Mariner LLC Invests $80,000 in Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Mariner LLC acquired a new position in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 32,121 shares of the company’s stock, valued at approximately $80,000. Mariner LLC owned about 0.09% of Commercial Vehicle Group at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Royce & Associates LP grew its position in shares of Commercial Vehicle Group by 4.3% in the 4th quarter. Royce & Associates LP now owns 2,253,611 shares of the company’s stock worth $5,589,000 after buying an additional 93,805 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Commercial Vehicle Group by 14.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,978,959 shares of the company’s stock valued at $4,908,000 after acquiring an additional 254,364 shares in the last quarter. American Century Companies Inc. boosted its stake in Commercial Vehicle Group by 2.5% in the fourth quarter. American Century Companies Inc. now owns 860,761 shares of the company’s stock valued at $2,135,000 after acquiring an additional 21,018 shares in the last quarter. Geode Capital Management LLC grew its holdings in Commercial Vehicle Group by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 726,227 shares of the company’s stock worth $1,801,000 after purchasing an additional 21,902 shares during the last quarter. Finally, Ironwood Investment Management LLC increased its position in shares of Commercial Vehicle Group by 11.1% during the fourth quarter. Ironwood Investment Management LLC now owns 524,340 shares of the company’s stock worth $1,300,000 after purchasing an additional 52,282 shares in the last quarter. Institutional investors own 72.32% of the company’s stock.

Commercial Vehicle Group Stock Performance

NASDAQ CVGI opened at $1.19 on Friday. The stock has a market capitalization of $41.19 million, a price-to-earnings ratio of 1.17, a PEG ratio of 0.43 and a beta of 1.93. The stock has a 50-day moving average of $1.23 and a 200 day moving average of $1.96. The company has a current ratio of 2.31, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70. Commercial Vehicle Group, Inc. has a twelve month low of $0.81 and a twelve month high of $5.88.

Commercial Vehicle Group (NASDAQ:CVGI) last released its earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.07. Commercial Vehicle Group had a net margin of 3.98% and a return on equity of 5.17%. The business had revenue of $169.80 million during the quarter, compared to analysts’ expectations of $163.50 million. Sell-side analysts anticipate that Commercial Vehicle Group, Inc. will post 0.11 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research note on Wednesday.

About Commercial Vehicle Group

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.