Asbury Automotive Group Inc

Penske Automotive Group Inc. logo
Asbury Automotive Group Inc
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12 August, 2017

Another trade for 11,949 shares valued at $1.86M was made by Riccio Daniel J. on Tuesday, May 16. City Holding Company (NASDAQ:CHCO) has risen 37.76% since August 10, 2016 and is uptrending. It has outperformed by 1.95% the S&P500.

Pnc Financial Services Group, Inc. augmented its holdings by buying 1 shares an increase of 2.5% in the quarter. Therefore 20% are positive. Gabelli raised shares of Penske Automotive Group from a "hold" rating to a "buy" rating and set a $68.00 price objective for the company in a research report on Thursday, April 27th. The firm has "Sector Weight" rating given on Wednesday, November 16 by KeyBanc Capital Markets. ValuEngine downgraded shares of Penske Automotive Group from a "strong-buy" rating to a "buy" rating in a research report on Friday, July 28th. Bank of America downgraded Asbury Automotive Group, Inc. On Tuesday, August 9 the stock rating was initiated by Seaport Global with "Neutral". Cowen & Co maintained the stock with "Outperform" rating in Tuesday, August 18 report. (NYSE:ABG) has "Neutral" rating given on Wednesday, September 30 by Bank of America. Penske Automotive Group, Inc. has a 12 month low of $40.37 and a 12 month high of $56.05.

Since June 1, 2017, it had 0 insider purchases, and 2 insider sales for $557,485 activity. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued. Also, SVP George Karolis sold 2,743 shares of the stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $55.98, for a total value of $153,553.14. Its down 0.07, from 0.96 in 2016Q3. LSV Asset Management increased its stake in shares of Penske Automotive Group by 6.3% in the first quarter. Hult David W sold $716,718 worth of Asbury Automotive Group, Inc.

Group 1 Automotive (GPI) traded down 1.13% on Friday, hitting $55.86.

02/02/2017 - Susquehanna began new coverage on Penske Automotive Group, Inc. giving the company a "positive" rating. River Road Asset Management LLC acquired a new position in Asbury Automotive Group during the first quarter valued at about $21,387,000. Dimensional Fund Advisors LP increased its stake in Asbury Automotive Group by 4.2% in the second quarter. Group 1 Automotive had a return on equity of 15.73% and a net margin of 1.26%. (NYSE:ABG). Kcg Holding accumulated 17,645 shares or 0.03% of the stock. The California-based Lombardia Capital Partners Llc has invested 1.54% in the stock. Finally, Public Employees Retirement System of OH boosted its stake in Asbury Automotive Group by 4.1% in the first quarter. 10,000 shares valued at $1.53 million were sold by Srouji Johny on Monday, May 22. Chilton Capital Mgmt Llc holds 979,956 shares or 0.87% of its portfolio. The Company operates automotive and commercial truck dealerships principally in the United States, Canada and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services principally in Australia and New Zealand. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida. About 20.03M shares traded. Penske Automotive Group's payout ratio is now 30.55%. (NYSE:ABG) has risen 7.55% since August 9, 2016 and is uptrending. It has underperformed by 6.56% the S&P500. In the last three months, insiders sold 15,738 shares of company stock worth $897,157. OppenheimerFunds Inc. now owns 77,424 shares of the company's stock worth $4,654,000 after buying an additional 11,662 shares in the last quarter. Cadence Capital Management LLC now controls 7,542 shares worth $331,000. KURNICK ROBERT H JR sold $474,569 worth of Penske Automotive Group, Inc.

Among 24 analysts covering The Home Depot Inc. As per Thursday, September 29, the company rating was downgraded by Stifel Nicolaus. JD.com had 26 analyst reports since August 4, 2015 according to SRatingsIntel. Maxim Group maintained Omeros Corporation (NASDAQ:OMER) on Wednesday, August 2 with "Buy" rating. The rating was upgraded by Evercore to "Hold" on Wednesday, March 9. The stock has "Buy" rating by Nomura on Thursday, August 11. The rating was initiated by Cantor Fitzgerald with "Buy" on Friday, June 3. If the $51.59 price target is reached, the company will be worth $93.60M less.

Investors sentiment decreased to 0.8 in 2016 Q4. Its up 1.75, from 0.99 in 2016Q3. It worsened, as 25 investors sold PAG shares while 81 reduced holdings. (NYSE:GPI). Peak6 Invests Lp owns 963 shares or 0% of their United States portfolio. Blackrock Gru Limited invested in 0% or 13,700 shares. (NYSE:PAG). Everett Harris & Com Ca invested in 0.04% or 19,549 shares.

Group 1 Automotive declared that its Board of Directors has authorized a share buyback program on Friday, May 12th that allows the company to buyback $75.00 million in outstanding shares. Capstone Inv Advsr Ltd reported 3,900 shares stake. Argent Management, Missouri-based fund reported 3,301 shares. Alpine Woods Cap has invested 2% in Apple Inc. Cadence Mgmt Ltd Liability holds 0.02% or 6,869 shares in its portfolio. KeyCorp reduced their FY2017 earnings per share (EPS) estimates for shares of Group 1 Automotive in a note issued to investors on Thursday. HD's profit will be $2.64 billion for 17.49 P/E if the $2.21 EPS becomes a reality. The company reported $1.87 EPS for the quarter, missing analysts' consensus estimates of $1.99 by $0.12.

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