Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Holdings Decreased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. reduced its holdings in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 20.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,691 shares of the company’s stock after selling 26,886 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.31% of Commercial Vehicle Group worth $262,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in shares of Commercial Vehicle Group by 54.3% in the fourth quarter. SG Americas Securities LLC now owns 22,180 shares of the company’s stock worth $55,000 after purchasing an additional 7,803 shares in the last quarter. Barclays PLC grew its holdings in shares of Commercial Vehicle Group by 283.2% during the 3rd quarter. Barclays PLC now owns 44,156 shares of the company’s stock valued at $143,000 after acquiring an additional 32,633 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Commercial Vehicle Group by 129.9% in the third quarter. BNP Paribas Financial Markets now owns 43,869 shares of the company’s stock worth $143,000 after acquiring an additional 24,786 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Commercial Vehicle Group by 51.0% during the third quarter. JPMorgan Chase & Co. now owns 72,333 shares of the company’s stock worth $235,000 after acquiring an additional 24,437 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Commercial Vehicle Group by 5.9% during the fourth quarter. Empowered Funds LLC now owns 105,246 shares of the company’s stock valued at $261,000 after purchasing an additional 5,885 shares during the last quarter. 72.32% of the stock is currently owned by institutional investors and hedge funds.

Commercial Vehicle Group Price Performance

NASDAQ CVGI opened at $1.41 on Monday. The company has a 50 day moving average price of $1.98 and a two-hundred day moving average price of $2.48. Commercial Vehicle Group, Inc. has a 12-month low of $1.40 and a 12-month high of $6.64. The stock has a market capitalization of $48.84 million, a PE ratio of 1.38, a price-to-earnings-growth ratio of 0.43 and a beta of 2.39. The company has a quick ratio of 1.43, a current ratio of 2.31 and a debt-to-equity ratio of 0.70.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings data on Monday, March 10th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. The business had revenue of $163.29 million during the quarter, compared to the consensus estimate of $158.37 million. As a group, equities analysts predict that Commercial Vehicle Group, Inc. will post 0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Commercial Vehicle Group from a “hold” rating to a “sell” rating in a research report on Friday.

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.