Sparton Corporation (NYSE:SPA) has analysts on the Bullish side this week.

February 15, 2018 - By Ellis Scott

 Sparton Corporation (NYSE:SPA) has analysts on the Bullish side this week.
Investors sentiment decreased to 1.32 in Q3 2017. Its down 0.18, from 1.5 in 2017Q2. It worsened, as 15 investors sold Sparton Corporation shares while 19 reduced holdings. 23 funds opened positions while 22 raised stakes. 6.38 million shares or 1.34% less from 6.46 million shares in 2017Q2 were reported.
Ameritas Inv Prns Incorporated owns 882 shares for 0% of their portfolio. Strs Ohio has 0% invested in Sparton Corporation (NYSE:SPA). The Texas-based Bridgeway Cap has invested 0.01% in Sparton Corporation (NYSE:SPA). Royal Bank & Trust Of Canada reported 30,215 shares. Beddow Cap Inc stated it has 441,550 shares. Gardner Lewis Asset Mgmt L P holds 0.58% or 390,329 shares. Invesco Limited invested 0% in Sparton Corporation (NYSE:SPA). Bancorp Of America De invested in 449 shares or 0% of the stock. Gabelli Investment Advisers accumulated 124,169 shares. D E Shaw holds 0% of its portfolio in Sparton Corporation (NYSE:SPA) for 36,830 shares. Dupont has 0.03% invested in Sparton Corporation (NYSE:SPA) for 56,000 shares. 30,726 are held by Citadel Limited Com. Grp One Trading Ltd Partnership holds 0% or 799 shares in its portfolio. Barclays Public Ltd Company reported 33,381 shares. Virtu Fincl Lc holds 10,454 shares or 0% of its portfolio.

Sparton Corporation (NYSE:SPA) Ratings Coverage

Among 3 analysts covering Sparton Corp (NYSE:SPA), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Sparton Corp had 4 analyst reports since October 5, 2015 according to SRatingsIntel. The company was upgraded on Thursday, February 4 by B. Riley & Co. The firm has “Buy” rating given on Monday, October 5 by Sidoti. The stock has “Neutral” rating by Sidoti on Wednesday, May 4. As per Tuesday, September 20, the company rating was downgraded by CJS Securities. Below is a list of Sparton Corporation (NYSE:SPA) latest ratings and price target changes.

The stock increased 0.04% or $0.01 during the last trading session, reaching $22.83. About 3,898 shares traded. Sparton Corporation (NYSE:SPA) has declined 7.28% since February 15, 2017 and is downtrending. It has underperformed by 23.98% the S&P500.

Sparton Corporation, together with its subsidiaries, provides design, development, and manufacturing services for electromechanical devices; and engineered products in electromechanical value stream worldwide. The company has market cap of $224.53 million. The firm operates through two divisions, Manufacturing & Design Services , and Engineered Components & Products (ECP). It currently has negative earnings. The MDS segment is involved in the contract design, manufacture, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses, as well as development of embedded software and software quality assurance services in connection with medical devices and diagnostic equipment.

More notable recent Sparton Corporation (NYSE:SPA) news were published by: Fool.com which released: “Time to Sell Sparton Corporation? Investors Think So — and So Does Management” on May 11, 2017, also Businesswire.com with their article: “Sparton Corporation Shareholders Approve Merger with Ultra Electronics” published on October 05, 2017, Businesswire.com published: “Ultra Electronics USSI and Sparton Corporation Joint Venture for Sonobuoy Tech …” on July 25, 2017. More interesting news about Sparton Corporation (NYSE:SPA) were released by: Dailyherald.com and their article: “UK firm acquires Sparton Corp. for $235 million” published on July 07, 2017 as well as Seekingalpha.com‘s news article titled: “Sparton finalized deal to be acquired by Ultra Electronics” with publication date: July 07, 2017.

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