Wellington Management Group Llp Added New Motorcar Parts America Inc Position To Its Portfolio

May 10, 2018 - By Nadine Davis

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Corporate Logo

Big Money Sentiment increased to 1.6 in Q4 2017. It has change of 0.33, from 2017Q3’s 1.27. The ratio improved due to Motorcar Parts of America, Inc. positioning: 11 sold and 32 reduced. 21 funds took stakes and 48 increased stakes. Investors holded 18.94 million in 2017Q3 but now own 19.76 million shares or 4.34% more.

34,472 are held by Commercial Bank Of America De. California Public Employees Retirement invested in 0% or 26,100 shs. Assetmark reported 5 shs. Louisiana State Employees Retirement Sys invested in 8,200 shs. Earnest Partners Limited Liability Corporation holds 0% of its capital in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 1,700 shs. Vanguard Grp Inc invested in 0% or 1.02M shs. State Of Tennessee Treasury Department stated it has 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Envestnet Asset Management holds 0% of its capital in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 4,643 shs. 175,000 are owned by State Of New Jersey Common Pension Fund D. Invesco has invested 0.01% of its capital in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Brandywine Inv Mngmt Ltd Com owns 11,074 shs or 0% of their US capital. River Road Asset Llc accumulated 944,797 shs. Geode Mgmt Ltd Limited Liability Company stated it has 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Hotchkis And Wiley Mngmt Ltd Liability Company stated it has 47,145 shs or 0% of all its holdings. Alliancebernstein Limited Partnership has 16,400 shs.

Motorcar Parts of America, Inc. registered $171,459 net activity with 6 insider purchases and 0 insider sales since February 12, 2018. 5,000 shs were bought by SELWYN JOFFE, worth $105,000 on Monday, February 12. Mirvis Jeffrey P bought $21,086 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) or 1,000 shs on Monday, February 12. On Wednesday, February 14 Miller Duane Franklin bought $9,636 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) or 400 shs. VARGO TIMOTHY D bought 462 shs worth $9,970. Another trade for 475 shs valued at $10,017 was made by Bryan David on Monday, February 12.

Wellington Management Group Llp take stake in Motorcar Parts America Inc

The Sec.gov filling SC 13G/A submitted by Wellington Management Group Llp can be reached here: 000090221918000456. It has Motorcar Parts America Inc.The Consumer Discretionary–company’s 10.06% or 1,918,414 shares owned by the filler was reported in Wellington Management Group Llp�s filling.

It was submitted as new position in Motorcar Parts America Inc of the filler on April 30, 2018.The Wellington Management Group Llp�s view looks positive for the stock.According to us the filing is positive signal for Motorcar Parts America Inc. The filler controls $826.00 billion in assets and has 1540+ active experts.

Motorcar Parts America Inc Institutional Sentiment

112 investors own Motorcar Parts America Inc says the latest Sec.gov filings. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 779530 shares it is increased. Institutional investors held 18937472. In total 20 funds opened new Motorcar Parts America Inc stakes, 37 increased stakes. There were 8 that closed positions and 37 reduced them.

The first, Kirr Marbach & Company Llc is owning 188886 shares as of Q3 2017 for 1.22% of its portfolio. The next Ashford Capital Management Inc owns 297800 shares or 1.41% of its portfolio. 159250 shares owns IL Perritt Capital Management Inc which is 1.23% of their stock portfolio. Northpointe Capital Llc reported stake worth 0.94% of its US stock portfolio. Further, the 1810626 shares are held by NY Fine Capital Partners Lp. Motorcar Parts America Inc is 5.59% of the manager�s US portfolio.

Wellington Management Group Llp website.

On June, 13 WallStreet awaited Motorcar Parts of America, Inc. (NASDAQ:MPAA)’s earnings release, Faxor reports. Analysts predict 25.93 % diference or $0.68 from the $0.54 EPS from 2017. MPAA’s profit could be $12.97M with 7.76 P/E in case $0.68 EPS is reported. 100.00 % EPS growth is what Wall Street’s forecasts after $0.34 reported EPS previous quarter.

The stock decreased 0.31% or $0.07 during the last trading session, touching $21.12.Currently Motorcar Parts of America, Inc. is downtrending after 28.42% change in last May 10, 2017. MPAA has also 19,005 shares volume. The stock underperformed the S&P500 by 39.97%.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts.The firm is worth $402.94 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications.The P/E ratio is 24.25. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Ratings Coverage

Total analysts of 2 have positions in Motorcar Parts Of America (NASDAQ:MPAA) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. The firm has $39.0 highest while $26.0 is the lowest target. The average target $32.50 is 53.88% above the last ($21.12) price. Since February 9, 2018 according to StockzIntelligence Inc Motorcar Parts Of America has 2 analyst reports. On Friday, February 9 the rating was maintained by FBR Capital with “Buy”. On Monday, February 12 the rating was maintained by Roth Capital with “Buy”.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Investors Chart

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