MTS Systems Corporation (MTSC) Holdings Lifted by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lifted its holdings in shares of MTS Systems Corporation (NASDAQ:MTSC) by 1.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,431,683 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,384 shares during the period. Fuller & Thaler Asset Management Inc. owned 8.44% of MTS Systems Corporation worth $76,523,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. boosted its holdings in MTS Systems Corporation by 114,721.5% in the first quarter. BlackRock Inc. now owns 2,148,311 shares of the scientific and technical instruments company’s stock valued at $118,264,000 after acquiring an additional 2,146,440 shares during the last quarter. Vanguard Group Inc. raised its position in MTS Systems Corporation by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 1,518,170 shares of the scientific and technical instruments company’s stock valued at $83,576,000 after buying an additional 75,693 shares during the last quarter. Dimensional Fund Advisors LP raised its position in MTS Systems Corporation by 5.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 627,954 shares of the scientific and technical instruments company’s stock valued at $32,528,000 after buying an additional 30,667 shares during the last quarter. Denver Investment Advisors LLC raised its position in MTS Systems Corporation by 46.7% in the 2nd quarter. Denver Investment Advisors LLC now owns 461,557 shares of the scientific and technical instruments company’s stock valued at $23,909,000 after buying an additional 146,953 shares during the last quarter. Finally, State Street Corp raised its position in MTS Systems Corporation by 3.7% in the 2nd quarter. State Street Corp now owns 409,067 shares of the scientific and technical instruments company’s stock valued at $21,185,000 after buying an additional 14,686 shares during the last quarter.



Several research analysts have recently commented on MTSC shares. FBR & Co reiterated a “buy” rating on shares of MTS Systems Corporation in a research note on Tuesday, October 10th. B. Riley reiterated a “buy” rating on shares of MTS Systems Corporation in a research note on Wednesday, November 1st. Zacks Investment Research downgraded MTS Systems Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Finally, BidaskClub downgraded MTS Systems Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $61.00.

Shares of MTS Systems Corporation (MTSC) traded up $0.20 during midday trading on Tuesday, reaching $52.40. The company’s stock had a trading volume of 53,100 shares, compared to its average volume of 93,292. The firm has a market cap of $885.08, a PE ratio of 19.55, a PEG ratio of 2.13 and a beta of 1.25. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.06 and a quick ratio of 1.46. MTS Systems Corporation has a 52-week low of $44.65 and a 52-week high of $59.00.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 18th will be issued a $0.30 dividend. The ex-dividend date is Friday, December 15th. This represents a $1.20 annualized dividend and a yield of 2.29%. MTS Systems Corporation’s dividend payout ratio is presently 91.60%.

In other news, insider David Hore bought 5,000 shares of the stock in a transaction on Thursday, August 24th. The stock was acquired at an average price of $47.13 per share, with a total value of $235,650.00. Following the acquisition, the insider now directly owns 20,977 shares in the company, valued at $988,646.01. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider William C. Becker bought 4,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was purchased at an average cost of $46.40 per share, with a total value of $185,600.00. Following the acquisition, the insider now owns 4,000 shares in the company, valued at $185,600. The disclosure for this purchase can be found here. 1.80% of the stock is currently owned by insiders.

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MTS Systems Corporation Profile

MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.

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

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