Numeric Investors LLC Has $2 Million Holdings in Sparton Corporation (SPA)
Numeric Investors LLC increased its holdings in shares of Sparton Corporation (NYSE:SPA) by 5.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 90,923 shares of the electronics maker’s stock after acquiring an additional 4,923 shares during the period. Numeric Investors LLC owned approximately 0.92% of Sparton Corporation worth $1,999,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. FMR LLC grew its position in shares of Sparton Corporation by 24.6% during the 1st quarter. FMR LLC now owns 230,267 shares of the electronics maker’s stock valued at $4,833,000 after acquiring an additional 45,467 shares during the period. Algert Global LLC grew its position in shares of Sparton Corporation by 18.0% during the 2nd quarter. Algert Global LLC now owns 132,158 shares of the electronics maker’s stock valued at $2,906,000 after acquiring an additional 20,175 shares during the period. Alliancebernstein L.P. acquired a new stake in shares of Sparton Corporation during the 1st quarter valued at about $1,418,000. AQR Capital Management LLC grew its position in shares of Sparton Corporation by 90.7% during the 1st quarter. AQR Capital Management LLC now owns 235,225 shares of the electronics maker’s stock valued at $4,937,000 after acquiring an additional 111,850 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Sparton Corporation by 8.8% during the 1st quarter. Vanguard Group Inc. now owns 367,987 shares of the electronics maker’s stock valued at $7,724,000 after acquiring an additional 29,792 shares during the period. Hedge funds and other institutional investors own 67.91% of the company’s stock.
Separately, TheStreet upgraded Sparton Corporation from a “d+” rating to a “c-” rating in a research report on Tuesday, July 25th.
Sparton Corporation (NYSE SPA) opened at 23.35 on Friday. The stock has a market capitalization of $229.62 million, a price-to-earnings ratio of 179.62 and a beta of 1.28. Sparton Corporation has a 1-year low of $16.83 and a 1-year high of $26.10. The firm has a 50-day moving average of $23.19 and a 200-day moving average of $21.47.
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, beating the consensus estimate of $0.24 by $0.14. The business had revenue of $104.39 million for the quarter. Sparton Corporation had a net margin of 0.33% and a return on equity of 11.18%. Equities research analysts anticipate that Sparton Corporation will post $0.78 EPS for the current year.
Sparton Corporation 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).
Receive News & Stock Ratings for Sparton Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Corporation and related stocks with our FREE daily email newsletter.