JB Capital LLC Has $1.56 Million Holdings in AutoNation, Inc. (NYSE:AN)

JB Capital LLC decreased its holdings in AutoNation, Inc. (NYSE:AN) by 13.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,741 shares of the company’s stock after selling 1,402 shares during the quarter. JB Capital LLC’s holdings in AutoNation were worth $1,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Foster & Motley Inc. increased its stake in AutoNation by 80.8% during the 3rd quarter. Foster & Motley Inc. now owns 5,898 shares of the company’s stock worth $1,055,000 after purchasing an additional 2,636 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of AutoNation by 5.1% in the third quarter. QRG Capital Management Inc. now owns 5,305 shares of the company’s stock valued at $949,000 after purchasing an additional 258 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of AutoNation by 189.2% in the third quarter. Van ECK Associates Corp now owns 29,775 shares of the company’s stock worth $5,327,000 after purchasing an additional 19,480 shares in the last quarter. Prosperitas Financial LLC increased its stake in AutoNation by 11.7% in the 3rd quarter. Prosperitas Financial LLC now owns 14,096 shares of the company’s stock valued at $2,522,000 after buying an additional 1,476 shares during the last quarter. Finally, Custom Index Systems LLC raised its stake in shares of AutoNation by 79.7% during the 3rd quarter. Custom Index Systems LLC now owns 2,262 shares of the company’s stock worth $405,000 after purchasing an additional 1,003 shares in the last quarter. Institutional investors and hedge funds own 94.62% of the company’s stock.

AutoNation Stock Down 1.0 %

Shares of AN stock traded down $1.70 on Thursday, hitting $167.29. The stock had a trading volume of 36,571 shares, compared to its average volume of 429,550. AutoNation, Inc. has a 12-month low of $129.32 and a 12-month high of $197.18. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 3.24 and a beta of 1.21. The business has a 50 day moving average of $167.64 and a 200 day moving average of $168.07. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.80 and a quick ratio of 0.20.

Insider Activity at AutoNation

In related news, major shareholder Edward S. Lampert sold 39,194 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $183.43, for a total transaction of $7,189,355.42. Following the sale, the insider now owns 3,786,144 shares of the company’s stock, valued at approximately $694,492,393.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder Edward S. Lampert sold 39,194 shares of AutoNation stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $183.43, for a total value of $7,189,355.42. Following the transaction, the insider now owns 3,786,144 shares in the company, valued at approximately $694,492,393.92. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Edward S. Lampert sold 500 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $182.06, for a total value of $91,030.00. Following the sale, the insider now owns 3,825,338 shares of the company’s stock, valued at $696,441,036.28. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.74% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AN. Wells Fargo & Company reduced 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. Morgan Stanley raised AutoNation from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $145.00 to $200.00 in a report on Wednesday, September 25th. Bank of America decreased their price target 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. JPMorgan Chase & Co. dropped their price objective on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Stephens started coverage on shares of AutoNation in a research report on Thursday, September 12th. They issued an “overweight” rating and a $210.00 price target for the company. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, AutoNation has an average rating of “Moderate Buy” and an average price target of $199.00.

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.