Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its holdings in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 14.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 79,252 shares of the company’s stock after selling 13,417 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.23% of Commercial Vehicle Group worth $197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CVGI. SG Americas Securities LLC raised its stake in shares of Commercial Vehicle Group by 54.3% in the 4th quarter. SG Americas Securities LLC now owns 22,180 shares of the company’s stock valued at $55,000 after acquiring an additional 7,803 shares during the period. BNP Paribas Financial Markets increased its holdings in Commercial Vehicle Group by 129.9% in 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 in the last quarter. Barclays PLC increased its holdings in Commercial Vehicle Group by 283.2% in the 3rd quarter. Barclays PLC now owns 44,156 shares of the company’s stock valued at $143,000 after purchasing an additional 32,633 shares in the last quarter. JPMorgan Chase & Co. raised its position in Commercial Vehicle Group by 51.0% in the third quarter. JPMorgan Chase & Co. now owns 72,333 shares of the company’s stock valued at $235,000 after purchasing an additional 24,437 shares during the period. Finally, Empowered Funds LLC lifted its stake in shares of Commercial Vehicle Group by 5.9% during the fourth quarter. Empowered Funds LLC now owns 105,246 shares of the company’s stock worth $261,000 after purchasing an additional 5,885 shares in the last quarter. 72.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Commercial Vehicle Group from a “hold” rating to a “sell” rating in a report on Friday, March 21st.

Commercial Vehicle Group Trading Up 1.7 %

NASDAQ CVGI opened at $1.17 on Wednesday. The stock has a market cap of $40.53 million, a P/E ratio of 1.15, a PEG ratio of 0.43 and a beta of 2.39. The company’s fifty day simple moving average is $1.86 and its 200-day simple moving average is $2.38. The company has a current ratio of 2.31, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70. Commercial Vehicle Group, Inc. has a 52 week low of $1.11 and a 52 week high of $6.64.

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

About Commercial Vehicle Group

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.