Minerals Technologies INC (MTX) Market Value Declined While New Amsterdam Partners LLC Has Upped Holding

August 11, 2017 - By Marie Mckinney

Investors sentiment decreased to 0.96 in 2016 Q4. Its down 0.22, from 1.18 in 2016Q3. It is negative, as 12 investors sold MTX shares while 86 reduced holdings. 27 funds opened positions while 67 raised stakes. 32.77 million shares or 0.24% less from 32.85 million shares in 2016Q3 were reported. Moreover, Credit Agricole S A has 0.02% invested in Minerals Technologies Inc (NYSE:MTX) for 86,487 shares. 8,340 were accumulated by Cornercap Invest Counsel. Retirement Sys Of Alabama holds 0.02% in Minerals Technologies Inc (NYSE:MTX) or 45,113 shares. Moreover, Profund Advsr Lc has 0.03% invested in Minerals Technologies Inc (NYSE:MTX). Credit Suisse Ag owns 44,310 shares. American National Registered Invest Advisor invested in 6,585 shares or 0.23% of the stock. Blackrock Institutional Tru Na holds 0.01% or 1.04 million shares. Everett Harris Ca reported 6,400 shares or 0.02% of all its holdings. Lord Abbett & Commerce Limited Liability Company, a New Jersey-based fund reported 791,395 shares. Neuberger Berman Grp Inc Ltd holds 0.02% or 156,243 shares. 2,804 were reported by Sg Americas Ltd Company. Oppenheimer And invested in 3,475 shares or 0.01% of the stock. Denver Advsrs Limited Liability Co invested in 310,867 shares. Bailard holds 50,541 shares. Price T Rowe Md accumulated 2.75M shares.

Since February 15, 2017, it had 0 buys, and 1 sale for $62,474 activity. The insider MAYGER DOUGLAS W sold 790 shares worth $62,474.

New Amsterdam Partners Llc increased its stake in Minerals Technologies Inc (MTX) by 50.51% based on its latest 2016Q4 regulatory filing with the SEC. New Amsterdam Partners Llc bought 45,116 shares as the company’s stock declined 8.37% while stock markets rallied. The institutional investor held 134,443 shares of the major chemicals company at the end of 2016Q4, valued at $10.39 million, up from 89,327 at the end of the previous reported quarter. New Amsterdam Partners Llc who had been investing in Minerals Technologies Inc for a number of months, seems to be bullish on the $2.25 billion market cap company. The stock declined 0.08% or $0.05 reaching $64.1 on the news. About 92,825 shares traded. Minerals Technologies Inc (NYSE:MTX) has risen 31.01% since August 11, 2016 and is uptrending. It has outperformed by 14.31% the S&P500.

New Amsterdam Partners Llc, which manages about $440.24M US Long portfolio, decreased its stake in Cbre Group Inc Cl A (NYSE:CBG) by 111,660 shares to 78,512 shares, valued at $2.47 million in 2016Q4, according to the filing. It also reduced its holding in Neustar Inc Cl A (NYSE:NSR) by 202,477 shares in the quarter, leaving it with 139,007 shares, and cut its stake in Reinsurance Group Amer Inc (NYSE:RGA).

More important recent Minerals Technologies Inc (NYSE:MTX) news were published by: Seekingalpha.com which released: “Minerals Technologies’ (MTX) CEO Doug Dietrich on Q1 2017 Results – Earnings …” on May 05, 2017, also Nasdaq.com published article titled: “Minerals Technologies Inc. Elects Carolyn K. Pittman to Its Board of Directors”, Seekingalpha.com published: “Minerals Technologies’ (MTX) CEO Doug Dietrich on Q2 2017 Results – Earnings …” on August 04, 2017. More interesting news about Minerals Technologies Inc (NYSE:MTX) was released by: Globenewswire.com and their article: “Matthew E. Garth Joins Minerals Technologies Inc. as Chief Financial Officer” with publication date: January 23, 2017.

Minerals Technologies Inc (NYSE:MTX) Ratings Coverage

Among 3 analysts covering Minerals Technologies (NYSE:MTX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Minerals Technologies had 7 analyst reports since August 31, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded Minerals Technologies Inc (NYSE:MTX) on Tuesday, October 13 to “Overweight” rating. JP Morgan upgraded the stock to “Overweight” rating in Friday, March 24 report. The stock of Minerals Technologies Inc (NYSE:MTX) has “Neutral” rating given on Friday, December 2 by JP Morgan. KeyBanc Capital Markets downgraded Minerals Technologies Inc (NYSE:MTX) on Monday, September 19 to “Sector Weight” rating. The stock of Minerals Technologies Inc (NYSE:MTX) earned “Outperform” rating by Wedbush on Monday, August 31. Wedbush downgraded Minerals Technologies Inc (NYSE:MTX) on Thursday, May 12 to “Neutral” rating. The stock of Minerals Technologies Inc (NYSE:MTX) earned “Outperform” rating by Wedbush on Tuesday, December 29.

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