Lithia Motors, Inc. (NYSE:LAD) is expected to pay $0.25 on Nov 25, 2016. The indicated annual dividend is $1.00. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Lithia Motors, Inc.’s current price of $79.14, the dividend is 0.32%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 21, 2016. The stock increased 0.13% or $0.1 on November 4, hitting $79.14. Lithia Motors Inc (NYSE:LAD) has declined 4.11% since April 5, 2016 and is downtrending. It has underperformed by 6.06% the S&P500.
Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The company has a market cap of $1.93 billion. The Firm operates in three divisions: Domestic, Import and Luxury. It has a 10.54 P/E ratio. The Company’s Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford.
Insitutional Activity: The institutional sentiment decreased to 0.97 in Q2 2016. Its down 0.11, from 1.08 in 2016Q1. The ratio fall, as 49 funds sold all Lithia Motors Inc shares owned while 69 reduced positions. 32 funds bought stakes while 83 increased positions. They now own 23.01 million shares or 2.21% less from 23.54 million shares in 2016Q1.
The New York-based Clearbridge Invests Lc has invested 0% in Lithia Motors Inc (NYSE:LAD). Capstone Inv Advsr Limited Liability Co has invested 0.01% of its portfolio in Lithia Motors Inc (NYSE:LAD). Kennedy Incorporated reported 345,799 shares or 0.5% of all its holdings. Chilton Com has invested 0.18% of its portfolio in Lithia Motors Inc (NYSE:LAD). Fred Alger Incorporated, a New York-based fund reported 60,516 shares. Alps, a Colorado-based fund reported 4,392 shares. Aperio Group Inc Llc has 0% invested in the company for 6,968 shares. Argentus Limited Co reported 1,639 shares or 0.05% of all its holdings. Blackrock Ltd Company last reported 14,328 shares in the company. Dimensional Fund Advsrs Limited Partnership reported 732,434 shares or 0.03% of all its holdings. Price T Rowe Associates Md has invested 0% of its portfolio in Lithia Motors Inc (NYSE:LAD). Raymond James And Assoc accumulated 21,247 shares or 0% of the stock. Ray Gerald L Associates Ltd has 0.06% invested in the company for 5,225 shares. California Public Employees Retirement last reported 0% of its portfolio in the stock. Hl Ser Limited reported 3,140 shares or 0.01% of all its holdings.
Insider Transactions: Since September 22, 2016, the stock had 0 insider purchases, and 3 selling transactions for $5.02 million net activity. DEBOER SIDNEY B also sold $1.67 million worth of Lithia Motors Inc (NYSE:LAD) shares.
Lithia Motors Inc (NYSE:LAD) Ratings Coverage
Out of 6 analysts covering Lithia Motors (NYSE:LAD), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. Lithia Motors has been the topic of 6 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Wolfe Research initiated Lithia Motors Inc (NYSE:LAD) on Wednesday, August 31 with “Outperform” rating. The firm has “Buy” rating given on Monday, April 11 by Jefferies.
More recent Lithia Motors Inc (NYSE:LAD) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Lithia Motors, TJX Companies and Hilton Worldwide Holdings” on November 04, 2016. Also Nasdaq.com published the news titled: “Lithia Motors Becomes Oversold” on November 02, 2016. Fool.com‘s news article titled: “Was Lithia Motors Inc.’s First-Quarter Really That Bad?” with publication date: April 26, 2016 was also an interesting one.
LAD Company Profile
Lithia Motors, Inc. incorporated on December 23, 1968, is an operator of automotive franchises and a retailer of new and used vehicles and services. The Firm operates in three divisions namely Domestic, Import and Luxury. The Company’s Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors and Ford. The Company’s Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. The Company’s Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by BMW, Mercedes-Benz and Lexus. The Company’s segment franchises sell used vehicles, parts and automotive services, and automotive finance and insurance products. The Firm sells new and used cars and replacement parts; provides vehicle maintenance, warranty, paint and repair services; arranges related financing, and sell service contracts, vehicle protection products and credit insurance. The Firm offers approximately 30 brands of vehicles and all brands of used vehicles in approximately 130 stores in the United States and online at Lithia.com and DCHauto.com. The Company’s dealerships are located in the United States. The Company’s activities involve the use, handling, storage and contracting for recycling and/or disposal of materials, such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.
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