111 Capital Acquires New Holdings in AutoNation, Inc. (NYSE:AN)

111 Capital bought a new position in AutoNation, Inc. (NYSE:AN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,384 shares of the company's stock, valued at approximately $235,000.

Other institutional investors and hedge funds have also modified their holdings of the company. NewEdge Advisors LLC increased its holdings in shares of AutoNation by 25.5% in the 4th quarter. NewEdge Advisors LLC now owns 315 shares of the company's stock worth $54,000 after buying an additional 64 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of AutoNation by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 327,165 shares of the company's stock worth $55,566,000 after purchasing an additional 6,277 shares during the period. Focus Partners Wealth purchased a new position in shares of AutoNation during the 4th quarter worth about $503,000. Foster & Motley Inc. boosted its stake in shares of AutoNation by 97.4% during the 4th quarter. Foster & Motley Inc. now owns 11,640 shares of the company's stock worth $1,977,000 after purchasing an additional 5,742 shares during the period. Finally, Norges Bank purchased a new position in shares of AutoNation during the 4th quarter worth about $38,136,000. Hedge funds and other institutional investors own 94.62% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on AN. Citigroup raised shares of AutoNation to a "strong-buy" rating in a research report on Thursday, April 24th. Cfra Research raised shares of AutoNation to a "strong-buy" rating in a research note on Friday, April 25th. Wells Fargo & Company decreased their target price on shares of AutoNation from $194.00 to $176.00 and set an "equal weight" rating for the company in a research report on Monday, April 21st. Guggenheim decreased their target price on shares of AutoNation from $212.00 to $183.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. decreased their target price 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 investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $200.75.

AutoNation Stock Down 1.0%

Shares of AN stock traded down $1.94 during trading on Wednesday, reaching $183.40. The company's stock had a trading volume of 264,004 shares, compared to its average volume of 458,630. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.74 and a quick ratio of 0.21. AutoNation, Inc. has a 1-year low of $148.33 and a 1-year high of $198.50. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 10.83, a P/E/G ratio of 3.51 and a beta of 1.00. The stock's 50-day moving average price is $174.63 and its 200 day moving average price is $176.23.

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

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.