New York State Academics Retirement System grew its holdings in Asbury Automotive Group, Inc. (NYSE:ABG – Get Ranking) by 0.5% within the first quarter, in keeping with its most up-to-date disclosure with the Securities & Change Fee. The fund owned 18,475 shares of the corporate’s inventory after shopping for an extra 100 shares in the course of the interval. New York State Academics Retirement System owned 0.08% of Asbury Automotive Group price $2,960,000 as of its most up-to-date submitting with the Securities & Change Fee.
A variety of different hedge funds have additionally modified their holdings of the enterprise. Intrust Financial institution NA raised its place in shares of Asbury Automotive Group by 4.9% within the fourth quarter. Intrust Financial institution NA now owns 1,658 shares of the corporate’s inventory valued at $286,000 after shopping for an extra 78 shares over the last quarter. CWM LLC elevated its place in Asbury Automotive Group by 5.4% in the course of the first quarter. CWM LLC now owns 1,525 shares of the corporate’s inventory price $244,000 after buying an extra 78 shares over the last quarter. First Horizon Advisors Inc. elevated its place in Asbury Automotive Group by 78.4% in the course of the fourth quarter. First Horizon Advisors Inc. now owns 223 shares of the corporate’s inventory price $38,000 after buying an extra 98 shares over the last quarter. Keybank Nationwide Affiliation OH elevated its place in Asbury Automotive Group by 6.8% in the course of the fourth quarter. Keybank Nationwide Affiliation OH now owns 2,437 shares of the corporate’s inventory price $421,000 after buying an extra 155 shares over the last quarter. Lastly, Profund Advisors LLC elevated its place in Asbury Automotive Group by 14.8% in the course of the fourth quarter. Profund Advisors LLC now owns 2,378 shares of the corporate’s inventory price $411,000 after buying an extra 306 shares over the last quarter.
Asbury Automotive Group Buying and selling Up 6.8 %
Shares of ABG inventory opened at $161.28 on Monday. The corporate has a debt-to-equity ratio of 1.53, a present ratio of 1.14 and a fast ratio of 0.70. The agency has a market cap of $3.57 billion, a PE ratio of 5.01, a price-to-earnings-growth ratio of 0.25 and a beta of 1.19. The corporate has a 50-day shifting common of $175.28 and a two-hundred day shifting common of $173.59. Asbury Automotive Group, Inc. has a 1-year low of $146.43 and a 1-year excessive of $230.96.
Asbury Automotive Group (NYSE:ABG – Get Ranking) final introduced its earnings outcomes on Thursday, April twenty eighth. The corporate reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.92 by $0.35. Asbury Automotive Group had a internet margin of 5.86% and a return on fairness of 39.72%. The corporate had income of $3.91 billion in the course of the quarter, in comparison with analyst estimates of $3.91 billion. Throughout the identical quarter final 12 months, the agency posted $4.68 earnings per share. Asbury Automotive Group’s income was up 78.4% in comparison with the identical quarter final 12 months. On common, analysts predict that Asbury Automotive Group, Inc. will submit 35.38 EPS for the present 12 months.
Wall Road Analyst Weigh In
A number of analysis companies lately issued studies on ABG. JPMorgan Chase & Co. reduce their value goal on shares of Asbury Automotive Group from $215.00 to $195.00 in a analysis report on Friday. Morgan Stanley reduce their value goal on shares of Asbury Automotive Group from $152.00 to $130.00 and set an “underweight” ranking for the corporate in a analysis report on Thursday. Lastly, StockNews.com reduce shares of Asbury Automotive Group from a “purchase” ranking to a “maintain” ranking in a analysis report on Thursday. One funding analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and two have issued a purchase ranking to the corporate. In response to MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a consensus goal value of $200.00.
Asbury Automotive Group Firm Profile
(Get Ranking)
Asbury Automotive Group, Inc, along with its subsidiaries, operates as an automotive retailer in the USA. It gives a spread of automotive services and products, together with new and used automobiles; and car restore and upkeep providers, alternative elements, and collision restore providers.
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