Asbury Automotive Group, Inc. (NYSE:ABG) Director Juanita T. James sold 1,500 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $66.16, for a total value of $99,240.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Asbury Automotive Group, Inc. (NYSE:ABG) traded up $0.45 on Friday, hitting $66.25. The stock had a trading volume of 120,812 shares, compared to its average volume of 237,338. Asbury Automotive Group, Inc. has a 52 week low of $49.10 and a 52 week high of $71.00. The firm has a market capitalization of $1,358.35, a PE ratio of 10.52, a price-to-earnings-growth ratio of 1.17 and a beta of 1.55. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.38 and a current ratio of 1.25.

Asbury Automotive Group (NYSE:ABG) last released its quarterly earnings data on Tuesday, October 24th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.57 by ($0.09). Asbury Automotive Group had a net margin of 2.54% and a return on equity of 42.24%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period in the previous year, the business earned $1.52 earnings per share. The business’s quarterly revenue was down 4.8% on a year-over-year basis. analysts forecast that Asbury Automotive Group, Inc. will post 6.25 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ABG. Koch Industries Inc. acquired a new stake in shares of Asbury Automotive Group in the second quarter valued at approximately $294,000. BlackRock Inc. lifted its position in shares of Asbury Automotive Group by 6.2% in the second quarter. BlackRock Inc. now owns 2,671,470 shares of the company’s stock valued at $151,072,000 after buying an additional 156,996 shares during the last quarter. River Road Asset Management LLC lifted its position in shares of Asbury Automotive Group by 34.6% in the second quarter. River Road Asset Management LLC now owns 478,834 shares of the company’s stock valued at $27,078,000 after buying an additional 122,969 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Asbury Automotive Group by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 193,201 shares of the company’s stock valued at $11,872,000 after buying an additional 72,887 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Asbury Automotive Group by 3.5% in the second quarter. Vanguard Group Inc. now owns 1,840,061 shares of the company’s stock valued at $104,055,000 after buying an additional 62,905 shares during the last quarter.

Several research analysts recently commented on the company. Zacks Investment Research raised Asbury Automotive Group from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Jefferies Group reissued a “hold” rating and set a $61.00 price target on shares of Asbury Automotive Group in a research report on Thursday, October 12th. Finally, TheStreet raised Asbury Automotive Group from a “c+” rating to a “b-” rating in a research report on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Asbury Automotive Group has a consensus rating of “Hold” and an average target price of $56.75.

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Asbury Automotive Group Company Profile

Asbury Automotive Group, Inc is an automotive retailer in the United States. As of December 31, 2016, the Company owned and operated 93 new vehicle franchises, representing 28 brands of automobiles at 77 dealership locations, and 23 collision centers in the United States. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida.

Insider Buying and Selling by Quarter for Asbury Automotive Group (NYSE:ABG)

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