Dalton Greiner Hartman Maher & Co. lifted its position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 5.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 420,313 shares of the company’s stock after buying an additional 19,826 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Commercial Vehicle Group were worth $2,669,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in shares of Commercial Vehicle Group in the 3rd quarter worth $37,000. Metropolitan Life Insurance Co NY bought a new stake in shares of Commercial Vehicle Group in the 1st quarter worth $67,000. Russell Investments Group Ltd. raised its stake in shares of Commercial Vehicle Group by 88.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 9,496 shares of the company’s stock worth $76,000 after buying an additional 4,450 shares in the last quarter. Zebra Capital Management LLC raised its stake in shares of Commercial Vehicle Group by 9.6% in the 2nd quarter. Zebra Capital Management LLC now owns 19,037 shares of the company’s stock worth $153,000 after buying an additional 1,664 shares in the last quarter. Finally, Bailard Inc. bought a new stake in shares of Commercial Vehicle Group in the 3rd quarter worth $150,000. 76.84% of the stock is currently owned by institutional investors.
A number of analysts have recently commented on CVGI shares. ValuEngine raised Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research note on Friday, January 10th. Zacks Investment Research raised Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Barrington Research reissued a “buy” rating and issued a $8.50 price objective on shares of Commercial Vehicle Group in a research note on Friday, November 22nd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $8.63.
CVGI opened at $5.92 on Thursday. Commercial Vehicle Group, Inc. has a one year low of $5.72 and a one year high of $9.77. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.58 and a current ratio of 2.25. The stock’s fifty day moving average is $6.57 and its 200-day moving average is $7.12. The company has a market capitalization of $186.78 million, a PE ratio of 4.05, a P/E/G ratio of 0.88 and a beta of 2.68.
Commercial Vehicle Group (NASDAQ:CVGI) last announced its earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The company had revenue of $225.40 million for the quarter, compared to analyst estimates of $226.20 million. Commercial Vehicle Group had a return on equity of 27.58% and a net margin of 3.82%. On average, equities research analysts forecast that Commercial Vehicle Group, Inc. will post 1.12 EPS for the current fiscal year.
Commercial Vehicle Group Profile
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, Electrical Systems and Global Seating. The Electrical Systems segment electronic provides wire harness assemblies that function as current carrying devices used to provide electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial vehicles; and panel assemblies and cabinets.
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