AutoNation, Inc. (NYSE:AN) Stock Holdings Trimmed by Tabor Asset Management LP

Tabor Asset Management LP decreased its stake in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 57.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,176 shares of the company's stock after selling 18,001 shares during the period. Tabor Asset Management LP's holdings in AutoNation were worth $2,238,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Global X Japan Co. Ltd. boosted its holdings in shares of 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 holdings in shares of AutoNation by 25.5% during the fourth quarter. NewEdge Advisors LLC now owns 315 shares of the company's stock worth $54,000 after purchasing an additional 64 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of AutoNation by 77.1% during the fourth quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock worth $84,000 after purchasing an additional 215 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of AutoNation during the fourth quarter worth $183,000. Finally, Curio Wealth LLC acquired a new stake in shares of AutoNation during the fourth quarter worth $197,000. Hedge funds and other institutional investors own 94.62% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on AN shares. Cfra Research upgraded AutoNation to a "strong-buy" rating in a report on Friday, April 25th. Evercore ISI raised their price objective on AutoNation from $220.00 to $240.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Wall Street Zen upgraded AutoNation from a "hold" rating to a "buy" rating in a report on Saturday, May 10th. Wells Fargo & Company reduced 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. Finally, Guggenheim reduced their target price on AutoNation from $212.00 to $183.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Three 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $200.75.

AutoNation Stock Up 0.9%

Shares of AN traded up $1.64 during midday trading on Friday, reaching $182.23. 423,290 shares of the company were exchanged, compared to its average volume of 458,511. The stock has a 50-day moving average price of $172.19 and a 200-day moving average price of $175.30. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 10.76, a P/E/G ratio of 3.51 and a beta of 1.00. AutoNation, Inc. has a 1-year low of $148.33 and a 1-year high of $198.50. 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 (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 analysts' consensus estimates of $4.35 by $0.33. AutoNation had a return on equity of 30.48% and a net margin of 2.59%. The company had revenue of $6.69 billion for the quarter, compared to analysts' expectations of $6.53 billion. During the same quarter in the previous year, the firm posted $4.49 earnings per share. The firm's quarterly revenue was up 3.2% on a year-over-year basis. Research analysts expect that AutoNation, Inc. will post 18.15 earnings per share for the current year.

AutoNation 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.