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Asbury Automotive Group, Inc. (ABG) Trades at $68.10 After Triangle; Robeco Institutional Asset Management Upped Anthem (ANTM) Position By $49.92 Million

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Asbury Automotive Group, Inc. (ABG) formed triangle with $73.55 target or 8.00% above today’s $68.10 share price. Asbury Automotive Group, Inc. (ABG) has $1.42B valuation. The stock increased 2.18% or $1.45 during the last trading session, reaching $68.1. About 172,590 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 5.55% since April 17, 2017 and is uptrending. It has underperformed by 6.00% the S&P500.

Robeco Institutional Asset Management increased Anthem Inc (ANTM) stake by 45.09% reported in 2017Q4 SEC filing. Robeco Institutional Asset Management acquired 221,852 shares as Anthem Inc (ANTM)’s stock declined 2.73%. The Robeco Institutional Asset Management holds 713,867 shares with $160.63M value, up from 492,015 last quarter. Anthem Inc now has $57.64 billion valuation. The stock increased 1.46% or $3.25 during the last trading session, reaching $225.27. About 1.20M shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since April 17, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Among 8 analysts covering Asbury Automotive (NYSE:ABG), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Asbury Automotive had 25 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Underweight” rating and $63 target in Wednesday, March 14 report. The firm has “Neutral” rating given on Monday, August 31 by Buckingham Research. The stock of Asbury Automotive Group, Inc. (NYSE:ABG) earned “Hold” rating by Jefferies on Thursday, July 6. The rating was maintained by Stephens on Tuesday, February 6 with “Buy”. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, November 13 report. Jefferies maintained Asbury Automotive Group, Inc. (NYSE:ABG) rating on Tuesday, February 6. Jefferies has “Hold” rating and $74.0 target. As per Monday, April 11, the company rating was initiated by Jefferies. Jefferies maintained Asbury Automotive Group, Inc. (NYSE:ABG) on Wednesday, October 11 with “Hold” rating. On Tuesday, January 12 the stock rating was downgraded by Craig Hallum to “Hold”. As per Tuesday, October 3, the company rating was maintained by KeyBanc Capital Markets.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.44, from 0.91 in 2017Q3. It improved, as 14 investors sold Asbury Automotive Group, Inc. shares while 49 reduced holdings. 32 funds opened positions while 53 raised stakes. 21.54 million shares or 4.16% more from 20.68 million shares in 2017Q3 were reported. Price T Rowe Md has 0% invested in Asbury Automotive Group, Inc. (NYSE:ABG). Geode Cap Management Limited Liability Corp accumulated 162,071 shares or 0% of the stock. Envestnet Asset Mgmt has invested 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Guggenheim Cap Ltd Com stated it has 103,480 shares. Canada Pension Plan Investment Board reported 133,800 shares or 0.02% of all its holdings. Ellington Mgmt Group Lc reported 5,200 shares. Dimensional Fund L P has 0.02% invested in Asbury Automotive Group, Inc. (NYSE:ABG). First Quadrant Lp Ca reported 12,100 shares stake. Hbk Investments Lp accumulated 5,192 shares. Principal Financial Grp Inc owns 0.01% invested in Asbury Automotive Group, Inc. (NYSE:ABG) for 142,558 shares. Moon Capital Mgmt Lp invested in 1.57% or 79,522 shares. Thrivent For Lutherans holds 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 11,320 shares. Advisory Serv Networks Llc holds 0% or 252 shares. Teacher Retirement System Of Texas reported 6,461 shares. Jpmorgan Chase And stated it has 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG).

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on April, 24 before the open. They expect $1.80 earnings per share, up 13.92% or $0.22 from last year’s $1.58 per share. ABG’s profit will be $37.64 million for 9.46 P/E if the $1.80 EPS becomes a reality. After $1.81 actual earnings per share reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -0.55% negative EPS growth.

Since October 27, 2017, it had 0 insider purchases, and 6 insider sales for $5.40 million activity. $103,500 worth of Asbury Automotive Group, Inc. (NYSE:ABG) was sold by REDDIN THOMAS. MONAGHAN CRAIG T sold 28,575 shares worth $1.96M. JAMES JUANITA T also sold $66,180 worth of Asbury Automotive Group, Inc. (NYSE:ABG) on Friday, March 2. Karolis George sold $219,051 worth of stock. The insider Stax William Frederick sold $108,304.

Asbury Automotive Group, Inc. (NYSE:ABG) Institutional Positions Chart

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