22,958 Shares in Group 1 Automotive, Inc. (NYSE:GPI) Acquired by Leeward Investments LLC MA

Leeward Investments LLC MA purchased a new position in Group 1 Automotive, Inc. (NYSE:GPI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 22,958 shares of the company's stock, valued at approximately $8,769,000. Leeward Investments LLC MA owned approximately 0.18% of Group 1 Automotive as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bessemer Group Inc. increased its holdings in Group 1 Automotive by 119.4% in the fourth quarter. Bessemer Group Inc. now owns 68 shares of the company's stock valued at $29,000 after buying an additional 37 shares during the last quarter. Fifth Third Bancorp grew its position in Group 1 Automotive by 24.8% in the 1st quarter. Fifth Third Bancorp now owns 146 shares of the company's stock valued at $56,000 after buying an additional 29 shares during the last quarter. NBC Securities Inc. purchased a new position in Group 1 Automotive during the first quarter worth about $87,000. GAMMA Investing LLC boosted its holdings in Group 1 Automotive by 95.9% in the 1st quarter. GAMMA Investing LLC now owns 237 shares of the company's stock valued at $91,000 after purchasing an additional 116 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Group 1 Automotive in the 4th quarter valued at approximately $144,000. Institutional investors and hedge funds own 99.92% of the company's stock.

Insider Activity

In related news, CFO Daniel James Mchenry sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $441.71, for a total transaction of $1,325,130.00. Following the transaction, the chief financial officer owned 16,674 shares in the company, valued at $7,365,072.54. This trade represents a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Michael David Jones sold 1,613 shares of the firm's stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $405.57, for a total transaction of $654,184.41. Following the transaction, the vice president owned 8,260 shares in the company, valued at $3,350,008.20. This represents a 16.34% decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is owned by corporate insiders.

Group 1 Automotive Stock Down 1.0%

Shares of NYSE:GPI traded down $4.76 during trading on Monday, hitting $461.24. The company's stock had a trading volume of 119,386 shares, compared to its average volume of 149,153. The company has a market capitalization of $5.97 billion, a PE ratio of 12.95, a PEG ratio of 1.16 and a beta of 0.90. The stock's 50-day moving average price is $432.53 and its two-hundred day moving average price is $429.21. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 1.00. Group 1 Automotive, Inc. has a fifty-two week low of $279.86 and a fifty-two week high of $490.09.

Group 1 Automotive (NYSE:GPI - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $10.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.68 by $0.49. The business had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.37 billion. Group 1 Automotive had a net margin of 2.27% and a return on equity of 17.96%. The company's revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $9.49 EPS. As a group, sell-side analysts expect that Group 1 Automotive, Inc. will post 41 EPS for the current year.

Group 1 Automotive Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a dividend of $0.50 per share. The ex-dividend date was Monday, June 2nd. This represents a $2.00 annualized dividend and a yield of 0.43%. Group 1 Automotive's dividend payout ratio (DPR) is 5.61%.

Wall Street Analysts Forecast Growth

GPI has been the subject of a number of research reports. Wall Street Zen downgraded shares of Group 1 Automotive from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. Citigroup boosted their price objective on shares of Group 1 Automotive from $463.00 to $495.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Guggenheim cut shares of Group 1 Automotive from a "buy" rating to a "neutral" rating in a research note on Wednesday, May 14th. Benchmark assumed coverage on Group 1 Automotive in a research report on Tuesday, June 24th. They set a "hold" rating on the stock. Finally, JPMorgan Chase & Co. decreased their price target on Group 1 Automotive from $495.00 to $435.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $473.00.

Group 1 Automotive Profile

Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.