Ituran Location and Control Ltd. (NASDAQ:ITRN) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC raised its position in Ituran Location and Control Ltd. (NASDAQ:ITRN) by 43.6% in the third quarter, Holdings Channel reports. The institutional investor owned 84,600 shares of the industrial products company’s stock after purchasing an additional 25,700 shares during the period. Segall Bryant & Hamill LLC’s holdings in Ituran Location and Control were worth $2,245,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC increased its stake in shares of Ituran Location and Control by 7.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 37,966 shares of the industrial products company’s stock valued at $1,062,000 after purchasing an additional 2,469 shares in the last quarter. Quadrature Capital Ltd increased its position in shares of Ituran Location and Control by 17.4% in the first quarter. Quadrature Capital Ltd now owns 48,451 shares of the industrial products company’s stock valued at $1,355,000 after buying an additional 7,166 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Ituran Location and Control by 11.3% during the 1st quarter. California State Teachers Retirement System now owns 16,585 shares of the industrial products company’s stock worth $464,000 after buying an additional 1,679 shares during the period. Delphi Management Inc. MA lifted its position in shares of Ituran Location and Control by 22.0% during the 1st quarter. Delphi Management Inc. MA now owns 61,706 shares of the industrial products company’s stock valued at $1,725,000 after buying an additional 11,134 shares in the last quarter. Finally, Inlet Private Wealth LLC grew its stake in Ituran Location and Control by 3.7% in the 2nd quarter. Inlet Private Wealth LLC now owns 141,900 shares of the industrial products company’s stock valued at $3,496,000 after acquiring an additional 5,000 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Ituran Location and Control Stock Performance

Shares of NASDAQ ITRN opened at $28.98 on Friday. The firm has a market cap of $576.41 million, a PE ratio of 11.10 and a beta of 1.14. Ituran Location and Control Ltd. has a one year low of $24.12 and a one year high of $30.00. The firm has a fifty day moving average of $27.07 and a 200 day moving average of $26.75.

Ituran Location and Control Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Monday, December 23rd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.56 annualized dividend and a dividend yield of 5.38%. Ituran Location and Control’s dividend payout ratio (DPR) is presently 59.77%.

Ituran Location and Control Company Profile

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.