Northern Trust Corp Has $634,000 Stock Holdings in BK Technologies Co. (NYSEAMERICAN:BKTI)

Northern Trust Corp grew its holdings in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) by 68.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,487 shares of the company's stock after purchasing an additional 7,528 shares during the quarter. Northern Trust Corp owned approximately 0.52% of BK Technologies worth $634,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Barclays PLC acquired a new position in shares of BK Technologies during the 4th quarter worth about $60,000. JPMorgan Chase & Co. boosted its stake in BK Technologies by 64,342.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,511 shares of the company's stock worth $98,000 after acquiring an additional 4,504 shares during the last quarter. IFP Advisors Inc acquired a new position in BK Technologies during the fourth quarter valued at approximately $99,000. Dynamic Technology Lab Private Ltd bought a new stake in BK Technologies in the fourth quarter valued at approximately $215,000. Finally, Walleye Capital LLC acquired a new stake in BK Technologies in the fourth quarter worth $218,000. Institutional investors and hedge funds own 55.05% of the company's stock.

BK Technologies Stock Up 1.1%

NYSEAMERICAN BKTI traded up $0.47 during trading hours on Wednesday, hitting $43.00. 15,368 shares of the company traded hands, compared to its average volume of 33,535. The stock has a 50-day simple moving average of $43.38. The stock has a market cap of $153.08 million, a PE ratio of 31.39 and a beta of 1.22. BK Technologies Co. has a twelve month low of $11.67 and a twelve month high of $48.43.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital boosted their price target on shares of BK Technologies from $51.00 to $55.00 and gave the company a "buy" rating in a report on Wednesday, May 14th.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).