New York State Teachers Retirement System lessened its position in CTS Co. (NYSE:CTS) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 102,954 shares of the electronics maker’s stock after selling 2,848 shares during the period. New York State Teachers Retirement System owned about 0.31% of CTS worth $3,706,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Aperio Group LLC acquired a new stake in shares of CTS in the 2nd quarter valued at $247,000. Piedmont Investment Advisors LLC acquired a new stake in shares of CTS in the 2nd quarter valued at $277,000. Barclays PLC boosted its stake in shares of CTS by 73.2% in the 1st quarter. Barclays PLC now owns 10,655 shares of the electronics maker’s stock valued at $290,000 after purchasing an additional 4,503 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of CTS in the 2nd quarter valued at $301,000. Finally, KBC Group NV boosted its stake in shares of CTS by 224.4% in the 1st quarter. KBC Group NV now owns 13,649 shares of the electronics maker’s stock valued at $371,000 after purchasing an additional 9,442 shares in the last quarter. Institutional investors own 95.42% of the company’s stock.

Shares of NYSE:CTS opened at $34.60 on Friday. CTS Co. has a 52 week low of $21.55 and a 52 week high of $39.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.81 and a current ratio of 2.21. The firm has a market capitalization of $1.17 billion, a PE ratio of 28.05 and a beta of 1.23.

CTS (NYSE:CTS) last issued its quarterly earnings results on Thursday, July 26th. The electronics maker reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The business had revenue of $118.02 million for the quarter, compared to the consensus estimate of $113.51 million. CTS had a net margin of 3.29% and a return on equity of 13.57%. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 EPS. sell-side analysts forecast that CTS Co. will post 1.45 EPS for the current year.

About CTS

CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace, defense, communications, industrial, information technology, medical, and transportation markets. The company offers sensors and actuators used in passenger or consumer vehicles; electronic components used in communications infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets.

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Institutional Ownership by Quarter for CTS (NYSE:CTS)

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