4,287 Shares in AutoNation, Inc. (NYSE:AN) Purchased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. acquired a new position in shares of AutoNation, Inc. (NYSE:AN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,287 shares of the company's stock, valued at approximately $694,000.

Other institutional investors also recently modified their holdings of the company. Truist Financial Corp grew its position in AutoNation by 13.4% in the fourth quarter. Truist Financial Corp now owns 6,029 shares of the company's stock worth $1,024,000 after acquiring an additional 712 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in AutoNation by 19.7% during the fourth quarter. Handelsbanken Fonder AB now owns 7,300 shares of the company's stock worth $1,240,000 after purchasing an additional 1,200 shares during the last quarter. Amalgamated Bank boosted its holdings in shares of AutoNation by 1.4% in the 4th quarter. Amalgamated Bank now owns 12,416 shares of the company's stock worth $2,109,000 after purchasing an additional 168 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of AutoNation during the 4th quarter valued at about $7,009,000. Finally, Prosperitas Financial LLC increased its position in shares of AutoNation by 9.0% during the 4th quarter. Prosperitas Financial LLC now owns 15,363 shares of the company's stock valued at $2,609,000 after purchasing an additional 1,267 shares during the last quarter. 94.62% of the stock is currently owned by institutional investors.

AutoNation Trading Down 0.2%

Shares of AutoNation stock traded down $0.41 during midday trading on Monday, reaching $198.53. 310,905 shares of the company's stock traded hands, compared to its average volume of 458,534. The stock has a 50 day moving average of $185.49 and a 200-day moving average of $178.59. AutoNation, Inc. has a 12 month low of $148.33 and a 12 month high of $203.18. The company has a market cap of $7.48 billion, a PE ratio of 11.75, a price-to-earnings-growth ratio of 1.02 and a beta of 0.99. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.22 and a current ratio of 0.77.

AutoNation (NYSE:AN - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported $4.68 EPS for the quarter, topping the consensus estimate of $4.35 by $0.33. The business had revenue of $6.69 billion during the quarter, compared to analyst estimates of $6.53 billion. AutoNation had a net margin of 2.51% and a return on equity of 30.08%. The company's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the business earned $4.49 EPS. As a group, equities analysts expect that AutoNation, Inc. will post 18.15 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on AN. Guggenheim dropped their target price on AutoNation from $212.00 to $183.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Cfra Research upgraded shares of AutoNation to a "strong-buy" rating in a report on Friday, April 25th. JPMorgan Chase & Co. cut their price objective on shares of AutoNation from $195.00 to $175.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Citigroup raised shares of AutoNation to a "strong-buy" rating in a report on Thursday, April 24th. Finally, Wells Fargo & Company lowered their price target on shares of AutoNation from $194.00 to $176.00 and set an "equal weight" rating for the company in a research note on Monday, April 21st. Three analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.75.

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.