Dimensional Fund Advisors LP Has $12.24 Million Stake in Celadon Group, Inc. (CGI)
Dimensional Fund Advisors LP decreased its position in Celadon Group, Inc. (NYSE:CGI) by 19.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,813,272 shares of the transportation company’s stock after selling 443,562 shares during the period. Dimensional Fund Advisors LP owned about 0.06% of Celadon Group worth $12,239,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Callahan Advisors LLC purchased a new stake in shares of Celadon Group in the third quarter valued at about $145,000. Trexquant Investment LP purchased a new stake in shares of Celadon Group in the third quarter valued at about $163,000. Alliancebernstein L.P. purchased a new stake in shares of Celadon Group in the second quarter valued at about $227,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Celadon Group by 145.0% in the second quarter. Cubist Systematic Strategies LLC now owns 75,284 shares of the transportation company’s stock valued at $237,000 after acquiring an additional 44,551 shares in the last quarter. Finally, Menta Capital LLC purchased a new stake in shares of Celadon Group in the second quarter valued at about $245,000. 85.26% of the stock is currently owned by institutional investors and hedge funds.
Shares of Celadon Group, Inc. (NYSE:CGI) opened at $5.80 on Friday. The company has a market cap of $161.30, a PE ratio of 29.00 and a beta of 1.88. Celadon Group, Inc. has a fifty-two week low of $1.30 and a fifty-two week high of $9.50.
About Celadon Group
Celadon Group, Inc (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada.
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