Genuine Parts Company (NYSE:GPC) Rating Changes as of Apr 17, 2018

April 17, 2018 - By Mark Mitchell

Genuine Parts Company (NYSE:GPC) Corporate Logo
Big Money Sentiment decreased to 0.94 in 2017 Q4. It has change of 0.02, from 2017Q3’s 0.96. The ratio is negative due to Genuine Parts Company positioning: 39 sold and 202 reduced. 56 funds bought stakes and 171 increased stakes. Investors holded 108.15 million in 2017Q3 but now own 106.29 million shares or 1.72% less.
Bb&T Securities Limited Liability Company holds 0.11% or 89,043 shs. Counselors Inc owns 28,306 shs or 0.12% of their US capital. Profund Advsr Limited Liability Corp owns 3,597 shs. Maine-based Schroder Inv Mngmt Gru has invested 0.01% in Genuine Parts Company (NYSE:GPC). Park National Corp Oh has invested 1.74% in Genuine Parts Company (NYSE:GPC). Employees Retirement System Of Texas owns 0.01% invested in Genuine Parts Company (NYSE:GPC) for 8,000 shs. Haverford Tru Company holds 0.62% or 331,605 shs in its capital. Moors & Cabot Inc stated it has 0.03% of its capital in Genuine Parts Company (NYSE:GPC). 4,020 are held by Vident Advisory Ltd Liability. Valley National Advisers invested in 0.01% or 437 shs. Columbia L L C Inv holds 6,662 shs. Wesbanco Financial Bank reported 4,263 shs. 9,000 are owned by Macquarie Ltd. Eads & Heald Invest Counsel reported 0.53% stake. First Midwest Bank Tru Division holds 0.1% or 8,184 shs.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Total analysts of 4 have positions in Genuine Parts Company (NYSE:GPC) as follows: 0 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 0. Since October 20, 2017 according to StockzIntelligence Inc Genuine Parts Company has 7 analyst reports. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, November 10. The company rating was upgraded by Bank of America on Friday, April 13. On Friday, October 20 RBC Capital Markets maintained the shares of GPC in report with “Hold” rating. On Wednesday, February 21 Bank of America maintained Genuine Parts Company (NYSE:GPC) rating. Bank of America has “Underperform” rating and $80 target. In Monday, February 12 report RBC Capital Markets maintained the stock with “Hold” rating. On Wednesday, February 21 JP Morgan maintained the shares of GPC in report with “Neutral” rating. Listed here are Genuine Parts Company (NYSE:GPC) PTs and latest ratings.

13/04/2018 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Old Target: $80 Upgrade
21/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $90 New Target: $80 Maintain
21/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $114 New Target: $107 Maintain
12/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $107.0 Maintain
04/12/2017 Broker: Moffett Nathanson Rating: Sell Initiates Coverage On
10/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $93.0 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $95.0 Maintain

On during the last trading session the stock increased $1.14 or 1.27%, reaching $90.66.Currently Genuine Parts Company is downtrending after 4.48% change in last April 17, 2017. GPC has 736,890 shares volume. GPC underperformed the S&P500 by 16.03%.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico.The firm is worth $13.30 billion. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores.The P/E ratio is 21.69. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers.

Genuine Parts Company (NYSE:GPC) Institutional Investors Chart

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