Speece Thorson Capital Group Inc. Increases Holdings in Arrow Electronics, Inc. (NYSE:ARW)

Speece Thorson Capital Group Inc. raised its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 154,949 shares of the technology company's stock after purchasing an additional 18,203 shares during the period. Arrow Electronics accounts for 3.5% of Speece Thorson Capital Group Inc.'s portfolio, making the stock its 6th largest position. Speece Thorson Capital Group Inc. owned about 0.29% of Arrow Electronics worth $17,528,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. MML Investors Services LLC increased its stake in Arrow Electronics by 12.0% during the 4th quarter. MML Investors Services LLC now owns 14,717 shares of the technology company's stock worth $1,665,000 after buying an additional 1,575 shares during the period. Mirabella Financial Services LLP purchased a new stake in shares of Arrow Electronics during the fourth quarter worth about $2,984,000. MetLife Investment Management LLC lifted its stake in shares of Arrow Electronics by 8.3% in the fourth quarter. MetLife Investment Management LLC now owns 29,642 shares of the technology company's stock worth $3,353,000 after acquiring an additional 2,275 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Arrow Electronics by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,930,459 shares of the technology company's stock worth $331,493,000 after purchasing an additional 91,310 shares during the last quarter. Finally, Fiduciary Management Inc. WI raised its position in shares of Arrow Electronics by 44.1% in the 4th quarter. Fiduciary Management Inc. WI now owns 1,548,925 shares of the technology company's stock valued at $175,214,000 after purchasing an additional 473,909 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Trading Down 0.7 %

Shares of Arrow Electronics stock traded down $0.74 on Friday, reaching $111.34. 275,367 shares of the company were exchanged, compared to its average volume of 477,605. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 0.48. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $137.80. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 15.29, a price-to-earnings-growth ratio of 0.52 and a beta of 1.18. The stock has a fifty day moving average price of $104.31 and a 200-day moving average price of $114.15.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its earnings results on Thursday, February 13th. The technology company reported $2.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.80 by $0.17. Arrow Electronics had a return on equity of 9.69% and a net margin of 1.40%. On average, analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on ARW. Bank of America downgraded Arrow Electronics from a "neutral" rating to an "underperform" rating in a report on Friday, February 7th. Wells Fargo & Company reduced their price objective on Arrow Electronics from $100.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, February 7th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Arrow Electronics currently has a consensus rating of "Hold" and a consensus target price of $121.25.

Insiders Place Their Bets

In other Arrow Electronics news, CAO Yun Sung Cho sold 353 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $112.11, for a total transaction of $39,574.83. Following the completion of the transaction, the chief accounting officer now owns 1,549 shares of the company's stock, valued at $173,658.39. The trade was a 18.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William F. Austen acquired 1,900 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $104.12 per share, with a total value of $197,828.00. Following the transaction, the director now directly owns 7,858 shares in the company, valued at $818,174.96. The trade was a 31.89 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.00% of the company's stock.

About Arrow Electronics

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.