2 weeks Ago By Defense World Staff
Charles Schwab Investment Management Inc. lessened its position in shares of Stoneridge, Inc. ( NYSE:SRI – Free Report ) by 22.
2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 266,857 shares of the auto parts company’s stock after selling 76,341 shares during the quarter. Charles Schwab Investment Management Inc.
owned approximately 0.96% of Stoneridge worth $1,673,000 at the end of the most recent quarter. Other hedge funds have also recently added to or reduced their stakes in the company.
State Street Corp lifted its stake in shares of Stoneridge by 1.9% in the 3rd quarter. State Street Corp now owns 628,981 shares of the auto parts company’s stock valued at $7,038,000 after purchasing an additional 11,929 shares during the period.
Disciplined Growth Investors Inc. MN lifted its stake in Stoneridge by 3.0% in the third quarter.
Disciplined Growth Investors Inc. MN now owns 247,196 shares of the auto parts company’s stock valued at $2,766,000 after buying an additional 7,267 shares during the period. Jacobs Levy Equity Management Inc.
boosted its holdings in shares of Stoneridge by 2.1% during the 3rd quarter. Jacobs Levy Equity Management Inc.
now owns 178,248 shares of the auto parts company’s stock worth $1,995,000 after buying an additional 3,748 shares in the last quarter. Jane Street Group LLC grew its position in shares of Stoneridge by 218.3% during the 3rd quarter.
Jane Street Group LLC now owns 69,734 shares of the auto parts company’s stock worth $780,000 after buying an additional 47,829 shares during the period. Finally, Barclays PLC increased its stake in shares of Stoneridge by 51.3% in the 3rd quarter.
Barclays PLC now owns 65,044 shares of the auto parts company’s stock valued at $727,000 after acquiring an additional 22,052 shares in the last quarter. Institutional investors own 98.07% of the company’s stock.
Analyst Ratings Changes A number of research firms have commented on SRI. StockNews.com upgraded shares of Stoneridge from a “hold” rating to a “buy” rating in a report on Saturday.
Barrington Research reissued an “outperform” rating and set a $16.00 price objective on shares of Stoneridge in a research report on Tuesday, March 4th. Stoneridge Price Performance Shares of NYSE:SRI opened at $4.
63 on Friday. Stoneridge, Inc. has a twelve month low of $4.
11 and a twelve month high of $18.57. The stock’s 50 day moving average is $4.
96 and its 200-day moving average is $6.95. The company has a quick ratio of 1.
40, a current ratio of 2.44 and a debt-to-equity ratio of 0.72.
The firm has a market capitalization of $128.09 million, a price-to-earnings ratio of -17.13 and a beta of 1.
27. Stoneridge ( NYSE:SRI – Get Free Report ) last released its quarterly earnings data on Wednesday, February 26th. The auto parts company reported ($0.
18) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.36).
The business had revenue of $218.20 million for the quarter, compared to analyst estimates of $207.61 million.
Stoneridge had a negative return on equity of 0.42% and a negative net margin of 0.81%.
Sell-side analysts forecast that Stoneridge, Inc. will post -0.42 EPS for the current fiscal year.
About Stoneridge ( Free Report ) Stoneridge, Inc, together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. Featured Articles Five stocks we like better than Stoneridge With Risk Tolerance, One Size Does Not Fit All MarketBeat Week in Review – 03/24 – 03/28 How to Buy Gold Stock and Invest in Gold Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index 4 Healthcare Stocks With Massive Gains—and More to Come Receive News & Ratings for Stoneridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stoneridge and related companies with MarketBeat.
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