Gabelli Funds Adds $2M in Cavco Industries, Inc. ($CVCO)
Key Points
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Gabelli Funds increased its position in Cavco Industries, Inc. ($CVCO) by 8.21% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,300 shares of Cavco Industries, Inc. after buying 3,890 shares during the quarter. Gabelli Funds's holdings in Cavco Industries, Inc. were worth $31.86 million as of its most recent filing.
Cavco Industries, Inc. Stock Up 9.2%
Shares of Cavco Industries, Inc. ($CVCO) traded around $620.98 on Sunday, up 9.2% for the day.
Cavco Industries, Inc. Earnings
Analysts Set New Price Targets
About Cavco Industries, Inc.
Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments: Factory-Built Housing and Financial Services. The company produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. It also produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. In addition, the company provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Further, it offers property and casualty insurance to owners of manufactured housing industry. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
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