Brandywine Global Investment Management LLC reduced its position in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,423 shares of the company's stock after selling 4,331 shares during the period. Brandywine Global Investment Management LLC owned about 0.34% of AutoNation worth $23,000,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC grew its position in shares of AutoNation by 581.8% during the 4th quarter. Fortitude Family Office LLC now owns 150 shares of the company's stock worth $25,000 after buying an additional 128 shares during the period. Global X Japan Co. Ltd. grew its stake in shares of AutoNation by 150.8% in the 4th quarter. Global X Japan Co. Ltd. now owns 158 shares of the company's stock valued at $27,000 after buying an additional 95 shares during the period. Farther Finance Advisors LLC increased its position in AutoNation by 77.1% in the 4th quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock valued at $84,000 after buying an additional 215 shares in the last quarter. McIlrath & Eck LLC boosted its holdings in AutoNation by 16.4% in the third quarter. McIlrath & Eck LLC now owns 964 shares of the company's stock worth $172,000 after acquiring an additional 136 shares in the last quarter. Finally, Orion Portfolio Solutions LLC acquired a new stake in AutoNation in the third quarter valued at approximately $201,000. Institutional investors own 94.62% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. Evercore ISI lifted their price objective on shares of AutoNation from $220.00 to $240.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Wells Fargo & Company boosted their price objective on AutoNation from $170.00 to $194.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 12th. Stephens lifted their target price on AutoNation from $195.00 to $200.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 12th. JPMorgan Chase & Co. decreased their price target on AutoNation from $195.00 to $175.00 and set a "neutral" rating for the company in a report on Thursday, March 27th. Finally, StockNews.com upgraded AutoNation from a "hold" rating to a "buy" rating in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $201.86.
Check Out Our Latest Research Report on AN
AutoNation Stock Performance
Shares of NYSE:AN traded down $0.74 during midday trading on Friday, reaching $158.63. The company had a trading volume of 688,564 shares, compared to its average volume of 451,887. The stock has a market cap of $6.23 billion, a P/E ratio of 9.36, a P/E/G ratio of 3.51 and a beta of 1.15. The company's 50 day moving average price is $177.57 and its 200 day moving average price is $173.61. 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, Inc. has a 52-week low of $150.08 and a 52-week high of $198.50.
AutoNation (NYSE:AN - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $4.97 earnings per share 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 fiscal year.
AutoNation Profile
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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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