CreativeOne Wealth LLC Acquires 381 Shares of AutoNation, Inc. (NYSE:AN)

CreativeOne Wealth LLC lifted its stake in AutoNation, Inc. (NYSE:AN) by 15.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,783 shares of the company’s stock after purchasing an additional 381 shares during the period. CreativeOne Wealth LLC’s holdings in AutoNation were worth $498,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in AutoNation by 90.6% in the second quarter. GAMMA Investing LLC now owns 202 shares of the company’s stock worth $32,000 after purchasing an additional 96 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in AutoNation during the 2nd quarter worth $37,000. Venturi Wealth Management LLC lifted its holdings in AutoNation by 403.6% during the third quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock worth $50,000 after acquiring an additional 226 shares in the last quarter. Quarry LP grew its stake in AutoNation by 498.5% in the second quarter. Quarry LP now owns 407 shares of the company’s stock valued at $65,000 after acquiring an additional 339 shares during the period. Finally, Mather Group LLC. bought a new stake in shares of AutoNation in the second quarter worth about $103,000. 94.62% of the stock is currently owned by institutional investors.

AutoNation Trading Down 0.2 %

Shares of NYSE:AN opened at $178.89 on Monday. The company’s 50-day moving average price is $168.10 and its two-hundred day moving average price is $168.86. AutoNation, Inc. has a one year low of $133.01 and a one year high of $197.18. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.80 and a quick ratio of 0.20. The stock has a market capitalization of $7.09 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 3.75 and a beta of 1.21.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Stephens started coverage on AutoNation in a research report on Thursday, September 12th. They issued an “overweight” rating and a $210.00 price objective for the company. JPMorgan Chase & Co. reduced their price target on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Wells Fargo & Company dropped their price objective on shares of AutoNation from $187.00 to $181.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 15th. Guggenheim reduced their target price on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Finally, Morgan Stanley raised AutoNation from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $145.00 to $200.00 in a research note on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $199.29.

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.