Genuine Parts Co (NYSE:GPC) Big Money Sentiment Is 0.95

June 27, 2018 - By Ashley Edward

Genuine Parts Company (NYSE:GPC) Corporate Logo

Positions for Genuine Parts Co (NYSE:GPC)

In 2018 Q1 Genuine Parts Co (NYSE:GPC) big money sentiment increased to 0.95, according to Securities and Exchange Commission filings. That’s up 0.01, from 2017Q4’s 0.94. 226 investment professionals increased or started new stock positions, while 239 decreased and sold their stock positions in Genuine Parts Co so the sentiment has increased. Funds own 104.87 million shares, down from 106.29 million shares in 2017Q4. Funds holding Genuine Parts Co in top 10 changed to 5 from 5 for the same number . In total 33 funds closed positions, 206 reduced and 164 increased. Also 62 funds bought new Genuine Parts Co stakes.

Biggest Genuine Parts Co Investors

As of 2018 Q1 Cincinnati Indemnity Co has 5.68% invested in Genuine Parts Co. As of 2018 Q1, 823,000 shares of Genuine Parts Co are owned by Cincinnati Financial Corp. Also, Fidelity National Financial Inc. reported 195,950 shares in Genuine Parts Co equivalent to 2.6% of its US equity exposure. Cullen Capital Management Llc revealed 806,080 shares position in Genuine Parts Co. The Virginia-based fund Hendershot Investments Inc. looks positive on Genuine Parts Co, having 67,554 shares.

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 company has $13.62 billion market cap. 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 21.58. 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.

GPC is touching $92.785 during the last trading session, after increased 0.24%.Currently Genuine Parts Company is uptrending after 0.13% change in last June 27, 2017. GPC has 201,502 shares volume. GPC underperformed by 12.44% the S&P500.

On July, 19. Investors expect Genuine Parts Company (NYSE:GPC) to publish its quarterly earnings, Zacks reports. This year’s earnings per share analyst estimate is expected to be $1.56. That is 20.93 % up compareed to $1.29 earnings per share for last year. In case of $1.56 earnings per share GPC’s profit could be $228.91 million. After $1.27 EPS report last quarter, Wall Street now predicts 22.83 % EPS growth of Genuine Parts Company.

Boston Private Wealth Limited Liability Corporation accumulated 11,948 shs. Credit Suisse Ag reported 191,102 shs or 0.02% of all its holdings. Dean Assocs Lc, a Ohio-based fund reported 21,471 shs. Community Retail Bank Na has invested 0.01% in Genuine Parts Company (NYSE:GPC). Balyasny Asset Mgmt holds 0.01% of its capital in Genuine Parts Company (NYSE:GPC) for 15,871 shs. Mackay Shields Limited Liability holds 0.01% or 24,679 shs in its capital. Sigma Planning invested 0.02% in Genuine Parts Company (NYSE:GPC). Buckhead Capital Mngmt Limited Com reported 0.19% in Genuine Parts Company (NYSE:GPC). Axa, a France-based fund reported 69,500 shs. Palladium Prtn Ltd Liability Corporation has invested 0.13% in Genuine Parts Company (NYSE:GPC). Cincinnati Indemnity Co accumulated 15,000 shs or 5.68% of the stock. 10,000 were reported by Prudential Public Ltd Company. Moreover, Commerzbank Aktiengesellschaft Fi has 0.01% invested in Genuine Parts Company (NYSE:GPC) for 8,285 shs. Dekabank Deutsche Girozentrale reported 0.01% of its capital in Genuine Parts Company (NYSE:GPC). Caisse De Depot Et Placement Du Quebec holds 0.62% or 2.87M shs in its capital.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

In total 4 analysts cover Genuine Parts Company (NYSE:GPC). “Buy” rating has 0, “Sell” are 0, while 4 are “Hold”. 0 are bullish. With $107.0 highest and $80 lowest target Genuine Parts Company has $93.67 average target or 0.95% above the current ($92.785) price. 6 are the (NYSE:GPC)’s analyst reports since February 12, 2018 according to StockzIntelligence Inc. On Wednesday, February 21 the firm has “Neutral” rating by JP Morgan given. In Monday, February 12 report RBC Capital Markets maintained the stock with “Hold” rating. On Thursday, April 19 the stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by RBC Capital Markets. On Friday, April 13 Bank of America upgraded Genuine Parts Company (NYSE:GPC) to “Neutral” rating. On Tuesday, April 17 the stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by Guggenheim. On Wednesday, February 21 the firm has “Underperform” rating by Bank of America given.

For more Genuine Parts Company (NYSE:GPC) news released recently go to: Bizjournals.com, Streetinsider.com, Globenewswire.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “American Cancer Society sets Georgia leadership board” released on June 15, 2018, “Genuine Parts (GPC) to Acquire Hennig Fahrzeugteile Group” on June 07, 2018, “New Research Coverage Highlights Avery Dennison, Raymond James Financial, Genuine Parts, Kimco Realty, Bristow …” with a publish date: June 15, 2018, “Essendant -10.6% as FTC issues second request on GPC deal” and the last “Genuine Parts (GPC) option implied volatility low after Trump says 20% tariffs may be placed on all imported European …” with publication date: June 22, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Investors Chart

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