YorkBridge Wealth Partners LLC Has $330,000 Holdings in Asbury Automotive Group, Inc. (NYSE:ABG)

YorkBridge Wealth Associates LLC grew its holdings in shares of Asbury Automotive Team, Inc. (NYSE:ABG – Get Ranking) by 29.1% through the to start with quarter, in accordance to the firm in its most latest submitting with the Securities & Exchange Commission. The institutional trader owned 2,060 shares of the company’s stock right after obtaining an additional 464 shares in the course of the period. YorkBridge Prosperity Partners LLC’s holdings in Asbury Automotive Group were being worthy of $330,000 at the conclude of the most new quarter.

Numerous other significant traders have also designed variations to their positions in ABG. Marshall Wace LLP acquired a new posture in shares of Asbury Automotive Group through the 4th quarter value approximately $33,599,000. Assenagon Asset Administration S.A. boosted its posture in shares of Asbury Automotive Group by 321.% during the 4th quarter. Assenagon Asset Management S.A. now owns 246,851 shares of the company’s inventory really worth $42,639,000 soon after acquiring an more 188,211 shares in the final quarter. Redwood Investments LLC obtained a new stake in shares of Asbury Automotive Group during the 4th quarter worth close to $22,621,000. TimesSquare Cash Administration LLC acquired a new stake in shares of Asbury Automotive Group through the 4th quarter worth about $22,006,000. Ultimately, Schonfeld Strategic Advisors LLC boosted its position in shares of Asbury Automotive Team by 1,433.5% through the 4th quarter. Schonfeld Strategic Advisors LLC now owns 131,880 shares of the company’s inventory well worth $22,779,000 immediately after attaining an supplemental 123,280 shares in the previous quarter.

Shares of Asbury Automotive Team inventory opened at $177.30 on Monday. Asbury Automotive Group, Inc. has a fifty-two week minimal of $146.43 and a fifty-two week superior of $230.96. The firm has a debt-to-equity ratio of 1.53, a existing ratio of 1.14 and a brief ratio of .70. The organization has a sector capitalization of $3.92 billion, a P/E ratio of 5.51, a P/E/G ratio of .27 and a beta of 1.20. The company’s 50 day moving regular selling price is $176.59 and its two-hundred working day going average rate is $173.31.

Asbury Automotive Team (NYSE:ABG – Get Ranking) last issued its earnings benefits on Thursday, April 28th. The enterprise claimed $9.27 earnings for each share for the quarter, beating analysts’ consensus estimates of $8.92 by $.35. Asbury Automotive Group experienced a web margin of 5.86% and a return on fairness of 39.72%. The organization experienced profits of $3.91 billion for the quarter, in comparison to analyst estimates of $3.91 billion. All through the very same quarter past calendar year, the business enterprise posted $4.68 earnings for every share. The company’s quarterly earnings was up 78.4% on a 12 months-above-yr foundation. On common, analysts hope that Asbury Automotive Team, Inc. will put up 35.18 earnings per share for the recent 12 months.

Quite a few analysts lately issued experiences on ABG shares. JPMorgan Chase & Co. lessened their value goal on shares of Asbury Automotive Group from $225.00 to $200.00 and established a “neutral” score on the inventory in a investigation report on Thursday, April 7th. StockNews.com upgraded shares of Asbury Automotive Team from a “hold” score to a “buy” score in a analysis report on Thursday. Finally, Morgan Stanley lowered shares of Asbury Automotive Team from an “equal weight” ranking to an “underweight” score and decreased their price tag target for the stock from $185.00 to $152.00 in a study report on Friday, May possibly 20th. A single expense analyst has rated the stock with a offer rating, 1 has assigned a hold score and three have assigned a obtain ranking to the company’s stock. According to facts from MarketBeat, the inventory has a consensus rating of “Hold” and an normal cost goal of $206.75.

About Asbury Automotive Team (Get Score)

Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It gives a assortment of automotive goods and products and services, which include new and used autos and car or truck repair service and maintenance services, replacement parts, and collision fix services.

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