Institutional Investors Positive on CTS Corp (NYSE:CTS)

April 17, 2018 - By Robert Crowder

Sentiment for CTS Corp (NYSE:CTS)

CTS Corp (NYSE:CTS) institutional sentiment increased to 1.43 in 2017 Q4. Its up 0.28, from 1.15 in 2017Q3. The ratio is positive, as 60 investment professionals increased and opened new positions, while 42 sold and reduced their stock positions in CTS Corp. The investment professionals in our partner’s database now possess: 31.05 million shares, up from 30.81 million shares in 2017Q3. Also, the number of investment professionals holding CTS Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 35 Increased: 38 New Position: 22.

CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets. The company has market cap of $983.93 million. It offers sensors and actuators used in passenger or consumer vehicles; electronic components used in infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets. It has a 69.3 P/E ratio. The firm also creates and develops sensing technology for radio frequency measurement and control systems.

The stock increased 1.02% or $0.3 during the last trading session, reaching $29.8. About 19,679 shares traded. CTS Corporation (NYSE:CTS) has risen 22.37% since April 17, 2017 and is uptrending. It has outperformed by 10.82% the S&P500.

Analysts await CTS Corporation (NYSE:CTS) to report earnings on April, 26. They expect $0.30 EPS, up 15.38 % or $0.04 from last year’s $0.26 per share. CTS’s profit will be $9.91M for 24.83 P/E if the $0.30 EPS becomes a reality. After $0.39 actual EPS reported by CTS Corporation for the previous quarter, Wall Street now forecasts -23.08 % negative EPS growth.

Cardinal Capital Management Llc Ct holds 1.11% of its portfolio in CTS Corporation for 1.10 million shares. Teton Advisors Inc. owns 343,500 shares or 0.81% of their US portfolio. Moreover, Adirondack Research & Management Inc. has 0.64% invested in the company for 63,786 shares. The New York-based Gamco Investors Inc. Et Al has invested 0.37% in the stock. Arrowmark Colorado Holdings Llc, a Colorado-based fund reported 998,581 shares.#img1#

CTS Corporation (NYSE:CTS) Institutional Positions Chart

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