Horizon Kinetics Cut Autonation (AN) Holding By $1.62 Million; Kennedy Capital Management Lifted Greenhill & Co (GHL) Stake By $5.60 Million

December 29, 2017 - By Kurt Siggers

Horizon Kinetics Llc decreased Autonation Inc (AN) stake by 62.25% reported in 2017Q3 SEC filing. Horizon Kinetics Llc sold 34,567 shares as Autonation Inc (AN)’s stock declined 16.96%. The Horizon Kinetics Llc holds 20,961 shares with $996,000 value, down from 55,528 last quarter. Autonation Inc now has $4.72 billion valuation. The stock increased 0.62% or $0.32 during the last trading session, reaching $51.7. About 322,012 shares traded. AutoNation, Inc. (NYSE:AN) has declined 14.65% since December 29, 2016 and is downtrending. It has underperformed by 31.35% the S&P500.

Kennedy Capital Management Inc increased Greenhill & Co Inc (GHL) stake by 117.64% reported in 2017Q3 SEC filing. Kennedy Capital Management Inc acquired 350,019 shares as Greenhill & Co Inc (GHL)’s stock declined 26.92%. The Kennedy Capital Management Inc holds 647,543 shares with $10.75M value, up from 297,524 last quarter. Greenhill & Co Inc now has $539.50 million valuation. The stock decreased 0.51% or $0.1 during the last trading session, reaching $19.65. About 78,100 shares traded. Greenhill & Co., Inc. (NYSE:GHL) has risen 14.04% since December 29, 2016 and is uptrending. It has underperformed by 2.66% the S&P500.

Horizon Kinetics Llc increased Civeo Corp Cda stake by 5.06M shares to 23.55M valued at $67.11M in 2017Q3. It also upped Associated Cap Group Inc stake by 39,167 shares and now owns 1.32M shares. Doubleline Income Solutions (DSL) was raised too.

Among 20 analysts covering AutoNation (NYSE:AN), 6 have Buy rating, 2 Sell and 12 Hold. Therefore 30% are positive. AutoNation had 33 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Sell” rating by Goldman Sachs on Tuesday, March 8. Jefferies initiated the shares of AN in report on Monday, April 11 with “Hold” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, October 11 report. Deutsche Bank maintained the stock with “Hold” rating in Thursday, August 3 report. On Thursday, October 29 the stock rating was upgraded by Stifel Nicolaus to “Buy”. As per Thursday, February 2, the company rating was initiated by Susquehanna. As per Tuesday, October 3, the company rating was maintained by KeyBanc Capital Markets. On Tuesday, May 30 the stock rating was maintained by Jefferies with “Hold”. KeyBanc Capital Markets maintained the shares of AN in report on Monday, November 13 with “Hold” rating. As per Thursday, September 8, the company rating was initiated by CL King.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.20, from 1.08 in 2017Q2. It dropped, as 52 investors sold AN shares while 69 reduced holdings. 34 funds opened positions while 73 raised stakes. 70.55 million shares or 0.56% less from 70.95 million shares in 2017Q2 were reported. Nationwide Fund Advisors reported 121,771 shares or 0.02% of all its holdings. Smith Graham & Investment Advisors LP holds 0.39% of its portfolio in AutoNation, Inc. (NYSE:AN) for 78,528 shares. 8,770 were reported by Cibc Markets Incorporated. American Group holds 0.02% in AutoNation, Inc. (NYSE:AN) or 133,560 shares. Bessemer Gru has 0% invested in AutoNation, Inc. (NYSE:AN) for 25 shares. Skba Capital Mgmt Limited Company holds 0.04% in AutoNation, Inc. (NYSE:AN) or 5,320 shares. Ogorek Anthony Joseph Adv accumulated 488 shares. Commonwealth Commercial Bank Of owns 38,034 shares. Bank & Trust Of Ny Mellon Corporation holds 0.01% of its portfolio in AutoNation, Inc. (NYSE:AN) for 878,282 shares. Northern Management Limited holds 59,150 shares. Arizona State Retirement owns 37,001 shares. 41,057 were reported by Raymond James Assoc. Tyvor Cap Llc owns 3.4% invested in AutoNation, Inc. (NYSE:AN) for 377,228 shares. British Columbia Invest Mngmt accumulated 0.01% or 37,176 shares. Royal Bancorp Of Canada stated it has 37,883 shares.

Since August 4, 2017, it had 0 buys, and 1 insider sale for $109,178 activity. 2,800 shares were sold by GRUSKY ROBERT R, worth $109,178 on Friday, August 4.

Analysts await AutoNation, Inc. (NYSE:AN) to report earnings on February, 2. They expect $0.93 earnings per share, down 2.11% or $0.02 from last year’s $0.95 per share. AN’s profit will be $84.85 million for 13.90 P/E if the $0.93 EPS becomes a reality. After $1.08 actual earnings per share reported by AutoNation, Inc. for the previous quarter, Wall Street now forecasts -13.89% negative EPS growth.

Among 10 analysts covering Greenhill (NYSE:GHL), 1 have Buy rating, 5 Sell and 4 Hold. Therefore 10% are positive. Greenhill had 28 analyst reports since September 8, 2015 according to SRatingsIntel. Bank of America initiated the stock with “Underperform” rating in Wednesday, December 14 report. The stock of Greenhill & Co., Inc. (NYSE:GHL) earned “Sell” rating by UBS on Monday, August 21. The company was downgraded on Thursday, January 5 by Nomura. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, October 18. As per Tuesday, October 10, the company rating was downgraded by Sandler O’Neill. The company was maintained on Friday, July 28 by Keefe Bruyette & Woods. Rafferty upgraded the stock to “Buy” rating in Friday, January 29 report. Keefe Bruyette & Woods upgraded the shares of GHL in report on Thursday, June 1 to “Hold” rating. As per Thursday, July 21, the company rating was downgraded by Credit Suisse. As per Tuesday, September 8, the company rating was upgraded by Credit Suisse.