Lithia Mtrs (LAD) Valuation Rose While Abrams Capital Management LP Has Upped Holding; Suvretta Capital Management Boosted Its Copart (CPRT) Position by $35.43 Million as Stock Rose

Copart, Inc. (NASDAQ:CPRT) Logo

Suvretta Capital Management Llc increased its stake in Copart Inc (CPRT) by 1660.35% based on its latest 2018Q4 regulatory filing with the SEC. Suvretta Capital Management Llc bought 753,800 shares as the company’s stock rose 12.25% with the market. The hedge fund held 799,200 shares of the consumer durables company at the end of 2018Q4, valued at $38.19M, up from 45,400 at the end of the previous reported quarter. Suvretta Capital Management Llc who had been investing in Copart Inc for a number of months, seems to be bullish on the $13.50B market cap company. The stock increased 0.41% or $0.24 during the last trading session, reaching $59.16. About 677,256 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 26.40% since March 12, 2018 and is uptrending. It has outperformed by 22.03% the S&P500. Some Historical CPRT News: 17/05/2018 – Copart Fulfills New Owner Promise to Clear Hazardous Tires; 17/05/2018 – CPRT CLEARS SCRAP TIRES AT EX-SAFE TIRE FACILITY IN SAN ANTONIO; 23/05/2018 – COPART INC CPRT.O – QTRLY TOTAL SERVICE REVENUES AND VEHICLE SALES $478.2 MLN VS $373.9 MLN; 23/05/2018 – COPART 3Q OPER INCOME $174.6M, EST. $162.3M; 17/05/2018 – COPART SAYS IT CAN NOW EXPAND OPERATIONS IN BEXAR COUNTY; 09/03/2018 Copart Acquires Nordic Salvage Auto Auction Company; 22/04/2018 – DJ Copart Inc, Inst Holders, 1Q 2018 (CPRT); 09/03/2018 – COPART – ACQUIRED AUTOVAHINKOKESKUS OY, A SALVAGE AUTO AUCTION COMPANY BASED IN FINLAND DOING BUSINESS AS AVK; 23/05/2018 – Copart 3Q Rev $478.2M; 04/04/2018 – Copart at Site Visit Hosted By Wedbush Today

Abrams Capital Management Lp increased its stake in Lithia Mtrs Inc (LAD) by 15% based on its latest 2018Q4 regulatory filing with the SEC. Abrams Capital Management Lp bought 300,000 shares as the company’s stock rose 2.37% with the market. The hedge fund held 2.30 million shares of the consumer durables company at the end of 2018Q4, valued at $175.56M, up from 2.00 million at the end of the previous reported quarter. Abrams Capital Management Lp who had been investing in Lithia Mtrs Inc for a number of months, seems to be bullish on the $2.04 billion market cap company. The stock increased 0.14% or $0.12 during the last trading session, reaching $88.29. About 136,068 shares traded. Lithia Motors, Inc. (NYSE:LAD) has declined 16.07% since March 12, 2018 and is downtrending. It has underperformed by 20.44% the S&P500. Some Historical LAD News: 25/04/2018 – Lithia Motors Backs 2018 Rev $12B-$12.5B; 25/04/2018 – Lithia Motors 1Q EPS $2.07; 25/04/2018 – Lithia Motors Sees New Locations Adding Net $1.4 Billion in Annualized Rev; 25/04/2018 – LITHIA MOTORS INC LAD.N SEES FY 2018 SHR $10.60; 25/04/2018 – LITHIA MOTORS INC LAD.N – QTRLY TOTAL SAME STORE SALES WERE FLAT; 25/04/2018 – LITHIA MOTORS INC LAD.N – UNDER EXISTING $250 MLN SHARE REPURCHASE AUTHORIZATION, ABOUT $154 MLN REMAINS AVAILABLE; 25/04/2018 – Lithia Motors Backs 2018 EPS $10.60; 06/03/2018 Haig Partners Advises Prestige Family Of Fine Cars On Sale To Lithia Motors, Inc; 25/04/2018 – LITHIA MOTORS 1Q REV. $2.7B, EST. $2.69B; 25/04/2018 – Lithia Motors 1Q Net $52.1M

