California Public Employees Retirement System reduced its stake in VOXX International Corporation (NASDAQ:VOXX) by 0.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 226,300 shares of the auto parts company’s stock after selling 400 shares during the quarter. California Public Employees Retirement System owned 0.94% of VOXX International Corporation worth $1,856,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GSA Capital Partners LLP purchased a new position in shares of VOXX International Corporation in the 2nd quarter worth about $125,000. UBS Group AG boosted its holdings in shares of VOXX International Corporation by 45.9% in the 1st quarter. UBS Group AG now owns 24,853 shares of the auto parts company’s stock worth $129,000 after buying an additional 7,814 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of VOXX International Corporation by 2.4% in the 1st 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 during the last quarter. New York State Common Retirement Fund purchased a new position in shares of VOXX International Corporation in the 2nd quarter worth about $175,000. Finally, Strs Ohio purchased a new position in shares of VOXX International Corporation in the 2nd quarter worth about $194,000. 59.29% of the stock is currently owned by institutional investors.

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A number of equities analysts recently weighed in on VOXX shares. Cowen and Company reissued a “hold” rating and issued a $7.00 price target on shares of VOXX International Corporation in a report on Friday, July 14th. Zacks Investment Research downgraded shares of VOXX International Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, September 5th. Finally, TheStreet downgraded shares of VOXX International Corporation from a “c-” rating to a “d+” rating in a report on Tuesday, October 24th.

VOXX International Corporation (VOXX) opened at $6.55 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 2.46.

VOXX International Corporation (NASDAQ:VOXX) last issued its quarterly earnings results on Tuesday, October 10th. The auto parts company reported ($0.74) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.73). The company had revenue of $113.50 million during the quarter, compared to analysts’ expectations of $163.00 million. VOXX International Corporation had a negative return on equity of 3.77% and a net margin of 3.10%. VOXX International Corporation’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. equities analysts anticipate that VOXX International Corporation will post -0.58 earnings per share for the current fiscal year.

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

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