SG Americas Securities LLC purchased a new stake in Sparton Corporation (NYSE:SPA) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,399 shares of the electronics maker’s stock, valued at approximately $119,000. SG Americas Securities LLC owned about 0.05% of Sparton Corporation at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Kennedy Capital Management Inc. raised its position in Sparton Corporation by 4.2% in the 1st quarter. Kennedy Capital Management Inc. now owns 447,735 shares of the electronics maker’s stock valued at $9,398,000 after purchasing an additional 18,058 shares during the last quarter. Vanguard Group Inc. raised its position in Sparton Corporation by 8.8% in the 1st quarter. Vanguard Group Inc. now owns 367,987 shares of the electronics maker’s stock valued at $7,724,000 after purchasing an additional 29,792 shares during the last quarter. AQR Capital Management LLC raised its position in Sparton Corporation by 90.7% in the 1st quarter. AQR Capital Management LLC now owns 235,225 shares of the electronics maker’s stock valued at $4,937,000 after purchasing an additional 111,850 shares during the last quarter. FMR LLC raised its position in Sparton Corporation by 24.6% in the 1st quarter. FMR LLC now owns 230,267 shares of the electronics maker’s stock valued at $4,833,000 after purchasing an additional 45,467 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in Sparton Corporation by 27.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 132,264 shares of the electronics maker’s stock valued at $2,909,000 after purchasing an additional 28,205 shares during the last quarter. Hedge funds and other institutional investors own 67.91% of the company’s stock.

Shares of Sparton Corporation (NYSE SPA) opened at 23.14 on Tuesday. The stock has a market cap of $227.56 million, a P/E ratio of 178.00 and a beta of 1.35. The company has a 50-day moving average of $23.15 and a 200 day moving average of $21.37. Sparton Corporation has a 52-week low of $16.83 and a 52-week high of $26.43.

Sparton Corporation (NYSE:SPA) last announced its quarterly earnings data on Thursday, September 14th. The electronics maker reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.14. Sparton Corporation had a return on equity of 11.18% and a net margin of 0.33%. The firm had revenue of $104.39 million for the quarter. Equities research analysts forecast that Sparton Corporation will post $0.78 EPS for the current fiscal year.

Separately, TheStreet upgraded shares of Sparton Corporation from a “d+” rating to a “c-” rating in a research report on Tuesday, July 25th.

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Sparton Corporation Company Profile

Sparton Corporation is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. The Company operates through two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP).

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Institutional Ownership by Quarter for Sparton Corporation (NYSE:SPA)

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