News headlines about Strattec Security (NASDAQ:STRT) have been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Strattec Security earned a news impact score of 0.25 on Accern’s scale. Accern also gave media stories about the auto parts company an impact score of 45.6683903038106 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, ValuEngine upgraded Strattec Security from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 2nd.
Strattec Security (NASDAQ STRT) traded up $0.90 during trading on Wednesday, reaching $44.45. The company’s stock had a trading volume of 18,700 shares, compared to its average volume of 15,500. Strattec Security has a 1 year low of $23.00 and a 1 year high of $49.20. The company has a market capitalization of $159.88, a PE ratio of 20.11 and a beta of 1.69. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.43 and a current ratio of 2.02.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, December 14th. Strattec Security’s payout ratio is 25.34%.
In other news, insider Patrick J. Hansen sold 1,000 shares of Strattec Security stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $45.65, for a total transaction of $45,650.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Patrick J. Hansen sold 2,900 shares of Strattec Security stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $45.49, for a total value of $131,921.00. Following the sale, the insider now directly owns 11,950 shares in the company, valued at $543,605.50. The disclosure for this sale can be found here. Insiders have sold 9,100 shares of company stock worth $414,899 over the last three months. Insiders own 7.10% of the company’s stock.
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Strattec Security Company Profile
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.
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