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Sonic Automotive, Inc. (SAH) Upgraded to Hold at Zacks Investment Research

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Sonic Automotive, Inc. (SAH) Upgraded to Hold at Zacks Investment Research

Sonic Automotive, Inc. (SAH) Upgraded to Hold at Zacks Investment Research

– Sonic Automotive, Inc. (NYSE:SAH) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.According to Zacks, “Sonic Automotive has outperformed the Zacks-categorized Retail/Wholesale Auto/Truck industry so far this year based on capital deployment strategies, store expansion and different initiatives undertaken to boost the company’s performance.Earnings per share of the company are expected to rise in 2016.

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Sonic Automotive, Inc. (SAH) Upgraded to “Hold” at Zacks Investment Research

Sonic Automotive, Inc. (SAH) Upgraded to “Hold” at Zacks Investment Research

– Zacks Investment Research upgraded shares of Sonic Automotive, Inc. (NYSE:SAH) from a sell rating to a hold rating in a report issued on Saturday.According to Zacks, “Sonic Automotive has outperformed the Zacks-categorized Retail/Wholesale Auto/Truck industry so far this year based on capital deployment strategies, store expansion and different initiatives undertaken to boost the company’s performance.Earnings per share of the company are expected to rise in 2016.

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Gateway Investment Advisers LLC Has $1,854,000 Position in O’Reilly Automotive, Inc. (ORLY)

Gateway Investment Advisers LLC Has $1,854,000 Position in O’Reilly Automotive, Inc. (ORLY)

– Gateway Investment Advisers LLC reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.The fund owned 6,620 shares of the company’s stock after selling 64 shares during the period.Gateway Investment Advisers LLC’s holdings in O’Reilly Automotive were worth $1,854,000 as of its most recent SEC filing.

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