Barclays PLC decreased its position in America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) by 71.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,060 shares of the company's stock after selling 25,030 shares during the quarter. Barclays PLC owned about 0.16% of America's Car-Mart worth $421,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in CRMT. Bank of New York Mellon Corp increased its position in America's Car-Mart by 8.2% during the second quarter. Bank of New York Mellon Corp now owns 25,897 shares of the company's stock worth $1,559,000 after buying an additional 1,963 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of America's Car-Mart by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 10,006 shares of the company's stock valued at $602,000 after acquiring an additional 381 shares during the last quarter. Foster & Motley Inc. raised its stake in shares of America's Car-Mart by 20.3% in the 2nd quarter. Foster & Motley Inc. now owns 6,525 shares of the company's stock valued at $393,000 after acquiring an additional 1,100 shares in the last quarter. Magnolia Group LLC lifted its holdings in America's Car-Mart by 6.7% in the 2nd quarter. Magnolia Group LLC now owns 768,410 shares of the company's stock worth $46,266,000 after purchasing an additional 48,460 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in America's Car-Mart by 12.1% during the second quarter. American Century Companies Inc. now owns 8,371 shares of the company's stock worth $504,000 after purchasing an additional 905 shares during the period. Institutional investors and hedge funds own 89.10% of the company's stock.
America's Car-Mart Stock Performance
Shares of America's Car-Mart stock traded down $0.59 during trading on Friday, reaching $49.22. The company's stock had a trading volume of 74,203 shares, compared to its average volume of 76,451. The business's fifty day moving average price is $47.52 and its 200-day moving average price is $52.32. America's Car-Mart, Inc. has a one year low of $37.98 and a one year high of $74.10. The firm has a market cap of $406.21 million, a price-to-earnings ratio of -60.02, a price-to-earnings-growth ratio of 3.13 and a beta of 1.64.
Wall Street Analyst Weigh In
Separately, Stephens raised shares of America's Car-Mart from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd.
Check Out Our Latest Stock Report on CRMT
About America's Car-Mart
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Free Report)
America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer for the used car market in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas.
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