Strattec Security Corp. (NASDAQ:STRT) has earned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Zacks has also given Strattec Security an industry rank of 122 out of 265 based on the ratings given to its competitors.
Shares of Strattec Security (STRT) traded down $0.80 during midday trading on Wednesday, reaching $35.10. The company’s stock had a trading volume of 8,800 shares, compared to its average volume of 11,441. Strattec Security has a 1 year low of $23.00 and a 1 year high of $49.20. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.16 and a quick ratio of 1.48. The firm has a market capitalization of $132.98, a price-to-earnings ratio of 12.19 and a beta of 1.52.
In other news, insider Patrick J. Hansen sold 1,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $45.65, for a total transaction of $45,650.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.10% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of STRT. Brandywine Global Investment Management LLC acquired a new position in shares of Strattec Security during the fourth quarter valued at $116,000. Legal & General Group Plc increased its holdings in shares of Strattec Security by 266.3% during the second quarter. Legal & General Group Plc now owns 3,835 shares of the auto parts company’s stock valued at $136,000 after purchasing an additional 2,788 shares during the period. Deutsche Bank AG increased its holdings in shares of Strattec Security by 43,255.6% during the fourth quarter. Deutsche Bank AG now owns 3,902 shares of the auto parts company’s stock valued at $169,000 after purchasing an additional 3,893 shares during the period. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of Strattec Security by 115.0% during the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 4,300 shares of the auto parts company’s stock valued at $187,000 after purchasing an additional 2,300 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in shares of Strattec Security during the second quarter valued at $208,000. 82.78% of the stock is currently owned by institutional investors.
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About Strattec Security
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including 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 for North American automotive customers.
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