MTS Systems Corporation (NASDAQ:MTSC) insider Jeffrey A. Graves bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of $48.31 per share, for a total transaction of $48,310.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Jeffrey A. Graves also recently made the following trade(s):

  • On Monday, June 12th, Jeffrey A. Graves sold 1,426 shares of MTS Systems Corporation stock. The stock was sold at an average price of $54.40, for a total transaction of $77,574.40.

Shares of MTS Systems Corporation (NASDAQ MTSC) traded up 2.023% during midday trading on Monday, reaching $49.175. 20,125 shares of the company traded hands. MTS Systems Corporation has a 1-year low of $41.53 and a 1-year high of $59.00. The company has a market capitalization of $833.76 million, a PE ratio of 37.624 and a beta of 1.29. The company has a 50 day moving average price of $51.97 and a 200 day moving average price of $52.76.

MTS Systems Corporation (NASDAQ:MTSC) last issued its quarterly earnings results on Monday, August 7th. The scientific and technical instruments company reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.10. MTS Systems Corporation had a net margin of 3.13% and a return on equity of 12.49%. The business had revenue of $194 million for the quarter, compared to analyst estimates of $193.03 million. During the same quarter in the prior year, the business posted $0.78 EPS. MTS Systems Corporation’s revenue for the quarter was up 23.0% compared to the same quarter last year. On average, analysts expect that MTS Systems Corporation will post $2.14 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, September 18th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.49%. MTS Systems Corporation’s payout ratio is 91.60%.

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A number of hedge funds and other institutional investors have recently modified their holdings of MTSC. Brandywine Global Investment Management LLC raised its position in shares of MTS Systems Corporation by 168.5% in the second quarter. Brandywine Global Investment Management LLC now owns 206,810 shares of the scientific and technical instruments company’s stock worth $10,713,000 after buying an additional 129,799 shares during the last quarter. Voya Investment Management LLC raised its position in shares of MTS Systems Corporation by 10.1% in the second quarter. Voya Investment Management LLC now owns 7,939 shares of the scientific and technical instruments company’s stock worth $411,000 after buying an additional 727 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of MTS Systems Corporation by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 627,954 shares of the scientific and technical instruments company’s stock worth $32,528,000 after buying an additional 30,667 shares during the last quarter. Virtu KCG Holdings LLC bought a new position in shares of MTS Systems Corporation during the second quarter worth about $220,000. Finally, Messner & Smith Theme Value Investment Management Ltd. CA bought a new position in shares of MTS Systems Corporation during the second quarter worth about $2,193,000.

Several equities research analysts recently issued reports on the stock. BidaskClub cut shares of MTS Systems Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Zacks Investment Research cut shares of MTS Systems Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. FBR & Co restated an “outperform” rating on shares of MTS Systems Corporation in a report on Tuesday, July 11th. Finally, TheStreet cut shares of MTS Systems Corporation from a “b-” rating to a “c” rating in a report on Monday, April 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. MTS Systems Corporation presently has a consensus rating of “Hold” and a consensus price target of $55.67.

MTS Systems Corporation Company Profile

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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