National Investment Services Inc. WI Has $403,000 Position in Motorcar Parts of America, Inc. (MPAA)

National Investment Services Inc. WI boosted its position in Motorcar Parts of America, Inc. (NASDAQ:MPAA) by 70.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,137 shares of the auto parts company’s stock after purchasing an additional 6,685 shares during the quarter. National Investment Services Inc. WI owned about 0.08% of Motorcar Parts of America worth $403,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MPAA. Fine Capital Partners L.P. increased its stake in shares of Motorcar Parts of America by 2.0% in the third quarter. Fine Capital Partners L.P. now owns 1,810,626 shares of the auto parts company’s stock valued at $53,341,000 after buying an additional 35,000 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Motorcar Parts of America by 8.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,171,965 shares of the auto parts company’s stock valued at $34,526,000 after purchasing an additional 94,985 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Motorcar Parts of America by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,005,058 shares of the auto parts company’s stock valued at $28,383,000 after purchasing an additional 11,783 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Motorcar Parts of America by 533.9% during the 2nd quarter. Royal Bank of Canada now owns 835,139 shares of the auto parts company’s stock valued at $23,584,000 after purchasing an additional 703,390 shares in the last quarter. Finally, State Street Corp boosted its holdings in Motorcar Parts of America by 4.4% in the second quarter. State Street Corp now owns 429,157 shares of the auto parts company’s stock worth $12,117,000 after acquiring an additional 18,153 shares in the last quarter.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) traded down $1.10 on Friday, hitting $25.46. The stock had a trading volume of 145,238 shares, compared to its average volume of 114,777. Motorcar Parts of America, Inc. has a 1 year low of $23.92 and a 1 year high of $31.57. The stock has a market capitalization of $506.49, a P/E ratio of 14.22, a P/E/G ratio of 0.55 and a beta of 0.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.29 and a current ratio of 0.89.

Motorcar Parts of America (NASDAQ:MPAA) last announced its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.06). Motorcar Parts of America had a net margin of 8.03% and a return on equity of 15.15%. The business had revenue of $111.77 million for the quarter, compared to analysts’ expectations of $112.83 million. During the same quarter in the prior year, the firm earned $0.64 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. analysts expect that Motorcar Parts of America, Inc. will post 2.09 earnings per share for the current year.

A number of research analysts have recently weighed in on MPAA shares. B. Riley restated a “buy” rating on shares of Motorcar Parts of America in a report on Wednesday, November 1st. BidaskClub downgraded Motorcar Parts of America from a “hold” rating to a “sell” rating in a research report on Saturday. ValuEngine downgraded Motorcar Parts of America from a “buy” rating to a “hold” rating in a research report on Friday. TheStreet raised Motorcar Parts of America from a “c” rating to a “b-” rating in a research report on Monday, October 9th. Finally, Zacks Investment Research raised Motorcar Parts of America from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $35.50.

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Motorcar Parts of America Profile

Motorcar Parts of America, Inc is a manufacturer, remanufacturer and distributor of automotive aftermarket parts, including alternators, starters, wheel hub assembly, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications.

Institutional Ownership by Quarter for Motorcar Parts of America (NASDAQ:MPAA)

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