Gendell Jeffrey L Decreased Cavco Inds Inc Del (NASDAQ:CVCO) Stake By $14.41 Million

August 13, 2018 - By Tamara Reed

Cavco Industries, Inc. (NASDAQ:CVCO) LogoInvestors sentiment decreased to 0.92 in 2018 Q1. Its down 0.31, from 1.23 in 2017Q4. It dropped, as 12 investors sold CVCO shares while 59 reduced holdings. 24 funds opened positions while 41 raised stakes. 8.08 million shares or 0.85% less from 8.15 million shares in 2017Q4 were reported. Louisiana State Employees Retirement Sys invested 0.03% in Cavco Industries, Inc. (NASDAQ:CVCO). Morgan Stanley has invested 0% in Cavco Industries, Inc. (NASDAQ:CVCO). Profund Advsrs Ltd Liability Com holds 0.01% or 1,226 shares. Prudential Fincl Inc holds 16,810 shares or 0% of its portfolio. Deutsche Commercial Bank Ag stated it has 0% in Cavco Industries, Inc. (NASDAQ:CVCO). Qs Invsts Llc holds 0% or 4 shares in its portfolio. 8,472 were accumulated by Advisory. Acadian Asset Limited Com has 218 shares. 3,819 are owned by Los Angeles Cap Mngmt & Equity Rech Inc. Schwab Charles Invest Mgmt reported 42,699 shares stake. Moreover, Us Bancorporation De has 0% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 182 shares. Texas Permanent School Fund has invested 0.01% in Cavco Industries, Inc. (NASDAQ:CVCO). Brinker Inc has 0.03% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 5,123 shares. 16 are owned by Meeder Asset Mngmt. Swiss Savings Bank holds 14,800 shares.

Since February 27, 2018, it had 0 buys, and 1 insider sale for $1.21 million activity.

Gendell Jeffrey L decreased its stake in Cavco Inds Inc Del (NASDAQ:CVCO) by 61.22% based on its latest 2018Q2 regulatory filing with the SEC. Gendell Jeffrey L sold 69,597 shares as the company’s stock rose 4.92% while stock markets declined. The institutional investor held 44,085 shares of the basic industries company at the end of 2018Q2, valued at $9.15 million, down from 113,682 at the end of the previous reported quarter. Gendell Jeffrey L who had been investing in Cavco Inds Inc Del for a number of months, seems to be less bullish one the $2.07B market cap company. It closed at $228.2 lastly. It is down 56.53% since August 13, 2017 and is uptrending. It has outperformed by 43.96% the S&P500.

Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. The company has market cap of $2.07 billion. The firm operates in two divisions, Factory-Built Housing and Financial Services. It has a 30.35 P/E ratio. It markets its manufactured homes under the brand names of Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship Homes, Chariot Eagle, and Lexington Homes.

More important recent Cavco Industries, Inc. (NASDAQ:CVCO) news were published by: Benzinga.com which released: “Earnings Scheduled For August 6, 2018” on August 06, 2018, also Globenewswire.com published article titled: “Cavco Industries Reports Fiscal 2019 First Quarter Results”, Gurufocus.com published: “Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2019 First Quarter Earnings Release and Conference Call …” on July 31, 2018. More interesting news about Cavco Industries, Inc. (NASDAQ:CVCO) was released by: Seekingalpha.com and their article: “Cavco Industries, Inc. (CVCO) CEO Joseph Stegmayer on Q1 2019 Results – Earnings Call Transcript” with publication date: August 11, 2018.

Cavco Industries, Inc. (NASDAQ:CVCO) Institutional Positions Chart

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