Is there a Bearish outlook for Group 1 Automotive, Inc. (NYSE:GPI) this week?

Group 1 Automotive, Inc. (NYSE:GPI) Logo
Investors sentiment increased to 1.2 in Q3 2018. Its up 0.04, from 1.16 in 2018Q2. It improved, as 15 investors sold Group 1 Automotive, Inc. shares while 59 reduced holdings. 35 funds opened positions while 54 raised stakes. 19.27 million shares or 4.41% less from 20.16 million shares in 2018Q2 were reported.
Invesco Ltd holds 0% or 55,827 shares. Comml Bank Of New York Mellon reported 0.01% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). Texas Permanent School Fund accumulated 11,902 shares. Stone Ridge Asset Ltd Llc holds 4,265 shares. Tiaa Cref Invest Mgmt Limited Liability Corp reported 0% in Group 1 Automotive, Inc. (NYSE:GPI). Clearbridge Invs Ltd Liability has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). Trexquant Invest L P reported 0.04% stake. The New York-based Engineers Gate Manager Limited Partnership has invested 0.18% in Group 1 Automotive, Inc. (NYSE:GPI). Menta Limited Liability Company holds 0.27% or 11,908 shares in its portfolio. Invest Counselors Of Maryland Ltd Liability Corp holds 0.55% or 184,850 shares in its portfolio. Ameritas Prtn stated it has 0% in Group 1 Automotive, Inc. (NYSE:GPI). Aperio Ltd Co has 7,398 shares. Texas-based Smith Graham And Advisors Ltd Partnership has invested 0.83% in Group 1 Automotive, Inc. (NYSE:GPI). Citadel Advsrs Limited has invested 0.01% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). State Of Alaska Department Of Revenue invested in 0.01% or 6,484 shares.

Since August 17, 2018, it had 0 insider purchases, and 3 sales for $2.49 million activity. Burman Darryl M had sold 1,500 shares worth $119,735 on Monday, August 20. The insider Grese Frank sold $384,923.

Group 1 Automotive, Inc. (NYSE:GPI) Ratings Coverage

Among 3 analysts covering Group 1 Automotive (NYSE:GPI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Group 1 Automotive had 4 analyst reports since August 6, 2018 according to SRatingsIntel. As per Monday, October 29, the company rating was upgraded by Buckingham Research. Stephens upgraded Group 1 Automotive, Inc. (NYSE:GPI) on Monday, August 6 to “Overweight” rating. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Equal-Weight” rating given on Wednesday, November 14 by Morgan Stanley. The company was maintained on Wednesday, August 15 by Morgan Stanley. Below is a list of Group 1 Automotive, Inc. (NYSE:GPI) latest ratings and price target changes.

14/11/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Upgrade
29/10/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Buy Upgrade
15/08/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $59 New Target: $64 Maintain
06/08/2018 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight New Target: $95 Upgrade

The stock decreased 0.82% or $0.49 during the last trading session, reaching $59.43. About 93,466 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has declined 36.61% since January 14, 2018 and is downtrending. It has underperformed by 36.61% the S&P500.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.10 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 5.17 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

More notable recent Group 1 Automotive, Inc. (NYSE:GPI) news were published by: Bizjournals.com which released: “DR Horton buys 20-acre home development site in Miami-Dade County near Florida City – South Florida – South Florida Business Journal” on June 25, 2018, also Seekingalpha.com with their article: “Tracking David Abrams’ Abrams Capital Management Portfolio – Q1 2018 Update – Seeking Alpha” published on May 15, 2018, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Amazon, Anheuser-Busch, Caterpillar, HUYA, Ligand Pharma, Verizon, Weyerhaeuser and More – 24/7 Wall St.” on October 29, 2018. More interesting news about Group 1 Automotive, Inc. (NYSE:GPI) were released by: Zacks.com and their article: “Should Value Investors Buy Group 1 Automotive (GPI) Stock? – Zacks.com” published on December 19, 2018 as well as 247Wallst.com‘s news article titled: “Buffett Drives the Gravy Train for Public Auto Dealership Sector – 24/7 Wall St.” with publication date: October 02, 2014.

Group 1 Automotive, Inc. (NYSE:GPI) Institutional Positions Chart

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