Gamco Investors INC. ET AL Has $22.61 Million Position in Strattec Security Co. (NASDAQ:STRT)

Gamco Investors INC. ET AL raised its stake in Strattec Security Co. (NASDAQ:STRTGet Rating) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 610,872 shares of the auto parts company’s stock after purchasing an additional 13,774 shares during the period. Gamco Investors INC. ET AL owned 15.45% of Strattec Security worth $22,614,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of Strattec Security in the fourth quarter valued at $187,000. Acadian Asset Management LLC boosted its position in shares of Strattec Security by 7.1% in the fourth quarter. Acadian Asset Management LLC now owns 33,210 shares of the auto parts company’s stock valued at $1,228,000 after acquiring an additional 2,191 shares during the period. Pacific Ridge Capital Partners LLC boosted its position in shares of Strattec Security by 573.0% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 140,985 shares of the auto parts company’s stock valued at $5,219,000 after acquiring an additional 120,035 shares during the period. Northern Trust Corp boosted its position in shares of Strattec Security by 7.9% in the fourth quarter. Northern Trust Corp now owns 9,006 shares of the auto parts company’s stock valued at $333,000 after acquiring an additional 662 shares during the period. Finally, Two Sigma Advisers LP bought a new stake in shares of Strattec Security in the third quarter valued at about $284,000. Hedge funds and other institutional investors own 77.42% of the company’s stock.

STRT traded down $0.23 on Friday, hitting $32.12. 917 shares of the stock were exchanged, compared to its average volume of 16,078. Strattec Security Co. has a 12 month low of $29.50 and a 12 month high of $52.39. The business has a 50-day moving average of $35.10 and a two-hundred day moving average of $37.77. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.37 and a quick ratio of 1.46. The firm has a market capitalization of $127.20 million, a price-to-earnings ratio of 13.11, a PEG ratio of 0.86 and a beta of 0.98.

A number of equities research analysts have recently issued reports on STRT shares. StockNews.com started coverage on shares of Strattec Security in a research report on Tuesday. They issued a “buy” rating for the company. TheStreet raised shares of Strattec Security from a “c” rating to a “b-” rating in a research report on Friday, January 28th.

Strattec Security Company Profile (Get Rating)

Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company offers 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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Institutional Ownership by Quarter for Strattec Security (NASDAQ:STRT)

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