Penske Automotive Group (NYSE:PAG) Downgraded by Zacks Investment Research

The Aristotle Capital Boston Llc holds 1.11M shares with $11.09 million value, up from 979,271 last quarter. Over the last 5 sessions, the stock has moved 4.59%. About 103,876 shares traded. Asbury Automotive Group, Inc. Lakeland Financial Corporation (LKFN) has risen 9.54% since April 19, 2017 and is uptrending. It has underperformed by 15.21% the S&P500. (NYSE:PAG) shares. Shares for $50.00 million were bought by PENSKE ROGER S. On Friday, October 20 the insider PENSKE CORP bought $50.00M. The consensus rating is 1.8, indicating analysts in general look favorably on the company's future prospects. The company has a market cap of $3,787.50, a price-to-earnings ratio of 10.15, a P/E/G ratio of 1.10 and a beta of 1.47. The stock decreased 1.12% or $0.5 during the last trading session, reaching $44.22. About 120,283 shares traded.

Tracking the current quarter consensus EPS estimate for Atkore International Group Inc. (NYSE:PAG) has declined 7.69% since April 18, 2017 and is downtrending. PAG underperformed the S&P 500 by 19.24%. (NASDAQ:INWK). Mutual Of America Capital Management Ltd stated it has 0.04% in InnerWorkings, Inc.

Among 10 analysts covering Penske Automotive Group (NYSE:PAG), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 75% are positive. (NASDAQ:MOMO) is 1.08. This average rating includes analysts who have offered Sell, Buy and Hold ratings on the stock. Penske Automotive Group has $60 highest and $5000 lowest target. (NYSE:PAG) on Wednesday, March 14 with "Overweight" rating. KeyBanc Capital Markets downgraded the stock to "Sector Perform" rating in Tuesday, June 28 report. As per Tuesday, October 3, the company rating was maintained by KeyBanc Capital Markets. The consensus rating is 2.1, suggesting the market has given up on the stock. The stock of InnerWorkings, Inc. The firm earned "Buy" rating on Friday, February 9 by Bank of America. Northcoast initiated it with "Buy" rating and $56.0 target in Thursday, September 28 report. The stock rating was initiated by Guggenheim with "Buy" on Monday, April 16. The rating was downgraded by Evercore on Thursday, October 13 to "Sell". (NYSE:PAG) has "Neutral" rating given on Tuesday, August 9 by Seaport Global.

During 2017 Q4 the big money sentiment decreased to 1.08. Its down 0.20, from 1.28 in 2017Q3. It dropped, as 27 investors sold Penske Automotive Group, Inc. shares while 65 reduced holdings. 21 funds opened positions while 48 raised stakes. Zacks Investment Research downgraded shares of Penske Automotive Group from a "buy" rating to a "hold" rating in a report on Wednesday, April 11th. First Midwest Savings Bank Tru Division holds 0.14% or 23,452 shares in its portfolio. Alberta - Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Corp has invested 0.01% in Penske Automotive Group, Inc. (NYSE:PAG). Private Management Grp Inc owns 536,625 shares for 1.32% of their portfolio.

Penske Automotive Group, Inc. operates as a transportation services company. The Manufacturers Life Insurance Company now owns 2,499 shares of the company's stock worth $110,000 after acquiring an additional 175 shares during the period. Panagora Asset reported 5,040 shares stake. Since the beginning of the calendar year, we note that shares have changed 44.81%. Finally, Eqis Capital Management Inc. bought a new stake in Penske Automotive Group during the 4th quarter worth approximately $269,000. Morgan Stanley, a New York-based fund reported 8,527 shares. Bank Of Montreal Can, a Ontario - Canada-based fund reported 1,995 shares. West Oak Capital Limited Liability Co invested in 0% or 53 shs. Over the last 4 weeks, shares have seen a change of -7.05%. Goldman Sachs Gru has 0% invested in InnerWorkings, Inc.

Since October 20, 2017, it had 0 insider purchases, and 1 sale for $50.00 million activity.

Investors sentiment increased to 1.35 in Q4 2017. Its down 0.20, from 1.28 in 2017Q3. 151 funds opened positions while 637 raised stakes. Arizona State Retirement Sys accumulated 31,165 shares. Lowe Brockenbrough holds 24,760 shares or 0.17% of its portfolio. (NASDAQ:INWK). Riverbridge Partners Ltd Liability has 0.23% invested in InnerWorkings, Inc. Cambiar Ltd invested in 0.29% or 393,438 shares. (NASDAQ:AAPL). Dsc Advisors Lp reported 0.45% in Apple Inc. Cutter And Brokerage Inc holds 0.09% or 4,600 shares in its portfolio. (NYSE:ABG) for 22,320 shares. Quantitative Inv Mngmt Llc accumulated 6,600 shares. Kennedy Mgmt Inc has 0.16% invested in InnerWorkings, Inc. (NYSE:ABG) for 211 shares.

Westwood Holdings Group Inc decreased Apple Inc (AAPL) stake by 8.59% reported in 2017Q4 SEC filing. Thornburg Investment Mgmt holds 433,162 shares or 0.51% of its portfolio. (NYSE:ABG) for 52 shares. (NYSE:ABG). Numeric Investors Lc has 129,200 shares for 0.06% of their portfolio. Gp One Trading Limited Partnership holds 800 shares.

Since January 1, 0001, it had 3 insider buys, and 7 selling transactions for $336,454 activity. MITSUI & CO LTD sold $50.00 million worth of stock. Penske Automotive Group's revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 earnings per share. BIIB's profit would be $1.26B giving it 11.26 P/E if the $5.95 EPS is correct.