Penske Automotive Group, Inc. (PAG) Reaches $44.33 Formed H&S; Glg Lowered Bunge Limited (BG) Holding

Bunge Limited (NYSE:BG) Logo

Penske Automotive Group, Inc. (PAG) formed H&S with $40.78 target or 8.00% below today’s $44.33 share price. Penske Automotive Group, Inc. (PAG) has $3.82B valuation. The stock increased 2.97% or $1.28 during the last trading session, reaching $44.33. About 521,384 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has declined 7.69% since April 2, 2017 and is downtrending. It has underperformed by 19.24% the S&P500.

Glg Llc decreased Bunge Limited (BG) stake by 76.25% reported in 2017Q4 SEC filing. Glg Llc sold 25,000 shares as Bunge Limited (BG)’s stock rose 8.80%. The Glg Llc holds 7,787 shares with $522,000 value, down from 32,787 last quarter. Bunge Limited now has $10.40B valuation. The stock increased 1.20% or $0.88 during the last trading session, reaching $73.94. About 940,878 shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since April 2, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Analysts await Bunge Limited (NYSE:BG) to report earnings on May, 2. They expect $0.34 earnings per share, down 2.86% or $0.01 from last year’s $0.35 per share. BG’s profit will be $47.84 million for 54.37 P/E if the $0.34 EPS becomes a reality. After $0.67 actual earnings per share reported by Bunge Limited for the previous quarter, Wall Street now forecasts -49.25% negative EPS growth.

Glg Llc increased Conocophillips (NYSE:COP) stake by 200,000 shares to 262,335 valued at $14.40 million in 2017Q4. It also upped Bank Amer Corp (NYSE:BAC) stake by 583,591 shares and now owns 858,091 shares. Microsoft Corp (NASDAQ:MSFT) was raised too.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.17, from 1.06 in 2017Q3. It dived, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Cornerstone Advsrs owns 29 shares. Ameriprise Financial Inc reported 0.01% of its portfolio in Bunge Limited (NYSE:BG). 253,512 are owned by California State Teachers Retirement System. Tiaa Cref Investment Mngmt Limited Liability Company owns 1.14 million shares or 0.05% of their US portfolio. Walleye Trading Lc invested in 0.02% or 63,687 shares. Price T Rowe Assocs Incorporated Md owns 12.07M shares. Bnp Paribas Arbitrage reported 50,494 shares. Verition Fund Limited Liability Com invested in 0.05% or 8,045 shares. Jane Street Grp Inc Lc invested 0.01% of its portfolio in Bunge Limited (NYSE:BG). New Jersey-based Lord Abbett And Ltd has invested 0.07% in Bunge Limited (NYSE:BG). 2,298 were accumulated by Ls Invest Limited Co. Nikko Asset Mgmt Americas Inc has 115,880 shares for 0.2% of their portfolio. Guggenheim Cap Limited Liability Corporation holds 261,599 shares or 0.04% of its portfolio. Catalyst Capital Ltd Liability Com reported 23,100 shares or 0.06% of all its holdings. Cubist Systematic Strategies Lc invested 0.04% in Bunge Limited (NYSE:BG).

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 35 analyst reports since July 31, 2015 according to SRatingsIntel. On Friday, April 29 the stock rating was maintained by Citigroup with “Buy”. JP Morgan upgraded Bunge Limited (NYSE:BG) on Friday, February 12 to “Overweight” rating. The stock of Bunge Limited (NYSE:BG) has “Buy” rating given on Wednesday, February 14 by Credit Suisse. J.P. Morgan upgraded Bunge Limited (NYSE:BG) on Wednesday, March 7 to “Buy” rating. The rating was upgraded by BMO Capital Markets to “Outperform” on Tuesday, September 29. The stock of Bunge Limited (NYSE:BG) earned “Hold” rating by Robert W. Baird on Friday, October 13. The stock of Bunge Limited (NYSE:BG) earned “Buy” rating by Citigroup on Wednesday, July 12. Credit Suisse maintained the stock with “Buy” rating in Friday, May 5 report. The stock of Bunge Limited (NYSE:BG) earned “Hold” rating by TheStreet on Monday, August 3. The stock of Bunge Limited (NYSE:BG) earned “Buy” rating by Piper Jaffray on Wednesday, February 14.

Among 9 analysts covering Penske Automotive Group (NYSE:PAG), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Penske Automotive Group has $68 highest and $48 lowest target. $56.33’s average target is 27.07% above currents $44.33 stock price. Penske Automotive Group had 14 analyst reports since October 14, 2015 according to SRatingsIntel. On Thursday, September 28 the stock rating was initiated by Northcoast with “Buy”. Gabelli upgraded Penske Automotive Group, Inc. (NYSE:PAG) on Friday, April 28 to “Buy” rating. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Overweight” rating given on Wednesday, March 14 by Morgan Stanley. The firm has “Sell” rating by Evercore given on Thursday, October 13. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, August 31. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 3. On Tuesday, June 28 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Perform”. The company was maintained on Friday, February 9 by Bank of America. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Positive” rating given on Thursday, February 2 by Susquehanna. The firm earned “Neutral” rating on Tuesday, August 9 by Seaport Global.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.20, from 1.28 in 2017Q3. It fall, as 27 investors sold Penske Automotive Group, Inc. shares while 65 reduced holdings. 32 funds opened positions while 67 raised stakes. 34.38 million shares or 0.09% more from 34.35 million shares in 2017Q3 were reported. Oppenheimer & Comm owns 0.01% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 5,252 shares. Invesco Limited stated it has 0% in Penske Automotive Group, Inc. (NYSE:PAG). Stevens Capital Mgmt Ltd Partnership has 18,300 shares for 0.03% of their portfolio. Great West Life Assurance Company Can reported 6,208 shares stake. Us Comml Bank De holds 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 1,228 shares. Cambiar Invsts Ltd accumulated 393,438 shares or 0.29% of the stock. Denali Advsr Ltd Limited Liability Company owns 11,800 shares. 5,797 were accumulated by Principal Fincl Gru. Private Management Group Inc Inc, California-based fund reported 536,625 shares. Gilder Gagnon Howe Ltd Liability Com holds 0.05% or 76,800 shares. Zebra Management Limited Liability Com owns 29,697 shares or 0.48% of their US portfolio. Raymond James Fincl Svcs Advsr owns 0.01% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 29,090 shares. Pacific Global Investment Mngmt has invested 0.66% in Penske Automotive Group, Inc. (NYSE:PAG). Voya Invest Mgmt Llc owns 9,619 shares. Paragon Ltd has invested 0.11% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG).

Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on April, 25. They expect $1.15 EPS, up 18.56% or $0.18 from last year’s $0.97 per share. PAG’s profit will be $99.02 million for 9.64 P/E if the $1.15 EPS becomes a reality. After $1.01 actual EPS reported by Penske Automotive Group, Inc. for the previous quarter, Wall Street now forecasts 13.86% EPS growth.

Since October 20, 2017, it had 2 buys, and 2 sales for $17 activity. $50.00M worth of Penske Automotive Group, Inc. (NYSE:PAG) was sold by MITSUI & CO LTD. PENSKE ROGER S had bought 1.10 million shares worth $50.00M on Friday, October 20. 1.10M shares valued at $50.00M were bought by PENSKE CORP on Friday, October 20.

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Positions Chart