Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 18.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 195,170 shares of the company’s stock after selling 43,217 shares during the quarter. Los Angeles Capital Management LLC owned 0.58% of Commercial Vehicle Group worth $1,368,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new stake in Commercial Vehicle Group in the 3rd quarter valued at about $34,000. Aigen Investment Management LP purchased a new stake in Commercial Vehicle Group in the third quarter valued at $92,000. WINTON GROUP Ltd purchased a new position in shares of Commercial Vehicle Group during the 3rd quarter worth approximately $98,000. SG Americas Securities LLC purchased a new position in shares of Commercial Vehicle Group during the third quarter worth $101,000. Finally, Mackenzie Financial Corp purchased a new stake in shares of Commercial Vehicle Group in the 3rd quarter valued at $100,000. 72.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CVGI shares. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 target price on shares of Commercial Vehicle Group in a research report on Monday. TheStreet upgraded shares of Commercial Vehicle Group from a “d+” rating to a “c” rating in a report on Monday, March 4th. Finally, StockNews.com downgraded shares of Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 14th.

Commercial Vehicle Group Price Performance

CVGI stock opened at $5.60 on Thursday. Commercial Vehicle Group, Inc. has a 1 year low of $4.89 and a 1 year high of $11.96. The firm has a market capitalization of $189.76 million, a P/E ratio of 4.27, a P/E/G ratio of 0.33 and a beta of 2.69. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.26 and a quick ratio of 1.38. The business’s 50-day moving average is $6.24 and its two-hundred day moving average is $6.46.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Tuesday, March 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.06). Commercial Vehicle Group had a net margin of 4.97% and a return on equity of 20.22%. The firm had revenue of $223.09 million during the quarter, compared to analyst estimates of $225.22 million. During the same period last year, the business earned $0.04 EPS. Analysts anticipate that Commercial Vehicle Group, Inc. will post 0.83 earnings per share for the current fiscal year.

Commercial Vehicle Group Profile

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.