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$-1.07 EPS Expected for Avis Budget Group, Inc. (CAR); Carlson Capital LP Has Trimmed By $1.02 Million Its Regency Ctrs (REG) Stake

Avis Budget Group, Inc. (NASDAQ:CAR) Logo

Analysts expect Avis Budget Group, Inc. (NASDAQ:CAR) to report $-1.07 EPS on May, 2.They anticipate $0.13 EPS change or 13.83% from last quarter’s $-0.94 EPS. After having $0.45 EPS previously, Avis Budget Group, Inc.’s analysts see -337.78% EPS growth. The stock increased 0.11% or $0.05 during the last trading session, reaching $47.6. About 1.95 million shares traded. Avis Budget Group, Inc. (NASDAQ:CAR) has risen 66.28% since April 25, 2017 and is uptrending. It has outperformed by 54.73% the S&P500.

Carlson Capital LP decreased Regency Ctrs Corp (REG) stake by 9.07% reported in 2017Q4 SEC filing. Carlson Capital LP sold 14,787 shares as Regency Ctrs Corp (REG)’s stock declined 16.16%. The Carlson Capital LP holds 148,164 shares with $10.25 million value, down from 162,951 last quarter. Regency Ctrs Corp now has $9.54 billion valuation. The stock increased 0.12% or $0.07 during the last trading session, reaching $56.18. About 782,126 shares traded. Regency Centers Corporation (NYSE:REG) has declined 14.09% since April 25, 2017 and is downtrending. It has underperformed by 25.64% the S&P500.

Among 12 analysts covering Avis Budget (NASDAQ:CAR), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. Avis Budget had 37 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) has “Neutral” rating given on Wednesday, November 4 by JP Morgan. The rating was maintained by Deutsche Bank on Friday, February 23 with “Buy”. Deutsche Bank maintained Avis Budget Group, Inc. (NASDAQ:CAR) rating on Thursday, February 25. Deutsche Bank has “Buy” rating and $46 target. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, November 16 report. On Thursday, October 12 the stock rating was maintained by M Partners with “Buy”. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, November 1. The firm earned “Equal Weight” rating on Tuesday, September 27 by Barclays Capital. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) has “Buy” rating given on Tuesday, March 22 by Sterne Agee CRT. On Thursday, February 25 the stock rating was maintained by M Partners with “Buy”. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, April 12.

Investors sentiment increased to 0.7 in 2017 Q4. Its up 0.12, from 0.58 in 2017Q3. It increased, as 39 investors sold Avis Budget Group, Inc. shares while 78 reduced holdings. 36 funds opened positions while 46 raised stakes. 100.88 million shares or 8.81% less from 110.63 million shares in 2017Q3 were reported. Allsquare Wealth Management Ltd accumulated 0% or 81 shares. Shanda Asset Mngmt Ltd stated it has 0.67% in Avis Budget Group, Inc. (NASDAQ:CAR). First Manhattan Co has invested 0.07% in Avis Budget Group, Inc. (NASDAQ:CAR). New York-based Pzena Invest Management Limited Co has invested 0.36% in Avis Budget Group, Inc. (NASDAQ:CAR). Virtu Fincl Limited Liability stated it has 17,995 shares or 0.04% of all its holdings. Verition Fund Management Lc invested in 8,190 shares. First Republic Investment Mgmt Inc invested 0.05% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Mountain Lake Investment Ltd Liability has invested 7.07% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Fincl Architects holds 2,215 shares. Saba Management Limited Partnership invested 0.07% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Weaver C Barksdale And Associates accumulated 1,097 shares. Legal & General Group Plc has 0.01% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 225,128 shares. Proshare Advsr Ltd Liability Com has 0.01% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 17,607 shares. Winfield Associate reported 35 shares stake. Invesco Limited has 0% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 185,642 shares.

Since October 30, 2017, it had 1 buy, and 1 sale for $140.91 million activity. 3.50M shares valued at $141.96M were bought by SRS Investment Management – LLC on Friday, December 8. De Shon Larry D sold $1.05M worth of stock.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and clients worldwide. The company has market cap of $3.87 billion. The firm operates through two divisions, Americas and International. It has a 11.2 P/E ratio. It operates the Avis brand car rental system with approximately 5,550 locations that supply rental cars to the premium commercial and leisure divisions of the travel industry; the Budget brand vehicle rental system with approximately 4,050 car rental locations, which serve the value-conscious divisions of the industry; and the Zipcar brand, a membership car sharing network that provides vehicles to approximately 1 million members.

Analysts await Regency Centers Corporation (NYSE:REG) to report earnings on April, 30 after the close. They expect $0.94 earnings per share, up 4.44% or $0.04 from last year’s $0.9 per share. REG’s profit will be $159.62 million for 14.94 P/E if the $0.94 EPS becomes a reality. After $0.92 actual earnings per share reported by Regency Centers Corporation for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Carlson Capital LP increased Conagra Brands Inc (NYSE:CAG) stake by 629,546 shares to 1.15M valued at $43.17M in 2017Q4. It also upped Rockwell Collins Inc (NYSE:COL) stake by 268,000 shares and now owns 958,000 shares. Southern Co (NYSE:SO) was raised too.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.05, from 1.15 in 2017Q3. It turned negative, as 22 investors sold REG shares while 110 reduced holdings. 35 funds opened positions while 110 raised stakes. 152.03 million shares or 1.31% less from 154.04 million shares in 2017Q3 were reported. Ent Service holds 20 shares. Moreover, Cadence Capital Mngmt Limited Liability has 0.04% invested in Regency Centers Corporation (NYSE:REG). Nomura Holdg Inc holds 0% or 9,460 shares in its portfolio. Fjarde Ap reported 0.05% in Regency Centers Corporation (NYSE:REG). Duff Phelps Investment Management invested in 1.01% or 1.02M shares. Great West Life Assurance Comm Can invested in 180,707 shares. Davis Selected Advisers owns 181,527 shares. Walleye Trading Limited Liability has 23,809 shares for 0.01% of their portfolio. Moreover, State Bank Of America Corporation De has 0% invested in Regency Centers Corporation (NYSE:REG) for 364,471 shares. Sei Invs invested in 199,288 shares or 0.05% of the stock. Gulf National Bank & Trust (Uk) Ltd reported 0.04% of its portfolio in Regency Centers Corporation (NYSE:REG). M&T Natl Bank Corp reported 0% stake. Oakbrook Invests Lc owns 5,866 shares for 0.03% of their portfolio. Veritable Lp holds 0.02% or 16,997 shares. 4.32M are held by Jpmorgan Chase.

Avis Budget Group, Inc. (NASDAQ:CAR) Institutional Positions Chart

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