Grace & White Inc. NY grew its position in Westport Fuel Systems Inc. (NASDAQ:WPRT - Free Report) TSE: WPRT by 40.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,043,980 shares of the auto parts company's stock after acquiring an additional 299,798 shares during the quarter. Grace & White Inc. NY owned 6.05% of Westport Fuel Systems worth $3,737,000 as of its most recent SEC filing.
Separately, US Bancorp DE lifted its stake in Westport Fuel Systems by 170.7% during the third quarter. US Bancorp DE now owns 188,349 shares of the auto parts company's stock worth $865,000 after purchasing an additional 118,780 shares during the period. Institutional investors and hedge funds own 21.30% of the company's stock.
Wall Street Analyst Weigh In
WPRT has been the subject of a number of recent research reports. HC Wainwright reissued a "buy" rating and issued a $22.00 target price on shares of Westport Fuel Systems in a report on Friday, November 15th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $8.00 price target on shares of Westport Fuel Systems in a research report on Thursday, November 14th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $14.13.
Check Out Our Latest Stock Report on Westport Fuel Systems
Westport Fuel Systems Price Performance
WPRT traded up $0.11 during trading on Friday, hitting $4.58. The company's stock had a trading volume of 35,900 shares, compared to its average volume of 48,959. The company has a quick ratio of 1.00, a current ratio of 1.60 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $79.05 million, a price-to-earnings ratio of -3.07 and a beta of 2.93. The firm's 50 day moving average price is $4.02 and its two-hundred day moving average price is $4.56. Westport Fuel Systems Inc. has a 12 month low of $3.26 and a 12 month high of $7.41.
About Westport Fuel Systems
(
Free Report)
Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket.
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