Cavco Industries INC (CVCO) Holder Gendell Jeffrey L Lifted Its Position by $9.79 Million as Stock Price Declined

Cavco Industries, Inc. (NASDAQ:CVCO) LogoInvestors sentiment increased to 1.11 in Q4 2018. Its up 0.16, from 0.95 in 2018Q3. It improved, as 35 investors sold CVCO shares while 47 reduced holdings. 32 funds opened positions while 59 raised stakes. 8.43 million shares or 4.86% more from 8.03 million shares in 2018Q3 were reported. Ameriprise Financial, Minnesota-based fund reported 365,762 shares. Budros Ruhlin And Roe Inc, Ohio-based fund reported 4,851 shares. Pinebridge Investments Ltd Partnership holds 1,978 shares. California Employees Retirement System has 0% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 14,626 shares. Dubuque National Bank & Trust Tru Com stated it has 46 shares or 0% of all its holdings. 1,976 were accumulated by Victory Cap Management Incorporated. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 0.01% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 2,933 shares. Prudential owns 52,165 shares or 0.01% of their US portfolio. Foundry Ptnrs Limited Liability Co invested in 0.14% or 15,071 shares. Stifel Corp accumulated 56,435 shares. Glenmede Trust Com Na stated it has 0% in Cavco Industries, Inc. (NASDAQ:CVCO). 8,008 were reported by Barclays Public Ltd Limited Liability Company. Anchor Capital Advsr Limited Com invested in 18,309 shares. Louisiana State Employees Retirement Systems owns 3,240 shares. Gabelli Funds Limited Liability Corp holds 0.12% of its portfolio in Cavco Industries, Inc. (NASDAQ:CVCO) for 129,900 shares.

Gendell Jeffrey L increased its stake in Cavco Industries Inc (CVCO) by 2795.8% based on its latest 2018Q4 regulatory filing with the SEC. Gendell Jeffrey L bought 75,291 shares as the company’s stock declined 19.50% while stock markets rallied. The institutional investor held 77,984 shares of the basic industries company at the end of 2018Q4, valued at $10.17M, up from 2,693 at the end of the previous reported quarter. Gendell Jeffrey L who had been investing in Cavco Industries Inc for a number of months, seems to be bullish on the $1.07 billion market cap company. The stock decreased 3.13% or $3.79 during the last trading session, reaching $117.37. About 154,619 shares traded or 63.50% up from the average. Cavco Industries, Inc. (NASDAQ:CVCO) has declined 16.00% since March 17, 2018 and is downtrending. It has underperformed by 20.37% the S&P500.

Gendell Jeffrey L, which manages about $543.38M US Long portfolio, decreased its stake in Universal Forest Products (NASDAQ:UFPI) by 327,252 shares to 85,156 shares, valued at $2.21 million in 2018Q4, according to the filing. It also reduced its holding in United Continental Holdings (NYSE:UAL) by 327,850 shares in the quarter, leaving it with 145,132 shares, and cut its stake in Citigroup Inc (NYSE:C).

More notable recent Cavco Industries, Inc. (NASDAQ:CVCO) news were published by: Globenewswire.com which released: “Cavco Industries Reports Fiscal 2019 Third Quarter Results and Corporate Update – GlobeNewswire” on February 04, 2019, also Globenewswire.com with their article: “Cavco Industries Names Mickey R. Dragash General Counsel, Chief Compliance Officer and Corporate Secretary – GlobeNewswire” published on February 07, 2019, Globenewswire.com published: “Factors of Influence in 2019, Key Indicators and Opportunity within Sierra Wireless, United States Steel, CareDx, Cedar Fair, Unitil, and Cavco Industries — New Research Emphasizes Economic Growth – GlobeNewswire” on February 19, 2019. More interesting news about Cavco Industries, Inc. (NASDAQ:CVCO) were released by: Globenewswire.com and their article: “Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2019 Third Quarter Earnings Release and Conference Call Webcast – GlobeNewswire” published on January 28, 2019 as well as Fool.com‘s news article titled: “Cavco Industries Inc (CVCO) Q3 2019 Earnings Conference Call Transcript – Motley Fool” with publication date: February 05, 2019.

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

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