Parametrica Management Ltd Has $372,000 Holdings in Group 1 Automotive, Inc. (GPI)

Parametrica Management Ltd boosted its holdings in shares of Group 1 Automotive, Inc. (NYSE:GPI) by 45.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,236 shares of the company’s stock after purchasing an additional 1,624 shares during the period. Parametrica Management Ltd’s holdings in Group 1 Automotive were worth $372,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Algert Global LLC bought a new position in Group 1 Automotive during the fourth quarter worth about $1,990,000. LSV Asset Management lifted its stake in Group 1 Automotive by 1.0% during the fourth quarter. LSV Asset Management now owns 646,844 shares of the company’s stock worth $45,906,000 after purchasing an additional 6,200 shares during the period. Chicago Equity Partners LLC lifted its stake in Group 1 Automotive by 202.2% during the fourth quarter. Chicago Equity Partners LLC now owns 25,200 shares of the company’s stock worth $1,788,000 after purchasing an additional 16,860 shares during the period. SG Capital Management LLC bought a new position in Group 1 Automotive during the fourth quarter worth about $4,320,000. Finally, SG Americas Securities LLC bought a new position in Group 1 Automotive during the fourth quarter worth about $119,000. Hedge funds and other institutional investors own 97.57% of the company’s stock.

Group 1 Automotive, Inc. (GPI) opened at $72.19 on Friday. Group 1 Automotive, Inc. has a one year low of $51.62 and a one year high of $84.47. The company has a quick ratio of 0.27, a current ratio of 1.05 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1,608.02, a P/E ratio of 10.46, a PEG ratio of 1.35 and a beta of 1.70.

A number of brokerages have commented on GPI. Zacks Investment Research upgraded shares of Group 1 Automotive from a “hold” rating to a “strong-buy” rating and set a $92.00 price target for the company in a research note on Wednesday. Wells Fargo & Co raised their price target on shares of Group 1 Automotive from $65.00 to $85.00 and gave the stock a “market perform” rating in a research note on Monday, October 30th. Finally, Buckingham Research upgraded shares of Group 1 Automotive from a “neutral” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $82.83.

In other news, VP Peter C. Delongchamps sold 884 shares of Group 1 Automotive stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $81.10, for a total value of $71,692.40. Following the completion of the transaction, the vice president now owns 40,812 shares in the company, valued at $3,309,853.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John C. Rickel sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $81.00, for a total transaction of $810,000.00. Following the completion of the sale, the chief financial officer now directly owns 123,470 shares of the company’s stock, valued at approximately $10,001,070. The disclosure for this sale can be found here. Insiders sold 168,282 shares of company stock valued at $13,046,150 in the last quarter. 6.08% of the stock is currently owned by corporate insiders.

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About Group 1 Automotive

Group 1 Automotive, Inc is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts.

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Institutional Ownership by Quarter for Group 1 Automotive (NYSE:GPI)

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