VOXX International Corp (VOXX) Holdings Reduced by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in VOXX International Corp (NASDAQ:VOXX) by 1.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,828,339 shares of the auto parts company’s stock after selling 23,983 shares during the period. Dimensional Fund Advisors LP owned about 7.56% of VOXX International worth $9,873,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VOXX. GSA Capital Partners LLP grew its stake in VOXX International by 91.2% in the 1st quarter. GSA Capital Partners LLP now owns 30,272 shares of the auto parts company’s stock worth $150,000 after acquiring an additional 14,441 shares during the period. Eqis Capital Management Inc. purchased a new stake in VOXX International in the 2nd quarter worth approximately $208,000. LMR Partners LLP purchased a new stake in VOXX International in the 2nd quarter worth approximately $372,000. Marquette Asset Management LLC purchased a new stake in VOXX International in the 2nd quarter worth approximately $388,000. Finally, Moors & Cabot Inc. grew its stake in VOXX International by 12.1% in the 1st quarter. Moors & Cabot Inc. now owns 99,800 shares of the auto parts company’s stock worth $494,000 after acquiring an additional 10,800 shares during the period. 56.94% of the stock is owned by hedge funds and other institutional investors.

Several analysts have commented on VOXX shares. Zacks Investment Research raised shares of VOXX International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 12th. ValuEngine upgraded shares of VOXX International from a “sell” rating to a “hold” rating in a report on Monday, July 16th.

Shares of VOXX opened at $5.21 on Friday. The firm has a market capitalization of $127.04 million, a price-to-earnings ratio of 174.00 and a beta of 0.38. VOXX International Corp has a fifty-two week low of $4.64 and a fifty-two week high of $7.00. The company has a current ratio of 2.95, a quick ratio of 1.59 and a debt-to-equity ratio of 0.02.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Thursday, October 11th. The auto parts company reported ($0.85) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.83). The company had revenue of $108.87 million during the quarter. VOXX International had a negative net margin of 0.11% and a positive return on equity of 2.48%. During the same quarter in the previous year, the business posted ($0.03) EPS. Sell-side analysts forecast that VOXX International Corp will post 0.25 earnings per share for the current fiscal year.

About VOXX International

VOXX International Corporation, together with its subsidiaries, manufactures and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services.

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Institutional Ownership by Quarter for VOXX International (NASDAQ:VOXX)

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