AutoNation, Inc. (NYSE:AN) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its holdings in AutoNation, Inc. (NYSE:AN) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,173 shares of the company’s stock after purchasing an additional 181 shares during the period. Thrivent Financial for Lutherans’ holdings in AutoNation were worth $1,999,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in shares of AutoNation by 90.6% in the second quarter. GAMMA Investing LLC now owns 202 shares of the company’s stock worth $32,000 after acquiring an additional 96 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of AutoNation in the second quarter worth approximately $37,000. Venturi Wealth Management LLC boosted its stake in shares of AutoNation by 403.6% in the third quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock worth $50,000 after acquiring an additional 226 shares during the last quarter. Quarry LP boosted its stake in shares of AutoNation by 498.5% in the second quarter. Quarry LP now owns 407 shares of the company’s stock worth $65,000 after acquiring an additional 339 shares during the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of AutoNation in the second quarter worth approximately $103,000. 94.62% of the stock is owned by institutional investors and hedge funds.

AutoNation Price Performance

NYSE:AN opened at $179.22 on Friday. AutoNation, Inc. has a 52 week low of $130.35 and a 52 week high of $197.18. The company has a quick ratio of 0.20, a current ratio of 0.80 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $7.11 billion, a P/E ratio of 10.34, a P/E/G ratio of 3.76 and a beta of 1.21. The stock’s fifty day moving average is $168.00 and its two-hundred day moving average is $168.73.

Analyst Ratings Changes

AN has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Stephens initiated coverage on AutoNation in a research report on Thursday, September 12th. They set an “overweight” rating and a $210.00 price objective on the stock. Morgan Stanley upgraded AutoNation from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $145.00 to $200.00 in a research report on Wednesday, September 25th. Guggenheim reduced their price objective on AutoNation from $190.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Finally, Wells Fargo & Company reduced their price objective on AutoNation from $187.00 to $181.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, AutoNation has a consensus rating of “Moderate Buy” and a consensus price target of $199.29.

About AutoNation

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.