Curio Wealth LLC Takes Position in AutoNation, Inc. (NYSE:AN)

Curio Wealth LLC bought a new position in AutoNation, Inc. (NYSE:AN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,160 shares of the company’s stock, valued at approximately $197,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AN. Atria Investments Inc purchased a new stake in AutoNation in the 3rd quarter worth approximately $507,000. Crossmark Global Holdings Inc. raised its position in AutoNation by 8.8% during the third quarter. Crossmark Global Holdings Inc. now owns 1,701 shares of the company’s stock valued at $305,000 after acquiring an additional 137 shares in the last quarter. Victory Capital Management Inc. raised its position in AutoNation by 3.4% during the third quarter. Victory Capital Management Inc. now owns 11,323 shares of the company’s stock valued at $2,026,000 after acquiring an additional 368 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in AutoNation by 9.9% during the third quarter. Oppenheimer & Co. Inc. now owns 8,503 shares of the company’s stock valued at $1,521,000 after acquiring an additional 763 shares in the last quarter. Finally, CIBC Asset Management Inc bought a new position in AutoNation during the third quarter valued at approximately $219,000. Hedge funds and other institutional investors own 94.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. 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 report on Wednesday, February 12th. JPMorgan Chase & Co. raised their price objective on shares of AutoNation from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. Stephens boosted their target price on AutoNation from $195.00 to $200.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 12th. Guggenheim restated a “buy” rating on shares of AutoNation in a report on Wednesday, February 12th. Finally, Evercore ISI boosted their target price on AutoNation from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $204.71.

AutoNation Price Performance

NYSE AN opened at $160.44 on Monday. AutoNation, Inc. has a twelve month low of $150.08 and a twelve month 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 capitalization of $6.27 billion, a PE ratio of 9.47, a P/E/G ratio of 3.51 and a beta of 1.32. The stock has a 50-day simple moving average of $181.67 and a 200 day simple moving average of $173.91.

AutoNation (NYSE:AN) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $4.97 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.71. AutoNation had a return on equity of 30.48% and a net margin of 2.59%. Research analysts anticipate that AutoNation, Inc. will post 18.15 EPS for the current year.

AutoNation 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.