Celadon Group, Inc. (CGI) Position Reduced by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in Celadon Group, Inc. (NYSE:CGI) by 15.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 151,481 shares of the transportation company’s stock after selling 27,500 shares during the period. GSA Capital Partners LLP owned approximately 0.54% of Celadon Group worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. raised its holdings in shares of Celadon Group by 3.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 76,567 shares of the transportation company’s stock valued at $502,000 after purchasing an additional 2,907 shares during the period. Metropolitan Life Insurance Co. NY lifted its stake in Celadon Group by 25.2% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 20,920 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 4,212 shares during the last quarter. Geode Capital Management LLC lifted its stake in Celadon Group by 3.0% in the 1st quarter. Geode Capital Management LLC now owns 223,626 shares of the transportation company’s stock valued at $1,464,000 after purchasing an additional 6,410 shares during the last quarter. Credit Suisse AG lifted its stake in Celadon Group by 14.9% in the 1st quarter. Credit Suisse AG now owns 52,737 shares of the transportation company’s stock valued at $345,000 after purchasing an additional 6,835 shares during the last quarter. Finally, 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 purchasing an additional 10,000 shares during the last quarter. 85.19% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine raised shares of Celadon Group from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Celadon Group has a consensus rating of “Buy” and an average target price of $12.00.

Shares of Celadon Group, Inc. (NYSE:CGI) opened at $6.40 on Monday. The company has a market cap of $181.11, a price-to-earnings ratio of 32.00 and a beta of 1.88. Celadon Group, Inc. has a twelve month low of $1.30 and a twelve month high of $9.61.

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Celadon Group Company Profile

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.

Institutional Ownership by Quarter for Celadon Group (NYSE:CGI)

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