Penske Automotive Group, Inc. (NYSE:PAG) Weekly Ratings on Jun 29, 2018

June 29, 2018 - By Joe Cepeda

Penske Automotive Group, Inc. (NYSE:PAG) Corporate Logo
Big Money Sentiment decreased to 0.9 in Q1 2018. It has change of 0.18, from 2017Q4’s 1.08. The ratio is negative due to Penske Automotive Group, Inc. positioning: 29 sold and 72 reduced. 36 funds bought holdings and 55 increased holdings. Investors holded 34.38 million in 2017Q4 but now own 35.06 million shares or 1.98% more.
Teacher Retirement Sys Of Texas accumulated 0% or 8,549 shs. State Street Corporation reported 657,295 shs. 4,809 were accumulated by Burney. Balyasny Asset Mgmt Limited Co stated it has 24,337 shs. 2.14 million were accumulated by Burgundy Asset Management. Moreover, Guggenheim Capital Limited Liability Company has 0.01% invested in Penske Automotive Group, Inc. (NYSE:PAG). Envestnet Asset Inc, a Illinois-based fund reported 4,181 shs. Credit Suisse Ag holds 0% of its capital in Penske Automotive Group, Inc. (NYSE:PAG) for 28,503 shs. D E Shaw & accumulated 27,993 shs. Stevens Cap Mgmt L P holds 0.03% or 18,231 shs. Fmr Limited Company owns 66,405 shs. California Public Employees Retirement System invested in 0.01% or 100,947 shs. Blue Chip owns 43,965 shs or 0.54% of their US capital. The New York-based Amer Intl has invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). First Republic Inv Mgmt accumulated 5,566 shs.

Penske Automotive Group, Inc. had 3 selling transactions and 1 insider purchase since March 27, 2018. This’s net activity of $50.15 million. The insider MITSUI & CO LTD sold $50.00M. On Friday, May 18 $194,056 worth of stock was bought by THOMPSON H BRIAN. On Friday, June 1 $242,886 worth of Penske Automotive Group, Inc. (NYSE:PAG) was sold by MCWATERS KIMBERLY J.

Penske Automotive Group, Inc. (NYSE:PAG) Ratings Coverage

In total 3 analysts cover Penske Automotive Group (NYSE:PAG). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NYSE:PAG) has 100% bullish analysts. 3 are the (NYSE:PAG)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The company rating was initiated by Guggenheim on Monday, April 16. On Wednesday, March 14 Morgan Stanley maintained Penske Automotive Group, Inc. (NYSE:PAG) rating. Morgan Stanley has “Overweight” rating and $54 target. On Friday, February 9 Bank of America maintained Penske Automotive Group, Inc. (NYSE:PAG) with “Buy” rating. Listed here are Penske Automotive Group, Inc. (NYSE:PAG) PTs and latest ratings.

16/04/2018 Broker: Guggenheim Rating: Buy New Target: $50.0000 Initiate
14/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $50 New Target: $54 Maintain
09/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $58 New Target: $60 Maintain

PAG hit $47.34 during the last trading session after $0.37 change.Penske Automotive Group, Inc. has volume of 59,077 shares. Since June 29, 2017 PAG has risen 13.29% and is uptrending. PAG outperformed by 0.72% the S&P500.

Penske Automotive Group, Inc. operates as a transportation services company.The company has $4.02 billion market cap. The firm operates through Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments divisions.6.63 is the P/E ratio. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand.

More recent Penske Automotive Group, Inc. (NYSE:PAG) news were announced by Bizjournals.com, Fool.com and Globenewswire.com. The first one has “Penske Truck Leasing Co. opens largest Houston facility, hiring” as a title and was announced on June 01, 2018. The next is “This Electric Semi Is Trucking Right Past Tesla’s” on June 28, 2018. And last was announced on June 28, 2018, called “Research Report Identifies Paycom Software, Tempur Sealy International, Penske Automotive Group, World Fuel …”.

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Investors Chart

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