GSA Capital Partners LLP acquired a new stake in Sparton Co. (NYSE:SPA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 62,871 shares of the electronics maker’s stock, valued at approximately $1,459,000. GSA Capital Partners LLP owned about 0.64% of Sparton as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SPA. Wells Fargo & Company MN increased its holdings in shares of Sparton by 59.1% in the third quarter. Wells Fargo & Company MN now owns 10,538 shares of the electronics maker’s stock valued at $244,000 after purchasing an additional 3,916 shares during the period. Citadel Advisors LLC purchased a new stake in Sparton during the 3rd quarter valued at approximately $713,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Sparton by 12.3% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 150,000 shares of the electronics maker’s stock valued at $3,482,000 after acquiring an additional 16,435 shares during the last quarter. Kassirer Asset Management Corp acquired a new position in Sparton during the 3rd quarter worth approximately $1,418,000. Finally, Gabelli Funds LLC increased its position in Sparton by 122.1% during the 3rd quarter. Gabelli Funds LLC now owns 155,445 shares of the electronics maker’s stock worth $3,608,000 after purchasing an additional 85,445 shares during the period. 67.54% of the stock is currently owned by institutional investors.

Sparton Co. (SPA) opened at $23.05 on Wednesday. The company has a current ratio of 2.69, a quick ratio of 1.24 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $226.69, a price-to-earnings ratio of 32.93 and a beta of 1.32. Sparton Co. has a 52 week low of $16.83 and a 52 week high of $24.71.

Sparton (NYSE:SPA) last posted its quarterly earnings results on Thursday, November 9th. The electronics maker reported ($0.29) EPS for the quarter. Sparton had a positive return on equity of 8.52% and a negative net margin of 0.43%. The firm had revenue of $82.76 million during the quarter.

Separately, TheStreet lowered Sparton from a “c-” rating to a “d+” rating in a research note on Friday, December 8th.

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About Sparton

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).

Institutional Ownership by Quarter for Sparton (NYSE:SPA)

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