The Cavco Industries, Inc. (CVCO) Position Held by Paradigm Asset Management Co. LLC, Report finds

A number of other large investors also recently made changes to their positions in CVCO. GW&K Investment Management LLC increased its position in Cavco Industries by 27.6% in the third quarter. GW&K Investment Management LLC now owns 96,786 shares of the company’s stock worth $9,587,000 after buying an additional 20,957 shares during the period. Algert Global LLC increased its position in Cavco Industries by 36.5% in the third quarter. Algert Global LLC now owns 10,824 shares of the company’s stock worth $1,072,000 after buying an additional 2,895 shares during the period. Cupps Capital Management LLC increased its position in Cavco Industries by 6.6% in the third quarter. Cupps Capital Management LLC now owns 16,476 shares of the company’s stock worth $1,631,000 after buying an additional 1,021 shares during the period. Royal Bank of Canada increased its position in Cavco Industries by 1.9% in the second quarter. Royal Bank of Canada now owns 97,905 shares of the company’s stock worth $9,174,000 after buying an additional 1,804 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in Cavco Industries by 1.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 28,125 shares of the company’s stock worth $2,636,000 after buying an additional 468 shares during the period. Institutional investors own 94.64% of the company’s stock.

Paradigm Asset Management Co. LLC held its stake in shares of Cavco Industries, Inc. (NASDAQ:CVCO) during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,200 shares of the company’s stock at the end of the fourth quarter. Paradigm Asset Management Co. LLC’s holdings in Cavco Industries were worth $120,000 at the end of the most recent reporting period.

Cavco Industries, Inc. (NASDAQ:CVCO) traded up 0.81% on Monday, reaching $112.10. 11,661 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $99.25 and a 200-day moving average of $98.16. Cavco Industries, Inc. has a one year low of $73.41 and a one year high of $112.40. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 29.89 and a beta of 1.58.

Cavco Industries (NASDAQ:CVCO) last posted its quarterly earnings results on Monday, February 6th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.38. The business earned $202.31 million during the quarter, compared to the consensus estimate of $186.95 million. Cavco Industries had a net margin of 4.52% and a return on equity of 9.29%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 earnings per share. Equities research analysts forecast that Cavco Industries, Inc. will post $4.00 EPS for the current fiscal year.

About Cavco Industries

Cavco Industries, Inc designs and produces factory-built homes. The Company operates through two segments: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. Its factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers.

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