Group 1 Automotive, Inc. (GPI) Forms $68.84 Double Top; Templeton Global Income Fund (GIM)’s Sentiment Is 1.03

Group 1 Automotive, Inc. (GPI) formed double top with $74.35 target or 8.00% above today’s $68.84 share price. Group 1 Automotive, Inc. (GPI) has $1.39 billion valuation. The stock decreased 4.60% or $3.32 during the last trading session, reaching $68.84. About 303,001 shares traded or 36.46% up from the average. Group 1 Automotive, Inc. (NYSE:GPI) has risen 10.14% since March 1, 2017 and is uptrending. It has underperformed by 6.56% the S&P500.

The stock increased 0.47% or $0.03 during the last trading session, reaching $6.37. About 307,264 shares traded. Templeton Global Income Fund (GIM) has risen 2.98% since March 1, 2017 and is uptrending. It has underperformed by 13.72% the S&P500.

Since September 21, 2017, it had 0 insider purchases, and 10 selling transactions for $16.32 million activity. 5,000 Group 1 Automotive, Inc. (NYSE:GPI) shares with value of $401,362 were sold by STRANGE J TERRY. Shares for $1.60 million were sold by Rickel John C on Friday, October 27. The insider Kenningham Daryl sold $527,143. Another trade for 40,000 shares valued at $3.14 million was sold by HESTERBERG EARL J. Burman Darryl M had sold 10,000 shares worth $797,441 on Friday, October 27.

Among 13 analysts covering Group 1 Automotive (NYSE:GPI), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Group 1 Automotive had 21 analyst reports since September 17, 2015 according to SRatingsIntel. Bank of America maintained the shares of GPI in report on Friday, February 9 with “Buy” rating. The rating was downgraded by Goldman Sachs to “Sell” on Tuesday, November 22. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Market Perform” rating given on Monday, October 30 by Wells Fargo. The rating was maintained by Stephens with “Hold” on Friday, February 9. Sidoti upgraded the stock to “Buy” rating in Thursday, September 17 report. The rating was downgraded by CL King to “Neutral” on Tuesday, January 10. On Thursday, August 31 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Neutral” rating given on Tuesday, August 9 by Seaport Global. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Neutral” rating by Buckingham Research on Monday, November 13. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Sector Weight” rating by KeyBanc Capital Markets on Friday, February 12.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on April, 27. They expect $1.93 EPS, up 26.14% or $0.40 from last year’s $1.53 per share. GPI’s profit will be $39.00M for 8.92 P/E if the $1.93 EPS becomes a reality. After $2.11 actual EPS reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts -8.53% negative EPS growth.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It improved, as 25 investors sold Group 1 Automotive, Inc. shares while 53 reduced holdings. 28 funds opened positions while 49 raised stakes. 20.26 million shares or 2.16% more from 19.83 million shares in 2017Q2 were reported. Victory Cap invested in 0% or 2,349 shares. Thrivent Fincl For Lutherans invested in 12,010 shares. Ny State Teachers Retirement System owns 0.01% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 52,183 shares. 7,389 are held by Aperio Gp Ltd Liability. Lakewood Cap Lp stated it has 0.15% in Group 1 Automotive, Inc. (NYSE:GPI). Dreman Value Mgmt L L C owns 477 shares. Clearbridge Invs Limited Liability Corp has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). Rr Prns Lp has 236,918 shares for 1.18% of their portfolio. Hotchkis & Wiley Capital Ltd Limited Liability Company owns 167,938 shares. The Illinois-based Guggenheim Limited Liability Corp has invested 0.01% in Group 1 Automotive, Inc. (NYSE:GPI). Nordea Invest Management invested in 0.01% or 73,800 shares. Ontario – Canada-based Royal State Bank Of Canada has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). 848 were reported by Alphaone Invest Lc. Towle And reported 339,749 shares. Amer Inc invested in 0% or 16,088 shares.

Windsor Capital Management Llc holds 2.03% of its portfolio in Templeton Global Income Fund for 597,761 shares. Rivernorth Capital Management Llc owns 3.60 million shares or 1.98% of their US portfolio. Moreover, Evanson Asset Management Llc has 1.53% invested in the company for 1.06 million shares. The Illinois-based Pekin Singer Strauss Asset Management Il has invested 1.36% in the stock. Jnba Financial Advisors, a Minnesota-based fund reported 820,799 shares.