Arlington Value Capital LLC Has Decreased Its Autonation INC (AN) Holding by $8.73 Million as Stock Declined

February 15, 2018 - By Peter Erickson

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.20, from 1.08 in 2017Q2. It fall, as 52 investors sold AN shares while 69 reduced holdings. 34 funds opened positions while 73 raised stakes. 70.55 million shares or 0.56% less from 70.95 million shares in 2017Q2 were reported. Ws Lllp invested in 569,348 shares or 0.67% of the stock. Gabelli Funds Llc reported 558,800 shares or 0.15% of all its holdings. Riverhead Mngmt Limited Com stated it has 2,827 shares. Cibc Asset Management Incorporated owns 0% invested in AutoNation, Inc. (NYSE:AN) for 4,362 shares. Peak6 Limited Partnership reported 0% in AutoNation, Inc. (NYSE:AN). Commonwealth Of Pennsylvania School Empls Retrmt Sys, Pennsylvania-based fund reported 9,524 shares. Gotham Asset Mgmt Limited Liability Corp accumulated 0.07% or 98,517 shares. Kbc Nv holds 4,417 shares or 0% of its portfolio. Arizona State Retirement System invested in 37,001 shares. Wells Fargo Mn holds 0% or 188,745 shares in its portfolio. Moreover, World Asset Inc has 0.01% invested in AutoNation, Inc. (NYSE:AN). Proshare Advisors Ltd Com stated it has 4,657 shares. British Columbia has invested 0.01% in AutoNation, Inc. (NYSE:AN). California State Teachers Retirement System holds 0.01% or 113,101 shares. Skba Cap Ltd Liability Co accumulated 5,320 shares.

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

Arlington Value Capital Llc decreased its stake in Autonation Inc (AN) by 8.86% based on its latest 2017Q3 regulatory filing with the SEC. Arlington Value Capital Llc sold 185,717 shares as the company’s stock declined 16.96% while stock markets rallied. The hedge fund held 1.91M shares of the consumer durables company at the end of 2017Q3, valued at $90.68 million, down from 2.10 million at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Autonation Inc for a number of months, seems to be less bullish one the $4.76B market cap company. The stock decreased 1.52% or $0.8 during the last trading session, reaching $51.93. About 467,448 shares traded. AutoNation, Inc. (NYSE:AN) has declined 14.65% since February 15, 2017 and is downtrending. It has underperformed by 31.35% the S&P500.

Arlington Value Capital Llc, which manages about $404.14 million and $999.51 million US Long portfolio, upped its stake in Rent (NASDAQ:RCII) by 347,805 shares to 3.07 million shares, valued at $35.25M in 2017Q3, according to the filing.

More recent AutoNation, Inc. (NYSE:AN) news were published by: Seekingalpha.com which released: “Buy AutoNation For Its Solid Growth And Valuation” on January 29, 2018. Also Bloomberg.com published the news titled: “AutoNation Just Decided to Stop Caring About Pot Smoking” on January 29, 2018. Gurufocus.com‘s news article titled: “AutoNation Inc (AN) Files 10-K for the Fiscal Year Ended on December 31, 2017” with publication date: February 15, 2018 was also an interesting one.

AutoNation, Inc. (NYSE:AN) Ratings Coverage

Among 21 analysts covering AutoNation (NYSE:AN), 6 have Buy rating, 2 Sell and 13 Hold. Therefore 29% are positive. AutoNation had 37 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 3 by Buckingham Research. Stifel Nicolaus upgraded the shares of AN in report on Thursday, October 29 to “Buy” rating. The stock of AutoNation, Inc. (NYSE:AN) earned “Buy” rating by CL King on Thursday, September 8. The firm has “Hold” rating given on Thursday, August 31 by KeyBanc Capital Markets. On Tuesday, May 30 the stock rating was maintained by Jefferies with “Hold”. The stock has “Hold” rating by Wells Fargo on Monday, November 6. Susquehanna downgraded AutoNation, Inc. (NYSE:AN) on Thursday, September 28 to “Negative” rating. The company was maintained on Monday, November 13 by Buckingham Research. On Wednesday, October 11 the stock rating was maintained by Jefferies with “Hold”. Bank of America maintained the shares of AN in report on Friday, February 9 with “Neutral” rating.

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