Genuine Parts Company (GPC) Stake Increased by Haverford Trust Co.

Haverford Trust Co. raised its stake in Genuine Parts Company (NYSE:GPC) by 2.0% during the fourth quarter, Holdings Channel reports. The fund owned 272,758 shares of the company’s stock after buying an additional 5,351 shares during the period. Haverford Trust Co. owned 0.18% of Genuine Parts Company worth $26,059,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GPC. New York Life Trust Co. increased its position in shares of Genuine Parts Company by 8.7% in the third quarter. New York Life Trust Co. now owns 1,048 shares of the company’s stock valued at $105,000 after buying an additional 84 shares during the last quarter. Global X Management Co. LLC increased its position in shares of Genuine Parts Company by 82.3% in the third quarter. Global X Management Co. LLC now owns 1,440 shares of the company’s stock valued at $145,000 after buying an additional 650 shares during the last quarter. Hirtle Callaghan & Co LLC acquired a new position in shares of Genuine Parts Company during the third quarter valued at approximately $180,000. State of Alaska Department of Revenue acquired a new position in shares of Genuine Parts Company during the third quarter valued at approximately $187,000. Finally, Chicago Partners Investment Group LLC acquired a new position in shares of Genuine Parts Company during the third quarter valued at approximately $201,000. 71.75% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Genuine Parts Company (NYSE:GPC)

Genuine Parts Company (NYSE:GPC) traded up 0.37% on Friday, reaching $99.60. The company’s stock had a trading volume of 94,727 shares. Genuine Parts Company has a 12 month low of $86.61 and a 12 month high of $105.97. The firm has a market cap of $14.81 billion, a P/E ratio of 21.52 and a beta of 0.93. The firm’s 50 day moving average is $97.68 and its 200-day moving average is $97.71.

This article was originally published by and is the sole property of Zolmax. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://zolmax.com/investing/genuine-parts-company-gpc-stake-increased-by-haverford-trust-co/1208308.html

“Genuine Parts Company (GPC) Stake Increased by Haverford Trust Co.” was first posted by Zolmax and is owned by of Zolmax. If you are reading this article on another website, it was stolen and reposted in violation of U.S. and international copyright & trademark laws. The correct version of this article can be accessed at https://zolmax.com/investing/genuine-parts-company-gpc-stake-increased-by-haverford-trust-co/1208308.html.

Several brokerages have recently commented on GPC. Zacks Investment Research raised Genuine Parts Company from a “sell” rating to a “hold” rating in a report on Tuesday. Wedbush reissued a “neutral” rating on shares of Genuine Parts Company in a report on Tuesday, January 3rd. Goldman Sachs Group, Inc. (The) raised Genuine Parts Company from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $95.00 to $105.00 in a report on Thursday, January 19th. Atlantic Securities began coverage on Genuine Parts Company in a report on Wednesday, December 14th. They set a “neutral” rating and a $100.00 price objective on the stock. Finally, Jefferies Group LLC reduced their price objective on Genuine Parts Company to $95.00 in a report on Thursday, October 20th. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $101.90.

Genuine Parts Company Company Profile

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 Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.

5 Day Chart for NYSE:GPC

Want to see what other hedge funds are holding GPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genuine Parts Company (NYSE:GPC).

Receive News & Ratings for Genuine Parts Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Illumina, Inc.  Upgraded to Strong-Buy at Vetr Inc.
Illumina, Inc. Upgraded to Strong-Buy at Vetr Inc.
Jefferies Group Research Analysts Reduce Earnings Estimates for Medtronic PLC
Jefferies Group Research Analysts Reduce Earnings Estimates for Medtronic PLC
Flinton Capital Management LLC Invests $458,000 in PVH Corp.
Flinton Capital Management LLC Invests $458,000 in PVH Corp.
Champlain Investment Partners LLC Acquires 106,485 Shares of Laboratory Corp. of America Holdings
Champlain Investment Partners LLC Acquires 106,485 Shares of Laboratory Corp. of America Holdings
Ross Stores, Inc.  Stake Boosted by Cantab Capital Partners LLP
Ross Stores, Inc. Stake Boosted by Cantab Capital Partners LLP
Gentherm’s  Outperform Rating Reaffirmed at FBR & Co
Gentherm’s Outperform Rating Reaffirmed at FBR & Co


Leave a Reply

 
© 2006-2017 Zolmax.