Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Marshall Wace LLP acquired a new position in shares of Cars.com in the first quarter worth about $63,000. FMR LLC boosted its position in Cars.com by 26.7% during the first quarter. FMR LLC now owns 1,052,622 shares of the company’s stock valued at $24,000,000 after purchasing an additional 222,027 shares during the last quarter. First Trust Advisors LP increased its position in Cars.com by 2.3% in the 1st quarter. First Trust Advisors LP now owns 99,581 shares of the company’s stock worth $2,270,000 after purchasing an additional 2,205 shares during the last quarter. Lee Danner & Bass Inc. raised its stake in shares of Cars.com by 3.1% during the 2nd quarter. Lee Danner & Bass Inc. now owns 111,803 shares of the company’s stock worth $2,205,000 after purchasing an additional 3,411 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Cars.com by 16.4% in the 2nd quarter. KBC Group NV now owns 110,124 shares of the company’s stock valued at $2,172,000 after buying an additional 15,530 shares in the last quarter.
Shares of Cars.com opened at $12.25 recently. The company has a market cap of $814.50 million, a PE ratio of 8.97 and a beta of 1.18. Cars.com Inc. has a 1-year low of $8.23 and a 1-year high of $28.50. The company has a 50-day moving average of $12.54 and a two-hundred day moving average of $13.72. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.55.
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