Economy

Q2 2017 Sentiment Genuine Parts Co (NYSE:GPC)

Fulton Breakefield Broenniman Llc acquired 36,493 shares as Gpc (GPC)'s stock declined 8.49%. Gwm Advisors LLC owns 8,456 shares worth $719,647,000. Gpc now has $12.78 billion valuation. The median estimate represents a -1.56% increase from the last price.

About 95,540 shares traded. The value of the investment in Genuine Parts Company decreased from $45,172,000 to $14,127,000 a change of $31,045,000 quarter over quarter. It has underperformed by 18.15% the S&P500. A 7 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of AMN or, if they already own its stock, sell it. T-Mobile US had 15 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Genuine Parts Company (NYSE:GPC) earned "Neutral" rating by Susquehanna on Friday, August 26. The firm has "Buy" rating by Haywood Securities given on Tuesday, December 8. Citigroup downgraded the shares of IHG in report on Monday, March 7 to "Sell" rating. The firm has "Hold" rating by Gabellu & Co. given on Thursday, July 14. The firm has "Market Perform" rating given on Wednesday, February 24 by Telsey Advisory Group. RBC Capital Markets has "Hold" rating and $96 target. The firm has "Overweight" rating given on Tuesday, January 3 by Barclays Capital. The company was maintained on Thursday, April 20 by RBC Capital Markets. Therefore 18% are positive.

Genuine Parts declared that its Board of Directors has approved a share buyback plan on Monday, August 21st that authorizes the company to repurchase 15,000,000 outstanding shares. As per Tuesday, October 20, the company rating was upgraded by Gabelli. BidaskClub boosted Genuine Parts from a "sell" recommendation to a "hold" recommendation in a study on Wed, Jun 14th. It is down 15.69% since September 21, 2016 and is downtrending. Finally, Gabelli upgraded Genuine Parts from a "hold" rating to a "buy" rating and set a $101.00 price target for the company in a report on Friday, July 21st. RBC Capital Markets maintained the stock with "Hold" rating in Friday, May 26 report. The stock of Genuine Parts Company (NYSE:GPC) has "Hold" rating given on Friday, September 8 by RBC Capital Markets. Royal Bank Of Canada reissued a "hold" rating and set a $96.00 target price on shares of Genuine Parts in a research report on Thursday, May 25th. Goldman Sachs downgraded the shares of GPC in report on Wednesday, September 30 to "Sell" rating.

Investors sentiment decreased to 0.9 in Q2 2017. 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). Sold All: 53 Reduced: 206 Increased: 194 New Position: 40. 106.82 million shares or 1.53% more from 105.21 million shares in 2017Q1 were reported. After having $1.29 EPS previously, Genuine Parts Company's analysts see -0.78% EPS growth. The number of shares now owned by investors are 146.39 mln. Caldwell & Orkin holds 0.54% or 7,200 shares in its portfolio.

Traders are a little more bearish on shares of Genuine Parts Company recently as indicated by the motion in short interest.

12/14/2016 - Atlantic Equities began new coverage on Genuine Parts Company giving the company a "neutral" rating. Genuine Parts's dividend payout ratio (DPR) is now 58.32%. Genuine Parts Company has a 1-year low of $79.86 and a 1-year high of $101.88. Agf Invests accumulated 1.59M shares or 1.1% of the stock. Bangor Bancorporation reported 4,009 shares. Gamco Invsts Incorporated Et Al has invested 1.07% of its portfolio in Genuine Parts Company (NYSE:GPC). Sit Inv stated it has 334,194 shares or 0.77% of all its holdings. Legg Mason Asset Mngmt (Japan) Limited holds 0.47% or 6,200 shares.

InterContinental Hotels Group PLC is a hotel company. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.05 billion. Also, it has an estimated price-earnings (P/E) multiple of 16.92 and a trailing 12-month price-earnings (P/E) multiple of 18.76. The Company's divisions include The Americas; Europe; Asia, Middle East and Africa; Greater China, and Central. About 97,538 shares traded or 73.52% up from the average. InterContinental Hotels Group PLC (ADR) (NYSE:IHG) has risen 43.31% since September 22, 2016 and is uptrending.

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