Gamco Investors INC. ET AL Has $6.34 Million Stock Position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Gamco Investors INC. ET AL lifted its stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGI – Get Rating) by 11.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 786,085 shares of the company’s stock after purchasing an additional 80,400 shares during the quarter. Gamco Investors INC. ET AL owned 2.38% of Commercial Vehicle Group worth $6,336,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new position in shares of Commercial Vehicle Group in the 3rd quarter valued at $172,000. Citigroup Inc. boosted its position in shares of Commercial Vehicle Group by 376.5% in the 3rd quarter. Citigroup Inc. now owns 8,524 shares of the company’s stock valued at $81,000 after purchasing an additional 6,735 shares during the period. Wellington Management Group LLP boosted its position in shares of Commercial Vehicle Group by 53.4% in the 3rd quarter. Wellington Management Group LLP now owns 1,105,819 shares of the company’s stock valued at $10,461,000 after purchasing an additional 384,900 shares during the period. American Century Companies Inc. boosted its position in shares of Commercial Vehicle Group by 15.3% in the 3rd quarter. American Century Companies Inc. now owns 100,769 shares of the company’s stock valued at $953,000 after purchasing an additional 13,370 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Commercial Vehicle Group in the 4th quarter valued at $712,000. Institutional investors and hedge funds own 59.49% of the company’s stock.

Shares of CVGI stock opened at $6.21 on Monday. The stock’s 50 day simple moving average is $7.57 and its 200 day simple moving average is $7.97. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.46 and a current ratio of 2.32. Commercial Vehicle Group, Inc. has a twelve month low of $6.07 and a twelve month high of $12.95. The company has a market capitalization of $204.59 million, a price-to-earnings ratio of 10.53, a PEG ratio of 0.33 and a beta of 3.26.

Commercial Vehicle Group (NASDAQ:CVGI – Get Rating) last issued its quarterly earnings data on Wednesday, May 4th. The company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. Commercial Vehicle Group had a return on equity of 22.91% and a net margin of 1.98%. The business had revenue of $244.37 million for the quarter, compared to the consensus estimate of $228.97 million. On average, analysts forecast that Commercial Vehicle Group, Inc. will post 0.93 EPS for the current fiscal year.

A number of equities research analysts have commented on the company. Barrington Research restated a “buy” rating and set a $14.00 price objective on shares of Commercial Vehicle Group in a research report on Friday, May 6th. Zacks Investment Research downgraded Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 18th. Finally, StockNews.com downgraded Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 18th.

Commercial Vehicle Group Company Profile (Get Rating)

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket & Accessories.

See Also