Analysts take a look at Asbury Automotive Group, Inc. (NYSE:ABG) having this to say.

Asbury Automotive Group, Inc. (NYSE:ABG) Logo
Investors sentiment decreased to 1.42 in Q3 2018. Its down 0.25, from 1.67 in 2018Q2. It turned negative, as 12 investors sold Asbury Automotive Group, Inc. shares while 50 reduced holdings. 26 funds opened positions while 62 raised stakes. 20.36 million shares or 1.15% less from 20.59 million shares in 2018Q2 were reported.
Parallax Volatility Advisers Lp invested in 0% or 235 shares. Royal Bancorporation Of Canada accumulated 1,224 shares. Jennison Associates Lc has invested 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Burgundy Asset holds 0.07% or 110,838 shares. Ameriprise Finance accumulated 127,721 shares. Guggenheim Cap Ltd Liability Corp holds 14,153 shares or 0.01% of its portfolio. Moreover, Comerica Bancorp has 0.01% invested in Asbury Automotive Group, Inc. (NYSE:ABG). Robeco Institutional Asset Bv accumulated 13,436 shares. 12,806 are owned by Texas Permanent School Fund. Menta Cap Ltd Limited Liability Company holds 0.25% or 10,237 shares in its portfolio. Louisiana State Employees Retirement System invested in 9,000 shares. The Connecticut-based Aqr Limited Liability Corporation has invested 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Kbc Group Inc Nv has 18,396 shares. D E Shaw invested 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Price T Rowe Associate Md holds 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 6,879 shares.

Since August 17, 2018, it had 0 insider purchases, and 2 sales for $1.24 million activity. Another trade for 15,000 shares valued at $1.12M was sold by DELOACH THOMAS C JR.

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

Among 3 analysts covering Asbury Automotive Group (NYSE:ABG), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Asbury Automotive Group had 3 analyst reports since August 24, 2018 according to SRatingsIntel. On Wednesday, October 24 the stock rating was maintained by Buckingham Research with “Neutral”. The firm has “Underweight” rating given on Wednesday, November 14 by Morgan Stanley. Below is a list of Asbury Automotive Group, Inc. (NYSE:ABG) latest ratings and price target changes.

14/11/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $71 New Target: $81 Maintain
24/10/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $74 Maintain
24/08/2018 Broker: SunTrust Rating: Hold New Target: $78 Initiates Coverage On

The stock decreased 0.69% or $0.48 during the last trading session, reaching $69.16. About 171,014 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has declined 4.54% since January 14, 2018 and is downtrending. It has underperformed by 4.54% the S&P500.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.36 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 8.39 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) Institutional Positions Chart

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