LSV Asset Management lowered its position in AutoNation, Inc. (NYSE:AN - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 676,615 shares of the company's stock after selling 69,360 shares during the quarter. LSV Asset Management owned about 1.71% of AutoNation worth $114,916,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in AN. Boston Partners grew its stake in AutoNation by 12.6% in the fourth quarter. Boston Partners now owns 1,814,228 shares of the company's stock worth $309,312,000 after purchasing an additional 203,335 shares during the period. State Street Corp raised its position in shares of AutoNation by 2.3% during the third quarter. State Street Corp now owns 854,034 shares of the company's stock valued at $152,804,000 after buying an additional 19,037 shares during the last quarter. Alliancebernstein L.P. increased its position in AutoNation by 23.3% in the fourth quarter. Alliancebernstein L.P. now owns 851,870 shares of the company's stock worth $144,682,000 after purchasing an additional 160,794 shares during the last quarter. Geode Capital Management LLC increased its position in shares of AutoNation by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 435,363 shares of the company's stock valued at $73,965,000 after purchasing an additional 1,633 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in AutoNation by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 327,165 shares of the company's stock worth $55,566,000 after purchasing an additional 6,277 shares during the period. Institutional investors own 94.62% of the company's stock.
AutoNation Stock Performance
Shares of AN traded down $0.51 during mid-day trading on Wednesday, reaching $163.39. 83,976 shares of the company's stock traded hands, compared to its average volume of 457,307. AutoNation, Inc. has a 12 month low of $148.33 and a 12 month high of $198.50. The stock has a market capitalization of $6.41 billion, a P/E ratio of 9.65, a price-to-earnings-growth ratio of 3.51 and a beta of 1.15. The business's 50-day moving average price is $173.04 and its 200-day moving average price is $172.88. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.21 and a current ratio of 0.74.
AutoNation (NYSE:AN - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $4.97 EPS for the quarter, topping analysts' consensus estimates of $4.26 by $0.71. AutoNation had a net margin of 2.59% and a return on equity of 30.48%. Equities analysts predict that AutoNation, Inc. will post 18.15 earnings per share for the current year.
Analyst Ratings Changes
AN has been the topic of several recent research reports. StockNews.com cut AutoNation from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. Stephens lifted their price target on AutoNation from $195.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 12th. Guggenheim restated a "buy" rating on shares of AutoNation in a report on Wednesday, February 12th. Evercore ISI boosted their price target on shares of AutoNation from $220.00 to $240.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company lifted their price target on shares of AutoNation from $170.00 to $194.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $201.86.
View Our Latest Stock Analysis on AN
About AutoNation
(
Free Report)
AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.
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