Strs Ohio grew its holdings in Commercial Vehicle Group, Inc. (NASDAQ:CVGI – Free Report) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 71,000 shares of the company’s stock after buying an additional 3,600 shares during the period. Strs Ohio owned 0.21% of Commercial Vehicle Group worth $497,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $34,000. Aigen Investment Management LP purchased a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $92,000. WINTON GROUP Ltd purchased a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $98,000. Mackenzie Financial Corp purchased a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $100,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $101,000. 72.32% of the stock is owned by hedge funds and other institutional investors.
Commercial Vehicle Group Trading Up 0.5 %
NASDAQ CVGI opened at $6.18 on Friday. The stock has a market capitalization of $209.38 million, a P/E ratio of 4.18, a P/E/G ratio of 0.34 and a beta of 2.72. Commercial Vehicle Group, Inc. has a 52-week low of $5.48 and a 52-week high of $11.96. The firm has a 50-day moving average price of $6.36 and a 200 day moving average price of $6.55. The company has a quick ratio of 1.38, a current ratio of 2.26 and a debt-to-equity ratio of 0.73.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the stock. StockNews.com cut shares of Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 14th. TheStreet raised shares of Commercial Vehicle Group from a “d+” rating to a “c” rating in a report on Monday, March 4th. Finally, Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of Commercial Vehicle Group in a report on Monday, March 4th.
Get Our Latest Analysis on Commercial Vehicle Group
Commercial Vehicle Group Company Profile
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.
Featured Stories
- Five stocks we like better than Commercial Vehicle Group
- Low PE Growth Stocks: Unlocking Investment Opportunities
- MarketBeat Week in Review – 4/22 – 4/26
- Consumer Discretionary Stocks Explained
- 3 Stocks Leading the U.S. Agriculture Comeback
- There Are Different Types of Stock To Invest In
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Commercial Vehicle Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Vehicle Group and related companies with MarketBeat.com's FREE daily email newsletter.