State Street Corp Increases Stock Holdings in VOXX International Co. (NASDAQ:VOXX)

State Street Corp raised its holdings in shares of VOXX International Co. (NASDAQ:VOXX) by 5.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 52,408 shares of the auto parts company’s stock after purchasing an additional 2,700 shares during the period. State Street Corp’s holdings in VOXX International were worth $333,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Well Done LLC raised its holdings in shares of VOXX International by 95.2% in the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after acquiring an additional 3,152,500 shares during the last quarter. Acuitas Investments LLC purchased a new stake in shares of VOXX International during the second quarter worth about $855,000. Squarepoint Ops LLC acquired a new position in shares of VOXX International in the second quarter valued at approximately $130,000. Marquette Asset Management LLC lifted its stake in shares of VOXX International by 60.0% during the third quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company’s stock valued at $497,000 after buying an additional 29,326 shares during the period. Finally, Empowered Funds LLC boosted its position in VOXX International by 40.7% during the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock worth $637,000 after acquiring an additional 28,982 shares during the last quarter. Institutional investors and hedge funds own 71.00% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on VOXX International in a research note on Saturday, December 28th. They set a “hold” rating on the stock.

VOXX International Stock Up 0.1 %

Shares of NASDAQ:VOXX opened at $7.33 on Friday. VOXX International Co. has a 12-month low of $2.27 and a 12-month high of $11.31. The stock’s 50-day moving average price is $7.41 and its two-hundred day moving average price is $5.50. The company has a current ratio of 2.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.20. The firm has a market cap of $164.96 million, a price-to-earnings ratio of -6.60 and a beta of 1.24.

VOXX International (NASDAQ:VOXX) last released its earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%. The firm had revenue of $92.49 million during the quarter.

VOXX International Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.