Quantbot Technologies LP Sells 5,653 Shares of AutoNation, Inc. (NYSE:AN)

Quantbot Technologies LP lowered its holdings in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 44.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,055 shares of the company's stock after selling 5,653 shares during the quarter. Quantbot Technologies LP's holdings in AutoNation were worth $1,198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC boosted its stake in AutoNation by 581.8% in the 4th quarter. Fortitude Family Office LLC now owns 150 shares of the company's stock worth $25,000 after purchasing an additional 128 shares during the period. Global X Japan Co. Ltd. lifted its holdings in shares of AutoNation by 150.8% in the fourth quarter. Global X Japan Co. Ltd. now owns 158 shares of the company's stock worth $27,000 after buying an additional 95 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of AutoNation by 77.1% during the fourth quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock worth $84,000 after acquiring an additional 215 shares during the last quarter. McIlrath & Eck LLC grew its stake in AutoNation by 16.4% during the third quarter. McIlrath & Eck LLC now owns 964 shares of the company's stock valued at $172,000 after acquiring an additional 136 shares in the last quarter. Finally, Curio Wealth LLC bought a new stake in AutoNation in the 4th quarter valued at $197,000. 94.62% of the stock is currently owned by institutional investors.

AutoNation Trading Down 2.7 %

Shares of NYSE:AN traded down $4.34 during trading on Friday, hitting $158.94. The company had a trading volume of 710,688 shares, compared to its average volume of 448,330. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 3.51 and a beta of 1.32. 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 fifty day simple moving average of $179.76 and a two-hundred day simple moving average of $173.62. AutoNation, Inc. has a one year low of $150.08 and a one year high of $198.50.

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AutoNation (NYSE:AN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $4.97 earnings per share for the quarter, topping 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, equities analysts forecast that AutoNation, Inc. will post 18.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AN has been the subject of several research reports. Wells Fargo & Company increased their price objective 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. JPMorgan Chase & Co. cut their price target on AutoNation from $195.00 to $175.00 and set a "neutral" rating for the company in a report on Thursday. Guggenheim reaffirmed a "buy" rating on shares of AutoNation in a report on Wednesday, February 12th. StockNews.com upgraded AutoNation from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. Finally, 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. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $201.86.

AutoNation Company Profile

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.