RBF Capital LLC Cuts Stock Holdings in Motorcar Parts of America, Inc. (NASDAQ:MPAA)

RBF Capital LLC lowered its stake in Motorcar Parts of America, Inc. (NASDAQ:MPAA) by 21.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 485,556 shares of the auto parts company’s stock after selling 135,306 shares during the quarter. RBF Capital LLC’s holdings in Motorcar Parts of America were worth $3,690,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Tieton Capital Management LLC increased its holdings in shares of Motorcar Parts of America by 22.8% in the fourth quarter. Tieton Capital Management LLC now owns 1,194,361 shares of the auto parts company’s stock worth $9,077,000 after purchasing an additional 221,925 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its holdings in Motorcar Parts of America by 17.1% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 1,115,849 shares of the auto parts company’s stock valued at $8,480,000 after buying an additional 162,797 shares in the last quarter. Atlas Legacy Advisors LLC bought a new stake in Motorcar Parts of America in the 4th quarter worth approximately $580,000. Marshall Wace LLP raised its holdings in shares of Motorcar Parts of America by 77.4% during the 4th quarter. Marshall Wace LLP now owns 115,331 shares of the auto parts company’s stock worth $877,000 after acquiring an additional 50,302 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Motorcar Parts of America by 15.1% during the 3rd quarter. Geode Capital Management LLC now owns 212,994 shares of the auto parts company’s stock valued at $1,574,000 after acquiring an additional 27,961 shares during the last quarter. Institutional investors own 83.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Motorcar Parts of America from a “strong-buy” rating to a “buy” rating in a research report on Tuesday.

Motorcar Parts of America Stock Up 3.4 %

Shares of NASDAQ:MPAA opened at $9.10 on Wednesday. The company has a 50-day moving average price of $9.84 and a 200 day moving average price of $7.90. The company has a current ratio of 1.45, a quick ratio of 0.39 and a debt-to-equity ratio of 0.12. Motorcar Parts of America, Inc. has a 12 month low of $4.36 and a 12 month high of $11.89. The company has a market cap of $178.21 million, a price-to-earnings ratio of -9.19 and a beta of 1.29.

Motorcar Parts of America Profile

Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.