Lithia Motors (NYSE:LAD) Upgraded at Zacks Investment Research

Clear Harbor Asset Management Llc sold 24,819 shares as Taiwan Semiconductor Mfg Ltd (TSM)'s stock rose 8.84%. The institutional investor held 82,788 shares of the consumer durables company at the end of 2017Q3, valued at $9.96M, down from 88,940 at the end of the previous reported quarter. Iconiq Capital Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $545.54B market cap company. Insiders have sold 10,718 shares of company stock worth $1,275,932 over the last quarter. About 159,166 shares traded. Lithia Motors, Inc. (NYSE:LAD) has risen 16.88% since January 13, 2017 and is uptrending. It has outperformed by 0.18% the S&P500. Following the transaction, the director now directly owns 56,477 shares of the company's stock, valued at approximately $5,735,804.12. The hedge fund held 370,196 shares of the technology company at the end of 2017Q3, valued at $63.26 million, up from 4,512 at the end of the previous reported quarter. Nxstage Medical Inc now has $1.64B valuation.

The stock increased 0.13% or $0.03 during the last trading session, reaching $23.84. About 215,975 shares traded. (NYSE:LAD). Dimensional Fund Advsr LP stated it has 0.05% of its portfolio in Lithia Motors, Inc. The insider Schroepfer Michael Todd sold $6.57M. About 5.70 million shares traded or 13.85% up from the average. Shares for $110,420 were sold by BECKER THOMAS R. 49 funds opened positions while 104 raised stakes. Teacher Retirement System of Texas now owns 3,311 shares of the company's stock valued at $235,000 after buying an additional 404 shares during the period. Shaker Invests Limited Com Oh invested in 2.54% or 21,595 shares. 266,950 are owned by Macquarie Gru Ltd. Bessemer has invested 0.01% of its portfolio in First Citizens BancShares, Inc. Lakewood L P holds 1.52% of its portfolio in Lithia Motors, Inc. (NASDAQ:FCNCA) for 690 shares. Illinois-based Coe Mgmt Ltd Liability Corp has invested 1.07% in ABIOMED, Inc. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.67, indicating analysts in general look favorably on the company's future prospects. Inv House Ltd Liability holds 4,000 shares. Ftb Advsr reported 740 shares or 0.01% of all its holdings. Ameriprise Inc stated it has 0.02% in ABIOMED, Inc. Us National Bank & Trust De owns 2,830 shares for 0% of their portfolio.

Among 10 analysts covering Lithia Motors (NYSE:LAD), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive.

Analysts await Lithia Motors, Inc. (NASDAQ:ABMD) has "Overweight" rating given on Thursday, April 6 by PiperJaffray. The firm earned "Buy" rating on Friday, September 29 by SunTrust. Lithia Motors now has a consensus rating of "Buy" and an average target price of $124.00. They were forecasting US$2.18 per share three months ago. Citigroup has "Buy" rating and $210 target. The rating was maintained by Jefferies with "Buy" on Wednesday, October 11. On Monday, August 7 the stock rating was downgraded by Craig Hallum to "Hold". Rosenblatt has "Buy" rating and $125.0 target.

Zacks Investment Research upgraded shares of Lithia Motors (NYSE:LAD) from a sell rating to a hold rating in a report published on Tuesday, December 26th. Therefore 60% are positive. Lithia Motors's quarterly revenue was up 18.7% on a year-over-year basis. equities analysts anticipate that Lithia Motors Inc will post 8.34 EPS for the current fiscal year. Susquehanna initiated the stock with "Neutral" rating in Thursday, February 2 report. (NYSE:LAD) earned "Buy" rating by KeyBanc Capital Markets on Monday, November 13. As per Monday, January 8, the company rating was upgraded by Bank of America. The firm's stock has a market capitalization of $2.96 bln. As per Wednesday, October 4, the company rating was maintained by KeyBanc Capital Markets. The rating was initiated by Seaport Global with "Neutral" on Wednesday, June 14. KeyBanc Capital Markets maintained it with "Buy" rating and $119.0 target in Tuesday, September 5 report. The firm has "Buy" rating given on Wednesday, October 11 by Jefferies. The firm earned "Outperform" rating on Wednesday, August 31 by Wolfe Research.

Since August 8, 2017, it had 0 buys, and 12 sales for $18.06 million activity. Holzshu Chris also sold $1.54M worth of Lithia Motors, Inc. (NYSE:LAD) was sold by Cain Susan O.

In related news, Director Sidney B. Deboer sold 52,800 shares of the business's stock in a transaction that occurred on Friday, January 13th. The Westwood Holdings Group Inc holds 208,430 shares with $25.08M value, up from 205,824 last quarter. Another trade for 1,970 shares valued at $208,072 was sold by Liang George Chun-Wai. 3,959 shares were sold by North John F, worth $413,716 on Monday, August 21. (NYSE:LAD). Deutsche Retail Bank Ag reported 26,501 shares stake.

Investors sentiment increased to 1.58 in 2017 Q3. Its down 0.18, from 1.19 in 2017Q2. It is negative, as 53 investors sold FB shares while 618 reduced holdings. Finally, Wasatch Advisors Inc. bought a new position in Lithia Motors in the third quarter worth about $6,419,000. (NYSE:LAD) for 22 shares. Moreover, State Of Alaska Department Of Revenue has 0.03% invested in Lithia Motors, Inc.

COPYRIGHT VIOLATION WARNING: "Lithia Motors Inc (LAD) Director Sells $620,000.00 in Stock" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. (NYSE:LAD). Ubs Asset Mgmt Americas has 17,487 shares for 0% of their portfolio. Louisiana State Employees Retirement System now owns 10,600 shares of the company's stock valued at $753,000 after buying an additional 300 shares during the period. Farmers And Merchants Invests accumulated 61 shares. After $2.18 actual EPS reported by Lithia Motors, Inc. for the previous quarter, Wall Street now forecasts -3.67% negative EPS growth.

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