Sonic Automotive, Inc. (NYSE:SAH) Rating Changes as of May 17, 2018

May 17, 2018 - By Mary Markley

Sonic Automotive, Inc. (NYSE:SAH) Corporate Logo
Big Money Sentiment decreased to 0.87 in 2017 Q4. It has change of 0.01, from 2017Q3’s 0.88. The ratio worsened due to Sonic Automotive, Inc. positioning: 10 sold and 44 reduced. 16 funds acquired holdings and 31 increased holdings. Investors holded 26.71 million in 2017Q3 but now own 26.60 million shares or 0.41% less.
Bank Of New York Mellon Corporation holds 688,625 shs. Citigroup Inc holds 281 shs or 0% of its capital. 32,726 were accumulated by State Board Of Administration Of Florida Retirement Systems. Citadel Advsrs Limited Liability Corporation accumulated 201,207 shs. Cubist Systematic Strategies Limited Liability Corp has invested 0.01% in Sonic Automotive, Inc. (NYSE:SAH). Gemmer Asset Limited Com invested in 212 shs. Pillar Pacific Capital Management Lc holds 0.04% or 16,200 shs. Jpmorgan Chase Com has invested 0% in Sonic Automotive, Inc. (NYSE:SAH). Assetmark holds 0% in Sonic Automotive, Inc. (NYSE:SAH) or 7 shs. 406,090 were reported by Prudential Finance Incorporated. Pnc Ser Gru reported 0% of its capital in Sonic Automotive, Inc. (NYSE:SAH). Strs Ohio has 0% invested in Sonic Automotive, Inc. (NYSE:SAH). Grantham Mayo Van Otterloo & Lc holds 0% in Sonic Automotive, Inc. (NYSE:SAH) or 27,600 shs. Sei Invs Communication, Pennsylvania-based fund reported 71 shs. Blackrock invested in 0% or 3.26M shs.

Sonic Automotive, Inc. (NYSE:SAH) Ratings Coverage

A total of 3 analysts rate Sonic Automotive (NYSE:SAH) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NYSE:SAH) has 3 ratings reports on May 17, 2018 according to StockzIntelligence. On Wednesday, March 14 the stock of Sonic Automotive, Inc. (NYSE:SAH) has “Overweight” rating given by Morgan Stanley. On Tuesday, February 27 the stock of Sonic Automotive, Inc. (NYSE:SAH) has “Hold” rating given by Stephens. On Monday, January 8 the rating was upgraded by Bank of America to “Hold”. Listed here are Sonic Automotive, Inc. (NYSE:SAH) PTs and latest ratings.

14/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $23 New Target: $25 Maintain
27/02/2018 Broker: Stephens Rating: Hold New Target: $23.0 Maintain
08/01/2018 Broker: Bank of America Rating: Hold New Target: $23.0 Upgrade

The stock increased 1.86% or $0.4 during the last trading session, touching $21.9.Sonic Automotive, Inc. has volume of 146,609 shares. Since May 17, 2017 SAH has declined 9.55% and is downtrending. SAH underperformed by 21.10% the S&P 500.

Sonic Automotive, Inc. operates as an automotive retailer in the United States.The company has $934.50 million market cap. It operates in two divisions, Franchised Dealerships and EchoPark.The P/E ratio is 10.46. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, maker warranty repairs, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products.

More recent Sonic Automotive, Inc. (NYSE:SAH) news were announced by Globenewswire.com, Streetinsider.com and Seekingalpha.com. The first one has “Factors of Influence in 2018, Key Indicators and Opportunity within Sonic Automotive, STERIS plc, AquaVenture …” as a title and was announced on May 03, 2018. The next is “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” on May 15, 2018. And last was announced on April 26, 2018, called “More on Sonic Automotive’s Q1”.

Sonic Automotive, Inc. (NYSE:SAH) Institutional Investors Chart

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