MTS and Orange Group Registered Gains in Operational Efficiency in Blockchain Test Run

Even companies involved in providing a platform for this test run, i.e., Syniverse and IBM are upbeat about the prospects of smart contract and their …

In a development related to the use of blockchain technology in the telecom industry, Syniverse and IBM have completed a pilot project for the two well-known global mobile operators. The project was related to providing new smart roaming solutions to companies for enhancing efficiencies, and pilot run used the blockchain network to complete the process. The open ledger technology demonstrated its benefit during the pilot run by providing instant settlement and clearing of various charging processes related to these mobile networks.

Specific Details

The pilot project undertaken by Syniverse and IBM makes use of “smart contracts” in order to efficiently execute various implementation and governance issues between different mobile operators. By using the blockchain, the rules and regulations can be instantly determined between different players that in turn help by providing faster customer service, enhancing efficiency, and reducing the overall time and cost associated with the process. This is particularly important in resolving the conflict situation between different parties and provides significant help in dispute management.

IBM has provided its blockchain platform support to Syniverse, and this association has recently completed trials of the project related to Mobile TeleSystems (MTS) and Orange Group. Both of these mobile companies are quite satisfied with the results of the pilot project and seem to be embracing for wider adoption of blockchain technology in terms of further developing credible solutions for their business problems. MTS has witnessed a significant increase in operational efficiency which has helped the company to quickly settle and clear various transactions associated with roaming operations. The company is also quite satisfied with the fact that the use of smart contracts has allowed it to have direct dealing with all associated partners; the step which is expected to enhance overall efficiency. Orange group, on the other hand, has derived benefits from this pilot run on data exchange and call revenues. It has registered a significant increase in operational efficiency which will help the company to open up new avenues of growth.

Industry Outlook

Even companies involved in providing a platform for this test run, i.e., Syniverse and IBM are upbeat about the prospects of smart contract and their potential implementation in the telecom industry. Syniverse identifies this particular opportunity to further connected technologies and IoT. The company believes that by providing a safe way of monetizing applications, it can leverage the use of open ledger while meeting its organizational goals. IBM, on the other hand, is now focusing its attention on the telecom industry as it has already provided its blockchain solutions to a number of other industry segments. The focus of IBM is to supply companies with technology that will help them to bring down the cost factor by providing an efficient operational capability, easy and fast processing of the payment system, real-time settlement of transactions, and more satisfying customer experience. After covering the financial technology, logistics and supply chain, and automobile industry, blockchain is catching up with telecom operators. Especially the feature of smart contracts is proving to be a panacea for many operational inefficiencies and unproductive work processes associated with the telecom industry.

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TiVo (TIVO) Analysts See $0.10 EPS; Mts Systems (MTSC) Shorts Raised By 10.06%

… Is Acquiring License to TiVo Patent Portfolios and Over-The-Top Assets of Intellectual Ventures Patent Portfolio; 06/03/2018 – TIVO CORP – SHARP …

TiVo Corporation (NASDAQ:TIVO) Logo

Mts Systems Corporation (NASDAQ:MTSC) had an increase of 10.06% in short interest. MTSC’s SI was 1.06 million shares in May as released by FINRA. Its up 10.06% from 965,200 shares previously. With 130,700 avg volume, 8 days are for Mts Systems Corporation (NASDAQ:MTSC)’s short sellers to cover MTSC’s short positions. The stock decreased 0.26% or $0.14 during the last trading session, reaching $54.59. About 52,728 shares traded. MTS Systems Corporation (NASDAQ:MTSC) has risen 10.59% since May 3, 2018 and is uptrending. It has outperformed by 6.22% the S&P500. Some Historical MTSC News: 07/05/2018 – MTS Systems Anticipates Restructuring Action to Be Completed by End of Fiscal Yr 2018; 07/05/2018 – MTS Systems Reaffirms Outlook for Fiscal Yr 2018; 27/03/2018 – MTS Business Partner Opens Testing Innovation Center In Brazil To Support Aerospace Industry Growth; 14/05/2018 – MTS Systems Forms Golden Cross: Technicals; 13/03/2018 – MTS SYSTEMS – ACTIONS TO IMPACT 2 TEST CHINA MANUFACTURING FACILITIES WITH NO CHANGES ANTICIPATED IN U.S. OR EUROPEAN OPERATIONS FROM TRANSFER; 07/05/2018 – MTS SYSTEMS CORP – REAFFIRM EXPECTED OUTLOOK FOR FISCAL YEAR 2018; 07/05/2018 – MTS Systems 2Q EPS 44c; 07/05/2018 – MTS Systems Backs 2018 EPS $3.55-EPS $3.85; 13/03/2018 – MTS Systems: Cuts Correspond to Transfer of Production in China to Contract Manufacturing Partne; 08/05/2018 – MTS Systems at Wells Fargo Industrials Conference Tomorrow

