Strattec Security Corp (NASDAQ:STRT): Institutional Investors Aren’t Crazy About It

June 16, 2018 - By Adrian Erickson

STRATTEC Security Corporation (NASDAQ:STRT) Logo

Sentiment for Strattec Security Corp (NASDAQ:STRT)

Strattec Security Corp (NASDAQ:STRT) institutional sentiment decreased to 1.33 in 2018 Q1. Its down -0.27, from 1.6 in 2017Q4. The ratio has dropped, as 20 hedge funds increased and opened new holdings, while 15 sold and decreased their positions in Strattec Security Corp. The hedge funds in our partner’s database now hold: 2.82 million shares, up from 2.80 million shares in 2017Q4. Also, the number of hedge funds holding Strattec Security Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 11 Increased: 14 New Position: 6.

Strattec Security Corporation engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand primarily in the United States. The company has market cap of $122.30 million. The firm offers mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles, and related products. It has a 11.73 P/E ratio. It also provides full service and aftermarket support services for its products.

The stock decreased 0.88% or $0.3 during the last trading session, reaching $33.65. About 6,565 shares traded. STRATTEC Security Corporation (NASDAQ:STRT) has risen 7.73% since June 16, 2017 and is uptrending. It has underperformed by 4.84% the S&P500.

Teton Advisors Inc. holds 0.63% of its portfolio in STRATTEC Security Corporation for 179,700 shares. Ariel Investments Llc owns 315,096 shares or 0.13% of their US portfolio. Moreover, Gabelli Funds Llc has 0.05% invested in the company for 207,000 shares. The New York-based Gamco Investors Inc. Et Al has invested 0.05% in the stock. Stone Ridge Asset Management Llc, a New York-based fund reported 8,094 shares.

STRATTEC Security Corporation (NASDAQ:STRT) Institutional Positions Chart

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