Autonation Inc (NYSE:AN) Shorts Reduced By 7.44%

May 16, 2018 - By Mark Williams

AutoNation, Inc. (NYSE:AN) Corporate Logo

During Q4 2017 the big money sentiment decreased to 0.79. That’s change of 0.09, from 2017Q3’s 0.88. 20 investors sold all, 97 reduced holdings as AutoNation, Inc. ratio worsened. 49 rose holdings while 44 funds acquired holdings. Funds hold 62.82 million shares thus 10.96% less from 2017Q3’s 70.55 million shares.
Daiwa Group Inc holds 0% or 2,350 shs. Rhumbline Advisers, Massachusetts-based fund reported 120,979 shs. Amundi Pioneer Asset Mngmt holds 101,605 shs. 137,140 are owned by Invesco Ltd. 25 were reported by Bessemer Grp. Voya Mngmt Ltd Company has 15,597 shs for 0% of their capital. New York State Common Retirement Fund has 138,300 shs. Kiltearn Llp has 1.88 million shs for 2.41% of their capital. Thrivent Fincl For Lutherans has invested 0% in AutoNation, Inc. (NYSE:AN). Dynamic Mgmt Ltd reported 16,385 shs. Ing Groep Nv has invested 0.01% in AutoNation, Inc. (NYSE:AN). Financial Bank Of Montreal Can has invested 0% in AutoNation, Inc. (NYSE:AN). Sumitomo Mitsui Asset Mgmt holds 4,095 shs or 0% of its capital. Teewinot Capital Advisers Ltd holds 1.09% of its capital in AutoNation, Inc. (NYSE:AN) for 50,400 shs. Foyston Gordon Payne has invested 0.55% in AutoNation, Inc. (NYSE:AN).

AutoNation, Inc. had 3 insider sales and 0 insider purchases since January 2, 2018. This’s net activity of $1.09 million.

Autonation Inc (NYSE:AN) had a decrease of its shares shorted by 7.44%. FINRA issued in May AN’s total 5.58 million shares shorted. Previously was reported down change of 7.44% from 6.03 million shares. Former AN’s position will need 7 days to restore. It has 834,900 average volume. Autonation Inc’s shares shorted float is 9.15%.

Ticker’s shares touched $46.555 during the last trading session after 0.97% change.Currently AutoNation, Inc. is uptrending after 8.96% change in last May 16, 2017. AN has 159,335 shares volume. AN underperformed by 2.59% the S&P 500.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States.The company has $4.23 billion market cap. The firm operates in three divisions: Domestic, Import, and Premium Luxury.The P/E ratio is 10.52. 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

In total 6 analysts cover AutoNation (NYSE:AN). “Buy” rating has 1, “Sell” are 0, while 5 are “Hold”. 17% are bullish. 8 are the (NYSE:AN)’s analyst reports since December 4, 2017 according to StockzIntelligence Inc. In Wednesday, April 18 report Jefferies maintained it with “Hold” rating and $5300 target. On Wednesday, March 14 the stock of AutoNation, Inc. (NYSE:AN) has “Overweight” rating given by Morgan Stanley. On Friday, February 9 the firm earned “Neutral” rating by Bank of America. On Monday, April 16 Guggenheim initiated AutoNation, Inc. (NYSE:AN) with “Hold” rating. On Friday, February 2 Jefferies maintained AutoNation, Inc. (NYSE:AN) with “Hold” rating. On Thursday, January 18 Stephens maintained the shares of AN in report with “Hold” rating.

Another two news for AutoNation, Inc. (NYSE:AN) were recently released by: Seekingalpha.com on May 07, 2018 with title “AutoNation: Incorrectly Priced For A No-Growth Future”. The other Seekingalpha.com‘s article was titled “AutoNation (AN) Q1 2018 Results – Earnings Call Transcript” and released on May 01, 2018.

AutoNation, Inc. (NYSE:AN) Analyst Ratings Chart

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