King Luther Capital Management Lowered Its Franklin Elec (FELE) Position; Mercury Systems Has 1.11 Sentiment

Mercury Systems, Inc. (NASDAQ:MRCY) Logo

Mercury Systems Inc (MRCY) investors sentiment decreased to 1.11 in 2018 Q2. It’s down -0.27, from 1.38 in 2018Q1. The ratio turned negative, as 102 funds started new or increased positions, while 74 sold and decreased their holdings in Mercury Systems Inc. The funds in our database now hold: 49.75 million shares, up from 44.55 million shares in 2018Q1. Also, the number of funds holding Mercury Systems Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 34 Reduced: 40 Increased: 86 New Position: 16.

King Luther Capital Management Corp decreased Franklin Elec Inc (FELE) stake by 2.51% reported in 2018Q2 SEC filing. King Luther Capital Management Corp sold 29,700 shares as Franklin Elec Inc (FELE)’s stock rose 5.04%. The King Luther Capital Management Corp holds 1.15 million shares with $52.03M value, down from 1.18M last quarter. Franklin Elec Inc now has $1.91 billion valuation. The stock decreased 2.62% or $1.1 during the last trading session, reaching $40.81. About 186,333 shares traded or 61.20% up from the average. Franklin Electric Co., Inc. (NASDAQ:FELE) has risen 24.68% since December 8, 2017 and is uptrending. It has outperformed by 9.06% the S&P500. Some Historical FELE News: 23/04/2018 – Franklin Electric Raises Quarter Dividend to 12c Vs. 10.75c; 23/04/2018 – FRANKLIN ELECTRIC CO INC – REPRESENTS AN INCREASE FROM PRIOR QUARTERLY DIVIDEND OF $0.1075 PER SHARE; 03/04/2018 – New Franklin Electric SpecPAK™ Pressure Boosting System Simplifies Multi-Pump Specification & Installation; 01/05/2018 – Franklin Electric Raising 2018 Rev Guidance Due to Strong Start to Year in Water and Fueling Systems Segments, Better Than Expected Sequential Growth in Distribution; 25/05/2018 – New Research Coverage Highlights Franklin Electric Co., ForeScout Technologies, State Bank Financial, Meta Financial Group, Uta; 22/03/2018 Franklin Electric’s New Larger Little Giant® Aeration System Maximizes the Health of Bigger Bodies of Water; 23/04/2018 – FRANKLIN ELECTRIC BOOSTS QTR DIV; 01/05/2018 – Franklin Electric Closes Above 200-Day Moving Average; 01/05/2018 – Franklin Electric Raises 2018 View To EPS $2.27-EPS $2.37 From Previous Guidance of EPS $2.16-EPS $2.28; 23/04/2018 – FRANKLIN ELECTRIC CO FELE.O SETS QUARTERLY CASH DIVIDEND OF $0.12/SHR

Analysts await Mercury Systems, Inc. (NASDAQ:MRCY) to report earnings on January, 22. They expect $0.33 EPS, up 94.12% or $0.16 from last year’s $0.17 per share. MRCY’s profit will be $15.97 million for 36.52 P/E if the $0.33 EPS becomes a reality. After $0.31 actual EPS reported by Mercury Systems, Inc. for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Since January 1, 0001, it had 0 buys, and 9 sales for $4.75 million activity.

The stock decreased 0.23% or $0.11 during the last trading session, reaching $48.21. About 192,145 shares traded. Mercury Systems, Inc. (MRCY) has risen 15.45% since December 8, 2017 and is uptrending. It has underperformed by 0.17% the S&P500. Some Historical MRCY News: 25/04/2018 – $MRCY Mercury Systems had one its worst quarters in recent history. Q3 Sales $116.3m v $126m est, EPS $0.30c v $0.35c est. Guides FY18 EPS of $1.35-$1.38 below street est of $1.39; 25/04/2018 – Mercury Systems Demonstrates Safety-Certifiable Multicore Graphics Rendering Optimized for Next-Generation Army Aviation Mission Displays; 19/03/2018 – Mercury Systems Announces Latest Briefcase-Size Rugged Mini Server; 24/04/2018 – MERCURY SYSTEMS INC MRCY.O SEES FY ADJUSTED SHR ABOUT $1.35 TO $1.38 INCLUDING ITEMS; 24/04/2018 – Mercury Systems 3Q Rev $116.3M; 18/04/2018 – MERCURY SYSTEMS NEW STRONG SELL AT SPRUCE POINT; 05/04/2018 – Mercury Systems Awarded AS9100D Certification at Multiple Sites; 24/04/2018 – MERCURY SYSTEMS INC – FOR FULL FISCAL YEAR 2018, INCLUDING THEMIS COMPUTER, CO CURRENTLY EXPECTS REVENUE OF $487.0 MLN TO $492.0 MLN; 25/04/2018 – $MRCY organic revenue plunges, and the Company revised full yr est to 7%, close to our estimate of 6.5%, but down from near 10%; 24/04/2018 – Mercury Systems Sees 4Q EPS 20c-EPS 23c

