Sonic Automotive, Inc. (NYSE:SAH) enjoyed a 14.01% run-up in share price since hitting record low of $12.78. The stock managed 5.2% rise and now stands at $14.57 as of 3/18/2019. At a recent session, the prices were hovering between $13.79 and $14.66. This company shares are 7.55% off its target price of $15.67 and the current market capitalization stands at $626.66M. The recent change has given its price a -3.83% deficit over SMA 50 and -38.26% deficit over its 52-week high. The stock witnessed -8.08% declines, 4.07% gains and -31.27% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SAH’s volatility during a week at 3.18% and during a month it has been found around 4.08%.

Sonic Automotive, Inc. (SAH) Top Holders

Institutional investors currently hold around $360 million or 85.9% in SAH stock. Look at its top three institutional owners: Blackrock Inc. owns $59.02 million in Sonic Automotive, Inc., which represents roughly 9.42% of the company’s market cap and approximately 16.4% of the institutional ownership. Similar statistics are true for the second largest owner, Hotchkis & Wiley Capital Management Llc, which owns 2,910,934 shares of the stock are valued at $40.32 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $36.47 million worth of this stock and that ownership represents nearly 5.82% of its market capitalization.

Sonic Automotive, Inc. 13F Filings

At the end of December reporting period, 62 institutional holders increased their position in Sonic Automotive, Inc. (NYSE:SAH) by some 1,218,702 shares, 48 decreased positions by 2,480,742 and 34 held positions by 22,289,855. That puts total institutional holdings at 25,989,299 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 377,884 shares while 10 institutional investors sold out their entire positions totaling 239,553 shares.

Sonic Automotive, Inc. (SAH) Analyst Guide

Several analysts have released their opinion on Sonic Automotive, Inc. (NYSE:SAH), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 2 sell and 1 strong sell ratings, collectively assigning a 3.67 average brokerage recommendation [T1].