Dalton Greiner Hartman Maher & Co. increased its stake in NetScout Systems, Inc. (NASDAQ:NTCT) by 3.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 586,977 shares of the technology company’s stock after buying an additional 17,718 shares during the period. NetScout Systems comprises 1.3% of Dalton Greiner Hartman Maher & Co.’s holdings, making the stock its 14th largest position. Dalton Greiner Hartman Maher & Co. owned 0.64% of NetScout Systems worth $22,276,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Sei Investments Co. raised its stake in NetScout Systems by 3.8% in the third quarter. Sei Investments Co. now owns 5,799 shares of the technology company’s stock valued at $170,000 after buying an additional 212 shares during the period. LS Investment Advisors LLC raised its stake in NetScout Systems by 5.1% in the third quarter. LS Investment Advisors LLC now owns 5,927 shares of the technology company’s stock valued at $173,000 after buying an additional 290 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in NetScout Systems by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 42,090 shares of the technology company’s stock valued at $1,231,000 after buying an additional 580 shares during the period. Louisiana State Employees Retirement System raised its stake in NetScout Systems by 2.7% in the first quarter. Louisiana State Employees Retirement System now owns 23,200 shares of the technology company’s stock valued at $880,000 after buying an additional 600 shares during the period. Finally, Bank of Montreal Can raised its stake in NetScout Systems by 31.8% in the first quarter. Bank of Montreal Can now owns 3,040 shares of the technology company’s stock valued at $115,000 after buying an additional 734 shares during the period.

Institutional Ownership by Quarter for NetScout Systems (NASDAQ:NTCT)

Shares of NetScout Systems, Inc. (NASDAQ:NTCT) traded up 0.27% on Friday, reaching $36.50. The company’s stock had a trading volume of 606,530 shares. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 480.26 and a beta of 1.43. NetScout Systems, Inc. has a 1-year low of $20.99 and a 1-year high of $38.45. The company’s 50 day moving average is $37.18 and its 200-day moving average is $33.35.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Tuesday, January 31st. The technology company reported $0.60 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.04. NetScout Systems had a return on equity of 5.54% and a net margin of 0.65%. The firm had revenue of $311.40 million for the quarter, compared to analyst estimates of $309.20 million. During the same quarter last year, the company earned $0.58 EPS. The company’s revenue was down 1.8% on a year-over-year basis. Equities research analysts expect that NetScout Systems, Inc. will post $1.89 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Dalton Greiner Hartman Maher & Co. Has $22.276 Million Stake in NetScout Systems, Inc. (NTCT)” was published by Financial Market News and is the property of of Financial Market News. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at http://www.financial-market-news.com/dalton-greiner-hartman-maher-co-has-22-276-million-stake-in-netscout-systems-inc-ntct/1406206/.

Several equities research analysts recently weighed in on the company. B. Riley restated a “buy” rating and issued a $45.00 target price on shares of NetScout Systems in a report on Wednesday, February 22nd. Zacks Investment Research upgraded NetScout Systems from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 28th. Pacific Crest lowered NetScout Systems from an “overweight” rating to a “sector weight” rating in a report on Monday, January 9th. Royal Bank of Canada lowered NetScout Systems from an “outperform” rating to a “sector perform” rating and set a $31.00 target price for the company. in a report on Thursday, January 19th. Finally, Craig Hallum lowered NetScout Systems from a “buy” rating to a “hold” rating in a report on Tuesday, January 31st. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $37.25.

In other NetScout Systems news, COO Michael Szabados sold 5,000 shares of the firm’s stock in a transaction on Friday, February 3rd. The stock was sold at an average price of $32.99, for a total transaction of $164,950.00. Following the transaction, the chief operating officer now owns 48,257 shares in the company, valued at approximately $1,591,998.43. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider John Downing sold 1,000 shares of the firm’s stock in a transaction on Friday, February 3rd. The stock was sold at an average price of $32.99, for a total value of $32,990.00. Following the transaction, the insider now owns 114,215 shares in the company, valued at approximately $3,767,952.85. The disclosure for this sale can be found here. 3.30% of the stock is owned by company insiders.

NetScout Systems Company Profile

NetScout Systems, Inc (NetScout) provides operational intelligence and performance analytics for service assurance and cyber security solutions. The Company’s solutions are used in various service provider, enterprise and government networks. Its nGenius and Infinistream technologies, along with certain product lines from the acquired businesses, enable information technology (IT) organizations to manage service delivery quality, and identify and address business service performance issues and security threats.

5 Day Chart for NASDAQ:NTCT

Want to see what other hedge funds are holding NTCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NetScout Systems, Inc. (NASDAQ:NTCT).

Receive News & Ratings for NetScout Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetScout Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.