Strattec Security (STRT) Hits New 52-Week Low at $25.66

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Strattec Security Corp. (NASDAQ:STRT) hit a new 52-week low during trading on Wednesday . The stock traded as low as $25.66 and last traded at $27.01, with a volume of 3176 shares changing hands. The stock had previously closed at $27.21.

Separately, TheStreet downgraded shares of Strattec Security from a “c+” rating to a “d+” rating in a research note on Friday, January 25th.

The company has a current ratio of 2.02, a quick ratio of 1.43 and a debt-to-equity ratio of 0.23. The company has a market cap of $105.70 million, a P/E ratio of 8.56 and a beta of 1.30.

Strattec Security (NASDAQ:STRT) last issued its earnings results on Thursday, April 25th. The auto parts company reported $0.46 EPS for the quarter. Strattec Security had a negative net margin of 2.73% and a positive return on equity of 6.37%. The firm had revenue of $128.23 million during the quarter.

A number of large investors have recently modified their holdings of STRT. Renaissance Technologies LLC increased its position in shares of Strattec Security by 2.2% during the 1st quarter. Renaissance Technologies LLC now owns 60,165 shares of the auto parts company’s stock valued at $1,768,000 after purchasing an additional 1,300 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of Strattec Security by 12.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,365 shares of the auto parts company’s stock valued at $99,000 after purchasing an additional 372 shares during the last quarter. Teton Advisors Inc. increased its position in shares of Strattec Security by 0.9% during the 1st quarter. Teton Advisors Inc. now owns 186,339 shares of the auto parts company’s stock valued at $5,475,000 after purchasing an additional 1,747 shares during the last quarter. Gamco Investors INC. ET AL increased its position in shares of Strattec Security by 12.1% during the 1st quarter. Gamco Investors INC. ET AL now owns 281,595 shares of the auto parts company’s stock valued at $8,273,000 after purchasing an additional 30,352 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Strattec Security by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 313,228 shares of the auto parts company’s stock valued at $9,021,000 after purchasing an additional 1,887 shares during the last quarter. 78.58% of the stock is owned by hedge funds and other institutional investors.

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About Strattec Security (NASDAQ:STRT)

Strattec Security Corporation engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand primarily in the United States. The company offers 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.

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