Here’s how analysts see Genuine Parts Company (NYSE:GPC) after this past week.

April 22, 2018 - By Clifton Ray

Genuine Parts Company (NYSE:GPC) LogoInvestors sentiment decreased to 0.94 in Q4 2017. Its down 0.02, from 0.96 in 2017Q3. It worsened, as 39 investors sold Genuine Parts Company shares while 202 reduced holdings. 56 funds opened positions while 171 raised stakes. 106.29 million shares or 1.72% less from 108.15 million shares in 2017Q3 were reported.
Cacti Asset Mgmt Limited Liability Corp invested in 9,750 shares or 0.07% of the stock. Weik Mgmt holds 7,695 shares. Bb&T Llc reported 89,043 shares. Bnp Paribas Arbitrage holds 56,157 shares or 0.01% of its portfolio. Gemmer Asset Mgmt Ltd Liability Corporation has invested 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Mechanics Financial Bank Tru Department invested in 0.24% or 11,110 shares. Community Bancshares Na reported 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Vigilant Management Limited Company invested in 0% or 203 shares. Ibm Retirement Fund reported 0.04% in Genuine Parts Company (NYSE:GPC). 2,179 are owned by Glob X Limited Liability Corp. First City Capital Mgmt holds 0.39% or 5,975 shares in its portfolio. Indiana-based Old Bancorp In has invested 0.05% in Genuine Parts Company (NYSE:GPC). Kbc Nv accumulated 15,193 shares. Hanson And Doremus Investment holds 0.01% in Genuine Parts Company (NYSE:GPC) or 250 shares. Vontobel Asset Mngmt invested in 9,497 shares.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 5 analysts covering Genuine Parts Company (NYSE:GPC), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Genuine Parts Company had 8 analyst reports since November 10, 2017 according to SRatingsIntel. On Wednesday, February 21 the stock rating was maintained by Bank of America with “Underperform”. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by RBC Capital Markets on Monday, February 12. The rating was maintained by RBC Capital Markets with “Hold” on Friday, November 10. As per Thursday, April 19, the company rating was maintained by RBC Capital Markets. Guggenheim initiated the stock with “Hold” rating in Tuesday, April 17 report. JP Morgan maintained the stock with “Neutral” rating in Wednesday, February 21 report. The rating was upgraded by Bank of America to “Neutral” on Friday, April 13. Below is a list of Genuine Parts Company (NYSE:GPC) latest ratings and price target changes.

19/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $94.0000 Maintain
17/04/2018 Broker: Guggenheim Rating: Hold Initiate
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

The stock decreased 0.44% or $0.39 during the last trading session, reaching $87.75. About 1.24M shares traded or 32.71% up from the average. Genuine Parts Company (NYSE:GPC) has declined 4.48% since April 22, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

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 market cap of $12.88 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. It has a 20.99 P/E ratio. 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 Positions Chart

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