Jane Street Group LLC Invests $406,000 in Strattec Security Co. (NASDAQ:STRT)

Jane Street Group LLC acquired a new stake in shares of Strattec Security Co. (NASDAQ:STRT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,850 shares of the auto parts company's stock, valued at approximately $406,000. Jane Street Group LLC owned 0.24% of Strattec Security as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC acquired a new position in Strattec Security in the 4th quarter valued at $33,000. JPMorgan Chase & Co. purchased a new stake in shares of Strattec Security in the third quarter valued at $69,000. Barclays PLC increased its stake in Strattec Security by 25.5% in the fourth quarter. Barclays PLC now owns 4,957 shares of the auto parts company's stock valued at $204,000 after purchasing an additional 1,007 shares during the last quarter. Integrated Quantitative Investments LLC acquired a new position in Strattec Security in the fourth quarter valued at $227,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Strattec Security during the fourth quarter worth about $238,000. Institutional investors and hedge funds own 68.91% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Strattec Security from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 7th.

Strattec Security Trading Down 0.1%

STRT stock traded down $0.07 on Wednesday, hitting $55.22. 36,924 shares of the company were exchanged, compared to its average volume of 23,847. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.60 and a quick ratio of 1.77. The stock has a market capitalization of $230.16 million, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 1.37 and a beta of 1.10. Strattec Security Co. has a twelve month low of $21.05 and a twelve month high of $56.70. The business's fifty day moving average is $41.16 and its two-hundred day moving average is $42.04.

Strattec Security (NASDAQ:STRT - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The auto parts company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.55. The company had revenue of $144.08 million during the quarter, compared to analysts' expectations of $140.84 million. Strattec Security had a net margin of 2.92% and a return on equity of 7.76%. As a group, research analysts forecast that Strattec Security Co. will post 3.67 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.