Zacks Investment Management decreased its position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 18.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 31,475 shares of the company’s stock after selling 7,026 shares during the period. Zacks Investment Management owned about 0.10% of Commercial Vehicle Group worth $231,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in Commercial Vehicle Group by 4.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,722,814 shares of the company’s stock valued at $12,645,000 after acquiring an additional 67,491 shares in the last quarter. BlackRock Inc. lifted its stake in Commercial Vehicle Group by 25.0% in the 2nd quarter. BlackRock Inc. now owns 1,701,349 shares of the company’s stock valued at $12,487,000 after acquiring an additional 340,003 shares in the last quarter. Eagle Boston Investment Management Inc. lifted its stake in Commercial Vehicle Group by 10.1% in the 2nd quarter. Eagle Boston Investment Management Inc. now owns 1,208,690 shares of the company’s stock valued at $8,871,000 after acquiring an additional 111,121 shares in the last quarter. Aristotle Capital Boston LLC lifted its stake in Commercial Vehicle Group by 2.3% in the 2nd quarter. Aristotle Capital Boston LLC now owns 1,076,646 shares of the company’s stock valued at $7,903,000 after acquiring an additional 23,996 shares in the last quarter. Finally, D.C. Capital Advisors Ltd raised its stake in shares of Commercial Vehicle Group by 60.0% during the 1st quarter. D.C. Capital Advisors Ltd now owns 400,000 shares of the company’s stock worth $3,100,000 after purchasing an additional 150,000 shares in the last quarter. Hedge funds and other institutional investors own 77.25% of the company’s stock.

A number of equities research analysts have recently issued reports on CVGI shares. Zacks Investment Research cut Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Monday, July 23rd. ValuEngine upgraded Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. TheStreet upgraded Commercial Vehicle Group from a “d+” rating to a “c” rating in a research note on Thursday, May 31st. Finally, BidaskClub upgraded Commercial Vehicle Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 11th.

Shares of Commercial Vehicle Group stock opened at $8.29 on Tuesday. Commercial Vehicle Group, Inc. has a 12-month low of $6.38 and a 12-month high of $13.90. The company has a market cap of $252.47 million, a PE ratio of 18.84 and a beta of 1.75. The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 1.72.

Commercial Vehicle Group (NASDAQ:CVGI) last announced its quarterly earnings data on Thursday, August 9th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. Commercial Vehicle Group had a return on equity of 38.01% and a net margin of 2.46%. The company had revenue of $233.39 million for the quarter, compared to analysts’ expectations of $232.60 million. equities analysts expect that Commercial Vehicle Group, Inc. will post 1.4 earnings per share for the current fiscal year.

Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture.

Further Reading: Market Capitalization and Individual Investors

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

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