Victory Capital Management Inc. increased its position in shares of Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) by 119.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,096 shares of the construction company's stock after purchasing an additional 4,408 shares during the period. Victory Capital Management Inc. owned 0.10% of Cavco Industries worth $2,806,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Group One Trading L.P. bought a new stake in shares of Cavco Industries during the third quarter valued at approximately $26,000. Headinvest LLC bought a new position in shares of Cavco Industries during the 3rd quarter valued at about $26,000. GAMMA Investing LLC purchased a new position in shares of Cavco Industries during the fourth quarter valued at about $77,000. Simplex Trading LLC purchased a new position in Cavco Industries during the 4th quarter valued at approximately $140,000. Finally, Quantbot Technologies LP bought a new stake in Cavco Industries in the 3rd quarter worth approximately $164,000. Hedge funds and other institutional investors own 95.56% of the company's stock.
Cavco Industries Stock Performance
Shares of CVCO traded up $2.42 during mid-day trading on Friday, hitting $374.21. 60,522 shares of the stock were exchanged, compared to its average volume of 61,439. The firm has a 50-day moving average of $375.84 and a two-hundred day moving average of $340.81. Cavco Industries, Inc. has a 52-week low of $233.84 and a 52-week high of $400.99. The company has a market cap of $3.12 billion, a PE ratio of 18.81 and a beta of 1.16.
Cavco Industries Profile
(
Free Report)
Cavco Industries, Inc designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands.
See Also
Before you consider Cavco Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cavco Industries wasn't on the list.
While Cavco Industries currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
