XTX Topco Ltd Takes Position in Motorcar Parts of America, Inc. (NASDAQ:MPAA)

XTX Topco Ltd bought a new position in Motorcar Parts of America, Inc. (NASDAQ:MPAA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,211 shares of the auto parts company’s stock, valued at approximately $183,000. XTX Topco Ltd owned approximately 0.10% of Motorcar Parts of America at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Motorcar Parts of America by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 961,295 shares of the auto parts company’s stock worth $7,306,000 after acquiring an additional 2,960 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Motorcar Parts of America by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 216,019 shares of the auto parts company’s stock valued at $1,643,000 after purchasing an additional 3,025 shares in the last quarter. D. E. Shaw & Co. Inc. increased its position in Motorcar Parts of America by 10.6% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 142,497 shares of the auto parts company’s stock worth $1,083,000 after purchasing an additional 13,644 shares during the last quarter. Marshall Wace LLP raised its stake in Motorcar Parts of America by 77.4% during the fourth quarter. Marshall Wace LLP now owns 115,331 shares of the auto parts company’s stock valued at $877,000 after purchasing an additional 50,302 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Motorcar Parts of America by 39.3% during the fourth quarter. Millennium Management LLC now owns 82,056 shares of the auto parts company’s stock valued at $624,000 after purchasing an additional 23,164 shares in the last quarter. 83.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 16th.

Motorcar Parts of America Trading Up 0.4%

Shares of NASDAQ MPAA opened at $14.58 on Thursday. The business’s 50 day moving average is $11.34 and its two-hundred day moving average is $10.16. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.44 and a quick ratio of 0.43. Motorcar Parts of America, Inc. has a 1-year low of $5.16 and a 1-year high of $15.04. The stock has a market capitalization of $282.12 million, a P/E ratio of 208.32 and a beta of 1.39.

About Motorcar Parts of America

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.