Northern Trust Corp Trims Stock Position in VOXX International Co. (NASDAQ:VOXX)

Northern Trust Corp cut its stake in shares of VOXX International Co. (NASDAQ:VOXX) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,215 shares of the auto parts company’s stock after selling 3,555 shares during the period. Northern Trust Corp owned approximately 0.12% of VOXX International worth $193,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. AlphaQuest LLC purchased a new stake in VOXX International during the 4th quarter worth about $51,000. Peapod Lane Capital LLC acquired a new stake in VOXX International in the fourth quarter valued at approximately $3,632,000. Gardner Lewis Asset Management L P purchased a new position in VOXX International in the fourth quarter worth approximately $2,030,000. Empowered Funds LLC lifted its stake in VOXX International by 5.1% in the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock worth $777,000 after acquiring an additional 5,067 shares during the last quarter. Finally, Rangeley Capital LLC acquired a new position in VOXX International during the 4th quarter worth approximately $263,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

VOXX International Stock Performance

Shares of VOXX International stock opened at $7.50 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.97 and a current ratio of 1.85. The company has a market capitalization of $168.96 million, a P/E ratio of -2.43 and a beta of 1.19. VOXX International Co. has a 1 year low of $2.27 and a 1 year high of $8.12. The company’s fifty day moving average is $7.50 and its two-hundred day moving average is $7.45.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on shares of VOXX International in a research report on Wednesday, May 21st. They set a “hold” rating for the company.

VOXX International Company 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.