The Manufacturers Life Insurance Company boosted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 26.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,608 shares of the technology company’s stock after buying an additional 14,992 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.07% of TTM Technologies worth $1,243,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TTMI. UBS Asset Management Americas Inc. lifted its holdings in TTM Technologies by 42.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 33,449 shares of the technology company’s stock worth $540,000 after buying an additional 9,907 shares in the last quarter. Legal & General Group Plc lifted its holdings in TTM Technologies by 1.2% during the 1st quarter. Legal & General Group Plc now owns 137,560 shares of the technology company’s stock worth $2,217,000 after buying an additional 1,566 shares in the last quarter. Vanguard Group Inc. lifted its holdings in TTM Technologies by 17.4% during the 1st quarter. Vanguard Group Inc. now owns 11,833,440 shares of the technology company’s stock worth $190,873,000 after buying an additional 1,757,393 shares in the last quarter. Geode Capital Management LLC lifted its holdings in TTM Technologies by 4.0% during the 1st quarter. Geode Capital Management LLC now owns 1,174,626 shares of the technology company’s stock worth $18,946,000 after buying an additional 45,418 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in TTM Technologies by 17.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 763,473 shares of the technology company’s stock worth $12,315,000 after buying an additional 114,859 shares in the last quarter.

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TTMI has been the topic of several research reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $17.50 price objective on shares of TTM Technologies in a report on Thursday, September 28th. ValuEngine downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. J P Morgan Chase & Co set a $22.00 price objective on TTM Technologies and gave the stock a “buy” rating in a report on Wednesday, August 16th. BidaskClub downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised TTM Technologies from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $20.50.

In other news, Director Kenton K. Alder sold 3,000 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of $15.67, for a total value of $47,010.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 9,000 shares of company stock worth $133,980. 28.40% of the stock is currently owned by company insiders.

TTM Technologies, Inc. (NASDAQ:TTMI) opened at $16.62 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.21. The firm has a market capitalization of $1,705.41, a price-to-earnings ratio of 13.29 and a beta of 1.55. TTM Technologies, Inc. has a 12 month low of $11.76 and a 12 month high of $19.54.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.32 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.32. The company had revenue of $666.81 million for the quarter, compared to the consensus estimate of $651.67 million. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 EPS. sell-side analysts forecast that TTM Technologies, Inc. will post 1.08 earnings per share for the current year.

TTM Technologies Company Profile

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.

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

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