MTS Systems (MTSC) Reaches $51.65 Formed H&S; Nwq Investment Management Company Has Increased Astrazeneca Plc (AZN) Position

April 1, 2018 - By Annabelle Johnson

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MTS Systems Corporation (MTSC) formed H&S with $49.58 target or 4.00% below today’s $51.65 share price. MTS Systems Corporation (MTSC) has $918.34M valuation. The stock decreased 0.86% or $0.45 during the last trading session, reaching $51.65. About 197,727 shares traded or 161.25% up from the average. MTS Systems Corporation (NASDAQ:MTSC) has declined 2.90% since April 1, 2017 and is downtrending. It has underperformed by 14.45% the S&P500.

Nwq Investment Management Company Llc increased Astrazeneca Plc (AZN) stake by 3.05% reported in 2017Q4 SEC filing. Nwq Investment Management Company Llc acquired 17,624 shares as Astrazeneca Plc (AZN)’s stock rose 3.15%. The Nwq Investment Management Company Llc holds 595,499 shares with $20.66M value, up from 577,875 last quarter. Astrazeneca Plc now has $86.87B valuation. The stock decreased 0.46% or $0.16 during the last trading session, reaching $34.97. About 4.01M shares traded. AstraZeneca PLC (NYSE:AZN) has risen 9.03% since April 1, 2017 and is uptrending. It has underperformed by 2.52% the S&P500.

Investors sentiment decreased to 1.46 in 2017 Q4. Its down 0.05, from 1.51 in 2017Q3. It is negative, as 14 investors sold MTS Systems Corporation shares while 40 reduced holdings. 25 funds opened positions while 54 raised stakes. 17.32 million shares or 0.11% less from 17.34 million shares in 2017Q3 were reported. Moreover, Louisiana State Employees Retirement Sys has 0.02% invested in MTS Systems Corporation (NASDAQ:MTSC) for 7,600 shares. Dubuque Commercial Bank Tru Communication stated it has 4,900 shares or 0.04% of all its holdings. 1492 Cap Lc invested in 32,239 shares. State Board Of Administration Of Florida Retirement System owns 7,358 shares. Valley Advisers holds 0% in MTS Systems Corporation (NASDAQ:MTSC) or 80 shares. Schroder Mgmt Group, Maine-based fund reported 10,667 shares. Elk Creek Prtn Ltd owns 183,146 shares for 0.58% of their portfolio. 185,311 are owned by Wells Fargo & Mn. Glenmede Trust Co Na reported 146 shares or 0% of all its holdings. Moreover, Deprince Race Zollo has 0.09% invested in MTS Systems Corporation (NASDAQ:MTSC) for 73,754 shares. Parallax Volatility Advisers Lp has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Ls Investment Advisors Ltd Com reported 476 shares. 13,045 are owned by Manufacturers Life The. Comerica Financial Bank invested in 0.01% or 37,362 shares. Kennedy Mngmt stated it has 73,668 shares or 0.07% of all its holdings.

Since March 14, 2018, it had 2 insider purchases, and 0 selling transactions for $320,880 activity. $106,580 worth of MTS Systems Corporation (NASDAQ:MTSC) was bought by Yu Chun Hung on Wednesday, March 14. Another trade for 4,000 shares valued at $214,300 was made by GRAVES JEFFREY A on Wednesday, March 14.

Analysts await MTS Systems Corporation (NASDAQ:MTSC) to report earnings on May, 14. They expect $0.49 EPS, down 26.87% or $0.18 from last year’s $0.67 per share. MTSC’s profit will be $8.71 million for 26.35 P/E if the $0.49 EPS becomes a reality. After $0.41 actual EPS reported by MTS Systems Corporation for the previous quarter, Wall Street now forecasts 19.51% EPS growth.

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 stock has “Buy” rating by Sidoti on Thursday, October 13. JP Morgan downgraded MTS Systems Corporation (NASDAQ:MTSC) on Friday, February 10 to “Neutral” rating. As per Wednesday, August 17, the company rating was initiated by Wells Fargo. The stock of MTS Systems Corporation (NASDAQ:MTSC) has “Overweight” rating given on Thursday, June 23 by JP Morgan.

MTS Systems Corporation (NASDAQ:MTSC) Institutional Positions Chart