Commercial Vehicle Group (CVGI) : Weber Alan W scooped up 4,366 additional shares in Commercial Vehicle Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 208,922 shares of Commercial Vehicle Group which is valued at $881,651.Commercial Vehicle Group makes up approximately 0.56% of Weber Alan W’s portfolio.
Other Hedge Funds, Including , O’shaughnessy Asset Management added CVGI to its portfolio by purchasing 4,010 company shares during the most recent quarter which is valued at $16,922.Blackrock Institutional Trust Company N.a. reduced its stake in CVGI by selling 224,259 shares or 30.75% in the most recent quarter. The Hedge Fund company now holds 504,965 shares of CVGI which is valued at $2,130,952. Neuberger Berman Group added CVGI to its portfolio by purchasing 20,000 company shares during the most recent quarter which is valued at $88,600.First Manhattan Co reduced its stake in CVGI by selling 1,000 shares or 0.2% in the most recent quarter. The Hedge Fund company now holds 498,265 shares of CVGI which is valued at $2,292,019. Commercial Vehicle Group makes up approx 0.01% of First Manhattan Co’s portfolio.
Commercial Vehicle Group opened for trading at $5.1 and hit $5.39 on the upside on Tuesday, eventually ending the session at $5.35, with a gain of 6.15% or 0.31 points. The heightened volatility saw the trading volume jump to 3,21,451 shares. Company has a market cap of $164 M.
Many Wall Street Analysts have commented on Commercial Vehicle Group. Seaport Global Securities Downgraded Commercial Vehicle Group on Jul 6, 2016 to ” Neutral”, Price Target of the shares are set at $5.Company shares were Upgraded by Seaport Global Securities on May 17, 2016 to ” Buy”, Firm has raised the Price Target to $ 5 from a previous price target of $3 .
Commercial Vehicle Group Inc. (CVG) is a supplier of a range of cab related products and systems for the global commercial vehicle market including the medium-and heavy-duty truck (MD/HD Truck) market the medium-and heavy-construction vehicle market and the military bus agriculture specialty transportation mining industrial equipment and off-road recreational markets. 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 seats and seating systems; trim systems and components; cab structures sleeper boxes body panels and structural components and mirrors wipers and controls. The GCA Segment offers electronic wire harnesses and panel assemblies; seats and seating systems; office seating and wipers systems.