Dividend Flows Change: $0.17 dividends will be a reality for Standard Motor Products, Inc. (NYSE:SMP)’s shareholders on Dec 1, 2016.

Dividend Flows Change: $0.17 dividends will be a reality for Standard Motor Products, Inc. (NYSE:SMP)'s shareholders on Dec 1, 2016.

Standard Motor Products, Inc. (NYSE:SMP) is expected to pay $0.17 on Dec 1, 2016. The indicated annual dividend is $0.68. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Standard Motor Products, Inc.’s current price of $47.78, the dividend is 0.36%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 27, 2016. The stock decreased 0.27% or $0.13 during the last trading session, hitting $47.78. Standard Motor Products, Inc. (NYSE:SMP) has risen 44.26% since April 7, 2016 and is uptrending. It has outperformed by 39.48% the S&P500.

Standard Motor Products, Inc. is a manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a focus on heavy duty, industrial equipment and the original equipment service market. The company has a market cap of $1.10 billion. The Firm operates through two divisions: Engine Management Segment and Temperature Control Segment. It has a 18.53 P/E ratio. The Engine Management Segment makes and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems.

Insitutional Activity: The institutional sentiment increased to 1.72 in Q2 2016. Its up 0.52, from 1.2 in 2016Q1. The ratio increased, as 8 funds sold all Standard Motor Products, Inc. shares owned while 31 reduced positions. 10 funds bought stakes while 57 increased positions. They now own 17.94 million shares or 0.67% more from 17.82 million shares in 2016Q1.
Price T Rowe Assoc Md last reported 12,000 shares in the company. Blackrock Grp holds 0% or 22,937 shares in its portfolio. Schwab Charles Management Inc holds 112,813 shares or 0.01% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) owns 524 shares or 0% of their US portfolio. State Board Of Administration Of Florida Retirement Systems reported 14,733 shares or 0% of all its holdings. Texas Permanent School Fund reported 15,098 shares or 0.01% of all its holdings. Ifrah Serv owns 5,898 shares or 0.09% of their US portfolio. Arizona State Retirement System holds 0.01% or 10,298 shares in its portfolio. Blackrock Institutional Na owns 511,299 shares or 0% of their US portfolio. Gemmer Asset Mngmt Limited Liability Company holds 0% of its portfolio in Standard Motor Products, Inc. (NYSE:SMP) for 81 shares. Suntrust Banks Incorporated reported 6,243 shares or 0% of all its holdings. Parametric Assoc Lc accumulated 49,226 shares or 0% of the stock. Burney has 0.02% invested in the company for 7,260 shares. First Advisors L P last reported 36,392 shares in the company. First Midwest National Bank Trust Division owns 10,671 shares or 0.05% of their US portfolio.

Insider Transactions: Since May 27, 2016, the stock had 0 buys, and 25 insider sales for $2.55 million net activity. $108,679 worth of Standard Motor Products, Inc. (NYSE:SMP) was sold by SILLS PETER J. Sills Eric had sold 990 shares worth $46,599. $47,010 worth of shares were sold by Nicholas Ray on Friday, October 7. SILLS LAWRENCE I also sold $54,085 worth of Standard Motor Products, Inc. (NYSE:SMP) on Friday, October 7. STURDIVANT FREDERICK D also sold $51,696 worth of Standard Motor Products, Inc. (NYSE:SMP) on Tuesday, August 9. Tesoro Thomas had sold 1,100 shares worth $51,854. SILLS ARTHUR S sold $381,000 worth of Standard Motor Products, Inc. (NYSE:SMP) on Friday, May 27.

Standard Motor Products, Inc. (NYSE:SMP) Ratings Coverage

Out of 3 analysts covering Standard Motor (NYSE:SMP), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Standard Motor has been the topic of 4 analyst reports since October 15, 2015 according to StockzIntelligence Inc. BB&T Capital upgraded Standard Motor Products, Inc. (NYSE:SMP) rating on Thursday, October 15. BB&T Capital has “Buy” rating and $41 price target. As per Thursday, August 4, the company rating was maintained by Jefferies. The rating was initiated by Sidoti on Monday, April 18 with “Buy”. The firm has “Buy” rating by Jefferies given on Tuesday, October 20.

More notable recent Standard Motor Products, Inc. (NYSE:SMP) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Standard Motor Products, HanesBrands and Kroger” on November 08, 2016, also Prnewswire.com with their article: “Standard Motor Products, Inc. Announces Supply Agreement with PurePower …” published on October 25, 2016, Prnewswire.com published: “Standard Motor Products, Inc. Announces Acquisition of Automotive Ignition …” on May 23, 2016. More interesting news about Standard Motor Products, Inc. (NYSE:SMP) were released by: Prnewswire.com and their article: “Standard Motor Products, Inc. Announces Third Quarter 2016 Results and a …” published on October 27, 2016 as well as Prnewswire.com‘s news article titled: “Standard Motor Products, Inc. Announces Fourth Quarter and Year End 2015 Results” with publication date: February 26, 2016.

SMP Company Profile

Standard Motor Products, Inc., incorporated in December 30, 1926, is a maker and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a focus on heavy duty, industrial equipment and the original equipment service market. The Firm operates through two divisions: Engine Management Segment and Temperature Control Segment. The Engine Management Segment makes and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment makes and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories, and windshield washer system parts. The Firm sells its products to warehouse distributors, large retail chains, original equipment manufacturers and original equipment service part activities in the United States, Canada, Latin America and Europe.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment