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Royce & Associates reduced stake in Standard Motor Products, Inc.

Published 01/29/2021, 02:15 PM
Updated 01/29/2021, 02:32 PM
© Reuters.  Royce & Associates reduced stake in Standard Motor Products, Inc.

On the 31st of December, Royce & Associates sold 119 thousand Standard Motor Products, Inc. (NYSE:SMP) shares for $4.8 million at an average price of $40.46 per share. Shares of Standard Motor Products, Inc. are up 2.37% since the transaction.

Royce & Associates's holding in Standard Motor Products, Inc. decreased to about 984 thousand shares with the transaction.

Royce & Associates first bought Standard Motor Products, Inc. stock in the third quarter of 2011. Royce & Associates also owns Gentex Corporation (NASDAQ:GNTX), Horizon Global Corporation (NYSE:HZN), Meritor Inc (NYSE:MTOR) and Dorman Products , Inc. (NASDAQ:DORM). Standard Motor Products, Inc. is its number one position by number of shares and market value among automobile parts stocks.

Other investors who also reduced their Standard Motor Products, Inc. shares include Citigroup (NYSE:C), Millennium Management, and the T. Rowe Price Equity Income Fund. Contrary to Royce & Associates, Victory Capital Management added to SMP shares.

Royce & Associates has also recently added to their share in Horizon Global Corporation and Unique Fabricating, Inc. (NYSE:UFAB). The total value of the shares bought is estimated at around $1.7 million.

Royce & Associates also reduced their share in AXT Inc (NASDAQ:AXTI), Hurco Companies, Inc. (HURC), Century Casinos , Inc. (NASDAQ:CNTY), Heidrick & Struggles Internatio (NASDAQ:HSII), Intevac , Inc. (NASDAQ:IVAC), Haynes International, Inc. (NASDAQ:HAYN), Kimball International, Inc. (KBAL), SEACOR Holdings Inc . (NYSE:CKH), Insteel Industries , Inc. (IIIN), Invacare Corporation (NYSE:IVC), Meredith Corp (NYSE:MDP), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Tejon Ranch Co (TRC), Lindsay Corporation (NYSE:LNN), Frequency Electronics, Inc. (FEIM), Kadant Inc (NYSE:KAI), Miller Industries, Inc. (MLR), Synalloy Corporation (SYNL), LSI Industries Inc. (LYTS), Tennant Company (TNC), Raven Industries , Inc. (NASDAQ:RAVN), PICO Holdings Inc. (PICO), Preformed Line Products Company (PLPC), Universal Stainless & Alloy Pro (USAP), LightPath Technologies, Inc. (LPTH), National Bankshares, Inc. (NASDAQ:NKSH), Aehr Test Systems (AEHR), Saga Communications, Inc. (SGA), GP Strategies Corporation (NYSE:GPX), Timberland Bancorp, Inc. (TSBK), Ames National Corporation (ATLO), Northrim BanCorp Inc (NRIM), Gencor Industries Inc. (GENC), Chembio Diagnostics Inc (NASDAQ:CEMI), Vishay Precision Group, Inc. (NYSE:VPG), New Home Company Inc. (The) (NWHM), Marcus & Millichap (MMI), Patriot Transportation Holding, (PATI), Associated Capital Group, Inc. (NYSE:AC), Verso Corporation (NYSE:VRS), SEACOR Marine Holdings Inc . (NYSE:SMHI) and Ranger Energy Services , Inc. (NYSE:RNGR). The total value of the shares sold is estimated at around $299 million.

Additionally, Royce & Associates increased their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Shoe Carnival , Inc. (NASDAQ:SCVL), Commercial Vehicle Group, Inc. (NASDAQ:CVGI), National Presto Industries, Inc (NPK), John B. Sanfilippo & Son, Inc. (JBSS), Hooker Furniture Corporation (NASDAQ:HOFT), Johnson Outdoors Inc. (NASDAQ:JOUT), Forrester Research , Inc. (NASDAQ:FORR), Luna Innovations Inc (NASDAQ:LUNA), U.S. Global Investors, Inc. (GROW), PCTEL, Inc. (NASDAQ:PCTI), Richardson Electronics, Ltd. (RELL), Seneca Foods Corp. (SENEA), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), IntriCon Corporation (IIN), Mesa Laboratories , Inc. (NASDAQ:MLAB), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), EVI Industries, Inc. (EVI), Kulicke and Soffa Industries, I (KLIC), Iteris , Inc. (NASDAQ:ITI), Aviat Networks , Inc. (NASDAQ:AVNW), Silvercrest Asset Management Gr (SAMG), MasterCraft Boat Holdings, Inc. (MCFT), SecureWorks Corp. (NASDAQ:SCWX), Infrastructure and Energy Alter (IEA), International Money Express, In (NASDAQ:IMXI), RA Medical Systems Inc (RMED), Postal Realty Trust, Inc. (NYSE:PSTL) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $129 million.

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