RBF Capital LLC decreased its stake in 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 firm owned 485,556 shares of the auto parts company's stock after selling 135,306 shares during the quarter. RBF Capital LLC owned about 2.45% of Motorcar Parts of America worth $3,690,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of MPAA. Dimensional Fund Advisors LP boosted its stake in Motorcar Parts of America by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 961,295 shares of the auto parts company's stock worth $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% during the 4th quarter. Geode Capital Management LLC now owns 216,019 shares of the auto parts company's stock worth $1,643,000 after purchasing an additional 3,025 shares during the period. Barclays PLC bought a new position in Motorcar Parts of America during the 3rd quarter valued at about $79,000. Victory Capital Management Inc. grew its holdings in Motorcar Parts of America by 14.9% during the 4th quarter. Victory Capital Management Inc. now owns 110,310 shares of the auto parts company's stock valued at $838,000 after purchasing an additional 14,310 shares during the last quarter. Finally, Bailard Inc. purchased a new stake in Motorcar Parts of America in the 4th quarter worth about $201,000. Institutional investors own 83.48% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Motorcar Parts of America from a "strong-buy" rating to a "buy" rating in a research report on Tuesday.
Check Out Our Latest Stock Analysis on Motorcar Parts of America
Motorcar Parts of America Trading Down 3.5 %
Motorcar Parts of America stock traded down $0.33 during mid-day trading on Friday, hitting $9.14. The company's stock had a trading volume of 64,495 shares, compared to its average volume of 93,221. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.39 and a current ratio of 1.45. The company has a 50 day moving average of $9.81 and a 200-day moving average of $7.95. Motorcar Parts of America, Inc. has a one year low of $4.36 and a one year high of $11.89. The stock has a market cap of $179.00 million, a PE ratio of -9.23 and a beta of 1.29.
Motorcar Parts of America Profile
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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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