Investors sentiment increased to 1.02 in Q4 2018. Its up 0.28, from 0.74 in 2018Q3. It increased, as 31 investors sold LAD shares while 62 reduced holdings. 34 funds opened positions while 61 raised stakes. 23.86 million shares or 1.02% less from 24.10 million shares in 2018Q3 were reported. Barclays Public Ltd accumulated 22,084 shares. Haverford Svcs Incorporated invested in 0.35% or 11,249 shares. State Teachers Retirement Sys holds 0.01% or 61,182 shares. Tyvor Capital Lc accumulated 40,646 shares. Moreover, Wasatch Advsrs has 0.13% invested in Lithia Motors, Inc. (NYSE:LAD) for 123,920 shares. Moreover, Gradient Investments Limited Liability has 0% invested in Lithia Motors, Inc. (NYSE:LAD) for 180 shares. Advsrs Asset Inc invested in 678 shares or 0% of the stock. 2,221 were reported by Employees Retirement System Of Ohio. Intll Gru reported 17,293 shares or 0.01% of all its holdings. Metropolitan Life owns 6,933 shares or 0.01% of their US portfolio. Millennium Mngmt Limited Co invested 0.02% of its portfolio in Lithia Motors, Inc. (NYSE:LAD). Fmr Ltd Liability Corp owns 3,318 shares for 0% of their portfolio. Paloma Mngmt Co holds 3,469 shares. Hgk Asset Mgmt has 0.17% invested in Lithia Motors, Inc. (NYSE:LAD). Hotchkis & Wiley Cap Limited Company stated it has 53,116 shares or 0.02% of all its holdings.

More notable recent Lithia Motors, Inc. (NYSE:LAD) news were published by: Globenewswire.com which released: “Targa Resources Partners LP Announces Monthly Distribution on Preferred Units – GlobeNewswire” on February 15, 2019, also Seekingalpha.com with their article: “Is Lithia Worth An Investment? – Seeking Alpha” published on September 18, 2018, Businesswire.com published: “Lithia Reports Record Full Year 2018 Revenues and Earnings Per Share – Business Wire” on February 13, 2019. More interesting news about Lithia Motors, Inc. (NYSE:LAD) were released by: Globenewswire.com and their article: “Targa Resources Partners LP Announces 2018 Schedules K-1 Available – GlobeNewswire” published on February 25, 2019 as well as Seekingalpha.com‘s news article titled: “Lithia Motors Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 12, 2019.

Suvretta Capital Management Llc, which manages about $998.31 million and $1.68 billion US Long portfolio, decreased its stake in Restaurant Brands Intl Inc by 1.23M shares to 2.84 million shares, valued at $148.46 million in 2018Q4, according to the filing. It also reduced its holding in Salesforce Com Inc (Put) (NYSE:CRM) by 1.68M shares in the quarter, leaving it with 1.02 million shares, and cut its stake in Constellation Brands Inc (Call) (NYSE:STZ).

Investors sentiment decreased to 0.8 in Q4 2018. Its down 0.35, from 1.15 in 2018Q3. It is negative, as 51 investors sold CPRT shares while 164 reduced holdings. 45 funds opened positions while 127 raised stakes. 183.59 million shares or 6.34% more from 172.64 million shares in 2018Q3 were reported. 7,887 were reported by Intrust Savings Bank Na. Telemus Ltd Liability invested in 0.81% or 208,468 shares. Vanguard has invested 0.05% in Copart, Inc. (NASDAQ:CPRT). Origin Asset Management Limited Liability Partnership invested 1.1% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Moreover, Boston Advisors Ltd has 0.26% invested in Copart, Inc. (NASDAQ:CPRT) for 95,274 shares. 111,520 are owned by Great West Life Assurance Can. Cibc World has invested 0.02% in Copart, Inc. (NASDAQ:CPRT). 7,468 were reported by Bluemountain Cap Mngmt Limited Liability Company. Csat Inv Advisory Lp has 518 shares. Sumitomo Mitsui Tru Holdg holds 0.04% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 855,864 shares. 10,078 were reported by Pinnacle Prns. Deutsche Bankshares Ag reported 0.02% stake. Chevy Chase invested in 169,430 shares. Oppenheimer Asset Inc has 72,942 shares. Teachers Retirement System Of The State Of Kentucky holds 21,600 shares.

Since January 15, 2019, it had 0 buys, and 1 insider sale for $3.96 million activity.

More notable recent Copart, Inc. (NASDAQ:CPRT) news were published by: Nasdaq.com which released: “Validea’s Top Five Technology Stocks Based On Warren Buffett – 3/3/2019 – Nasdaq” on March 03, 2019, also Bizjournals.com with their article: “Online car auction company opens 20-acre Triad location – Triad Business Journal” published on February 13, 2019, Seekingalpha.com published: “Copart Q2 2019 Earnings Preview – Seeking Alpha” on February 19, 2019. More interesting news about Copart, Inc. (NASDAQ:CPRT) were released by: Investorplace.com and their article: “9 U.S. Stocks That Are Coming to Life Again – Investorplace.com” published on February 14, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 20, 2019 – Benzinga” with publication date: February 20, 2019.

Lithia Motors, Inc. (NYSE:LAD) Institutional Positions Chart

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