Asbury Automotive Group Inc (NYSE:ABG) Shorted Shares Reduced By 9.04%

Asbury Automotive Group, Inc. (NYSE:ABG) Corporate Logo

During 2018 Q2 the big money sentiment increased to 1.67. That’s change of 0.53, from 2018Q1’s 1.14. 13 investors sold all, 41 reduced holdings as Asbury Automotive Group, Inc. ratio increased. 66 increased stakes while 24 funds amassed stakes. Funds hold 20.59 million shares thus 0.64% more from 2018Q1’s 20.46 million shares.
Bessemer invested in 15,700 shs or 0% of the stock. Ls Advsr Ltd Liability Corporation holds 0% of its capital in Asbury Automotive Group, Inc. (NYSE:ABG) for 551 shs. 2,600 were reported by Numerixs Technology Inc. The California-based Globeflex Cap Limited Partnership has invested 0.24% in Asbury Automotive Group, Inc. (NYSE:ABG). Sei owns 2,994 shs. Gam Ag owns 8,768 shs. Comerica Comml Bank owns 19,499 shs or 0.01% of their US capital. State Of Alaska Department Of Revenue holds 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG) or 6,024 shs. Kbc Gru Nv holds 18,396 shs. Parallax Volatility Advisers Limited Partnership reported 758 shs. Sterling Capital Management Limited Co has 11,570 shs. Dekabank Deutsche Girozentrale accumulated 5,994 shs. Hsbc Holdg Plc reported 28,935 shs stake. Swiss Bankshares stated it has 36,400 shs. Texas Permanent School Fund holds 11,851 shs or 0.01% of its capital.

Asbury Automotive Group, Inc. registered $1.24 million net activity with 0 buys and 2 insider sales since June 6, 2018. The insider JAMES JUANITA T sold $112,095. Villasana George A also sold $973,239 worth of Asbury Automotive Group, Inc. (NYSE:ABG) shs.

Asbury Automotive Group Inc (NYSE:ABG) recorded a decrease of 9.04% in shares shorted. FINRA published in December ABG’s total 1.79 million shares shorted. That’s 9.04% down from 1.97M shares. Previous ABG’s position will need 15 days to restore. It has 122,100 average volume. Float short on Asbury Automotive Group Inc is 10.8%.

ABG is touching $64.35 during the last trading session, after decreased 2.43%.Currently Asbury Automotive Group, Inc. is uptrending after 24.48% change in last December 8, 2017. ABG has also 192,210 shares volume. ABG outperformed the S&P 500 by 8.86%.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States.The company has $1.26 billion market cap. It offers a range of automotive services and products, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services.The P/E ratio is 7.81. The firm also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance.

Asbury Automotive Group, Inc. (NYSE:ABG) Ratings Coverage

In total 3 analysts cover Asbury Automotive Group (NYSE:ABG). “Buy” rating has 0, “Sell” are 1, while 2 are “Hold”. 0 are bullish. 3 are the (NYSE:ABG)’s analyst reports since August 24, 2018 according to StockzIntelligence Inc. In Wednesday, October 24 report Buckingham Research maintained it with “Neutral” rating and $74 target. On Wednesday, November 14 the company was maintained by Morgan Stanley.

For more Asbury Automotive Group, Inc. (NYSE:ABG) news posted briefly go to: Gurufocus.com, Gurufocus.com, Globenewswire.com, Seekingalpha.com or Fool.com. The titles are as follows: “David Abrams Buys 3 Stocks in 3rd Quarter – GuruFocus.com” posted on November 14, 2018, “David Abrams Buys Shire, Boosts Lithia Motors – GuruFocus.com” on November 14, 2018, “Investor Expectations to Drive Momentum within Gilead Sciences, SCANA, Brink’s, Fortive, Asbury Automotive Group, and Helmerich & Payne — Discovering Underlying Factors of Influence – GlobeNewswire” with a publish date: October 31, 2018, “Morgan Stanley sees huge reset in auto retail industry – Seeking Alpha” and the last “Frontline (FRO) Q3 2018 Earnings Conference Call Transcript – Motley Fool” with publication date: November 16, 2018.

Asbury Automotive Group, Inc. (NYSE:ABG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.