Genuine Parts Company (GPC) Position Held by united american securities inc. d b a uas asset management

united american securities inc. d b a uas asset management held its stake in Genuine Parts Company (NYSE:GPC) during the third quarter, Holdings Channel reports. The fund owned 14,735 shares of the company’s stock at the end of the third quarter. Genuine Parts Company makes up 1.0% of united american securities inc. d b a uas asset management’s holdings, making the stock its 16th largest position. united american securities inc. d b a uas asset management’s holdings in Genuine Parts Company were worth $1,480,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of GPC. Sumitomo Mitsui Asset Management Company LTD increased its stake in Genuine Parts Company by 1.2% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 11,783 shares of the company’s stock worth $1,193,000 after buying an additional 135 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Genuine Parts Company by 1.0% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 435,436 shares of the company’s stock worth $44,088,000 after buying an additional 4,249 shares in the last quarter. FTB Advisors Inc. increased its stake in Genuine Parts Company by 50.0% in the second quarter. FTB Advisors Inc. now owns 1,500 shares of the company’s stock worth $152,000 after buying an additional 500 shares in the last quarter. Bbva Compass Bancshares Inc. increased its stake in Genuine Parts Company by 8.2% in the second quarter. Bbva Compass Bancshares Inc. now owns 7,849 shares of the company’s stock worth $795,000 after buying an additional 598 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in Genuine Parts Company by 10.3% in the second quarter. Ausdal Financial Partners Inc. now owns 8,234 shares of the company’s stock worth $834,000 after buying an additional 766 shares in the last quarter. Hedge funds and other institutional investors own 71.67% of the company’s stock.

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

Genuine Parts Company (NYSE:GPC) opened at 99.78 on Friday. The company has a market capitalization of $14.84 billion, a PE ratio of 21.56 and a beta of 0.93. Genuine Parts Company has a 12-month low of $85.26 and a 12-month high of $105.97. The company has a 50 day moving average price of $97.36 and a 200-day moving average price of $97.78.

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A number of equities research analysts have weighed in on GPC shares. Jefferies Group LLC reiterated a “hold” rating and set a $95.00 price target (down previously from $105.00) on shares of Genuine Parts Company in a research note on Wednesday, October 19th. Wedbush reduced their target price on shares of Genuine Parts Company from $98.00 to $95.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 19th. Zacks Investment Research upgraded shares of Genuine Parts Company from a “sell” rating to a “hold” rating in a research note on Tuesday, November 29th. Atlantic Securities began coverage on shares of Genuine Parts Company in a research note on Wednesday, December 14th. They issued a “neutral” rating and a $100.00 target price on the stock. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Genuine Parts Company from a “sell” rating to a “neutral” rating and boosted their target price for the company from $95.00 to $105.00 in a research note on Thursday, January 19th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $101.90.

About Genuine Parts Company

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).

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