Lithia Mtrs INC (LAD) Shareholder Abrams Capital Management LP Increased Its Stake by $22.80 Million

Lithia Motors, Inc. (NYSE:LAD) Corporate LogoDuring 2018 Q4 the big money sentiment increased to 1.02. That’s change of 0.28, from 2018Q3’s 0.74. 31 investors sold all, 62 reduced holdings as LAD ratio increased. 61 grew stakes while 34 funds took stakes. Funds hold 23.86 million shares thus 1.02% less from 2018Q3’s 24.10 million shares. 4,055 are owned by Haverford. Secor Advsr Lp accumulated 25,466 shs. Cetera Ltd Company stated it has 0.02% in Lithia Motors, Inc. (NYSE:LAD). Invesco reported 68,276 shs stake. Hsbc Public Ltd Com owns 5,910 shs or 0% of their US capital. Hudson Bay Mngmt Lp accumulated 0.06% or 55,054 shs. Huntington National Bank & Trust accumulated 56 shs. Legal & General Grp Incorporated Plc owns 60,424 shs for 0% of their capital. Df Dent & Communication reported 0.02% in Lithia Motors, Inc. (NYSE:LAD). Us Financial Bank De reported 0% in Lithia Motors, Inc. (NYSE:LAD). Park West Asset Management Ltd Company invested in 1.48 million shs or 5.57% of the stock. The Indiana-based Old National Bancorporation In has invested 0.01% in Lithia Motors, Inc. (NYSE:LAD). 58,422 are owned by Sei Investments. Pacific Investment Mgmt has invested 0.06% in Lithia Motors, Inc. (NYSE:LAD). Commonwealth Retail Bank Of accumulated 0% or 4,300 shs.

In Lithia Mtrs Inc (LAD) was rose the holdings held by Abrams Capital Management Lp. The reduction is 15% according to 2018Q4 Securities and Exchange filling. The company’s stock rose 2.37% with the market as Abrams Capital Management Lp bought 300,000 shares. At the end of 2018Q4, the 2.30 million shares of the consumer durables company held by the hedge fund were priced at $175.56 million, up from 2.00 million at the end of the previous reported quarter. $2.24B is Lithia Mtrs Inc’s MC. Ticker’s shares touched $96.54 during the last trading session after 1.52% change.Currently Lithia Motors, Inc. is downtrending after 16.07% change in last April 14, 2018. LAD has 235,078 shares volume. LAD underperformed by 20.44% the S&P 500.

For a total of 10.43M shares it reduced its holding in Western Un Co (NYSE:WU) by 10.73M shares in the quarter, and has cut its stake in O Reilly Automotive Inc New (NASDAQ:ORLY).

For more Lithia Motors, Inc. (NYSE:LAD) news brought out briefly go to: Businesswire.com, Seekingalpha.com, Seekingalpha.com, Benzinga.com or Gurufocus.com. The titles are as follows: “Lithia Names Chief Accounting Officer and Interim Principal Financial Officer – Business Wire” brought out on March 01, 2019, “Lithia Motors: 5 Years Of 20% Growth Is Expected To Slow – Seeking Alpha” on February 25, 2019, “Is Lithia Worth An Investment? – Seeking Alpha” with a publish date: September 18, 2018, “Earnings Scheduled For October 24, 2018 – Benzinga” and the last “6 Cheap Stocks With Low Price-Earnings Ratios – GuruFocus.com” with publication date: April 05, 2019.

Lithia Motors, Inc. (NYSE:LAD) Ratings Coverage

In total 6 analysts cover Lithia Motors (NYSE:LAD). “Buy” rating has 6, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 9 are the (NYSE:LAD)’s analyst reports since October 24, 2018 according to StockzIntelligence Inc. The stock rating was upgraded by Bank of America to “Buy” on Wednesday, October 24. The stock rating was maintained by Jefferies with “Buy” on Wednesday, February 13. On Wednesday, November 14 Morgan Stanley maintained the shares of LAD in report with “Overweight” rating. The stock rating was maintained by Buckingham Research with “Buy” on Thursday, October 25. On Thursday, February 14 the stock of Lithia Motors, Inc. (NYSE:LAD) has “Buy” rating given by Guggenheim.

Lithia Motors, Inc. (NYSE:LAD) Institutional Investors Chart

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