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Dalton Greiner Hartman Maher & Co Increased Its Abm Inds Com (ABM) Position; Shorts at Asbury Automotive Group (ABG) Raised By 8.33%

ABM Industries Incorporated (NYSE:ABM) Logo

Asbury Automotive Group Inc (NYSE:ABG) had an increase of 8.33% in short interest. ABG’s SI was 1.97 million shares in April as released by FINRA. Its up 8.33% from 1.82 million shares previously. With 219,900 avg volume, 9 days are for Asbury Automotive Group Inc (NYSE:ABG)’s short sellers to cover ABG’s short positions. The SI to Asbury Automotive Group Inc’s float is 11.55%. 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.

Dalton Greiner Hartman Maher & Co increased Abm Inds Inc Com (ABM) stake by 62.74% reported in 2017Q4 SEC filing. Dalton Greiner Hartman Maher & Co acquired 307,846 shares as Abm Inds Inc Com (ABM)’s stock declined 14.28%. The Dalton Greiner Hartman Maher & Co holds 798,509 shares with $30.12 million value, up from 490,663 last quarter. Abm Inds Inc Com now has $2.13 billion valuation. The stock increased 0.65% or $0.21 during the last trading session, reaching $32.46. About 397,307 shares traded. ABM Industries Incorporated (NYSE:ABM) has declined 24.34% since April 17, 2017 and is downtrending. It has underperformed by 35.89% the S&P500.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.42 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 10.29 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.

Since October 27, 2017, it had 0 buys, and 6 insider sales for $5.40 million activity. Stax William Frederick had sold 1,600 shares worth $108,304 on Thursday, March 8. 48,288 Asbury Automotive Group, Inc. (NYSE:ABG) shares with value of $2.94 million were sold by MONAGHAN CRAIG T. Another trade for 1,000 shares valued at $66,180 was made by JAMES JUANITA T on Friday, March 2. 1,500 shares were sold by REDDIN THOMAS, worth $103,500 on Friday, March 9. 3,150 Asbury Automotive Group, Inc. (NYSE:ABG) shares with value of $219,051 were sold by Karolis George.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.44, from 0.91 in 2017Q3. It is positive, 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. First Quadrant Ltd Partnership Ca reported 12,100 shares. Macquarie Group Inc Inc holds 0.05% in Asbury Automotive Group, Inc. (NYSE:ABG) or 408,947 shares. Royal Bank & Trust Of Canada holds 5,907 shares or 0% of its portfolio. Barclays Public Ltd reported 38,595 shares. Principal Gp Inc invested in 142,558 shares or 0.01% of the stock. Burgundy Asset Ltd invested 0.49% in Asbury Automotive Group, Inc. (NYSE:ABG). Metropolitan Life Ins Ny, New York-based fund reported 5,805 shares. Chicago Equity Prtnrs Ltd Liability Co holds 0.03% or 17,300 shares in its portfolio. Pacad Inv accumulated 2,300 shares or 0.03% of the stock. Alliancebernstein Lp stated it has 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). 2,000 were reported by James Investment Rech Incorporated. First Manhattan reported 248,581 shares or 0.09% of all its holdings. Pnc Financial Group Inc Inc, a Pennsylvania-based fund reported 1,731 shares. 1832 Asset Mgmt Lp has 85 shares for 0% of their portfolio. 21,200 are held by Eulav Asset Mngmt.

Among 8 analysts covering Asbury Automotive (NYSE:ABG), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Asbury Automotive has $100 highest and $5500 lowest target. $79’s average target is 16.01% above currents $68.1 stock price. Asbury Automotive had 25 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, March 14 report. Jefferies maintained it with “Hold” rating and $6800 target in Friday, June 2 report. The firm has “Hold” rating by Craig Hallum given on Wednesday, July 26. The rating was upgraded by Buckingham Research to “Buy” on Tuesday, February 23. Stephens maintained Asbury Automotive Group, Inc. (NYSE:ABG) on Tuesday, February 6 with “Buy” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, August 31. As per Tuesday, February 6, the company rating was maintained by Jefferies. KeyBanc Capital Markets downgraded the shares of ABG in report on Wednesday, November 16 to “Sector Weight” rating. The firm earned “Hold” rating on Wednesday, October 11 by Jefferies. Craig Hallum upgraded the shares of ABG in report on Tuesday, September 8 to “Buy” rating.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.32, from 0.97 in 2017Q3. It improved, as 24 investors sold ABM shares while 45 reduced holdings. 29 funds opened positions while 60 raised stakes. 61.91 million shares or 4.48% more from 59.25 million shares in 2017Q3 were reported. Cubist Systematic Strategies Ltd Liability Com has 4,363 shares for 0.01% of their portfolio. Pnc Financial Services, Pennsylvania-based fund reported 2,931 shares. Parkside Finance Bancorporation stated it has 0.01% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Amalgamated Savings Bank has invested 0.01% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Morgan Stanley reported 149,381 shares. Proshare Advsr Ltd Liability reported 191,731 shares. The Massachusetts-based Fmr Limited Com has invested 0.01% in ABM Industries Incorporated (NYSE:ABM). Suntrust Banks owns 11,549 shares or 0% of their US portfolio. 421,387 are owned by Principal Fincl Group Inc. Sg Americas Ltd Liability Corporation has 3,951 shares. 72,674 were accumulated by Credit Suisse Ag. Rothschild Asset Mngmt holds 256,796 shares or 0.1% of its portfolio. Shell Asset Mngmt has invested 0.03% in ABM Industries Incorporated (NYSE:ABM). Profund Advisors Ltd Liability Corp holds 8,559 shares or 0.01% of its portfolio. Ubs Asset Management Americas has invested 0% of its portfolio in ABM Industries Incorporated (NYSE:ABM).

Dalton Greiner Hartman Maher & Co decreased Brighthouse Finl Inc Com stake by 33,460 shares to 28,377 valued at $1.66 million in 2017Q4. It also reduced Graphic Packaging Hldg Co Com (NYSE:GPK) stake by 105,734 shares and now owns 32,873 shares. National Oilwell Varco Inc Com (NYSE:NOV) was reduced too.

Among 4 analysts covering ABM Industries (NYSE:ABM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ABM Industries has $50 highest and $38 lowest target. $43.67’s average target is 34.53% above currents $32.46 stock price. ABM Industries had 17 analyst reports since August 31, 2015 according to SRatingsIntel. As per Thursday, March 8, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained the stock with “Buy” rating in Thursday, March 15 report. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, May 31 report. KeyBanc Capital Markets downgraded ABM Industries Incorporated (NYSE:ABM) on Thursday, October 29 to “Sector Weight” rating. The rating was upgraded by Sidoti on Thursday, July 13 to “Buy”. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) on Thursday, July 13 with “Outperform” rating. The stock of ABM Industries Incorporated (NYSE:ABM) has “Buy” rating given on Thursday, August 24 by Robert W. Baird. The stock of ABM Industries Incorporated (NYSE:ABM) has “Neutral” rating given on Tuesday, December 6 by Robert W. Baird. Zacks downgraded the shares of ABM in report on Monday, August 31 to “Buy” rating. The rating was maintained by Robert W. Baird on Monday, October 2 with “Buy”.

Since January 10, 2018, it had 0 insider purchases, and 1 insider sale for $81,789 activity. CHAVEZ LINDA also sold $81,789 worth of ABM Industries Incorporated (NYSE:ABM) on Wednesday, January 10.

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

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