Caprock Group LLC Buys New Stake in Enerflex Ltd. $EFXT

Caprock Group LLC purchased a new position in shares of Enerflex Ltd. (NYSE:EFXT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 26,827 shares of the company’s stock, valued at approximately $271,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in Enerflex by 15.1% during the third quarter. Envestnet Asset Management Inc. now owns 162,951 shares of the company’s stock valued at $1,757,000 after acquiring an additional 21,427 shares during the period. TD Waterhouse Canada Inc. grew its holdings in shares of Enerflex by 11.3% during the third quarter. TD Waterhouse Canada Inc. now owns 26,298 shares of the company’s stock valued at $282,000 after purchasing an additional 2,670 shares during the last quarter. Intact Investment Management Inc. acquired a new stake in shares of Enerflex in the third quarter valued at approximately $5,053,000. Ritholtz Wealth Management grew its position in Enerflex by 18.1% in the 3rd quarter. Ritholtz Wealth Management now owns 214,111 shares of the company’s stock valued at $2,308,000 after buying an additional 32,777 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its position in shares of Enerflex by 19.8% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 113,116 shares of the company’s stock valued at $1,219,000 after purchasing an additional 18,727 shares during the period. 46.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Enerflex in a report on Wednesday, January 21st. Zacks Research downgraded Enerflex from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Raymond James Financial cut shares of Enerflex from a “strong-buy” rating to an “outperform” rating in a report on Tuesday, February 3rd. Wall Street Zen downgraded shares of Enerflex from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Enerflex in a report on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.63.

Enerflex Trading Up 0.1%

EFXT opened at $19.44 on Friday. Enerflex Ltd. has a fifty-two week low of $6.18 and a fifty-two week high of $19.89. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 17.67 and a beta of 1.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.24 and a quick ratio of 0.88. The firm has a 50 day simple moving average of $16.65 and a 200 day simple moving average of $13.31.

Enerflex Company Profile

Enerflex Ltd is a Calgary‐headquartered energy infrastructure company specializing in the design, fabrication, installation and aftermarket support of natural gas compression, processing, refrigeration and treatment equipment. Its product portfolio includes reciprocating and centrifugal compression systems, gas treating and refrigeration packages, fuel gas conditioning and liquid separation solutions. In addition to equipment sales, Enerflex delivers field services such as commissioning, maintenance, monitoring and parts supply to optimize asset performance throughout the lifecycle.

The company supports upstream, midstream and downstream energy customers through an integrated offering that spans engineering, procurement and construction (EPC) as well as modular fabrication.