AutoNation, Inc. (NYSE:AN) Shares Acquired by Conscious Wealth Investments LLC

Conscious Wealth Investments LLC increased its position in shares of AutoNation, Inc. (NYSE:AN) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,966 shares of the company’s stock after purchasing an additional 189 shares during the period. AutoNation makes up approximately 2.5% of Conscious Wealth Investments LLC’s portfolio, making the stock its 13th largest position. Conscious Wealth Investments LLC owned about 0.05% of AutoNation worth $3,698,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of AutoNation by 2.3% during the 3rd quarter. State Street Corp now owns 854,034 shares of the company’s stock worth $152,804,000 after buying an additional 19,037 shares in the last quarter. Geode Capital Management LLC raised its position in AutoNation by 4.5% in the third quarter. Geode Capital Management LLC now owns 433,730 shares of the company’s stock worth $77,623,000 after acquiring an additional 18,588 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in AutoNation by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 320,888 shares of the company’s stock valued at $57,413,000 after acquiring an additional 19,015 shares during the period. Simcoe Capital Management LLC purchased a new stake in shares of AutoNation during the 3rd quarter worth $42,255,000. Finally, Holocene Advisors LP purchased a new stake in shares of AutoNation during the 3rd quarter worth $20,046,000. Institutional investors and hedge funds own 94.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. 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 note on Wednesday, February 19th. StockNews.com raised shares of AutoNation from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. Stephens boosted their price target on AutoNation from $195.00 to $200.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 12th. Guggenheim reaffirmed a “buy” rating on shares of AutoNation in a research note on Wednesday, February 12th. Finally, Evercore ISI lifted their price objective on AutoNation from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.71.

AutoNation Trading Down 4.2 %

Shares of AutoNation stock opened at $181.19 on Monday. The business has a 50 day moving average price of $181.12 and a 200 day moving average price of $174.11. The company has a market capitalization of $7.08 billion, a P/E ratio of 10.70, a P/E/G ratio of 3.66 and a beta of 1.25. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.74 and a quick ratio of 0.20. AutoNation, Inc. has a 1 year low of $136.79 and a 1 year high of $198.50.

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