Inceptionr LLC boosted its stake in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 66.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,868 shares of the company's stock after buying an additional 2,334 shares during the quarter. Inceptionr LLC's holdings in AutoNation were worth $997,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its holdings in AutoNation by 581.8% during the 4th quarter. Fortitude Family Office LLC now owns 150 shares of the company's stock valued at $25,000 after buying an additional 128 shares in the last quarter. Global X Japan Co. Ltd. raised its holdings 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 purchasing an additional 95 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of AutoNation by 403.6% in the 3rd quarter. Venturi Wealth Management LLC now owns 282 shares of the company's stock valued at $50,000 after purchasing an additional 226 shares in the last quarter. McIlrath & Eck LLC raised its holdings 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 in the last quarter. Finally, Orion Portfolio Solutions LLC bought a new stake in shares of AutoNation in the 3rd quarter valued at about $201,000. Institutional investors own 94.62% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on AN. Wells Fargo & Company boosted their price target on shares of AutoNation from $170.00 to $194.00 and gave the company an "equal weight" rating 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 company an "outperform" rating in a report on Tuesday, February 18th. Stephens boosted their price target on shares of AutoNation from $195.00 to $200.00 and gave the company 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, StockNews.com upgraded shares of AutoNation from a "hold" rating to a "buy" rating in a report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, AutoNation has an average rating of "Moderate Buy" and a consensus price target of $204.71.
Get Our Latest Analysis on AN
AutoNation Stock Down 0.4 %
Shares of NYSE AN traded down $0.69 during trading hours on Friday, hitting $171.14. 544,263 shares of the stock were exchanged, compared to its average volume of 435,345. 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 $6.68 billion, a PE ratio of 10.10, a PEG ratio of 3.51 and a beta of 1.32. The firm has a fifty day moving average price of $182.31 and a 200-day moving average price of $174.48. AutoNation, Inc. has a 12 month low of $147.31 and a 12 month 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, topping the consensus estimate of $4.26 by $0.71. AutoNation had a net margin of 2.59% and a return on equity of 30.48%. On average, sell-side analysts expect that AutoNation, Inc. will post 18.15 EPS for the current year.
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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