CTS Ownership
| CTS Stock | USD 46.16 0.48 1.05% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 31.5 M | Current Value 31.2 M | Avarage Shares Outstanding 33.1 M | Quarterly Volatility 3.3 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
CTS |
CTS Stock Ownership Analysis
About 98.0% of the company shares are held by institutions such as insurance companies. The book value of CTS was currently reported as 17.09. The company has Price/Earnings To Growth (PEG) ratio of 2.05. CTS Corporation last dividend was issued on the 27th of March 2024. The entity had 2:1 split on the 13th of August 1999. CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois. Cts Corp operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 3820 people. For more info on CTS Corporation please contact Kieran OSullivan at 630 577 8800 or go to https://www.ctscorp.com.Besides selling stocks to institutional investors, CTS also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different CTS's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align CTS's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
CTS Quarterly Liabilities And Stockholders Equity |
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CTS Insider Trades History
Roughly 2.0% of CTS Corporation are currently held by insiders. Unlike CTS's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against CTS's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of CTS's insider trades
CTS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CTS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CTS Corporation backward and forwards among themselves. CTS's institutional investor refers to the entity that pools money to purchase CTS's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 709.8 K | Gabelli Funds Llc | 2023-12-31 | 559.5 K | London Company Of Virginia | 2023-12-31 | 525.6 K | Wasatch Advisors Lp | 2023-12-31 | 370.3 K | Charles Schwab Investment Management Inc | 2023-12-31 | 351.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 342.7 K | Harvey Partners Llc | 2023-09-30 | 342.2 K | Northern Trust Corp | 2023-12-31 | 336 K | Chartwell Investment Partners, Llc | 2023-12-31 | 303.8 K | Blackrock Inc | 2023-12-31 | 5 M | Vanguard Group Inc | 2023-12-31 | 2.8 M |
CTS Corporation Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CTS insiders, such as employees or executives, is commonly permitted as long as it does not rely on CTS's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CTS insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
O'sullivan Kieran M over two weeks ago Disposition of 2064 shares by Osullivan Kieran M of CTS at 47.0 subject to Rule 16b-3 | ||
O'sullivan Kieran M over a month ago Disposition of 14976 shares by Osullivan Kieran M of CTS at 47.1273 subject to Rule 16b-3 | ||
Thomas White over two months ago Payment of 122 shares by Thomas White of CTS subject to Rule 16b-3 | ||
Stone Randy Lee over three months ago Acquisition by Stone Randy Lee of 3600 shares of CTS subject to Rule 16b-3 | ||
Urban Anthony W over six months ago CTS exotic insider transaction detected | ||
Thomas White over six months ago CTS exotic insider transaction detected | ||
Thomas White over a year ago Payment of 146 shares by Thomas White of CTS subject to Rule 16b-3 |
CTS Corporate Filings
F4 | 15th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 29th of March 2024 Other Reports | ViewVerify | |
10K | 23rd of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 14th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Pair Trading with CTS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CTS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CTS will appreciate offsetting losses from the drop in the long position's value.Moving together with CTS Stock
| 0.73 | CDW | CDW Corp Financial Report 1st of May 2024 | PairCorr |
Moving against CTS Stock
| 0.47 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
| 0.41 | LPL | LG Display Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CTS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CTS Corporation to buy it.
The correlation of CTS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CTS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CTS Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for CTS Stock analysis
When running CTS's price analysis, check to measure CTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
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Is CTS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CTS. If investors know CTS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CTS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Dividend Share 0.16 | Earnings Share 1.92 | Revenue Per Share 17.552 | Quarterly Revenue Growth (0.12) |
The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CTS's market value can be influenced by many factors that don't directly affect CTS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.