Asbury Automotive Group, Inc. (ABG) Touches $64.45 Formed H&S; Cowen Class A (COWN) SI Decreased By 0.53%

Asbury Automotive Group, Inc. (ABG) formed inverse H&S with $70.25 target or 9.00% above today’s $64.45 share price. Asbury Automotive Group, Inc. (ABG) has $1.34B valuation. The stock decreased 0.39% or $0.25 during the last trading session, reaching $64.45. About 554,937 shares traded or 138.44% up from the average. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since December 25, 2016 and is uptrending. It has underperformed by 9.15% the S&P500.

Cowen Class A (NASDAQ:COWN) had a decrease of 0.53% in short interest. COWN’s SI was 3.84 million shares in December as released by FINRA. Its down 0.53% from 3.86 million shares previously. With 259,200 avg volume, 15 days are for Cowen Class A (NASDAQ:COWN)’s short sellers to cover COWN’s short positions. The SI to Cowen Class A’s float is 16.47%. The stock decreased 1.68% or $0.25 during the last trading session, reaching $14.65. About 739,297 shares traded or 96.83% up from the average. Cowen Inc. (NASDAQ:COWN) has risen 22.52% since December 25, 2016 and is uptrending. It has outperformed by 5.82% the S&P500.

Investors sentiment is 0 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 0 investors sold Cowen Inc. shares while 2 reduced holdings. only 0 funds opened positions while 0 raised stakes. 45,788 shares or 12.45% less from 52,297 shares in 2017Q2 were reported. Cacti Asset Management invested in 0.01% or 5,000 shares. Greenwich Wealth Ltd Limited Liability Company reported 0.12% of its portfolio in Cowen Inc. (NASDAQ:COWN).

Cowen Group, Inc. is a publicly owned asset management holding company. The company has market cap of $455.43 million. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It has a 67.2 P/E ratio. It manages separate client focused portfolio through its subsidiaries.

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on February, 6. They expect $1.60 earnings per share, up 2.56% or $0.04 from last year’s $1.56 per share. ABG’s profit will be $33.32 million for 10.07 P/E if the $1.60 EPS becomes a reality. After $1.48 actual earnings per share reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts 8.11% EPS growth.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.12, from 1.03 in 2017Q2. It dived, as 18 investors sold Asbury Automotive Group, Inc. shares while 52 reduced holdings. 19 funds opened positions while 45 raised stakes. 20.68 million shares or 2.75% less from 21.26 million shares in 2017Q2 were reported. Texas Permanent School Fund accumulated 13,537 shares. Assetmark Inc invested in 232 shares or 0% of the stock. Geode Capital Mgmt Lc holds 0% or 165,571 shares. Clearbridge Investments Ltd Com holds 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 563 shares. California Employees Retirement System stated it has 86,974 shares. Laurion Capital Mgmt L P invested 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Hbk Invests Lp holds 34,700 shares. Mason Street Advsr Limited Liability Corp reported 0.01% stake. Riverhead Capital Management Ltd Liability Corporation, Delaware-based fund reported 1,634 shares. Metropolitan Life Company Ny reported 25,584 shares or 0.01% of all its holdings. First Advsrs Ltd Partnership holds 28,705 shares. Hutchin Hill Capital L P stated it has 9,700 shares or 0.02% of all its holdings. Chicago Equity Prns Ltd has invested 0.04% in Asbury Automotive Group, Inc. (NYSE:ABG). Deutsche Savings Bank Ag has 306,708 shares for 0.01% of their portfolio. Natl Bank Of New York Mellon owns 0% invested in Asbury Automotive Group, Inc. (NYSE:ABG) for 265,003 shares.

Among 7 analysts covering Asbury Automotive (NYSE:ABG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Asbury Automotive has $100 highest and $5500 lowest target. $76.17’s average target is 18.18% above currents $64.45 stock price. Asbury Automotive had 21 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Asbury Automotive Group, Inc. (NYSE:ABG) earned “Hold” rating by Craig Hallum on Tuesday, January 12. The rating was upgraded by Craig Hallum on Tuesday, September 8 to “Buy”. The stock of Asbury Automotive Group, Inc. (NYSE:ABG) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, October 3. Jefferies maintained Asbury Automotive Group, Inc. (NYSE:ABG) on Friday, June 2 with “Hold” rating. The stock of Asbury Automotive Group, Inc. (NYSE:ABG) earned “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, November 16. The firm has “Hold” rating given on Friday, September 8 by Jefferies. The firm has “Neutral” rating given on Wednesday, September 30 by Bank of America. Craig Hallum maintained Asbury Automotive Group, Inc. (NYSE:ABG) rating on Wednesday, July 26. Craig Hallum has “Hold” rating and $5500 target. Jefferies maintained the shares of ABG in report on Thursday, July 6 with “Hold” rating. On Wednesday, October 11 the stock rating was maintained by Jefferies with “Hold”.