JB Capital LLC Acquires 829 Shares of AutoNation, Inc. (NYSE:AN)

JB Capital LLC increased its holdings in shares of AutoNation, Inc. (NYSE:AN) by 9.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,570 shares of the company’s stock after acquiring an additional 829 shares during the period. JB Capital LLC’s holdings in AutoNation were worth $1,625,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Fortitude Family Office LLC raised its position in shares of AutoNation by 581.8% in the 4th quarter. Fortitude Family Office LLC now owns 150 shares of the company’s stock worth $25,000 after acquiring an additional 128 shares in the last quarter. Venturi Wealth Management LLC grew its stake in AutoNation by 403.6% in the third quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock valued at $50,000 after purchasing an additional 226 shares during the last quarter. GAMMA Investing LLC raised its holdings in AutoNation by 54.0% in the third quarter. GAMMA Investing LLC now owns 311 shares of the company’s stock worth $56,000 after purchasing an additional 109 shares in the last quarter. NBC Securities Inc. lifted its position in shares of AutoNation by 28.1% during the third quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $143,000 after buying an additional 176 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position in shares of AutoNation by 16.4% in the 3rd quarter. McIlrath & Eck LLC now owns 964 shares of the company’s stock worth $172,000 after buying an additional 136 shares during the last quarter. Institutional investors own 94.62% of the company’s stock.

AutoNation Trading Down 1.7 %

Shares of AutoNation stock opened at $188.39 on Monday. AutoNation, Inc. has a 1 year low of $136.35 and a 1 year high of $197.18. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.80 and a quick ratio of 0.20. The stock has a market cap of $7.47 billion, a PE ratio of 10.86, a price-to-earnings-growth ratio of 3.62 and a beta of 1.25. The firm has a fifty day moving average price of $177.19 and a 200 day moving average price of $172.38.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AN. Bank of America decreased their target price on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Guggenheim lowered their price objective on AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. Wells Fargo & Company upped their target price 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. lowered their price target on AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Finally, Stephens increased their price objective on shares of AutoNation from $192.00 to $195.00 and gave the company an “equal weight” rating in a research report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.57.

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.