11,522 Shares in Strattec Security Co. (NASDAQ:STRT) Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management bought a new stake in shares of Strattec Security Co. (NASDAQ:STRT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,522 shares of the auto parts company’s stock, valued at approximately $475,000. Ritholtz Wealth Management owned 0.28% of Strattec Security as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. West Oak Capital LLC lifted its position in Strattec Security by 5,525.0% in the 4th quarter. West Oak Capital LLC now owns 1,125 shares of the auto parts company’s stock worth $46,000 after buying an additional 1,105 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Strattec Security during the 3rd quarter worth $69,000. Barclays PLC lifted its position in shares of Strattec Security by 126.0% during the 3rd quarter. Barclays PLC now owns 3,950 shares of the auto parts company’s stock worth $169,000 after purchasing an additional 2,202 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Strattec Security by 5.9% in the third quarter. Geode Capital Management LLC now owns 41,618 shares of the auto parts company’s stock valued at $1,776,000 after acquiring an additional 2,314 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in Strattec Security in the 3rd quarter worth $308,000. 68.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Strattec Security from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Strattec Security Stock Down 1.3 %

STRT opened at $39.49 on Wednesday. The firm has a market cap of $161.91 million, a price-to-earnings ratio of 10.02, a PEG ratio of 1.45 and a beta of 1.16. The firm’s 50-day simple moving average is $40.98 and its 200-day simple moving average is $36.61. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.48 and a current ratio of 2.18. Strattec Security Co. has a twelve month low of $21.05 and a twelve month high of $44.26.

Strattec Security (NASDAQ:STRT) last released its quarterly earnings results on Monday, November 4th. The auto parts company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.56 by $0.36. The business had revenue of $139.05 million for the quarter, compared to analysts’ expectations of $139.32 million. Strattec Security had a net margin of 2.93% and a return on equity of 7.12%. During the same period in the prior year, the firm earned $1.05 earnings per share. Equities research analysts anticipate that Strattec Security Co. will post 2.76 EPS for the current fiscal year.

Strattec Security Company 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.