Royce & Associates LP Acquires 93,805 Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Royce & Associates LP grew its holdings in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 4.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,253,611 shares of the company’s stock after buying an additional 93,805 shares during the period. Royce & Associates LP owned approximately 6.53% of Commercial Vehicle Group worth $5,589,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Empowered Funds LLC boosted its stake in Commercial Vehicle Group by 5.3% during the third quarter. Empowered Funds LLC now owns 99,361 shares of the company’s stock worth $323,000 after acquiring an additional 4,958 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Commercial Vehicle Group by 129.9% during the third 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 period. State Street Corp boosted its position in shares of 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 purchasing an additional 4,527 shares in the last quarter. Barclays PLC grew its stake in shares of 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 buying an additional 32,633 shares during the period. Finally, Geode Capital Management LLC increased its position in Commercial Vehicle Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 704,325 shares of the company’s stock valued at $2,289,000 after buying an additional 16,145 shares in the last quarter. Institutional investors and hedge funds own 72.32% of the company’s stock.

Commercial Vehicle Group Stock Up 1.3 %

Shares of NASDAQ:CVGI opened at $1.54 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 2.31. Commercial Vehicle Group, Inc. has a 52-week low of $1.49 and a 52-week high of $6.64. The business’s 50 day simple moving average is $2.01 and its two-hundred day simple moving average is $2.51. The firm has a market cap of $53.13 million, a P/E ratio of 1.51, a PEG ratio of 0.43 and a beta of 2.39.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results 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). The firm had revenue of $163.29 million during the quarter, compared to the consensus estimate of $158.37 million. Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. As a group, research analysts forecast 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.