Advance Auto Parts Inc (AAP) Position Boosted by Seven Eight Capital LP

Marco Green
September 13, 2017

It is positive, as 50 investors sold AAP shares while 161 reduced holdings. Therefore 15% are positive. Advance Auto Parts has a 52 week low of $82.21 and a 52 week high of $177.83.

A total of 16 analysts have released a report on Advance Auto. As per Wednesday, October 19, the company rating was maintained by BTIG Research. The stock has "Equal-Weight" rating by Barclays Capital on Friday, August 5. Wedbush maintained the stock with "Outperform" rating in Tuesday, February 16 report. Finally, Deutsche Bank AG reiterated a "buy" rating and set a $139.00 price objective (down previously from $164.00) on shares of Advance Auto Parts in a research report on Friday, July 21st. Lastly, BidaskClub lifted shares of Advance Auto Parts from a "strong sell" recommendation to a "sell" recommendation in a analysis note on Mon, Jul 31st. The company was maintained on Monday, June 26 by Liberum Capital. The firm has "Buy" rating given on Thursday, August 24 by UBS. Concourse Capital Management Ltd Liability Corporation holds 1.28% of its portfolio in Advance Auto Parts, Inc. Bank of America downgraded the stock to "Underperform" rating in Friday, July 7 report. Lazard Asset Management LLC now owns 3,135,361 shares of the company's stock worth $464,848,000 after purchasing an additional 983,616 shares in the last quarter. As of the end of the quarter William Blair Investment Management, LLC had acquired a total of 224,109 shares growing its stake by 10.5%. The stock rose 3.05% or $2.88 reaching $97.28 per share. About 7 shares traded. It is down 39.42% since September 12, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

At the time of writing, the stock was trading at $4.40. About shares traded. Advance Auto Parts, Inc. ANSYS, Inc. (NASDAQ:ANSS) has risen 43.75% since September 11, 2016 and is uptrending. It has underperformed by 11.18% the S&P500.

U.S. Auto Parts Network, Inc., launched on February 27, 2006, is an online provider of automotive aftermarket parts and fix information.

The company now has a P/E ratio of 4.20 and the market value is 107.09M. The Business's stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. It has a 4.57 P/E ratio. It serves through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites.

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.28, from 0.9 in 2016Q3. Moreover, Gulf State Bank (Uk) Limited has 0.06% invested in Advance Auto Parts, Inc. 41 funds opened positions while 112 raised stakes. The original version of this news story can be viewed at (NYSE:AAP). Cipher Cap Limited Partnership holds 0.31% of its portfolio in Advance Auto Parts, Inc. 2,225 were accumulated by Burney. (NYSE:AAP) was bought by Slone Reuben E. $411,113 worth of Advance Auto Parts, Inc. Liberty Mutual Grp Asset Management owns 0.03% invested in Advance Auto Parts, Inc. Advance Auto Parts had a net profit margin of 3.91% and a ROE of 14.71%. the business reported sales of $2.26 B for the period end, compared with brokerage expectations of $2.26 B. for the same period in the prior year, firm posted $1.90 Earnings Per Share. (NYSE:AAP) for 7,900 shares. Ameriprise Inc holds 617,264 shares. The monthly stock performance comes in at 0.23%.

More notable recent Advance Auto Parts, Inc. The stock of Advance Auto Parts, Inc. (NYSE:AAP) for 22,581 shares. LEE EUGENE I JR had bought 1,895 shares worth $250,481 on Friday, May 26. The insider Buss Brad W bought 1,200 shares worth $161,364. Karaboutis Adriana bought 367 shares worth $49,648. Advance Auto Parts's yield ratio (DPR) is presently 4.80%. Shares for $2.15M were bought by Greco Thomas. (NYSE:AAP), 13 have Buy rating, 3 Sell and 9 Hold. PayPoint PLC had 64 analyst reports since July 23, 2015 according to SRatingsIntel. 108.75 million shares or 6.28% more from 102.33 million shares in 2016Q3 were reported. As per Tuesday, August 25, the company rating was upgraded by Credit Agricole. Berenberg initiated ANSYS, Inc. (NYSE:JPM) on Wednesday, July 13 with "Sell" rating. Jefferies initiated the shares of AAP in report on Tuesday, September 15 with "Hold" rating. The stock has "Neutral" rating by J.P. Morgan on Thursday, January 28. Tower Research Cap Ltd Co (Trc) holds 0.05% or 2,914 shares. It also upped Qorvo Inc stake by 471,482 shares and now owns 696,472 shares.

The stock of Mobileiron Inc (NASDAQ:MOBL) is a huge mover today!

Analysts await JPMorgan Chase & Co. The Ferguson Wellman Capital Management Inc holds 199,829 shares with $15.00 million value, up from 192,335 last quarter.

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