Analysts See $1.10 EPS for Penske Automotive Group, Inc. (PAG); Cambiar Investors Upped Ambev Sa (ABEV) Stake

October 13, 2017 - By Michael Collier

Analysts expect Penske Automotive Group, Inc. (NYSE:PAG) to report $1.10 EPS on October, 25.They anticipate $0.07 EPS change or 6.80% from last quarter’s $1.03 EPS. PAG’s profit would be $93.06 million giving it 10.29 P/E if the $1.10 EPS is correct. After having $1.27 EPS previously, Penske Automotive Group, Inc.’s analysts see -13.39% EPS growth. The stock decreased 0.51% or $0.23 during the last trading session, reaching $45.27. About shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has risen 20.45% since October 13, 2016 and is uptrending. It has outperformed by 3.75% the S&P500.

Cambiar Investors Llc increased Ambev Sa (ABEV) stake by 3.65% reported in 2017Q2 SEC filing. Cambiar Investors Llc acquired 723,915 shares as Ambev Sa (ABEV)’s stock declined 1.05%. The Cambiar Investors Llc holds 20.58M shares with $112.99M value, up from 19.86M last quarter. Ambev Sa now has $106.72B valuation. It closed at $6.79 lastly. It is down 10.52% since October 13, 2016 and is uptrending. It has underperformed by 6.18% the S&P500.

Since June 1, 2017, it had 0 insider purchases, and 2 sales for $557,485 activity. KURNICK ROBERT H JR also sold $474,569 worth of Penske Automotive Group, Inc. (NYSE:PAG) shares. On Thursday, June 1 the insider Spradlin Shane M. sold $82,916.

Among 7 analysts covering Penske Automotive Group (NYSE:PAG), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Penske Automotive Group had 11 analyst reports since October 14, 2015 according to SRatingsIntel. Evercore downgraded the shares of PAG in report on Thursday, October 13 to “Sell” rating. Susquehanna initiated Penske Automotive Group, Inc. (NYSE:PAG) on Thursday, February 2 with “Positive” rating. The company was upgraded on Friday, April 28 by Gabelli. The company was downgraded on Tuesday, June 28 by KeyBanc Capital Markets. On Thursday, September 15 the stock rating was downgraded by Gabelli to “Hold”. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 3 with “Hold”. The firm earned “Buy” rating on Thursday, September 28 by Northcoast. KeyBanc Capital Markets maintained the shares of PAG in report on Thursday, August 31 with “Hold” rating. As per Tuesday, August 9, the company rating was initiated by Seaport Global.

Penske Automotive Group, Inc. is an international transportation services company. The company has market cap of $3.83 billion. The Firm 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 principally in Australia and New Zealand. It has a 10.78 P/E ratio. The Company’s divisions include Retail Automotive, consisting of its retail automotive dealership operations; Retail Commercial Truck, consisting of its retail commercial truck dealership activities in the United States and Canada; Other, consisting of its commercial vehicle and power systems distribution activities and other non-automotive consolidated operations, and Non-Automotive Investments, consisting of its equity method investments in non-automotive operations.

Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.17, from 1.07 in 2017Q1. It worsened, as 30 investors sold Penske Automotive Group, Inc. shares while 69 reduced holdings. 32 funds opened positions while 57 raised stakes. 33.24 million shares or 1.84% more from 32.64 million shares in 2017Q1 were reported. Peak6 Invests Limited Partnership has 2,195 shares for 0% of their portfolio. Swiss Bancshares holds 0% or 64,100 shares in its portfolio. Moreover, Logan Cap Mngmt Inc has 0.05% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 16,336 shares. Employees Retirement Association Of Colorado has 9,075 shares. Great West Life Assurance Co Can owns 3,617 shares for 0% of their portfolio. North Star Invest Corporation has 0% invested in Penske Automotive Group, Inc. (NYSE:PAG). Asset Management One Limited owns 19,177 shares for 0% of their portfolio. Gilder Gagnon Howe Communications Ltd Liability Co holds 0.05% or 82,061 shares. Fruth Invest Management owns 9,700 shares or 0.2% of their US portfolio. Blue Chip Prtn has 33,344 shares. Kemnay Advisory invested in 0.47% or 18,553 shares. Gramercy Funds Mgmt Limited Liability Co has 26,365 shares for 0.22% of their portfolio. Edmp has invested 0.97% in Penske Automotive Group, Inc. (NYSE:PAG). Fifth Third Natl Bank stated it has 0.02% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Koch invested in 0.09% or 322,139 shares.

Among 5 analysts covering AmBev SA (NYSE:ABEV), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. AmBev SA had 7 analyst reports since September 17, 2015 according to SRatingsIntel. The stock has “Overweight” rating by JP Morgan on Thursday, November 10. The stock of Ambev SA (ADR) (NYSE:ABEV) earned “Outperform” rating by Credit Suisse on Tuesday, September 12. The firm earned “Equal-Weight” rating on Thursday, August 18 by Morgan Stanley. The stock of Ambev SA (ADR) (NYSE:ABEV) has “Equal Weight” rating given on Thursday, November 3 by Barclays Capital. The stock has “Buy” rating by Goldman Sachs on Monday, October 10. The rating was maintained by Barclays Capital with “Hold” on Friday, July 28.


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