Should You Continue to Hold Minerals Technologies (MTX)? – Yahoo Finance
Chartwell Investment Partners, an affiliate of Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Small Cap Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund outperformed in the quarter relative to its benchmark Russell 2000 Value Index. Among the sectors, Financial Services, Healthcare, and Energy were the strongest, and the interest-sensitive REITs and Utilities sectors were the weakest performers in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.
Carillon Tower Advisers highlighted stocks like Minerals Technologies Inc. (NYSE:MTX) in its Q3 2022 investor letter. Headquartered in New York, New York, Minerals Technologies Inc. (NYSE:MTX) is a mineral and mineral based products developer. On December 30, 2022, Minerals Technologies Inc. (NYSE:MTX) stock closed at $60.72 per share. One-month return of Minerals Technologies Inc. (NYSE:MTX) was -3.17%, and its shares lost 16.99% of their value over the last 52 weeks. Minerals Technologies Inc. (NYSE:MTX) has a market capitalization of $1.97 billion.
Carillon Tower Advisers made the following comment about Minerals Technologies Inc. (NYSE:MTX) in its Q3 2022 investor letter:
“Minerals Technologies Inc. (NYSE:MTX) produces performance-enhancing minerals for manufacturers of paper, steel, polymers, and other materials that are used in a variety of consumer and industrials products. The company experienced double digit revenue growth in all segments in the prior quarter, but cost inflation and unfavorable currency fluctuations pressured margins.”
Minerals Technologies Inc. (NYSE:MTX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 16 hedge fund portfolios held Minerals Technologies Inc. (NYSE:MTX) at the end of the third quarter, which was 10 in the previous quarter.
We discussed Minerals Technologies Inc. (NYSE:MTX) in another article and shared the list of value stocks that analysts are recommending amid market volatility. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors.
Suggested Articles:
George Soros Net Worth and Top Holdings
15 Best 52-Week Low Stocks To Buy
20 Countries with the Biggest Coal Reserves
Disclosure: None. This article is originally published at Insider Monkey.
Related Quotes
Chartwell Investment Partners, an affiliate of Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Small Cap Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund outperformed in the quarter relative to its benchmark Russell 2000 Value Index. Among the sectors, Financial Services, Healthcare, and Energy […]
Chartwell Investment Partners, an affiliate of Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Small Cap Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund outperformed in the quarter relative to its benchmark Russell 2000 Value Index. Among the sectors, Financial Services, Healthcare, and Energy […]
Chartwell Investment Partners, an affiliate of Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Small Cap Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund outperformed in the quarter relative to its benchmark Russell 2000 Value Index. Among the sectors, Financial Services, Healthcare, and Energy […]
“Filler migration” is a fancy way of saying your filler has moved from its designated spot to an adjacent area. Experts explain how to treat and prevent it.
Dow Jones futures kick off the 2023 stock market after a "stay away" year. Q4 Tesla deliveries hit a record, but missed lowered views again.
The Oracle of Omaha won't even buy one share of a company if it doesn't meet this criterion.
The conventional wisdom is saying that after the high inflation and severe market losses of 2022, we’re in for a rough ride going forward. But there are always contrarian voices, giving alternate opinions and predictions – and that’s what we’re getting from Jonathan Golub, chief U.S. equity strategist at Credit Suisse. Golub’s point is based on data. As he sees it, “The data looks a lot less recessionary that it did three or four months ago… The things [consumers] buy aren't going to go up as
In this article, we will take a look at Ken Fisher’s top 15 growth stock picks. If you want to see more stocks in this selection, go to Ken Fisher’s Top 5 Growth Stock Picks. The founder of Fisher Asset Management, Ken Fisher, believes that the market circumstances in 2023 will be similar to those […]
While it might not be a feast now for income-oriented investors, it’s a lot better than the famine that prevailed for much of the past decade. Investors can get 3% to 5% yields on municipal bonds, 8% to 9% yields on junk debt, 6% to 8% on preferred stock, and 4% on risk-free short-term Treasuries. Within the stock market, there are yields of 5% to 9% on pipeline companies, 6% on telecom operators, 4% on real estate investment trusts, and 3% on utilities and a broad group of dividend-paying companies, including big banks.
FCF is what's left over from net income after working capital requirements and capital expenditures have been taken out. It's the flow of cash in a year that can be used to make returns to investors (through dividends and share buybacks), fund acquisitions, or, as in Boeing's case, pay down debt. FCF should be a crucial focus for Boeing investors because it's gone south in recent years.
General Electric (NYSE: GE) is a value situation with the potential to surprise on the upside. United Parcel Service (NYSE: UPS) stock has been sold off due to near-term concerns, but underlying improvements in its business enhance its long-term earnings generation potential. Hexcel's (NYSE: HXL) composites are the future of the aerospace industry.
Rivian (NASDAQ: RIVN) has had an eventful first year as a public company, to say the least. It delivered vehicles to customers for the first time and grew production rapidly, but also ran into delays in ramping up production that have left investors unhappy.
In this article, we will be taking a look at the 15 most influential companies to invest in. For more such companies, go to 5 Most Influential Companies to Invest In. An average human these days seems to be continually under the influence of major companies. You wake up in the morning thanks to the alarm […]
Here we go. The new year is upon us, and in preparation, the Street’s analysts have been lining up their top picks for 2023. It’s a bit of cliché, but a fun one – and one that can also bring some interesting stocks to investors’ notice. Remember that the analysts have been watching the markets all year, keeping close track of past and current performance, and they’ve built up a picture that puts stocks into perspective. For the retail investor, the year’s accumulated analysis is a gold mine of d
Today, I tell you the 10 best stocks to buy in January 2023, which I believe have significant upside for long-term investors. I provide a blend of stocks, from hypergrowth stocks to mature growth stocks and dividend stocks.
(Bloomberg) — Tesla Inc. delivered fewer vehicles than analysts expected last quarter, missing estimates despite taking the unusual step of offering hefty incentives in its two biggest markets.Most Read from BloombergElon Musk Becomes First Person Ever to Lose $200 BillionUkraine Latest: Strike Kills 63 Russian Troops in Occupied TownXi Warns of Tough Covid Fight, Acknowledges Divisions in ChinaGemini’s Cameron Winklevoss Slams Crypto Exec Barry Silbert Over Frozen FundsThe company handed over
Walt Disney tops the list of investor Jon Boyar’s selections, The others are Liberty Braves Group, Uber Technologies, Markel, Watsco, and LabCorp.
Medtronic is dividend aristocrat, with 45 straight years of payout increases. But shares in the company, a top maker of medical devices, haven’t been regal performers.
2020 and 2021 brought a flurry of investment into electric vehicles (EVs) as virtually every major legacy automaker implemented new programs centered around lowering emissions and improving sustainability.
Tech stocks faced a tough 2022, with reductions in consumer spending dragging down the shares of some of the world's most valuable companies. According to IDC, in the third quarter of 2022, worldwide PC shipments declined by 15%, and smartphone shipments fell by 9.7% as consumers cut discretionary spending. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) have each experienced double-digit decreases in their shares.