Barclays PLC Buys 32,633 Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Barclays PLC lifted its stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 283.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,156 shares of the company’s stock after acquiring an additional 32,633 shares during the period. Barclays PLC owned 0.13% of Commercial Vehicle Group worth $143,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of Commercial Vehicle Group by 2.3% during the third quarter. Geode Capital Management LLC now owns 704,325 shares of the company’s stock worth $2,289,000 after buying an additional 16,145 shares during the period. State Street Corp lifted its position in Commercial Vehicle Group by 0.7% during the 3rd quarter. State Street Corp now owns 644,880 shares of the company’s stock worth $2,096,000 after acquiring an additional 4,527 shares during the period. BNP Paribas Financial Markets grew its stake in Commercial Vehicle Group by 129.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 43,869 shares of the company’s stock valued at $143,000 after purchasing an additional 24,786 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Commercial Vehicle Group by 5.3% in the third quarter. Empowered Funds LLC now owns 99,361 shares of the company’s stock worth $323,000 after purchasing an additional 4,958 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Commercial Vehicle Group by 79.0% in the third quarter. Private Advisor Group LLC now owns 220,051 shares of the company’s stock worth $715,000 after purchasing an additional 97,091 shares during the last quarter. 72.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

Commercial Vehicle Group Trading Down 3.6 %

Shares of NASDAQ:CVGI opened at $2.16 on Thursday. The firm has a market capitalization of $74.52 million, a price-to-earnings ratio of 2.12, a price-to-earnings-growth ratio of 0.47 and a beta of 2.38. The business’s 50 day moving average price is $2.32 and its 200-day moving average price is $3.19. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.31 and a quick ratio of 1.43. Commercial Vehicle Group, Inc. has a 1 year low of $2.02 and a 1 year high of $6.97.

Insider Transactions at Commercial Vehicle Group

In other news, Director Wayne M. Rancourt purchased 15,000 shares of the stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of $2.58 per share, with a total value of $38,700.00. Following the transaction, the director now owns 157,783 shares in the company, valued at $407,080.14. The trade was a 10.51 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.30% of the company’s stock.

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.