1 day Ago By ABMN Staff
American Century Companies Inc. boosted its position in Covenant Logistics Group, Inc. ( NASDAQ:CVLG – Free Report ) by 21.
7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 210,350 shares of the company’s stock after acquiring an additional 37,501 shares during the period. American Century Companies Inc.
owned 0.80% of Covenant Logistics Group worth $11,466,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company.
Townsquare Capital LLC lifted its position in Covenant Logistics Group by 7.8% during the 3rd quarter. Townsquare Capital LLC now owns 4,921 shares of the company’s stock valued at $260,000 after purchasing an additional 357 shares during the period.
Private Advisor Group LLC lifted its holdings in Covenant Logistics Group by 11.8% in the fourth quarter. Private Advisor Group LLC now owns 4,567 shares of the company’s stock valued at $249,000 after buying an additional 481 shares during the period.
SG Americas Securities LLC boosted its stake in Covenant Logistics Group by 34.0% in the fourth quarter. SG Americas Securities LLC now owns 4,715 shares of the company’s stock valued at $257,000 after acquiring an additional 1,196 shares during the last quarter.
Quantbot Technologies LP acquired a new stake in Covenant Logistics Group during the 3rd quarter worth $64,000. Finally, Oliver Luxxe Assets LLC grew its holdings in Covenant Logistics Group by 4.0% during the 4th quarter.
Oliver Luxxe Assets LLC now owns 36,126 shares of the company’s stock worth $1,969,000 after acquiring an additional 1,392 shares during the period. 83.72% of the stock is currently owned by institutional investors and hedge funds.
Covenant Logistics Group Stock Performance Shares of NASDAQ:CVLG opened at $22.42 on Wednesday. The firm’s 50 day simple moving average is $25.
34 and its 200 day simple moving average is $26.84. Covenant Logistics Group, Inc.
has a fifty-two week low of $21.52 and a fifty-two week high of $30.77.
The company has a market capitalization of $595.12 million, a price-to-earnings ratio of 17.31 and a beta of 1.
45. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.
10 and a quick ratio of 1.07. Covenant Logistics Group Increases Dividend Analyst Upgrades and Downgrades Separately, Stephens restated an “overweight” rating and issued a $36.
00 price target on shares of Covenant Logistics Group in a research report on Friday, January 24th. Read Our Latest Stock Analysis on CVLG Insider Transactions at Covenant Logistics Group In other news, CAO Matisse Long sold 2,114 shares of Covenant Logistics Group stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $28.
95, for a total transaction of $61,200.30. Following the transaction, the chief accounting officer now owns 15,434 shares in the company, valued at $446,814.
30. The trade was a 12.05 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Insiders own 36.50% of the company’s stock.
Covenant Logistics Group Company Profile ( Free Report ) Covenant Logistics Group, Inc, together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows.
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