the second quarter. Ameriprise Financial Inc. now owns 103,139 shares of the company’s stock valued at $5,878,000 after buying an additional 27,019 shares during the period. EAM Investors LLC bought a new stake in Circor International during the second quarter valued at approximately $3,387,000. Finally, Gamco Investors INC. ET AL boosted its stake in Circor International by 0.7% in the second quarter. Gamco Investors INC. ET AL now owns 1,556,241 shares of the company’s stock valued at $88,690,000 after buying an additional 10,700 shares during the period.

Circor International Company Profile

CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems, which are used in the oil and gas, power generation, aerospace, defense and other industrial markets. The Company operates through two segments: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense).

5 Day Chart for NYSE:CIR

Receive News & Ratings for Circor International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Circor International Inc. and related companies with's FREE daily email newsletter.