Landscape Capital Management L.L.C. bought a new stake in AutoNation, Inc. (NYSE:AN - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,726 shares of the company's stock, valued at approximately $633,000.
A number of other hedge funds have also recently made changes to their positions in the company. Fortitude Family Office LLC raised its holdings in AutoNation by 581.8% in 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 during the last quarter. Global X Japan Co. Ltd. lifted its holdings in shares of AutoNation by 150.8% during the fourth quarter. Global X Japan Co. Ltd. now owns 158 shares of the company's stock worth $27,000 after purchasing an additional 95 shares during the period. Farther Finance Advisors LLC grew its stake in shares of AutoNation by 77.1% in the fourth quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock worth $84,000 after purchasing an additional 215 shares during the last quarter. McIlrath & Eck LLC increased its holdings in AutoNation by 16.4% in the third 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, Orion Portfolio Solutions LLC bought a new position in AutoNation during the 3rd quarter worth $201,000. 94.62% of the stock is owned by institutional investors and hedge funds.
AutoNation Stock Down 1.0 %
Shares of NYSE AN traded down $1.69 during midday trading on Friday, hitting $164.62. 100,347 shares of the stock traded hands, compared to its average volume of 457,331. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.21 and a current ratio of 0.74. The business has a 50 day moving average price of $174.68 and a two-hundred day moving average price of $173.15. AutoNation, Inc. has a one year low of $148.33 and a one year high of $198.50. The company has a market cap of $6.46 billion, a PE ratio of 9.73, a P/E/G ratio of 3.51 and a beta of 1.15.
AutoNation (NYSE:AN - Get Free Report) last released its quarterly earnings results 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 return on equity of 30.48% and a net margin of 2.59%. On average, equities analysts predict that AutoNation, Inc. will post 18.15 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on AN shares. Guggenheim reissued a "buy" rating on shares of AutoNation in a research note 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 report on Tuesday, February 18th. JPMorgan Chase & Co. decreased their price objective on shares of AutoNation from $195.00 to $175.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Stephens upped their price target on shares of AutoNation from $195.00 to $200.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 12th. Finally, Wells Fargo & Company lifted their price objective on AutoNation from $170.00 to $194.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $201.86.
View Our Latest Research 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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