Commonwealth Equity Expert services LLC obtained a new stake in Asbury Automotive Team, Inc. (NYSE:ABG – Get Score) in the 1st quarter, according to the enterprise in its most new submitting with the SEC. The fund acquired 1,974 shares of the company’s stock, valued at roughly $316,000.
Many other hedge money also lately modified their holdings of the stock. Condition Avenue Corp elevated its stake in shares of Asbury Automotive Group by 14.7% in the 4th quarter. Point out Road Corp now owns 791,646 shares of the company’s stock valued at $136,741,000 soon after attaining an supplemental 101,755 shares in the previous quarter. Congress Asset Administration Co. MA elevated its stake in shares of Asbury Automotive Group by 11.5% in the 1st quarter. Congress Asset Management Co. MA now owns 748,183 shares of the company’s inventory valued at $119,859,000 right after obtaining an added 76,929 shares in the last quarter. Dimensional Fund Advisors LP elevated its stake in shares of Asbury Automotive Team by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 742,439 shares of the company’s inventory valued at $128,237,000 following obtaining an further 12,755 shares in the final quarter. Simcoe Funds Management LLC greater its stake in shares of Asbury Automotive Team by 10.5% in the 4th quarter. Simcoe Capital Management LLC now owns 721,990 shares of the company’s stock valued at $124,709,000 right after buying an added 68,635 shares in the last quarter. At last, Capital Analysis Worldwide Buyers improved its stake in shares of Asbury Automotive Group by 16.9% in the 4th quarter. Cash Investigation Global Buyers now owns 562,117 shares of the company’s inventory valued at $97,094,000 soon after getting an additional 81,133 shares in the past quarter.
Asbury Automotive Group Price General performance
ABG opened at $181.84 on Wednesday. The company has a debt-to-fairness ratio of 1.38, a current ratio of 1.38 and a swift ratio of .71. The organization has a sector capitalization of $4.02 billion, a value-to-earnings ratio of 5.44, a P/E/G ratio of .27 and a beta of 1.13. The firm’s fifty working day shifting typical rate is $173.16 and its two-hundred day relocating regular price tag is $175.53. Asbury Automotive Team, Inc. has a 1 yr small of $146.43 and a 1 yr superior of $230.96.
Analyst Ratings Modifications
Various analysis corporations have not too long ago weighed in on ABG. Morgan Stanley lifted their price aim on shares of Asbury Automotive Group from $130.00 to $135.00 and gave the business an “underweight” rating in a study note on Friday, July 29th. JPMorgan Chase & Co. lifted their value goal on shares of Asbury Automotive Team from $195.00 to $205.00 and gave the organization a “neutral” ranking in a investigation report on Monday, August 1st. Lastly, StockNews.com elevated shares of Asbury Automotive Team from a “hold” rating to a “buy” ranking in a analysis report on Friday, July 29th. A single investigation analyst has rated the stock with a offer rating, a person has issued a keep rating and three have issued a buy ranking to the firm. According to knowledge from MarketBeat.com, the stock presently has a consensus score of “Hold” and an average cost goal of $203.75.
Asbury Automotive Group Profile
Asbury Automotive Team, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It gives a variety of automotive merchandise and solutions, like new and applied autos and vehicle repair service and servicing services, replacement elements, and collision restore expert services.
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