Boston Trust Walden Corp Has $86.52 Million Stake in Cavco Industries, Inc. (NASDAQ:CVCO)

Boston Trust Walden Corp grew its position in shares of Cavco Industries, Inc. (NASDAQ:CVCO) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,895 shares of the construction company’s stock after acquiring an additional 614 shares during the quarter. Boston Trust Walden Corp owned 2.39% of Cavco Industries worth $86,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in Cavco Industries by 390.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 103 shares of the construction company’s stock worth $44,000 after purchasing an additional 82 shares in the last quarter. Avior Wealth Management LLC purchased a new stake in shares of Cavco Industries during the third quarter valued at approximately $64,000. Blue Trust Inc. lifted its holdings in Cavco Industries by 90.0% during the third quarter. Blue Trust Inc. now owns 190 shares of the construction company’s stock worth $81,000 after acquiring an additional 90 shares during the period. GAMMA Investing LLC boosted its position in Cavco Industries by 30.2% in the third quarter. GAMMA Investing LLC now owns 276 shares of the construction company’s stock worth $118,000 after purchasing an additional 64 shares during the last quarter. Finally, KBC Group NV boosted its position in Cavco Industries by 35.2% in the fourth quarter. KBC Group NV now owns 330 shares of the construction company’s stock worth $147,000 after purchasing an additional 86 shares during the last quarter. Institutional investors own 95.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wedbush downgraded shares of Cavco Industries from an “outperform” rating to a “neutral” rating and set a $480.00 price target on the stock. in a report on Tuesday, December 3rd. Craig Hallum increased their target price on shares of Cavco Industries from $422.00 to $495.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, StockNews.com cut shares of Cavco Industries from a “buy” rating to a “hold” rating in a report on Friday, December 20th.

Insider Buying and Selling

In other news, Director Susan L. Blount sold 750 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $485.56, for a total transaction of $364,170.00. Following the transaction, the director now directly owns 2,086 shares in the company, valued at approximately $1,012,878.16. This represents a 26.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Paul Bigbee sold 100 shares of Cavco Industries stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $512.23, for a total transaction of $51,223.00. Following the transaction, the chief accounting officer now directly owns 981 shares in the company, valued at $502,497.63. This trade represents a 9.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,850 shares of company stock worth $889,417. Corporate insiders own 1.60% of the company’s stock.

Cavco Industries Stock Performance

NASDAQ:CVCO opened at $508.64 on Monday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 25.03 and a beta of 1.35. Cavco Industries, Inc. has a 52-week low of $325.25 and a 52-week high of $544.08. The business’s fifty day moving average is $473.70 and its 200 day moving average is $438.71.

Cavco Industries (NASDAQ:CVCO) last posted its earnings results on Thursday, January 30th. The construction company reported $6.90 earnings per share for the quarter, topping analysts’ consensus estimates of $4.89 by $2.01. Cavco Industries had a net margin of 8.75% and a return on equity of 16.25%. Equities analysts predict that Cavco Industries, Inc. will post 18 EPS for the current fiscal year.

Cavco Industries 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.