AutoNation, Inc. (NYSE:AN) Stock Holdings Increased by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. boosted its holdings in AutoNation, Inc. (NYSE:AN) by 150.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 158 shares of the company’s stock after buying an additional 95 shares during the quarter. Global X Japan Co. Ltd.’s holdings in AutoNation were worth $27,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AN. Millennium Management LLC grew its position in AutoNation by 258.6% during the 2nd quarter. Millennium Management LLC now owns 28,888 shares of the company’s stock worth $4,604,000 after purchasing an additional 20,832 shares in the last quarter. Truist Financial Corp grew its holdings in shares of AutoNation by 23.3% during the second quarter. Truist Financial Corp now owns 4,449 shares of the company’s stock valued at $709,000 after buying an additional 840 shares in the last quarter. GAMMA Investing LLC lifted its stake in AutoNation by 54.0% in the 3rd quarter. GAMMA Investing LLC now owns 311 shares of the company’s stock worth $56,000 after acquiring an additional 109 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its stake in AutoNation by 25.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,500 shares of the company’s stock valued at $984,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Fiduciary Financial Group LLC increased its holdings in shares of AutoNation by 5.7% in the 3rd quarter. Fiduciary Financial Group LLC now owns 2,552 shares of the company’s stock valued at $420,000 after purchasing an additional 137 shares during the period. Institutional investors and hedge funds own 94.62% of the company’s stock.

AutoNation Trading Down 1.3 %

AutoNation stock opened at $191.10 on Friday. AutoNation, Inc. has a one year low of $136.35 and a one year high of $197.18. The company’s fifty day moving average price is $178.16 and its two-hundred day moving average price is $172.87. The company has a market capitalization of $7.58 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 3.62 and a beta of 1.25. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.80 and a quick ratio of 0.20.

Wall Street Analyst Weigh In

Several analysts recently commented on AN shares. Bank of America decreased their price target on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a report on Monday, October 14th. JPMorgan Chase & Co. lowered their price target on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Wells Fargo & Company increased their price objective on AutoNation from $169.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 15th. Stephens boosted their target price on AutoNation from $192.00 to $195.00 and gave the company an “equal weight” rating in a research note on Monday, January 27th. Finally, Guggenheim cut their price target on AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $195.57.

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.