Commercial Vehicle Group, Inc. (CVGI) Shares Bought by Northern Trust Corp

Northern Trust Corp raised its stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 313.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305,218 shares of the company’s stock after buying an additional 231,445 shares during the period. Northern Trust Corp owned approximately 0.99% of Commercial Vehicle Group worth $2,579,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royce & Associates LP increased its holdings in shares of Commercial Vehicle Group by 17.5% in the second quarter. Royce & Associates LP now owns 1,848,637 shares of the company’s stock valued at $15,621,000 after buying an additional 274,781 shares in the last quarter. Eagle Boston Investment Management Inc. raised its stake in Commercial Vehicle Group by 3.0% during the 2nd quarter. Eagle Boston Investment Management Inc. now owns 1,024,538 shares of the company’s stock valued at $8,657,000 after purchasing an additional 30,189 shares during the period. Bank of America Corp DE raised its stake in Commercial Vehicle Group by 50.6% during the 1st quarter. Bank of America Corp DE now owns 125,727 shares of the company’s stock valued at $851,000 after purchasing an additional 42,216 shares during the period. Teachers Advisors LLC acquired a new stake in Commercial Vehicle Group during the 2nd quarter valued at $378,000. Finally, TIAA CREF Investment Management LLC acquired a new stake in Commercial Vehicle Group during the 2nd quarter valued at $910,000. 76.44% of the stock is currently owned by institutional investors.

Shares of Commercial Vehicle Group, Inc. (CVGI) opened at $11.07 on Wednesday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.44 and a current ratio of 2.09. Commercial Vehicle Group, Inc. has a one year low of $5.15 and a one year high of $11.85. The stock has a market cap of $344.90, a price-to-earnings ratio of 33.09 and a beta of 1.00.

Commercial Vehicle Group (NASDAQ:CVGI) last posted its quarterly earnings results on Monday, November 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate 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 business had revenue of $198.30 million for the quarter, compared to analysts’ expectations of $173.90 million. During the same period in the previous year, the company posted $0.07 EPS. Commercial Vehicle Group’s revenue was up 29.1% on a year-over-year basis. equities research analysts anticipate that Commercial Vehicle Group, Inc. will post 0.32 earnings per share for the current year.

Several analysts have issued reports on the stock. ValuEngine downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Friday, August 11th.

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About Commercial Vehicle Group

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.

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

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