Brandywine Global Investment Management LLC grew its position in shares of CarMax, Inc (NYSE:KMX) by 24.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 201,456 shares of the company’s stock after buying an additional 39,022 shares during the quarter. Brandywine Global Investment Management LLC owned 0.11% of CarMax worth $12,920,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in KMX. Prudential Financial Inc. grew its stake in shares of CarMax by 6.1% during the 3rd quarter. Prudential Financial Inc. now owns 272,325 shares of the company’s stock worth $20,645,000 after purchasing an additional 15,545 shares during the period. Magnetar Financial LLC acquired a new position in shares of CarMax during the 3rd quarter worth $1,445,000. Leith Wheeler Investment Counsel Ltd. grew its stake in shares of CarMax by 10.5% during the 4th quarter. Leith Wheeler Investment Counsel Ltd. now owns 33,909 shares of the company’s stock worth $2,175,000 after purchasing an additional 3,210 shares during the period. California Public Employees Retirement System grew its stake in shares of CarMax by 1.9% during the 3rd quarter. California Public Employees Retirement System now owns 435,405 shares of the company’s stock worth $33,008,000 after purchasing an additional 8,205 shares during the period. Finally, Mar Vista Investment Partners LLC acquired a new position in shares of CarMax during the 4th quarter worth $38,803,000.
In other CarMax news, Director Thomas J. Folliard sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $64.04, for a total transaction of $512,320.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Darren C. Newberry sold 6,584 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $72.61, for a total transaction of $478,064.24. The disclosure for this sale can be found here. Insiders have sold a total of 66,584 shares of company stock worth $4,605,664 over the last ninety days. 1.90% of the stock is owned by corporate insiders.
Shares of CarMax, Inc (NYSE KMX) opened at $62.50 on Tuesday. The company has a market cap of $11,300.00, a PE ratio of 16.76, a P/E/G ratio of 0.95 and a beta of 1.60. CarMax, Inc has a 12 month low of $54.29 and a 12 month high of $77.64. The company has a quick ratio of 0.51, a current ratio of 2.70 and a debt-to-equity ratio of 3.83.
CarMax (NYSE:KMX) last issued its quarterly earnings data on Thursday, December 21st. The company reported $0.81 EPS for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.01). CarMax had a net margin of 4.07% and a return on equity of 21.77%. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the company posted $0.72 earnings per share. CarMax’s revenue was up 11.0% on a year-over-year basis. equities analysts anticipate that CarMax, Inc will post 3.82 earnings per share for the current year.
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CarMax Company Profile
CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.
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