1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership raised its stake in Cars.com Inc. ( NYSE:CARS – Free Report ) by 609.
2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 442,889 shares of the company’s stock after buying an additional 380,439 shares during the period. Arrowstreet Capital Limited Partnership owned 0.
68% of Cars.com worth $7,675,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock.
JPMorgan Chase & Co. boosted its holdings in shares of Cars.com by 0.
4% during the 4th quarter. JPMorgan Chase & Co. now owns 236,850 shares of the company’s stock valued at $4,105,000 after acquiring an additional 827 shares in the last quarter.
BNP Paribas Financial Markets raised its position in Cars.com by 8.0% in the third quarter.
BNP Paribas Financial Markets now owns 14,541 shares of the company’s stock valued at $244,000 after purchasing an additional 1,075 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Cars.com by 193.
0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,638 shares of the company’s stock valued at $29,000 after purchasing an additional 1,079 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Cars.
com by 41.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 5,155 shares of the company’s stock valued at $89,000 after purchasing an additional 1,516 shares in the last quarter.
Finally, KBC Group NV grew its holdings in shares of Cars.com by 68.2% during the fourth quarter.
KBC Group NV now owns 3,885 shares of the company’s stock worth $67,000 after purchasing an additional 1,575 shares during the last quarter. Institutional investors own 89.15% of the company’s stock.
Cars.com Stock Performance Shares of CARS stock opened at $10.71 on Monday.
The company has a debt-to-equity ratio of 0.93, a current ratio of 1.79 and a quick ratio of 1.
79. Cars.com Inc.
has a one year low of $9.87 and a one year high of $21.24.
The business’s 50 day simple moving average is $14.29 and its 200 day simple moving average is $16.34.
The stock has a market capitalization of $683.80 million, a PE ratio of 18.47 and a beta of 1.
92. Wall Street Analysts Forecast Growth Read Our Latest Stock Report on Cars.com Cars.
com Company Profile ( Free Report ) Cars.com Inc, through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers.
See Also Want to see what other hedge funds are holding CARS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cars.com Inc.
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