XTX Topco Ltd acquired a new position in shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 19,211 shares of the auto parts company's stock, valued at approximately $183,000. XTX Topco Ltd owned 0.10% of Motorcar Parts of America as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. bought a new position in Motorcar Parts of America during the 4th quarter valued at about $88,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Motorcar Parts of America during the 4th quarter worth approximately $97,000. Corton Capital Inc. bought a new position in Motorcar Parts of America during the 1st quarter worth approximately $119,000. Schonfeld Strategic Advisors LLC bought a new position in Motorcar Parts of America during the 4th quarter worth approximately $161,000. Finally, Jane Street Group LLC bought a new position in Motorcar Parts of America during the 4th quarter worth approximately $266,000. 83.48% of the stock is owned by institutional investors.
Motorcar Parts of America Price Performance
MPAA traded down $0.46 on Friday, hitting $13.74. 123,963 shares of the stock were exchanged, compared to its average volume of 160,680. Motorcar Parts of America, Inc. has a 12 month low of $5.16 and a 12 month high of $15.04. The business has a 50-day moving average of $11.43 and a two-hundred day moving average of $10.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.44 and a quick ratio of 0.43. The firm has a market capitalization of $265.87 million, a price-to-earnings ratio of 196.31 and a beta of 1.39.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on MPAA shares. Zacks Research raised shares of Motorcar Parts of America to a "strong-buy" rating in a research note on Friday, August 8th. Wall Street Zen upgraded shares of Motorcar Parts of America from a "buy" rating to a "strong-buy" rating in a report on Friday, May 16th.
View Our Latest Report on Motorcar Parts of America
Motorcar Parts of America Profile
(
Free Report)
Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.
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