AutoNation, Inc. (NYSE:AN) Stock Holdings Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in shares of AutoNation, Inc. (NYSE:AN) by 3.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,164 shares of the company’s stock after selling 361 shares during the period. Yousif Capital Management LLC’s holdings in AutoNation were worth $1,726,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AN. Truist Financial Corp boosted its position in AutoNation by 23.3% during the second quarter. Truist Financial Corp now owns 4,449 shares of the company’s stock worth $709,000 after purchasing an additional 840 shares during the period. GAMMA Investing LLC raised its stake in AutoNation by 54.0% during the 3rd quarter. GAMMA Investing LLC now owns 311 shares of the company’s stock valued at $56,000 after purchasing an additional 109 shares during the last quarter. NBC Securities Inc. grew its position in AutoNation by 28.1% during the third quarter. NBC Securities Inc. now owns 802 shares of the company’s stock worth $143,000 after buying an additional 176 shares in the last quarter. Kapitalo Investimentos Ltda raised its stake in shares of AutoNation by 10.6% in the third quarter. Kapitalo Investimentos Ltda now owns 1,708 shares of the company’s stock valued at $306,000 after purchasing an additional 163 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in AutoNation in the third quarter valued at about $313,000. 94.62% of the stock is owned by hedge funds and other institutional investors.

AutoNation Stock Up 1.3 %

AN stock opened at $195.16 on Wednesday. The business has a 50-day simple moving average of $178.93 and a 200 day simple moving average of $173.24. The company has a market cap of $7.74 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 3.71 and a beta of 1.25. The company has a quick ratio of 0.20, a current ratio of 0.80 and a debt-to-equity ratio of 1.58. AutoNation, Inc. has a 52 week low of $136.35 and a 52 week high of $198.50.

AutoNation (NYSE:AN) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.71. AutoNation had a net margin of 2.74% and a return on equity of 32.01%. Sell-side analysts anticipate that AutoNation, Inc. will post 16.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on AN shares. Wells Fargo & Company boosted their price target on shares of AutoNation from $169.00 to $170.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 15th. JPMorgan Chase & Co. reduced their target price on AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Guggenheim lowered their target price on AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Finally, Stephens increased their price objective on AutoNation from $192.00 to $195.00 and gave the stock an “equal weight” rating in a report on Monday, January 27th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.57.

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.