Economy

The Advance Auto Parts (AAP) Getting Somewhat Favorable Media Coverage, Report Shows

Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Verition Fund Management LLC now owns 6,574 shares of the company's stock worth $766,000 after purchasing an additional 184 shares in the last quarter. Sysco Corp now has $27.96 billion valuation. The median estimate represents a 1.98% increase from the last price. (NYSE:AAP) was up +0.16% ($0.16) to $98.06 and showed a volume of 1.08 mln shares. It has underperformed by 26.91% the S&P500.

Pinnacle Associates Ltd. cut its stake in Advance Auto Parts Inc (NYSE:AAP) by 43.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The Nokota Management Lp holds 175,415 shares with $29.67M value, down from 331,481 last quarter.

Analyst Thoughts About Advance Auto Parts, Inc. Its up 0.04, from 1.03 in 2016Q3. (AAP) is an interesting player in the Services space, with a focus on Auto Parts Stores. As of December 31, 2016, the Business's Advance Auto Parts operations consisted of three geographic divisions, which included the operations of the stores operating under the Advance Auto Parts, Carquest and Autopart International trade names. It has underperformed by 11.18% the S&P500. (NYSE:AAP) was bought by LEE EUGENE I JR. 1,200 Advance Auto Parts, Inc. Melvin Capital LP owns 2.41% invested in Advance Auto Parts, Inc. Therefore 52% are positive. Analysts predict that Advance Auto Parts will post $5.17 earnings per share for the current fiscal year. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. Finally, Maxim Group reaffirmed a "buy" rating on shares of Advance Auto Parts in a report on Thursday, June 29th. Beaufort Securities maintained the shares of HZD in report on Thursday, November 17 with "Speculative Buy" rating. The rating was maintained by RBC Capital Markets on Friday, November 13 with "Outperform".

On July 7, 2017 the stock rating was set at "Buy" by Jefferies a boost from the previous "Hold" rating. The company was upgraded on Monday, September 7 by Zacks. Boston Prns reported 0.18% in Advance Auto Parts, Inc. (NYSE:AAP) rating on Thursday, May 25. The firm has "Outperform" rating given on Wednesday, March 15 by Wedbush. Team Health Holdings Inc (NYSE:TMH) was raised too.

Investors sentiment increased to 1.05 in Q4 2016. N+1 Singer maintained the shares of HZD in report on Monday, January 18 with "Buy" rating. Sold All: 50 Reduced: 161 Increased: 146 New Position: 75. Prelude Cap Mgmt Lc has 440 shares. Cohen Management has invested 0.74% in Advance Auto Parts, Inc. (NYSE:AAP) or 9,857 shares. The New York-based Fox Point Capital Management Llc has invested 7.79% in the stock. (NYSE:AAP) for 227 shares. Millennium Mngmt Ltd Llc holds 323,760 shares. Synovus stated it has 0% in Advance Auto Parts, Inc. Carter William Harrison also sold $411,113 worth of Advance Auto Parts, Inc. (NYSE:AAP) for 74,000 shares. Reilly Fin Llc accumulated 0.01% or 200 shares. The Guernsey-based Bluecrest Cap Management Limited has invested 0.06% in Advance Auto Parts, Inc. (NYSE:AAP) or 104,000 shares. Commonwealth Bancshares Of Australia stated it has 0% of its portfolio in Advance Auto Parts, Inc.

Several analysts have issued reports on the stock. Tdam Usa invested in 63,652 shares or 0.57% of the stock.

Raymond James Trust increased Cisco Systems Inc (NASDAQ:CSCO) stake by 23,073 shares to 390,169 valued at $11.79M in 2016Q4. It also upped Microsoft Corp (NASDAQ:MSFT) stake by 23,983 shares and now owns 375,725 shares.

Since March 15, 2017, it had 1 buy, and 6 insider sales for $7.24 million activity. 15,600 shares valued at $846,300 were sold by Shurts Wayne on Wednesday, May 24. Smith Jeffrey C had bought 350,000 shares worth $47.00M on Friday, May 26. Sysco Corporation had 42 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, June 20 the stock rating was initiated by Bank of America with "Neutral". Huntington National Bank now owns 1,046 shares of the company's stock worth $122,000 after purchasing an additional 283 shares during the last quarter. The stock has "Buy" rating by Argus Research on Friday, February 5. The firm earned "Neutral" rating on Friday, December 9 by Goldman Sachs. On August 16 Barclays maintained a company rating of "Underweight" but lowered the price expectation from $130.00 to $90.00. The Firm is engaged in the production, distribution and marketing of product lines. RBC Capital Markets maintained Advance Auto Parts, Inc. Its down 0.26, from 1 in 2016Q3. 83 funds opened positions while 237 raised stakes. Jfs Wealth Limited Liability Company reported 313 shares or 0.01% of all its holdings. Morgan Stanley holds 0.06% or 3.22 million shares in its portfolio. Homrich And Berg holds 0.06% in SYSCO Corporation (NYSE:SYY) or 11,250 shares. Blackrock Institutional Tru Na accumulated 1.93 million shares or 0.05% of the stock. Scotia Capital reported 8,178 shares. Fifth Third Financial Bank owns 260 shares or 0% of their United States portfolio.



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