Arosa Capital Management LP Sells 3,000 Shares of AutoNation, Inc. (NYSE:AN)

Arosa Capital Management LP lessened its position in AutoNation, Inc. (NYSE:AN - Free Report) by 33.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,000 shares of the company's stock after selling 3,000 shares during the period. Arosa Capital Management LP's holdings in AutoNation were worth $1,019,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Fortitude Family Office LLC boosted 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 purchasing an additional 128 shares during the period. Global X Japan Co. Ltd. lifted its stake in 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 last quarter. NewEdge Advisors LLC boosted its stake in AutoNation by 25.5% in the fourth quarter. NewEdge Advisors LLC now owns 315 shares of the company's stock valued at $54,000 after buying an additional 64 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of AutoNation by 77.1% in the 4th quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock valued at $84,000 after purchasing an additional 215 shares in the last quarter. Finally, McIlrath & Eck LLC grew its holdings in shares of AutoNation by 16.4% during 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 during the last quarter. Institutional investors and hedge funds own 94.62% of the company's stock.

AutoNation Trading Up 1.0 %

NYSE AN traded up $1.74 during mid-day trading on Friday, reaching $176.76. 180,897 shares of the stock were exchanged, compared to its average volume of 454,148. 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 stock has a market cap of $6.94 billion, a P/E ratio of 10.44, a P/E/G ratio of 3.51 and a beta of 1.15. The stock has a 50 day simple moving average of $168.17 and a 200-day simple moving average of $172.92. AutoNation, Inc. has a one year low of $148.33 and a one year high of $198.50.

AutoNation (NYSE:AN - Get Free Report) last announced its earnings results on Friday, April 25th. The company reported $4.68 EPS for the quarter, beating the consensus estimate of $4.35 by $0.33. The company had revenue of $6.69 billion for the quarter, compared to analyst estimates of $6.53 billion. AutoNation had a return on equity of 30.48% and a net margin of 2.59%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.49 EPS. On average, analysts anticipate that AutoNation, Inc. will post 18.15 EPS for the current year.

Analysts Set New Price Targets

AN has been the topic of a number of research analyst reports. Wells Fargo & Company cut their target price on shares of AutoNation from $194.00 to $176.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Evercore ISI boosted their price objective on 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. dropped their target price on AutoNation from $195.00 to $175.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Guggenheim reduced their price target on AutoNation from $212.00 to $183.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Finally, Stephens raised their price objective 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. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $200.75.

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.