West Oak Capital LLC increased its holdings in shares of Strattec Security Co. (NASDAQ:STRT – Free Report) by 5,525.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,125 shares of the auto parts company’s stock after acquiring an additional 1,105 shares during the quarter. West Oak Capital LLC’s holdings in Strattec Security were worth $46,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Strattec Security during the 3rd quarter worth approximately $47,000. JPMorgan Chase & Co. acquired a new position in Strattec Security during the third quarter worth $69,000. Barclays PLC grew its holdings in Strattec Security by 126.0% in the 3rd quarter. Barclays PLC now owns 3,950 shares of the auto parts company’s stock valued at $169,000 after buying an additional 2,202 shares in the last quarter. Essex Investment Management Co. LLC acquired a new stake in shares of Strattec Security in the 3rd quarter worth $266,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Strattec Security during the 3rd quarter worth $308,000. Hedge funds and other institutional investors own 68.91% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Strattec Security from a “hold” rating to a “buy” rating in a report on Thursday, November 14th.
Strattec Security Trading Down 3.2 %
NASDAQ STRT traded down $1.27 during trading hours on Friday, reaching $38.17. The company had a trading volume of 14,735 shares, compared to its average volume of 15,289. The company has a current ratio of 2.18, a quick ratio of 1.48 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $156.54 million, a P/E ratio of 9.69, a price-to-earnings-growth ratio of 1.59 and a beta of 1.16. The stock has a 50-day moving average of $40.93 and a 200 day moving average of $35.77. Strattec Security Co. has a 1-year low of $21.05 and a 1-year high of $44.26.
Strattec Security (NASDAQ:STRT – Get Free Report) last posted its earnings results on Monday, November 4th. The auto parts company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.36. Strattec Security had a net margin of 2.93% and a return on equity of 7.12%. The firm had revenue of $139.05 million during the quarter, compared to the consensus estimate of $139.32 million. During the same quarter last year, the firm earned $1.05 EPS. As a group, research analysts anticipate that Strattec Security Co. will post 2.76 earnings per share for the current fiscal year.
Strattec Security Profile
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products.
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