Johnson Outdoors Inc. (JOUT) At $62.91 Forms Top; Glenmede Trust Company Na Lowered Minerals Tech (MTX) Holding By $514,828

April 8, 2018 - By Jerrie Dane

Minerals Technologies Inc. (NYSE:MTX) Logo

Johnson Outdoors Inc. (JOUT) formed multiple top with $66.68 target or 6.00% above today’s $62.91 share price. Johnson Outdoors Inc. (JOUT) has $621.34M valuation. The stock decreased 1.08% or $0.69 during the last trading session, reaching $62.91. About 11,156 shares traded. Johnson Outdoors Inc. (NASDAQ:JOUT) has risen 71.02% since April 8, 2017 and is uptrending. It has outperformed by 59.47% the S&P500.

Glenmede Trust Company Na decreased Minerals Tech (MTX) stake by 50.96% reported in 2017Q4 SEC filing. Glenmede Trust Company Na sold 7,571 shares as Minerals Tech (MTX)’s stock declined 3.13%. The Glenmede Trust Company Na holds 7,285 shares with $501,000 value, down from 14,856 last quarter. Minerals Tech now has $2.36B valuation. The stock decreased 2.78% or $1.9 during the last trading session, reaching $66.55. About 57,820 shares traded. Minerals Technologies Inc. (NYSE:MTX) has declined 11.28% since April 8, 2017 and is downtrending. It has underperformed by 22.83% the S&P500.

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $519,334 activity. Another trade for 2,985 shares valued at $183,655 was made by PYLE THOMAS F JR on Wednesday, December 13. Johnson David W also sold $62,310 worth of Johnson Outdoors Inc. (NASDAQ:JOUT) on Monday, January 8. The insider Sheahan Richard Case sold 4,434 shares worth $273,369.

Among 3 analysts covering Johnson Outdoors (NASDAQ:JOUT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Johnson Outdoors had 7 analyst reports since December 30, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Barrington Research given on Wednesday, December 30. Imperial Capital initiated Johnson Outdoors Inc. (NASDAQ:JOUT) rating on Wednesday, August 24. Imperial Capital has “Outperform” rating and $40 target. Imperial Capital maintained the stock with “Buy” rating in Friday, December 15 report. The rating was maintained by Imperial Capital on Wednesday, December 14 with “Outperform”. The company was maintained on Sunday, September 3 by Forward View Consulting. The firm has “Buy” rating given on Monday, August 7 by Forward View Consulting.

Analysts await Johnson Outdoors Inc. (NASDAQ:JOUT) to report earnings on May, 4. They expect $1.45 earnings per share, up 4.32% or $0.06 from last year’s $1.39 per share. JOUT’s profit will be $14.32 million for 10.85 P/E if the $1.45 EPS becomes a reality. After $0.66 actual earnings per share reported by Johnson Outdoors Inc. for the previous quarter, Wall Street now forecasts 119.70% EPS growth.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.37, from 1.51 in 2017Q3. It fall, as 11 investors sold Johnson Outdoors Inc. shares while 38 reduced holdings. 16 funds opened positions while 40 raised stakes. 6.04 million shares or 1.45% more from 5.95 million shares in 2017Q3 were reported. Deutsche Bankshares Ag holds 24,248 shares. Gotham Asset Mngmt, New York-based fund reported 13,885 shares. Indexiq Advisors Ltd Liability Co holds 0.09% of its portfolio in Johnson Outdoors Inc. (NASDAQ:JOUT) for 38,579 shares. Bridgeway Cap reported 100,054 shares stake. Ameritas Ptnrs invested in 0% or 405 shares. Clarivest Asset Management Limited Liability Company invested in 0.01% or 6,096 shares. Us Retail Bank De accumulated 20,213 shares. Metropolitan Life Insurance holds 0% or 1,790 shares in its portfolio. Prudential Financial Incorporated, a New Jersey-based fund reported 37,084 shares. Qs Invsts Limited Liability holds 0.01% or 16,849 shares in its portfolio. Lsv Asset Management stated it has 0.01% in Johnson Outdoors Inc. (NASDAQ:JOUT). Spark Inv Ltd Liability Corp accumulated 0.09% or 28,300 shares. Wells Fargo & Company Mn accumulated 37,167 shares. Bnp Paribas Arbitrage Sa holds 0% or 1,412 shares. Rhumbline Advisers has invested 0% of its portfolio in Johnson Outdoors Inc. (NASDAQ:JOUT).

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.20, from 1.24 in 2017Q3. It improved, as 11 investors sold MTX shares while 67 reduced holdings. 32 funds opened positions while 80 raised stakes. 32.61 million shares or 0.66% less from 32.83 million shares in 2017Q3 were reported. Stoneridge Invest Ptnrs Limited Liability Co holds 4,061 shares. Teachers Retirement System Of The State Of Kentucky invested 0% in Minerals Technologies Inc. (NYSE:MTX). Royal State Bank Of Canada has invested 0% in Minerals Technologies Inc. (NYSE:MTX). Quantbot Technology LP has 20,873 shares for 0.13% of their portfolio. Citigroup has invested 0% in Minerals Technologies Inc. (NYSE:MTX). Panagora Asset Mngmt Inc reported 14,204 shares stake. Swiss Natl Bank holds 0% of its portfolio in Minerals Technologies Inc. (NYSE:MTX) for 59,800 shares. Tci Wealth Advsrs Inc invested in 122 shares. 2,215 were accumulated by First Mercantile Trust Communications. Burney accumulated 10,382 shares or 0.04% of the stock. Deutsche National Bank Ag invested in 0.02% or 364,692 shares. Citadel Advisors Limited Co reported 135,673 shares or 0.01% of all its holdings. Counselors Of Maryland Lc holds 0.92% or 270,147 shares. Schwab Charles Mngmt owns 225,149 shares for 0.01% of their portfolio. Ls Inv Advsrs Lc reported 2,309 shares or 0.01% of all its holdings.

Among 3 analysts covering Minerals Technologies (NYSE:MTX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Minerals Technologies had 8 analyst reports since August 31, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded the shares of MTX in report on Tuesday, October 13 to “Overweight” rating. The firm earned “Sector Weight” rating on Monday, September 19 by KeyBanc Capital Markets. Wedbush maintained Minerals Technologies Inc. (NYSE:MTX) on Monday, August 31 with “Outperform” rating. JP Morgan downgraded the shares of MTX in report on Friday, December 2 to “Neutral” rating. The stock of Minerals Technologies Inc. (NYSE:MTX) earned “Neutral” rating by Wedbush on Thursday, May 12. The firm earned “Hold” rating on Wednesday, September 6 by KeyBanc Capital Markets. The firm has “Outperform” rating given on Tuesday, December 29 by Wedbush. The stock has “Overweight” rating by JP Morgan on Friday, March 24.

Since February 7, 2018, it had 1 buy, and 0 selling transactions for $55,488 activity. 800 shares valued at $55,488 were bought by Breunig Joseph C. on Wednesday, February 7.

Glenmede Trust Company Na increased Citrix Systems Inc (NASDAQ:CTXS) stake by 282,312 shares to 687,354 valued at $60.49 million in 2017Q4. It also upped Facebook Inc (NASDAQ:FB) stake by 12,810 shares and now owns 918,486 shares. Teleflex Inc. (NYSE:TFX) was raised too.

Minerals Technologies Inc. (NYSE:MTX) Institutional Positions Chart