Thrivent Financial for Lutherans Increases Stock Position in AutoNation, Inc. (NYSE:AN)

Thrivent Financial for Lutherans boosted its holdings in shares of AutoNation, Inc. (NYSE:AN) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,173 shares of the company’s stock after buying an additional 181 shares during the quarter. Thrivent Financial for Lutherans’ holdings in AutoNation were worth $1,999,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Mutual of America Capital Management LLC raised its holdings in AutoNation by 0.6% in the third quarter. Mutual of America Capital Management LLC now owns 14,152 shares of the company’s stock worth $2,532,000 after purchasing an additional 87 shares in the last quarter. Natixis Advisors LLC grew its position in shares of AutoNation by 2.7% in the 3rd quarter. Natixis Advisors LLC now owns 16,197 shares of the company’s stock worth $2,898,000 after buying an additional 426 shares during the last quarter. Empowered Funds LLC raised its stake in shares of AutoNation by 1.4% during the 3rd quarter. Empowered Funds LLC now owns 20,827 shares of the company’s stock worth $3,726,000 after acquiring an additional 282 shares in the last quarter. CIBC Asset Management Inc purchased a new stake in AutoNation during the third quarter valued at approximately $219,000. Finally, Oppenheimer & Co. Inc. boosted its stake in AutoNation by 9.9% in the third quarter. Oppenheimer & Co. Inc. now owns 8,503 shares of the company’s stock valued at $1,521,000 after acquiring an additional 763 shares in the last quarter. Institutional investors own 94.62% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on AN. Wells Fargo & Company decreased their price objective on AutoNation from $187.00 to $181.00 and set an “equal weight” rating for the company in a report on Tuesday, October 15th. Bank of America lowered their price target on AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a report on Monday, October 14th. Stephens assumed coverage on shares of AutoNation in a report on Thursday, September 12th. They set an “overweight” rating and a $210.00 price objective on the stock. JPMorgan Chase & Co. lowered their target price on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Finally, Morgan Stanley upgraded shares of AutoNation from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $145.00 to $200.00 in a research note on Wednesday, September 25th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $199.29.

AutoNation Trading Down 0.2 %

Shares of NYSE:AN opened at $179.22 on Friday. AutoNation, Inc. has a 52-week low of $130.35 and a 52-week high of $197.18. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 3.76 and a beta of 1.21. The company has a quick ratio of 0.20, a current ratio of 0.80 and a debt-to-equity ratio of 1.58. The business has a 50-day moving average price of $168.00 and a 200-day moving average price of $168.73.

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.