Strengthening Families & Communities LLC Has $590,000 Stock Position in AutoNation, Inc. (NYSE:AN)

Strengthening Families & Communities LLC boosted its stake in shares of AutoNation, Inc. (NYSE:AN) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,472 shares of the company’s stock after buying an additional 69 shares during the period. Strengthening Families & Communities LLC’s holdings in AutoNation were worth $590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AN. State Street Corp increased its position in shares of AutoNation by 2.3% in the third quarter. State Street Corp now owns 854,034 shares of the company’s stock worth $152,804,000 after acquiring an additional 19,037 shares in the last quarter. Geode Capital Management LLC grew its position in AutoNation by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 433,730 shares of the company’s stock worth $77,623,000 after purchasing an additional 18,588 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in AutoNation by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 320,888 shares of the company’s stock valued at $57,413,000 after purchasing an additional 19,015 shares during the period. Simcoe Capital Management LLC purchased a new stake in shares of AutoNation in the third quarter valued at $42,255,000. Finally, Holocene Advisors LP purchased a new stake in shares of AutoNation in the third quarter valued at $20,046,000. Institutional investors and hedge funds own 94.62% of the company’s stock.

Wall Street Analysts Forecast Growth

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

AutoNation Price Performance

NYSE AN opened at $191.90 on Tuesday. The company has a 50 day moving average price of $178.64 and a two-hundred day moving average price of $173.12. AutoNation, Inc. has a 12-month low of $136.35 and a 12-month high of $197.18. The stock has a market capitalization of $7.61 billion, a PE ratio of 11.07, a price-to-earnings-growth ratio of 3.71 and a beta of 1.25. The company has a quick ratio of 0.20, a current ratio of 0.80 and a debt-to-equity ratio of 1.58.

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.