November 25, 2016 - By Dolores Ford
Paragon Group Of Companies (LON:PAG) had its stock rating noted as Buy by analysts at Jefferies. Jefferies currently has a GBX 490.00 target price on the 1.03 billion GBP market cap company or 34.21% upside potential. This was shown in a research report on Friday morning.
Out of 12 analysts covering Paragon Group of Companies The PLC (LON:PAG), 7 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 58% are positive. GBX 536 is the highest target while GBX 230 is the lowest. The GBX 391.64 average target is 7.12% above today’s (GBX 365.6) stock price. Paragon Group of Companies The PLC has been the topic of 77 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Numis Securities maintained Paragon Group of Companies PLC (LON:PAG) on Wednesday, November 23 with “Hold” rating. The stock of Paragon Group of Companies PLC (LON:PAG) earned “Hold” rating by Numis Securities on Monday, August 1. Peel Hunt maintained it with “Buy” rating and GBX 460 target price in Wednesday, November 23 report. The stock has “Buy” rating given by Peel Hunt on Wednesday, September 14. UBS maintained the shares of PAG in a report on Thursday, November 19 with “Buy” rating. Barclays Capital maintained it with “Equal Weight” rating and GBX 365 target price in Thursday, May 26 report. On Tuesday, January 12 the stock rating was maintained by Jefferies with “Buy”. On Friday, October 21 the stock rating was maintained by Peel Hunt with “Buy”. The company was maintained on Wednesday, July 29 by Shore Capital. The stock has “Overweight” rating given by JP Morgan on Thursday, January 28.
About 751,355 shares traded hands or 5.35% up from the average. Paragon Group of Companies PLC (LON:PAG) has risen 13.27% since April 28, 2016 and is uptrending. It has outperformed by 7.86% the S&P500.
Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on February, 9. They expect $0.87 EPS, up 7.41% or $0.06 from last year’s $0.81 per share. PAG’s profit will be $74.80M for 14.20 P/E if the $0.87 EPS becomes a reality. After $1.03 actual EPS reported by Penske Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -15.53% negative EPS growth.
Insitutional Activity: The institutional sentiment decreased to 0.96 in Q2 2016. Its down 0.19, from 1.15 in 2016Q1. The ratio dropped, as 26 funds sold all Paragon Group of Companies PLC shares owned while 63 reduced positions. 34 funds bought stakes while 68 increased positions. They now own 33.69 million shares or 0.84% less from 33.98 million shares in 2016Q1.
Gilder Gagnon Howe & Ltd Company has 59,507 shares for 0.04% of their US portfolio. Moreover, Fenimore Asset Mgmt has 0.24% invested in Paragon Group of Companies PLC (LON:PAG) for 156,275 shares. Manufacturers Life Ins The accumulated 2,534 shares or 0% of the stock. Us National Bank & Trust De has invested 0% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Markel Corporation last reported 31,000 shares in the company. Dimensional Fund L P has invested 0.06% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Morgan Stanley owns 276,788 shares or 0% of their US portfolio. State Of Wisconsin Investment Board last reported 0% of its portfolio in the stock. Victory Mngmt has 1.25 million shares for 0.16% of their US portfolio. Dynamic Mgmt Ltd has invested 0.2% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Lowe Brockenbrough And Com last reported 22,505 shares in the company. Ny State Common Retirement Fund has 0.01% invested in the company for 148,474 shares. Pub Employees Retirement Association Of Colorado last reported 11,053 shares in the company. Blackrock Gru Limited last reported 0% of its portfolio in the stock. Qs Llc has 97,528 shares for 0.03% of their US portfolio.
Insider Transactions: Since July 29, 2016, the stock had 18 buys, and 1 sale for $226.27 million net activity. $2.07M worth of shares were bought by PENSKE CORP on Thursday, August 11. Spradlin Shane M. also sold $236,719 worth of Paragon Group of Companies PLC (LON:PAG) shares. The insider PENSKE ROGER S bought $12.77 million.
The Paragon Group of Companies PLC is engaged in specialist financial services business. The company has a market cap of 1.03 billion GBP. The Firm operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios. It has a 9.19 P/E ratio. The Company’s operating divisions include Paragon Mortgages, Idem Capital and Paragon Bank.
According to Zacks Investment Research, “United Auto Group, Inc. is a leading acquirer, consolidator and operator of franchised automobile and light truck dealerships and related businesses. As an integral part of its dealership operations, they also sells used vehicles. All of the franchised dealerships include integrated service and parts operations, which are an important source of recurring revenues. In addition, these dealerships market a complete line of aftermarket automotive products and services through its wholly owned subsidiaries United Auto Care, Inc. and United Auto Care Products, Inc.”
Penske Automotive Group, Inc., incorporated on December 6, 1990, is a transportation services firm that operates automotive and commercial vehicle dealerships in the United States and Western Europe. The Firm distributes commercial vehicles, diesel engines, gas engines, power systems and related parts, and services in Australia and New Zealand. The Firm operates in three divisions: Retail Automotive, which includes the Company’s retail automotive dealership operations; Retail Commercial Truck, which includes its United States retail commercial truck dealership operations, and Other, which include the Company’s retail commercial vehicle dealership operations, commercial vehicle distribution activities and its investments in non-automotive operations.
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By Dolores Ford