Luminus Management LLC lifted its holdings in Celadon Group, Inc. (NYSE:CGI) by 69.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,190,950 shares of the transportation company’s stock after buying an additional 490,137 shares during the quarter. Luminus Management LLC’s holdings in Celadon Group were worth $7,622,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Royce & Associates LP lifted its stake in Celadon Group by 1.5% in the 3rd quarter. Royce & Associates LP now owns 680,634 shares of the transportation company’s stock valued at $4,594,000 after acquiring an additional 10,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Celadon Group by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,256,834 shares of the transportation company’s stock valued at $7,109,000 after acquiring an additional 12,500 shares in the last quarter. BlueCrest Capital Management Ltd bought a new stake in Celadon Group in the 4th quarter valued at approximately $104,000. Wells Fargo & Company MN lifted its stake in Celadon Group by 164.6% in the 4th quarter. Wells Fargo & Company MN now owns 26,806 shares of the transportation company’s stock valued at $171,000 after acquiring an additional 16,676 shares in the last quarter. Finally, Phoenix Investment Adviser LLC lifted its stake in Celadon Group by 8.4% in the 3rd quarter. Phoenix Investment Adviser LLC now owns 276,712 shares of the transportation company’s stock valued at $1,868,000 after acquiring an additional 21,436 shares in the last quarter. Institutional investors and hedge funds own 86.12% of the company’s stock.
Shares of Celadon Group, Inc. (CGI) opened at $4.50 on Tuesday. The company has a market capitalization of $128.76, a P/E ratio of 22.75 and a beta of 1.87. Celadon Group, Inc. has a 12 month low of $1.30 and a 12 month high of $8.52.
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Celadon Group, Inc (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada.
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