Boston Trust Walden Corp Has $82.77 Million Position in Cavco Industries, Inc. (NASDAQ:CVCO)

Boston Trust Walden Corp reduced its position in shares of Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,281 shares of the construction company's stock after selling 2,765 shares during the period. Boston Trust Walden Corp owned approximately 2.34% of Cavco Industries worth $82,771,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CVCO. Blue Trust Inc. grew its holdings in Cavco Industries by 9,900.0% during the second quarter. Blue Trust Inc. now owns 100 shares of the construction company's stock worth $35,000 after acquiring an additional 99 shares during the period. GAMMA Investing LLC increased its stake in Cavco Industries by 30.2% in the 3rd quarter. GAMMA Investing LLC now owns 276 shares of the construction company's stock worth $118,000 after purchasing an additional 64 shares in the last quarter. nVerses Capital LLC purchased a new position in Cavco Industries in the 2nd quarter worth about $138,000. SG Americas Securities LLC purchased a new position in Cavco Industries in the 1st quarter worth about $197,000. Finally, TradeLink Capital LLC purchased a new position in Cavco Industries in the 2nd quarter worth about $202,000. 95.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cavco Industries

In other news, Director Steven G. Bunger sold 4,000 shares of Cavco Industries stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $409.20, for a total transaction of $1,636,800.00. Following the completion of the sale, the director now directly owns 6,547 shares in the company, valued at $2,679,032.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CAO Paul Bigbee sold 88 shares of Cavco Industries stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $401.40, for a total transaction of $35,323.20. Following the completion of the sale, the chief accounting officer now directly owns 1,081 shares in the company, valued at $433,913.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven G. Bunger sold 4,000 shares of the business's stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $409.20, for a total value of $1,636,800.00. Following the completion of the sale, the director now owns 6,547 shares of the company's stock, valued at approximately $2,679,032.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,663 shares of company stock valued at $1,882,930 in the last 90 days. 1.60% of the stock is currently owned by corporate insiders.

Cavco Industries Trading Down 0.8 %

NASDAQ:CVCO traded down $3.24 on Friday, hitting $413.03. 28,610 shares of the company's stock traded hands, compared to its average volume of 64,446. Cavco Industries, Inc. has a 1 year low of $233.84 and a 1 year high of $452.42. The firm has a 50-day moving average price of $418.52 and a 200-day moving average price of $385.28. The company has a market cap of $3.42 billion, a PE ratio of 22.51 and a beta of 1.24.

Cavco Industries (NASDAQ:CVCO - Get Free Report) last released its earnings results on Thursday, August 1st. The construction company reported $4.11 earnings per share for the quarter, missing the consensus estimate of $4.97 by ($0.86). Cavco Industries had a net margin of 8.12% and a return on equity of 14.23%. The business had revenue of $477.60 million for the quarter, compared to analysts' expectations of $487.80 million. During the same period last year, the firm earned $5.29 EPS. On average, research analysts forecast that Cavco Industries, Inc. will post 17.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Craig Hallum lifted their price target on Cavco Industries from $382.00 to $422.00 and gave the stock a "buy" rating in a research note on Monday, August 5th. Wedbush lifted their price target on Cavco Industries from $425.00 to $455.00 and gave the stock an "outperform" rating in a research note on Friday, October 11th.

Cavco Industries Company Profile

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.