NN Investment Companions Holdings N.V. acquired a new place in Penske Automotive Team, Inc. (NYSE:PAG – Get Rating) in the 4th quarter, according to its most modern filing with the Securities & Trade Fee. The fund purchased 12,600 shares of the company’s stock, valued at somewhere around $1,351,000.
A range of other huge traders also not too long ago created alterations to their positions in the inventory. Signaturefd LLC grew its position in Penske Automotive Group by 65.6% in the fourth quarter. Signaturefd LLC now owns 1,038 shares of the company’s stock worthy of $111,000 after obtaining an further 411 shares in the last quarter. Convergence Investment decision Associates LLC grew its position in Penske Automotive Team by 9.9% in the fourth quarter. Convergence Investment decision Companions LLC now owns 4,310 shares of the company’s inventory well worth $462,000 just after acquiring an further 387 shares in the last quarter. Hennessy Advisors Inc. ordered a new place in Penske Automotive Team in the fourth quarter worth $12,684,000. New York State Academics Retirement Technique grew its place in Penske Automotive Group by 3.7% in the fourth quarter. New York Point out Instructors Retirement Method now owns 2,800 shares of the company’s inventory truly worth $300,000 after obtaining an additional 100 shares in the last quarter. Finally, MorganRosel Prosperity Management LLC bought a new stake in Penske Automotive Group in the course of the fourth quarter valued at about $865,000. Institutional buyers own 50.18% of the company’s stock.
A number of analysts have issued experiences on PAG shares. Morgan Stanley upped their cost focus on on shares of Penske Automotive Group from $90.00 to $95.00 and gave the organization an “underweight” score in a investigate report on Tuesday, March 8th. StockNews.com lowered shares of Penske Automotive Team from a “strong-buy” score to a “buy” ranking in a research report on Wednesday. Lastly, Zacks Financial commitment Exploration decreased shares of Penske Automotive Team from a “buy” score to a “hold” score and set a $105.00 selling price target for the corporation. in a research report on Thursday, March 10th. One equities investigate analyst has rated the inventory with a sell rating, just one has given a hold ranking and 4 have issued a purchase ranking to the organization. According to knowledge from MarketBeat.com, the corporation has a consensus ranking of “Buy” and a consensus value target of $116.80.
Shares of NYSE:PAG opened at $94.25 on Friday. The enterprise has a industry cap of $7.24 billion, a value-to-earnings ratio of 6.32, a rate-to-earnings-growth ratio of .32 and a beta of 1.46. The business has a 50-working day going normal value of $100.20 and a 200-day moving normal selling price of $102.75. The business has a latest ratio of .95, a brief ratio of .22 and a credit card debt-to-equity ratio of .34. Penske Automotive Group, Inc. has a 12 thirty day period small of $72.35 and a 12 month substantial of $114.34.
Penske Automotive Group (NYSE:PAG – Get Score) last issued its quarterly earnings information on Wednesday, February 9th. The enterprise noted $4.10 EPS for the quarter, beating the consensus estimate of $3.67 by $.43. The business had profits of $6.30 billion for the duration of the quarter, in contrast to the consensus estimate of $6.23 billion. Penske Automotive Team experienced a internet margin of 4.65% and a return on fairness of 32.03%. In the course of the exact interval in the prior 12 months, the organization posted $2.49 earnings for every share. As a group, exploration analysts forecast that Penske Automotive Team, Inc. will submit 15.03 EPS for the existing fiscal 12 months.
The company also not too long ago disclosed a quarterly dividend, which was paid on Tuesday, March 1st. Stockholders of record on Thursday, February 10th ended up paid a dividend of $.47 per share. This signifies a $1.88 annualized dividend and a dividend generate of 1.99%. This is an increase from Penske Automotive Group’s past quarterly dividend of $.46. The ex-dividend date of this dividend was Wednesday, February 9th. Penske Automotive Group’s dividend payout ratio is 12.60%.
Penske Automotive Group Firm Profile (Get Ranking)
Penske Automotive Group, Inc operates as an global transportation expert services company. Which engages in the distribution of professional autos, diesel engines, fuel engines, electric power systems and related areas & products and services. It operates by the following segments: Retail Automotive, Retail Industrial Truck, Non-Automotive Investments, and Other.
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