Gamco Investors INC. ET AL grew its position in Strattec Security Co. (NASDAQ:STRT – Free Report) by 1.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 712,925 shares of the auto parts company’s stock after purchasing an additional 11,233 shares during the quarter. Gamco Investors INC. ET AL owned about 17.52% of Strattec Security worth $16,329,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. grew its holdings in Strattec Security by 3.3% in the second quarter. BlackRock Inc. now owns 73,678 shares of the auto parts company’s stock worth $1,337,000 after purchasing an additional 2,341 shares during the last quarter. Northern Trust Corp grew its holdings in Strattec Security by 17.0% in the second quarter. Northern Trust Corp now owns 10,888 shares of the auto parts company’s stock worth $198,000 after purchasing an additional 1,579 shares during the last quarter. Gabelli Funds LLC grew its holdings in Strattec Security by 11.3% in the second quarter. Gabelli Funds LLC now owns 33,500 shares of the auto parts company’s stock worth $608,000 after purchasing an additional 3,400 shares during the last quarter. Geode Capital Management LLC grew its holdings in Strattec Security by 1.9% in 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. Finally, Royal Bank of Canada grew its holdings in Strattec Security by 6.2% in the third quarter. Royal Bank of Canada now owns 17,230 shares of the auto parts company’s stock worth $358,000 after purchasing an additional 1,000 shares during the last quarter. 55.26% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Strattec Security from a “hold” rating to a “buy” rating in a report on Wednesday, November 1st.
Strattec Security Price Performance
Shares of STRT opened at $25.15 on Tuesday. The firm has a market capitalization of $102.34 million, a PE ratio of -36.99, a price-to-earnings-growth ratio of 2.97 and a beta of 1.11. Strattec Security Co. has a 1-year low of $16.06 and a 1-year high of $30.34. The company’s fifty day moving average price is $23.70 and its 200-day moving average price is $23.22.
About Strattec Security
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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