Dimensional Fund Advisors LP Reduces Position in VOXX International Corp (VOXX)
Dimensional Fund Advisors LP lessened its stake in shares of VOXX International Corp (NASDAQ:VOXX) by 1.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,823,456 shares of the auto parts company’s stock after selling 18,299 shares during the period. Dimensional Fund Advisors LP owned 0.08% of VOXX International worth $15,591,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in VOXX. Schwab Charles Investment Management Inc. acquired a new position in shares of VOXX International during the 2nd quarter valued at $358,000. Rhumbline Advisers acquired a new position in shares of VOXX International during the 2nd quarter valued at $197,000. Bank of New York Mellon Corp lifted its position in shares of VOXX International by 197.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 82,795 shares of the auto parts company’s stock valued at $679,000 after acquiring an additional 54,948 shares during the period. Wells Fargo & Company MN lifted its position in shares of VOXX International by 167.1% during the 2nd quarter. Wells Fargo & Company MN now owns 173,800 shares of the auto parts company’s stock valued at $1,426,000 after acquiring an additional 108,725 shares during the period. Finally, Teachers Advisors LLC acquired a new position in shares of VOXX International during the 2nd quarter valued at $315,000. Institutional investors own 62.16% of the company’s stock.
Shares of VOXX International Corp (VOXX) opened at $6.55 on Friday. The company has a market cap of $165.15, a price-to-earnings ratio of 7.04 and a beta of 0.76. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.46 and a current ratio of 2.70. VOXX International Corp has a one year low of $4.05 and a one year high of $9.00.
A number of analysts have commented on VOXX shares. Zacks Investment Research lowered shares of VOXX International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 17th. TheStreet lowered shares of VOXX International from a “c-” rating to a “d+” rating in a research note on Tuesday, October 24th.
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VOXX International Profile
VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.
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