Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 74.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,080 shares of the company’s stock after selling 65,886 shares during the period. LPL Financial LLC owned 0.07% of Commercial Vehicle Group worth $57,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CVGI. Geode Capital Management LLC boosted its holdings in shares of Commercial Vehicle Group by 2.3% in the third quarter. Geode Capital Management LLC now owns 704,325 shares of the company’s stock valued at $2,289,000 after acquiring an additional 16,145 shares in the last quarter. Sei Investments Co. acquired a new stake in Commercial Vehicle Group during the fourth quarter worth approximately $27,000. SG Americas Securities LLC grew its stake in Commercial Vehicle Group by 54.3% in the 4th quarter. SG Americas Securities LLC now owns 22,180 shares of the company’s stock worth $55,000 after acquiring an additional 7,803 shares during the period. State Street Corp boosted its stake in Commercial Vehicle Group by 0.7% in the 3rd quarter. State Street Corp now owns 644,880 shares of the company’s stock worth $2,096,000 after buying an additional 4,527 shares during the last quarter. Finally, Barclays PLC raised its stake in Commercial Vehicle Group by 283.2% during the third quarter. Barclays PLC now owns 44,156 shares of the company’s stock worth $143,000 after purchasing an additional 32,633 shares during the period. 72.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Commercial Vehicle Group from a “hold” rating to a “sell” rating in a research note on Friday, March 21st.

Commercial Vehicle Group Stock Down 2.4 %

Shares of NASDAQ:CVGI opened at $0.94 on Friday. Commercial Vehicle Group, Inc. has a 1-year low of $0.81 and a 1-year high of $6.20. The company’s fifty day moving average is $1.33 and its two-hundred day moving average is $2.03. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 2.31. The stock has a market capitalization of $32.48 million, a price-to-earnings ratio of 0.92, a price-to-earnings-growth ratio of 0.43 and a beta of 2.21.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings data on Monday, March 10th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). The business had revenue of $163.29 million during the quarter, compared to the consensus estimate of $158.37 million. Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. Equities analysts anticipate that Commercial Vehicle Group, Inc. will post 0.11 EPS for the current year.

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.