SG Americas Securities LLC Buys 4,291 Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

SG Americas Securities LLC lifted its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 33.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,259 shares of the company’s stock after purchasing an additional 4,291 shares during the quarter. SG Americas Securities LLC owned 0.05% of Commercial Vehicle Group worth $121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Heron Bay Capital Management bought a new stake in shares of Commercial Vehicle Group during the 4th quarter valued at $116,000. Vanguard Group Inc. raised its stake in shares of Commercial Vehicle Group by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,536,486 shares of the company’s stock valued at $11,923,000 after purchasing an additional 25,540 shares during the period. Citigroup Inc. raised its stake in shares of Commercial Vehicle Group by 93.3% during the 3rd quarter. Citigroup Inc. now owns 53,765 shares of the company’s stock valued at $417,000 after purchasing an additional 25,957 shares during the period. American Century Companies Inc. grew its position in Commercial Vehicle Group by 44.0% during the third quarter. American Century Companies Inc. now owns 443,726 shares of the company’s stock worth $3,443,000 after buying an additional 135,586 shares in the last quarter. Finally, Deutsche Bank AG grew its position in Commercial Vehicle Group by 19.9% during the third quarter. Deutsche Bank AG now owns 17,796 shares of the company’s stock worth $138,000 after buying an additional 2,957 shares in the last quarter. 72.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. TheStreet upgraded Commercial Vehicle Group from a “d+” rating to a “c” rating in a research report on Monday, March 4th. Barrington Research restated an “outperform” rating and set a $10.00 target price on shares of Commercial Vehicle Group in a report on Monday, March 4th. Finally, StockNews.com cut Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 14th.

Commercial Vehicle Group Trading Down 0.9 %

CVGI opened at $6.20 on Friday. The business has a 50 day simple moving average of $6.40 and a two-hundred day simple moving average of $6.61. The firm has a market capitalization of $210.01 million, a price-to-earnings ratio of 4.19, a PEG ratio of 0.35 and a beta of 2.72. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.26 and a quick ratio of 1.38. Commercial Vehicle Group, Inc. has a one year low of $5.48 and a one year high of $11.96.

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