XTX Topco Ltd Has $203,000 Stock Position in Ituran Location and Control Ltd. (NASDAQ:ITRN)

XTX Topco Ltd lessened its holdings in Ituran Location and Control Ltd. (NASDAQ:ITRN) by 45.6% during the second quarter, HoldingsChannel.com reports. The fund owned 8,223 shares of the industrial products company’s stock after selling 6,895 shares during the period. XTX Topco Ltd’s holdings in Ituran Location and Control were worth $203,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Blair William & Co. IL boosted its stake in shares of Ituran Location and Control by 27.6% in the 2nd quarter. Blair William & Co. IL now owns 9,250 shares of the industrial products company’s stock valued at $228,000 after purchasing an additional 2,000 shares in the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of Ituran Location and Control by 8.2% during the second quarter. Rice Hall James & Associates LLC now owns 444,043 shares of the industrial products company’s stock worth $10,941,000 after buying an additional 33,593 shares in the last quarter. LSV Asset Management lifted its stake in shares of Ituran Location and Control by 53.9% in the 2nd quarter. LSV Asset Management now owns 48,171 shares of the industrial products company’s stock valued at $1,187,000 after acquiring an additional 16,871 shares during the last quarter. Caprock Group LLC acquired a new stake in shares of Ituran Location and Control during the 2nd quarter valued at $226,000. Finally, Acadian Asset Management LLC grew its position in Ituran Location and Control by 21.3% during the 2nd quarter. Acadian Asset Management LLC now owns 483,763 shares of the industrial products company’s stock worth $11,884,000 after acquiring an additional 85,023 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Ituran Location and Control Trading Down 1.3 %

Ituran Location and Control stock opened at $26.51 on Monday. The stock has a 50-day moving average price of $27.14 and a two-hundred day moving average price of $26.71. Ituran Location and Control Ltd. has a 12 month low of $24.01 and a 12 month high of $30.10. The company has a market capitalization of $527.39 million, a PE ratio of 10.60 and a beta of 1.15.

Ituran Location and Control (NASDAQ:ITRN) last issued its quarterly earnings data on Monday, August 19th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.05. Ituran Location and Control had a net margin of 15.42% and a return on equity of 28.43%. The business had revenue of $84.87 million during the quarter.

Ituran Location and Control Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Thursday, September 26th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.88%. Ituran Location and Control’s dividend payout ratio (DPR) is presently 62.40%.

About Ituran Location and Control

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.