2 weeks Ago By ABMN Staff
Rhumbline Advisers boosted its holdings in Commercial Vehicle Group, Inc. ( NASDAQ:CVGI – Free Report ) by 9.1% during the second quarter, Holdings Channel reports.
The institutional investor owned 49,629 shares of the company’s stock after buying an additional 4,130 shares during the period. Rhumbline Advisers’ holdings in Commercial Vehicle Group were worth $243,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also recently bought and sold shares of the company.
Allspring Global Investments Holdings LLC purchased a new position in Commercial Vehicle Group in the second quarter valued at about $47,000. Heron Bay Capital Management increased its position in shares of Commercial Vehicle Group by 20.5% in the 1st quarter.
Heron Bay Capital Management now owns 19,887 shares of the company’s stock worth $128,000 after purchasing an additional 3,390 shares during the last quarter. Aristides Capital LLC bought a new position in Commercial Vehicle Group during the 1st quarter worth approximately $129,000. EntryPoint Capital LLC acquired a new stake in shares of Commercial Vehicle Group during the first quarter worth $145,000.
Finally, SummerHaven Investment Management LLC grew its holdings in shares of Commercial Vehicle Group by 4.5% during the second quarter. SummerHaven Investment Management LLC now owns 70,670 shares of the company’s stock valued at $346,000 after purchasing an additional 3,065 shares during the last quarter.
Institutional investors and hedge funds own 72.32% of the company’s stock. Commercial Vehicle Group Stock Up 0.
6 % Commercial Vehicle Group stock opened at $3.42 on Friday. Commercial Vehicle Group, Inc.
has a 1-year low of $3.03 and a 1-year high of $8.03.
The firm’s fifty day simple moving average is $3.83 and its 200-day simple moving average is $5.00.
The company has a current ratio of 2.06, a quick ratio of 1.27 and a debt-to-equity ratio of 0.
73. The company has a market capitalization of $117.57 million, a P/E ratio of 2.
61, a P/E/G ratio of 0.51 and a beta of 2.46.
Analyst Ratings Changes A number of research firms have recently weighed in on CVGI. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price target on shares of Commercial Vehicle Group in a report on Monday, August 5th.
StockNews.com upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating in a report on Monday, September 2nd. Get Our Latest Research Report on CVGI Commercial Vehicle Group Profile ( Free Report ) Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions.
The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. Further Reading Want to see what other hedge funds are holding CVGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commercial Vehicle Group, Inc.
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