American Century Companies Inc. Has $501,000 Stock Position in Bk Technologies, Inc. $BKTI

American Century Companies Inc. grew its position in Bk Technologies, Inc. (NYSEAMERICAN:BKTI) by 43.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,769 shares of the company’s stock after buying an additional 3,839 shares during the quarter. American Century Companies Inc.’s holdings in Bk Technologies were worth $501,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in Bk Technologies by 3,882.6% in the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after purchasing an additional 893 shares during the period. Lazard Asset Management LLC boosted its stake in Bk Technologies by 2,988.0% in the 4th quarter. Lazard Asset Management LLC now owns 1,544 shares of the company’s stock worth $52,000 after purchasing an additional 1,494 shares during the period. Barclays PLC acquired a new stake in shares of Bk Technologies in the fourth quarter worth $60,000. Bridgeway Capital Management LLC acquired a new stake in shares of Bk Technologies in the fourth quarter worth $314,000. Finally, Northern Trust Corp boosted its position in shares of Bk Technologies by 68.7% in the fourth quarter. Northern Trust Corp now owns 18,487 shares of the company’s stock worth $634,000 after buying an additional 7,528 shares during the period. 55.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Lake Street Capital raised their target price on Bk Technologies from $55.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $74.00.

Bk Technologies Trading Down 6.1%

BKTI opened at $66.39 on Friday. The firm has a market capitalization of $247.63 million, a PE ratio of 21.63 and a beta of 0.43. Bk Technologies, Inc. has a 1 year low of $19.19 and a 1 year high of $73.69. The company’s fifty day moving average price is $50.73.

Bk Technologies Company Profile

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).