Rhumbline Advisers Boosts Position in Stoneridge, Inc. (SRI)
Rhumbline Advisers increased its position in Stoneridge, Inc. (NYSE:SRI) by 40.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,528 shares of the auto parts company’s stock after purchasing an additional 11,682 shares during the period. Rhumbline Advisers owned 0.14% of Stoneridge worth $999,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc grew its stake in Stoneridge by 15.4% in the third quarter. Vanguard Group Inc now owns 1,512,485 shares of the auto parts company’s stock worth $44,952,000 after purchasing an additional 201,789 shares in the last quarter. Vanguard Group Inc. boosted its stake in Stoneridge by 15.4% in the third quarter. Vanguard Group Inc. now owns 1,512,485 shares of the auto parts company’s stock valued at $44,952,000 after acquiring an additional 201,789 shares during the period. Royce & Associates LP boosted its stake in Stoneridge by 1.9% in the third quarter. Royce & Associates LP now owns 682,402 shares of the auto parts company’s stock valued at $20,281,000 after acquiring an additional 12,800 shares during the period. Teachers Advisors LLC boosted its stake in Stoneridge by 49.4% in the third quarter. Teachers Advisors LLC now owns 536,556 shares of the auto parts company’s stock valued at $15,946,000 after acquiring an additional 177,366 shares during the period. Finally, Walthausen & Co. LLC acquired a new position in Stoneridge in the third quarter valued at approximately $15,639,000. Institutional investors and hedge funds own 95.08% of the company’s stock.
Shares of SRI stock opened at $27.25 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.17 and a quick ratio of 1.64. Stoneridge, Inc. has a 52 week low of $21.91 and a 52 week high of $37.69. The company has a market capitalization of $798.29 million, a price-to-earnings ratio of 13.69 and a beta of 1.10.
ILLEGAL ACTIVITY NOTICE: “Rhumbline Advisers Boosts Position in Stoneridge, Inc. (SRI)” was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://theolympiareport.com/2019/03/15/rhumbline-advisers-boosts-position-in-stoneridge-inc-sri.html.
Stoneridge, Inc designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, motorcycle, off-highway, and agricultural vehicle markets. It operates through three segments: Control Devices, Electronics, and PST. The Control Devices segment provides sensors, switches, valves, and actuators that monitor, measure, or activate specific functions within a vehicle.
Want to see what other hedge funds are holding SRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stoneridge, Inc. (NYSE:SRI).
Receive News & Ratings for Stoneridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stoneridge and related companies with MarketBeat.com's FREE daily email newsletter.