Commerce Group Inc (NYSE:CGI) Institutional Investors Sentiment Index Increased in Q4 2017

May 19, 2018 - By reb123z

Celadon Group, Inc. (NYSE:CGI) Logo

Sentiment for Commerce Group Inc (NYSE:CGI)

Commerce Group Inc (NYSE:CGI) institutional sentiment increased to 1.22 in Q4 2017. Its up 0.65, from 0.57 in 2017Q3. The ratio has increased, as 39 hedge funds opened new and increased equity positions, while 32 sold and reduced holdings in Commerce Group Inc. The hedge funds in our partner’s database now own: 23.13 million shares, up from 22.85 million shares in 2017Q3. Also, the number of hedge funds holding Commerce Group Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 12 Reduced: 20 Increased: 25 New Position: 14.

Celadon Group, Inc., through its subsidiaries, provides transportation services between the United States, Canada, and Mexico. The company has market cap of $. It operates through three divisions: Asset-Based, Asset-Light, and Equipment Leasing and Services. It currently has negative earnings. The Asset-Based segment offers dry van, refrigerated, and flatbed services; cross-border services between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada services; contract services; regional and specialized short haul services; and rail intermodal services.

It closed at $3.45 lastly. It is up 42.86% since May 19, 2017 and is downtrending. It has underperformed by 54.41% the S&P500.

Litespeed Management L.L.C. holds 7.04% of its portfolio in Celadon Group, Inc. for 1.14 million shares. Towle & Co owns 2.51 million shares or 1.59% of their US portfolio. Moreover, Phoenix Investment Adviser Llc has 1.29% invested in the company for 211,198 shares. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.31% in the stock. Luminus Management Llc, a New York-based fund reported 1.19 million shares.

Another recent and important Celadon Group, Inc. (NYSE:CGI) news was published by Prnewswire.com which published an article titled: “CELADON INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC …” on April 28, 2018.

Celadon Group, Inc. (NYSE:CGI) Institutional Positions Chart

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