Analysts expect TiVo Corporation (NASDAQ:TIVO) to report $0.10 EPS on May, 9.They anticipate $0.12 EPS change or 54.55% from last quarter’s $0.22 EPS. TIVO’s profit would be $12.49 million giving it 22.63 P/E if the $0.10 EPS is correct. After having $0.08 EPS previously, TiVo Corporation’s analysts see 25.00% EPS growth. The stock decreased 0.88% or $0.08 during the last trading session, reaching $9.05. About 1.53M shares traded or 69.74% up from the average. TiVo Corporation (NASDAQ:TIVO) has declined 33.81% since May 3, 2018 and is downtrending. It has underperformed by 38.18% the S&P500. Some Historical TIVO News: 16/05/2018 – TiVo Enters Long-term IP License with Fnac Darty Group; 06/03/2018 – TIVO CORP – SHARP SIGNS LICENSE TO CO’S GLOBAL INNOVATIONS TO ENABLE CUSTOM DISCOVERY SERVICES; 10/04/2018 – Mediacom Commun Extends Licensing Agreement With TiVo to Transform TV Viewing for Customers; 10/04/2018 – TIVO CORP – RELATIONSHIP WITH MEDIACOM WILL EXPAND TO NEW PLATFORMS BEYOND TRADITIONAL DVR; 02/05/2018 – TiVo Renews Intellectual Property License Agreement With VIZIO; 03/04/2018 – Starz Is Acquiring License to TiVo Patent Portfolios and Over-The-Top Assets of Intellectual Ventures Patent Portfolio; 06/03/2018 – TIVO CORP – SHARP AND CO EXTEND INTERACTIVE PROGRAM GUIDE DEAL TO POWER CONTENT DISCOVERY ACROSS ENTERTAINMENT DEVICES; 10/05/2018 – TIVO 1Q LOSS/SHR CONT OPS 16C, EST. EPS 34C; 21/04/2018 – DJ TiVo Corp, Inst Holders, 1Q 2018 (TIVO); 15/05/2018 – Driehaus Capital Management LLC Exits Position in TiVo

Investors sentiment decreased to 1.11 in Q4 2018. Its down 0.04, from 1.15 in 2018Q3. It dived, as 17 investors sold MTS Systems Corporation shares while 47 reduced holdings. 29 funds opened positions while 42 raised stakes. 17.30 million shares or 1.24% more from 17.09 million shares in 2018Q3 were reported. Invesco has invested 0.01% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). Engineers Gate Manager L P has invested 0.04% in MTS Systems Corporation (NASDAQ:MTSC). 5,000 are held by Meyer Handelman. Goldman Sachs Group Inc holds 0% or 76,560 shares. Aperio Grp Ltd Liability Corp has 5,991 shares for 0% of their portfolio. New York State Common Retirement Fund accumulated 0% or 17,600 shares. Naples Glob Advisors Ltd Co holds 4,890 shares. The Pennsylvania-based Susquehanna Group Inc Llp has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Clearbridge Limited Liability owns 460,533 shares. Pacific Ridge Cap Prns Llc holds 0.16% or 12,230 shares in its portfolio. State Of Alaska Department Of Revenue holds 5,959 shares. Aristotle Cap Boston Limited Liability Com holds 0.39% or 117,969 shares. Natl Bank Of Montreal Can reported 0% stake. Dimensional Fund Advisors L P has 0.02% invested in MTS Systems Corporation (NASDAQ:MTSC). Morgan Stanley reported 0% stake.

