NN Financial commitment Companions Holdings N.V. bought a new placement in Penske Automotive Group, Inc. (NYSE:PAG – Get Rating) in the 4th quarter, in accordance to its most new submitting with the Securities & Exchange Commission. The fund acquired 12,600 shares of the company’s inventory, valued at about $1,351,000.
A number of other significant buyers also a short while ago made improvements to their positions in the stock. Signaturefd LLC grew its situation in Penske Automotive Team by 65.6% in the fourth quarter. Signaturefd LLC now owns 1,038 shares of the company’s inventory truly worth $111,000 right after getting an additional 411 shares in the final quarter. Convergence Expenditure Partners LLC grew its situation in Penske Automotive Team by 9.9% in the fourth quarter. Convergence Financial investment Partners LLC now owns 4,310 shares of the company’s inventory worth $462,000 soon after obtaining an more 387 shares in the very last quarter. Hennessy Advisors Inc. acquired a new place in Penske Automotive Group in the fourth quarter truly worth $12,684,000. New York State Academics Retirement Procedure grew its posture in Penske Automotive Team by 3.7% in the fourth quarter. New York Point out Academics Retirement Program now owns 2,800 shares of the company’s stock really worth $300,000 soon after attaining an supplemental 100 shares in the previous quarter. Last but not least, MorganRosel Prosperity Management LLC ordered a new stake in Penske Automotive Team for the duration of the fourth quarter valued at about $865,000. Institutional buyers possess 50.18% of the company’s inventory.
Numerous analysts have issued studies on PAG shares. Morgan Stanley upped their price concentrate on on shares of Penske Automotive Team from $90.00 to $95.00 and gave the corporation an “underweight” rating in a research report on Tuesday, March 8th. StockNews.com decreased shares of Penske Automotive Team from a “strong-buy” ranking to a “buy” rating in a research report on Wednesday. Eventually, Zacks Investment decision Exploration reduced shares of Penske Automotive Group from a “buy” ranking to a “hold” score and set a $105.00 price goal for the corporation. in a investigate report on Thursday, March 10th. Just one equities study analyst has rated the stock with a provide ranking, one particular has provided a keep score and 4 have issued a buy rating to the firm. According to info from MarketBeat.com, the organization has a consensus score of “Buy” and a consensus price target of $116.80.
Shares of NYSE:PAG opened at $94.25 on Friday. The firm has a market place cap of $7.24 billion, a selling price-to-earnings ratio of 6.32, a rate-to-earnings-growth ratio of .32 and a beta of 1.46. The corporation has a 50-day moving common cost of $100.20 and a 200-day shifting average price of $102.75. The company has a latest ratio of .95, a quick ratio of .22 and a debt-to-fairness ratio of .34. Penske Automotive Team, Inc. has a 12 month small of $72.35 and a 12 thirty day period superior of $114.34.
Penske Automotive Team (NYSE:PAG – Get Score) last issued its quarterly earnings information on Wednesday, February 9th. The business claimed $4.10 EPS for the quarter, beating the consensus estimate of $3.67 by $.43. The business had income of $6.30 billion through the quarter, in comparison to the consensus estimate of $6.23 billion. Penske Automotive Team had a internet margin of 4.65% and a return on equity of 32.03%. Through the very same interval in the prior yr, the agency posted $2.49 earnings for every share. As a team, study analysts forecast that Penske Automotive Group, Inc. will article 15.03 EPS for the present fiscal 12 months.
The firm also a short while ago disclosed a quarterly dividend, which was compensated on Tuesday, March 1st. Stockholders of file on Thursday, February 10th were being paid a dividend of $.47 for every share. This represents a $1.88 annualized dividend and a dividend yield of 1.99%. This is an enhance from Penske Automotive Group’s previous quarterly dividend of $.46. The ex-dividend day of this dividend was Wednesday, February 9th. Penske Automotive Group’s dividend payout ratio is 12.60%.
Penske Automotive Team Firm Profile (Get Rating)
Penske Automotive Team, Inc operates as an international transportation products and services company. Which engages in the distribution of professional motor vehicles, diesel engines, gasoline engines, ability methods and connected elements & providers. It operates by way of the next segments: Retail Automotive, Retail Business Truck, Non-Automotive Investments, and Other.
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