Northern Trust Corp Has $1.90 Million Stake in VOXX International Corp (NASDAQ:VOXX)

Northern Trust Corp raised its holdings in shares of VOXX International Corp (NASDAQ:VOXX) by 301.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,389 shares of the auto parts company’s stock after acquiring an additional 173,683 shares during the quarter. Northern Trust Corp owned about 0.96% of VOXX International worth $1,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp boosted its position in VOXX International by 2.4% during the first quarter. Bank of New York Mellon Corp now owns 27,847 shares of the auto parts company’s stock valued at $144,000 after buying an additional 640 shares during the period. California Public Employees Retirement System boosted its holdings in shares of VOXX International by 10.4% during the first quarter. California Public Employees Retirement System now owns 226,700 shares of the auto parts company’s stock worth $1,179,000 after purchasing an additional 21,300 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of VOXX International by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,847,067 shares of the auto parts company’s stock worth $9,605,000 after purchasing an additional 58,069 shares during the period. UBS Group AG boosted its holdings in shares of VOXX International by 45.9% during the first quarter. UBS Group AG now owns 24,853 shares of the auto parts company’s stock worth $129,000 after purchasing an additional 7,814 shares during the period. Finally, Strs Ohio purchased a new stake in shares of VOXX International during the second quarter worth about $194,000. 62.29% of the stock is currently owned by institutional investors and hedge funds.

VOXX International Corp (NASDAQ VOXX) opened at $5.65 on Monday. The company has a current ratio of 2.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.02. VOXX International Corp has a one year low of $4.05 and a one year high of $9.00.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Tuesday, October 10th. The auto parts company reported ($0.74) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.73). VOXX International had a net margin of 3.10% and a negative return on equity of 3.77%. The firm had revenue of $113.50 million for the quarter, compared to the consensus estimate of $163.00 million. During the same period last year, the business earned $0.12 EPS. VOXX International’s revenue was down 4.1% on a year-over-year basis. sell-side analysts expect that VOXX International Corp will post -0.58 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on VOXX shares. Zacks Investment Research lowered shares of VOXX International from a “hold” rating to a “sell” rating in a report on Tuesday, September 5th. TheStreet downgraded shares of VOXX International from a “c-” rating to a “d+” rating in a research note on Tuesday, October 24th.

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VOXX International Company Profile

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

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

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