Recent Trading for Penske Automotive Group, Inc. (NYSE:GPI) was up +1.74% during the last trading session, with a day high of 0.00. The company had a trading volume of 169,666 shares.
Penske Automotive Group, Inc. also recently declared a dividend for shareholders paid on Friday the 1st of September 2017. The Company owned and operated 224 franchises, representing 32 brands of automobiles, at 171 dealership locations and 47 collision centers. Oppenheimer & Co. Inc. purchased a new stake in shares of Penske Automotive Group in the second quarter valued at about $206,000. Ameritas Investment Partners Inc. acquired a new stake in shares of Group 1 Automotive in the 1st quarter valued at $133,000.
In related news, CFO John C. Rickel sold 10,000 shares of Group 1 Automotive stock in a transaction on Thursday, September 21st. Invictus RG now owns 2,226 shares of the company's stock valued at $165,000 after purchasing an additional 1,810 shares during the last quarter. The ex-dividend date of this dividend is Thursday, May 18th. The shares were sold at an average price of $66.99, for a total value of $669,900.00. Following the transaction, the executive vice president now owns 22,243 shares in the company, valued at approximately $917,968.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
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04/13/2016 - Group 1 Automotive, Inc. had its "underweight" rating reiterated by analysts at Morgan Stanley. (PAG) opened at 46.21 on Wednesday. Analysts anticipate that Group 1 Automotive, Inc. will post $7.05 EPS for the current fiscal year. The stock's 50-day moving average price is $45.20 and its 200 day moving average price is $49.41. 0 shares were traded on Group 1 Automotive, Inc.'s last session. The business had revenue of $2.67 billion during the quarter, compared to analyst estimates of $2.70 billion.
On 10/23/2013 Penske Automotive Group, Inc. announced a quarterly dividend of $0.17. The business's revenue for the quarter was up 2.5% compared to the same quarter a year ago. The company reported $0.97 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.96 by $0.01.
Several brokerages have recently commented on PAG. ValuEngine lowered Group 1 Automotive from a "strong-buy" rating to a "buy" rating in a research report on Monday, July 24th.
Berenberg initiated coverage on the stock by announcing an initial rating of "Hold". Group 1 Automotive has an average rating of "Hold" and a consensus price target of $73.80. Finally, SG Americas Securities LLC acquired a new stake in shares of Group 1 Automotive in the 2nd quarter valued at $177,000. They now have a Dollars 67 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Penske Automotive Group now has an average rating of "Hold" and a consensus target price of $53.43.
02/02/2017 - Susquehanna began new coverage on Group 1 Automotive, Inc. giving the company a "neutral" rating. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and fix services, and sells vehicle parts.