Dimensional Fund Advisors LP increased its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,634,579 shares of the technology company’s stock after purchasing an additional 50,292 shares during the quarter. Dimensional Fund Advisors LP owned approximately 8.33% of TTM Technologies worth $137,377,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TTMI. Glenmede Trust Co. NA raised its holdings in TTM Technologies by 19.2% during the second quarter. Glenmede Trust Co. NA now owns 2,615,002 shares of the technology company’s stock valued at $46,102,000 after acquiring an additional 420,617 shares during the period. Schwab Charles Investment Management Inc. grew its position in shares of TTM Technologies by 8.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 734,727 shares of the technology company’s stock valued at $12,954,000 after purchasing an additional 55,691 shares in the last quarter. Swiss National Bank grew its position in shares of TTM Technologies by 6.8% during the second quarter. Swiss National Bank now owns 160,400 shares of the technology company’s stock valued at $2,828,000 after purchasing an additional 10,200 shares in the last quarter. Simplex Trading LLC grew its position in shares of TTM Technologies by 22,508.5% during the third quarter. Simplex Trading LLC now owns 21,252 shares of the technology company’s stock valued at $338,000 after purchasing an additional 21,158 shares in the last quarter. Finally, Voya Investment Management LLC grew its position in shares of TTM Technologies by 578.1% during the second quarter. Voya Investment Management LLC now owns 839,659 shares of the technology company’s stock valued at $14,803,000 after purchasing an additional 715,833 shares in the last quarter.

A number of research analysts have recently weighed in on TTMI shares. BidaskClub upgraded TTM Technologies from a “sell” rating to a “hold” rating in a research report on Friday, August 10th. ValuEngine lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. Macquarie started coverage on TTM Technologies in a research report on Monday, October 8th. They set an “outperform” rating for the company. Cross Research lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 31st. Finally, Zacks Investment Research upgraded TTM Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, November 3rd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. TTM Technologies presently has a consensus rating of “Hold” and an average target price of $20.40.

In related news, Director Philip G. Franklin purchased 5,095 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The stock was bought at an average price of $11.76 per share, for a total transaction of $59,917.20. Following the completion of the transaction, the director now owns 79,656 shares in the company, valued at approximately $936,754.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Philip G. Franklin purchased 4,905 shares of the company’s stock in a transaction that occurred on Tuesday, November 20th. The stock was bought at an average price of $11.78 per share, with a total value of $57,780.90. Following the transaction, the director now owns 84,561 shares of the company’s stock, valued at approximately $996,128.58. The disclosure for this purchase can be found here. Company insiders own 10.10% of the company’s stock.

Shares of TTM Technologies stock opened at $11.20 on Thursday. The stock has a market cap of $1.23 billion, a PE ratio of 10.77 and a beta of 2.22. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 1.29. TTM Technologies, Inc. has a twelve month low of $11.15 and a twelve month high of $19.91.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Tuesday, October 30th. The technology company reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.05. The company had revenue of $755.84 million during the quarter, compared to analyst estimates of $750.89 million. TTM Technologies had a return on equity of 15.55% and a net margin of 5.92%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.32 earnings per share. Analysts anticipate that TTM Technologies, Inc. will post 1.13 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Dimensional Fund Advisors LP Buys 50,292 Shares of TTM Technologies, Inc. (TTMI)” was first published by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another website, it was stolen and reposted in violation of U.S. and international copyright law. The legal version of this report can be accessed at https://www.watchlistnews.com/dimensional-fund-advisors-lp-buys-50292-shares-of-ttm-technologies-inc-ttmi/2664386.html.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It operates through two segments, PCB and E-M Solutions. The company offers a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates.

See Also: Stock Symbols Definition, Examples, Lookup

Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMI).

Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.