Dimensional Fund Advisors LP trimmed its position in shares of VOXX International Corporation (NASDAQ:VOXX) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,841,755 shares of the auto parts company’s stock after selling 5,312 shares during the period. Dimensional Fund Advisors LP owned about 7.62% of VOXX International Corporation worth $15,103,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in VOXX International Corporation by 167.1% in the second quarter. Wells Fargo & Company MN now owns 173,800 shares of the auto parts company’s stock worth $1,426,000 after buying an additional 108,725 shares in the last quarter. Citigroup Inc. raised its stake in VOXX International Corporation by 664.2% in the second quarter. Citigroup Inc. now owns 90,821 shares of the auto parts company’s stock worth $745,000 after buying an additional 78,936 shares in the last quarter. Bank of New York Mellon Corp raised its stake in VOXX International Corporation by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 27,847 shares of the auto parts company’s stock worth $144,000 after buying an additional 640 shares in the last quarter. Prescott Group Capital Management L.L.C. raised its stake in VOXX International Corporation by 2.0% in the second quarter. Prescott Group Capital Management L.L.C. now owns 973,515 shares of the auto parts company’s stock worth $7,983,000 after buying an additional 18,719 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. bought a new position in VOXX International Corporation in the second quarter worth about $358,000. 64.83% of the stock is owned by hedge funds and other institutional investors.
VOXX has been the subject of a number of research reports. TheStreet downgraded shares of VOXX International Corporation from a “c-” rating to a “d+” rating in a research note on Tuesday, October 24th. Zacks Investment Research downgraded shares of VOXX International Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.
VOXX International Corporation (VOXX) opened at $6.55 on Monday. VOXX International Corporation has a one year low of $4.00 and a one year high of $9.00. The company has a quick ratio of 1.23, a current ratio of 2.46 and a debt-to-equity ratio of 0.02.
VOXX International Corporation (NASDAQ:VOXX) last released its quarterly earnings results on Tuesday, October 10th. The auto parts company reported ($0.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.73). VOXX International Corporation had a negative return on equity of 3.77% and a net margin of 3.10%. The company had revenue of $113.50 million during the quarter, compared to the consensus estimate of $163.00 million. During the same period in the previous year, the company earned $0.12 earnings per share. VOXX International Corporation’s quarterly revenue was down 4.1% on a year-over-year basis. research analysts forecast that VOXX International Corporation will post -0.58 EPS for the current fiscal year.
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VOXX International Corporation 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.
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