MHProNews has learned from financial-market-news that Dimensional Fund Advisers LP raised its stake in manufactured and modular home builder Cavco Industries, Inc.(NASDAQ:CVCO) by 8.8 percent during Q4 2015. After purchasing an additional 29,519 shares, the firm now owns 366,796 shares of Cavco stock.
Dimensional now owns 4.12 percent of Cavco Industries with a value of $30,558,000, according to a 13F filing with the Securities and Exchange Commission (SEC).
Meanwhile, EAM LLC Investors acquired 47,618 shares of Cavco stock in Q4 2015 valued at approximately $3,967,000, according to its most recent 13F filing with the SEC. This transaction gives EAM a stake of 0.53 percent in Cavco at the end of the most recent quarter.
Headquartered in Phoenix, Arizona, Cavco Industries produces factory-built homes and markets them throughout the United States.
Equities analysts forecasts Cavco Industries, Inc. will post $3.13 earnings per share for the current fiscal year. ##
(Photo credit: franklinnews-post/Stacey Hairston–Cavco facility in Rocky Mount, VA)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.