They expect $1.00 earnings per share, up 9.89% or $0.09 from last year's $0.91 per share. Affinity Wealth Management who had been investing in Ford Mtr Co Del for a number of months, seems to be less bullish one the $52.43B market cap company. The stock increased 3.38% or $1.56 during the last trading session, reaching $47.76. Penske Automotive Grp Inc now has $4.36 billion valuation. (NYSE:PAG) has risen 20.45% since January 10, 2017 and is uptrending. It has outperformed by 28.90% the S&P500. Generation Investment Management Llp acquired 1.02M shares as Schein Henry Inc (HSIC)'s stock rose 5.77%. Deprince Race & Zollo Inc. bought a new stake in shares of Penske Automotive Group during the 3rd quarter valued at $17,842,000. Suntrust Banks Inc who had been investing in Eastman Chem Co for a number of months, seems to be bullish on the $14.06 billion market cap company. About 565,908 shares traded or 21.91% up from the average. Flagstar Bancorp, Inc. (FBC) has risen 24.05% since January 10, 2017 and is uptrending. It has underperformed by 33.33% the S&P500. Zacks Investment Research raised shares of Penske Automotive Group from a "hold" rating to a "buy" rating and set a $54.00 price target on the stock in a report on Tuesday, December 26th. Therefore 57% are positive. Bank of New York Mellon Corp boosted its stake in shares of Penske Automotive Group by 1.6% during the second quarter. Envestnet Asset Management stated it has 0% of its portfolio in Penske Automotive Group, Inc. As per Tuesday, October 3, the company rating was maintained by KeyBanc Capital Markets. (NYSE:PAG) earned "Neutral" rating by Seaport Global on Tuesday, August 9. The stock has "Hold" rating by Gabelli on Thursday, September 15. On Thursday, September 28 the stock rating was initiated by Northcoast with "Buy". On Tuesday, October 3 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The Manufacturers Life Insurance Company now owns 2,499 shares of the company's stock worth $110,000 after purchasing an additional 175 shares during the period. As per Thursday, August 31, the company rating was maintained by KeyBanc Capital Markets.
Since January 1, 0001, it had 2 insider purchases, and 2 selling transactions for $49.79 million activity.
Penske Automotive Group declared that its board has authorized a stock repurchase plan on Wednesday, October 25th that permits the company to repurchase $200.00 million in outstanding shares.
In other Penske Automotive Group news, major shareholder Corp Penske bought 1,103,996 shares of the stock in a transaction on Friday, October 20th. (NYSE:PAG) on Wednesday, August 9.
Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.15, from 1.26 in 2017Q2. Ptnrs Ltd Llc accumulated 202,700 shares.
Several institutional investors and hedge funds have recently made changes to their positions in PAG. Bartlett Lc stated it has 100 shares. Victory Capital reported 655,746 shares. Berenberg Bank started coverage on shares of Penske Automotive Group in a report on Wednesday, October 4th. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. Shine Investment Advisory invested in 1,731 shares or 0.04% of the stock. Wasatch Inc reported 0.01% of its portfolio in Penske Automotive Group, Inc. California Public Employees Retirement System owned 0.11% of Penske Automotive Group worth $4,313,000 as of its most recent SEC filing.
Bruni J V & Company increased its stake in Penske Automotive Grp Inc (PAG) by 23.69% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:PAG) for 69,264 shares. Synovus Financial Corp reported 0.03% stake. Raymond James And Assoc reported 34,448 shares or 0% of all its holdings. (NYSE:PAG). Barrow Hanley Mewhinney & Strauss Ltd Liability Corporation invested in 0% or 44,722 shares. (NYSE:PAG) is 38.00000. The Q.i. Grantham Mayo Van Otterloo And Ltd Liability Co owns 7,100 shares or 0% of their United States portfolio. Goldman Sachs Group (NYSE:GS) was reduced too. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. Therefore 35% are positive. KeyCorp reiterated a "hold" rating on shares of Penske Automotive Group in a research note on Wednesday, October 4th. Longbow upgraded the stock to "Buy" rating in Monday, June 19 report. On Tuesday, September 5 the stock rating was maintained by RBC Capital Markets with "Hold". (NYSE:AAN) has "Buy" rating given on Friday, December 1 by Northcoast. The firm earned "Hold" rating on Friday, September 22 by Cowen & Co. This repurchase authorization permits the company to buy shares of its stock through open market purchases. The company was maintained on Friday, June 16 by Jefferies. On Monday, May 2 the stock rating was downgraded by Credit Agricole to "Underperform". The company presently has a consensus rating of "Hold" and a consensus price target of $55.71. The rating was maintained by Jefferies with "Hold" on Monday, August 7. Pacer Advisors Inc. now owns 5,854 shares of the company's stock valued at $257,000 after acquiring an additional 624 shares during the last quarter.
Investors sentiment decreased to 0.97 in 2017 Q3. Its up 0.04, from 1.14 in 2017Q2. It is positive, as 26 investors sold PAG shares while 55 reduced holdings. 67 funds opened positions while 178 raised stakes. Blackrock invested in 0% or 1.71 million shares. New Jersey Better Educational Savings Trust has invested 0.94% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). Utah Retirement Systems accumulated 6,500 shares. Cambiar Invsts Limited Co reported 291,868 shares or 0.22% of all its holdings. Oakworth reported 348 shares. The Prudential Plc holds 596,200 shares with $28.36 million value, up from 463,800 last quarter. 464,813 are held by Omega Advisors. Moreover, Partnervest Advisory Ltd Llc has 0.09% invested in Ford Motor Company (NYSE:F). Following the transaction, the insider now directly owns 11,564,576 shares in the company, valued at approximately $523,759,647.04. Glenmede Na invested 0.05% in Eastman Chemical Company (NYSE:EMN).