Genuine Parts Company (GPC) Analysts See $1.32 EPS; Pioneer Municipal High Income Advantage Trust (MAV) Sentiment Is 1.15

March 20, 2018 - By Kurt Siggers

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.32 EPS on April, 18.They anticipate $0.24 EPS change or 22.22% from last quarter’s $1.08 EPS. GPC’s profit would be $193.69 million giving it 17.14 P/E if the $1.32 EPS is correct. After having $1.12 EPS previously, Genuine Parts Company’s analysts see 17.86% EPS growth. The stock decreased 0.32% or $0.29 during the last trading session, reaching $90.49. About 699,734 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since March 20, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

The stock decreased 0.09% or $0.01 during the last trading session, reaching $10.62. About 177,412 shares traded or 113.35% up from the average. Pioneer Municipal High Income Advantage Trust (MAV) has declined 17.04% since March 20, 2017 and is downtrending. It has underperformed by 33.74% the S&P500.

Robinson Capital Management Llc holds 2.72% of its portfolio in Pioneer Municipal High Income Advantage Trust for 525,285 shares. City Of London Investment Management Co Ltd owns 272,095 shares or 0.23% of their US portfolio. Moreover, Capital Investment Advisors Llc has 0.06% invested in the company for 75,846 shares. The Florida-based Thomas J. Herzfeld Advisors Inc. has invested 0.06% in the stock. Cliftonlarsonallen Wealth Advisors Llc, a Minnesota-based fund reported 26,883 shares.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company has market cap of $13.28 billion. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores. It has a 21.65 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers.

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Genuine Parts Company had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, October 20. The rating was downgraded by Jefferies on Friday, July 15 to “Hold”. Goldman Sachs downgraded Genuine Parts Company (NYSE:GPC) on Wednesday, September 30 to “Sell” rating. Gabelli upgraded the shares of GPC in report on Friday, July 21 to “Buy” rating. Jefferies maintained it with “Hold” rating and $95 target in Wednesday, April 19 report. Jefferies initiated Genuine Parts Company (NYSE:GPC) rating on Tuesday, September 15. Jefferies has “Buy” rating and $95 target. On Monday, February 12 the stock rating was maintained by RBC Capital Markets with “Hold”. As per Thursday, October 15, the company rating was downgraded by BB&T Capital. The company was upgraded on Thursday, January 19 by Goldman Sachs. The firm has “Hold” rating given on Thursday, July 14 by Gabellu & Co..

Investors sentiment decreased to 0.94 in Q3 2017. Its down 0.02, from 0.96 in 2017Q2. It dropped, as 46 investors sold Genuine Parts Company shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported. Metropolitan Life Insurance Co New York accumulated 72,085 shares or 0.04% of the stock. Guardian Life Insur Of America has 333 shares. State Of Wisconsin Investment Board invested in 135,893 shares or 0.04% of the stock. Vident Inv Advisory Lc holds 0.02% or 4,183 shares in its portfolio. Miller Invest Mgmt L P accumulated 16,075 shares. Cleararc Capital invested in 0.05% or 3,790 shares. 116,416 are owned by Hsbc Public Ltd. Sei, Pennsylvania-based fund reported 46,083 shares. Ibm Retirement Fund has 2,095 shares. Old Republic invested in 228,000 shares or 0.72% of the stock. Cetera Advisor Ntwk Ltd Liability Co invested in 0.05% or 12,553 shares. Exxonmobil Invest Management Tx invested in 26,813 shares or 0.06% of the stock. Haverford Tru invested 0.65% of its portfolio in Genuine Parts Company (NYSE:GPC). Nippon Life Insur owns 12,873 shares. Buckingham Asset Limited Liability owns 6,975 shares for 0.16% of their portfolio.

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