Bailard Inc. boosted its place in Group 1 Automotive, Inc. (NYSE:GPI – Get Ranking) by 33.3% through the third quarter, in keeping with its most up-to-date 13F submitting with the Securities and Alternate Fee. The fund owned 2,800 shares of the corporate’s inventory after shopping for an extra 700 shares through the quarter. Bailard Inc.’s holdings in Group 1 Automotive have been value $400,000 on the finish of the newest reporting interval.
Different hedge funds and different institutional traders have additionally purchased and offered shares of the corporate. Nationwide Financial institution of Canada FI grew its stake in Group 1 Automotive by 19.1% within the 2nd quarter. Nationwide Financial institution of Canada FI now owns 418 shares of the corporate’s inventory valued at $71,000 after shopping for an extra 67 shares over the past quarter. Islay Capital Administration LLC grew its stake in Group 1 Automotive by 20.1% within the 2nd quarter. Islay Capital Administration LLC now owns 1,069 shares of the corporate’s inventory valued at $182,000 after shopping for an extra 179 shares over the past quarter. Cetera Funding Advisers acquired a brand new place in Group 1 Automotive within the 1st quarter valued at $202,000. EMC Capital Administration grew its stake in Group 1 Automotive by 49.7% within the 2nd quarter. EMC Capital Administration now owns 1,247 shares of the corporate’s inventory valued at $212,000 after shopping for an extra 414 shares over the past quarter. Lastly, Intrust Financial institution NA acquired a brand new place in Group 1 Automotive within the 2nd quarter valued at $231,000. 97.71% of the inventory is presently owned by institutional traders and hedge funds.
Analysts Set New Value Targets
Numerous analysts have weighed in on GPI shares. StockNews.com began protection on shares of Group 1 Automotive in a report on Wednesday, October twelfth. They issued a “purchase” ranking for the corporate. Financial institution of America lowered their worth goal on shares of Group 1 Automotive from $375.00 to $358.00 and set a “purchase” ranking for the corporate in a report on Friday, September ninth. Lastly, JPMorgan Chase & Co. raised shares of Group 1 Automotive from a “impartial” ranking to an “obese” ranking and set a $210.00 worth goal for the corporate in a report on Thursday, October sixth.
Group 1 Automotive Value Efficiency
NYSE:GPI opened at $176.72 on Wednesday. The corporate has a 50-day transferring common of $180.61 and a 200-day transferring common of $173.63. The corporate has a market capitalization of $2.58 billion, a price-to-earnings ratio of 4.30, a PEG ratio of 1.97 and a beta of 1.50. Group 1 Automotive, Inc. has a 52 week low of $136.16 and a 52 week excessive of $201.83. The corporate has a debt-to-equity ratio of 0.81, a fast ratio of 0.31 and a present ratio of 1.03.
Group 1 Automotive (NYSE:GPI – Get Ranking) final launched its quarterly earnings information on Wednesday, October twenty sixth. The corporate reported $12.00 EPS for the quarter, topping analysts’ consensus estimates of $10.99 by $1.01. The corporate had income of $4.16 billion through the quarter, in comparison with the consensus estimate of $4.07 billion. Group 1 Automotive had a web margin of 4.32% and a return on fairness of 36.79%. As a gaggle, fairness analysis analysts anticipate that Group 1 Automotive, Inc. will submit 45.87 earnings per share for the present fiscal 12 months.
Group 1 Automotive Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which was paid on Thursday, December fifteenth. Stockholders of document on Thursday, December 1st have been issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized foundation and a dividend yield of 0.88%. This is a rise from Group 1 Automotive’s earlier quarterly dividend of $0.38. The ex-dividend date was Wednesday, November thirtieth. Group 1 Automotive’s dividend payout ratio (DPR) is presently 3.80%.
Insider Transactions at Group 1 Automotive
In different information, VP Darryl M. Burman offered 1,000 shares of the agency’s inventory in a transaction dated Thursday, November tenth. The shares have been offered at a mean worth of $185.00, for a complete transaction of $185,000.00. Following the completion of the transaction, the vp now straight owns 22,595 shares of the corporate’s inventory, valued at roughly $4,180,075. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is obtainable by means of this hyperlink. In different information, VP Darryl M. Burman offered 1,000 shares of the agency’s inventory in a transaction dated Thursday, November tenth. The shares have been offered at a mean worth of $185.00, for a complete transaction of $185,000.00. Following the completion of the transaction, the vp now straight owns 22,595 shares of the corporate’s inventory, valued at roughly $4,180,075. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is obtainable by means of this hyperlink. Additionally, CEO Earl J. Hesterberg offered 13,925 shares of the inventory in a transaction dated Thursday, November seventeenth. The inventory was offered at a mean worth of $189.14, for a complete transaction of $2,633,774.50. Following the sale, the chief government officer now owns 76,079 shares of the corporate’s inventory, valued at roughly $14,389,582.06. The disclosure for this sale might be discovered right here. Within the final three months, insiders offered 49,925 shares of firm inventory valued at $8,920,415. Firm insiders personal 3.80% of the corporate’s inventory.
Group 1 Automotive Profile
(Get Ranking)
Group 1 Automotive, Inc., by means of its subsidiaries, operates within the automotive retail trade. The corporate sells new and used automobiles, gentle vehicles and car elements, in addition to service and insurance coverage contracts; arranges associated car financing; and affords automotive upkeep and restore companies. It operates primarily in 17 states in the US; and 35 cities in the UK.
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