Autonation Inc (NYSE:AN) Reports Decline in Sellers; Strong Momentum for Longs

September 15, 2018 - By Margaret Guttierez

AutoNation, Inc. (NYSE:AN) Logo

Investors sentiment decreased to 0.71 in 2018 Q2. Its down 0.31, from 1.02 in 2018Q1. It dived, as 53 investors sold AutoNation, Inc. shares while 91 reduced holdings. 29 funds opened positions while 73 raised stakes. 58.94 million shares or 2.16% less from 60.24 million shares in 2018Q1 were reported.
Arizona State Retirement Sys holds 0.02% of its portfolio in AutoNation, Inc. (NYSE:AN) for 40,996 shares. Royal National Bank & Trust Of Canada holds 0% or 40,653 shares in its portfolio. Retail Bank Of Montreal Can has 4,793 shares for 0% of their portfolio. Kiltearn Prns Limited Liability Partnership accumulated 1.72 million shares. Rhumbline Advisers holds 0.01% or 110,092 shares in its portfolio. Principal Financial holds 260,887 shares or 0.01% of its portfolio. Teacher Retirement System Of Texas has invested 0% of its portfolio in AutoNation, Inc. (NYSE:AN). Jpmorgan Chase has invested 0% in AutoNation, Inc. (NYSE:AN). Great Lakes Advisors Lc reported 0.07% in AutoNation, Inc. (NYSE:AN). Landscape Cap Management Ltd Limited Liability Company owns 30,430 shares for 0.12% of their portfolio. Hanson Mcclain has 0% invested in AutoNation, Inc. (NYSE:AN) for 486 shares. 103,191 were reported by Ubs Asset Management Americas. Ameriprise invested 0.01% in AutoNation, Inc. (NYSE:AN). Ws Mgmt Lllp invested 0.68% in AutoNation, Inc. (NYSE:AN). North Star Investment Management owns 140 shares.

Since June 15, 2018, it had 0 insider purchases, and 4 selling transactions for $4.60 million activity. 33,006 AutoNation, Inc. (NYSE:AN) shares with value of $1.63M were sold by JACKSON MICHAEL J. $2.03 million worth of AutoNation, Inc. (NYSE:AN) was sold by EDELSON DAVID B on Tuesday, July 10.

The stock of Autonation Inc (NYSE:AN) registered a decrease of 17.97% in short interest. AN’s total short interest was 3.84 million shares in September as published by FINRA. Its down 17.97% from 4.69 million shares, reported previously. With 520,500 shares average volume, it will take short sellers 7 days to cover their AN’s short positions. The short interest to Autonation Inc’s float is 6.44%.

The stock increased 2.49% or $1.09 during the last trading session, reaching $44.9. About 575,886 shares traded. AutoNation, Inc. (NYSE:AN) has declined 4.43% since September 15, 2017 and is downtrending. It has underperformed by 20.05% the S&P500.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company has market cap of $4.04 billion. The firm operates in three divisions: Domestic, Import, and Premium Luxury. It has a 9.51 P/E ratio. It offers a range of automotive services and products, including new and used vehicles; and parts and services, such as automotive repair and maintenance services, and wholesale parts and collision services.

AutoNation, Inc. (NYSE:AN) Ratings Coverage

Among 5 analysts covering AutoNation (NYSE:AN), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. AutoNation had 5 analyst reports since April 16, 2018 according to SRatingsIntel. Buckingham Research maintained the stock with “Neutral” rating in Thursday, August 2 report. The firm has “Hold” rating by Guggenheim given on Monday, April 16. As per Tuesday, July 10, the company rating was downgraded by Morgan Stanley. The stock of AutoNation, Inc. (NYSE:AN) earned “Hold” rating by Jefferies on Wednesday, April 18.

Another recent and important AutoNation, Inc. (NYSE:AN) news was published by which published an article titled: “Trade of the Day: AutoNation, Inc. (AN)” on September 11, 2018.

AutoNation, Inc. (NYSE:AN) Ratings Chart

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