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Is Group 1 Automotive (GPI) a Great Long-Term Investment Choice?

ClearBridge Investments, an expenditure management agency, posted its “Small Cap Value Strategy” 1st quarter 2022 investor letter – a duplicate of which can be downloaded in this article. The ClearBridge Compact Cap Worth System outperformed its Russell 2000 Worth Index benchmark in the course of the very first quarter. On an complete foundation, the Tactic experienced losses across 7 of the 11 sectors in which it was invested through the quarter. The leading detractors were being the client discretionary, IT, and wellness treatment sectors, whilst the top contributor was the energy sector. Try to devote some time taking a glance at the fund’s major 5 holdings to be knowledgeable about their finest picks for 2022.

In its Q1 2022 trader letter, ClearBridge Investments Compact Cap Value System described Group 1 Automotive, Inc. (NYSE:GPI) and described its insights for the firm. Launched in 1997, Team 1 Automotive, Inc. (NYSE:GPI) is a Houston, Texas-based automobile dealership corporation with a $3.1 billion market place capitalization. Group 1 Automotive, Inc. (NYSE:GPI) shipped a -3.18% return considering that the commencing of the year, even though its 12-thirty day period returns are up by 10.96%. The inventory shut at $189.01 for every share on May well 04, 2022.

In this article is what ClearBridge Investments Tiny Cap Worth Technique has to say about Team 1 Automotive, Inc. (NYSE:GPI) in its Q1 2022 trader letter:

“We also initiated a new place in Group 1 Automotive (NYSE:GPI), in the shopper discretionary sector. Group 1 Automotive is one particular of the major auto dealership groups in the U.S. and the U.K. Via our examination, we believe that the recent inventory rate already bargains a considerable decrease in earnings and gains owing to issues about elevated employed car or truck rates and superior gross margins per device. On the other hand, we feel this does not reflect the fundamental energy of the firm’s diversified enterprise line and flexible value composition. Ultimately, we imagine the business will establish extra tough than the market place expects and be a lengthy-term price creator for the portfolio.”

Car Dealer, Car

Motor vehicle Dealer, Automobile

Image by Dieny Portinanni on Unsplash

Our calculations demonstrate that Team 1 Automotive, Inc. (NYSE:GPI) fell limited and didn’t make it on our list of the 30 Most Preferred Shares Among Hedge Funds. Group 1 Automotive, Inc. (NYSE:GPI) was in 19 hedge fund portfolios at the end of the fourth quarter of 2021, as opposed to 24 cash in the previous quarter. Team 1 Automotive, Inc. (NYSE:GPI) shipped a 10.43% return in the past 3 months.

In February 2022, we posted an article that includes Team 1 Automotive, Inc. (NYSE:GPI) in 10 Stocks to Spend in Now In accordance to Anthony Bozza’s Lakewood Money. You can find other investor letters from hedge cash and notable buyers on our hedge fund trader letters 2022 Q1 webpage.

Disclosure: None. This write-up is at first released at Insider Monkey.

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