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Rbs Partners LP Has Trimmed Autonation (AN) Position as Valuation Declined; Fortinet (FTNT) Holding Maintained by Woodstock Corp

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Woodstock Corp increased its stake in Fortinet Inc (FTNT) by 30.69% based on its latest 2017Q4 regulatory filing with the SEC. Woodstock Corp bought 19,968 shares as the company’s stock rose 21.43% while stock markets declined. The institutional investor held 85,021 shares of the technology company at the end of 2017Q4, valued at $3.72M, up from 65,053 at the end of the previous reported quarter. Woodstock Corp who had been investing in Fortinet Inc for a number of months, seems to be bullish on the $9.60 billion market cap company. The stock decreased 0.45% or $0.26 during the last trading session, reaching $57.15. About 594,970 shares traded. Fortinet, Inc. (NASDAQ:FTNT) has risen 46.75% since April 23, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Rbs Partners Lp decreased its stake in Autonation Inc (AN) by 18.68% based on its latest 2017Q4 regulatory filing with the SEC. Rbs Partners Lp sold 921,471 shares as the company’s stock declined 10.61% with the market. The institutional investor held 4.01M shares of the consumer durables company at the end of 2017Q4, valued at $205.95M, down from 4.93 million at the end of the previous reported quarter. Rbs Partners Lp who had been investing in Autonation Inc for a number of months, seems to be less bullish one the $4.18B market cap company. The stock decreased 1.89% or $0.88 during the last trading session, reaching $45.57. About 656,264 shares traded. AutoNation, Inc. (NYSE:AN) has risen 8.96% since April 23, 2017 and is uptrending. It has underperformed by 2.59% the S&P500.

Among 22 analysts covering AutoNation (NYSE:AN), 6 have Buy rating, 2 Sell and 14 Hold. Therefore 27% are positive. AutoNation had 40 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, November 2 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained the shares of AN in report on Tuesday, May 30 with “Hold” rating. The firm has “Peer Perform” rating by Wolfe Research given on Wednesday, August 31. The firm has “Buy” rating given on Thursday, September 8 by CL King. KeyBanc Capital Markets maintained AutoNation, Inc. (NYSE:AN) on Tuesday, October 3 with “Hold” rating. KeyBanc Capital Markets maintained AutoNation, Inc. (NYSE:AN) on Monday, November 13 with “Hold” rating. The rating was upgraded by Stifel Nicolaus on Thursday, October 29 to “Buy”. On Thursday, August 3 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Hold” rating by Stephens given on Thursday, January 18. The company was maintained on Thursday, July 6 by Jefferies.

Analysts await AutoNation, Inc. (NYSE:AN) to report earnings on May, 1 before the open. They expect $1.01 earnings per share, up 4.12% or $0.04 from last year’s $0.97 per share. AN’s profit will be $92.73M for 11.28 P/E if the $1.01 EPS becomes a reality. After $1.02 actual earnings per share reported by AutoNation, Inc. for the previous quarter, Wall Street now forecasts -0.98% negative EPS growth.

Investors sentiment decreased to 0.79 in Q4 2017. Its down 0.09, from 0.88 in 2017Q3. It worsened, as 20 investors sold AN shares while 97 reduced holdings. 44 funds opened positions while 49 raised stakes. 62.82 million shares or 10.96% less from 70.55 million shares in 2017Q3 were reported. Invesco Ltd holds 137,140 shares or 0% of its portfolio. Chickasaw Management holds 0.03% or 24,990 shares. Boston Private Wealth Ltd Co invested in 15,558 shares. Northern Tru Corporation invested in 624,328 shares. Riverhead Cap Ltd Limited Liability Company invested 0.01% of its portfolio in AutoNation, Inc. (NYSE:AN). Hsbc Public Limited Co has 28,495 shares for 0% of their portfolio. Parallax Volatility Advisers Lp accumulated 6,921 shares. Prudential Inc reported 99,345 shares. Tiaa Cref Invest Management Ltd Liability holds 0.01% of its portfolio in AutoNation, Inc. (NYSE:AN) for 224,548 shares. Wright Serv reported 5,296 shares stake. Gemmer Asset Llc invested 0% of its portfolio in AutoNation, Inc. (NYSE:AN). State Treasurer State Of Michigan holds 0.01% or 21,300 shares in its portfolio. 55,946 were reported by Foyston Gordon Payne Inc. Schwartz Inv Counsel accumulated 201,900 shares. Proshare Advsr Limited Liability reported 5,572 shares.

Since January 2, 2018, it had 0 insider buys, and 3 sales for $1.09 million activity.

Among 36 analysts covering Fortinet Inc. (NASDAQ:FTNT), 21 have Buy rating, 1 Sell and 14 Hold. Therefore 58% are positive. Fortinet Inc. had 121 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, February 28 by Piper Jaffray. The company was initiated on Thursday, June 29 by Northland Capital. First Analysis initiated it with “Equal-Weight” rating and $32 target in Monday, October 24 report. The rating was maintained by RBC Capital Markets on Sunday, September 3 with “Hold”. Cowen & Co maintained the stock with “Buy” rating in Wednesday, February 28 report. On Friday, July 14 the stock rating was maintained by BMO Capital Markets with “Buy”. Oppenheimer maintained Fortinet, Inc. (NASDAQ:FTNT) on Thursday, October 5 with “Buy” rating. BMO Capital Markets maintained the shares of FTNT in report on Thursday, October 5 with “Buy” rating. The stock of Fortinet, Inc. (NASDAQ:FTNT) earned “Outperform” rating by FBR Capital on Friday, October 23. The stock of Fortinet, Inc. (NASDAQ:FTNT) earned “Sell” rating by Credit Suisse on Tuesday, September 5.

Woodstock Corp, which manages about $699.55M and $542.22M US Long portfolio, decreased its stake in Allergan Plc by 14,925 shares to 13,006 shares, valued at $2.13M in 2017Q4, according to the filing. It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 5,783 shares in the quarter, leaving it with 97,824 shares, and cut its stake in General Electric Co (NYSE:GE).

AutoNation, Inc. (NYSE:AN) Ratings Chart

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