Since November 28, 2018, it had 5 insider buys, and 0 selling transactions for $711,194 activity. 521 shares were bought by Harrison Steven B, worth $24,691 on Thursday, November 29. $29,880 worth of MTS Systems Corporation (NASDAQ:MTSC) was bought by SCHROCK MICHAEL V on Tuesday, December 4. 2,000 shares were bought by GRAVES JEFFREY A, worth $93,600 on Sunday, December 9.

MTS Systems Corporation supplies test systems and sensors in the Americas, Europe, and Asia. The company has market cap of $977.29 million. The companyÂ’s Test segment offers road simulators for durability simulation; tire performance and rolling resistance measurement systems; moving road-plane systems and balances for aerodynamics measurements in wind tunnels; service to maintain the equipment; systems for the physical characterization of material properties, including ceramics, composites, and steel; and systems to test durability and performance of implants, prostheses, and other medical and dental materials and devices. It has a 27.25 P/E ratio. It also provides products, systems, and software to perform static and fatigue testing of aircraft and space vehicles; products for blades, bearings, and wind turbines; structural engineering systems, such as static and dynamic testing; and seismic simulation tables to test the design of structures and establish building codes.

More notable recent MTS Systems Corporation (NASDAQ:MTSC) news were published by: Nasdaq.com which released: “MTS Systems (MTSC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” on April 29, 2019, also Prnewswire.com with their article: “MTS Announces Second Quarter 2019 Earnings Release Date and Conference Call – PRNewswire” published on April 22, 2019, Nasdaq.com published: “MTS Systems Corporation (MTSC) Ex-Dividend Date Scheduled for March 15, 2019 – Nasdaq” on March 14, 2019. More interesting news about MTS Systems Corporation (NASDAQ:MTSC) were released by: Nasdaq.com and their article: “After-Hours Earnings Report for November 26, 2018 : ENTA, BKE, MTSC, GSM – Nasdaq” published on November 26, 2018 as well as Nasdaq.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Shopify, Meredith, Pebblebrook Hotel Trust, DXC Technology, MTS, and Biglari — New Horizons, Emerging Trends, and Upcoming Developments – Nasdaq” with publication date: February 14, 2019.

More notable recent TiVo Corporation (NASDAQ:TIVO) news were published by: Nasdaq.com which released: “Earnings Preview: TiVo (TIVO) Q1 Earnings Expected to Decline – Nasdaq” on May 02, 2019, also Finance.Yahoo.com with their article: “Is TiVo Corporation (TIVO) A Good Stock To Buy? – Yahoo Finance” published on May 02, 2019, Bizjournals.com published: “Comcast hit with (yet another) lawsuit from TiVo – Philadelphia Business Journal” on April 22, 2019. More interesting news about TiVo Corporation (NASDAQ:TIVO) were released by: Nasdaq.com and their article: “Will Alphabet’s Commercial-Drone Business Boost Google Stock? – Nasdaq” published on April 29, 2019 as well as Seekingalpha.com‘s news article titled: “TiVo launches new volley in patent fight against Comcast – Seeking Alpha” with publication date: April 26, 2019.

TiVo Corporation provides entertainment technology and audience insights worldwide. The company has market cap of $1.13 billion. The Company’s Intellectual Property Licensing segment licenses its patent portfolio to multi-channel video service providers, including cable, satellite, and Internet-protocol television providers; set-top box manufacturers; and interactive television software and program guide providers in the online, over-the-top video, and mobile phone businesses, as well as consumer electronics (CE) manufacturers. It currently has negative earnings. This segment’s portfolio of licensable technology patents covers various aspects of content discovery, digital video recorder (DVR), video-on-demand (VOD), OTT experiences, multi-screen functionality, and personalization, as well as interactive applications and advertising.

MTS Systems Corporation (NASDAQ:MTSC) Institutional Positions Chart

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Two Top Stocks to Discuss: Broadcom Inc. (NASDAQ:AVGO), Mobile TeleSystems OJSC (NYSE …

Broadcom Inc. (NASDAQ:AVGO) closed at $303.05 on the last trading session with an decrease of -0.9%, whereas, it previously closed at $305.79.

Broadcom Inc. (NASDAQ:AVGO)

Broadcom Inc. (NASDAQ:AVGO) closed at $303.05 on the last trading session with an decrease of -0.9%, whereas, it previously closed at $305.79. The company has a market capitalization of $119.31 Billion. The company traded shares of 2.21 Million on the trading day while its three month average volume stands at 3.09 Million.

