T. Rowe Price Increase Stake in CTS Corp (CTS) to Over 10%

Investing

Published: November 11, 2022 3:45 am

Last Updated: November 11, 2022 12:51 pm

T. Rowe Price Investment Management, Inc. has filed a 13G form with the SEC disclosing ownership of 3,204,758 shares of CTS Corporation (CTS). This represents 10.1% of the company.

In its prior filing, the firm reported owning 3,091,021 shares, representing an increase of 1.89%. The firm increased its portfolio allocation in CTS by 23.05% over the last quarter.

What are other large shareholders doing?

BlackRock Inc. holds 5,137,066 shares representing 16.11% ownership of the company. In it’s prior filing, the firm reported owning 5,183,860 shares, representing a decrease of 0.91%. The firm increased its portfolio allocation in CTS by 13.69% over the last quarter.

Vanguard Group Inc holds 2,280,062 shares representing 7.15% ownership of the company. In it’s prior filing, the firm reported owning 2,203,937 shares, representing an increase of 3.34%. The firm increased its portfolio allocation in CTS by 18.46% over the last quarter.

IJR – iShares Core S&P Small-Cap ETF holds 2,240,642 shares representing 7.03% ownership of the company. In it’s prior filing, the firm reported owning 2,303,814 shares, representing a decrease of 2.82%. The firm increased its portfolio allocation in CTS by 12.74% over the last quarter.

Wellington Management Group Llp holds 1,589,234 shares representing 4.99% ownership of the company. In it’s prior filing, the firm reported owning 1,612,463 shares, representing a decrease of 1.46%. The firm increased its portfolio allocation in CTS by 11.69% over the last quarter.

What is the overall institutional sentiment?

There are 527 funds or institutions reporting positions in CTS Corporation. This is an increase of 33 owner(s) or 6.68%.

Average portfolio weight of all funds dedicated to CTS Corporation is 0.1325%, an increase of 6.4733%. Total shares owned by institutions decreased in the last three months by 0.94% to 37,215,321 shares.

Based on this information, institutional sentiment is bullish.

This article originally appeared on Fintel

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.