Thomson Horstmann & Bryant Inc. increased its holdings in shares of MTS Systems Co. (NASDAQ:MTSC) by 20.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,177 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,293 shares during the quarter. Thomson Horstmann & Bryant Inc.’s holdings in MTS Systems were worth $1,029,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of MTS Systems during the second quarter worth about $110,000. Crossmark Global Holdings Inc. purchased a new stake in shares of MTS Systems during the third quarter worth about $201,000. Wedbush Securities Inc. purchased a new stake in shares of MTS Systems during the third quarter worth about $214,000. Virtu KCG Holdings LLC purchased a new stake in shares of MTS Systems during the second quarter worth about $220,000. Finally, Virginia Retirement Systems ET AL purchased a new stake in shares of MTS Systems during the third quarter worth about $267,000. Hedge funds and other institutional investors own 97.77% of the company’s stock.

Several analysts recently issued reports on the company. B. Riley reiterated a “buy” rating on shares of MTS Systems in a research report on Wednesday, November 1st. BidaskClub cut MTS Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Zacks Investment Research cut MTS Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Finally, FBR & Co reiterated a “buy” rating on shares of MTS Systems in a research report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. MTS Systems currently has an average rating of “Hold” and an average target price of $65.50.

Shares of MTS Systems Co. (MTSC) opened at $54.10 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.33 and a current ratio of 1.85. MTS Systems Co. has a 1 year low of $44.65 and a 1 year high of $59.00. The stock has a market capitalization of $955.53, a PE ratio of 41.30, a P/E/G ratio of 2.34 and a beta of 1.27.

MTS Systems (NASDAQ:MTSC) last released its earnings results on Monday, November 27th. The scientific and technical instruments company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. The firm had revenue of $201.50 million during the quarter, compared to analysts’ expectations of $195.24 million. MTS Systems had a return on equity of 10.32% and a net margin of 3.18%. The firm’s revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. analysts forecast that MTS Systems Co. will post 2.28 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Monday, December 18th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.22%. The ex-dividend date was Friday, December 15th. MTS Systems’s dividend payout ratio is presently 91.60%.

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About MTS Systems

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 (NASDAQ:MTSC)

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