Shell Asset Management Co. lowered its situation in Asbury Automotive Group, Inc. (NYSE:ABG – Get Score) by 12.8% for the duration of the 1st quarter, according to the company in its most the latest disclosure with the Securities & Trade Fee. The institutional trader owned 5,022 shares of the company’s inventory right after selling 735 shares for the duration of the quarter. Shell Asset Administration Co.’s holdings in Asbury Automotive Team were being well worth $805,000 at the stop of the most latest quarter.
A number of other hedge resources have also recently added to or reduced their stakes in the corporation. Arizona State Retirement System elevated its holdings in Asbury Automotive Group by 2.6% in the initial quarter. Arizona Condition Retirement Procedure now owns 5,941 shares of the company’s inventory valued at $952,000 immediately after buying an added 152 shares in the last quarter. Mount Yale Expense Advisors LLC raised its holdings in Asbury Automotive Group by 272.8% for the duration of the initial quarter. Mount Yale Expense Advisors LLC now owns 4,831 shares of the company’s stock worth $774,000 following paying for an more 3,535 shares in the final quarter. Jackson Creek Investment Advisors LLC elevated its holdings in Asbury Automotive Team by 2.1% all through the initially quarter. Jackson Creek Investment decision Advisors LLC now owns 6,474 shares of the company’s inventory worthy of $1,037,000 after purchasing an added 135 shares in the very last quarter. National Asset Management Inc. elevated its holdings in Asbury Automotive Team by 4.% through the to start with quarter. Countrywide Asset Management Inc. now owns 1,884 shares of the company’s stock value $303,000 after obtaining an more 73 shares in the past quarter. Lastly, Mutual of The united states Capital Management LLC raised its holdings in Asbury Automotive Group by 5.5% all through the very first quarter. Mutual of The usa Funds Management LLC now owns 3,334 shares of the company’s inventory really worth $534,000 immediately after buying an further 174 shares in the last quarter.
Asbury Automotive Team Stock Overall performance
Shares of Asbury Automotive Group inventory opened at $171.64 on Monday. The firm’s fifty day very simple transferring average is $172.34 and its 200-working day very simple going regular is $173.19. The stock has a sector capitalization of $3.80 billion, a rate-to-earnings ratio of 5.34, a PEG ratio of .25 and a beta of 1.19. Asbury Automotive Group, Inc. has a 12 thirty day period minimal of $146.43 and a 12 month superior of $230.96. The corporation has a debt-to-fairness ratio of 1.53, a present ratio of 1.14 and a swift ratio of .70.
Asbury Automotive Team (NYSE:ABG – Get Rating) final announced its earnings final results on Thursday, July 28th. The organization claimed $10.04 EPS for the quarter, beating analysts’ consensus estimates of $8.88 by $1.16. Asbury Automotive Team experienced a net margin of 5.86% and a return on fairness of 39.72%. The organization had profits of $3.95 billion for the quarter, when compared to analysts’ anticipations of $3.82 billion. As a team, equities analysts forecast that Asbury Automotive Team, Inc. will put up 35.12 earnings for each share for the recent yr.
Wall Avenue Analysts Forecast Growth
A selection of exploration companies have weighed in on ABG. Morgan Stanley lifted their value objective on shares of Asbury Automotive Team from $130.00 to $135.00 and gave the stock an “underweight” ranking in a report on Friday. JPMorgan Chase & Co. lower their selling price aim on shares of Asbury Automotive Group from $215.00 to $195.00 in a report on Friday, July 15th. Ultimately, StockNews.com raised shares of Asbury Automotive Team from a “hold” ranking to a “buy” score in a report on Friday. One particular investment analyst has rated the stock with a offer ranking, a person has issued a keep ranking and 3 have provided a purchase rating to the company’s stock. According to MarketBeat.com, the stock at the moment has an typical score of “Hold” and a consensus goal value of $201.25.
Asbury Automotive Team Business Profile
Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a selection of automotive items and expert services, like new and applied autos and car restore and routine maintenance solutions, alternative elements, and collision restore products and services.
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