Now to discuss some of the Earning per Share estimates and growth estimates, shares of Broadcom Inc. (NASDAQ:AVGO) produced diluted EPS of 11.52. The EPS estimate for next year as estimated by analysts is at 26.34 while EPS for next quarter is estimated at 5.18. Earnings per Share growth for this year is reported at 187.6, while the analysts estimated the EPS growth for next year at 26.34% and Earnings growth for next 5 years stands at 16.71% as estimated by the analysts. While Annual EPS Growth rate for past five years as reported by the company is at 39.6%.

Some important ratios are also vital to discuss the performance of the company and its shares. The P/E or Price to Earnings ratio of Broadcom Inc. (NASDAQ:AVGO) is at 26.31 while the forward p/e is at 11.51. The P/S or Price to Sales ratio of Broadcom Inc. (NASDAQ:AVGO) stands at 5.6 and Price to Book or P/B for the most recent quarter stands at 5.23. The Price to Free Cash Flow ratio or P/FCF is reported at 21.68. The quick ratio and the current ratio of Broadcom Inc. (NASDAQ:AVGO) are reported at 1.1 and 1.3 respectively. The Return on Assets ROA, Return On Earnings ROE and ROI Return On Investment for Broadcom Inc. (NASDAQ:AVGO) stands at 11.4, 23.8 and 13.2 respectively

The trailing twelve month Revenue of Broadcom Inc. (NASDAQ:AVGO) is reported at 21.31 Billion with income of 5.05 Billion. The outstanding shares of Broadcom Inc. (NASDAQ:AVGO) are 393.69 Million. The institutional Ownership of the shares of 88.3 stands at 0.80%, this figure is decreased -3.12 in the last six months. The insider ownership for the shares of Broadcom Inc. (NASDAQ:AVGO) is ticked at 0.2%, the figure is rose 0% in the last six months.

Some other important financial aspects to be discussed here for Broadcom Inc. (NASDAQ:AVGO) is the Mean Target Price estimated by the analysts which stands at 307.03. The 52 week high of Broadcom Inc. (NASDAQ:AVGO) is placed at 306.75 and 52 week low is standing at 197.46.

Performance wise the shares of Broadcom Inc. (NASDAQ:AVGO) rose up 2.03% for the week, it also rise 10.24% for the monthly performance, while for the quarter it went down 19.18%. The shares increase 22.83% for the half year and flew up for the Year-To-Date performance. The shares of Broadcom Inc. (NASDAQ:AVGO) grew 33.1% for the yearly performance.

Mobile TeleSystems OJSC (NYSE:MBT)

Mobile TeleSystems OJSC (NYSE:MBT) closed at $7.86 on the last trading session with an increase of 0.51%, whereas, it previously closed at $7.82. The company has a market capitalization of $8.19 Billion. The company traded shares of 2.64 Million on the trading day while its three month average volume stands at 3.27 Million.

Now to discuss some of the Earning per Share estimates and growth estimates, shares of Mobile TeleSystems OJSC (NYSE:MBT) produced diluted EPS of 0.96. The EPS estimate for next year as estimated by analysts is at 1.09 while EPS for next quarter is estimated at 0.26. Earnings per Share growth for this year is reported at 8.7, while the analysts estimated the EPS growth for next year at 1.09% and Earnings growth for next 5 years stands at 0.07% as estimated by the analysts. While Annual EPS Growth rate for past five years as reported by the company is at -1.8%.

Some important ratios are also vital to discuss the performance of the company and its shares. The P/E or Price to Earnings ratio of Mobile TeleSystems OJSC (NYSE:MBT) is at 8.22 while the forward p/e is at 7.2. The P/S or Price to Sales ratio of Mobile TeleSystems OJSC (NYSE:MBT) stands at 1.14 and Price to Book or P/B for the most recent quarter stands at 8.02. The Price to Free Cash Flow ratio or P/FCF is reported at 0. The quick ratio and the current ratio of Mobile TeleSystems OJSC (NYSE:MBT) are reported at 0.9 and 1 respectively. The Return on Assets ROA, Return On Earnings ROE and ROI Return On Investment for Mobile TeleSystems OJSC (NYSE:MBT) stands at 0, 0 and 18.2 respectively

The trailing twelve month Revenue of Mobile TeleSystems OJSC (NYSE:MBT) is reported at 7.19 Billion with income of 913.3 Million. The outstanding shares of Mobile TeleSystems OJSC (NYSE:MBT) are 1.04 Billion. The institutional Ownership of the shares of 33.5 stands at 0.80%, this figure is decreased -1.27 in the last six months. The insider ownership for the shares of Mobile TeleSystems OJSC (NYSE:MBT) is ticked at 0%, the figure is rose 0% in the last six months.

