Citigroup Inc, Western Asset Managed Municipals Fund Inc. (MMU)’s insider Sold 1,000 Shares; Asbury Automotive Group (ABG) Sentiment Is 1.35

Asbury Automotive Group, Inc. (NYSE:ABG) Logo

Asbury Automotive Group Inc (ABG) investors sentiment increased to 1.35 in Q4 2017. It’s up 0.44, from 0.91 in 2017Q3. The ratio has improved, as 85 hedge funds opened new and increased holdings, while 63 sold and trimmed stakes in Asbury Automotive Group Inc. The hedge funds in our database now have: 21.54 million shares, up from 20.68 million shares in 2017Q3. Also, the number of hedge funds holding Asbury Automotive Group Inc in top ten holdings decreased from 1 to 0 for a decrease of 1. Sold All: 14 Reduced: 49 Increased: 53 New Position: 32.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.40, from 0.54 in 2017Q3. It is positive, as 8 investors sold Western Asset Managed Municipals Fund Inc. shares while 8 reduced holdings. 5 funds opened positions while 10 raised stakes. 4.49 million shares or 5.11% less from 4.73 million shares in 2017Q3 were reported. Essex Financial has invested 0.04% in Western Asset Managed Municipals Fund Inc. (NYSE:MMU). Trust Of Vermont owns 6,000 shares for 0.01% of their portfolio. Sei Invests Com owns 0% invested in Western Asset Managed Municipals Fund Inc. (NYSE:MMU) for 6,907 shares. Fifth Third National Bank & Trust accumulated 6,136 shares. Clearbridge Invests Limited Co holds 112 shares or 0% of its portfolio. Chevy Chase Tru has invested 0% in Western Asset Managed Municipals Fund Inc. (NYSE:MMU). Brown Brothers Harriman & holds 0% of its portfolio in Western Asset Managed Municipals Fund Inc. (NYSE:MMU) for 8,000 shares. Macroview Management Limited Liability Corporation invested 0.35% of its portfolio in Western Asset Managed Municipals Fund Inc. (NYSE:MMU). Cap Advsr Ltd holds 0.05% in Western Asset Managed Municipals Fund Inc. (NYSE:MMU) or 10,753 shares. Raymond James Services Advsr invested in 153,655 shares. Pnc Ser Group holds 9,542 shares. Moreover, Financial has 0.07% invested in Western Asset Managed Municipals Fund Inc. (NYSE:MMU). Hollencrest Cap Mgmt reported 38,300 shares stake. Hightower Advsrs Lc has 0.02% invested in Western Asset Managed Municipals Fund Inc. (NYSE:MMU) for 186,289 shares. Regions Corporation has 0% invested in Western Asset Managed Municipals Fund Inc. (NYSE:MMU) for 483 shares.

Two days ago, a huge insider trading transaction was made. Citigroup Inc, an insider of Western Asset Managed Municipals Fund Inc sold precisely 1,000 shares of Western Asset Managed Municipals Fund Inc, worth approximately $25,000,000 U.S Dollars, at $25000.0 per each share at the time of the transaction. This transaction, which was filled on 16/04/2018 was made public in a report with the U.S. SEC.

Since December 13, 2017, it had 0 insider buys, and 1 insider sale for $28,503 activity. HUTCHINSON WILLIAM R had sold 2,000 shares worth $28,503.

The stock decreased 0.27% or $0.035 during the last trading session, reaching $13.015. About 27,911 shares traded. Western Asset Managed Municipals Fund Inc. (NYSE:MMU) has declined 6.12% since April 16, 2017 and is downtrending. It has underperformed by 17.67% the S&P500.

Since January 1, 0001, it had 0 buys, and 6 selling transactions for $5.40 million activity.

The stock increased 2.18% or $1.45 during the last trading session, reaching $68.1. About 171,924 shares traded. Asbury Automotive Group, Inc. (ABG) has risen 5.55% since April 16, 2017 and is uptrending. It has underperformed by 6.00% the S&P500.

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on April, 26. They expect $1.77 EPS, up 12.03% or $0.19 from last year’s $1.58 per share. ABG’s profit will be $37.01 million for 9.62 P/E if the $1.77 EPS becomes a reality. After $1.81 actual EPS reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -2.21% negative EPS growth.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.42 billion. It offers a range of automotive services and products, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services. It has a 10.29 P/E ratio. The firm also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance.

Abrams Capital Management L.P. holds 2.34% of its portfolio in Asbury Automotive Group, Inc. for 1.09 million shares. Eminence Capital Lp owns 1.95 million shares or 1.9% of their US portfolio. Moreover, Polaris Capital Management Llc has 1.66% invested in the company for 895,600 shares. The New York-based Moon Capital Management Lp has invested 1.57% in the stock. Lakewood Capital Management Lp, a New York-based fund reported 391,329 shares.

Asbury Automotive Group, Inc. (NYSE:ABG) Institutional Positions Chart