Rk Capital Management Llc holds 2.78% of its portfolio in Mercury Systems, Inc. for 330,894 shares. Conestoga Capital Advisors Llc owns 1.13 million shares or 1.39% of their US portfolio. Moreover, Ranger Investment Management L.P. has 1.38% invested in the company for 518,740 shares. The Massachusetts-based Ironwood Investment Management Llc has invested 1.36% in the stock. Cortina Asset Management Llc, a Wisconsin-based fund reported 705,585 shares.

More notable recent Mercury Systems, Inc. (NASDAQ:MRCY) news were published by: Nasdaq.com which released: “Mercury Systems Receives $6.7M Integrated Subsystems Order for Naval Electronic Warfare Application – Nasdaq” on November 20, 2018, also Globenewswire.com with their article: “Mark Aslett Elected to Aerospace Industries Association Executive Committee – GlobeNewswire” published on December 04, 2018, Globenewswire.com published: “Mercury Systems Receives $2.1M Order for BuiltSECURE Memory Devices – GlobeNewswire” on November 28, 2018. More interesting news about Mercury Systems, Inc. (NASDAQ:MRCY) were released by: Nasdaq.com and their article: “Mercury Systems Wins Six Awards in Military & Aerospace Electronics 2018 Innovators Awards Program – Nasdaq” published on November 13, 2018 as well as Globenewswire.com‘s news article titled: “Mercury Systems Wins Contract to Supply Mission Computers for C2 Application – GlobeNewswire” with publication date: November 15, 2018.

Mercury Systems, Inc. provides sensor and safety critical mission processing subsystems for various critical defense and intelligence programs in the United States. The company has market cap of $2.33 billion. The companyÂ’s products and solutions are deployed in approximately 300 programs with 25 defense prime contractors. It has a 75.33 P/E ratio. The Company’s principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, Reaper, F-16 SABR, E2D Hawkeye, and Paveway.

King Luther Capital Management Corp increased Salesforce Com Inc (NYSE:CRM) stake by 3,896 shares to 6,435 valued at $878,000 in 2018Q2. It also upped Nike Inc (NYSE:NKE) stake by 109,975 shares and now owns 763,308 shares. Zions Bancorporation (NASDAQ:ZION) was raised too.

Since August 21, 2018, it had 0 insider purchases, and 3 sales for $340,435 activity. $174,615 worth of Franklin Electric Co., Inc. (NASDAQ:FELE) was sold by Aikman Steven William. Haines John J sold $90,500 worth of stock.

More notable recent Franklin Electric Co., Inc. (NASDAQ:FELE) news were published by: Nasdaq.com which released: “We Did The Math FIW Can Go To $52 – Nasdaq” on December 06, 2018, also Nasdaq.com with their article: “Detailed Research: Economic Perspectives on Liberty Property Trust, Franklin Electric Co., The Progressive, Covenant Transportation Group, Rush Enterprises, and GrubHub — What Drives Growth in Today’s Competitive Landscape – Nasdaq” published on October 30, 2018, Globenewswire.com published: “Franklin Electric Acquires Assets of Midtronics Stationary Power Division – GlobeNewswire” on July 02, 2018. More interesting news about Franklin Electric Co., Inc. (NASDAQ:FELE) were released by: Nasdaq.com and their article: “Franklin Electric (FELE) Q3 Earnings Miss Estimates – Nasdaq” published on October 26, 2018 as well as Globenewswire.com‘s news article titled: “Franklin Electric Acquires Industrias Rotor Pump S.A. – GlobeNewswire” with publication date: July 03, 2018.

Franklin Electric Co., Inc. (NASDAQ:FELE) Institutional Positions Chart

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