Guyasuta Investment Advisors Inc. boosted its holdings in shares of MTS Systems Corporation (NASDAQ:MTSC) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,135 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,390 shares during the quarter. Guyasuta Investment Advisors Inc. owned approximately 0.13% of MTS Systems Corporation worth $1,183,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Fuller & Thaler Asset Management Inc. increased its holdings in MTS Systems Corporation by 1.4% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,431,683 shares of the scientific and technical instruments company’s stock worth $76,523,000 after purchasing an additional 20,384 shares during the last quarter. SG Americas Securities LLC increased its holdings in MTS Systems Corporation by 245.7% during the 3rd quarter. SG Americas Securities LLC now owns 7,312 shares of the scientific and technical instruments company’s stock worth $391,000 after purchasing an additional 5,197 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in MTS Systems Corporation by 43.2% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 8,090 shares of the scientific and technical instruments company’s stock worth $432,000 after purchasing an additional 2,440 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in shares of MTS Systems Corporation by 48.7% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 9,466 shares of the scientific and technical instruments company’s stock worth $506,000 after acquiring an additional 3,102 shares in the last quarter. Finally, Wedbush Securities Inc. acquired a new position in shares of MTS Systems Corporation in the 3rd quarter worth approximately $214,000.

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

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MTS Systems Corporation (NASDAQ:MTSC) opened at $54.55 on Friday. The company has a market capitalization of $924.93, a P/E ratio of 20.43, a PEG ratio of 2.22 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 12-month low of $44.65 and a 12-month high of $59.00.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 18th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, December 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.20%. MTS Systems Corporation’s dividend payout ratio is currently 91.60%.

About MTS Systems Corporation

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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