New York Condition Instructors Retirement Procedure acquired a new stake in Cars.com Inc. (NYSE:Vehicles – Get Rating) during the 4th quarter, HoldingsChannel studies. The fund bought 19,692 shares of the company’s inventory, valued at close to $317,000.
Other institutional traders and hedge resources have also lately designed changes to their positions in the firm. Monarch Partners Asset Administration LLC elevated its stake in shares of Cars.com by 74.6% in the third quarter. Monarch Partners Asset Administration LLC now owns 300,275 shares of the company’s inventory valued at $3,798,000 soon after getting an extra 128,320 shares during the time period. Euclidean Systems Administration LLC purchased a new stake in shares of Autos.com in the third quarter valued at $199,000. O Shaughnessy Asset Management LLC increased its stake in Automobiles.com by 84.3% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 23,901 shares of the company’s inventory truly worth $303,000 after purchasing an extra 10,932 shares throughout the period. State of Alaska Department of Revenue obtained a new place in Cars.com in the 4th quarter truly worth about $739,000. Last but not least, Teacher Retirement Method of Texas bought a new placement in Cars and trucks.com in the 3rd quarter value about $137,000. 94.65% of the inventory is now owned by institutional traders and hedge funds.
In other information, insider James F. Rogers bought 5,105 shares of the firm’s stock in a transaction dated Friday, March 4th. The shares had been offered at an common value of $15.38, for a overall benefit of $78,514.90. The transaction was disclosed in a lawful submitting with the SEC, which can be accessed through this website link. Also, insider James F. Rogers bought 13,895 shares of the firm’s inventory in a transaction dated Monday, March 7th. The shares had been sold at an typical price tag of $15.25, for a overall transaction of $211,898.75. The disclosure for this sale can be observed listed here. 1.20% of the stock is owned by corporate insiders.
Separately, Northcoast Research began protection on shares of Automobiles.com in a study note on Wednesday, February 2nd. They issued a “neutral” score on the inventory. Two analysts have rated the inventory with a hold ranking and three have assigned a get ranking to the company’s stock. Based on details from MarketBeat.com, Cars and trucks.com has an common ranking of “Buy” and a consensus price tag goal of $21.00.
Cars stock opened at $13.25 on Thursday. The organization has a personal debt-to-equity ratio of 1.25, a present-day ratio of 1.56 and a quick ratio of 1.56. Vehicles.com Inc. has a 12 month low of $11.53 and a 12 thirty day period superior of $19.09. The firm’s 50-day relocating average is $15.12 and its 200 working day going regular is $14.70. The enterprise has a industry capitalization of $916.50 million, a PE ratio of 132.51 and a beta of 2.00.
About Vehicles.com (Get Rating)
Cars and trucks.com Inc, by way of its subsidiaries, operates as a electronic automotive marketplace that connects local car dealers to buyers in the United States. The enterprise offers a suite of digital solutions that generates connections in between individuals looking into vehicles or seeking to invest in a car or truck with automobile dealerships and automotive initial tools brands.
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Want to see what other hedge resources are holding Cars? Pay a visit to HoldingsChannel.com to get the most up-to-date 13F filings and insider trades for Cars.com Inc. (NYSE:Autos – Get Rating).
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