baseballnewssource : Sonic Automotive Inc. (SAH) Lowered to Sell at Zacks Investment Research

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Sonic Automotive Inc. (SAH) Lowered to Sell at Zacks Investment Research

Sonic Automotive Inc. (SAH) Lowered to Sell at Zacks Investment Research

Sonic Automotive Inc. (NYSE:SAH) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a note issued to investors on Thursday.According to Zacks, "Sonic Automotive's earnings estimates have been going down lately.The company has a mixed record of earnings surprises in recent quarters.

Asbury Automotive Group Inc. (ABG) Shares Sold by Public Employees Retirement Association of Colorado

Asbury Automotive Group Inc. (ABG) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado decreased its stake in Asbury Automotive Group Inc. (NYSE:ABG) by 0.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.The firm owned 240,601 shares of the company's stock after selling 1,399 shares during the period.Public Employees Retirement Association of Colorado owned about 1.09% of Asbury Automotive Group worth $12,689,000 as of its most recent filing with the SEC.

Group 1 Automotive Inc. (GPI) Downgraded to "Sell" at Zacks Investment Research

Group 1 Automotive Inc. (GPI) Downgraded to

Group 1 Automotive Inc. (NYSE:GPI) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research report issued on Thursday.According to Zacks, "Group 1 Automotive's dependence on certain auto manufacturers and intensifying competition in the automotive market remain concerns.The company's cash is locked up in inventories to a large extend, which can affect short-term liquidity.

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