New South Capital Management Trimmed Mts Systems (MTSC) Position By $4.44 Million; Credit Suisse Group AG (CS) Covered By 9 Bullish Analysts Last Week

April 17, 2018 - By Clifton Ray

MTS Systems Corporation (NASDAQ:MTSC) Logo

Among 12 analysts covering Credit Suisse Group Ag (NYSE:CS), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. Credit Suisse Group Ag had 24 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Credit Suisse Group AG (NYSE:CS) earned “Neutral” rating by Macquarie Research on Wednesday, November 15. The company was upgraded on Friday, February 17 by Morgan Stanley. The stock of Credit Suisse Group AG (NYSE:CS) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, June 28. The stock has “Hold” rating by Societe Generale on Tuesday, January 9. The firm has “Outperform” rating given on Thursday, November 10 by Keefe Bruyette & Woods. The rating was downgraded by JP Morgan to “Underweight” on Monday, June 27. The stock has “Sell” rating by Barclays Capital on Tuesday, January 16. As per Thursday, February 15, the company rating was upgraded by Societe Generale. The firm has “Overweight” rating by JP Morgan given on Monday, June 26. The rating was upgraded by RBC Capital Markets on Friday, October 6 to “Outperform”. See Credit Suisse Group AG (NYSE:CS) latest ratings:

15/02/2018 Broker: Societe Generale Rating: Buy Upgrade
16/01/2018 Broker: Barclays Capital Rating: Sell Initiate
09/01/2018 Broker: Societe Generale Rating: Hold New Target: $18.5 Downgrade
15/11/2017 Broker: Macquarie Research Old Rating: Underperform New Rating: Neutral Upgrade

New South Capital Management Inc decreased Mts Systems Corp (MTSC) stake by 16.22% reported in 2017Q4 SEC filing. New South Capital Management Inc sold 83,833 shares as Mts Systems Corp (MTSC)’s stock declined 6.07%. The New South Capital Management Inc holds 432,880 shares with $23.25M value, down from 516,713 last quarter. Mts Systems Corp now has $936.12M valuation. The stock increased 0.57% or $0.3 during the last trading session, reaching $52.65. About 6,184 shares traded. MTS Systems Corporation (NASDAQ:MTSC) has declined 2.90% since April 17, 2017 and is downtrending. It has underperformed by 14.45% the S&P500.

Among 4 analysts covering MTS Systems (NASDAQ:MTSC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MTS Systems had 6 analyst reports since June 23, 2016 according to SRatingsIntel. The stock of MTS Systems Corporation (NASDAQ:MTSC) has “Buy” rating given on Thursday, October 13 by Sidoti. The firm has “Market Perform” rating given on Wednesday, August 17 by Wells Fargo. JP Morgan downgraded MTS Systems Corporation (NASDAQ:MTSC) on Friday, February 10 to “Neutral” rating. JP Morgan initiated MTS Systems Corporation (NASDAQ:MTSC) rating on Thursday, June 23. JP Morgan has “Overweight” rating and $54 target.

New South Capital Management Inc increased Dish Network Corp Class A (NASDAQ:DISH) stake by 45,768 shares to 1.21 million valued at $57.94 million in 2017Q4. It also upped Brookfield Asset Mgmt Inc. Cla (NYSE:BAM) stake by 55,969 shares and now owns 1.87M shares. Willis Towers Watson Plc was raised too.

Since March 14, 2018, it had 2 insider purchases, and 0 selling transactions for $320,880 activity. Yu Chun Hung had bought 2,000 shares worth $106,580. $214,300 worth of MTS Systems Corporation (NASDAQ:MTSC) was bought by GRAVES JEFFREY A on Wednesday, March 14.

Investors sentiment decreased to 1.46 in 2017 Q4. Its down 0.05, from 1.51 in 2017Q3. It dropped, as 14 investors sold MTSC shares while 40 reduced holdings. 25 funds opened positions while 54 raised stakes. 17.32 million shares or 0.11% less from 17.34 million shares in 2017Q3 were reported. Naples Global Advsrs Ltd owns 9,272 shares or 0.15% of their US portfolio. Texas Permanent School Fund accumulated 12,016 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in MTS Systems Corporation (NASDAQ:MTSC) or 460 shares. Clearbridge Invs Limited Liability Com reported 0.04% stake. Peak6 Invests Limited Partnership owns 5,675 shares. Ariel Ltd Liability Corp invested 1.02% in MTS Systems Corporation (NASDAQ:MTSC). Riverhead Cap Mgmt Limited Liability Corp invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Lpl Limited Liability Com has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Meyer Handelman holds 5,000 shares or 0.01% of its portfolio. Brandywine Inv Mgmt Ltd Liability Corporation reported 201,718 shares stake. Stratos Wealth Prtnrs Limited reported 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). 1492 Cap Management Limited Liability Company holds 1.35% or 32,239 shares. Public Sector Pension Investment Board invested in 11,207 shares or 0% of the stock. 13,626 are held by American International Gru Inc Inc. Moreover, Sg Mngmt Lc has 1.1% invested in MTS Systems Corporation (NASDAQ:MTSC) for 102,039 shares.

Analysts await MTS Systems Corporation (NASDAQ:MTSC) to report earnings on May, 14. They expect $0.49 EPS, down 26.87% or $0.18 from last year’s $0.67 per share. MTSC’s profit will be $8.71 million for 26.86 P/E if the $0.49 EPS becomes a reality. After $0.41 actual EPS reported by MTS Systems Corporation for the previous quarter, Wall Street now forecasts 19.51% EPS growth.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. The company has market cap of $42.67 billion. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets divisions. It currently has negative earnings. The firm offers advisory and financial solutions, such as structured advisory, investment advisory, discretionary asset management, mergers and acquisitions transactions, corporate sales and restructurings, divestitures, takeover defense strategies, equity and fixed income sales, trading, debt and equity securities, spin-offs, debt and equity underwritings, private placements, and derivative products, as well as proprietary and third-party services and products.

MTS Systems Corporation (NASDAQ:MTSC) Institutional Positions Chart

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