Motorcar Parts of America, Inc. (NASDAQ:MPAA) Shares Sold by RBF Capital LLC

RBF Capital LLC lowered its position in shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA - Free Report) by 21.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 485,556 shares of the auto parts company's stock after selling 135,306 shares during the quarter. RBF Capital LLC owned 2.45% of Motorcar Parts of America worth $3,690,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Tieton Capital Management LLC lifted its position in Motorcar Parts of America by 22.8% in the fourth quarter. Tieton Capital Management LLC now owns 1,194,361 shares of the auto parts company's stock valued at $9,077,000 after purchasing an additional 221,925 shares during the period. Pacific Ridge Capital Partners LLC lifted its holdings in shares of Motorcar Parts of America by 17.1% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 1,115,849 shares of the auto parts company's stock valued at $8,480,000 after buying an additional 162,797 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Motorcar Parts of America by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 961,295 shares of the auto parts company's stock valued at $7,306,000 after buying an additional 2,960 shares during the period. Geode Capital Management LLC boosted its stake in shares of Motorcar Parts of America by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 216,019 shares of the auto parts company's stock valued at $1,643,000 after buying an additional 3,025 shares in the last quarter. Finally, Marshall Wace LLP grew its holdings in Motorcar Parts of America by 77.4% during the fourth quarter. Marshall Wace LLP now owns 115,331 shares of the auto parts company's stock worth $877,000 after acquiring an additional 50,302 shares during the period. Institutional investors and hedge funds own 83.48% of the company's stock.

Motorcar Parts of America Price Performance

Shares of MPAA traded down $0.24 on Monday, reaching $8.90. The stock had a trading volume of 16,992 shares, compared to its average volume of 92,933. Motorcar Parts of America, Inc. has a twelve month low of $4.36 and a twelve month high of $11.89. The firm has a market capitalization of $174.30 million, a PE ratio of -9.02 and a beta of 1.29. The firm has a 50-day moving average of $9.81 and a 200 day moving average of $7.97. The company has a quick ratio of 0.39, a current ratio of 1.45 and a debt-to-equity ratio of 0.12.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Motorcar Parts of America from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 22nd.

Motorcar Parts of America Company Profile

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.