Valeo Financial Advisors LLC lessened its stake in Celadon Group, Inc. (NYSE:CGI) by 31.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 25,666 shares of the transportation company’s stock after selling 12,030 shares during the period. Valeo Financial Advisors LLC’s holdings in Celadon Group were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. Callahan Advisors LLC bought a new stake in Celadon Group in the 3rd quarter worth approximately $145,000. Acadian Asset Management LLC bought a new stake in shares of Celadon Group during the 4th quarter valued at $139,000. Trexquant Investment LP bought a new stake in shares of Celadon Group during the 3rd quarter valued at $163,000. Wells Fargo & Company MN grew its position in shares of Celadon Group by 164.6% during 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 during the period. Finally, Alliancebernstein L.P. bought a new stake in shares of Celadon Group during the 2nd quarter valued at $227,000. 86.39% of the stock is owned by institutional investors and hedge funds.
Shares of Celadon Group, Inc. (CGI) opened at $4.00 on Thursday. Celadon Group, Inc. has a 1 year low of $1.30 and a 1 year high of $9.20. The stock has a market cap of $118.86, a price-to-earnings ratio of 21.00 and a beta of 1.64.
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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