Group 1 Automotive Inc (NYSE:GPI) 2016 Q4 Sentiment

August 29, 2017 - By Vivian Park

 Group 1 Automotive Inc (NYSE:GPI)  2016 Q4 Sentiment

Sentiment for Group 1 Automotive Inc (NYSE:GPI)

Group 1 Automotive Inc (NYSE:GPI) institutional sentiment increased to 0.84 in 2016 Q4. Its up 0.16, from 0.68 in 2016Q3. The ratio is better, as 71 hedge funds opened new or increased stock positions, while 85 trimmed and sold positions in Group 1 Automotive Inc. The hedge funds in our partner’s database now hold: 20.81 million shares, up from 20.70 million shares in 2016Q3. Also, the number of hedge funds holding Group 1 Automotive Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 25 Reduced: 60 Increased: 43 New Position: 28.

Group 1 Automotive, Inc. is an operator in the automotive retail industry. The company has market cap of $1.15 billion. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts. It has a 8.43 P/E ratio. The Firm operates through three divisions: the U.S., which includes the activities of its corporate office, the United Kingdom and Brazil.

The stock increased 1.46% or $0.79 during the last trading session, reaching $54.94. About 401,238 shares traded or 102.12% up from the average. Group 1 Automotive, Inc. (NYSE:GPI) has risen 10.14% since August 29, 2016 and is uptrending. It has underperformed by 6.56% the S&P500.

Towle & Co holds 2.86% of its portfolio in Group 1 Automotive, Inc. for 273,471 shares. Eminence Capital Lp owns 1.80 million shares or 2.2% of their US portfolio. Moreover, Hodges Capital Management Inc. has 1.57% invested in the company for 437,387 shares. The New York-based Rr Partners Lp has invested 1.44% in the stock. Cubic Asset Management Llc, a Massachusetts-based fund reported 53,355 shares.#img1#

Group 1 Automotive, Inc. (NYSE:GPI) Ratings Coverage

Ratings analysis reveals 20% of Group 1 Automotive’s analysts are positive. Out of 10 Wall Street analysts rating Group 1 Automotive, 2 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $62 while the high is $108. The stock’s average target of $91.33 is 66.24% above today’s ($54.94) share price. GPI was included in 11 notes of analysts from September 17, 2015. Sidoti upgraded the shares of GPI in report on Thursday, September 17 to “Buy” rating. The company was downgraded on Tuesday, November 22 by Goldman Sachs. Susquehanna initiated the shares of GPI in report on Thursday, February 2 with “Neutral” rating. The stock has “Buy” rating by Buckingham Research on Wednesday, July 20. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Hold” rating given on Wednesday, March 9 by Evercore. The company was maintained on Wednesday, October 28 by Stephens. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Neutral” rating by Seaport Global on Tuesday, August 9. CL King downgraded the shares of GPI in report on Tuesday, January 10 to “Neutral” rating. As per Wednesday, April 13, the company rating was maintained by Morgan Stanley. The rating was downgraded by KeyBanc Capital Markets on Friday, February 12 to “Sector Weight”.

More important recent Group 1 Automotive, Inc. (NYSE:GPI) news were published by: Prnewswire.com which released: “Group 1 Automotive Acquires Audi Dealership in Fort Worth, Texas” on August 15, 2017, also Nasdaq.com published article titled: “Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for August 30, 2017”, Bizjournals.com published: “Huge Houston automotive co. buys Fort Worth dealership” on August 17, 2017. More interesting news about Group 1 Automotive, Inc. (NYSE:GPI) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Group 1 Automotive, Sinclair Broadcast Group and …” with publication date: August 28, 2017.

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