EntryPoint Capital LLC acquired a new position in AutoNation, Inc. (NYSE:AN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,997 shares of the company's stock, valued at approximately $679,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in AutoNation by 3.4% in the 3rd quarter. Victory Capital Management Inc. now owns 11,323 shares of the company's stock valued at $2,026,000 after acquiring an additional 368 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of AutoNation by 2.7% in the 3rd quarter. Natixis Advisors LLC now owns 16,197 shares of the company's stock worth $2,898,000 after purchasing an additional 426 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in AutoNation by 1.6% during the third quarter. Thrivent Financial for Lutherans now owns 11,173 shares of the company's stock valued at $1,999,000 after purchasing an additional 181 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in AutoNation by 4.6% during the third quarter. Pathstone Holdings LLC now owns 20,361 shares of the company's stock worth $3,643,000 after buying an additional 889 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in AutoNation by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 320,888 shares of the company's stock worth $57,413,000 after buying an additional 19,015 shares during the last quarter. Institutional investors own 94.62% of the company's stock.
AutoNation Stock Down 2.7 %
Shares of AutoNation stock traded down $4.34 on Friday, hitting $158.94. 710,688 shares of the company traded hands, compared to its average volume of 448,330. AutoNation, Inc. has a 12-month low of $150.08 and a 12-month high of $198.50. The company has a 50-day moving average price of $179.76 and a 200 day moving average price of $173.62. The company has a quick ratio of 0.21, a current ratio of 0.74 and a debt-to-equity ratio of 1.39. The company has a market cap of $6.24 billion, a PE ratio of 9.38, a PEG ratio of 3.51 and a beta of 1.32.
AutoNation (NYSE:AN - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $4.97 earnings per share (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%. Sell-side analysts predict that AutoNation, Inc. will post 18.15 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on AN shares. 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 report on Thursday. StockNews.com upgraded AutoNation from a "hold" rating to a "buy" rating in a report on Thursday, February 13th. Stephens raised their target price on shares of AutoNation from $195.00 to $200.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 12th. Guggenheim restated a "buy" rating on shares of AutoNation in a report on Wednesday, February 12th. Finally, Evercore ISI upped their price target on shares of AutoNation from $220.00 to $240.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $201.86.
Check Out Our Latest Report on AN
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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