As Mts Systems (MTSC) Shares Declined, Shareholder Denver Investment Advisors Cut Holding; Altfest L J & Company Has Trimmed Its Holding in Google Class C (GOOGL) by $718,500 as Share Value Rose

February 13, 2018 - By Pete Kolinski

Denver Investment Advisors Llc decreased its stake in Mts Systems Corp (MTSC) by 12.99% based on its latest 2017Q3 regulatory filing with the SEC. Denver Investment Advisors Llc sold 59,936 shares as the company’s stock declined 4.99% while stock markets rallied. The hedge fund held 401,621 shares of the industrial machinery and components company at the end of 2017Q3, valued at $21.47M, down from 461,557 at the end of the previous reported quarter. Denver Investment Advisors Llc who had been investing in Mts Systems Corp for a number of months, seems to be less bullish one the $850.77 million market cap company. The stock increased 0.10% or $0.05 during the last trading session, reaching $47.85. About 31,984 shares traded. MTS Systems Corporation (NASDAQ:MTSC) has risen 15.65% since February 13, 2017 and is uptrending. It has underperformed by 1.05% the S&P500.

Altfest L J & Company Inc decreased its stake in Google Inc Class C (GOOGL) by 45.43% based on its latest 2017Q3 regulatory filing with the SEC. Altfest L J & Company Inc sold 750 shares as the company’s stock rose 12.77% with the market. The institutional investor held 901 shares of the programming company at the end of 2017Q3, valued at $864,000, down from 1,651 at the end of the previous reported quarter. Altfest L J & Company Inc who had been investing in Google Inc Class C for a number of months, seems to be less bullish one the $731.78 billion market cap company. The stock increased 0.27% or $2.81 during the last trading session, reaching $1057.37. About 1.09M shares traded. Alphabet Inc. (NASDAQ:GOOGL) has risen 33.46% since February 13, 2017 and is uptrending. It has outperformed by 16.76% the S&P500.

Among 4 analysts covering MTS Systems (NASDAQ:MTSC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MTS Systems had 6 analyst reports since June 23, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 13 by Sidoti. The firm has “Overweight” rating by JP Morgan given on Thursday, June 23. Wells Fargo initiated the shares of MTSC in report on Wednesday, August 17 with “Market Perform” rating. The firm earned “Neutral” rating on Friday, February 10 by JP Morgan.

Denver Investment Advisors Llc, which manages about $9.81B and $2.04 billion US Long portfolio, upped its stake in Northwestern Corp by 56,347 shares to 328,284 shares, valued at $18.69 million in 2017Q3, according to the filing. It also increased its holding in Methode Electronics Inc (NYSE:MEI) by 10,985 shares in the quarter, for a total of 385,749 shares, and has risen its stake in Flowers Foods Inc (NYSE:FLO).

Investors sentiment decreased to 1.51 in 2017 Q3. Its down 0.05, from 1.56 in 2017Q2. It dived, as 14 investors sold MTSC shares while 35 reduced holdings. 17 funds opened positions while 57 raised stakes. 17.34 million shares or 0.75% more from 17.21 million shares in 2017Q2 were reported. Deutsche Bank Ag has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Mairs & reported 45,570 shares stake. Parametric Assocs Limited Liability Co invested in 0% or 34,471 shares. 5,000 are owned by Virginia Retirement Systems Et Al. Bryn Mawr Trust has invested 0.29% in MTS Systems Corporation (NASDAQ:MTSC). Barrow Hanley Mewhinney And Strauss Limited Company has 0.08% invested in MTS Systems Corporation (NASDAQ:MTSC). Pnc owns 1,590 shares for 0% of their portfolio. Employees Retirement Of Texas stated it has 0.01% in MTS Systems Corporation (NASDAQ:MTSC). Nordea Inv Mngmt holds 0.01% or 40,800 shares. Bnp Paribas Arbitrage Sa accumulated 9,466 shares. Clearbridge Invests Ltd Liability Corp holds 0.04% or 788,960 shares. Schwab Charles Management Incorporated owns 119,377 shares for 0.01% of their portfolio. Parsons Cap Management Ri stated it has 5,100 shares. Prudential Fin Incorporated holds 28,442 shares. Art Advsr Ltd Company owns 4,216 shares.

Analysts await MTS Systems Corporation (NASDAQ:MTSC) to report earnings on April, 9. They expect $0.40 EPS, down 27.27% or $0.15 from last year’s $0.55 per share. MTSC’s profit will be $7.11 million for 29.91 P/E if the $0.40 EPS becomes a reality. After $0.44 actual EPS reported by MTS Systems Corporation for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Altfest L J & Company Inc, which manages about $205.71M US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 18,519 shares to 46,788 shares, valued at $1.78M in 2017Q3, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 6,203 shares in the quarter, for a total of 56,881 shares, and has risen its stake in Pimco Enhanced Short Maturity Active (MINT).

Among 54 analysts covering Google (NASDAQ:GOOGL), 48 have Buy rating, 0 Sell and 6 Hold. Therefore 89% are positive. Google had 185 analyst reports since August 8, 2015 according to SRatingsIntel. The rating was maintained by Axiom Capital on Tuesday, November 3 with “Buy”. The stock of Alphabet Inc. (NASDAQ:GOOGL) has “Buy” rating given on Thursday, June 1 by Jefferies. On Friday, October 27 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Buy” rating on Friday, October 27 by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Friday, October 27. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, June 27 report. On Friday, October 23 the stock rating was maintained by Jefferies with “Buy”. Aegis Capital maintained Alphabet Inc. (NASDAQ:GOOGL) rating on Monday, July 24. Aegis Capital has “Buy” rating and $109000 target. The rating was maintained by Credit Suisse on Tuesday, January 12 with “Outperform”. The stock has “Buy” rating by Needham on Friday, October 27.

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