Analysts at StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) in a research note issued to investors on Saturday. The firm set a “sell” rating on the stock.
Separately, TheStreet downgraded shares of Chicago Rivet & Machine from a “b-” rating to a “c+” rating in a research report on Tuesday, June 6th.
Read Our Latest Report on Chicago Rivet & Machine
Chicago Rivet & Machine Stock Down 6.0 %
Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) last announced its quarterly earnings data on Monday, August 7th. The company reported ($1.36) EPS for the quarter. The firm had revenue of $8.05 million for the quarter. Chicago Rivet & Machine had a net margin of 8.52% and a return on equity of 9.41%.
Institutional Trading of Chicago Rivet & Machine
A number of institutional investors and hedge funds have recently bought and sold shares of CVR. Vanguard Group Inc. increased its holdings in Chicago Rivet & Machine by 91.7% in the 1st quarter. Vanguard Group Inc. now owns 28,479 shares of the company’s stock valued at $746,000 after acquiring an additional 13,626 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Chicago Rivet & Machine by 1.0% in the 2nd quarter. Renaissance Technologies LLC now owns 49,210 shares of the company’s stock worth $1,402,000 after buying an additional 500 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of Chicago Rivet & Machine in the 2nd quarter worth about $41,000. Dimensional Fund Advisors LP increased its holdings in shares of Chicago Rivet & Machine by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 68,710 shares of the company’s stock worth $1,771,000 after buying an additional 576 shares during the last quarter. Finally, Advisor Group Holdings Inc. bought a new stake in shares of Chicago Rivet & Machine in the 4th quarter worth about $43,000. 22.36% of the stock is currently owned by institutional investors.
About Chicago Rivet & Machine
Chicago Rivet & Machine Co operates in the fastener industry in North America. The company operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment manufactures and sells automatic rivet setting machines and assembly equipment, as well as parts and tools for related machines.
Further Reading
- Five stocks we like better than Chicago Rivet & Machine
- What is the Australian Securities Exchange (ASX)
- MarketBeat Week in Review – 8/7 – 8/11
- How to Buy Metaverse Stock Step by Step
- 3 Retailers To Watch Closely Next Week
- How Investors Can Identify and Successfully Trade Gap-Up Stocks
- Investing in Coffee: 3 Great Strategies to Consider
Receive News & Ratings for Chicago Rivet & Machine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicago Rivet & Machine and related companies with MarketBeat.com's FREE daily email newsletter.
