Dell Michael S Disclosed New Asbury Automotive Group Inc Position

December 8, 2017 - By Stephen Andrade

 Dell Michael S Disclosed New Asbury Automotive Group Inc Position

Investors sentiment decreased to 1.03 in 2017 Q2. Its down 0.12, from 1.15 in 2017Q1. It dived, as 18 investors sold Asbury Automotive Group, Inc. shares while 53 reduced holdings. 25 funds opened positions while 48 raised stakes. 21.26 million shares or 1.45% more from 20.96 million shares in 2017Q1 were reported.

Metropolitan Life Ins Com reported 0.01% stake. State Board Of Administration Of Florida Retirement Sys holds 0% or 7,863 shares in its portfolio. 85 were accumulated by 1832 Asset Management Lp. Janney Montgomery Scott Ltd Liability invested in 9,095 shares or 0.01% of the stock. Brandywine Invest Mgmt Ltd Limited Liability Company has invested 0.03% in Asbury Automotive Group, Inc. (NYSE:ABG). Employees Retirement Association Of Colorado invested in 0.1% or 240,263 shares. 83,100 are owned by Canada Pension Plan Investment Board. Denali Advisors Lc stated it has 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Fuller And Thaler Asset has invested 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Ahl Llp holds 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG) or 6,537 shares. 115,254 are owned by Ameriprise Financial. Riverhead Cap Mgmt Ltd Liability reported 0% stake. Moreover, Bluecrest Capital Management Limited has 0.01% invested in Asbury Automotive Group, Inc. (NYSE:ABG) for 4,287 shares. 80,500 are owned by Point72 Asset L P. Sg Americas Securities Ltd Llc invested 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG).

Since June 12, 2017, it had 0 insider purchases, and 1 sale for $716,718 activity.

The New Dell Michael S Holding in Asbury Automotive Group Inc

Dell Michael S reported SC 13G form with the SEC for Asbury Automotive Group Inc. Access it here: 000112329217001753. As reported by Dell Michael S, the filler owns 7.1% or 1,475,266 shares of the Consumer Discretionary–company.

Asbury Automotive Group Inc stake is new for [reportingPerson]. Date of activity: December 5, 2017. This shows Dell Michael S’s positive view for Asbury Automotive Group Inc.

Asbury Automotive Group Inc Institutional Sentiment

Filings show 181 investors own Asbury Automotive Group Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 8232002. 34798713 were owned by these investors. 30 funds opened new Asbury Automotive Group Inc stakes, 62 increased positions. There were 27 that closed positions and 76 reduced them.

5 investors had the stock in their top 10. Some are: Msd Capital L P..

Claus Moller P2 Capital Partners Llc is an investor bullish on Asbury Automotive Group Inc, owning 428315 shares as of Q3 2015 for 6.73% of its portfolio. Ranger Investment Management Lp owns 643885 shares or 2.94% of its portfolio. NY Lioneye Capital Management Llc have 8.68% of its portfolio for 2579262 shares. Further, Vollero Beach Capital Partners Llc reported stake worth 3.87% of its portfolio. The NY Msd Capital L P owns 2225596 shares. Asbury Automotive Group Inc is 24.08% of its portfolio.

SEC Form 13G.

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on February, 6. They expect $1.59 EPS, up 1.92 % or $0.03 from last year’s $1.56 per share. ABG’s profit will be $33.09 million for 10.46 P/E if the $1.59 EPS becomes a reality. After $1.48 actual EPS reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts 7.43 % EPS growth.

The stock increased 0.45% or $0.3 during the last trading session, reaching $66.5. About 228,144 shares traded or 8.27% up from the average. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since December 8, 2016 and is uptrending. It has underperformed by 9.15% the S&P500.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.38 billion. It offers a range of automotive services and products, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services. It has a 8.6 P/E ratio. The firm 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.

Asbury Automotive Group, Inc. (NYSE:ABG) Ratings Coverage

Among 7 analysts covering Asbury Automotive (NYSE:ABG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Asbury Automotive has $100 highest and $5500 lowest target. $76.17’s average target is 14.54% above currents $66.5 stock price. Asbury Automotive had 21 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, August 28 by KeyBanc Capital Markets. Bank of America upgraded Asbury Automotive Group, Inc. (NYSE:ABG) on Thursday, October 22 to “Buy” rating. The firm earned “Neutral” rating on Monday, August 31 by Buckingham Research. As per Tuesday, October 3, the company rating was maintained by KeyBanc Capital Markets. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, November 13 report. The firm earned “Underperform” rating on Wednesday, July 22 by Bank of America. Jefferies initiated Asbury Automotive Group, Inc. (NYSE:ABG) on Monday, April 11 with “Hold” rating. The firm earned “Hold” rating on Friday, September 8 by Jefferies. The firm earned “Buy” rating on Tuesday, February 23 by Buckingham Research. The rating was maintained by Jefferies with “Hold” on Friday, June 2.

More notable recent Asbury Automotive Group, Inc. (NYSE:ABG) news were published by: Seekingalpha.com which released: “Asbury Automotive Group’s (ABG) CEO Craig Monaghan on Q2 2017 Results …” on July 25, 2017, also Prnewswire.com with their article: “Asbury Automotive Group, Inc. Announces Appointment of Sean D. Goodman as …” published on May 05, 2017, Gurufocus.com published: “David Abrams Buys Teva Pharmaceutical Industries, O’Reilly Automotive Inc …” on December 08, 2017. More interesting news about Asbury Automotive Group, Inc. (NYSE:ABG) were released by: Reuters.com and their article: “BRIEF-Asbury Automotive Group Inc announces CEO succession plan” published on August 22, 2017 as well as Prnewswire.com‘s news article titled: “Asbury Automotive Group Announces Third Quarter 2017 Financial Results” with publication date: October 24, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.