Teacher Retirement System Of Texas Increased Idex Corp (NYSE:IEX) Stake by $11.78 Million

August 12, 2018 - By Nellie Rakes

Investors sentiment decreased to 1.03 in 2018 Q1. Its down 0.01, from 1.04 in 2017Q4. It dropped, as 20 investors sold IEX shares while 128 reduced holdings. 46 funds opened positions while 106 raised stakes. 72.23 million shares or 0.10% less from 72.31 million shares in 2017Q4 were reported. New York-based Jpmorgan Chase & has invested 0.07% in IDEX Corporation (NYSE:IEX). Sweden-based Livforsakringsbolaget Skandia Omsesidigt has invested 0.07% in IDEX Corporation (NYSE:IEX). Fagan Assoc Inc holds 0.24% or 3,925 shares in its portfolio. Toronto Dominion Comml Bank has 5,230 shares. Estabrook Management has invested 0% in IDEX Corporation (NYSE:IEX). Smithfield holds 0.03% or 1,700 shares in its portfolio. The Illinois-based Gofen Glossberg Lc Il has invested 0.29% in IDEX Corporation (NYSE:IEX). Ledyard Financial Bank stated it has 0% in IDEX Corporation (NYSE:IEX). Utah Retirement Systems accumulated 14,188 shares or 0.04% of the stock. Moreover, Community Retail Bank Na has 0.04% invested in IDEX Corporation (NYSE:IEX). Qs Investors Ltd Limited Liability Company has invested 0% in IDEX Corporation (NYSE:IEX). Fulton Financial Bank Na holds 1,665 shares. Renaissance Ltd invested in 52,725 shares. Credit Suisse Ag has 113,408 shares. Assetmark holds 878 shares or 0% of its portfolio.

Since May 11, 2018, it had 0 insider purchases, and 7 insider sales for $19.40 million activity. Shares for $1.03 million were sold by Cade Denise R. $598,501 worth of IDEX Corporation (NYSE:IEX) was sold by SALLIOTTE DANIEL J. Another trade for 317 shares valued at $45,014 was made by COOK WILLIAM M on Tuesday, May 22. $13.64 million worth of IDEX Corporation (NYSE:IEX) was sold by Silvernail Andrew K on Wednesday, July 25. $3.39M worth of IDEX Corporation (NYSE:IEX) was sold by ASHLEMAN ERIC D on Friday, May 11.

Teacher Retirement System Of Texas increased its stake in Idex Corp (NYSE:IEX) by 189.43% based on its latest 2018Q2 regulatory filing with the SEC. Teacher Retirement System Of Texas bought 86,584 shares as the company’s stock declined 1.78% with the market. The institutional investor held 132,292 shares of the fluid controls company at the end of 2018Q2, valued at $18.06 million, up from 45,708 at the end of the previous reported quarter. Teacher Retirement System Of Texas who had been investing in Idex Corp for a number of months, seems to be bullish on the $11.58 billion market cap company. The stock decreased 0.40% or $0.61 during the last trading session, reaching $151.04. About 159,660 shares traded. IDEX Corporation (NYSE:IEX) has risen 29.12% since August 13, 2017 and is uptrending. It has outperformed by 16.55% the S&P500.

Teacher Retirement System Of Texas, which manages about $15.76B US Long portfolio, decreased its stake in Thermo Fisher Scientific Inc (NYSE:TMO) by 49,664 shares to 88,391 shares, valued at $18.31M in 2018Q2, according to the filing. It also reduced its holding in Nvr Inc (NYSE:NVR) by 4,277 shares in the quarter, leaving it with 1,471 shares, and cut its stake in Grainger W W Inc (NYSE:GWW).

IDEX Corporation (NYSE:IEX) Ratings Coverage

Among 5 analysts covering Idex Corp (NYSE:IEX), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Idex Corp had 7 analyst reports since April 4, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 26 by Stifel Nicolaus. BMO Capital Markets maintained it with “Market Perform” rating and $144 target in Tuesday, May 1 report. The firm has “Buy” rating given on Wednesday, April 4 by Robert W. Baird. Robert W. Baird maintained it with “Outperform” rating and $144 target in Tuesday, May 1 report. As per Monday, April 16, the company rating was maintained by Stifel Nicolaus. Cowen & Co maintained the shares of IEX in report on Wednesday, April 11 with “Hold” rating.

IDEX Corporation, through its subsidiaries, provides various pumps, flow meters, other fluidics systems and components, and engineered products worldwide. The company has market cap of $11.58 billion. The Company’s Fluid & Metering Technologies segment designs, produces, and distributes positive displacement pumps, flow meters, injectors, other fluid-handling pump modules and systems, and specialty valve products, as well as offers flow monitoring and other services for food, chemical, general industrial, water and wastewater, agricultural, and energy industries. It has a 30.57 P/E ratio. The company's Health & Science Technologies segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction, and drying systems for use in beverage, food processing, pharmaceutical, and cosmetics; pneumatic components and sealing solutions, such as pumping solutions for analytical instrumentation, clinical diagnostics, and drug discovery; biocompatible medical devices and implantables; and air compressors for medical, dental, and industrial applications.

More recent IDEX Corporation (NYSE:IEX) news were published by: Seekingalpha.com which released: “IDEX Corporation 2018 Q2 – Results – Earnings Call Slides” on July 25, 2018. Also Gurufocus.com published the news titled: “John Rogers Buys 3 Stocks in 2nd Quarter” on August 10, 2018. Globenewswire.com‘s news article titled: “Detailed Research: Economic Perspectives on IDEX, Worthington Industries, Duke Energy, K2M Group, GAIN Capital …” with publication date: August 06, 2018 was also an interesting one.

IDEX Corporation (NYSE:IEX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.