Boston Partners Has $203,000 Position in Motorcar Parts of America, Inc. (NASDAQ:MPAA)

Boston Partners trimmed its stake in Motorcar Parts of America, Inc. (NASDAQ:MPAA) by 71.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,711 shares of the auto parts company’s stock after selling 66,503 shares during the quarter. Boston Partners owned about 0.13% of Motorcar Parts of America worth $203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Captrust Financial Advisors boosted its position in shares of Motorcar Parts of America by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 99,635 shares of the auto parts company’s stock worth $736,000 after purchasing an additional 3,005 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Motorcar Parts of America by 9.1% in the third quarter. Victory Capital Management Inc. now owns 96,000 shares of the auto parts company’s stock worth $709,000 after acquiring an additional 8,000 shares in the last quarter. Barclays PLC acquired a new stake in Motorcar Parts of America in the third quarter valued at approximately $79,000. Bailard Inc. bought a new stake in shares of Motorcar Parts of America during the fourth quarter valued at approximately $201,000. Finally, Geode Capital Management LLC raised its position in shares of Motorcar Parts of America by 15.1% during the third quarter. Geode Capital Management LLC now owns 212,994 shares of the auto parts company’s stock worth $1,574,000 after purchasing an additional 27,961 shares during the period. 83.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MPAA has been the subject of several research reports. Cantor Fitzgerald began coverage on shares of Motorcar Parts of America in a research report on Friday, December 20th. They issued an “overweight” rating and a $14.00 price target for the company. StockNews.com upgraded shares of Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a report on Friday.

Motorcar Parts of America Stock Performance

Shares of Motorcar Parts of America stock opened at $10.32 on Monday. Motorcar Parts of America, Inc. has a 52 week low of $4.36 and a 52 week high of $11.89. The company has a quick ratio of 0.39, a current ratio of 1.45 and a debt-to-equity ratio of 0.12. The business has a 50 day moving average price of $8.71 and a 200-day moving average price of $7.44. The company has a market cap of $202.11 million, a PE ratio of -10.42 and a beta of 1.35.

Motorcar Parts of America Profile

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.