Lithia Motors Inc (LAD) Director Kenneth E. Roberts Sells 5000 Shares

Lester Mason
January 13, 2018

The 6 months bullish chart indicates low risk for the $3.11 billion company. The company has a consensus rating of "Buy" and an average target price of $124.00. About 30,611 shares traded. Lithia Motors Inc has a 12-month low of $80.88 and a 12-month high of $124.04. It has outperformed by 0.18% the S&P500.

Iconiq Capital Llc increased its stake in Facebook Inc (FB) by 8104.7% based on its latest 2017Q3 regulatory filing with the SEC. The stock was sold at an average price of $122.62, for a total value of $65,479.08. The Clear Harbor Asset Management Llc holds 254,926 shares with $9.57M value, down from 279,745 last quarter. Moreover, First Washington has 1.69% invested in Facebook, Inc. The stock increased 0.62% or $1.08 during the last trading session, reaching $174.9. Thermo Fisher Scientific Inc. Nxstage Medical, Inc. (NASDAQ:NXTM) has risen 21.18% since January 12, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

(NYSE:LAD)'s Buy count is 2 and Strong Buy is 5 while the number of analysts recommending Sell and Strong Sell are 0 and 2, respectively. Therefore 60% are positive.

In terms of CCI levels, Lithia Motors (LAD) now has a 14-day Commodity Channel Index (CCI) of 132.62. The firm has "Buy" rating given on Monday, November 13 by KeyBanc Capital Markets. The stock has "Outperform" rating by Wolfe Research on Wednesday, August 31. Raymond James upgraded the stock to "Buy" rating in Monday, July 10 report. The rating was maintained by KeyBanc Capital Markets with "Overweight" on Wednesday, October 4. As per Monday, April 11, the company rating was initiated by Jefferies. (NYSE:LAD) on Wednesday, November 16 with "Overweight" rating. Susquehanna initiated the stock with "Neutral" rating in Thursday, February 2 report. On Friday, June 16 the stock rating was downgraded by Bank of America to "Underperform". (NYSE:LAD) earned "Buy" rating by Jefferies on Friday, September 8.

Investors sentiment decreased to 1.01 in 2017 Q3. Its up 0.13, from 1.45 in 2017Q2. KeyCorp analyst B. Hoselton now forecasts that the brokerage will post earnings of $7.43 per share for the year, up from their prior forecast of $7.41. 34 funds opened positions while 57 raised stakes. Inc. increased its position in Lithia Motors by 38.5% during the third quarter. (NYSE:LAD). Pinebridge Invs Limited Partnership stated it has 27,560 shares.

In other news, Director Sidney B. Deboer sold 3,051 shares of the company's stock in a transaction on Tuesday, November 21st.

Press coverage about Lithia Motors (NYSE:LAD) has been trending somewhat positive this week, according to Accern Sentiment Analysis. (NYSE:LAD)'s stock has been 23.16% and 20.50% for the last 12 months. Kennedy Cap Mgmt reported 197,333 shares. Ubs Asset Mngmt Americas has invested 0% of its portfolio in Lithia Motors, Inc. (NYSE:LAD) for 4,763 shares. Rampart Invest Management Communications Ltd Liability Co reported 1,920 shares.

After a recent check, Lithia Motors's 14-day RSI is now at 64.14, the 7-day stands at 72.93, and the 3-day is sitting at 83.93. It worsened, as 31 investors sold FLIR Systems, Inc. shares while 108 reduced holdings. 602,948 are held by State Street. (NYSE:LAD) was sold by Cain Susan O.

Since August 8, 2017, it had 0 buys, and 12 sales for $18.06 million activity. Over the past week, shares are 5.40%. Lithia Motors has also provided a strong fiscal 2017 guidance.

Needle moving action has been spotted in Lithia Motors (LAD) as shares are moving today on volatility 0.41% or 0.50 from the open. (NYSE:WSO). Victory Mgmt, a Ohio-based fund reported 63,144 shares. DEBOER BRYAN B had sold 20,820 shares worth $2.17 million on Friday, August 18. 3,959 shares were sold by North John F, worth $413,716 on Monday, August 21. Jefferies maintained ABIOMED, Inc. They expect $2.10 earnings per share, up 12.90% or $0.24 from last year's $1.86 per share. It has a 14.96 P/E ratio.

Lithia Motors, Inc. operates automotive franchises, and retails new and used vehicles in the United States. The company was maintained on Tuesday, September 5 by KeyBanc Capital Markets. The Company operates in three segments: Domestic, Import and Luxury. It has a 15.15 P/E ratio. It sells new and used cars, replacement parts, vehicle service contracts, vehicle protection products, and credit insurance products; provides vehicle maintenance, warranty, paint, and fix services; and arranges related financing. (NYSE:TMO) to report earnings on January, 30. The stock increased 0.97% or $2.01 during the last trading session, reaching $210.15. TMO's profit will be $1.07 billion for 19.79 P/E if the $2.66 EPS becomes a reality. Cibc World Mkts invested in 0.05% or 146,660 shares. Its down 0.18, from 1.19 in 2017Q2. Natixis accumulated 0% or 3,679 shares. Mesirow Financial Investment Management, a Alabama-based fund reported 171,410 shares. (NASDAQ:FB). Edgemoor Investment Incorporated holds 0.03% of its portfolio in Facebook, Inc. (NASDAQ:FB). Fortaleza Asset Mngmt Inc stated it has 2.57% in Facebook, Inc. Marshall Wace Limited Liability Partnership holds 0.39% or 44,224 shares. Corporate insiders own 7.85% of the company's stock. Lakewood L P holds 1.52% of its portfolio in Lithia Motors, Inc. (NASDAQ:ABMD). Ellington Management Ltd owns 3,300 shares or 0.09% of their U.S. portfolio. Blair William & Communication Il reported 903,320 shares. Farmers Merchants holds 61 shares or 0% of its portfolio. Los Angeles Management & Equity Research Inc reported 257,363 shares. This recommendation falls on a scale from 1 to 5 where a 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. Facebook had 216 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Thermo Fisher Scientific Inc. Robert W. Baird has "Buy" rating and $163.0 target. The rating was maintained by Jefferies with "Buy" on Wednesday, October 11. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 5 with "Buy". The rating was maintained by Leerink Swann on Wednesday, May 4 with "Outperform". The stock has "Neutral" rating by Seaport Global on Wednesday, June 14.

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