Wells Fargo & Company MN Reduces Position in Asbury Automotive Group Inc (ABG)

Schnieders Mgmt Ltd Liability Company reported 11,315 shares or 0.81% of all its holdings. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 7.31 and a beta of 1.44. $191,365 worth of Asbury Automotive Group, Inc. (NYSE:GPI) has risen 10.14% since July 14, 2016 and is uptrending. It has underperformed by 9.15% the S&P500. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Following the transaction, the senior vice president now owns 5,083 shares in the company, valued at approximately $284,546.34. Leading up to this report, we have seen a 3.48% rise in the stock price over the last 30 days and a -4.49% decline over the past 3 months. About 86,239 shares traded. Enbridge Energy Management, L.L.C. (EEQ) has declined 11.33% since July 14, 2016 and is downtrending. It has outperformed by 14.75% the S&P500.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 15th. (NYSE:ABG) was sold by Villasana George A.

Since February 8, 2017, it had 0 insider buys, and 6 sales for $2.67 million activity. The Towle & Co holds 273,471 shares with $21.31 million value, up from 268,531 last quarter. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company's stock. Therefore 65% are positive. Adesto Technologies had 8 analyst reports since November 23, 2015 according to SRatingsIntel.

On June 28 the company was downgraded to "Sector Perform" from "Overweight" in a report from KeyBanc.

Among 3 analysts covering Match Group (MTCH), 2 have Buy rating, 0 Sell and 1 Hold. The mean rating score for this stock is at 1.80. The company was initiated on Friday, February 19 by Bernstein. As per Wednesday, July 20, the company rating was upgraded by Buckingham Research. The company was initiated on Tuesday, August 9 by Seaport Global.

Integral Derivatives Llc, which manages about $5.40B US Long portfolio, decreased its stake in Iac (Put) (NASDAQ:IACI) by 10,000 shares to 10,000 shares, valued at $648,000 in 2016Q4, according to the filing. (NYSE:ABG) for 5,753 shares.

Investors sentiment decreased to 0.77 in 2016 Q4. Its up 0.02, from 0.87 in 2016Q3. It dropped, as 84 investors sold HD shares while 664 reduced holdings. 22 funds opened positions while 56 raised stakes. Burgundy Asset Management Ltd., a Ontario - Canada-based fund reported 2.82 million shares. Following the transaction, the director now owns 82,000 shares in the company, valued at approximately $4,854,400. Its down 4.17% from 237,600 shares previously. Tci Wealth Advsrs holds 0.68% of its portfolio in Home Depot Inc (NYSE:HD) for 9,679 shares. Coastline has invested 0.56% in Union Pacific Corporation (NYSE:UNP). 33,499 are held by Meiji Yasuda Life Insurance Co. Regions Fincl Corp holds 239,322 shares or 0.39% of its portfolio. Lord Abbett And Limited invested in 0.01% or 29,000 shares. Citigroup stated it has 0.3% of its portfolio in Home Depot Inc (NYSE:HD). Finemark Commercial Bank And Trust invested in 0% or 24 shares. Ngam Advsr Lp reported 64,132 shares stake. Wilkins Inv Counsel Incorporated has invested 0.4% in Union Pacific Corporation (NYSE:UNP).

Investors sentiment decreased to 0.89 in Q4 2016. Its up 0.05, from 1.02 in 2016Q3. 39 funds opened positions while 55 raised stakes. Northern stated it has 280,118 shares. Bancshares Of Montreal Can holds 619 shares or 0% of its portfolio. California State Teachers Retirement System accumulated 46,767 shares or 0.01% of the stock. Goldman Sachs both downgraded the stock and lowered the price target on April 30 cutting the price target from $44.00 to $43.00 and moving the rating from "Neutral" to "Sell". Zacks Investment Research raised shares of Group 1 Automotive from a "strong sell" rating to a "hold" rating in a report on Friday, June 30th. It also upped American Vanguard Corp (NYSE:AVD) stake by 27,325 shares and now owns 124,410 shares. 36,691 were accumulated by Menta Capital Limited Liability Com. Eminence Capital Lp has 1.85M shares for 1.79% of their portfolio. Prudential Financial Incorporated holds 128,837 shares. Morgan Stanley, New York-based fund reported 72,520 shares. Delta Lloyd Nv invested 0.62% of its portfolio in UnitedHealth Group Inc (NYSE:UNH).

Connors Investor Services Inc holds 1.53% of its portfolio in Penske Automotive Group, Inc. for 172,614 shares. (NYSE:PAG) for 49,478 shares. On average, equities research analysts forecast that Asbury Automotive Group will post $6.53 earnings per share for the current fiscal year.

Analysts await UnitedHealth Group Inc (NYSE:UNH) to report earnings on July, 18. The share last price represents downtick move of -19.72% in value from company's 52-Week high price and shows 20.00% above change in value from its 52-Week low price. ABG's profit will be $35.59M for 8.57 P/E if the $1.67 EPS becomes a reality.

ILLEGAL ACTIVITY NOTICE: "Asbury Automotive Group Inc (ABG) COO Sells $716,750.00 in Stock" was published by Markets Daily and is owned by of Markets Daily. Therefore 67% are positive. $99,219 worth of Asbury Automotive Group, Inc. ValuEngine cut shares of Asbury Automotive Group from a strong-buy rating to a buy rating in a report on Friday, June 2nd. The stock has "Underperform" rating by Bank of America on Wednesday, July 22.

Several research firms have weighed in on GPI. The rating was maintained by Jefferies with "Hold" on Friday, June 2. The stock has "Neutral" rating by Buckingham Research on Monday, August 31. (NYSE:PAG) earned "Sell" rating by Evercore on Thursday, October 13. The rating was upgraded by Craig Hallum to "Buy" on Tuesday, September 8.

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