Algert Global LLC acquired a new position in Computer Task Group, Incorporated (NASDAQ:CTG) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 25,190 shares of the information technology services provider’s stock, valued at approximately $141,000.

Several other large investors have also made changes to their positions in the company. Renaissance Technologies LLC increased its position in shares of Computer Task Group, by 3.9% in the first quarter. Renaissance Technologies LLC now owns 428,000 shares of the information technology services provider’s stock valued at $2,363,000 after buying an additional 16,000 shares during the last quarter. First Wilshire Securities Management Inc. increased its position in shares of Computer Task Group, by 297.9% in the first quarter. First Wilshire Securities Management Inc. now owns 166,857 shares of the information technology services provider’s stock valued at $921,000 after buying an additional 124,925 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its position in shares of Computer Task Group, by 30.1% in the first quarter. Pacific Ridge Capital Partners LLC now owns 102,690 shares of the information technology services provider’s stock valued at $567,000 after buying an additional 23,750 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Computer Task Group, by 93.4% in the first quarter. Goldman Sachs Group Inc. now owns 80,160 shares of the information technology services provider’s stock valued at $442,000 after buying an additional 38,719 shares during the last quarter. Finally, Perkins Capital Management Inc. purchased a new position in shares of Computer Task Group, during the second quarter valued at approximately $245,000. Hedge funds and other institutional investors own 47.57% of the company’s stock.

Computer Task Group, Incorporated (NASDAQ CTG) opened at 5.05 on Friday. The company has a 50 day moving average of $5.57 and a 200 day moving average of $5.50. Computer Task Group, Incorporated has a 52 week low of $3.87 and a 52 week high of $6.33. The stock’s market capitalization is $79.28 million.

Computer Task Group, (NASDAQ:CTG) last issued its quarterly earnings results on Tuesday, July 25th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $75.50 million during the quarter, compared to the consensus estimate of $78.05 million. Computer Task Group, had a positive return on equity of 4.27% and a negative net margin of 4.50%. Computer Task Group,’s revenue was down 9.6% on a year-over-year basis. During the same period last year, the company earned $0.05 earnings per share. Equities analysts expect that Computer Task Group, Incorporated will post $0.24 EPS for the current fiscal year.

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CTG has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Computer Task Group, from a “buy” rating to a “hold” rating in a research note on Tuesday, April 25th. B. Riley reaffirmed a “buy” rating and issued a $7.00 target price on shares of Computer Task Group, in a research note on Thursday, April 20th.

Computer Task Group, Company Profile

Computer Task Group, Incorporated (CTG) is an information technology (IT) solutions and staffing services company. The Company primarily operates in the segment of providing IT services to its clients. The Company has operations in North America and Europe. The Company is engaged in providing IT services, including IT Solutions, and IT and other Staffing.

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Institutional Ownership by Quarter for Computer Task Group, (NASDAQ:CTG)

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