Bard Associates Inc. lowered its stake in shares of Sparton Corporation (NYSE:SPA) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 138,465 shares of the electronics maker’s stock after selling 500 shares during the quarter. Sparton Corporation makes up approximately 1.4% of Bard Associates Inc.’s portfolio, making the stock its 17th largest holding. Bard Associates Inc. owned about 1.41% of Sparton Corporation worth $3,045,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of SPA. Teachers Advisors LLC grew its position in Sparton Corporation by 8.3% during the fourth quarter. Teachers Advisors LLC now owns 16,883 shares of the electronics maker’s stock valued at $403,000 after buying an additional 1,294 shares during the period. Strs Ohio grew its position in Sparton Corporation by 10.0% during the first quarter. Strs Ohio now owns 29,700 shares of the electronics maker’s stock valued at $623,000 after buying an additional 2,700 shares during the period. Bank of New York Mellon Corp grew its position in Sparton Corporation by 40.2% during the first quarter. Bank of New York Mellon Corp now owns 66,080 shares of the electronics maker’s stock valued at $1,387,000 after buying an additional 18,950 shares during the period. Acrospire Investment Management LLC grew its position in Sparton Corporation by 4.4% during the first quarter. Acrospire Investment Management LLC now owns 4,745 shares of the electronics maker’s stock valued at $100,000 after buying an additional 202 shares during the period. Finally, Trexquant Investment LP bought a new position in Sparton Corporation during the first quarter valued at about $204,000. Institutional investors own 67.91% of the company’s stock.
Separately, TheStreet upgraded shares of Sparton Corporation from a “d+” rating to a “c-” rating in a research report on Tuesday, July 25th.
Sparton Corporation (NYSE:SPA) traded up 0.09% during trading on Friday, reaching $23.15. 87,947 shares of the company traded hands. The company’s 50-day moving average price is $23.13 and its 200 day moving average price is $21.40. Sparton Corporation has a 52 week low of $16.83 and a 52 week high of $26.43. The firm’s market capitalization is $227.66 million.
Sparton Corporation Company Profile
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).
Receive News & Ratings for Sparton Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Corporation and related companies with MarketBeat.com's FREE daily email newsletter.