Bank of Montreal Can raised its position in shares of SPX Flow Inc (NYSE:FLOW) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 322,735 shares of the industrial products company’s stock after purchasing an additional 5,986 shares during the quarter. Bank of Montreal Can owned 0.28% of SPX Flow worth $11,166,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Riverhead Capital Management LLC raised its stake in shares of SPX Flow by 114.8% in the second quarter. Riverhead Capital Management LLC now owns 1,047 shares of the industrial products company’s stock valued at $130,000 after purchasing an additional 575 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of SPX Flow by 40.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,263 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 390 shares during the period. AXA raised its stake in shares of SPX Flow by 1.5% in the third quarter. AXA now owns 26,002 shares of the industrial products company’s stock valued at $1,204,000 after purchasing an additional 377 shares during the period. UBS Asset Management Americas Inc. raised its stake in shares of SPX Flow by 64.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 3,422 shares of the industrial products company’s stock valued at $146,000 after purchasing an additional 1,290 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in shares of SPX Flow by 62.3% in the third quarter. BNP Paribas Arbitrage SA now owns 3,811 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 1,443 shares during the period. 88.49% of the stock is currently owned by institutional investors.

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In other news, CFO Patrick J. McHale sold 50,003 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $83.97, for a total value of $4,219,106.03. Following the completion of the sale, the chief financial officer now directly owns 140,574 shares in the company, valued at approximately $11,655,841.66. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider James H. Kamsickas sold 14,000 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $82.83, for a total transaction of $1,166,780.00. Following the completion of the sale, the insider now owns 55,358 shares of the company’s stock, valued at $4,037,169.42. The disclosure for this sale can be found here. Insiders have sold 106,699 shares of company stock valued at $8,374,656 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

FLOW has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of SPX Flow from a “hold” rating to a “sell” rating in a research note on Monday, December 3rd. Piper Jaffray Companies reissued a “hold” rating and issued a $86.00 price objective on shares of SPX Flow in a research note on Friday, December 8th. Credit Suisse Group initiated coverage on shares of SPX Flow in a research note on Wednesday, December 12th. They issued an “outperform” rating and a $100.00 price objective for the company. Finally, Cowen set a $85.00 price objective on shares of SPX Flow and gave the company a “hold” rating in a research note on Friday, November 17th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $90.00.

NYSE FLOW opened at $71.35 on Friday. The company has a market cap of $2.32 billion,