Cambiar Investors Llc increased Penske Automotive Grp Inc (PAG) stake by 59.58% reported in 2017Q3 SEC filing. Cambiar Investors Llc acquired 108,972 shares as Penske Automotive Grp Inc (PAG)’s stock declined 16.17%. The Cambiar Investors Llc holds 291,868 shares with $13.88M value, up from 182,896 last quarter. Penske Automotive Grp Inc now has $3.87 billion valuation. The stock decreased 2.16% or $0.995 during the last trading session, reaching $45.135. About 228,738 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has risen 20.45% since March 19, 2017 and is uptrending. It has outperformed by 3.75% the S&P500.
The stock increased 0.09% or $0.01 during the last trading session, reaching $11.07. About 50,147 shares traded. Nuveen Floating Rate Income Opportunity Fund (JRO) has risen 16.77% since March 19, 2017 and is uptrending. It has outperformed by 0.07% the S&P500.
Since October 20, 2017, it had 2 buys, and 1 insider sale for $50.00 million activity. PENSKE CORP bought $50.00 million worth of Penske Automotive Group, Inc. (NYSE:PAG) on Friday, October 20. PENSKE ROGER S bought 1.10 million shares worth $50.00 million. The insider MITSUI & CO LTD sold $50.00 million.
Among 9 analysts covering Penske Automotive Group (NYSE:PAG), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Penske Automotive Group had 14 analyst reports since October 14, 2015 according to SRatingsIntel. The stock of Penske Automotive Group, Inc. (NYSE:PAG) earned “Hold” rating by KeyBanc Capital Markets on Thursday, August 31. The firm earned “Buy” rating on Thursday, September 28 by Northcoast. The firm has “Overweight” rating given on Wednesday, March 14 by Morgan Stanley. KeyBanc Capital Markets downgraded Penske Automotive Group, Inc. (NYSE:PAG) on Tuesday, June 28 to “Sector Perform” rating. The stock has “Hold” rating by Gabelli on Thursday, September 15. The firm has “Sell” rating by Evercore given on Thursday, October 13. Seaport Global initiated the stock with “Neutral” rating in Tuesday, August 9 report. Bank of America maintained the shares of PAG in report on Friday, February 9 with “Buy” rating. KeyBanc Capital Markets maintained Penske Automotive Group, Inc. (NYSE:PAG) on Monday, November 13 with “Hold” rating. Susquehanna initiated the shares of PAG in report on Thursday, February 2 with “Positive” rating.
Cambiar Investors Llc decreased Beacon Roofing Supply Inc (NASDAQ:BECN) stake by 107,514 shares to 229,782 valued at $11.78 million in 2017Q3. It also reduced Lilly Eli & Co (NYSE:LLY) stake by 60,432 shares and now owns 473,641 shares. Group 1 Automotive Inc (NYSE:GPI) was reduced too.
Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.20, from 1.28 in 2017Q2. It is negative, as 26 investors sold PAG shares while 55 reduced holdings. 42 funds opened positions while 62 raised stakes. 34.35 million shares or 3.33% more from 33.24 million shares in 2017Q2 were reported. First Republic Inv Mgmt invested in 0% or 7,973 shares. Ellington Gp Ltd Liability Com holds 5,100 shares or 0.04% of its portfolio. Crestpoint Ltd Company invested in 18,000 shares. California-based Lpl Fincl Ltd Liability has invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). Stevens Cap Mngmt Limited Partnership has 12,775 shares. Secor Capital Advisors Lp accumulated 135,312 shares. Retail Bank Of Montreal Can reported 3,028 shares. Citadel Advsr Limited Liability has invested 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). West Oak Lc invested in 53 shares. Credit Suisse Ag reported 16,937 shares. Commonwealth Financial Bank Of Australia invested 0.01% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Fiduciary Mngmt Incorporated Wi owns 1.85M shares. Parallax Volatility Advisers LP stated it has 29 shares. Alliancebernstein Limited Partnership holds 22,250 shares. Comerica Bank & Trust reported 0.01% in Penske Automotive Group, Inc. (NYSE:PAG).
Restructuring Capital Associates Lp holds 13.17% of its portfolio in Nuveen Floating Rate Income Opportunity Fund for 1.13 million shares. Founders Financial Securities Llc owns 192,081 shares or 0.81% of their US portfolio. Moreover, Livingston Group Asset Management Co (Operating As Southport Capital Management) has 0.52% invested in the company for 104,575 shares. The Minnesota-based Gradient Investments Llc has invested 0.35% in the stock. Windsor Capital Management Llc, a Arizona-based fund reported 56,537 shares.