Universal Beteiligungs und Servicegesellschaft mbH Purchases 133,002 Shares of Cars.com Inc. $CARS

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Cars.com by 487% in Q4, purchasing 133,002 shares to hold 160,315 shares (about 0.27% of the company) worth approximately $1.95 million per its SEC filing.
• Cars.com reported Q4 EPS of $0.44 (missing the $0.56 consensus) on revenue of $183.9 million, while the stock has a market cap of ~$644.6M and a 52-week range of $7.40–$13.97; analysts hold a mixed view with a consensus "Hold" rating and an average target price of $16.00.

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Cars.com Inc. (NYSE:CARS - Free Report) by 487.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,315 shares of the company's stock after buying an additional 133,002 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.27% of Cars.com worth $1,953,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CARS. iSAM Funds UK Ltd raised its position in Cars.com by 12.3% during the third quarter. iSAM Funds UK Ltd now owns 12,499 shares of the company's stock valued at $153,000 after purchasing an additional 1,367 shares during the period. Vident Advisory LLC raised its position in Cars.com by 3.3% during the third quarter. Vident Advisory LLC now owns 43,023 shares of the company's stock valued at $526,000 after purchasing an additional 1,386 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Cars.com by 30.0% in the second quarter. BNP Paribas Financial Markets now owns 7,025 shares of the company's stock worth $83,000 after buying an additional 1,623 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Cars.com by 5.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,177 shares of the company's stock worth $701,000 after buying an additional 2,927 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Cars.com by 30.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,695 shares of the company's stock worth $185,000 after buying an additional 3,392 shares during the period. 89.15% of the stock is owned by institutional investors.

Cars.com Stock Up 0.9%

Shares of NYSE:CARS opened at $11.09 on Friday. Cars.com Inc. has a 52-week low of $7.40 and a 52-week high of $13.97. The stock has a market cap of $644.55 million, a P/E ratio of 34.65 and a beta of 1.64. The business's 50 day moving average is $9.19 and its 200 day moving average is $10.80. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.96.

Cars.com (NYSE:CARS - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.12). Cars.com had a return on equity of 17.31% and a net margin of 2.77%.The firm had revenue of $183.90 million during the quarter, compared to the consensus estimate of $183.44 million. During the same period last year, the company earned $0.49 EPS. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. Sell-side analysts predict that Cars.com Inc. will post 1.83 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CARS. UBS Group increased their price target on Cars.com from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. Zacks Research upgraded Cars.com from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $10.00 price target (down from $16.00) on shares of Cars.com in a report on Friday, February 27th. BTIG Research reissued a "buy" rating and issued a $13.00 price objective on shares of Cars.com in a research note on Friday, April 10th. Finally, Weiss Ratings cut Cars.com from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $16.00.

Cars.com Profile

Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.

On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.

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