Squarepoint Ops LLC Invests $47,000 in Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Squarepoint Ops LLC bought a new position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 19,015 shares of the company’s stock, valued at approximately $47,000. Squarepoint Ops LLC owned approximately 0.06% of Commercial Vehicle Group as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Two Sigma Investments LP grew its stake in Commercial Vehicle Group by 68.7% during the fourth quarter. Two Sigma Investments LP now owns 225,648 shares of the company’s stock valued at $560,000 after acquiring an additional 91,908 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new position in Commercial Vehicle Group during the fourth quarter valued at approximately $79,000. Millennium Management LLC purchased a new position in Commercial Vehicle Group during the fourth quarter valued at approximately $297,000. Ethic Inc. purchased a new position in Commercial Vehicle Group during the fourth quarter valued at approximately $31,000. Finally, D. E. Shaw & Co. Inc. grew its stake in Commercial Vehicle Group by 36.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 454,654 shares of the company’s stock valued at $1,128,000 after acquiring an additional 120,996 shares in the last quarter. Hedge funds and other institutional investors own 72.32% of the company’s stock.

Commercial Vehicle Group Price Performance

Shares of NASDAQ:CVGI opened at $1.52 on Wednesday. The company has a 50 day moving average of $1.16 and a 200 day moving average of $1.74. The stock has a market cap of $52.65 million, a P/E ratio of 1.49, a P/E/G ratio of 0.43 and a beta of 2.03. Commercial Vehicle Group, Inc. has a 12 month low of $0.81 and a 12 month high of $5.69. 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 (NASDAQ:CVGI) last released its quarterly 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. As a group, sell-side analysts forecast that Commercial Vehicle Group, Inc. will post 0.11 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research note on Saturday.

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.