Rubric Capital Management LP purchased a new position in shares of Cars.com Inc (NYSE:CARS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 200,700 shares of the company’s stock, valued at approximately $5,341,000. Rubric Capital Management LP owned approximately 0.28% of Cars.com at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CARS. BlackRock Inc. acquired a new position in shares of Cars.com during the 2nd quarter worth about $213,818,000. Vanguard Group Inc. acquired a new position in shares of Cars.com during the 2nd quarter worth about $167,497,000. Artisan Partners Limited Partnership acquired a new position in shares of Cars.com during the 2nd quarter worth about $120,572,000. New South Capital Management Inc. acquired a new position in shares of Cars.com during the 2nd quarter worth about $77,402,000. Finally, Fairpointe Capital LLC acquired a new position in shares of Cars.com during the 2nd quarter worth about $72,843,000.

Several research analysts have recently weighed in on the stock. B. Riley assumed coverage on shares of Cars.com in a research note on Monday, October 2nd. They set a “buy” rating and a $36.00 price objective on the stock. Barrington Research boosted their price objective on shares of Cars.com from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, November 6th. Finally, Zacks Investment Research lowered shares of Cars.com from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th.

Cars.com Inc (NYSE CARS) opened at $27.41 on Friday. Cars.com Inc has a 52 week low of $19.90 and a 52 week high of $29.47. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.40.

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Cars.com Company Profile

Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.

Institutional Ownership by Quarter for Cars.com (NYSE:CARS)

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