Yousif Capital Management LLC Sells 464 Shares of AutoNation, Inc. $AN

Yousif Capital Management LLC reduced its position in AutoNation, Inc. (NYSE:AN) by 4.7% in the second quarter, Holdings Channel.com reports. The fund owned 9,406 shares of the company’s stock after selling 464 shares during the quarter. Yousif Capital Management LLC’s holdings in AutoNation were worth $1,869,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. CWM LLC boosted its position in shares of AutoNation by 108.9% in the second quarter. CWM LLC now owns 12,152 shares of the company’s stock valued at $2,414,000 after acquiring an additional 6,335 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in shares of AutoNation by 6.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,619 shares of the company’s stock valued at $1,315,000 after acquiring an additional 427 shares during the period. JB Capital LLC boosted its position in shares of AutoNation by 4.4% in the second quarter. JB Capital LLC now owns 11,875 shares of the company’s stock valued at $2,359,000 after acquiring an additional 504 shares during the period. IFP Advisors Inc lifted its position in AutoNation by 38.0% during the second quarter. IFP Advisors Inc now owns 508 shares of the company’s stock valued at $101,000 after purchasing an additional 140 shares during the last quarter. Finally, Callan Family Office LLC bought a new stake in AutoNation during the second quarter valued at approximately $455,000. 94.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AN has been the subject of several research analyst reports. Citigroup reiterated a “buy” rating on shares of AutoNation in a research report on Thursday, September 25th. Stephens lifted their target price on shares of AutoNation from $190.00 to $200.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. Wall Street Zen lowered shares of AutoNation from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Morgan Stanley lifted their target price on shares of AutoNation from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Finally, Bank of America dropped their target price on shares of AutoNation from $255.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, AutoNation currently has an average rating of “Moderate Buy” and an average target price of $225.63.

AutoNation Trading Up 0.4%

Shares of AN opened at $214.53 on Friday. The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 1.00 and a beta of 0.85. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.21 and a current ratio of 0.81. AutoNation, Inc. has a fifty-two week low of $148.33 and a fifty-two week high of $228.92. The firm has a 50 day moving average price of $217.86 and a 200-day moving average price of $197.84.

AutoNation (NYSE:AN) last announced its quarterly earnings data on Friday, July 25th. The company reported $5.46 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.76. The firm had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.77 billion. AutoNation had a net margin of 2.31% and a return on equity of 31.12%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the business posted $3.99 EPS. As a group, equities research analysts forecast that AutoNation, Inc. will post 18.15 earnings per share 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.