MTS Systems (MTSC) At $47.55 Forms Bottom; Special Opportunities Fund Has 1.63 Sentiment

MTS Systems Corporation (MTSC) formed multiple bottom with $43.27 target or 9.00% below today’s $47.55 share price. MTS Systems Corporation (MTSC) has $845.44M valuation. The stock decreased 0.52% or $0.25 during the last trading session, reaching $47.55. About 74 shares traded. MTS Systems Corporation (NASDAQ:MTSC) has risen 15.65% since February 13, 2017 and is uptrending. It has underperformed by 1.05% the S&P500.

Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. The company has market cap of $126.73 million. It invests in close-ended funds investing in public equity and fixed income markets. It currently has negative earnings. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.

It closed at $14.9 lastly. It is down 13.45% since February 13, 2017 and is uptrending. It has underperformed by 3.25% the S&P500.

Shaker Financial Services Llc holds 3.25% of its portfolio in Special Opportunities Fund, Inc for 386,999 shares. Blue Bell Private Wealth Management Llc owns 249,306 shares or 1.89% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 0.43% invested in the company for 61,204 shares. The Us-based Ancora Advisors Llc has invested 0.27% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 449,200 shares.

Analysts await MTS Systems Corporation (NASDAQ:MTSC) to report earnings on April, 9. They expect $0.40 earnings per share, down 27.27% or $0.15 from last year’s $0.55 per share. MTSC’s profit will be $7.11M for 29.72 P/E if the $0.40 EPS becomes a reality. After $0.44 actual earnings per share reported by MTS Systems Corporation for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Investors sentiment decreased to 1.51 in 2017 Q3. Its down 0.05, from 1.56 in 2017Q2. It worsened, as 14 investors sold MTS Systems Corporation shares while 35 reduced holdings. 17 funds opened positions while 57 raised stakes. 17.34 million shares or 0.75% more from 17.21 million shares in 2017Q2 were reported. Deprince Race And Zollo Inc invested in 104,697 shares or 0.13% of the stock. Nationwide Fund Advisors holds 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC) for 9,836 shares. Sg Americas Secs Ltd Liability Com, a New York-based fund reported 7,312 shares. New York State Teachers Retirement Systems owns 37,594 shares. Bnp Paribas Arbitrage has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Ftb has invested 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). Fernwood Investment Management Limited Liability accumulated 3,900 shares. Naples Global Advsrs, a Florida-based fund reported 11,222 shares. Pub Sector Pension Inv Board has invested 0% in MTS Systems Corporation (NASDAQ:MTSC). Victory Mgmt has 0% invested in MTS Systems Corporation (NASDAQ:MTSC) for 12,821 shares. State Common Retirement Fund has invested 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). State Street has invested 0% of its portfolio in MTS Systems Corporation (NASDAQ:MTSC). Jpmorgan Chase, New York-based fund reported 164,811 shares. New South Management has 0.66% invested in MTS Systems Corporation (NASDAQ:MTSC) for 516,713 shares. California State Teachers Retirement Systems holds 0% in MTS Systems Corporation (NASDAQ:MTSC) or 26,898 shares.

Among 4 analysts covering MTS Systems (NASDAQ:MTSC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MTS Systems has $70.0 highest and $54 lowest target. $62’s average target is 30.39% above currents $47.55 stock price. MTS Systems had 6 analyst reports since June 23, 2016 according to SRatingsIntel. The firm has “Buy” rating by Sidoti given on Thursday, October 13. Wells Fargo initiated the shares of MTSC in report on Wednesday, August 17 with “Market Perform” rating. JP Morgan initiated the shares of MTSC in report on Thursday, June 23 with “Overweight” rating. The firm earned “Neutral” rating on Friday, February 10 by JP Morgan.