Cadence Capital Management LLC increased its position in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 5.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,525 shares of the company’s stock after acquiring an additional 8,075 shares during the period. Cadence Capital Management LLC owned about 0.54% of Commercial Vehicle Group worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Commercial Vehicle Group during the 3rd quarter worth approximately $139,000. The Manufacturers Life Insurance Company boosted its position in Commercial Vehicle Group by 10,810.0% in the second quarter. The Manufacturers Life Insurance Company now owns 23,020 shares of the company’s stock valued at $195,000 after buying an additional 22,809 shares in the last quarter. Rhumbline Advisers acquired a new stake in Commercial Vehicle Group in the second quarter valued at approximately $225,000. New York State Common Retirement Fund acquired a new stake in Commercial Vehicle Group in the second quarter valued at approximately $227,000. Finally, Macquarie Group Ltd. acquired a new stake in Commercial Vehicle Group in the third quarter valued at approximately $246,000. Institutional investors and hedge funds own 76.44% of the company’s stock.

Shares of Commercial Vehicle Group, Inc. (CVGI) opened at $10.98 on Monday. Commercial Vehicle Group, Inc. has a 52-week low of $5.12 and a 52-week high of $11.85. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.09 and a quick ratio of 1.44. The firm has a market cap of $336.63, a P/E ratio of 32.29 and a beta of 1.00.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Monday, November 6th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.11. Commercial Vehicle Group had a net margin of 0.82% and a return on equity of 14.58%. The firm had revenue of $198.30 million for the quarter, compared to analyst estimates of $173.90 million. During the same quarter last year, the business posted $0.07 earnings per share. The company’s quarterly revenue was up 29.1% on a year-over-year basis. equities research analysts expect that Commercial Vehicle Group, Inc. will post 0.32 EPS for the current fiscal year.

CVGI has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating and set a $8.75 target price on the stock in a research report on Thursday, October 19th. ValuEngine upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th.

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Commercial Vehicle Group Profile

Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.

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Institutional Ownership by Quarter for Commercial Vehicle Group (NASDAQ:CVGI)

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