1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership increased its holdings in TTM Technologies, Inc. ( NASDAQ:TTMI – Free Report ) by 1,327.2% in the 4th quarter, according to its most recent disclosure with the SEC.
The firm owned 308,423 shares of the technology company’s stock after acquiring an additional 286,813 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in TTM Technologies were worth $7,633,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTMI.
Pictet Asset Management Holding SA grew its holdings in shares of TTM Technologies by 8.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 11,652 shares of the technology company’s stock worth $288,000 after purchasing an additional 940 shares during the period.
Norges Bank purchased a new position in TTM Technologies during the fourth quarter worth about $8,610,000. Loomis Sayles & Co. L P increased its position in shares of TTM Technologies by 5.
1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,312,770 shares of the technology company’s stock valued at $32,491,000 after acquiring an additional 63,230 shares during the last quarter.
JPMorgan Chase & Co. raised its stake in shares of TTM Technologies by 20.9% in the 4th quarter.
JPMorgan Chase & Co. now owns 977,154 shares of the technology company’s stock valued at $24,185,000 after acquiring an additional 169,004 shares during the period. Finally, Mitsubishi UFJ Asset Management Co.
Ltd. lifted its holdings in shares of TTM Technologies by 1.6% in the 4th quarter.
Mitsubishi UFJ Asset Management Co. Ltd. now owns 61,822 shares of the technology company’s stock worth $1,542,000 after acquiring an additional 1,002 shares during the last quarter.
Institutional investors and hedge funds own 95.79% of the company’s stock. Analyst Ratings Changes A number of analysts have issued reports on TTMI shares.
Needham & Company LLC reissued a “buy” rating and issued a $33.00 target price on shares of TTM Technologies in a research report on Friday, March 21st. Stifel Nicolaus started coverage on TTM Technologies in a research note on Tuesday, February 11th.
They issued a “buy” rating and a $33.00 price objective for the company. Insiders Place Their Bets In other TTM Technologies news, EVP Catherine A.
Gridley sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $26.25, for a total transaction of $157,500.
00. Following the completion of the transaction, the executive vice president now owns 125,206 shares in the company, valued at $3,286,657.50.
The trade was a 4.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link .
Also, COO Philip Titterton sold 24,792 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $25.56, for a total transaction of $633,683.
52. Following the completion of the sale, the chief operating officer now owns 157,528 shares in the company, valued at $4,026,415.68.
The trade was a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold a total of 50,817 shares of company stock worth $1,316,006 in the last quarter. 1.30% of the stock is owned by company insiders.
TTM Technologies Trading Down 5.3 % Shares of TTMI stock opened at $17.78 on Monday.
TTM Technologies, Inc. has a fifty-two week low of $13.43 and a fifty-two week high of $30.
41. The company has a 50 day moving average price of $23.50 and a 200 day moving average price of $23.
07. The stock has a market capitalization of $1.81 billion, a P/E ratio of 32.
93 and a beta of 1.17. The company has a debt-to-equity ratio of 0.
58, a quick ratio of 1.71 and a current ratio of 1.99.
TTM Technologies ( NASDAQ:TTMI – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.
47 by $0.05. TTM Technologies had a net margin of 2.
30% and a return on equity of 9.74%. Equities research analysts predict that TTM Technologies, Inc.
will post 1.76 EPS for the current fiscal year. TTM Technologies Profile ( Free Report ) TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide.
The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs. See Also Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TTM Technologies, Inc. ( NASDAQ:TTMI – Free Report ). Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.
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