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Autonation (AN) Share Value Declined While Rbs Partners LP Lowered Its Position; Schaper Benz & Wise Investment Counsel Decreased Its Automatic Data Processing (ADP) Holding by $302,445 as Shares Declined

AutoNation, Inc. (NYSE:AN) Logo

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 4.01 million shares of the consumer durables company at the end of 2017Q4, valued at $205.95 million, 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 $4.32 billion market cap company. The stock increased 2.17% or $1 during the last trading session, reaching $46.99. About 224,336 shares traded. AutoNation, Inc. (NYSE:AN) has risen 8.96% since April 24, 2017 and is uptrending. It has underperformed by 2.59% the S&P500.

Schaper Benz & Wise Investment Counsel Inc decreased its stake in Automatic Data Processing (ADP) by 2.59% based on its latest 2017Q4 regulatory filing with the SEC. Schaper Benz & Wise Investment Counsel Inc sold 2,585 shares as the company’s stock declined 3.95% with the market. The institutional investor held 97,200 shares of the technology company at the end of 2017Q4, valued at $11.39 million, down from 99,785 at the end of the previous reported quarter. Schaper Benz & Wise Investment Counsel Inc who had been investing in Automatic Data Processing for a number of months, seems to be less bullish one the $52.29 billion market cap company. The stock increased 0.73% or $0.86 during the last trading session, reaching $117.96. About 341,407 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since April 24, 2017 and is uptrending. It has underperformed by 2.46% 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. The firm has “Hold” rating by Jefferies given on Wednesday, October 11. Stifel Nicolaus upgraded AutoNation, Inc. (NYSE:AN) on Thursday, October 29 to “Buy” rating. The company was maintained on Tuesday, May 30 by Jefferies. Jefferies initiated AutoNation, Inc. (NYSE:AN) on Monday, April 11 with “Hold” rating. The firm has “Hold” rating by Jefferies given on Thursday, November 2. The firm earned “Buy” rating on Tuesday, July 28 by Sterne Agee CRT. Jefferies maintained the stock with “Hold” rating in Wednesday, August 2 report. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, November 13. Stephens maintained the shares of AN in report on Thursday, January 18 with “Hold” rating. Buckingham Research maintained the shares of AN in report on Monday, November 13 with “Neutral” rating.

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

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.09, from 0.88 in 2017Q3. It turned negative, 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. Comerica Savings Bank has 0.02% invested in AutoNation, Inc. (NYSE:AN) for 47,732 shares. New York State Teachers Retirement System accumulated 98,318 shares or 0.01% of the stock. Tower Ltd Com (Trc), a New York-based fund reported 10 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 5,200 shares. Hsbc Holding Public Limited Company invested in 28,495 shares or 0% of the stock. Moreover, Check Cap Mngmt Ca has 1.57% invested in AutoNation, Inc. (NYSE:AN). Moreover, Pictet Asset Management Ltd has 0% invested in AutoNation, Inc. (NYSE:AN). Mason Street Ltd invested 0.03% of its portfolio in AutoNation, Inc. (NYSE:AN). Mitsubishi Ufj Trust And Bk has 141,618 shares. Fjarde Ap owns 23,878 shares. Principal Group Inc has invested 0.01% of its portfolio in AutoNation, Inc. (NYSE:AN). The Nebraska-based Cls Limited Liability Com has invested 0.05% in AutoNation, Inc. (NYSE:AN). Fny Managed Accounts Lc owns 65 shares. First Republic Invest Mgmt owns 53,711 shares for 0.02% of their portfolio. Livforsakringsbolaget Skandia Omsesidigt holds 0.01% or 1,300 shares in its portfolio.

Analysts await AutoNation, Inc. (NYSE:AN) to report earnings on May, 1 before the open. They expect $1.01 EPS, up 4.12% or $0.04 from last year’s $0.97 per share. AN’s profit will be $92.75M for 11.63 P/E if the $1.01 EPS becomes a reality. After $1.02 actual EPS reported by AutoNation, Inc. for the previous quarter, Wall Street now forecasts -0.98% negative EPS growth.

Schaper Benz & Wise Investment Counsel Inc, which manages about $585.75M and $685.97 million US Long portfolio, upped its stake in Bemis (NYSE:BMS) by 18,895 shares to 86,908 shares, valued at $4.15M in 2017Q4, according to the filing. It also increased its holding in Paypal Holdings Inc. by 5,120 shares in the quarter, for a total of 14,095 shares, and has risen its stake in Ss&C Technologies (NASDAQ:SSNC).

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 61 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Buy” rating given on Tuesday, May 3 by Argus Research. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Sector Perform” rating given on Monday, May 2 by RBC Capital Markets. The firm has “Outperform” rating by Bernstein given on Tuesday, October 31. The rating was maintained by BMO Capital Markets on Tuesday, July 11 with “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $105 target in Monday, January 30 report. RBC Capital Markets maintained it with “Hold” rating and $119.0 target in Thursday, February 1 report. The firm earned “Buy” rating on Tuesday, November 3 by Argus Research. The rating was maintained by Citigroup on Friday, January 12 with “Hold”. The rating was maintained by Stifel Nicolaus on Thursday, November 2 with “Hold”. BMO Capital Markets maintained the stock with “Hold” rating in Monday, January 22 report.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2 before the open. They expect $1.44 EPS, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31M for 20.48 P/E if the $1.44 EPS becomes a reality. After $0.99 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart

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