Sonic Automotive, Inc. (SAH) Reaches $18.20 After 3.00% Down Move; Fj Capital Management Has Boosted Fs Bancorp (FSBW) Holding By $316,200

March 20, 2018 - By Maria Brooks

Fj Capital Management Llc increased Fs Bancorp Inc (FSBW) stake by 11.11% reported in 2017Q3 SEC filing. Fj Capital Management Llc acquired 6,200 shares as Fs Bancorp Inc (FSBW)’s stock rose 13.30%. The Fj Capital Management Llc holds 62,000 shares with $3.21 million value, up from 55,800 last quarter. Fs Bancorp Inc now has $203.26M valuation. The stock increased 0.66% or $0.36 during the last trading session, reaching $55. About 764 shares traded. FS Bancorp, Inc. (NASDAQ:FSBW) has risen 72.33% since March 20, 2017 and is uptrending. It has outperformed by 55.63% the S&P500.

The stock of Sonic Automotive, Inc. (NYSE:SAH) is a huge mover today! The stock decreased 8.31% or $1.65 during the last trading session, reaching $18.2. About 216,884 shares traded. Sonic Automotive, Inc. (NYSE:SAH) has risen 13.17% since March 20, 2017 and is uptrending. It has underperformed by 3.53% the S&P500.The move comes after 8 months negative chart setup for the $771.93 million company. It was reported on Mar, 20 by We have $17.65 PT which if reached, will make NYSE:SAH worth $23.16M less.

Among 9 analysts covering Sonic Automotive (NYSE:SAH), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Sonic Automotive had 19 analyst reports since July 22, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, November 13 report. Bank of America upgraded the shares of SAH in report on Monday, January 8 to “Hold” rating. The rating was downgraded by Zacks to “Hold” on Thursday, August 27. The rating was maintained by Jefferies with “Hold” on Friday, June 16. The rating was maintained by Jefferies on Wednesday, October 11 with “Hold”. The company was maintained on Wednesday, July 19 by Jefferies. The stock of Sonic Automotive, Inc. (NYSE:SAH) earned “Neutral” rating by Bank of America on Thursday, February 23. The stock of Sonic Automotive, Inc. (NYSE:SAH) has “Neutral” rating given on Tuesday, January 10 by CL King. The stock has “Neutral” rating by Goldman Sachs on Monday, November 9. Morgan Stanley maintained the shares of SAH in report on Wednesday, March 14 with “Overweight” rating.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has market cap of $771.93 million. It operates in two divisions, Franchised Dealerships and EchoPark. It has a 8.69 P/E ratio. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, maker warranty repairs, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products.

Since October 27, 2017, it had 0 insider buys, and 1 sale for $224,727 activity. On Friday, October 27 Byrd Heath sold $224,727 worth of Sonic Automotive, Inc. (NYSE:SAH) or 11,000 shares.

Analysts await Sonic Automotive, Inc. (NYSE:SAH) to report earnings on April, 25. They expect $0.40 EPS, up 73.91% or $0.17 from last year’s $0.23 per share. SAH’s profit will be $16.97M for 11.38 P/E if the $0.40 EPS becomes a reality. After $0.84 actual EPS reported by Sonic Automotive, Inc. for the previous quarter, Wall Street now forecasts -52.38% negative EPS growth.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.01, from 0.88 in 2017Q2. It dived, as 18 investors sold Sonic Automotive, Inc. shares while 38 reduced holdings. 19 funds opened positions while 30 raised stakes. 26.71 million shares or 0.53% less from 26.85 million shares in 2017Q2 were reported. Leucadia Corporation has 19,333 shares. Ameriprise Financial Inc stated it has 0% in Sonic Automotive, Inc. (NYSE:SAH). Nationwide Fund Advsrs holds 73,488 shares or 0.01% of its portfolio. Guggenheim Cap Limited Liability owns 118,855 shares or 0.01% of their US portfolio. Blackrock Incorporated reported 3.23M shares. Pacad Inv stated it has 0% of its portfolio in Sonic Automotive, Inc. (NYSE:SAH). Texas-based Texas Permanent School Fund has invested 0% in Sonic Automotive, Inc. (NYSE:SAH). Goldman Sachs Group Incorporated Inc holds 130,360 shares or 0% of its portfolio. D E Shaw And Co reported 159,292 shares. Kbc Group Nv, a Belgium-based fund reported 64,341 shares. State Board Of Administration Of Florida Retirement System invested 0% in Sonic Automotive, Inc. (NYSE:SAH). California Pub Employees Retirement Systems invested in 142,102 shares. Globeflex L P reported 0.08% in Sonic Automotive, Inc. (NYSE:SAH). Bankshares Of America De invested in 0% or 90,681 shares. Teachers Retirement Sys Of The State Of Kentucky reported 0% stake.

Among 2 analysts covering FS Bancorp (NASDAQ:FSBW), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. FS Bancorp had 2 analyst reports since April 19, 2017 according to SRatingsIntel.

Since January 29, 2018, it had 0 insider purchases, and 2 selling transactions for $584,053 activity. Zavaglia Joseph P. sold $437,801 worth of FS Bancorp, Inc. (NASDAQ:FSBW) on Monday, January 29. $146,252 worth of FS Bancorp, Inc. (NASDAQ:FSBW) shares were sold by TUEFFERS MARK.

Fj Capital Management Llc decreased First Cmnty Corp S C (NASDAQ:FCCO) stake by 18,400 shares to 356,000 valued at $7.29 million in 2017Q3. It also reduced Old Second Bancorp Inc Ill (NASDAQ:OSBC) stake by 40,800 shares and now owns 670,000 shares. Investors Bancorp Inc New (NASDAQ:ISBC) was reduced too.

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