5,611 Shares in AutoNation, Inc. (NYSE:AN) Acquired by Peak Retirement Planning Inc.

Peak Retirement Planning Inc. acquired a new stake in shares of AutoNation, Inc. (NYSE:AN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,611 shares of the company's stock, valued at approximately $952,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in AutoNation by 25.5% during the 4th quarter. NewEdge Advisors LLC now owns 315 shares of the company's stock worth $54,000 after acquiring an additional 64 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of AutoNation by 2.0% in the fourth 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 last quarter. Focus Partners Wealth acquired a new stake in AutoNation in the fourth quarter valued at $503,000. Foster & Motley Inc. raised its position in 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 last quarter. Finally, Norges Bank acquired a new position in AutoNation during the 4th quarter worth about $38,136,000. 94.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered 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. Wells Fargo & Company dropped their target price on AutoNation from $194.00 to $176.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Guggenheim decreased their price target on AutoNation from $212.00 to $183.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Stephens raised their price objective on AutoNation from $195.00 to $200.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 12th. Finally, Citigroup upgraded shares of AutoNation to a "strong-buy" rating in a research note on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $200.75.

AutoNation Price Performance

Shares of AutoNation stock traded down $0.80 during trading on Thursday, hitting $182.02. The stock had a trading volume of 107,076 shares, compared to its average volume of 457,993. The company has a current ratio of 0.74, a quick ratio of 0.21 and a debt-to-equity ratio of 1.39. AutoNation, Inc. has a 12 month low of $148.33 and a 12 month high of $198.50. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 10.74, a P/E/G ratio of 3.51 and a beta of 1.00. The business's 50-day moving average is $173.21 and its 200 day moving average is $175.65.

AutoNation (NYSE:AN - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.35 by $0.33. AutoNation had a return on equity of 30.48% and a net margin of 2.59%. The firm had revenue of $6.69 billion for the quarter, compared to analysts' expectations of $6.53 billion. During the same quarter last year, the firm posted $4.49 EPS. The company's revenue was up 3.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that AutoNation, Inc. will post 18.15 earnings per share 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.