Dimensional Fund Advisors LP boosted its position in shares of Strattec Security Corporation (NASDAQ:STRT) by 0.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 262,476 shares of the auto parts company’s stock after buying an additional 600 shares during the period. Dimensional Fund Advisors LP owned 7.31% of Strattec Security Corporation worth $7,297,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in STRT. JPMorgan Chase & Co. boosted its position in shares of Strattec Security Corporation by 38.9% in the first quarter. JPMorgan Chase & Co. now owns 4,328 shares of the auto parts company’s stock worth $120,000 after buying an additional 1,211 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Strattec Security Corporation by 7.4% in the first quarter. Bank of New York Mellon Corp now owns 24,388 shares of the auto parts company’s stock worth $678,000 after buying an additional 1,689 shares in the last quarter. Boston Partners boosted its position in shares of Strattec Security Corporation by 2.2% in the first quarter. Boston Partners now owns 41,991 shares of the auto parts company’s stock worth $1,167,000 after buying an additional 898 shares in the last quarter. State Street Corp boosted its position in shares of Strattec Security Corporation by 4.8% in the fourth quarter. State Street Corp now owns 46,391 shares of the auto parts company’s stock worth $1,867,000 after buying an additional 2,108 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. boosted its position in shares of Strattec Security Corporation by 2.1% in the first quarter. Uniplan Investment Counsel Inc. now owns 133,733 shares of the auto parts company’s stock worth $3,717,000 after buying an additional 2,799 shares in the last quarter. 85.52% of the stock is currently owned by institutional investors.
Shares of Strattec Security Corporation (NASDAQ:STRT) traded down 0.30% during trading on Thursday, hitting $33.10. The company had a trading volume of 6,414 shares. The stock has a market capitalization of $118.96 million, a P/E ratio of 16.89 and a beta of 1.51. Strattec Security Corporation has a 52 week low of $23.00 and a 52 week high of $45.02. The firm’s 50 day moving average is $35.18 and its 200-day moving average is $31.85.
Strattec Security Corporation (NASDAQ:STRT) last issued its earnings results on Thursday, August 10th. The auto parts company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.12. The company had revenue of $108.43 million for the quarter. Strattec Security Corporation had a return on equity of 4.53% and a net margin of 1.72%. Equities research analysts anticipate that Strattec Security Corporation will post $2.08 EPS for the current fiscal year.
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In other news, VP Patrick J. Hansen sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $35.01, for a total transaction of $87,525.00. Following the transaction, the vice president now directly owns 11,561 shares in the company, valued at approximately $404,750.61. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 6.80% of the company’s stock.
About Strattec Security Corporation
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.
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