Some other important financial aspects to be discussed here for Mobile TeleSystems OJSC (NYSE:MBT) is the Mean Target Price estimated by the analysts which stands at 10.04. The 52 week high of Mobile TeleSystems OJSC (NYSE:MBT) is placed at 11.70 and 52 week low is standing at 6.64.

Performance wise the shares of Mobile TeleSystems OJSC (NYSE:MBT) fell down -1.75% for the week, it also rise 0.77% for the monthly performance, while for the quarter it went down 12.29%. The shares decrease -7.85% for the half year and flew up for the Year-To-Date performance. The shares of Mobile TeleSystems OJSC (NYSE:MBT) shrinked -31.23% for the yearly performance.

TransAct Technologies (TACT) Forms $9.00 Double Bottom; Crawford Investment Counsel Lifted …

SZ SAYS IT WINS BID TO SELL CURRENCY-RELATED EQUIPMENT TO INDIA’S … TELLS BANKS NOT TO TRANSACT IN VIRTUAL CURRENCIES.

MTS Systems Corporation (NASDAQ:MTSC) Logo

TransAct Technologies Incorporated (TACT) formed double bottom with $8.46 target or 6.00% below today’s $9.00 share price. TransAct Technologies Incorporated (TACT) has $67.06M valuation. The stock increased 0.33% or $0.03 during the last trading session, reaching $9. About 263 shares traded. TransAct Technologies Incorporated (NASDAQ:TACT) has declined 26.37% since March 29, 2018 and is downtrending. It has underperformed by 30.74% the S&P500. Some Historical TACT News: 15/05/2018 – TRANSACT: NZX: NZX REPORTS SALE OF FARMERS WEEKLY; 22/05/2018 – Freedom Leaf, Inc., Takes 25% Equity Interest in Cicero Transact Group, LLC – A Business Platform Launching in July; 05/03/2018 – TRANSACT TECHNOLOGIES INC – QTRLY ADJ SHR $0.12; 06/04/2018 – Digital Transact: Is Amazon Mulling a P2P Payment Service for Its Alexa Voice Commerce Service?; 16/03/2018 – JULONG CO LTD 300202.SZ SAYS IT WINS BID TO SELL CURRENCY-RELATED EQUIPMENT TO INDIA’S AGS TRANSACT TECHNOLOGIES LTD; 24/04/2018 – Pinpoint Intelligence Announces Key Industry Expert Hire at ETA’s TRANSACT; 16/04/2018 – Jaffe’s Targan to Present on Legal Aspects of Electronic Payments at TRANSACT 18; 20/04/2018 – DJ TransAct Technologies Incorporated, Inst Holders, 1Q 2018 (TACT); 05/03/2018 TransAct 4Q Loss/Shr 6c; 14/05/2018 – ZIMBABWE TELLS BANKS NOT TO TRANSACT IN VIRTUAL CURRENCIES

Crawford Investment Counsel Inc increased Mts Sys Corp (MTSC) stake by 30.16% reported in 2018Q4 SEC filing. Crawford Investment Counsel Inc acquired 15,000 shares as Mts Sys Corp (MTSC)’s stock rose 16.34%. The Crawford Investment Counsel Inc holds 64,733 shares with $2.60 million value, up from 49,733 last quarter. Mts Sys Corp now has $984.99 million valuation. The stock increased 0.64% or $0.35 during the last trading session, reaching $55.02. About 5,498 shares traded. MTS Systems Corporation (NASDAQ:MTSC) has risen 10.59% since March 29, 2018 and is uptrending. It has outperformed by 6.22% the S&P500. Some Historical MTSC News: 27/03/2018 – MTS Business Partner Opens Testing Innovation Center In Brazil To Support Aerospace Industry Growth; 07/05/2018 – MTS SYSTEMS 2Q ADJ EPS 45C, EST. 48C; 07/05/2018 – MTS Systems Reaffirms Outlook for Fiscal Yr 2018; 13/03/2018 – MTS Systems Sees Restructuring Action to be Completed by FY18 End; 24/04/2018 – MTS Systems at Wells Fargo Industrials Conference May 9; 07/05/2018 – MTS SYSTEMS 2Q REV. $191M, EST. $195.5M (2 EST.); 13/03/2018 – MTS Systems to Make Workforce Cuts, Plant Closures in Test Segment; 07/05/2018 – MTS SYSTEMS CORP – REAFFIRM EXPECTED OUTLOOK FOR FISCAL YEAR 2018; 13/03/2018 – MTS SYSTEMS – WORKFORCE REDUCTIONS & FACILITY CLOSURES IN CHINA RELATE TO TRANSFER OF PRODUCTION OPERATIONS TO CONTRACT MANUFACTURING PARTNER; 07/05/2018 – MTS Systems 2Q Adj EPS 45c

