West Oak Capital LLC Increases Stock Holdings in Strattec Security Co. (NASDAQ:STRT)

West Oak Capital LLC increased its position in Strattec Security Co. (NASDAQ:STRT) by 5,525.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,125 shares of the auto parts company’s stock after purchasing an additional 1,105 shares during the period. West Oak Capital LLC’s holdings in Strattec Security were worth $46,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Renaissance Technologies LLC lifted its stake in shares of Strattec Security by 11.1% in the 2nd quarter. Renaissance Technologies LLC now owns 85,106 shares of the auto parts company’s stock worth $2,128,000 after acquiring an additional 8,500 shares during the period. De Lisle Partners LLP increased its stake in Strattec Security by 11.2% in the 3rd quarter. De Lisle Partners LLP now owns 43,094 shares of the auto parts company’s stock valued at $1,830,000 after purchasing an additional 4,355 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Strattec Security by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 41,618 shares of the auto parts company’s stock worth $1,776,000 after buying an additional 2,314 shares during the last quarter. Factorial Partners LLC purchased a new stake in shares of Strattec Security in the third quarter valued at about $1,346,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Strattec Security during the 3rd quarter valued at $1,071,000. 68.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Strattec Security from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Strattec Security Trading Down 3.2 %

STRT stock traded down $1.27 on Friday, hitting $38.17. 14,735 shares of the company were exchanged, compared to its average volume of 15,289. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.18 and a quick ratio of 1.48. The stock has a market capitalization of $156.54 million, a price-to-earnings ratio of 9.69, a price-to-earnings-growth ratio of 1.59 and a beta of 1.16. Strattec Security Co. has a twelve month low of $21.05 and a twelve month high of $44.26. The business’s fifty day moving average is $40.93 and its two-hundred day moving average is $35.77.

Strattec Security (NASDAQ:STRT) last issued its earnings results on Monday, November 4th. The auto parts company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.36. The business had revenue of $139.05 million during the quarter, compared to analysts’ expectations of $139.32 million. Strattec Security had a return on equity of 7.12% and a net margin of 2.93%. During the same quarter in the previous year, the business earned $1.05 EPS. As a group, research analysts forecast that Strattec Security Co. will post 2.76 earnings per share for the current year.

Strattec Security Profile

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.