Out of 4 analysts covering DTS (NASDAQ:DTSI), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. DTS has been the topic of 5 analyst reports since November 10, 2015 according to StockzIntelligence Inc. Barrington Research maintained the stock on August 11 with “Outperform” rating. Below is a list of DTS Inc. (NASDAQ:DTSI) latest ratings and price target changes.
11/08/2016 Broker: Barrington Research Rating: Outperform Old Target: $29.00 New Target: $40.00 Maintain
09/08/2016 Broker: JP Morgan Rating: Neutral Old Target: $26.00 New Target: $29.00 Maintain
The stock decreased 1.16% or $0.39 on September 13, hitting $33.09. About 45,176 shares traded hands. DTS Inc. (NASDAQ:DTSI) has risen 54.57% since February 8, 2016 and is uptrending. It has outperformed by 38.08% the S&P500.
DTS, Inc. is an audio technology solutions well-known provider for high-definition entertainment experiences. The company has a market cap of $593.07 million. The Company’s audio solutions are designed to enable recording, delivery and playback of high-definition audio, and are included by licensee clients around the world into a range of consumer electronics devices, including televisions, personal computers , smartphones, tablets, digital media players (DMPs), set-top-boxes, soundbars, wireless speakers, video game consoles, Blu-ray Disc players, automotive audio systems, audio/video receivers (AVRs), digital versatile disc (DVD) products and home theater systems. It currently has negative earnings. In the wireless speakers market, the Company maintains a Play-Fi Certified original design maker (ODM) Program.
The institutional sentiment decreased to 1.13 in Q2 2016. Its down 0.01, from 1.14 in 2016Q1. The ratio fall, as 10 funds sold all DTS Inc. shares owned while 30 reduced positions. 12 funds bought stakes while 33 increased positions. They now own 17.50 million shares or 0.78% more from 17.37 million shares in 2016Q1.
Trigran Investments Inc. holds 13.01% of its portfolio in DTS Inc. for 1.87 million shares. Lapides Asset Management Llc owns 443,700 shares or 2.17% of their US portfolio. Moreover, Hawk Ridge Capital Management Lp has 1.56% invested in the company for 97,595 shares. The Maryland-based Brown Capital Management Llc has invested 1.43% in the stock. Smith Graham & Co. Investment Advisors Lp, a Texas-based fund reported 231,096 shares.
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