Anti-Materion Corp Institutional Investors Sentiment Runs Low in 2017 Q4

May 17, 2018 - By James Guidry

Materion Corporation (NYSE:MTRN) Logo

Sentiment for Materion Corp (NYSE:MTRN)

Materion Corp (NYSE:MTRN) institutional sentiment decreased to 1.04 in 2017 Q4. Its down -0.14, from 1.18 in 2017Q3. The ratio fall, as 73 investment professionals started new and increased stock positions, while 70 cut down and sold holdings in Materion Corp. The investment professionals in our partner’s database now own: 17.68 million shares, down from 17.77 million shares in 2017Q3. Also, the number of investment professionals holding Materion Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 14 Reduced: 56 Increased: 40 New Position: 33.

Materion Corporation manufactures and sells advanced engineered materials used in consumer electronics, industrial components, defense, medical, automotive electronics, telecommunications infrastructure, energy, commercial aerospace, science, services, and appliance markets worldwide. The company has market cap of $1.14 billion. The firm operates through four divisions: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. It has a 100.54 P/E ratio. The Performance Alloys and Composites segment provides strip products, including thin gauge precision strips, and small diameter rod and wire; copper, nickel, and beryllium alloys manufactured in plate, rod, bar, tube, and other customized forms; beryllium hydroxide; and beryllium products, such as beryllium and aluminum metal matrix composites, beryllia ceramics, and bulk metallic glass materials.

The stock increased 0.18% or $0.1 during the last trading session, reaching $56.3. About 76,781 shares traded. Materion Corporation (NYSE:MTRN) has risen 59.03% since May 17, 2017 and is uptrending. It has outperformed by 47.48% the S&P500.

Analysts await Materion Corporation (NYSE:MTRN) to report earnings on July, 26. They expect $0.51 EPS, up 21.43 % or $0.09 from last year’s $0.42 per share. MTRN’s profit will be $10.30M for 27.60 P/E if the $0.51 EPS becomes a reality. After $0.51 actual EPS reported by Materion Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Ack Asset Management Llc holds 3.38% of its portfolio in Materion Corporation for 310,000 shares. Walthausen & Co. Llc owns 243,886 shares or 1.12% of their US portfolio. Moreover, Phocas Financial Corp. has 1.08% invested in the company for 264,331 shares. The Illinois-based Skyline Asset Management Lp has invested 0.89% in the stock. Teton Advisors Inc., a New York-based fund reported 175,800 shares.

Since January 1, 0001, it had 0 insider buys, and 5 insider sales for $1.48 million activity.

More news for Materion Corporation (NYSE:MTRN) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Lincoln Electric, Cytosorbents, Materion, Fortune Brands Home & Security …” on May 04, 2018. Seekingalpha.com‘s article titled: “Materion’s (MTRN) CEO Jugal Vijayvargiya on Q1 2018 Results – Earnings Call Transcript” and published on April 29, 2018 is yet another important article.

Materion Corporation (NYSE:MTRN) Institutional Positions Chart

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