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Quantitative Investment Management Decreased Flex LTD (FLEX) Stake By $1.99 Million; Ing Investments Distributor Has 0.92 Sentiment

The stock increased 0.64% or $0.0398 during the last trading session, reaching $6.2397. About 32,903 shares traded. Voya Natural Resources Equity Income Fund (IRR) has risen 10.31% since December 1, 2016 and is uptrending. It has underperformed by 6.39% the S&P500.

Quantitative Investment Management Llc decreased Flex Ltd (FLEX) stake by 25.56% reported in 2017Q2 SEC filing. Quantitative Investment Management Llc sold 124,300 shares as Flex Ltd (FLEX)’s stock rose 0.43%. The Quantitative Investment Management Llc holds 362,000 shares with $5.90M value, down from 486,300 last quarter. Flex Ltd now has $9.40B valuation. The stock decreased 1.55% or $0.28 during the last trading session, reaching $17.79. About 3.01M shares traded. Flex Ltd. (NASDAQ:FLEX) has risen 35.11% since December 1, 2016 and is uptrending. It has outperformed by 18.41% the S&P500.

Advisors Asset Management Inc. holds 0.14% of its portfolio in Voya Natural Resources Equity Income Fund for 1.41 million shares. Alpine Global Management Llc owns 14,613 shares or 0.03% of their US portfolio. Moreover, Baxter Bros Inc has 0.02% invested in the company for 12,000 shares. The Texas-based Wfg Advisors Lp has invested 0.02% in the stock. Ameriprise Financial Inc, a Minnesota-based fund reported 187,024 shares.

Investors sentiment increased to 1.19 in 2017 Q2. Its up 0.43, from 0.76 in 2017Q1. It is positive, as 24 investors sold FLEX shares while 98 reduced holdings. 53 funds opened positions while 92 raised stakes. 500.69 million shares or 4.41% more from 479.53 million shares in 2017Q1 were reported. 11,849 were accumulated by Keybank Association Oh. Ajo Limited Partnership owns 0.03% invested in Flex Ltd. (NASDAQ:FLEX) for 365,992 shares. Invesco Limited owns 3.31M shares or 0.02% of their US portfolio. Bailard Inc holds 0.26% of its portfolio in Flex Ltd. (NASDAQ:FLEX) for 204,088 shares. Hutchin Hill Capital LP owns 12,900 shares for 0.01% of their portfolio. Argent Ltd Liability accumulated 32,065 shares. Parallax Volatility Advisers LP has 0% invested in Flex Ltd. (NASDAQ:FLEX). Lowe Brockenbrough Communications reported 0.04% of its portfolio in Flex Ltd. (NASDAQ:FLEX). Cubist Systematic Strategies Ltd Liability Co accumulated 133,807 shares. Quantbot Ltd Partnership has invested 0.14% in Flex Ltd. (NASDAQ:FLEX). Pine River Limited Partnership invested 0.03% of its portfolio in Flex Ltd. (NASDAQ:FLEX). Nationwide Fund has invested 0.01% in Flex Ltd. (NASDAQ:FLEX). Manufacturers Life Insur Company The holds 0% or 4,356 shares in its portfolio. State Of Wisconsin Board stated it has 0.03% of its portfolio in Flex Ltd. (NASDAQ:FLEX). Two Sigma Secs Limited Liability Corp reported 0.11% of its portfolio in Flex Ltd. (NASDAQ:FLEX).

Among 15 analysts covering Flextronics International Ltd. (NASDAQ:FLEX), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Flextronics International Ltd. had 44 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Flex Ltd. (NASDAQ:FLEX) earned “Hold” rating by Macquarie Research on Thursday, June 22. The company was downgraded on Wednesday, September 2 by Zacks. The firm has “Buy” rating by UBS given on Wednesday, August 2. The rating was maintained by RBC Capital Markets on Friday, June 16 with “Buy”. On Tuesday, October 20 the stock rating was maintained by Needham with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $14 target in Thursday, August 27 report. The stock of Flex Ltd. (NASDAQ:FLEX) has “Buy” rating given on Wednesday, September 9 by UBS. Stifel Nicolaus maintained it with “Buy” rating and $19.0 target in Sunday, October 15 report. Stifel Nicolaus maintained it with “Buy” rating and $17 target in Friday, January 27 report. The company was maintained on Wednesday, October 5 by Goldman Sachs.

Since June 13, 2017, it had 0 buys, and 10 sales for $4.01 million activity. $93,960 worth of Flex Ltd. (NASDAQ:FLEX) shares were sold by Bennett David P. Shares for $279,702 were sold by Collier Christopher on Tuesday, June 13. 25,279 shares were sold by Humphries Paul, worth $420,003 on Tuesday, June 13. Another trade for 47,098 shares valued at $784,888 was made by MCNAMARA MICHAEL M on Tuesday, June 13. $420,577 worth of Flex Ltd. (NASDAQ:FLEX) was sold by Barbier Francois.

Quantitative Investment Management Llc increased Pentair Plc. (NYSE:PNR) stake by 38,700 shares to 67,100 valued at $4.46M in 2017Q2. It also upped Goldman Sachs Group Inc (The) (NYSE:GS) stake by 100,900 shares and now owns 172,900 shares. Cardtronics Plc was raised too.

Analysts await Flex Ltd. (NASDAQ:FLEX) to report earnings on January, 25. They expect $0.23 earnings per share, down 23.33% or $0.07 from last year’s $0.3 per share. FLEX’s profit will be $121.55 million for 19.34 P/E if the $0.23 EPS becomes a reality. After $0.38 actual earnings per share reported by Flex Ltd. for the previous quarter, Wall Street now forecasts -39.47% negative EPS growth.

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