Asbury Automotive Group Inc Q4 2017 Institutional Investor Sentiment Better Than Expected

Marco Green
April 16, 2018

The stock decreased 0.89% or $0.6 during the last trading session, reaching $66.65. About 154,034 shares traded. The stock of Asbury Automotive Group, Inc. The stock underperformed the S&P500 by 6.00%.

Jabre Capital Partners Sa decreased Coty Inc (COTY) stake by 74.92% reported in 2017Q4 SEC filing. River Road Asset Management LLC now owns 560,900 shares of the company's stock valued at $35,898,000 after acquiring an additional 22,166 shares during the period. Coty Inc now has $13.24B valuation. The stock increased 1.05% or $0.95 during the last trading session, reaching $91.55. About 3.79M shares traded. Coty Inc. (NYSE:COTY) has risen 0.16% since April 15, 2017 and is uptrending. It has underperformed by 11.55% the S&P500.

Investors sentiment increased to 1.35 in Q4 2017. Its up 0.44, from 0.91 in 2017Q3. BlackRock Inc. increased its stake in Asbury Automotive Group by 0.8% in the fourth quarter. 32 funds opened positions while 53 raised stakes. Federated Invsts Pa invested in 0% or 11,374 shares. Ingalls Snyder Llc stated it has 3,413 shares or 0.01% of all its holdings. Numeric Investors Ltd Liability Corporation holds 0.06% of its portfolio in Asbury Automotive Group, Inc. Bluecrest Cap Management Ltd holds 0.01% of its portfolio in Asbury Automotive Group, Inc. Sei Investments reported 0% stake. Asbury Automotive Group had a return on equity of 39.80% and a net margin of 2.15%.

David Abrams increased its stake in Asbury Automotive Group Inc (ABG) by 8.51% based on its latest 2017Q4 regulatory filing with the SEC. Alliancebernstein Ltd Partnership invested in 0% or 55,751 shares. (NYSE:ABG). New York State Teachers Retirement Sys owns 15,881 shares. It also reduced its holding in Baidu Inc (NASDAQ:BIDU) by 152,000 shares in the quarter, leaving it with 977,459 shares, and cut its stake in Intercontinental Exchange In (NYSE:ICE). (NYSE:ABG) for 7,877 shares. Investors holded 20.68 million in 2017Q3 but now own 21.54 million shares or 4.16% more.

Asbury Automotive Group, Inc. had 6 sales and 0 insider purchases since October 27, 2017. On Thursday, March 8 Stax William Frederick sold $108,304 worth of Asbury Automotive Group, Inc. (NYSE:ABG) or 1,600 shares. Shares for $2.94M were sold by MONAGHAN CRAIG T. JAMES JUANITA T had sold 1,000 shares worth $66,180 on Friday, March 2. On Wednesday, February 7 the rating was maintained by Craig Hallum with "Hold".

In total 5 analysts cover Asbury (NYSE:ABG). Therefore 38% are positive. National CineMedia Inc had 28 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, June 2 by Jefferies. The firm has "Hold" rating by Jefferies given on Thursday, July 6. The rating was upgraded by Bank of America to "Buy" on Thursday, October 22. Asbury Automotive Group has a fifty-two week low of $49.10 and a fifty-two week high of $76.40. The firm earned "Buy" rating on Tuesday, February 23 by Buckingham Research. The stock of Asbury Automotive Group, Inc. The North Star Investment Management Corp holds 479,697 shares with $3.29 million value, down from 601,175 last quarter. On Wednesday, September 30 the stock rating was upgraded by Bank of America to "Neutral". ("Asbury"), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S. Asbury now operates 81 dealerships, consisting of 95 franchises, representing 29 domestic and foreign brands of vehicles. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 9.13 and a beta of 1.33. It offers a range of automotive products and services, including new and used vehicles; and vehicle fix and maintenance, replacement parts, and collision fix services. It has a 10.07 P/E ratio. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance. Lakewood Capital Management Lp bought 22,028 shares as the company's stock rose 0.39% while stock markets declined. Envestnet Asset Management Incorporated invested in 0% or 503 shares. (NYSE:COTY) for 42,236 shares. WesternOne Inc. (TSE:WEQ) has 0.00% since April 14, 2017 and is. (NYSE:COTY) for 1.72 million shares.

TRADEMARK VIOLATION NOTICE: "Asbury Automotive Group (ABG) Shares Bought by Guggenheim Capital LLC" was first reported by Macon Daily and is the property of of Macon Daily. Hotchkis Wiley Capital Mgmt Ltd Liability Co holds 0% or 19,247 shs. (NYSE:ABG). Trexquant L P has 0.06% invested in Asbury Automotive Group, Inc. Lenox Wealth Management Inc has invested 0% in National CineMedia, Inc. Fin Advantage, Maryland-based fund reported 86,587 shares. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company's stock. Coty had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Coty Inc. The rating was maintained by FBR Capital on Friday, February 24 with "Outperform". The stock of Bank of Montreal (NYSE:BMO) earned "Equal-Weight" rating by Barclays Capital on Tuesday, May 23. As per Tuesday, August 22, the company rating was maintained by BMO Capital Markets. Asbury Automotive Group presently has an average rating of Hold and an average target price of $65.00. The firm has "Hold" rating by KeyBanc Capital Markets given on Monday, November 13.

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