Schroder Investment Management Group Has $27.02 Million Holdings in Group 1 Automotive, Inc. (NYSE:GPI)

Schroder Investment Management Group decreased its position in shares of Group 1 Automotive, Inc. (NYSE:GPI) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,472 shares of the company’s stock after selling 1,162 shares during the quarter. Schroder Investment Management Group owned approximately 0.48% of Group 1 Automotive worth $27,021,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Group 1 Automotive during the fourth quarter valued at about $30,000. GAMMA Investing LLC boosted its position in Group 1 Automotive by 70.4% during the 4th quarter. GAMMA Investing LLC now owns 121 shares of the company’s stock worth $51,000 after buying an additional 50 shares during the period. Avior Wealth Management LLC grew its holdings in Group 1 Automotive by 25.6% during the 4th quarter. Avior Wealth Management LLC now owns 152 shares of the company’s stock worth $64,000 after acquiring an additional 31 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Group 1 Automotive in the 4th quarter valued at approximately $66,000. Finally, Global Retirement Partners LLC raised its stake in shares of Group 1 Automotive by 59.3% during the fourth quarter. Global Retirement Partners LLC now owns 188 shares of the company’s stock valued at $79,000 after acquiring an additional 70 shares during the last quarter. Institutional investors own 99.92% of the company’s stock.

Wall Street Analysts Forecast Growth

GPI has been the topic of several analyst reports. Jefferies Financial Group initiated coverage on shares of Group 1 Automotive in a research note on Friday, December 13th. They issued a “buy” rating and a $500.00 price objective on the stock. JPMorgan Chase & Co. reduced their price target on Group 1 Automotive from $495.00 to $435.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Finally, Stephens restated an “equal weight” rating and set a $460.00 price objective on shares of Group 1 Automotive in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Group 1 Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $450.33.

Group 1 Automotive Stock Up 2.3 %

Shares of NYSE:GPI opened at $399.05 on Thursday. Group 1 Automotive, Inc. has a 1 year low of $262.31 and a 1 year high of $490.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.03 and a quick ratio of 0.24. The business’s 50-day moving average is $439.49 and its 200-day moving average is $414.24. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 10.86 and a beta of 1.05.

Group 1 Automotive (NYSE:GPI) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $10.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.77 by $1.25. Group 1 Automotive had a return on equity of 18.09% and a net margin of 2.47%. Equities research analysts predict that Group 1 Automotive, Inc. will post 41 earnings per share for the current year.

Group 1 Automotive Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.50 per share. This is an increase from Group 1 Automotive’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.00 annualized dividend and a dividend yield of 0.50%. Group 1 Automotive’s payout ratio is currently 5.44%.

Group 1 Automotive Company Profile

Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.