Economy

Genuine Parts (GPC) Getting Somewhat Favorable Press Coverage, Study Finds

Moors & Cabot Inc acquired 3,239 shares as Smucker J M Co (SJM)'s stock declined 7.31%. Vanguard Group Inc. now owns 15,648,183 shares of the specialty retailer's stock valued at $1,451,526,000 after buying an additional 218,851 shares in the last quarter. Its share price has risen 9.90% in three months and is up 0.89% for the last five trades.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on February, 20. GPC's profit will be $156.88 million for 21.90 P/E if the $1.07 EPS becomes a reality. JPMorgan Chase & Co. grew its holdings in shares of Genuine Parts by 13.9% in the 2nd quarter. About 348,187 shares traded. Nine Chapters Capital Management LLC bought a new position in Genuine Parts Company during the first quarter valued at about $222,000. It has underperformed by 18.15% the S&P500. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Therefore 67% are positive. Moffett Nathanson began coverage on Genuine Parts in a research report on Monday. Crawford Investment Counsel Inc, a Georgia-based fund reported 735,244 shares. The company was maintained on Thursday, June 29 by Jefferies. The firm has "Underperform" rating given on Tuesday, March 21 by Bernstein. The stock of The J.M. Smucker Company (NYSE:SJM) earned "Hold" rating by Susquehanna on Wednesday, May 31. The firm earned "Buy" rating on Friday, November 6 by UBS. Shareholders of record on Friday, June 9th will be given a dividend of $0.675 per share. The stock of Genuine Parts Company (NYSE:GPC) has "Hold" rating given on Friday, September 8 by RBC Capital Markets. Friedman Michael A sold 5,000 shares worth $625,000. Pinnacle Entmt Inc New was reduced too.

The stock decreased 0.47% or $0.44 during the last trading session, reaching $93.72. The company has a quick ratio of 0.62, a current ratio of 1.32 and a debt-to-equity ratio of 0.16. It dropped, as 1 investors sold ARC Group Worldwide, Inc. shares while 4 reduced holdings. 3 funds opened positions while 3 raised stakes. Middleton & Ma invested in 0.05% or 1,743 shares. Azimuth Ltd holds 0.12% or 16,987 shares in its portfolio. Creative Planning owns 25 shares or 0% of their United States portfolio. Fundsmith Llp stated it has 2.04 million shares. Schmidt P J Inv Mngmt Inc accumulated 2,361 shares. The company's stock had a trading volume of 1,320,795 shares, compared to its average volume of 855,495. North Carolina-based Piedmont has invested 0% in The Ensign Group, Inc. Bath Savings reported 0.13% stake. Art Advsrs Limited Liability Corporation holds 184,500 shares or 1.27% of its portfolio. Cap Mngmt Va reported 0.06% in The J.M. Smucker Company (NYSE:SJM). 38,176 were reported by Oregon Pub Employees Retirement Fund. Genuine Parts Company (NYSE:GPC), at its latest closing price of $93.80, it has a price-to-book ratio of 4.07, compared to an industry average at 2.80. Therefore 17% are positive. The rating was maintained by Imperial Capital on Tuesday, September 27 with "In-Line". On Thursday, September 24 the stock rating was downgraded by Imperial Capital to "In-Line". Jefferies has "Hold" rating and $95.0 target.

Goldman Sachs upgraded the shares of GPC in report on Thursday, January 19 to "Neutral" rating. RBC Capital Markets maintained the shares of ENSG in report on Sunday, November 19 with "Buy" rating. RBC Capital Markets maintained it with "Sector Perform" rating and $95 target in Tuesday, July 21 report. The firm earned "Hold" rating on Friday, July 15 by Jefferies. The firm has "Sector Perform" rating given on Thursday, April 20 by RBC Capital Markets. Zacks Investment Research lowered shares of Genuine Parts from a "hold" rating to a "sell" rating in a research note on Friday, October 20th.

Investors sentiment increased to 1.34 in 2017 Q2. Its up 0.24, from 1.32 in 2017Q1. During the same quarter in the prior year, the company posted $1.24 earnings per share. analysts expect that Genuine Parts will post 4.58 EPS for the current fiscal year.

Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Genuine Parts (NYSE:GPC) by 30.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. Hyman Charles D stated it has 0.14% in Genuine Parts Company (NYSE:GPC). Aspiriant Ltd Com has 6,627 shares. 39,903 were accumulated by Manning & Napier Ltd Liability Co. Royal Bank of Canada restated a "hold" rating and set a $96.00 price objective on shares of Genuine Parts Company in a report on Thursday, May 25th. Park National Oh has 321,800 shares for 1.77% of their portfolio. Wells Fargo And Com Mn stated it has 640 shares or 0% of all its holdings. Meyer Handelman Company owns 162,088 shares or 0.64% of their United States portfolio. (NASDAQ:ENSG). Amer Intll Inc holds 0% of its portfolio in The Ensign Group, Inc. Tru Of Vermont owns 5,819 shares.

Genuine Parts Company (NYSE:GPC), maintained return on investment for the last twelve months at 14.67, higher than what Reuters data shows regarding industry's average. Riverhead Capital Management Limited stated it has 20,478 shares. (NASDAQ:ENSG) for 3,978 shares.



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