Institutional Investors Are Buying Omega Flex Inc (NASDAQ:OFLX)

July 26, 2017 - By Winifred Garcia

 Institutional Investors Are Buying Omega Flex Inc (NASDAQ:OFLX)

Sentiment for Omega Flex Inc (NASDAQ:OFLX)

Omega Flex Inc (NASDAQ:OFLX) institutional sentiment increased to 2.33 in Q4 2016. Its up 0.83, from 1.5 in 2016Q3. The ratio is positive, as 28 investment professionals increased or started new equity positions, while 12 sold and trimmed stakes in Omega Flex Inc. The investment professionals in our partner’s database now hold: 1.83 million shares, up from 1.73 million shares in 2016Q3. Also, the number of investment professionals holding Omega Flex Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 9 Increased: 20 New Position: 8.

Omega Flex, Inc. is a manufacturer of flexible metal hose. The company has market cap of $586.34 million. The Firm is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It has a 37.01 P/E ratio. It operates through manufacture and sale of flexible metal hose and accessories segment.

It closed at $58.21 lastly. It is down 82.58% since July 26, 2016 and is uptrending. It has outperformed by 65.88% the S&P500.

Schwerin Boyle Capital Management Inc holds 2.25% of its portfolio in Omega Flex, Inc. for 326,690 shares. Kayne Anderson Rudnick Investment Management Llc owns 503,104 shares or 0.33% of their US portfolio. Moreover, Ativo Capital Management Llc has 0.3% invested in the company for 22,740 shares. The Texas-based Ranger Investment Management L.P. has invested 0.15% in the stock. Walthausen & Co. Llc, a New York-based fund reported 9,000 shares.#img1#

More notable recent Omega Flex, Inc. (NASDAQ:OFLX) news were published by: Seekingalpha.com which released: “Omega Flex: The Story Continues To Play Out” on November 03, 2014, also Globenewswire.com with their article: “Omega Flex, Inc. Announces 1st Quarter 2017 Earnings” published on April 20, 2017, Globenewswire.com published: “Omega Flex, Inc. Wins Third Consecutive CSST Court Case” on January 23, 2014. More interesting news about Omega Flex, Inc. (NASDAQ:OFLX) were released by: Nasdaq.com and their article: “Mid-Afternoon Market Update: Cintas Rises On Earnings Beat; Omega Flex Shares …” published on July 21, 2017 as well as Businesswire.com‘s news article titled: “OmegaFlex Reiterates Call for Maintaining National CSST Safety Standards” with publication date: May 23, 2016.

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