Investors sentiment increased to 2.27 in Q4 2018. Its up 1.34, from 0.93 in 2018Q3. It is positive, as 5 investors sold TransAct Technologies Incorporated shares while 6 reduced holdings. 10 funds opened positions while 15 raised stakes. 3.16 million shares or 5.14% more from 3.00 million shares in 2018Q3 were reported. Federated Invsts Inc Pa holds 0% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT) for 927 shares. Acadian Asset Management Ltd Company owns 75,398 shares for 0% of their portfolio. Vanguard Gru, a Pennsylvania-based fund reported 348,861 shares. North Star Invest Mngmt Corp owns 113,100 shares. Gamco Et Al reported 80,000 shares. Hillsdale Invest Management reported 11,400 shares stake. Gabelli Funds Llc reported 33,050 shares or 0% of all its holdings. Wells Fargo And Co Mn holds 0% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT) for 7,404 shares. Zpr Invest Mngmt holds 0.96% or 53,595 shares in its portfolio. Renaissance Ltd Llc reported 0% stake. North Carolina-based Bancorp Of America De has invested 0% in TransAct Technologies Incorporated (NASDAQ:TACT). M&T Bank Corp stated it has 24,000 shares. Royal Comml Bank Of Canada has invested 0% in TransAct Technologies Incorporated (NASDAQ:TACT). Wedge L Limited Partnership Nc reported 29,062 shares. Cadence Cap Ltd Liability Corp invested 0.17% in TransAct Technologies Incorporated (NASDAQ:TACT).

Since November 9, 2018, it had 1 buy, and 11 sales for $1.28 million activity. On Wednesday, November 21 the insider TANAKA GRAHAM Y sold $339,879. On Monday, March 11 DILLON JOHN bought $88,100 worth of TransAct Technologies Incorporated (NASDAQ:TACT) or 10,000 shares. On Friday, November 30 the insider Chernay Tracey S sold $81,856. 396 shares were sold by Peters David B, worth $4,990.

Investors sentiment decreased to 1.11 in Q4 2018. Its down 0.04, from 1.15 in 2018Q3. It dropped, as 17 investors sold MTSC shares while 47 reduced holdings. 29 funds opened positions while 42 raised stakes. 17.30 million shares or 1.24% more from 17.09 million shares in 2018Q3 were reported. United Svcs Automobile Association has 0.01% invested in MTS Systems Corporation (NASDAQ:MTSC) for 83,203 shares. Reilly Financial Advisors Limited Liability Corporation invested in 1,600 shares or 0.01% of the stock. Ariel Ltd Com holds 0.97% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC) for 1.74 million shares. Whittier Tru Of Nevada reported 1,800 shares. Public Employees Retirement Association Of Colorado reported 0% stake. 390,672 are held by Tributary Capital Management Ltd Liability. State Board Of Administration Of Florida Retirement reported 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). Amer Int Gp holds 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC) for 13,871 shares. Barclays Public Ltd invested in 10,093 shares or 0% of the stock. Meeder Asset Mngmt Incorporated holds 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC) for 407 shares. California Public Employees Retirement System has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Ameriprise owns 232,180 shares or 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,078 shares for 0% of their portfolio. Voya Investment Limited Liability Co reported 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). Marshall Wace Ltd Liability Partnership invested in 40,230 shares.

