Dynasty Wealth Management LLC raised its stake in AutoNation, Inc. (NYSE:AN – Free Report) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,985 shares of the company’s stock after acquiring an additional 182 shares during the quarter. Dynasty Wealth Management LLC’s holdings in AutoNation were worth $847,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of AN. Fortitude Family Office LLC grew its stake in shares of AutoNation by 581.8% during 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 last quarter. Global X Japan Co. Ltd. lifted its holdings in AutoNation by 150.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 158 shares of the company’s stock worth $27,000 after buying an additional 95 shares in the last quarter. Venturi Wealth Management LLC boosted its position in AutoNation by 403.6% in 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 last quarter. McIlrath & Eck LLC increased its stake in shares of AutoNation by 16.4% in the 3rd quarter. McIlrath & Eck LLC now owns 964 shares of the company’s stock valued at $172,000 after buying an additional 136 shares during the period. Finally, Arkadios Wealth Advisors bought a new stake in shares of AutoNation during the third quarter worth $201,000. 94.62% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently issued reports on AN shares. JPMorgan Chase & Co. raised their price target on AutoNation from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Evercore ISI raised their target price on shares of AutoNation from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Guggenheim reissued a “buy” rating on shares of AutoNation in a research note on Wednesday, February 12th. Wells Fargo & Company raised their price objective on shares of AutoNation from $170.00 to $194.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 12th. Finally, Stephens upped their target price on shares of AutoNation from $195.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, AutoNation has a consensus rating of “Moderate Buy” and an average price target of $204.71.
AutoNation Stock Up 0.8 %
Shares of NYSE AN opened at $182.27 on Friday. AutoNation, Inc. has a 52-week low of $143.88 and a 52-week high of $198.50. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.21 and a current ratio of 0.74. The stock has a market cap of $7.12 billion, a P/E ratio of 10.76, a P/E/G ratio of 3.51 and a beta of 1.25. The firm has a 50 day moving average price of $182.08 and a 200 day moving average price of $174.38.
AutoNation (NYSE:AN – Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $4.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.26 by $0.71. AutoNation had a net margin of 2.59% and a return on equity of 30.48%. Analysts expect that AutoNation, Inc. will post 18.15 EPS for the current year.
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.
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