Gotham Asset Management LLC raised its holdings in AutoNation, Inc. (NYSE:AN - Free Report) by 31.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 83,338 shares of the company's stock after acquiring an additional 19,890 shares during the period. Gotham Asset Management LLC owned 0.21% of AutoNation worth $14,154,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of AN. Fortitude Family Office LLC raised its holdings in AutoNation by 581.8% in the fourth quarter. Fortitude Family Office LLC now owns 150 shares of the company's stock valued at $25,000 after buying an additional 128 shares during the period. Global X Japan Co. Ltd. lifted its stake in 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 stake in AutoNation by 25.5% in the fourth quarter. NewEdge Advisors LLC now owns 315 shares of the company's stock valued at $54,000 after acquiring an additional 64 shares during the period. Farther Finance Advisors LLC grew its stake in AutoNation by 77.1% during the 4th quarter. Farther Finance Advisors LLC now owns 494 shares of the company's stock worth $84,000 after buying an additional 215 shares during the last quarter. Finally, Curio Wealth LLC acquired a new stake in shares of AutoNation in the 4th quarter worth about $197,000. 94.62% of the stock is currently owned by hedge funds and other institutional investors.
AutoNation Price Performance
NYSE:AN traded up $2.38 during mid-day trading on Tuesday, hitting $191.03. The company's stock had a trading volume of 436,738 shares, compared to its average volume of 456,647. The company has a current ratio of 0.74, a quick ratio of 0.21 and a debt-to-equity ratio of 1.39. The stock has a fifty day moving average of $168.60 and a 200-day moving average of $173.86. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of 11.28, a P/E/G ratio of 3.51 and a beta of 1.00. AutoNation, Inc. has a fifty-two week low of $148.33 and a fifty-two week high of $198.50.
AutoNation (NYSE:AN - Get Free Report) last posted its earnings results 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 the consensus estimate of $6.53 billion. AutoNation had a return on equity of 30.48% and a net margin of 2.59%. AutoNation's revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the company earned $4.49 EPS. As a group, equities analysts forecast that AutoNation, Inc. will post 18.15 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Evercore ISI upped their price objective on shares of AutoNation from $220.00 to $240.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. 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. StockNews.com raised AutoNation from a "hold" rating to a "buy" rating in a research note on Saturday. Guggenheim decreased 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. Finally, Cfra Research raised AutoNation to a "strong-buy" rating in a research report on Friday, April 25th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, AutoNation presently has a consensus rating of "Moderate Buy" and a consensus target price of $200.75.
Get Our Latest Stock Analysis on AutoNation
About AutoNation
(
Free Report)
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.
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