Follow The Dividend: Celadon Group, Inc. (NYSE:CGI) expected to pay $0.02 on Oct 21, 2016

Follow The Dividend: Celadon Group, Inc. (NYSE:CGI) expected to pay $0.02 on Oct 21, 2016

Celadon Group, Inc. (NYSE:CGI) is expected to pay $0.02 on Oct 21, 2016. The indicated annual dividend is $0.08. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Celadon Group, Inc.’s current price of $8.59, the dividend is 0.23%. This dividend’s record date is Oct 7, 2016 and the announcement date is Sep 20, 2016. The stock decreased 1.72% or $0.15 during the last trading session, hitting $8.59. Celadon Group, Inc. (NYSE:CGI) has declined 8.13% since March 1, 2016 and is downtrending. It has underperformed by 17.37% the S&P500.

Celadon Group, Inc. is a truckload freight transportation provider. The company has a market cap of $251.85 million. The Company’s divisions are asset-based, asset-light, and equipment leasing and services. It has a 9.69 P/E ratio. The Company’s services involve point-to-point shipping for its clients within the United States, between the United States and Mexico, and between the United States and Canada.

Insitutional Activity: The institutional sentiment decreased to 0.98 in Q2 2016. Its down 0.53, from 1.51 in 2016Q1. The ratio fall, as 17 funds sold all Celadon Group, Inc. shares owned while 36 reduced positions. 9 funds bought stakes while 43 increased positions. They now own 25.38 million shares or 1.80% less from 25.85 million shares in 2016Q1.
Diam Ltd owns 20,400 shares or 0% of their US portfolio. Teacher Retirement Of Texas holds 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI) for 3,796 shares. Prudential Finance Incorporated holds 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI) for 115,971 shares. California State Teachers Retirement Systems accumulated 0% or 56,966 shares. Moreover, Creative Planning has 0% invested in Celadon Group, Inc. (NYSE:CGI) for 3,160 shares. Wells Fargo & Com Mn holds 0% or 67,386 shares in its portfolio. Blackrock Gru holds 0% or 28,649 shares in its portfolio. The New York-based Natl Bank Of New York Mellon has invested 0% in Celadon Group, Inc. (NYSE:CGI). Pinebridge Lp owns 3,274 shares or 0% of their US portfolio. Louisiana State Employees Retirement System holds 12,200 shares or 0.01% of its portfolio. Teachers Retirement Sys Of The State Of Kentucky accumulated 0.01% or 60,984 shares. Invesco has 0% invested in the company for 1.24 million shares. Blackrock Advsr Limited Liability Com, a Delaware-based fund reported 12,350 shares. Keybank Association Oh holds 0% or 59,087 shares in its portfolio. Sg Americas Securities Ltd owns 10,254 shares or 0% of their US portfolio.

Celadon Group, Inc. (NYSE:CGI) Ratings Coverage

Out of 6 analysts covering Celadon Group (NYSE:CGI), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. Celadon Group has been the topic of 12 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Celadon Group, Inc. (NYSE:CGI) has “Outperform” rating given on Friday, October 30 by Cowen & Co. The stock of Celadon Group, Inc. (NYSE:CGI) has “Market Outperform” rating given on Wednesday, August 31 by Avondale. Cowen & Co maintained Celadon Group, Inc. (NYSE:CGI) on Friday, April 29 with “Outperform” rating. The stock of Celadon Group, Inc. (NYSE:CGI) earned “Hold” rating by Stifel Nicolaus on Friday, June 24. On Friday, July 31 the stock rating was maintained by Cowen & Co with “Outperform”. As per Tuesday, January 12, the company rating was maintained by KeyBanc Capital Markets.

More important recent Celadon Group, Inc. (NYSE:CGI) news were published by: Prnewswire.com which released: “Celadon Group Announces Details for Fiscal Fourth Quarter and Fiscal 2016 Year …” on August 23, 2016, also Prnewswire.com published article titled: “Celadon Group, Inc. Announces Sale of Tractor Portfolio, Joint Venture to Grow …”, Indystar.com published: “Celadon Group founder Steve Russell dies” on April 15, 2016. More interesting news about Celadon Group, Inc. (NYSE:CGI) was released by: Prnewswire.com and their article: “Celadon Group, Inc. Announces Acquisition Of Truckload Van Assets From Tango …” with publication date: October 01, 2015.

CGI Company Profile

Celadon Group, Inc. (Celadon), incorporated on July 24, 1986, is a truckload freight transportation provider. The Company’s divisions are asset-based, asset-light, and equipment leasing and services. The Company’s services involve point-to-point shipping for its clients within the United States, between the United States and Mexico, and between the United States and Canada. The Company’s primary asset services include the United States domestic dry van, refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; contract service; regional and specialized short haul service, and rail intermodal service.

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