CreativeOne Wealth LLC Purchases 381 Shares of AutoNation, Inc. (NYSE:AN)

CreativeOne Wealth LLC raised its position in AutoNation, Inc. (NYSE:AN) by 15.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,783 shares of the company’s stock after acquiring an additional 381 shares during the period. CreativeOne Wealth LLC’s holdings in AutoNation were worth $498,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of AutoNation by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,845 shares of the company’s stock valued at $509,000 after acquiring an additional 62 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in AutoNation by 1.2% during the second quarter. Concurrent Investment Advisors LLC now owns 5,436 shares of the company’s stock valued at $866,000 after purchasing an additional 65 shares in the last quarter. OLD National Bancorp IN grew its stake in shares of AutoNation by 2.2% in the 3rd quarter. OLD National Bancorp IN now owns 3,100 shares of the company’s stock valued at $555,000 after purchasing an additional 68 shares during the period. Sei Investments Co. lifted its position in shares of AutoNation by 0.5% during the 2nd quarter. Sei Investments Co. now owns 15,130 shares of the company’s stock worth $2,413,000 after buying an additional 72 shares during the period. Finally, QRG Capital Management Inc. boosted its stake in AutoNation by 1.7% in the 2nd quarter. QRG Capital Management Inc. now owns 5,047 shares of the company’s stock valued at $804,000 after buying an additional 85 shares in the last quarter. Institutional investors own 94.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AN shares. Wells Fargo & Company dropped their price objective on AutoNation from $187.00 to $181.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 15th. Stephens assumed coverage on shares of AutoNation in a research report on Thursday, September 12th. They set an “overweight” rating and a $210.00 target price for the company. Guggenheim reduced their price target on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Morgan Stanley upgraded shares of AutoNation from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $145.00 to $200.00 in a research note on Wednesday, September 25th. Finally, Bank of America decreased their price target on AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $199.29.

AutoNation Stock Down 0.2 %

Shares of AN opened at $178.89 on Monday. The business’s fifty day moving average price is $168.10 and its two-hundred day moving average price is $168.86. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 10.32, a PEG ratio of 3.75 and a beta of 1.21. AutoNation, Inc. has a 52 week low of $133.01 and a 52 week high of $197.18. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80.

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.