Mitsubishi UFJ Trust & Banking Corp Has $6.33 Million Stock Holdings in AutoNation, Inc. (NYSE:AN)

Mitsubishi UFJ Trust & Banking Corp reduced its position in AutoNation, Inc. (NYSE:AN - Free Report) by 25.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 37,277 shares of the company's stock after selling 12,916 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.09% of AutoNation worth $6,331,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in AN. Simcoe Capital Management LLC bought a new stake in AutoNation in the 3rd quarter valued at about $42,255,000. Boston Partners raised its position in shares of AutoNation by 12.6% in the fourth quarter. Boston Partners now owns 1,814,228 shares of the company's stock valued at $309,312,000 after buying an additional 203,335 shares in the last quarter. Holocene Advisors LP bought a new stake in shares of AutoNation in the third quarter valued at approximately $20,046,000. Assenagon Asset Management S.A. acquired a new stake in AutoNation during the fourth quarter worth approximately $13,239,000. Finally, Raymond James Financial Inc. acquired a new stake in AutoNation during the fourth quarter worth approximately $7,836,000. Institutional investors own 94.62% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on AN. Stephens upped 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. Wells Fargo & Company upped their price objective on shares of AutoNation from $170.00 to $194.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 12th. Evercore ISI raised their target price on shares of AutoNation from $220.00 to $240.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Guggenheim reaffirmed a "buy" rating on shares of AutoNation in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lowered 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. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $201.86.

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AutoNation Price Performance

AN stock traded down $0.74 during trading on Friday, reaching $158.63. 688,564 shares of the company were exchanged, compared to its average volume of 451,887. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 3.51 and a beta of 1.15. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.74 and a quick ratio of 0.21. The company has a 50-day moving average of $177.57 and a two-hundred day moving average of $173.61. AutoNation, Inc. has a twelve month low of $141.37 and a twelve month high of $198.50.

AutoNation (NYSE:AN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $4.97 earnings per share (EPS) 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%. As a group, equities analysts predict that AutoNation, Inc. will post 18.15 earnings per share for the current fiscal year.

About AutoNation

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.