Choreo LLC Decreases Holdings in AutoNation, Inc. (NYSE:AN)

Choreo LLC lessened its holdings in AutoNation, Inc. (NYSE:AN) by 44.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,188 shares of the company’s stock after selling 952 shares during the period. Choreo LLC’s holdings in AutoNation were worth $201,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Retirement Systems of Alabama increased its holdings in AutoNation by 142.2% in the 3rd quarter. Retirement Systems of Alabama now owns 73,429 shares of the company’s stock worth $13,138,000 after acquiring an additional 43,113 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in AutoNation in the 3rd quarter worth $585,000. Blue Trust Inc. increased its stake in AutoNation by 33.8% in the 3rd quarter. Blue Trust Inc. now owns 1,899 shares of the company’s stock worth $340,000 after buying an additional 480 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of AutoNation by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 320,888 shares of the company’s stock worth $57,413,000 after acquiring an additional 19,015 shares during the period. Finally, Whalen Wealth Management Inc. bought a new position in AutoNation in the 4th quarter worth approximately $255,000. 94.62% of the stock is currently owned by institutional investors.

AutoNation Stock Up 0.4 %

AutoNation stock opened at $192.74 on Friday. AutoNation, Inc. has a fifty-two week low of $136.35 and a fifty-two week high of $198.50. The company has a market cap of $7.64 billion, a PE ratio of 11.12, a PEG ratio of 3.71 and a beta of 1.25. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. The business’s 50-day simple moving average is $179.72 and its two-hundred day simple moving average is $173.57.

AutoNation (NYSE:AN) last released its quarterly earnings data on Tuesday, February 11th. The company reported $4.97 earnings per share for the quarter, topping 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%. Equities analysts anticipate that AutoNation, Inc. will post 16.74 EPS for the current year.

Analyst Ratings Changes

AN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Stephens boosted their target price on AutoNation from $195.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday. Wells Fargo & Company upped their target price on AutoNation from $170.00 to $194.00 and gave the company an “equal weight” rating in a research note on Wednesday. StockNews.com raised shares of AutoNation from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Guggenheim restated a “buy” rating on shares of AutoNation in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $199.71.

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.