Villanova Investment Management Co LLC Makes New Investment in Cars.com Inc. (NYSE:CARS)

Villanova Investment Management Co LLC bought a new position in shares of Cars.com Inc. (NYSE:CARS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 224,464 shares of the company's stock, valued at approximately $3,890,000. Cars.com comprises 3.5% of Villanova Investment Management Co LLC's holdings, making the stock its 4th biggest position. Villanova Investment Management Co LLC owned about 0.35% of Cars.com at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CARS. Smartleaf Asset Management LLC lifted its position in Cars.com by 193.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,638 shares of the company's stock worth $29,000 after acquiring an additional 1,079 shares during the last quarter. KBC Group NV increased its stake in shares of Cars.com by 68.2% in the fourth quarter. KBC Group NV now owns 3,885 shares of the company's stock worth $67,000 after purchasing an additional 1,575 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Cars.com by 41.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 5,155 shares of the company's stock worth $89,000 after purchasing an additional 1,516 shares during the last quarter. Principal Securities Inc. boosted its stake in Cars.com by 22.1% during the 4th quarter. Principal Securities Inc. now owns 8,786 shares of the company's stock valued at $152,000 after purchasing an additional 1,592 shares during the period. Finally, Vestcor Inc acquired a new stake in Cars.com in the 4th quarter valued at approximately $156,000. 89.15% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Cars.com from $17.00 to $14.00 and set a "neutral" rating for the company in a report on Thursday, March 27th. DA Davidson cut their target price on shares of Cars.com from $21.00 to $14.50 and set a "buy" rating for the company in a research note on Friday, February 28th. Finally, Barrington Research restated an "outperform" rating and issued a $25.00 price target on shares of Cars.com in a research report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $19.90.

Cars.com Stock Performance

Shares of NYSE CARS traded up $0.02 during trading hours on Friday, reaching $10.71. The stock had a trading volume of 1,471,792 shares, compared to its average volume of 581,916. The company has a market cap of $683.80 million, a price-to-earnings ratio of 18.47 and a beta of 1.92. Cars.com Inc. has a twelve month low of $9.87 and a twelve month high of $21.24. The business's fifty day moving average is $14.29 and its two-hundred day moving average is $16.35. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.79 and a quick ratio of 1.79.

About Cars.com

Cars.com Inc, through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers.