CreativeOne Wealth LLC Buys 1,690 Shares of AutoNation, Inc. (NYSE:AN)

CreativeOne Wealth LLC raised its stake in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 60.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,473 shares of the company's stock after buying an additional 1,690 shares during the quarter. CreativeOne Wealth LLC's holdings in AutoNation were worth $760,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AN. Orion Portfolio Solutions LLC acquired a new position in shares of AutoNation in the 3rd quarter valued at approximately $201,000. Barclays PLC grew its position in shares of AutoNation by 5.4% in the 3rd quarter. Barclays PLC now owns 43,987 shares of the company's stock valued at $7,870,000 after purchasing an additional 2,263 shares during the period. Geode Capital Management LLC grew its position in shares of AutoNation by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 433,730 shares of the company's stock valued at $77,623,000 after purchasing an additional 18,588 shares during the period. McIlrath & Eck LLC grew its position in shares of AutoNation by 16.4% in the 3rd quarter. McIlrath & Eck LLC now owns 964 shares of the company's stock valued at $172,000 after purchasing an additional 136 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of AutoNation in the 3rd quarter valued at approximately $242,000. 94.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citigroup initiated coverage on AutoNation in a research report on Wednesday. They issued a "buy" rating and a $217.00 price objective for the company. JPMorgan Chase & Co. cut their target price on AutoNation from $195.00 to $175.00 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. StockNews.com cut AutoNation from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. Stephens boosted their target price on AutoNation from $195.00 to $200.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company cut their target price on AutoNation from $194.00 to $176.00 and set an "equal weight" rating on the stock in a research note on Monday. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $200.75.

AutoNation Stock Performance

Shares of AN traded up $3.09 during midday trading on Wednesday, reaching $172.14. The stock had a trading volume of 84,883 shares, compared to its average volume of 505,378. The firm has a 50 day simple moving average of $170.33 and a 200-day simple moving average of $172.58. AutoNation, Inc. has a one year low of $148.33 and a one year high of $198.50. The firm has a market cap of $6.76 billion, a PE ratio of 10.16, a P/E/G ratio of 3.51 and a beta of 1.15. The company has a current ratio of 0.74, a quick ratio of 0.21 and a debt-to-equity ratio of 1.39.

AutoNation (NYSE:AN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $4.97 EPS for the quarter, beating 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%. As a group, sell-side analysts anticipate that AutoNation, Inc. will post 18.15 EPS for the current year.

AutoNation Profile

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.