Genuine Parts Company (NYSE:GPC) Trading Volume Significantly Lower

Marco Green
September 25, 2017

The stock's market capitalization is 12.61B, it has a 52-week low of 79.86 and a 52-week high of 101.88. The institutional investor held 1.94 million shares of the automotive aftermarket company at the end of 2017Q2, valued at $180.06M, up from 1.81M at the end of the previous reported quarter. Commonwealth Bank of Australia raised its stake in shares of Genuine Parts by 1.3% during the second quarter. LLC now owns 1,644 shares of the specialty retailer's stock valued at $152,000 after acquiring an additional 373 shares in the last quarter. A month ago, analyst EPS consensus estimated earnings of US$1.28 per share. Genuine Parts Company (GPC) has declined 1.45% since September 24, 2016 and is downtrending. It has underperformed by 18.15% the S&P500. The New York-based Cullen Capital Management Llc has invested 2.61% in the stock. Investec Asset Management has an ownership of 93,668 stocks of the specialty retailer's shares valued $8,689,000 following purchasing an extra 41,583 shares through out the quarter. large institution funds own 74.46% of the firms stock. The analyst recommendations from a month ago are 0 Buy, 1 Strong Buy, 1 Sell, 0 Hold and 5. About 97,538 shares traded or 73.52% up from the average. Aerie Pharmaceuticals Inc (NASDAQ:AERI) has risen 180.20% since September 23, 2016 and is uptrending. It has underperformed by 16.38% the S&P500. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company.

Ratings analysis reveals 18% of Genuine Parts Company's analysts are positive. On Tuesday, April 4 the stock rating was maintained by Shore Capital with "Sell".

Genuine Parts Company (NYSE:GPC) has a current MF Rank of 1826. BidaskClub upgraded Genuine Parts from a "sell" rating to a "hold" rating in a report on Wednesday, June 14th.

ILLEGAL ACTIVITY WARNING: "Wells Fargo & Company MN Buys 70,980 Shares of Genuine Parts Company (GPC)" was posted by TrueBlueTribune and is owned by of TrueBlueTribune. On Wednesday, August 2 the stock rating was maintained by H.C. Wainwright with "Buy". Susquehanna initiated the stock with "Neutral" rating in Friday, August 26 report. Swiss Commercial Bank reported 542,230 shares stake. Moreover, Cincinnati Financial Corp has 3.62% invested in the company for 823,000 shares.

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.28 EPS on October, 18.They anticipate $0.04 EPS change or 3.23% from last quarter's $1.24 EPS. During the same quarter in the prior year, the company earned $1.28 earnings per share. GPC's profit would be $187.97M giving it 17.18 P/E if the $1.28 EPS is correct.

After a recent scan, we can see that Genuine Parts Company (NYSE:GPC) has a Shareholder Yield of 0.046165 and a Shareholder Yield (Mebane Faber) of 0.01777. Investors of record on Friday, September 8th will be given a $0.675 dividend. GPC comes in with a P/S ratio of 0.81 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.98) and its peers (87.74). It turned negative, as 53 investors sold GPC shares while 206 reduced holdings. 33 funds opened positions while 48 raised stakes. 106.82 million shares or 1.53% more from 105.21 million shares in 2017Q1 were reported. The dividend will be $0.675 per share for the quarter or $2.70 annualized. Verity & Verity Limited Liability accumulated 46,276 shares or 1.33% of the stock. It improved, as 21 investors sold AERI shares while 48 reduced holdings.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. the firms segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other. Hanson Mcclain has 0% invested in Genuine Parts Company (NYSE:GPC). RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) on Tuesday, July 21 with "Sector Perform" rating. Thrivent Finance For Lutherans, a Minnesota-based fund reported 95,980 shares. Aberdeen Asset Public Limited Liability Uk stated it has 151,632 shares or 0.05% of all its holdings. Catalyst Lc reported 42,380 shares. Godsey & Gibb Associates has an ownership of 4,161 stocks of the specialty retailer's shares valued $386,000 following purchasing an extra 40 shares through out the quarter.

Genuine Parts disclosed that its Board of Directors has approved a share buyback program on early Mon, Aug 21st that authorizes The corporation to buyback 15,000,000 outstanding Stocks. Genuine Parts earned a media sentiment score of 0.27 on Accern's scale. Morgan Stanley maintained the stock with "Overweight" rating in Friday, January 27 report. Therefore 18% are positive. Goldman Sachs Group Inc reissued a "neutral" rating and set a $104.00 price objective (up previously from $98.00) on shares of Genuine Parts Company in a research report on Saturday, April 22nd. The company was downgraded on Monday, September 12 by Gabelli. The firm has "Neutral" rating given on Monday, October 17 by M Partners. The ex-dividend date of this dividend is Wednesday, June 7th. The firm has "Outperform" rating given on Thursday, December 10 by RBC Capital Markets. Janus Capital Management LLC cut its stake by selling 319,936 shares a decrease of 67.7%. Van ECK Associates Corp grew its stake in shares of Genuine Parts by 7.3% in the 1st quarter.

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