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

August 13, 2018 - By Billy Entrekin

Cavco Industries, Inc. (NASDAQ:CVCO) LogoInvestors sentiment decreased to 0.92 in 2018 Q1. Its down 0.31, from 1.23 in 2017Q4. It turned negative, 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. Wells Fargo And Mn holds 88,529 shares or 0% of its portfolio. Aqr Capital Ltd Company has 0% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 4,033 shares. Ubs Asset Mgmt Americas Incorporated reported 3,223 shares stake. Osterweis Capital Mngmt invested 0.3% of its portfolio in Cavco Industries, Inc. (NASDAQ:CVCO). Advisory Research owns 8,472 shares. Victory Management accumulated 0% or 1,764 shares. Principal Financial Gru stated it has 0.01% in Cavco Industries, Inc. (NASDAQ:CVCO). Envestnet Asset Mngmt holds 0% or 1,712 shares in its portfolio. Renaissance Lc holds 0.06% or 325,600 shares in its portfolio. California State Teachers Retirement Systems holds 0% of its portfolio in Cavco Industries, Inc. (NASDAQ:CVCO) for 13,016 shares. American Century Incorporated stated it has 31,469 shares or 0.01% of all its holdings. Neuberger Berman Gru Ltd Liability Corp owns 5,066 shares. Fmr Ltd Liability Com has invested 0.02% of its portfolio in Cavco Industries, Inc. (NASDAQ:CVCO). 1,973 were reported by Art Ltd Liability Corporation. Schwab Charles Invest Management Inc reported 0.01% of its portfolio in Cavco Industries, Inc. (NASDAQ:CVCO).

Since February 27, 2018, it had 0 buys, and 1 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 $9.15M, 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: Globenewswire.com which released: “Cavco Industries Reports Fiscal 2019 First Quarter Results” on August 06, 2018, also Benzinga.com published article titled: “Earnings Scheduled For August 6, 2018”, Seekingalpha.com published: “Cavco Industries, Inc. (CVCO) CEO Joseph Stegmayer on Q1 2019 Results – Earnings Call Transcript” on August 11, 2018. More interesting news about Cavco Industries, Inc. (NASDAQ:CVCO) was released by: Gurufocus.com and their article: “Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2019 First Quarter Earnings Release and Conference Call …” with publication date: July 31, 2018.

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

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