Mount Yale Investment Advisors LLC Has $438,000 Stock Position in AutoNation, Inc. (NYSE:AN)

Mount Yale Investment Advisors LLC increased its stake in shares of AutoNation, Inc. (NYSE:AN) by 11.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,577 shares of the company’s stock after acquiring an additional 273 shares during the period. Mount Yale Investment Advisors LLC’s holdings in AutoNation were worth $438,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Pacer Advisors Inc. boosted its holdings in shares of AutoNation by 9.4% in the 4th quarter. Pacer Advisors Inc. now owns 5,549 shares of the company’s stock valued at $942,000 after buying an additional 476 shares during the last quarter. KBC Group NV lifted its stake in AutoNation by 3.4% in the fourth quarter. KBC Group NV now owns 10,848 shares of the company’s stock valued at $1,842,000 after acquiring an additional 352 shares during the last quarter. Blue Trust Inc. grew its position in shares of AutoNation by 38.8% in the 4th quarter. Blue Trust Inc. now owns 2,636 shares of the company’s stock valued at $472,000 after acquiring an additional 737 shares during the period. Whalen Wealth Management Inc. acquired a new position in shares of AutoNation during the 4th quarter worth about $255,000. Finally, Davis Capital Management raised its holdings in shares of AutoNation by 0.8% in the 4th quarter. Davis Capital Management now owns 9,703 shares of the company’s stock valued at $1,648,000 after purchasing an additional 79 shares during the period. 94.62% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reduced their price target on AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Stephens increased their price target on AutoNation from $192.00 to $195.00 and gave the company an “equal weight” rating in a research note on Monday. Bank of America reduced their price objective on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Guggenheim dropped their price objective on shares of 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 lifted their target price on shares of AutoNation from $169.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.57.

AutoNation Trading Up 1.2 %

Shares of AutoNation stock opened at $187.74 on Wednesday. AutoNation, Inc. has a 52-week low of $136.35 and a 52-week high of $197.18. The stock has a market cap of $7.44 billion, a PE ratio of 10.83, a PEG ratio of 3.50 and a beta of 1.26. The firm has a 50-day moving average of $175.98 and a 200-day moving average of $172.14. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80.

AutoNation Profile

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.