DGS Capital Management LLC Raises Position in Ituran Location and Control Ltd. (NASDAQ:ITRN)

DGS Capital Management LLC lifted its position in Ituran Location and Control Ltd. (NASDAQ:ITRN) by 14.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,690 shares of the industrial products company’s stock after acquiring an additional 2,660 shares during the period. DGS Capital Management LLC’s holdings in Ituran Location and Control were worth $676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ITRN. Blair William & Co. IL lifted its position in Ituran Location and Control by 27.6% during the 2nd quarter. Blair William & Co. IL now owns 9,250 shares of the industrial products company’s stock valued at $228,000 after acquiring an additional 2,000 shares during the period. Aristides Capital LLC increased its stake in shares of Ituran Location and Control by 23.3% during the second quarter. Aristides Capital LLC now owns 179,740 shares of the industrial products company’s stock valued at $4,429,000 after purchasing an additional 33,958 shares in the last quarter. Delphi Management Inc. MA increased its stake in shares of Ituran Location and Control by 2.9% during the second quarter. Delphi Management Inc. MA now owns 63,522 shares of the industrial products company’s stock valued at $1,565,000 after purchasing an additional 1,816 shares in the last quarter. Inlet Private Wealth LLC lifted its holdings in shares of Ituran Location and Control by 5.8% during the third quarter. Inlet Private Wealth LLC now owns 150,200 shares of the industrial products company’s stock valued at $3,986,000 after purchasing an additional 8,300 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Ituran Location and Control by 63.4% in the 3rd quarter. Blue Trust Inc. now owns 1,541 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 598 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Ituran Location and Control Stock Up 0.2 %

ITRN stock opened at $33.85 on Friday. The business has a 50 day moving average of $30.88 and a 200 day moving average of $28.29. The firm has a market cap of $673.28 million, a PE ratio of 12.97 and a beta of 1.15. Ituran Location and Control Ltd. has a twelve month low of $24.12 and a twelve month high of $34.35.

Ituran Location and Control (NASDAQ:ITRN) last issued its quarterly earnings results on Thursday, November 21st. The industrial products company reported $0.69 earnings per share for the quarter. Ituran Location and Control had a return on equity of 28.31% and a net margin of 15.65%.

Ituran Location and Control Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.56 annualized dividend and a yield of 4.61%. Ituran Location and Control’s dividend payout ratio (DPR) is presently 59.77%.

Ituran Location and Control 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.