Mount Yale Investment Advisors LLC Acquires 273 Shares of AutoNation, Inc. (NYSE:AN)

Mount Yale Investment Advisors LLC raised its holdings in AutoNation, Inc. (NYSE:AN) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,577 shares of the company’s stock after acquiring an additional 273 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in AutoNation were worth $438,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Retirement Systems of Alabama boosted its position in shares of AutoNation by 142.2% in the 3rd quarter. Retirement Systems of Alabama now owns 73,429 shares of the company’s stock worth $13,138,000 after purchasing an additional 43,113 shares during the last quarter. Kestra Investment Management LLC bought a new position in AutoNation during the third quarter worth about $585,000. Blue Trust Inc. grew its position in shares of AutoNation by 33.8% during the 3rd quarter. Blue Trust Inc. now owns 1,899 shares of the company’s stock worth $340,000 after buying an additional 480 shares during the period. Charles Schwab Investment Management Inc. boosted 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 worth $57,413,000 after acquiring an additional 19,015 shares during the last quarter. Finally, Whalen Wealth Management Inc. bought a new position in AutoNation during the 4th quarter worth approximately $255,000. Institutional investors and hedge funds own 94.62% of the company’s stock.

AutoNation Stock Up 1.2 %

NYSE:AN opened at $187.74 on Wednesday. The company has a market cap of $7.44 billion, a PE ratio of 10.83, a PEG ratio of 3.50 and a beta of 1.26. The stock has a 50-day simple moving average of $175.98 and a 200 day simple moving average of $172.14. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. AutoNation, Inc. has a 52-week low of $136.35 and a 52-week high of $197.18.

Analyst Ratings Changes

AN has been the topic of several analyst reports. Wells Fargo & Company increased their target price 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. Bank of America dropped their price objective on AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. JPMorgan Chase & Co. decreased their target price on AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. 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. Finally, Stephens boosted their price objective on AutoNation from $192.00 to $195.00 and gave the company an “equal weight” rating in a research report on Monday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, AutoNation currently has an average rating of “Moderate Buy” and an average price target of $195.57.

About AutoNation

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.