Livforsakringsbolaget Skandia Omsesidigt trimmed its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 159,000 shares of the technology company’s stock after selling 10,400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in TTM Technologies were worth $2,492,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in TTMI. Principal Financial Group Inc. raised its stake in shares of TTM Technologies by 9.5% in the second quarter. Principal Financial Group Inc. now owns 755,442 shares of the technology company’s stock worth $13,115,000 after purchasing an additional 65,239 shares during the last quarter. Swiss National Bank grew its holdings in TTM Technologies by 7.4% during the second quarter. Swiss National Bank now owns 142,100 shares of the technology company’s stock worth $2,467,000 after acquiring an additional 9,800 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its holdings in TTM Technologies by 215.8% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 35,928 shares of the technology company’s stock worth $624,000 after acquiring an additional 24,550 shares during the period. Alliancebernstein L.P. grew its holdings in TTM Technologies by 10.6% during the second quarter. Alliancebernstein L.P. now owns 256,131 shares of the technology company’s stock worth $4,446,000 after acquiring an additional 24,490 shares during the period. Finally, Riverhead Capital Management LLC grew its holdings in TTM Technologies by 71.5% during the second quarter. Riverhead Capital Management LLC now owns 6,860 shares of the technology company’s stock worth $119,000 after acquiring an additional 2,860 shares during the period.

Shares of TTM Technologies, Inc. (NASDAQ TTMI) opened at $17.49 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.21. TTM Technologies, Inc. has a 1-year low of $12.76 and a 1-year high of $19.54. The company has a market capitalization of $1,780.00, a P/E ratio of 29.15 and a beta of 1.55.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.32 EPS for the quarter, meeting the consensus estimate of $0.32. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The company had revenue of $666.81 million for the quarter, compared to analyst estimates of $651.67 million. During the same period last year, the company earned $0.39 earnings per share. TTM Technologies’s quarterly revenue was up 3.9% compared to the same quarter last year. equities research analysts anticipate that TTM Technologies, Inc. will post 1.08 EPS for the current year.

In other TTM Technologies news, Director Kenton K. Alder sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $16.10, for a total value of $48,300.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 28.40% of the stock is currently owned by company insiders.

Several research firms recently commented on TTMI. BidaskClub raised TTM Technologies from a “hold” rating to a “buy” rating in a report on Thursday. Zacks Investment Research raised TTM Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 8th. Stifel Nicolaus reaffirmed a “buy” rating and set a $17.50 target price on shares of TTM Technologies in a report on Wednesday, November 1st. Finally, SunTrust Banks began coverage on TTM Technologies in a report on Thursday, December 14th. They set a “buy” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. TTM Technologies has an average rating of “Buy” and a consensus price target of $20.38.

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TTM Technologies Company Profile

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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