AutoNation (NYSE:AN) Price Target Raised to $195.00 at Stephens

AutoNation (NYSE:AN) had its price objective increased by Stephens from $192.00 to $195.00 in a research note published on Monday morning,Benzinga reports. Stephens currently has an equal weight rating on the stock.

Several other analysts also recently issued reports on the company. Wells Fargo & Company upped their price objective on 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. decreased their price target on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Guggenheim lowered their price target on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a report on Thursday, November 21st. Finally, Bank of America reduced their price objective on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.57.

AutoNation Price Performance

AN stock opened at $187.71 on Monday. The stock’s 50 day moving average price is $176.44 and its 200 day moving average price is $172.25. The firm has a market cap of $7.44 billion, a P/E ratio of 10.83, a PEG ratio of 3.50 and a beta of 1.26. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. AutoNation has a 1 year low of $136.35 and a 1 year high of $197.18.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Fortitude Family Office LLC grew 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 purchasing an additional 128 shares during the period. Global X Japan Co. Ltd. raised 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 period. Venturi Wealth Management LLC grew its stake in shares of AutoNation by 403.6% during the 3rd quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock valued at $50,000 after buying an additional 226 shares during the period. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 109 shares during the period. Finally, Quarry LP increased its holdings in shares of AutoNation by 498.5% during the 2nd quarter. Quarry LP now owns 407 shares of the company’s stock worth $65,000 after buying an additional 339 shares during the last quarter. 94.62% of the stock is currently owned by hedge funds and other institutional investors.

About AutoNation

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.