Since November 28, 2018, it had 5 buys, and 0 selling transactions for $711,194 activity. The insider SCHROCK MICHAEL V bought 9,400 shares worth $471,063. $93,600 worth of MTS Systems Corporation (NASDAQ:MTSC) was bought by GRAVES JEFFREY A on Sunday, December 9. 521 MTS Systems Corporation (NASDAQ:MTSC) shares with value of $24,691 were bought by Harrison Steven B.

MTS Systems Corporation (NASDAQ:MTSC) Institutional Positions Chart

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Vanguard Group Inc Buys 38658 Shares of MTS Systems Co. (MTSC)

Vanguard Group Inc grew its stake in shares of MTS Systems Co. (NASDAQ:MTSC) by 2.2% during the 3rd quarter, according to the company in its …

MTS Systems logoVanguard Group Inc grew its stake in shares of MTS Systems Co. (NASDAQ:MTSC) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,811,620 shares of the scientific and technical instruments company’s stock after buying an additional 38,658 shares during the period. Vanguard Group Inc owned 10.14% of MTS Systems worth $99,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of MTS Systems by 3.9% in the third quarter. BlackRock Inc. now owns 2,521,024 shares of the scientific and technical instruments company’s stock valued at $138,026,000 after purchasing an additional 94,095 shares during the period. Wells Fargo & Company MN grew its holdings in MTS Systems by 9.7% during the third quarter. Wells Fargo & Company MN now owns 238,353 shares of the scientific and technical instruments company’s stock worth $13,051,000 after acquiring an additional 21,038 shares during the period. Bank of New York Mellon Corp grew its holdings in MTS Systems by 3.3% during the third quarter. Bank of New York Mellon Corp now owns 288,474 shares of the scientific and technical instruments company’s stock worth $15,794,000 after acquiring an additional 9,170 shares during the period. Victory Capital Management Inc. grew its holdings in MTS Systems by 9.6% during the third quarter. Victory Capital Management Inc. now owns 22,606 shares of the scientific and technical instruments company’s stock worth $1,238,000 after acquiring an additional 1,975 shares during the period. Finally, Bessemer Group Inc. grew its holdings in MTS Systems by 36.9% during the third quarter. Bessemer Group Inc. now owns 21,900 shares of the scientific and technical instruments company’s stock worth $1,199,000 after acquiring an additional 5,900 shares during the period. Hedge funds and other institutional investors own 97.80% of the company’s stock.

Shares of NASDAQ:MTSC opened at $54.16 on Thursday. The stock has a market cap of $967.14 million, a price-to-earnings ratio of 16.51, a PEG ratio of 2.04 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 0.92. MTS Systems Co. has a 12 month low of $38.42 and a 12 month high of $57.00.

MTS Systems (NASDAQ:MTSC) last posted its earnings results on Monday, February 4th. The scientific and technical instruments company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.08. MTS Systems had a return on equity of 8.78% and a net margin of 4.91%. The business had revenue of $203.20 million during the quarter, compared to analyst estimates of $206.78 million. During the same quarter last year, the firm earned $0.41 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. Research analysts predict that MTS Systems Co. will post 2.65 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Monday, March 18th will be paid a $0.30 dividend. The ex-dividend date is Friday, March 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.22%. MTS Systems’s dividend payout ratio (DPR) is currently 36.59%.

A number of research analysts recently weighed in on the company. TheStreet raised MTS Systems from a “c+” rating to a “b-” rating in a report on Wednesday, February 20th. BidaskClub upgraded MTS Systems from a “hold” rating to a “buy” rating in a research report on Wednesday. ValuEngine downgraded MTS Systems from a “buy” rating to a “hold” rating in a research report on Monday, March 11th. Finally, Zacks Investment Research upgraded MTS Systems from a “sell” rating to a “strong-buy” rating and set a $59.00 target price on the stock in a research report on Thursday, February 7th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $64.50.

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About MTS Systems

MTS Systems Corporation supplies test systems and sensors in the Americas, Europe, and Asia. The company’s Test segment offers road simulators and component test systems, vehicle performance test systems, vehicle dynamics simulators, electrical motors and energy recovery systems, tire performance and rolling resistance measurement systems, and moving ground-plane systems and balances.

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Institutional Ownership by Quarter for MTS Systems (NASDAQ:MTSC)

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