Gamco Investors INC. ET AL boosted its holdings in Strattec Security Co. (NASDAQ:STRT – Free Report) by 8.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 704,892 shares of the auto parts company’s stock after purchasing an additional 55,509 shares during the quarter. Gamco Investors INC. ET AL owned approximately 17.53% of Strattec Security worth $12,787,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Strattec Security by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 275,101 shares of the auto parts company’s stock valued at $5,722,000 after buying an additional 1,002 shares during the last quarter. Renaissance Technologies LLC grew its position in Strattec Security by 2.6% in the second quarter. Renaissance Technologies LLC now owns 83,506 shares of the auto parts company’s stock valued at $2,768,000 after acquiring an additional 2,100 shares during the period. Geode Capital Management LLC grew its holdings in shares of Strattec Security by 1.9% during the first quarter. Geode Capital Management LLC now owns 33,941 shares of the auto parts company’s stock worth $772,000 after purchasing an additional 633 shares during the last quarter. Gabelli Funds LLC grew its holdings in shares of Strattec Security by 4.9% during the first quarter. Gabelli Funds LLC now owns 30,100 shares of the auto parts company’s stock worth $685,000 after purchasing an additional 1,400 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Strattec Security by 6.4% during the first quarter. State Street Corp now owns 15,569 shares of the auto parts company’s stock valued at $580,000 after acquiring an additional 940 shares during the period. 55.26% of the stock is currently owned by institutional investors.
Strattec Security Stock Up 0.4 %
NASDAQ:STRT opened at $23.35 on Tuesday. The firm has a market capitalization of $95.03 million, a price-to-earnings ratio of -34.34, a price-to-earnings-growth ratio of 2.69 and a beta of 1.16. Strattec Security Co. has a twelve month low of $16.06 and a twelve month high of $27.48. The stock’s 50 day moving average price is $23.00 and its two-hundred day moving average price is $21.43.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Strattec Security from a “hold” rating to a “buy” rating in a research note on Wednesday, November 1st.
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.
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