AutoNation, Inc. (NYSE:AN) Holdings Raised by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC increased its position in shares of AutoNation, Inc. (NYSE:AN) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,472 shares of the company’s stock after purchasing an additional 69 shares during the quarter. Strengthening Families & Communities LLC’s holdings in AutoNation were worth $590,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Retirement Systems of Alabama raised its position in shares of AutoNation by 142.2% during the 3rd quarter. Retirement Systems of Alabama now owns 73,429 shares of the company’s stock worth $13,138,000 after purchasing an additional 43,113 shares during the period. Kestra Investment Management LLC acquired a new stake in AutoNation in the third quarter worth $585,000. Blue Trust Inc. lifted its stake in AutoNation by 33.8% in the third quarter. Blue Trust Inc. now owns 1,899 shares of the company’s stock valued at $340,000 after buying an additional 480 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of AutoNation by 6.3% during 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. Finally, Whalen Wealth Management Inc. bought a new position in shares of AutoNation during the fourth quarter worth about $255,000. Institutional investors and hedge funds own 94.62% of the company’s stock.

AutoNation Stock Up 0.4 %

Shares of AN stock opened at $191.90 on Tuesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. The stock has a market cap of $7.61 billion, a PE ratio of 11.07, a price-to-earnings-growth ratio of 3.71 and a beta of 1.25. The business’s fifty day moving average is $178.64 and its 200-day moving average is $173.12. AutoNation, Inc. has a 1 year low of $136.35 and a 1 year high of $197.18.

Analysts Set New Price Targets

AN has been the topic of several recent research reports. Stephens lifted 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. Wells Fargo & Company boosted their price objective on AutoNation from $169.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 15th. Guggenheim lowered their target price on AutoNation from $190.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. JPMorgan Chase & Co. cut their target price on AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Finally, Bank of America decreased their price target on AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, AutoNation currently has an average rating of “Moderate Buy” and a consensus target price of $195.57.

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.